Isola

Da:Mén @ USJ

PETALING JAYA: A new mixed development with a gross development value of RM1 billion is coming up in the USJ area in Subang Jaya, Selangor. The project by Equine Capital Bhd will consist of serviced apartments, shop offices and a mall.

The project, known as da:mén (meaning "the Gateway" in Mandarin), is located at the intersection fronting Jalan Kewajipan and Jalan Subang Permai spanning approximately 8.98ha of freehold land.

The serviced apartments comprise two 23-storey towers complete with a dedicated facilities deck including infinity-edged pools. There are 480 units offering five layout choices with built-up areas ranging from 723 sq ft to 1,100 sq ft. Prices are from RM350,000 onwards.

http://www.equine.com.my/usj_development.html

Equine's RM1b da:mén development

Empire Subang - The Mammoth Is Back

This is the new shopping center in Subang Jaya area, nearby Subang Parade. Been there couple of times, not big, but nice environment and is definately classier than Subang Parade, I think.

This property is developed by an innovative developer, name Mammoth Empire. The master plan include Shooping Center, Office Tower, SOHO and Hotel.

I would like to talk about SOHO here. Moreover I never ever thought of invest in SOHO until I heard the success story of the SOHO @ Empire Subang.

Quick Fact:

- Launching in year 2007, price @ Rm208k onward

- Today year 2010, market selling price @RM380k onward

- Minus all cost, capital appreciation of RM150k within 3-4 years !

- Rental today @ RM2000, for RM208k property the installment is only RM1200 for 30 year tenure, you enjoy cash flow of RM500 per month after minus all other cost !!

==> What a great investment in term of rental as well as capital appreciation !!!

FYI: And Sime Darby is launching a new condo next to it soon, heard Sime plan to sell it at "super high price". Hardly you will see a big MNC like Sime will riding on the success of other small player, like this Empire Subang.

I was just thinking:

Q: How can I miss out this investment last time?

A: Oooo...because I dont know about this project mar, somemore I also dunno what is happening in the market, where got launch I mana tau? I got no connection to developer what.... Somemore this devloper is quite new, dunno they can make it success or not. Too risky-lar, somemore commercial property. You see in KL, office everywhere, oversupply liao...

How can I make sure I will not miss out this type of good investment again??

A: I will leave it to you to comment.

Isola Subang

Get to know this when visiting Property Fair at Mid Valley few months ago. Design look ok, but heard that price is not cheap....

Went to the site office, the office is ready, but seem like no one there... keep wondering how much will this condo cost. RM400psf? RM500psf?

Actually I have been to this area couple years back, when there are several launches during that time, Saujana Residency, Tiaraville. That time was quite bother by comemercial land issues, therefore never invested in this area.

Until recently heard about the miracle story of Empire Subang, my attention is back to this area.

Anyhow until todays still have no news from the developer, even I have registered at Sime Darly website (http://property.simedarby.com/). But rumours from this myrealestate forum is this condo may price at RM700psf onwards..... WAO !!!!!

If this is true, I guess is better give it a miss. With RM700psf, I believe there are plenty other choice I have for investment, including Mont Kiara. Hopefully Sime Darby will price it "reasonably" and not thinking of recoupe their company loss via property projects like this :)

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