I came across a website the other day and found out that they are currently developing Residency@Park 51. Selling from RM193k till RM770k.

http://www.taipangroup.com.my/web/03_01.asp

The place is quite nice as it is located in PJ.

However there is not much history on this developers.

Appreciate if anyone out there heard of this developer and give some comments and feedback.

never heard of the developer.

the area is not 'quite nice' to stay in my oppinion. for rental, yes.. coz got many nearby factories.. but for own stay, i doubt it is a good choice.

Hello karmakid.. sorry probably i'm out of topic since i'm just drop by to inform that i work as loan officer cimb.. if you want to ask about loan feel free to email me at azlancimb@yahoo.com..

regarding this property you ask for.. which price range you seek and what type of property you are looking for.. which area are you looking for coz i have some friends work as house agent.. thank you..

this condo looks very interesting, but is the factories environment there added its value or otherwise?

went there last weekend, neary there are low-cost flats as well.

this one surrounded by some graveyard, no?

the location is not nice at all. please go to the site

I personally think it's not so bad either but I don't really like it because it's too high density. Price wise still reasonable. They even give 10% discount for early birds (about 2-3 months ago).

ANYBODY INTEREST TO BUY PLEASE GIVE ME A CALL - JT 019-333 1688, CURRENTLY BLOCK D ALMOST SOLD OUT! WAITING BLOCK A OPEN FOR SALE-

wow, just found this thread...

tomolo going to visit the place with colleague.

Better go check out the site, drive around the boundary of the development (chinese new village + factories), and identify the proposed main entrance of the condo (this is when I give up).

And when you look at the "artist impressions" - the pictures and models, ask the sales person to point out to you the reality - what are the things that are really surrounding the condo and how close are these houses and factories.

agreed.

my friend and i have the same feel.

Went to location. The developer promises quite a lot of things, among them:
- Building of a clubhouse
- Widening of access roads
- Charter buses to Seri Setia KTM
- Commercialisng the area


Please note the above may just be empty promises.

Block D scheduled completion only in 2011 December and you need to service the interest until complete construction.

The only real plus point to me is the easy access to federal highway (about 1-2km away).

One thing that really annoyed me was the sales agent. I tried contacting him several times and he did not bother to respond.
Further which I called him back and he said will get back to me but, he didn't. Very bad initial impression on the developer based on the quality of sales reps.
Empty promises again.

My gut senses tells me to avoid this developer.

This post has been edited by KeNNy: Jun 24 2009, 12:51 AM

HOMEWORK TIME!

WHO is the Developer : Andrew Teok. 23 years of property development background. His father was a developer too. He is a double degree holder (in civil engineering and architecture). previous projects completed 1,400 units high-rise residential properties and 100 units commercial properties in PJ. Other projects in Klang, Melaka, Negri Sembilan and Pahang.


budak_bagus : this condo looks very interesting, but is the factories environment there added its value or otherwise?

answer: first, its light industry factories, so no smoke or noise. its mostly warehouses. you are paying RM250 psf for a condo in PJ. go check out Amcorp Suites or PJ8 which is both nearby and along Federal Highway. RM524.74 per sq.ft !!! This is transacted price!

airline : went there last weekend, nearby there are low-cost flats as well.

answer: yes. The whole area land belongs to Taipan Group of Companies. PJ no more land to develop. Previously is the site is Chinese kampung area. Taipan build those low cost flats to relocated the squatters to one area.

agape_ian: I personally think it's not so bad either but I don't really like it because it's too high density. Price wise still reasonable. They even give 10% discount for early birds (about 2-3 months ago).

answer : errr...8 units per floor is not high density. its medium density. what u wan oh? 4 units a floor? 8 is the best already loh! how to build for u RM300k condo in PJ with less then 8 units per floor? other condos 10 or 12 units lehhh.

Kenny: - Building of a clubhouse <-- YES!! its in the S & P.... cannot be say got clubhouse then once finish, dun have..not logic right? if like that Taipan Group will close shop loh....

- Widening of access roads <--- yes, coz the land all belong to Taipan Group and its in the architect design and floor plan. Sunwaymas join venture with Taipan Group for the Boulevard project. Meaning, Sunwaymas won't let the problem of access road spoil their project. I think Sunwaymas don't need introduction right?
- Charter buses to Seri Setia KTM <--- dunno. maybe developer simply say coz things like bus service in 3 years, hard to say right?
- Commercialisng the area <--- again, its joint venture with Sunwaymas and they piling already... how to be empty promise?

-idiot salesperson. <--- hmm...noted. 1 bad apple spoil everything.

Any questions about this project, call me.

Andrew Lim 012 - 371 6220

wah.. andrew..
are u are somebody working for the developer?

Have the same feeling too...
Only saying all the positive selling points...

the clubhouse is not part of the common facilities in this development, hence the "low" monthly maintenance fee of the project.
the clubhouse is by membership and it is rumoured purchasers are offered special joining rates.

I was told by sales agent the maintainance includes access to common clubhouse facilities e.g. gym, swimming pool, tennis courts, etc.
Hrm, I though this is already a form of membership, or maybe I'm wrong here, or maybe I am distributed with the wrong info again!

not all facilities are common. only some.

ya actually i working for the developer..haha..but all the things i said is true la. coz ppl bash the project without doing any research.... if you want me to tell you the disadvantage of the project, i can tell u so many also.. every project got advantage and disadvantage... but if ppl simply spread false rumour about the project then i will try to explain loh.


about the clubhouse, purchasers will get free membership but it will be open to the public as well. the public can pay to get membership to the clubhouse. facilities include
Swimming Pool & Wading Pool.
Lush Landscape - Designer Garden.
Fully Equipped Gym with Panoramic View of PJ / KL / Subang.
Children's Playground & Equipments.
24 Hours Security : Guard & CCTV.
Open Multi Purpose Court. <---basketball court
Wi-Fi / Broadband-Ready.
Pergola with Sitting Area.
Business Centre.
Water Features Cascade.
Indoor Games Room.
Outdoor Gym Equipments.
Library / Reading Room.
Reflexology Path.
Concierge Service.
Pavilion with BBQ Decks.
Health Care Centre.
Pool Side Cafe.
Tai-Chi & Yoga Centre.
Modern Sauna & Steam Bath System.
Double Volume Fuction Atrium.
24 Hours Convenience Shop / Mini Market.
Laundrette.
Childcare Centre.
Food & Beverage Retail Outlets.
Lifestyle Retail Outlets & Beauty Saloon

So you assume those who have been to the site and seen all the "disadvantages" there as spreading false rumors? Well I don't see you done "Explaining" those rumors. you simply list out the "advantages" to cover up the "rumors" .

The list above is too good, and too many to be true. Well I understand you as a sales agent, you need to be be creative in "expanding" the goodness in the project you're promoting, but its merely just sales talk. Dont worry, its NOT WRONG to SIMPLY list them out

To give your the benefit of the doubt that ALL YOU LISTED above can be fulfiled by developers, the site will still be located next to factories and graveyards.

Why not try to explain what the developer plan to do to tackle the "disadvantages" rather than "promising" dozens of good stuff?

This post has been edited by alanyuppie: Jul 28 2009, 06:22 PM

Alan,
To be entirely fair, the price / sqf of Park51 is discounted and low because of the closer proximity to industrial area.
I guess you get what you pay for. I don't really have a contention with the price.

Wind Dragon,
Only thing I cannot understand is, what is true, and what is not true. Quite a few vague commitments which that sales agents have provided. Honesty and trust is a big thing in the property development especially since it's a large investments. This is not selling a microwave. Once the trust is lacking, it'll take a long time to re-gain. Talam is a good example.

I'll be fair this is entirely my impression and what I've experienced which is related to one sales agent. I'm sure many others had good views about the project. But it's good that you share this with your boss, so maybe there's more consistency / concrete terms in the sales. Maybe all units have sold out - in that case congratulations!

Agree
The value of public forums is for people to share information. The truth will always be the truth. Reality will always be reality.
The industrial areas will still be there. The chinese new village will still be there. The access road will still look like that (unless Taipan buys all the factories and tear them down - which I personally doubt would happen.)

I'm just a small investor who tries to do the most homework before pumping my hard earned money into a property.
Conclusion: do homework!

many investors put on a "would i stay there" kind of test to all their investments. nothing wrong here but then again, i doubt many would be staying in a sub 100K apartment.
would this put the property in question out of the rental market?
P51 represents the solution for mid-end dwelling in a matured PJ market. with KV population expecting to rise annually 5%, there is always a demand for mid-end dwelling, more so when it is near industrial area. just look at the no of (lack of) units in the Shah Alam Sek 27 area.

Sales ppl can twist and turn but they cannot tell lies...cannot be you buy a Honda car and then they deliver Kancil to you. Of course you will sue the whole company upside down. If i can simply tell lies, i will say this project is 100,000 sf condo with 20 bedrooms and 20 bathrooms and comes with free G5 airplane.....

There is a graveyard nearby. You won't be able to see it from the condo because its not facing the condo and the view of it is blocked by buildings but the graveyard is there. this is one of the disadvantages. i can't try to explain what the developer plan to do about it because they aren't going to do anything... they not gonna move the graveyard.

The factories is actually warehouses because the government ruling is you can't create pollution near housing area and there are housing area nearby. so no smoke or chemicals or heavy industry stuff. the industrial area is all individual title so i don't think they will move out anytime soon. this is also one of the disadvantages.

Actually there is nothing the developer can do already to tackle the disadvantage. thats why have to sell cheaper loh.

what u can do about the disadvantages is.....

leasehold - better plan how to sell property within 25 years or u will see the price start to drop.
graveyard - pray and hope your future buyer/tenant didn't realize this because they can't see it unless they really familiar with the area. ha ha. actually not many people care la. almost all my buyers tell me they heard got graveyard nearby and i brought them to the site to see it. say it lowers the population density loh.
industrial area - actually all properties also got disadvantages in their location la. if its not near to industrial area, its build on rubbish landfill area (seri petaling), build on mining area (lakefields sungai besi), facing sewage pond (pelangi utama in bandar utama) etc etc.

long story cut short. i believe future buyers and tenants will be willing to overlook the disadvantages simply because its the only condo there. currently the difference between the number of jobs and the number of accommodation in the that area is HUGE.

Any recent update for this?

They are still selling till today and not finish yet. I think basic unit now cost about 300k

keen in this property and went there last week.

360k(before 10%) + 15k(parking lot)

d/p 2k, with supporting documents.

pls advise, cos might be booking by this week.

tq.

Read previous posts, enough has been said on both the Pros and Cons...
(And the fact that this thread is so quiet should tell you something...)

hmm.. just called up SA, postponed next week..

i'll do more research this few day.

tq.

---

Added on January 27, 2010, 12:41 pmHi there, went there for observation and some research via online.

Opposite of the sales office, there is a shoplot under sunway is under-construction.

Also there is a office suit just built last year, beside the futsal centre(222).

Seems that this area will be having demands of rental in future, even paradigm opposite of kelana jaya giant coming up soon.

from the 1st phase, from rm170k-240k, now its rm330k-370k. from 2008 - 2010.

and also check on the materials they are using, their building is built up with partly red bricks + sand bricks. where most condos + apartments in nearby areas is purely sand bricks.. they are using grocera tiles 600x600, johnson suisse sanitary wares and some well known materials.

IMO, should be okay for me. Going to booking it by this week.

Any 18th floor neighbor on block B?



This post has been edited by sonumby: Jan 27 2010, 12:41 PM

i am one of the buyer. i already PM you. we can share the info regarding this project

Most importantly drive AROUND the project site. And don't get misled by the "artist impression" models and pictures. Ask the SA clearly where is the boundary between P51 and the industrial area/chinese new village.

despite of the current -ves, i've confidence on this piece of dev.

---

Added on January 28, 2010, 1:51 pmHey neighbours, include me for the sharing

This post has been edited by vgodmax: Jan 28 2010, 01:51 PM

yes, the surrounding area not so good, with those not so high class terrace house, and some factory. but we overcome this issue because we saw there are new commercial center (sunwaymass, pj city phase 1 and 2, mah sing group new commerial center) begin to develop around that area. so will come huge demand for rental income, besides this, the location is really super convenient, less than 10km to midvalley, sunway city, one utama....easy to cari makan, since ss2, taman sea and ss17 area all very nearby........so.....these posistive side already overcome the negative side in my points of view........maybe you keep focusing on those negative side...sometimes must know how to compare those positive and negative effect....

also dun forget me. . . i just sign the spa. . .

I don't get any benefit from writing anything in this thread - my only intention is to point out the fact that the "artist impression" model and graphics produced by the developer is extremely misleading.

Here's an ad for the development recently.



Click here for details.

The location is good, but the fact that its surrounded by industrial lots may be an issue. Also, the developer is still relatively new to this kind of development, have to see how well their workmanship and planning is.

u r right, for the artist impression model, it does not show any -ve side of the project, but belive me, eventhough big n famous developer such as YTL, IJM, SIME DARBY, they wont show the -ve side on the surrounding area in their display model.....(e.g:i din c the high tension tower in their display model for YTL midfield condo)......so buyers must be smart la, go around that area and hv a look, dun simply fool by the artist impression model......

thx to u for pointing out the-ve side, beside the -ve side, i also share with u the +ve side of the project.....

Own occupation may be lah, but appreciation, rental yield and investment is a no, no for this condo.

based on wht factor for ur 'no' conclusion???

I am one of the buyer there.

Location wise it is good, but fear heavy jam in future.

Environment wise, no so ideal, but since living in high level condo so it wont affect much on living quality.

If Developer fulfill their promised(build material quality),including the development of commercial centre in last phase of the Park51 development

This piece of property will be a good buy.

how come ppl fear jam and this and that...shld be something common aldy
dont quite understand

Bandar Utama massive jam also capital appreciation, BU 11 next to high tension cable also ppl stay.

maybe next 5 years cannot gain but maybe 10 20 or 30 how long to wait is the point, correct so long there is ppl
except dont buy at out of way location and cannot see ppl at any time then mayb have to fear

pj anytime also can see ppl, sometimes jam also up till midnight

by the time finish discussing somebody will sure buy.

one man food another man poison

some % of luck also sometime. cannot factor in all risk, true?

This post has been edited by cyjh: May 19 2010, 01:15 PM

jam is good, mean many ppl like tat place and all rush to that place...no surprise will jam at park 51 surrounding, becoz there is a lot of college (KBU,KDU, etc), a lot of shopping mall (sunway, one u, mid valley, a lot of jaya supermarket, a lot of giant...)...a lot of old and new office suite there (pj city, hong leong bank etc)...and you can see the old panasonic factory nearby is now undergo clearence process by mah sing group, soon that piece of land will be redevelop as another commercial/residence project....

so..have faith on this project......good for investment (the price is already increase from 1st to final phase), good for living (convinient to almost all the places, easy find food, a lot of education center at there, from primary school until university).....if really concern about traffic jam, then selangor/kl property better dun become ur choice, coz in selangor/kl area, everywhere is jam...

This post has been edited by preliew: May 19 2010, 01:23 PM

This area is 1 of the area under selangor urban redevelopment plan, it might not happen now but is in the plan for next 5 years..

hopefully is really undergo massive redevelopment very soon

---

Added on July 20, 2010, 7:29 pmmah sing group 'ICON CITY' project at petaling jaya ss9....hotel+office+shopping mall+ suite...just 5 to 10 minutes drive from park 51...


http://properties.emedia.com.my/review.php?id=1760

---

Added on July 20, 2010, 7:30 pmmah sing group 'ICON CITY' project at petaling jaya ss9....hotel+office+shopping mall+ suite...just 5 to 10 minutes drive from park 51...


http://properties.emedia.com.my/review.php?id=1760

This post has been edited by preliew: Jul 20 2010, 07:30 PM

Guys, any latest update for this project?

hi, the 1st block of condo for this project seems like finish contruct, just waiting for the paint to put on...and progress of the other blocks started complete the carparks levels, saw the nearby road have been widen...

with the qucik accessibility to federal highway, sprint, NPE, and LDP, since like it's going to be one of the hot property in pj area...

anyone know when the final block is going to launch for sales?

would like to know when is the final block launch for sales too...

block D




block A

---

Added on November 17, 2010, 9:54 amWhole development



block d


block a,b,c


clubhouse facility


swimmimg pool and wading pool


garden




This post has been edited by preliew: Nov 17 2010, 09:54 AM

any news on when will it launch for block C ??

heard that this month...

if its launch please pm me or update here.. would like to go and have a look on the sample house

now also can go to view..the sales office is open and the show house is there...

can u send me the address of the show house ? i can't find the address of it on http://www.taipangroup.com.my/web/03_01.asp

Somehow i have doubts the moment a developer uses Chinese characters in their advertisements.

Is this property leasehold?

doubt?...why?...might target for chinese buyers

---

Added on November 28, 2010, 2:15 pmbro, there is contact and adress in the website...

http://www.taipangroup.com.my/web/contact.asp

---

Added on November 28, 2010, 2:16 pmya leasehold 99 years

---

Added on December 28, 2010, 8:34 amBlock D




Block A





Sunwaymas@park 51






This post has been edited by preliew: Dec 28 2010, 08:34 AM

looks nice, when will the last phase open for sale??

1143sqf show room




















This post has been edited by hellworld: Jan 22 2011, 06:06 PM

1288 sqf showroom

Construction progress





Sunwaymas business center at park 51

Wow. wish to purchase block C. Anyone know how much they launching right now?

This post has been edited by anniecyp2003: Mar 10 2011, 01:59 AM

Block C still not yet launch, but the construction for all phases are started,not sure why they not launch yet...built then sell maybe??

by the way, below is the site progress picture for block D, window frame work started, handover date is end of this year...

still got units meh?
i think by the time they open for sales, sure BBB!

yea, the entire block of block C not yet open for sale, total 136 units in 18 floors, only 8 units per floor which is quite low density...

block D (RM210-220psf), block A (RM240-260 psf), block B (RM280-300psf)....

so guess wht the price for block C....probably RM 340psf...still quite cheap compare to recently new launch right?..somemore this is PJ and just nearby all major highways (federal, LDP,NPE, Sprint..)

This post has been edited by preliew: Mar 10 2011, 09:29 AM

what are the sizes of the units?
can i know what facilities are they offering? by block or by whole development?
number of car parks provided?
lease or freehold?
when are they opening the last block?
thanks.

standard size will be corner unit 1143sqf (4 bedrooms) and intermediate unit 1288 sqf (4 bedrooms)....and penthouse, and some smaller units at low floor...

http://www.taipangroup.com.my/web/property_residency.asp


facilities gt gym room (largest clubhouse is PJ, sort of like fitness first concept), swimming pool, wading pool, sauna room, garden park..
allt he facilities will be share by whole development which consist of 664 units

1 unit will attach with 1 carpark, purchase another carpark cost u RM15K.

Leasehold 99 years.

not sure when will open for sale for block C, but block A,B,D all finish sold....

PS: some people might claim that is near to industry area, but the fact is this area is under going redevelopment plan, commercial project such as PJ city phase 1 (completed, occupy by hong leong group) and phase 2 are on going, sunwaymas business center just completed, dun forget mah sing group soon to launch ICON CITY project, all these projects located on ex-industry land and just less than 1km from park 51...this park 51 will bring a new living style to this PJ old area...just like axis pandan located at rundwon flat and shoplots area,but still perform well...confident on this park 51 location which just in the middle of federal highway which connected to all major areas at klang valley, personally think that this will generate good rental yield seems nearby kelana apartment/condo all are aging but still can rent out easilly with at least RMM350 for small room.....

This post has been edited by preliew: Mar 10 2011, 10:57 AM

site progress

Block D






Block A



Block B



Clubhouse and entrance

I'm also a purchaser here! any news how much they sold the last block for? I heard it's all sold-out! Whatever -ve's it may have, has been totally overlooked by prospective buyers.

Anyone know what the urban redevelopment plan is? From what I know, the lease for the surrounding areas is up. Any news if govt has renewed for those ppl?

I just called and the new block will be launch by somewhere this June and the price will be starting fm 330/sqft.

Yeah but I think the new block has been overbooked a few times over already. Ie. a few ppl booked like 1st, 2nd, 3rd priority etc. for any unit. Very difficult to get already.

The price has been increase nearly 50% since first block launch. Congrat for early buyers and for new investors, better think twice.

Block C price frm 330/sqf at PJ area and easy access to all major highways, that consider still cheap,plus the Mah sing Icon city is a very main pull factor to push out the price, forsee upon completion the price can be 400 psf.........dun forgot those far location for recently launches such like cyberjaya oledy at least 350 psqf above...

---

Added on April 21, 2011, 12:32 pmas i know, nearby developement is Icon city by mah sing, and Pj city phase 2 by guocoland....sunwaymas comercial center is completed, but not sure wht kind of business will running at there....

This post has been edited by doomdoom: Apr 21 2011, 12:32 PM

Just called up the sales office.
Block C expected to launch in June '11.

expected pricing for 1143s/f is ard RM380K+ and 1200+s/f at RM400K+

price frm 330psf, very cheap.......

Any units still for sale?

u can find subsale frm i property..the final block will launch on june...

Hi all, i'm interested to get 1 unit for block d.. Msg me if you guys know who wanna sell off theirs.. Tq.

Hehe really? I lost count how many times have they postponed their proposed launch date.

yaya, they keep postpponed, frm block b launch date which is march last year, until now is oledy more than 1 year stil nt launch block c..

block D






block A


block B

looks modern and outstanding at this pj area..very obvious frm federal highway....

When will block C be launched?

Is it still good to buy now?

nt sure..block c keep delaying...maybe developer construction not able to complete 4all phases in year 2012..so purposely delay block c so that can have some margin...or maybe wait the icon city by mahsing which is juz located nearby to announce the residence suite price so that they can also make the block c price higher...

Create more traffice jam ...

the progress so fast.. start painting already.. very good !

almost 2 and half year since first block launch...consider very slow lo, still gt 3 more blocks still on going construction...

hope can be completed by this year end..

u gt unit there?

Hi,
Anybody plans to sell his unit of block D? My friend is interested in buying!

Please give me your email so that we can talk personally.

Thanks,
Ally

finally the 1st block of park 51 is near completion.....since icon city just stone away frm park 51, how much launch price do u think for the final block for park 51 which is going to launch this coming october???


still BBB??

Hi Ally,

I have a unit at 2nd floor. (Near to the playground park, with 2 car parks)
1143 sq ft.

Regards,

Jonathan Chong

This post has been edited by maxnergy: Jul 19 2011, 04:59 PM

Isnt this project quite near to some graveyards and crematorium?? feng shui no good meh

not near, at least it's not walking distance and cant view from the unit..........glomac damansara and desa kiara condo also gt huge malay graveyard just walking distance and very clear from unit view...but the price even higher than this project.......if u wan fengshui good and super duper good location..u wont get less than 350psf price like park 51....u pay wht then u get wht...