Still got quite a number of units available, whether Bumi or Non Bumi.

-A/Marine
- Total 242 units Condominiums
- 2 Blocks of 25 storey high
- Leasehold
- Tower A 105 units and Tower B 137 units
- 1,306 to 2,836 sq feet ( smallest size, 1,306 sf units only available at Tower A )
- Maintenance Fee RM 0.30 per sf

- Tower A was launched at RM 550 psf onwards, DIBS 5% early birds and no furnished.
- Tower B was launched later, from RM 600 psf onwards, same DIBS, 10% discount and no furnished until now
- Tower B units left the most, as I remember correctly, due to most snap up the Tower A during preview bcz Nautica sold at RM 600 psf onwards but with furnished.

- Tower B has the best view, lake view plus swimming pool and sight seeing future Sunway GEo / Sunway Pyramid
- Tower B only have 1,500 sq feet onwards and price should be around RM 880k onwards before discount
- Completion should be around June / July 2013


Lower density than La Costa's 377 units on about 5+ acres land while A'Marine only within 2 blocks on a close to 7 acres land.

La Costa priced were higher after one of the block ( Block B I think ) sold to them and balance units were increased to RM 600+ psf onwards and throw in some furnished. La Costa's Olympic Pool and Facilities would be much elegant compare to A'Marine.

Location wise, both are quite equals but I prefer A'Marine's location and lower pricing. One could prefer enjoying driving deeper for landscape sighting before reaching La Costa.

Indeed, the location is very superb and great amenities nearby. I would say " quite a potential condo's within landscape park" where similar to parkhomes within a landscape park in Desa Parkcity. Few hundred metres away from LDP, Kesas Highway new exit/entry and NPE. About 1-2 KM away from Federal Highway, Kesas Highway ( previously ) and leads to PLUS, NKVE and SMART.

The early phase prices were too crazy, where matching even MK high end condo, and now, many do not know the surrounding of the Sunway South Quay, which is quite not bad. For many, the pricing is too steep for a Leasehold development. As many of the new launches were sold much higher, I have no doubt South Quay condos now would be back on track since those were selling about RM 600 psf with DIBS and 10% discount to offset the S&P Price.

If you looking at the capital appreciation performance at Sunway South Quay any condo or bungalow for the past few years, it was very poor, due to

1) The Selling Price - were too high upon launching of the first few phases
2) The early phases price were matched a lot of the other Freehold High End Condo in other area
3) Bungalows were deemed at least 30-35% above prevailing price during the time it launched, while Nautica Lake Suites high end condo were deemed 20% above prevailing price during launching.
4) Leaving a harder gap for property appreciation, strong investors rarely go in, leaving the discounts go to the much lesser holding power investors and speculators.
5) Too many Korean investors with lack of holding power
6) Quite a lot of Auction Units


If we look at it now, the sentimental is very different. It looks risky as Mont Kiara condos or other similar pricing launches but it was subjective and such a trend of rental market, plus a good location is a good location, rely such of Sunway Geo retails as new marketing to boost up, it is watchable products where investors might enter,

Such as;
2007 - Nautica ( Leasehold High End Condo ) selling from RM 550-600 psf after discount by Sunway Group
RM 550-600 psf at 2007, you can get any high end condo in the place of Mont Kiara, Sri Hartamas and etc. The pricing of smallest unit of 1300 sf equals to min RM 715k, with this price, you can get any double storey linked corner lot in surrounding area of USJ / Subang Jaya / Sunway / Puchong with extra money for renovation.

A medium end condo ( Freehold ) were sold from RM 200 psf onwards, in surrounding area.

2011 - Nautica ( Leasehold High End Condo ) selling from RM 590-640 psf after 5% discount and semi- furnished by Korean Group, a kamikaze move by Korean Investors.

2013 - Nautica asking from RM 580 psf, La Costa ( yet to complete, probably by 2014 ) sold from RM 600 psf and A'Marine ( completed soon, June/July 2013 ) balance units sold from RM 660 psf onwards before 10% discount. Less than RM 630 psf for bigger sizes.

RM 580-600 psf, is already a normal price of most condo launches, for sizes btw 1300-1700 sf, such as DK Senza ( RM 650 psf onwards ), Nadayu 28 ( above RM 600 psf ), existing Saujana Residency ( ave RM 630 psf), The Isola ( RM 670 psf ), Skypod ( RM 550 psf ), Trigon ( RM 650 psf ), You One ( RM 570 psf @ large units ), Da Men ( 600 psf onwards ), and etc etc etc more to list on ...

Which of the above can guarantee you of around rental RM 2.30 to RM 2.80 psf ? We don't know yet, as most of it yet to complete. Maybe higher, or maybe risk of being lower.

However, it was the current asking rental for Nautica Lake Suites, and I would see similarity in La Costa ( greater facilities ) later on, same goes to A'Marine although Nautica and La Costa were both furnished units. Or, probably it would drop to RM 2.00 psf rental since quite a few high end condos were up such as DK Senza, Nadayu 28 to Isola.

An average of 1300 sf unit of SSQ Condo asking RM 780k ( subsales or under-con after 10% discount ), a price no longer can get you any DSTH Corner Lot now. It can get you probably a old DSTH in USJ / Bdr Kinrara with some cash for renovation.

And the rental was fetching from RM 3.2k onwards ( party furnished ) and average at RM 3.5k ... while some bigger units, the owners refurnished it like showroom and bring your bag for move in, asking btw RM 2.60-2.90 psf ... Most of the tenants were Koreans, Japanese, rich students sponsored by families, foreign stewardess, locals and expats.

In my conclusion, Nautica were superb expensive if to enter during 2007 post launching ( min 30% over priced ). If to enter now, I still deem it was quite expensive of a Leasehold Condo and a fluctuate supply vs demand, but none the less, everything goes expensive, it was the asking price of RM 580 psf, were already met by the some banks' valuation.