Drop by the sales office this afternoon. UOA is having a preview and option for booking with rm10K issued to the stakeholder. S&P is expected to be executed in Jan 2011 as design is still being finalised. For 222/288, it is a sales launch.
Most levels are open for booking except for a few. Almost all KLCC and swimming pool facing units were booked. That translates to about 50% bookings of the available units as of 2.00pm today.
For 8th floor, KLCC facing view, price should be around 330 psf + or - a little, after discount. All units come with 2 car parks versus 222/288 only one.
SG has a density of 445 units over 4.5 acres of residential land. With a single block of 16 units per floor serve by 6 lifts it comes either with a "Semi D" or "Bungalow" design. 222/288 is on commercial land and not sure of their total land size and how many lifts per block.
Because of the 4.5 acres, SG facilities are quite spread out. The swimming pool is on the ground compared to 222/288 is above the carpark level thus indoor to save space.
The SG carpark is a separately built 6 floor complex with a roof top garden and a connecting bridge to the condo block. Quite nice in terms of open spaces and gardens, hopefully with proper landscaping and maintenance. Overall, 222/288 is quite a compact design with all facilities contain within a building similar to the one found mainly in KL city where land-bank is very expensive.
However, the design of 222/288 seem more modern compared to SG which looks like bangsarsouth park residence copy and paste facade. Hopefully that will improve a little as their design is still being tweaked. 222/288 have an impressive show unit whereas, SG has only poster on the wall and still subject to change on the design. Practicability of the design is alright. Finishing on paper seem very like park residence, bangsarsouth. 288 comes equipped with kitchen cabinet together with fridge, oven and burner/hood.
As to developer, UOA is a big organisation but not very sure of KP, developer of 222/288. Reliability and reputation of developer is an important factor. Can anyone familiar on KP or UOA please shed some light for consideration of potential buyers
A condo or service residence depends on long term maintenance. Which will be better maintained will be time tested. Which will fetch better sales or rental will surely depends on this important factor. Not sure if UOA or KP can perform better.
What can be seen here are 2 high end developments (at least based on price) in Setapak and the delivery of these 2 projects will test a new benchmark in the pricing for this area going forward. In terms of location, they are almost the same though many people familiar to this place, will say that SG is a tad better.
This post has been edited by webby88: Oct 10 2010, 09:38 PM
SETAPAK GREEN RESIDENCES by UOA, Your Enclave for Refresh Living (Investment)