IRDK Residences @Puchong, All Seasons Park, Grand Medini

IRDK Residence Puchong

Image source: www.irdklandgroup.com

IRDK Residences @Puchong is a RM693 million project by IRDK Land in Puchong, occupying a rather central piece of leasehold land in Pusat Bandar Puchong opposite Tesco across the LDP and right beside SetiaWalk. A leasehold project, IRDK Residences sits on more than 5.7 acres of land and will be completed in mid 2018.

This project is divided into two phases – the first phase consists of pool villas (28 units) while the second will comprise of sky villas (218 units). The pool villas are priced between RM3.5 million to RM5 million with built-up areas ranging between 5,711 and 6,017 sq ft (corresponding to between RM620 and RM830 PSF). On the other hand, the sky villas have built-up areas from 1,528 sq ft to 4,241 sq ft with prices from RM993,000 to RM2.5 million (or RM590 to RM650 PSF).

The sky villas are designed with a “dual key” feature which enables the unit to be split into two separate apartments with their own entrances. This is suitable for multi-generational families and also for renting out purposes. Pretty nifty. Rental yield is reportedly to be in the 4-6% range.

What We Think: We are thoroughly familiar with the place (our office is at SetiaWalk just across the road).  Its location in central Puchong is pretty hard to beat. As one would expect, this is a super busy area next to the (worn out) shop houses of Pusat Bandar Puchong and the fire station. Also, the main artery of Persiaran Wawasan now chokes with traffic during peak hours which may be seen to be problematic by some. Prices on a PSF basis seem to be fair (especially when benchmarked against new central Puchong properties like Puteri Hills in Bandar Puteri, but as the sizes are relatively big, and as such, IRDK Residences is decidedly upmarket by Puchong standards going by its total price alone. Worth a look.

All Seasons Park

All Seasons Place, Penang

Source: facebook.com/allseasonsplacepg/

All Seasons Park is a condominium project around the popular All Seasons Place mall in Bandar Baru Air Itam, Penang. Developed by Belleview (Belle Residence, Bukit Dumbar Residences, Miami Bay Batu Ferringhi), this development consists of 808 units of condominiums and is valued at RM700 million.

Sales have been reportedly brisk with 95% of the units already been taken up so far. There are some standard units still available as well as eight penthouses.

Priced from RM1.1 million to RM1.6 million, the penthouses have built-up areas between 1,602 sq ft and 2,333 sq ft (corresponding to around RM690 PSF) while the regular units are priced between RM650,000 and RM800,000 with sizes between 856 sq ft and 1,323 sq ft (between RM600 and RM760 PSF).

The condominiums surroundings remain a strong selling point since tenants get unblocked views of the iconic Kek Lok Si temple as well as the Penang Hill. Additionally, there are ample facilities which include an Olympic size pool, playgrounds, meditation lawns, a viewing deck as well as a lawn for meditation.

What We Think: Prices of the regular units have reportedly appreciated by more than 200% since its launch, but there’s of course no guarantee that the price will continue along this trajectory. The All Seasons Place mall is an attractive proposition, and as with the integrated development trend in the Klang Valley, we are also seeing a growing preference among Penangites for properties where everything can be found under one roof. Prices are understandably a little steep compared to run-off-the-mill Penang condos, but mixed use projects regularly command a +10-15% premium over comparable (plain vanilla) properties.

Grand Medini Lifestyle Residence

Source: www.grandmedini.my

Grand Medini

The Grand Medini (or its full moniker, Grand Medini Lifestyle Residence) is set to be unveiled to the world on September 20th. Valued at some RM400 million in terms of Gross Development Value (GDV), this serviced residence project will comprise of three blocks built on 3.23 acres of leasehold land in Medini Iskandar Zone A (also known as the “Lifestyle Zone” where the Legoland is also located).

The three towers will house some 672 units of condominiums with built-up sizes ranging between 474 sq ft to 1,119 sq ft. Prices are between RM368,888 and RM1.27 million, which corresponds to RM780 – RM1,100 PSF.

Facilities are housed on the 9th floor and include swimming pools, common halls as well as a viewing deck. There are eight levels of car parks available as well as basement parking. Additionally, the Grand Medini is designed to comply to Singapore’s Green Mark certification requirements.

This project is expected to be completed by 2018.

What We Think: The property market in Iskandar has been cooling down, especially in the high rise residential apartments sector where buyer demand has been lackluster. However, at the time of writing, there are no residential properties which have yet to be completed in the Medini area, which means that Grand Medini is perhaps fulfilling an unmet need among buyers in this area. It’s also worth noting that buyers (of Medini properties) are exempted from RPGT until 2020, and there are no quotas as well as discounts for Bumiputera.

Kayangan Heights, Good View @Sg Long, KL Gateway

Kayangan HeightsSource: facebook.com/kayanganheights

An upmarket project by Amcorp Properties (known primarily as the developer of Amcorp Mall as well as a slew of projects in London), Kayangan Heights is a bungalow development in Shah Alam (next to Sunway Kayangan, and just off the Guthrie Corridor). A leasehold project centred around the “green luxury” concept, Kayangan Heights offer three choices of bungalow configurations named Teratai Villas, Kenanga Woods and Begonia Crescent; only the latter two are still available during the time of this review.

These bungalows are sized from 4,000 sq ft upwards, and come with six bedrooms and six bathrooms each. Also, these homes have been completed (Kayangan Heights is a Build-Then-Sell or BTS project). Facilities include playgrounds, a gym, tennis courts as well as a clubhouse. Kayangan Heights is a gated and guarded development.

Nearby commercial areas include the D’Pangkin Commercial Centre, First Jelutong as well as USJ and Glenmarie townships. Accessibility to Kayangan Heights is made easy with the Guthrie Corridor.

WHAT WE THINK: Kayangan Heights is easily one of the “greenest” developments in the Klang Valley, and if you want to live near nature (and you’ve got the dough) then this project can be a good bet. Also, since the bungalows are already built, you’ll pretty much get what you see. Recommended for those looking to buy for own stay; “green bungalow in a fringe-y location” may be too niche to qualify as a mainstream property investment option.

Good View @Sungai Long

Good View @Sungai Long is a Build-Then-Sell (BTS) project in Sungai Long, Kajang by Sejati Avenue. The developer has got linkages with SHL Consolidated, which is notable as the developer of Palm Walk, Suria and Capa Residency, all of which are also in Sungai Long.

Good View Sungai LongGood View is a gated and guarded community on nearly 26 acres of freehold land which is being developed in three phases. The first phase comprises of some 66 double storey terrace homes (1,158 sq ft) priced from RM318,000 onwards as well as 50 double storey townhouses (1,270 sq ft for the ground floor, 931 sq ft for the first floor) with prices from RM578,800. The second phase comprises of 2.5 storey terrace houses (48 of these, measuring 3,360 sq ft each) and double storey semi-detached homes (27 units, 2,670 sq ft). Both phases have been fully sold.

The third phase is currently in development and is expected to be completed in 2015. In this phase, there will be 60 units of double storey semi-detached homes (2,670 sq ft), 16 units of 2.5 storey semi-detached homes (3,600 sq ft) and 12 units of double storey terrace homes (3,360 sq ft). Prices are to be announced later.

WHAT WE THINK: Being a BTS project, we want Good View to be successful so that more developers follow suit. 🙂 Sungai Long may not be everyone’s cup of tea, but freehold landed properties remain the creme de la creme as far as Malaysia property is concerned no matter where they are located. Some may want to note that Good View is priced at a (relative) premium when compared to its surrounding apartments and town houses, but this is only to be expected as the Sungai Long township is decidedly blue collar.

KL Gateway

KL Gateway

Source: klgateway.com.my

The KL Gateway project is an integrated development on more than five acres of land located adjacent to the Universiti LRT station (facing the Federal Highway). Comprising of residences, a shopping mall and corporate offices, this project is its developer’s Suez Capital’s most high profile project to date.

KL GatewayThere are four blocks of residential towers (aptly named Residences 1, Residences 2, Premium Residences 1, Premium Residences 2). During the time of this review, the “regular” Residences units have been completely sold. The Premium Residences blocks house some 446 units with sizes ranging from 1,143-1,204 sq ft (2+1 bedrooms) and 1,346-1449 sq ft (3+1 bedrooms). Each unit comes fully furnished with electrical appliances (air conditioners, washers, dryers, water heaters) as well as kitchen cabinets and wardrobes.

The KL Gateway Mall features a gross floor area of some 500,000 sq ft, which is sufficiently sizable for a mixed project (in comparison, the nearby MidValley’s gross floor area is about 4.5 million sq ft, which is a whopping 9x the size of the KL Gateway Mall). This project is expected to be completed in 2017/8.

WHAT WE THINK: Longtime readers of GoodPlace will know that we are suckers for well-planned mixed use developments. 🙂 Occupying a premium tract of land inside the triangulation of KL, PJ and Bangsar, it is highly accessible via the highways as well as by LRT. Prices for Premium Residences are said to be RM1,300,000 onwards; one can expect its price PSF to be just slightly above of that of the nearby Bangsar South and MidValley city (Northpoint). On the minus side – watch out for the possible oversupply in the Kerichi / MidValley area, as well as SP Setia’s upcoming KL Eco City.

6 Sierra, D’Summit Residences, Suria Residence

6 Sierra IOI Properties

Image source: facebook.com/16sierra

IOI Properties has recently launched Sierra 6 inside the 16 Sierra township in the south of Puchong. A leasehold development, Sierra 6 consists of 113 three-storey link homes with built-up area of some 3,526 sq ft (a spacious 27ft x 73ft in lot size). Prices are RM1.5 million upwards.

According to the project plan, Sierra 6 is situated next to the central park which might give it a locational advantage over the other phases. (Notably, Sierra 1 faces the SKVE highway).

Sierra 6 is part of the 16 Sierra township, named after the 16 themed gardens and a host of facilities which include a clubhouse with sports amenities and swimming pools. Additionally, there are private schools in the vicinity (notably the Rafflesia International School) as well as the planned commercial project dubbed the “Sierra Zentro“.

What We Think: We like the gated, guarded and self-contained neighbourhood, although the price (RM400+ PSF) may be a little steep when benchmarked against the nearby areas. Additionally, most units are in the north-south orientation which is a plus.

D'Summit Residences

Source: ioiproperties.com.my

D’Summit Residences

D‘Summit Residences is a project by IOI Properties located inside Kempas Utama, a 260-acre freehold township in the Kempas-Tebrau corridor in the Iskandar region. Consisting of four towers (with monikers Celena, Phoenix, Orion and Aries), this residential development occupies nearly ten acres of land.

These condominium units are priced from about RM280,000 per unit with built-up areas between 527 sq ft and 1,244 sq ft. There are seven different designs to choose from, with single, double, triple and 3+1 bedroom configurations in the offering. Units are in “ready to move in” condition and come fully furnished with furniture, wardrobe as well as air conditioner units and other electrical appliances.

Kempas Utama is an upscale integrated development consists of a collection of double storey villas and residences as well as serviced apartments. It is accessible via the North-South Expressway as well as the Eastern Dispersal Link and the Pasir Gudang Highway.

What We Think: We are currently adapting a “wait and see” stand on Iskandar given the warning signs of oversupply in the area. However, post correction, IOI should be able to hold its own even in the onslaught of the big spending developers from China.

Sunsuria

Source: facebook.com/sunsuria.jelutong

Suria Residence

Suria Residence is a condominium project by Sunsuria Development (notable for The Core and Sunsuria Avenue in Kota Damansara) located in Bukit Jelutong. A freehold development occupying more than 3.5 acres of land, Suria Residence offers some 545 units of serviced residences with built-up areas ranging from 600 sq ft to 1,200 sq ft.

Prices start at RM428,000 which correspond to about RM700 PSF. Each unit comes with two parking bays.

Facilities include two dedicated levels (5th and 6th floor) which houses swimming pools, a gym as well as a sports hall. Additionally, there is also a landscaped garden complete with garden hammocks. Suria Residence is expected to be completed by 2018.

What We Think: Bukit Jelutong is filled with bungalows and duplexes; Suria Residence’s premium prices reflect the “spillover” prestige from sharing the same neighbourhood with the upscale properties. The freehold status and good connectivity is a bonus.

Riverville Residences, Lakeville Residence, Skyz Residence

Riverville Residence

Image source: riverville.com.my

Riverville Residences

Launched in July, Riverville Residences is a freehold condominium project located in the Old Klang Road area by Alzac Viva. The condominium comprises of two blocks housing some 473 units with built-up areas ranging from 1,116 sq ft to 1,400 sq ft. Prices range from RM538,800 to RM988,800, corresponding to about RM520 PSF.

Every unit is a corner unit which means that the layouts are comparatively spacious. Amenities include swimming pools, sports facilities, jogging tracks as well as a viewing deck situated on the roof.

Take up rates have been reportedly healthy; about 70% of the units have been reportedly sold to date. The second phase of Riverville Residences (valued at RM300 million) is set to kick off in 2016. The first phase is set to be completed by the end of 2017.

Riverville Residences are located about 1km to the Old Klang Road and 2km to the New Pantai Expressway.

Lakeville Residence Mah Sing

Image source: http://southbay.com.my

Located on Jalan Ipoh (in front of Taman Wahyu), Mah Sing’s Lakeville Residence boasts of “38 views” of a lake, dubbed the “tranquil view”, “invigorating view” and a host of others. Valued at more than RM1.1 billion, the development occupies more than 12 acres of leasehold land, out of which more than three acres are reserved for landscaping.

Lakeview Residence comprises of six towers, out of which two are launched in the first phase. In total, there will be about 1,898 units once the project is completed in the next three years. The units have built-up sizes measuring from 950 ft and above. Additionally, there are also retail shop lots of two to three storeys each.

Prices are reportedly from RM668,000 onwards.

Skyz Residence IOI

Image source: theskyz.com.my

Skyz Residence

IOI Properties’ Skyz Residence is a freehold property situated in Bandar Puchong Jaya, Puchong. Valued at RM750 million in Gross Development Value (GDV), this residential condominium is priced at around the RM650 PSF point with minimum price at RM750,800 per unit. This condominium is touted to occupy the highest spot in Bandar Puchong Jaya at approximately 200 metres above the sea level (hence the “move up to the sky” tagline).

There are a total of 1,039 residential condominiums in the offering, with built-up areas ranging from 1,162 sq ft to 1,657 sq ft. Each unit boasts of high ceiling and large windows to allow unobstructed view of the skyline as well as to provide the maximum amount of natural lighting.

Facilities include an Olympic sized swimming pool, basketball and tennis courts, a gym as well as jogging and reflexology tracks. The amenities are “environmentally friendly” with vast green spaces, themed gardens and landscaping.

Skyz Residence is expected to be completed by 2018.

Evo Soho Suites, The Jewel @i-City, Sunway Geo Residences 2

Evo Soho Suites

Source: www.evosoho.com

A project developed jointly by PKNS and Andaman Property (Scott Tower @Larkin, Taipan City @Ipoh, Diamon Residence @Serdang), the Evo Soho Suites is a leasehold project in Bandar Baru Bangi.

This RM220 million development consists of Soho units, retail shops, office lots as well as a shopping mall (the Evo Shopping Centre). The 704 Soho suites are housed in two blocks and are sized from 454 sq ft (intermediate units) up to 1,352 sq ft (duplex units). Prices are from RM240,000 which translates to between RM490 sq ft to RM590 sq ft. Units come fully furnished.

Evo Soho Suites come fully furnished with kitchen cabinets, office furniture as well as electrical appliances. The Soho units are set to be completed in the middle of 2016.

i-city Shah Alam

Source: www.i-city.my

The Jewel @i-City

The Jewel@i-City, a new mixed development inside the mammoth RM9 billion i-City township in Shah Alam set to be launched in 2016. Occupying some ten acres of land, the Jewel @i-City features “bite-sized” condominium units (sized between 600 sq ft to 900 sq ft) housed in six blocks as well as an office tower, retail outlets as well as a hotel.

Prices of the condominium units are high – nearing RM1,500 PSF (which is incidentally the median prices of KLCC condominiums in the sub sale market currently). Comparatively, prices of other residential developments in the i-City cluster (notably i-Suite and i-Soho) range between RM600 PSF and RM900 PSF.

Sunway Geo Residences

Source: sunwayproperty.com

Sunway Geo Residences 2

Sunway Bhd has launched the Sunway Geo Residences 2 to excellent fanfare with 80% take up rate during the launch. Contained within the 23-acre Sunway Geo integrated development inside the Sunway Resort City, Geo Residences 2 have got 318 condominium units housed in a 36 storey block.

Sizes range from 654 sq ft to 1,055 sq ft, and on average, prices are around the RM1,000 PSF point. The first phase was priced around the RM800 PSF level.

The Sunway Geo Retail is part of the Geo mixed development and will comprise of some 600 office suites as well as 200 retail shops. Construction of Sunway Geo Residences 2 is expected to be completed by 2018.

Coastal @Southbay City, Grand i-Residence, Villa Crystal @South Desa Park

Southbay Plaza Mah Sing

Source: www.mahsing.com.my

Mah Sing’s “The Coastal @Southbay City” has been launched at the Star’s property fair in Penang. Located next to the second Penang bridge in Batu Maung, this mixed development has residential, retail and office components.

The residential block comprises of 100 residential units as well as some twelve shop lots. The office block, on the other hand, houses some 166 suites.

Mah Sing’s previous project in the same vicinity, Residence @Southbay City is reportedly sold out. Southbay City is a freehold project.

Grand i-Residence, KLCC

Grand I-Residence, KLCCGrand i-Residence is i-Bhd’s maiden project in the KLCC enclave, located on Jalan Kia Peng (the same stretch of the road as the upcoming RuMa). Its pricing at around the RM2,300 PSF point puts its squarely in the segment of branded residences (with prices up to RM3,000 PSF a la Four Seasons).

There are a total of 450 units in the offering with sizes around 718 sq ft to 988 sq ft (1+1 bedroom layouts); units come fully furnished. The entire project occupies more than one acre of premium freehold land in the heart of KLCC.

Construction is scheduled to start this year, and completion is scheduled for 2019. Also interestingly, an E&O project is also taking place on the same stretch of the road (two blocks of serviced residences priced at RM2,000 – RM2,500 PSF).

For a frequently updated tracker of new and planned projects in the Kuala Lumpur city, click here.

Villa Crystal, Segambut

Source: orando.com.my

Villa Crystal @South Desa Park

The Villa Crystal is a condominium development in Taman Sri Sinar, Segambut by Orando Holdings (Taman Yarl @Old Klang Road, Vistaria Residensi @Cheras, Sri Angkasa @Jalan Puchong). To be completed in the middle of 2017, Villa Crystal comprises of two 38-storey blocks housing some 414 condominium units. Sizes are between 1,155 sq ft to 1,614 sq ft. Pricing information unavailable during the time of the review.

There are eight layouts to choose from, and all of the designs feature high ceilings. Additionally, there are also multi-purpose areas, jogging tracks as well as a three-tier security system.

Prominence, The Clovers, Quaywest Residences

Prominence Bukit Mertajam

Source: bionicorp.com.my

The Prominence is a condominium in Bukit Mertajam built by Bionic Development, a subsidiary of the listed Metech Group. This development occupies nearly seven acres of space and comprises of two blocks of 24 storeys (housing some 412 units), 24 shoplots and 19 retail outlets.

Bionic DevelopmentDubbed as one of the most upmarket condominium projects in Bukit Mertajam, prices start from RM380,000 onwards. Built-up sizes are between 1,100 sq ft to 1,500 sq ft. A distinguishing feature of the condominium is a sky bridge which houses a reading patio, a yoga area, indoor gyms as well as some F&B outlets. Additionally, there will also be a swimming poool, jacuzzi, badminton and basketball courts as well as BBQ pits.

Prominence is Bionic Development’s first project in Malaysia, having honed its chops in Taiwan previously.

Clovers Sungai Ara

Source: the-clovers.com

The Clovers (Sungai Ara)

Scheduled to be completed by 2017, The Clovers is a condominium project by Asia Green Development (Asia Hills, Mandarin Quarter, Hilltop Villas) located in Sungai Ara, Penang. This freehold property consists of four 42-storey blocks housing some 892 units of condominiums (inclusive of 24 penthouses).

CloversPriced at RM450 PSF and above, the standard units are sized between 776 sq ft to 1,633 sq ft. The penthouses, on the other hand, are up to 2,907 sq ft in size. Each of the units have got pool, mountain or sea views.

Its amenities include a gym, childrens’ play area, BBQ pits, entertainment rooms as well as three swimming pools and a jacuzzi.

Quaywest Residence

Source: facebook.com/AsiaGreenGroup

Quaywest Residence

Also by Asia Green Development, Quaywest Residence is a waterfront property located near Queensbay Mall on Persiaran Bayan Indah. This property consists of two blocks of 24 storeys each and priced around the RM700+ PSF point. Sizes are between 1,246 sq ft and 1,892 sq ft.

These are duplex units which feature the “dual keys” concept where there are essentially two units in one. This innovative concept has recently caught on by property enthusiasts in the Klang Valley; Quaywest Residence seems to be one of the pioneering properties with this concept in Penang.

Quaywest Residence is set to be completed by mid 2017.

One City, De Centrum Unipark, Horizon Residences

One City USJ

One City has received lots of media attention over the past week. An integrated project by MCT Consortium (Lakefront @Cyberjaya, Cyber South, USJ Avenue), this RM3.6 bil project comprises of retail outlets, office suites as well as a three star hotel, the “eCity“.

Located in Section 25, USJ, this 77-acre project also boasts of a spanking new 50,000 sq ft gym operated by e-Fitness as well as a cinema. Also in the pipeline is a boutique mall named “The Place” which will also feature child daycare centres and edutainment outlets.

One City is just a stone’s throw away from Main Place which has been relaunched in spectacular fashion after being abandoned for a good number of years.

De Centrum Residences

Source: www.decentrum.com

De Centrum Unipark

Protasco Bhd’s De Centrum Unipark is a freehold development in Kajang which was first launched in June 2013. Situated at stone’s throw away from Infrastructure University of Kuala Lumpur (IUKL), De Centrum seems to be designed to appeal to investors who are eyeing the student rental market (which can be lucrative for the savvy investor). Take up rates are reportedly in the 50% region at the time of writing.

De Centrum LogoThe De Centrum Unipark’s 320 condominiums are housed in two blocks of 20 storeys each with built-up sizes ranging from 1,297 sq ft to 2,594 sq ft respectively. Out of these 320 units, 240 are standard units with four bedrooms while the rest are duplexes with eight bedrooms. Prices are RM575,400 and RM1,064,950 for the standard and duplex units respectively. Each standard unit comes with one parking bay while the duplexes come with two.

Expected to be completed in the end of 2016, the condominium is part of the 100-acre De Centrum City in Kajang. The entire development includes offices, retail, a hotel as well as sporting facilities.

Originally known as an infrastructure engineering company, De Centrum is Protasco’s maiden property project.

Horizon Residences Tun Razak

Source: hapsengland.com

Horizon Residences

Hap Seng Land has had its topping out ceremony for Horizon Residences during the week, marking a significant milestone in its development. This RM400+ million project is a serviced residence project located right across Bintang Goldhill and 231 TR on Jalan Tun Razak.

Horizon Residences comprise of two blocks of 26 storeys which house some 335 units of serviced residences. Built-up areas range from 549 sq ft (studios priced at RM600,000) up to 4,316 sq ft (penthouses priced at RM2 million). On average, prices are at around the RM1,400 PSF mark. Each unit comes fully furnished with electrical appliances, kitchen cabinets, built-in wardrobes and other accessories.The take-up rates have been reportedly healthy at 95% with a good mix of local and foreign buyers.

Other well-known Hap Seng Land projects include Nadi Bangsar and D’Alpinia in the south of Puchong.

Read a comprehensive review of the Horizon Residences (with walkability scores) at our sister site KLCCcondominiums.com.my here.

EcoMajestic, Princess Cove, Opus Medini

EcoMajestic

Source: www.ecoworld.my

Eco World has launched EcoMajestic, one of its flagship developments in the Klang Valley, located on a sprawling land of more than 1,000 acres in Semenyih. The first phase of the project involves some 612 units of terraced houses with prices from RM586,000 and upwards.

EcoWorld10% of the land is set aside for landscaping which are designed around the “eco” theme. Additionally, 150 acres of land is reserved for the development of a commercial area which is expected to draw traffic from Semenyih, Kajang and Bangi towns.

There has been a flurry of activities in the Eco World front since early in the year with the launch of EcoSpring and EcoSummer down south in Tebrau, Johor. Other projects in the pipeline include EcoMeadows (Penang) and EcoSanctuary (which curiously shares the same name of a condominium project in Singapore helmed by SP Setia).

EcoMajestic is Eco World’s first township in the Klang Valley, and is valued at more than RM11 billion.

Princess Cove

Source: princess-cove.com

Princess Cove

Chinese developer R&F Properties has been blanketing the mass media with a flurry of print ads for the past week, putting the spotlight on its maiden Iskandar project, the Princess Cove. This comes hot in the tails of a rather stormy episode in Johor property with lots of drama involving politicians, foreign developers, politicians, foreign property buyers, the royalty, and more politicians. 😉

R&F PropertiesR&F had bought the 116 acre land for RM4.5 billion last year in Tanjung Puteri, which worked out to be some RM890 PSF (which is comparable to prime land in the middle of Kuala Lumpur). Not too shabby.

The first phase of Princess Cove (set to launch in weeks) involves four blocks of apartments housing some 400 units. Price information is still unavailable when we wrote this review, but expect pricing parity with the recent launches in Nusajaya, Puteri Harbour and Medini around the RM650- RM1,000+ PSF point.

R&F Properties seem to have all its twenty fingers and toes in the real estate pie; according to Wikipedia, ‘it is engaged in integrating real estate design, development, engineering supervision, sales, property management and real estate intermediary’. Whoa.

Opus Medini

Kimlun has announced the plans to launch a two-phase project dubbed the Opus Medini in the Iskandar region in Johor around the end of 2014. This follows the launch of its maiden property, the Hyve in Cyberjaya.

Valued at RM420 million, Opus Medini consists of some 800 units of Soho units as well as retail shops spread over more than 33 acres of land. The project is freehold, and completion is expected by the end of 2017.

D’Sara Sentral, Shaftsbury Avenue Cyberjaya, Tropicana Gardens Phase 3

Dsara Sentral

Image source: dsara-sentral.com.my

D’Sara Sentral

Mah Sing has launched its flagship Sungai Buloh project, an integrated development with a gross development value (GDV) of some RM900 million dubbed the “D’Sara Sentral”. The project consists of three major components: D’Residenz Suites, D’Sovo Suites and D’Style Shops.

The D’Residenz Suites are serviced residences priced from RM548,000 with units with built-up areas at 809 square feet and up. D’Sovo Suites on the other hand are smaller units at 504 square feet and up; these are priced from RM380,000. Take-up rate is reportedly healthy with D’Sovo Suites in particular are already 60% sold at the time of writing.

D’Sara Sentral is located near the Kampung Baru Sungai Buloh MRT station, running on the MRT line which connects Sungai Buloh with central Kuala Lumpur come December 2016.

Shaftsbury Avenue, Cyberjaya

Source: shafsburyavenue.com.my

Shaftsbury Avenue

The Shaftsbury Avenue @Putrajaya consists of two blocks of serviced residences located in, Putrajaya’s Precinct One. A joint venture between Putrajaya Holdings and Ikhasas (mainly known for government projects like the SME building in Cyberjaya and the KL City Hall library in Taman Tun), this project is scheduled to be completed in 2018.

Prices for the residential units are RM500,000 and upwards. Each unit has got built-up areas ranging from 686 to 731 square feet, and comes with two bedrooms.

What makes this project rather special is its direct link to the Alamanda Shopping Centre. Additionally, it has got its own retail space which contains some 239 outlets spread over five levels. Facilities include a rooftop infinity pool, sky gardens, a large amenities deck as well as the provision of concierge services.

Tropicana Gardens

Source: tropicanagardens.com.my

Tropicana Gardens Phase 3

Tropicana Corp has announced plans to launch the third phase of its integrated development Tropicana Gardens in September this year. This phase will involve serviced apartments housed in two 42-storey blocks. Yet to be named, this phase follows the first two phases (Arnica Residence and Bayberry Residence). Prices are expected to be in the range of RM1,200 PSF.

Situated on a 6.9ha land on Persiaran Surian, Kota Damansara, Tropicana Gardens is a mixed development which contains residential blocks as well as SOHO units, offices, a hotel, a mall and a cinema. Boasting a gross development value (GDV) of some RM1.8 million, the development is highly accessible with a planned MRT station as well as an underground tunnel connecting to Sunway Nexis and Sunway Giza.