Sunday, August 29, 2010
Saturday, August 28, 2010
Zenth Residences @ Kelana Jaya
Saw a sign board at the roadside today when I am on the way home. Decided to follow the sign board and discover that SMI (developer) is actually launching their new project at Kelana Jaya - Zenth Residences.
SMI have been active developer in this area. They have built Kelana Puteri, Kelana Putera, Kelana Mahkota and Sterling PJ. Now they launching another new condominium right beside Kelana Mahkota.
There are few layouts available, from 930sf - 1100++ sf. Average price around RM370psf. For this launch, developer is giving RM10,000 discount. No interest bearing scheme or no furnishing provided as well.
I quite like this location, as myself is living here too. Is easy access to One Utama (north), or Sunway Pyramid (south). However please be reminded that this is leasehold land, and the remaining lease is about 70-80 years. Just another concern is SMI is not a very creative developer, but not a bad developer as well.
Friday, August 27, 2010
Azizi Ali: Property investment in the new decade - StarProperty.my
Azizi Ali: Property investment in the new decade - StarProperty.my
As a result of the new challenges, the investors using the current success formula of buying five properties at one go (by paying the minimum down payment and borrowing to the hilt) will be seriously hammered. They will experience much pain, to put it mildly. Some people will lose their properties, some will lose more than money and yes, some will become ex-millionaires.
As a result of the new challenges, the investors using the current success formula of buying five properties at one go (by paying the minimum down payment and borrowing to the hilt) will be seriously hammered. They will experience much pain, to put it mildly. Some people will lose their properties, some will lose more than money and yes, some will become ex-millionaires.
Wednesday, August 25, 2010
Kinrara Residence - Landed House at Bandar Kinrara
From Mah Sing Website
Kinrara Residence is a mixed residential development consisting of mainly superlink homes, semi-detached homes and bungalows set in a secured and guarded enclave with tight security system for you and your family to sleep tight at night.
An exclusive clubhouse equipped with facilities such as a swimming pool, gymnasium and other communal facilities to encourage a healthier lifestyle among its residents.
Location:
Estimate Price:
1. 2-sty (2,400 sqf) - 700k
2. 2.5-sty (3,000 sqf) - 800k
3. 3-sty (3,300) sqf - 900k
Kinrara Residence is a mixed residential development consisting of mainly superlink homes, semi-detached homes and bungalows set in a secured and guarded enclave with tight security system for you and your family to sleep tight at night.
An exclusive clubhouse equipped with facilities such as a swimming pool, gymnasium and other communal facilities to encourage a healthier lifestyle among its residents.
Location:
Estimate Price:
1. 2-sty (2,400 sqf) - 700k
2. 2.5-sty (3,000 sqf) - 800k
3. 3-sty (3,300) sqf - 900k
Friday, August 20, 2010
Tuesday, August 17, 2010
S P Setia Bhd's Setia Alam pricing homes in on KL's
S P Setia Bhd's Setia Alam pricing homes in on KL's
• The 2,500-acre BSA (Setia Alam) township was launched in 2004. The price of linkhouses measuring 18x65 ft has appreciated from RM170k to RM280k while those measuring 20x70 have gone up from RM220k to RM380k. Shopoffices launched in 2004 at RM800k are now transacted at RM1.2m.
• The 50%-owned 791-acre Setia Eco Park, which is next to BSA, is 35% developed. Semi-Ds of 3,000 sq ft built-up are now transacting at RM1.3m compared to their 2006 launch price of RM720k. Slightly more than 1,000 homes have been developed. In a launch on 8 Aug, 74 semi-Ds priced from RM1.7m enjoyed a take-up rate of 60%. (Seem like High End property appreciate much faster than ...)
• BSA has been a hive of activity in recent weeks. On 31 Jul, 76 double-storey links priced at RM518k achieved 93% take-up while 64 semi-Ds (built-up from 3,005 sqft) priced at RM968k were fully sold. On Aug 7, 52 semi-Ds (built-up from 1,749 sqft) with price tags of RM450k were all taken up while 60 three-storey semi-Ds (built-up from 4,663 sq ft) priced at RM1.6m were 75% sold.
• The 250-acre Setia City will see the completion of the 700,000 sq ft Setia City Mall in 1Q2012. Anchor tenants are Golden Screen Cinemas and Parkson. Setia City will also include SP Setia’s new HQ, a medical centre, colleges, office buildings, condominiums and possibly a hotel. Two commercial lots next to Setia City Mall have been sold to Khind Holdings and Top Glove.
• SP Setia is planning to build condos adjacent to Setia City Mall. It is looking at units measuring 800-1,000 sq ft, with an indicative price of RM500 psf (Crazy, this place also selling at RM500psf !). Also in the planning stages is a convention centre with a capacity of 150-200 tables.
The total GDV of the township is RM17bn – RM7bn BSA, RM3bn Setia Eco Park and RM7bn Setia City. Only RM3bn (RM2bn BSA and RM1bn Setia Eco Park) has been developed. It will take another 8-10 years to complete (Means still got room to grow??) and should remain the group’s main contributor for many more years.
• The 2,500-acre BSA (Setia Alam) township was launched in 2004. The price of linkhouses measuring 18x65 ft has appreciated from RM170k to RM280k while those measuring 20x70 have gone up from RM220k to RM380k. Shopoffices launched in 2004 at RM800k are now transacted at RM1.2m.
• The 50%-owned 791-acre Setia Eco Park, which is next to BSA, is 35% developed. Semi-Ds of 3,000 sq ft built-up are now transacting at RM1.3m compared to their 2006 launch price of RM720k. Slightly more than 1,000 homes have been developed. In a launch on 8 Aug, 74 semi-Ds priced from RM1.7m enjoyed a take-up rate of 60%. (Seem like High End property appreciate much faster than ...)
• BSA has been a hive of activity in recent weeks. On 31 Jul, 76 double-storey links priced at RM518k achieved 93% take-up while 64 semi-Ds (built-up from 3,005 sqft) priced at RM968k were fully sold. On Aug 7, 52 semi-Ds (built-up from 1,749 sqft) with price tags of RM450k were all taken up while 60 three-storey semi-Ds (built-up from 4,663 sq ft) priced at RM1.6m were 75% sold.
• The 250-acre Setia City will see the completion of the 700,000 sq ft Setia City Mall in 1Q2012. Anchor tenants are Golden Screen Cinemas and Parkson. Setia City will also include SP Setia’s new HQ, a medical centre, colleges, office buildings, condominiums and possibly a hotel. Two commercial lots next to Setia City Mall have been sold to Khind Holdings and Top Glove.
• SP Setia is planning to build condos adjacent to Setia City Mall. It is looking at units measuring 800-1,000 sq ft, with an indicative price of RM500 psf (Crazy, this place also selling at RM500psf !). Also in the planning stages is a convention centre with a capacity of 150-200 tables.
The total GDV of the township is RM17bn – RM7bn BSA, RM3bn Setia Eco Park and RM7bn Setia City. Only RM3bn (RM2bn BSA and RM1bn Setia Eco Park) has been developed. It will take another 8-10 years to complete (Means still got room to grow??) and should remain the group’s main contributor for many more years.
Monday, August 16, 2010
Al-Hidayah offers wide office spaces in Olive 108@Ampang
Another new launch at Ampang, very close to Mah Sing M-Suites project. Below are some highlights of the news:
The RM920 million-project will comprise two phases.
For the first phase, there are three condominium blocks, two of which are 20 storeys high while the third will be 10 storeys.A total of 242 condominium units will be housed in this phase, with sizes ranging from 1,970 sq ft to 2,454 sq ft and would be priced at an average of RM750 psf.
Meanwhile, the second phase would feature a serviced apartment block and a Grade-A office tower, each 20 storeys high and standing on a three-storey podium.In this phase, 210 units of serviced apartments have been planned, with sizes ranging from 750 sq ft to 1,500 sq ft, and would be priced at an average of RM900 psf.
For the first phase, there are three condominium blocks, two of which are 20 storeys high while the third will be 10 storeys.A total of 242 condominium units will be housed in this phase, with sizes ranging from 1,970 sq ft to 2,454 sq ft and would be priced at an average of RM750 psf.
Meanwhile, the second phase would feature a serviced apartment block and a Grade-A office tower, each 20 storeys high and standing on a three-storey podium.In this phase, 210 units of serviced apartments have been planned, with sizes ranging from 750 sq ft to 1,500 sq ft, and would be priced at an average of RM900 psf.
City&Country: Bluwater Estate offers resort-themed bungalows
City&Country: Bluwater Estate offers resort-themed bungalows
Bluwater Estate, a 247-acre green township development by Bluwater Development Bhd, is gradually taking shape in Seri Kembangan, Kuala Lumpur.
Other upcoming launches at Bluwater Estate include 108 units in the link-house precinct called Blu Constellations in 3Q this year. The semidee precinct, which has yet to be named, is scheduled to be launched early next year.
You may view the company official website here.
Bluwater Estate, a 247-acre green township development by Bluwater Development Bhd, is gradually taking shape in Seri Kembangan, Kuala Lumpur.
Other upcoming launches at Bluwater Estate include 108 units in the link-house precinct called Blu Constellations in 3Q this year. The semidee precinct, which has yet to be named, is scheduled to be launched early next year.
You may view the company official website here.
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