Malaysia Property Sector review by Credit Suisse

A worth reading review by Credit Suisse for your reading and something to ponder....

https://drive.google.com/open?id=0BwSI4oAL2gzwamhuSkpCRzNObUE


Happy weekend!

TTDI Segaris 

TTDI Segaris located in TTDI, Pinggiran Zaba, is a 27-storey high-rise Duplex Residences with a total of 185 units. This project is developed by Naza Group and Prasara Intergarted Development.

TTDI Segaris  is easily accessible not only via major highways but also through the use of public transportation. Some of the major highways which allow residents and tenants direct access to the site include the New Klang Valley Expressway (NKVE), the Lebuhraya Damansara-Puchong (LDP), the Sprint Highway and the Penchala Link.

TTDI Segaris 

Summary of TTDI Segaris  :

TTDI Segaris was open for sale since in June end.

Launch date : 30 June 2016

Location : Pinggiran Zaba, TTDI (to the north of the Petronas, BHP and Shell petrol stations)

TTDI Segaris 

TTDI Segaris 

Developer : Naza TTDI and Prasarana Integrated Development Sdn Bhd

Property Type : A 27-storey high-rise Duplex Residences

Tenure : Leasehold 99-year      

Land Area : 1.01 acres

Total Units : 185 units

Built-up :
Standard unit

• 915 & 926 sf – 32 units (17%)

Duplex unit

•  721sf          - 54 units (29%)
• 915sf          - 61 units (33%)  
• 1249sf        - 29 units (16%) 
• 1464sf        - 9 units   (5%)

Net Average Selling Rate : RM1000psf
                                                                                           
Sales status : 70% sold

Most of the standard units sold.

TTDI Segaris 

                                 
The unit is entitled for 10% discount, free legal fees on SPA and loan documentation. All units are partially furnished with kitchen cabinets, hood and hob, fridge, oven, washer & dryer and air-cons.

New Launch DIANTHUS SERVICED RESIDENCES @ Tropicana Gardens

DIANTHUS @ Tropicana Gardens

Dianthus Serviced Residences @ Tropicana Gardens, is the final and most exclusive phase of Tropicana Gardens, Kota Damansara. Step out to MRT connectivity while surrounded by urban gardens and luxurious facilities. This project is developed by Tropicana Corporation Berhad.

DIANTHUS @ Tropicana Gardens

Tropicana Gardens has a gross development value (GDV) of RM1.8 billion and has been meticulously planned on a prime 17-acre land. The master plan consists of  a development mix of shopping mall, a hotel, residences and offices, nestled within its unique urban gardens.

Tropicana Gardens is easily accessible not only via major highways but also through the use of public transportation. Some of the major highways which allow residents and tenants direct access to the site include the New Klang Valley Expressway (NKVE), the Lebuhraya Damansara-Puchong (LDP), the Sprint Highway and the Penchala Link.

DIANTHUS @ Tropicana Gardens

Also, an elevated MRT station is directly linked to the development.

Summary of DIANTHUS @ Tropicana Gardens : 

DIANTHUS @ Tropicana Gardens was open for sale since 3 weeks ago.

Property Type : Service Apartments

Location : Persiaran Surian, Kota Damansara, Petaling Jaya, Selangor
Developer: Tropicana Indah Sdn Bhd (a subsidiary of Dijaya Corporation)
Land Area: 17 acres for whole development
Tenure : Leasehold
No. of Units : 270 units
Previous launches

• Amica : 336 units
• Bayberry : 413 units
• Cyperus : 406 units

Built-up area :
1+1 rooms : 601 - 604sf
2 rooms : 981 - 986sf
3 + 1 rooms : 1401 - 1406sf

Average selling price : RM1100psf

Promotion packages : 8% + 8% + 5% discounts, furnished with air-cons, water heater, free legal fee on SPA

Sale status : 25%

Kepong United Point BY UOA

Kepong United Point

Located in Kepong, Kepong United Point is a Freehold Serviced Suite developed by UOA. It is strategically located at only 20 minutes away from the city centre of Kuala Lumpur, while other areas of importance such as Mont Kiara and Bangsar are also approximately 10 minutes away only.

Kepong United Point is a 45-storey serviced suite with a total of 887 units. Sizes of these units range between 829sf and 1206sf with minimum 2+1 bedrooms and 2 bathrooms, at reasonable prices.

Kepong United Point

Project summary :

• Location : Kepong
• Completion : 2020 (estimate)
• Type : Serviced Suites
• Tenure : Freehold
• No. of Blocks : 3
• No. of Storey : 45
• Land Area : 9.33 acres
• Build-up : From 829sf – 1206sf
• Indicative Price : RM550psf onwards
• what you need to pay? 
• Booking : RM5,000 only

Facilities provided in Kepoing United Point includes infinity pool, kids pool, gymnasium, jacuzzi, pool deck, picnic deck, BBQ deck,  rest lawn, play lawn, indoor playground, picnic deck, outdoor fitness station, multi-purpose hall and badminton courts. The residents are able to enjoy lifestyle facilities, such as the cinema, shopping mall just within Kepong United Point. 

Kepong United Point is strategically located on the main trunk road of Jalan Lang Emas with an easy connectivity to Jalan Kepong , DUKE Highway and also upcoming New DUKE 2 highway just right beside Kepong United Point that definitely ease the access within the city centre. Beside highways and main road access, Kepong United Point will have dedicated KTM Station that located in between existing Kepong and Segambut station. The KTM station is being within extremely close walking distance that just next to Kepong Residence itself.

With the selling point that DUKE 2 and KTM station nearby, Kepong United Point will be a good choice of investment. 

UPCOMING LAUNCH SETIA ECO TEMPLER 14 MAY 2016

Setia Eco Templer, S P Setia Bhd’s upcoming 194-acre township, is on track for its launch this weekend, 14 May 2016.

Setia Eco Templer

Setia Eco Templer, located on the former site of Perangsang Templer Golf Club in Templer Park, would have a gross development value (GDV) of RM2bil.

Setia Eco Templer will feature linked villas, semi-detached homes, bungalows and affordable apartments, with a grand clubhouse to service residents’ leisure needs. Setia Eco Templer will be surrounded by gazetted forest reserves – Templer Rainforest Reserve and Kanching Rainforest Reserve.

Setia Eco Templer

There will be a total of 1,800 residential units, of which, 900 units will be affordable homes ranging from RM42,000 to RM250,000.

In future, there will be a new interchange connecting Setia Eco Templer directly to Jalan Ipoh.

Setia Eco Templer

Property Details :

• Location, : Selayang / Rawang
• Property Type : Landed properties ie. semi-d, bungalow and affortable homes
• Land Tenure : Leasehold
• Total units : 234 of 2-storey linked villas, semi-d and bungalows
• Built-up area :
• linked villas : 2394sf (22'x80'), 2600sf (24'x80'), 2965sf (26'x85')
• Semi-d : 3482sf (41'x95'), 3456sf (41'x95') 
• bungalow 4,214sf (75'x85')

• Indicative price : 
• linked villas : RM850k  
• Semi-d : RM1.6mil 
• Bungalow: RM2.6mil 
• Developer : JV SP Setia and Perangsang Templer
• Website : http://www.setiaecotempler.com.my/

Upcoming Launch Sunway Mont Residence May 2016

Sunway Mont Residence

Located at the central to the international address of Mont' Kiara, Sunway Mont Residence is nestled in a quiet neighbourhood. Sunway Mont Residence is the new residential condominium in Mont’ Kiara which set to launch end of May 2016.  

Sunway Mont Residence

Property details : 

Location, Mont Kiara, KL

Property Type : Condo

Sunway Mont Residence

Land Tenure : Freehold

Built-up area : 1122sf - 1906sf

Room types : 2+1 to 4+ 1 bedrooms, dual key concept with 4 bedrooms

Indicative price : RM880,000 onwards

Developer : Sunway

Website : http://www.sunwaymont.com/

Facilities provided : 

• 50m lap pool
• Wading Pool
• Sunken Lounge
• Reflective pond
• Feature Pavilion
• Play Garden
• BBQ 
• Lounge

Having a modern & rustic Architecture, with a wealth of materials creating a truly inspirational living space, the units are having unobstructed views from bedroom, High Ceiling, Living & Dining areas open directly to balcony, Dual-key layout and North-South Orientation. This Sunway Mont Residences is also aimed to  bring “human”, closer to “nature”, in a sophisticated urban environment.

Accessibility : 

Sunway Mont Residence

Sunway Mont Residence is easily accessible via major highways :-

• Lebuhraya Sprint (Sprint Highway)
• Penchala Link
• Duta-Ulu Kelang Expressway (DUKE)
• Lebuhraya Utara Selatan (North South Highway)

Upcoming launch Cantara Residences @ Ara Damansara 16 April 2016

Upcoming launch by Sime Darby : Cantara Residences @ Ara Damansara

Cantara Residences consisting of 4 blocks of 26-storey serviced residences will be launched on 16 April 2016.

Cantara Residences is describing about bridge. It consists of loft and duplex units which will be hanging in mid-air. There will be a bridge-like structure connecting the 4 towers, which is the distinct feature of this development which elaborate Cantara in "Arabic" .

Project Details :

Built-up area :

• 646 sqft 1 bedroom +1 study room

• 850 sqft 2 bedrooms +1 study room

• 1066 sqft 3 bedrooms

• 1184 sqft 3 bedrooms +1 study room

• 1463 sqft (duplex) 3 bedrooms

• 2145 sqft 3+1 bedroom + 1 study room

Total Units : 888

Indicative average selling price : RM 850psf

Promotion Packages : 

• Booking fee is RM10,000

• 2% VIP fast track + 2% early signing + 1% early bird rebate

Location :

• Directly opposite Pusat Dagangan NZX, Ara Damansara
• 4 major highways that provide access points from outside into Ara Damansara, which are the the New Pantai Expressway (NPE), New Klang Valley Expressway (NKVE), Lebuhraya-Damansara Puchong (LDP) and Federal Highway.
• There are a few new malls opened in 2015. Evolve Mall which has just opened doors in November 2015 provides residents with fashion outlets such as H&M, eateries shops and Jaya Grocer. 
• Citta Mall is also a stone’s throw away. There is also a Harvey Norman and Ace Hardware in the building if you are looking for one. One convenience that Citta Mall provides for nearby dwellers is MBO Cinemas. Apart from that, it also has a few child care centres and a gymnasium.

Upcoming launch 23 April 2016 : Sunway Geo Residence 3

Upcoming launch : Sunway Geo Residence 3

Sunway Geo Residence phase 3, located at Sunway South Quay is targeted to launch this year.

Sunway Geo Residence phase 3 consists of 1 block of condominium with the sizes of 988 - 1772sf is planned to launch on 23 April 2016. There is approximately 200 units in the project.

Located in the same location with Sunway Geo Residence phases 1 & 2, Sunway Geo Residences 3 is directly linked to Sunway Geo Retail, which is located a mere 200 meters away. A link bridge provides residents with direct access to the bustling hub of 200 retail shops and 600 offices, which is due to complete in 2017.

Check out their website at http://www.sunwayproperty.com/malaysia-properties/malaysia-property-detail/sunway-geo-residences-3/id/7172d8f0-572b-688c-a7be-ff000068ef51/type/0

Stay tuned for the rest of the info.....

Lumi Tropicana was launched in August 2015

Lumi Tropicana is the first development in the Lumi Collection. It is an urban cocoon of modern-day living right in the heart of Petaling Jaya. Lumi Tropicana is truly a place where lifestyle, leisure and business come together to form a community that is shaped by its residents.

Lumi Tropina consists of 4 blocks of 35-storey serviced apartments. There are 744 stylish residences in two to three bedroom configurations, housed in four themed towers featuring hotel-styled concierge and housekeeping services, 62 SoHo units for those who desire a ‘work, live, play’ environment and a dynamic retail podium featuring cafes, a supermarket, and other leisure amenities.

Project details : 

• Land Area: 6.42 acres
• Land Title: Commercial
•  Tenure: Leasehold
• Developer : Triven Global (Mulpha Land)
• Location : Persiaran Tropicana, Petaling Jaya, Tropicana Damansara (Opposite the Tropicana Golf & Country Resort arch entrance, next to Menara Persoft / Menara Lien Hoe / Bangunan 3M / Damansara Fairway 3)

• Tenure : Leasehold 99-year
• Sizes : 


• 862 - 979sf 2 bedroom
• 1009 - 1159 2+1 bedroom
• 1509 -2218 3+1 bedroom
• Average Selling price : 1000psf
• Service Charge : RM0.33psf inclusive sinking fund
• Promotion package : 

• Rebates @ 10%  
• Partially furnished with kitchen cabinet, hood & hob, wardrobe, air-conds & water heater
• Free legal fee on SPA and loan document 
• Free stamp duty on SPA and loan document
• Unit size <1,000sf comes with 1 car park; unit size >1,000sf comes with 2 car parks
• Sales status : 
• Tower 1 is fully sold, left with bumi units
• Tower 2 50% sold

According to the SA, SOHOS were open for sale now at size ranging from 450 to 750sf with the indicative pricing of 750psf.
Check out their web site at http://thriven.com.my/lumi-collections/lumi-tropicana/