What is the occupancy rate in Jadehills now? 50%? Jadehome has not been so aggressive lately.

Slow sale is not beneficial to the developer as they need to maintain the sales office and staffs salaries. Unless Jadehome has earned too much for them to lose.

IOI city mall in Putrajaya is seeing its structure getting in shape.

It would be a big bonus to the surrounding housing once completed.


Attached thumbnail(s)

That depend on your definition of "far"

For me, it is very near.

IOI city mall

Read and get excited over it.

http://www.ioicitymall.com.my/jpeg/news1.jpg

This post has been edited by GangHo: May 2 2014, 02:15 PM

Linear Garden in Jadehills?

Anybody got jadehills landscaping photos? Especially the garden.

Have a house in Jadehill but don't live in Jadehill

it would be their temporary premise right? The permanent building is on the left side of the main access road?

It will be good if promenade is built so that the residents could go nearer so better appreciation of the lake or perhaps some sort of access to the middle of the lake?

This post has been edited by GangHo: May 14 2014, 02:13 PM

The asking price of Jadehills has been consolidating to around RM470psf.

I would think that there is still upward potential as Kajang is slowly transforming.

I won't be surprised if it is true.

Check out the video if you have not seen it......

http://gamudaland.com.my/jadehills/gallery/video/

if travel 10 mins everyday and i can stay in a great place. i won't think twice....

This photo is mostly green and blue........ the nature color

Thinking twice about selling my unit now.............

Haha, maybe it is better for the forum-er to declare whether they are agent or owner.

The position is however interchangeable. A person can be owner & agent in the same time. or he could be current owner and a future agent.

For me, I'm currently an owner but maybe a future agent. Who knows?

This post has been edited by GangHo: Jun 8 2014, 12:27 AM

http://www.thestar.com.my/Business/SME/201...owth-potential/

Developers are turning to area for its growth potential

BY JOY LEE




These days Kajang in Selangor is all abuzz with talk of the coming by-election for the constituency’s state assembly seat.

In recent weeks, the town has been visited by various political personalities eager to make a good impression on the local folks.

But Kajang has been on property developers’ radar for years.

Developers have not only flocked to Kajang for its strategic location on the outskirts of the city, but also because of the potential they see in the porperty market there.

Kajang, developers point out, is primed for higher-end products. More and more gated-and-guarded projects are being developed in the area and property prices have doubled over the past three years or so.

“There has been an increase in demand for high-end properties in Kajang. This is clearly demonstrated through the good response received from buyers as our high-end products launched in recent years are almost fully sold,” said Chong Yan Han, director of property developer.

Some of these projects, said Chong, include Sentosa Heights, where prices of the semi-detached houses and bungalows range from RM1.3mil to RM2mil or about RM350psf, Kajang 2, where its semi-Ds start from RM1.2mil, and Kajang East, where prices of a two-storey terrace house start from RM650,000.

Strong demand for private schools such as Rafflesia School, which was built by MKH Bhd, is an indication that Kajang has a market for high-end products.
Strong demand for private schools such as Rafflesia School, which was built by MKH Bhd, is an indication that Kajang has a market for high-end products.
Tropicana Corp Bhd executive marketing and sales director Pam Loh concurred that while Kajang was an old market, “this is where the potential is”.

She added that property prices were going up due to the rising cost of land, materials and labour.

“Costs are going up and the surrounding area is also coming up. So prices won’t come down,” Loh said.

One of the hotspots for high-end developments in Kajang is within the vicinity of Jalan Reko, which is the location of one of three Kajang MRT stations planned along the Sungai Buloh-Kajang MRT line. The other two stations are Saujana Impian and Bandar Kajang.

A better lifestyle

Nadayu Properties Bhd can be considered a pioneer in the gated-and-guarded concept in this area.

Amid plantations and undeveloped land, Nadayu launched its exclusive project, Nadayu 92, in mid-2010.

The development comprises linked homes, semi-Ds and bungalows with facilities such as a clubhouse and a central park.

Houses in Nadayu 92 were priced between RM433,000 and RM1.02mil, then considered a benchmark for Kajang. But Nadayu chief executive officer Mohd Farid Nawawi noted that the gamble paid off handsomely for the developer.

“Surprisingly, 50% was sold off in two months of the launch. This gave the group the confidence to move more in that direction. What is interesting is that the gated-and- guarded concept was relatively new there. But it was a good catalyst for developers,” Farid said, adding that transaction prices for its properties had risen significantly.

Farid expects the landscape in Kajang to be changed tremendously by 2016.

Adjacent to Nadayu 92 is MKH’s Kajang 2, a 270 acre freehold township fronting Jalan Reko. Kajang 2, designed as a live, work and play development, is expected to draw a population of 25,000 to 30,000 people. The project has a gross development value of RM2.8bil and will take some seven years to complete.

A rendering of the 16-acre Central Park in Tropicana Heights, Kajang, which will feature a 750-metre linear lake.
A rendering of the 16-acre Central Park in Tropicana Heights, Kajang, which will feature a 750-metre linear lake.
Tropicana has also joined the fray with its integrated development, Tropicana Heights Kajang. The project, with an estimated GDV of RM2.3bil, sits on 199 acres of freehold land, which was previously the Kajang Hill Golf Club.

Prior to the launch of its first phase last month, Loh said more than 10,000 enquiries had poured in for the gated-and-guarded residential area.

“People are increasingly looking at the environment they are living in. They want a better and more modern lifestyle, which demands quality, not just a box with four walls and a roof. They are also looking at the potential for value appreciation,” said Loh.

She added that the challenge for new developers in the area was to develop products that were market driven.

“The area is surrounded by old houses, with a lot of second- and third-generation occupants.

“Most of them want to move out but want to remain close to their families. We need to understand our target market’s lifestyle and come up with designs that meet that demand. We are offering what old areas don’t have,” she said.

Another high-end development in the area is Naza TTDI’s 113 acre TTDI Grove.

Meeting a need

Although prices have risen quickly in Kajang, developers think that they are still affordable compared to other locations around the Klang Valley.

In the past, landed homes below RM350,000 were considered affordable. But today, Chong said, anything ranging from RM650,000 to RM1mil is considered affordable in Kajang depending on its exact location.

“Houses in Kajang are generally much more affordable compared to other areas of the Klang Valley. In Kajang, you only pay RM700,000 to RM1mil to own a landed home in a gated-and-guarded development with club house facilities.

An artist's impression of the Nadayu 92 development. Nadayu Properties CEO Mohd Farid Nawawi says the project is paying off handsomely.
An artist's impression of the Nadayu 92 development. Nadayu Properties CEO Mohd Farid Nawawi says the project is paying off handsomely.
“Housebuyers may have to pay almost double that price for the same concept and size in other areas,” he said.

Additionally, Chong noted that there is a ready market for high-end properties in Kajang and expects more buying interest there due to the affordability and good infrastructure available.

He observes that the majority of MKH’s customers for its Kajang properties are genuine homebuyers who wish to upgrade their current homes as well as young people migrating from other parts of Klang Valley as property prices in those areas have risen beyond their reach.

Notably, there is also a sizeable portion of buyers who are long-term investors from Petaling Jaya, Damansara, Kuala Lumpur and Cheras.

“We may think Kajang is not a high-end area, but there are international and private schools here, which really shows you that there is a high-income population there and there is a ready market. We are meeting a need for such products,” Loh said.

Consumers can expect more activity in the area as developers position themselves to take advantage of the growing demand for high-end properties there.

MKH is already embarking on the redevelopment of the old Kajang town and will continue to expand in the Kajang area, creating what Chong describes as a more vibrant business district.

“With our commercial developments coming up, skyscrapers will create a new skyline for Kajang town. This will not only bring people to live here, but to work and play in the new vibrant commercial business district,” Chong said.

This post has been edited by GangHo: Jun 10 2014, 12:55 PM

Have a little bit reserve over the adv.

Nowadays, you have to see it for yourself the final product before you could conclude anything at all.

There is no photo, it can be anywhere especially other development close to JH.

Truly. Infinity pool overlooking green landscape. It's hard to find in KL.