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 Da Men @ USJ 1 ( Next to summit ), Discussion of Vesting potential

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TShenryhing
post Jun 29 2011, 10:18 PM

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QUOTE(Raub @ Jun 29 2011, 02:55 PM)
dont know who so many ppl anti Da Men ..hoho....if you want don't like Da Men, don't go pavilion and fahrenheit 88 lohhh ..same boss 1.....
so many new development also selling high price ...eco city (1200 psf) , empire city (1000 psf) , damansara avenue ( guess 700 psf ++)...
why you guys don't shoot in their topic, come to kacau Da Men topic....


Added on June 29, 2011, 3:01 pm
you said that Bayu rent 3000 ...i ask agent and found iproperty also , 2100 -2200 for 10xx sf can kao tim lahhh...500 k but rent 2200 ? only you will buy lohh...empire subang now entry price 450k and rent 2500 ...much much better than your bayu lohhh...
please do homework before post lahh..smart ppl.
*
Hey Raub, seriously la bro. I am helping u with good advice here. Please dont talk too much. The more u type the stupider u sound. My point is don't bring mentality from Raub and apply in KL. It wont work. For KL standard, people who sound even remotely close to u should do this; sell off their home ( in ur case is the 1 mil flat/apartment or condo in MK), take the money and move to Da men and stay alone and TFK the whole day.
Btw I am not sure whether ur rich or not, but to me u must know clearly the diff between rich or just thinking/posing as rich. Whatever it is, it don affect me. But by u supporting overprice property pisses me off as I have less chance to invest for capital gain.
I have not invest for almost a year now as i am really gatal and pissed off. Like havent ejaculate for 8 months or so. Hope ul understand..
simplicio
post Jun 29 2011, 11:25 PM

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QUOTE(henryhing @ Jun 29 2011, 11:18 PM)
Hey Raub, seriously la bro. I am helping u with good advice here. Please dont talk too much. The more u type the stupider u sound. My point is don't bring mentality from Raub and apply in KL. It wont work. For KL standard, people who sound even remotely close to u should do this; sell off their home ( in ur case is the 1 mil flat/apartment or condo in MK), take the money and move to Da men and stay alone and TFK the whole day.
Btw I am not sure whether ur rich or not, but to me u must know clearly the diff between rich or just thinking/posing as rich. Whatever it is, it don affect me. But by u supporting overprice property pisses me off as I have less chance to invest for capital gain.
I have not invest for almost a year now as i am really gatal and pissed off. Like havent ejaculate for 8 months or so. Hope ul understand..
*
Ohoh....big taikors have awaken!!

hehehehe....too bad he balik Raub dee....till he collect keys in 3 years time
we got nothing to aim at.

laugh.gif laugh.gif laugh.gif
thomstho
post Jun 30 2011, 01:02 AM

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QUOTE(Raub @ Jun 29 2011, 03:55 PM)
dont know who so many ppl anti Da Men ..hoho....if you want don't like Da Men, don't go pavilion and fahrenheit 88 lohhh ..same boss 1.....
so many new development also selling high price ...eco city (1200 psf) , empire city (1000 psf) , damansara avenue ( guess 700 psf ++)...
why you guys don't shoot in their topic, come to kacau Da Men topic....


Added on June 29, 2011, 3:01 pm
you said that Bayu rent 3000 ...i ask agent and found iproperty also , 2100 -2200 for 10xx sf can kao tim lahhh...500 k but rent 2200 ? only you will buy lohh...empire subang now entry price 450k and rent 2500 ...much much better than your bayu lohhh...
please do homework before post lahh..smart ppl.
*
Hmm.. Empire City RM1000 psf? Last year oni RM500 psf, this year RM1000 psf? Link to Empire City: http://forum.lowyat.net/topic/1922656 (not sure if it is true or not.)
ManutdGiggs
post Jun 30 2011, 08:11 AM

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QUOTE(thomstho @ Jun 30 2011, 01:02 AM)
Hmm.. Empire City RM1000 psf? Last year oni RM500 psf, this year RM1000 psf? Link to Empire City: http://forum.lowyat.net/topic/1922656 (not sure if it is true or not.)
*
Condotel is selling at RM800-1000 psf. Inclusive of so claimed full luxury furnitures.
chiew9390
post Jun 30 2011, 11:17 AM

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QUOTE(simplicio @ Jun 29 2011, 07:00 PM)
sorry ...only you mention that Bayu hard to get 3k ....the others unit in Jalan Kiara 1 is sure can get more than 3k , please do homework before post again . i put money to your pocket now!!!
see....you go again others that collecting higher then 3k....in jalan kiara 1...cost 500k kah? like you say mah...you stay 1m house ma sure collect more then 3k lah...which kuku own a house more then 500k renting out lesser the 3k in jalan kiara 1?
LIKE +1 tongue.gif
clanzkiller
post Jun 30 2011, 12:26 PM

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Debating of one that has bought and one that disagreed. No comment for those who disagreed, but to the successful purchaser, why bother debating with ppl if u really like it and instead already make 90% final decision and place booking? Since I assumed your research is strong, you shouldnt be offended by those who disagreed. Keep those point with you, whether exposed or not. Usually experienced ppl esp investor will not influence by other ppl once they make their strong decision. Unless there is changes in developing plan or things that can make one to change mind. Otherwise just go with it and wait for completion to see the true smile.gif. be confident to yourselves and u will be a successful ppl. Btw, not to discriminate to purchaser and dev, non of my contact has bought it (just presumed I had less contact and be it big shot or small potato). I hope it will be a successful project and light up usj. Kudos..

This post has been edited by clanzkiller: Jun 30 2011, 12:34 PM
kelvyn
post Jun 30 2011, 01:54 PM

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only time will tell.... biggrin.gif
simplicio
post Jun 30 2011, 02:34 PM

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QUOTE(clanzkiller @ Jun 30 2011, 01:26 PM)
Debating of one that has bought and one that disagreed. No comment for those who disagreed, but to the successful purchaser, why bother debating with ppl if u really like it and instead already make 90% final decision and  place booking? Since I assumed your research is strong, you shouldnt be offended by those who disagreed. Keep those point with you, whether exposed or not. Usually experienced ppl esp investor will not influence by other ppl once they make their strong decision. Unless there is changes in developing plan or things that can make one to change mind. Otherwise just go with it and wait for completion to see the true smile.gif. be confident to yourselves and u will be a successful ppl. Btw, not to discriminate to purchaser and dev, non of my contact has bought it (just presumed I had less contact and be it big shot or small potato). I hope it will be a successful project and light up usj. Kudos..
*
Correct...The word is " SINCE I ASSUMED YOUR RESEARCH IS STRONG"

The problem happens when we paste some disagreement research with facts
which suddenly brought their attention back on the ground and cannot accept it.

So by now...."must defend putrjaya by all means and cost loh"
very hard to swallow when u buy something so new and people say
its not good enough.

smile.gif smile.gif

This post has been edited by simplicio: Jun 30 2011, 02:35 PM
TShenryhing
post Jun 30 2011, 02:59 PM

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QUOTE(simplicio @ Jun 29 2011, 11:25 PM)
Ohoh....big taikors have awaken!!

hehehehe....too bad he balik Raub dee....till he collect keys in 3 years time
we got nothing to aim at.

laugh.gif  laugh.gif  laugh.gif
*
Eh no la..Im small fries seriously. Not like some villager that will tell whole world he staying at a 1 million place. Anyway good for me if Da Men sells well. Just imagine the small studio is already 500k, dunno how much would my subang jaya D/S end lot with 10ft land cost now after Da Men?? stone throw from subang parade some more. 3-4 years back nearly sold for 380k hapilly but tot just keep it instead.. Not bragging here but just making all home owners in subamg amd usj happy .Thanks Raub for increasing property price in subang/usj. Owe u one..
simplicio
post Jun 30 2011, 03:44 PM

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QUOTE(henryhing @ Jun 30 2011, 03:59 PM)
Eh no la..Im small fries seriously. Not like some villager that will tell whole world he staying at a 1 million place. Anyway good for me if Da Men sells well. Just imagine the small studio is already 500k, dunno how much would my subang jaya D/S end lot with 10ft land cost now after Da Men?? stone throw from subang parade some more. 3-4 years back nearly sold for 380k hapilly but tot just keep it instead.. Not bragging here but just making all home owners in subamg amd usj happy .Thanks Raub for increasing property price in subang/usj. Owe u one..
*
Small fries kah, small potato kah = small knife cut big tree!!
flex.gif flex.gif
kh8668
post Jun 30 2011, 04:00 PM

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By LIM CHIA YING
chiaying@thestar.com.my | Jun 30, 2011
Mixed development project to spur growth in USJ

--------------------------------------------------------------------------------

user posted image

New development: An artist impression of da:men’s 400,000sq ft retail mall.


The character and landscape of USJ is set to be significantly changed when a sprawling new mixed development project comes up within the next three years.

The project, called da:men or Gateway, will be developed on a 3.6ha plot of land fronting the intersection of Jalan Kewajipan and Jalan Subang Permai in the heart of USJ.

Once completed by the end of 2014, the project will have serviced apartments, shop offices and a retail mall.

The project was recently launched by Equine Capital Berhad, whose wholly-owned subsidiary Equine Park Country Resort is the developer and Revenue Concept Sdn Bhd, the land owner.

Selangor Mentri Besar Tan Sri Khalid Ibrahim officiated at the event and was later taken on a 2D visual experience of walking through the life-size perspective of the development.

Equine Capital Berhad chairman Tengku Datuk Seri Ahmad Shah Sultan Salahuddin Abdul Aziz Shah said da:men was easily accessible by its strategic location and especially with the proposed LRT station expansion into Subang Jaya.

“It is projected that by 2012, the anticipated USJ population will rise to 1.3mil residents, and it gives us the impetus to target this catchment,” said Tengku Ahmad.

“We want to make da:men the new dimension of modern lifestyle with our innovative mix of offerings in line with the project’s tagline of ‘eat, live, play, work’.

“There has been an overwhelming response from buyers and tenants with 80% of the shop offices already sold. We are happy with the positive response received so far.”

Khalid said he feels the development will augur well for Subang Jaya.

“The per capita income of Subang Jaya, Petaling Jaya and part of Shah Alam has reached an above average level of the national income and it bodes well for consumerism where this project is concerned,” he told a press conference.

He, however, conceded that while the government was in support of the development, there was also a need to ensure adequate transportation system for the mobility of consumers as well as traffic dispersal to handle the vehicle volume.

“The Subang Jaya Municipal Council (MPSJ) has taken this point into consideration and agree that the development can proceed while they monitor the situation.

“The demand for better choice for shopping is also intensified by the availability of colleges that want a higher level of facilities. The quality of urban life in areas of Selangor will also be enhanced,” he said.

When asked if there are any conditions imposed on developers, Khalid said traffic was one of the factors strictly looked into when developers submit their plans.

“I know Subang Jaya people have a qualitative and quantitative voice level but the fundamental thing to note is that we cannot stop development.

“However, we must ensure adequate preparation for foreseen scenarios, and this, I was told by the developer, is why they are looking into additional slip roads to be built for sufficient traffic flow.

“There will also be an LRT station near here and the state is working hard to ensure the dependency of private cars be reduced from currently 90% to perhaps 50%. It’s definitely a long way to go but we have to move towards this,” said Khalid.

Tengku Ahmad said there will be 2,600 carpark bays for the project and they have worked closely with the authorities with regards to traffic in the area.

“Besides the LRT, we’ll be adding two additional lanes at our own cost to widen the existing three-lanes to five in the perimeter of our development,” he said.

Equine Capital Berhad chief operating officer Ranjeet Singh said the developer was taking care of the ingress and egress while acknowledging that they have to find an easier dispersal route because of the congestion caused by the traffic lights at the Persiaran Kewajipan/Kesas highway intersection.

“Traffic concerns will always be there but we have addressed it, like traffic impact assessment studies which have been done,” said Ranjeet.

The retail mall component will measure 400,000 sq ft and will be spread across seven levels each of which is dedicated to different categories.

The service apartments meanwhile will comprise two 23-storey towers of 480 units, while the last component of shop offices will consist of 68 lots built in two, five or six-storeys.


http://www.starproperty.my/PropertyScene/P...Scene/12974/0/0

This post has been edited by kh8668: Jun 30 2011, 04:02 PM
Alvinchung
post Jun 30 2011, 04:17 PM

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QUOTE(kh8668 @ Jun 30 2011, 04:00 PM)
By LIM CHIA YING
chiaying@thestar.com.my | Jun 30, 2011
Mixed development project to spur growth in USJ

--------------------------------------------------------------------------------

user posted image

New development: An artist impression of da:men’s 400,000sq ft retail mall.
The character and landscape of USJ is set to be significantly changed when a sprawling new mixed development project comes up within the next three years.

The project, called da:men or Gateway, will be developed on a 3.6ha plot of land fronting the intersection of Jalan Kewajipan and Jalan Subang Permai in the heart of USJ.

Once completed by the end of 2014, the project will have serviced apartments, shop offices and a retail mall.

The project was recently launched by Equine Capital Berhad, whose wholly-owned subsidiary Equine Park Country Resort is the developer and Revenue Concept Sdn Bhd, the land owner.

Selangor Mentri Besar Tan Sri Khalid Ibrahim officiated at the event and was later taken on a 2D visual experience of walking through the life-size perspective of the development.

Equine Capital Berhad chairman Tengku Datuk Seri Ahmad Shah Sultan Salahuddin Abdul Aziz Shah said da:men was easily accessible by its strategic location and especially with the proposed LRT station expansion into Subang Jaya.

“It is projected that by 2012, the anticipated USJ population will rise to 1.3mil residents, and it gives us the impetus to target this catchment,” said Tengku Ahmad.

“We want to make da:men the new dimension of modern lifestyle with our innovative mix of offerings in line with the project’s tagline of ‘eat, live, play, work’.

“There has been an overwhelming response from buyers and tenants with 80% of the shop offices already sold. We are happy with the positive response received so far.”

Khalid said he feels the development will augur well for Subang Jaya.

“The per capita income of Subang Jaya, Petaling Jaya and part of Shah Alam has reached an above average level of the national income and it bodes well for consumerism where this project is concerned,” he told a press conference.

He, however, conceded that while the government was in support of the development, there was also a need to ensure adequate transportation system for the mobility of consumers as well as traffic dispersal to handle the vehicle volume.

“The Subang Jaya Municipal Council (MPSJ) has taken this point into consideration and agree that the development can proceed while they monitor the situation.

“The demand for better choice for shopping is also intensified by the availability of colleges that want a higher level of facilities. The quality of urban life in areas of Selangor will also be enhanced,” he said.

When asked if there are any conditions imposed on developers, Khalid said traffic was one of the factors strictly looked into when developers submit their plans.

“I know Subang Jaya people have a qualitative and quantitative voice level but the fundamental thing to note is that we cannot stop development.

“However, we must ensure adequate preparation for foreseen scenarios, and this, I was told by the developer, is why they are looking into additional slip roads to be built for sufficient traffic flow.

“There will also be an LRT station near here and the state is working hard to ensure the dependency of private cars be reduced from currently 90% to perhaps 50%. It’s definitely a long way to go but we have to move towards this,” said Khalid.

Tengku Ahmad said there will be 2,600 carpark bays for the project and they have worked closely with the authorities with regards to traffic in the area.

“Besides the LRT, we’ll be adding two additional lanes at our own cost to widen the existing three-lanes to five in the perimeter of our development,” he said.

Equine Capital Berhad chief operating officer Ranjeet Singh said the developer was taking care of the ingress and egress while acknowledging that they have to find an easier dispersal route because of the congestion caused by the traffic lights at the Persiaran Kewajipan/Kesas highway intersection.

“Traffic concerns will always be there but we have addressed it, like traffic impact assessment studies which have been done,” said Ranjeet.

The retail mall component will measure 400,000 sq ft and will be spread across seven levels each of which is dedicated to different categories.

The service apartments meanwhile will comprise two 23-storey towers of 480 units, while the last component of shop offices will consist of 68 lots built in two, five or six-storeys.


http://www.starproperty.my/PropertyScene/P...Scene/12974/0/0
*
Nice one, but then USJ area will experience even worse jam during the construction period......

biawak_Sungai
post Jun 30 2011, 04:26 PM

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QUOTE(rakyat @ Jun 27 2011, 10:36 AM)
That is an understatement!!!!

Damen launch was pretty funny.... The developer was too optimistic and thot there were sooo many waterfish around. For service apartments needed to ballot, SA did not want to entertain questions, Floor plans only given to VVIPs via goodie bags. Cheapest unit is RM494k for 700sf unfurnished studio.

Half way through the ballotting process, a SA went up the stage and whispered something to the CEO and you can see him sweating. Immediately asked another staff to do the balloting while he went into the sales area top assess the situation - 1st 30 lucky ballots went in to look see and not 1 booking done!!!

Ended up became 'free for all' - anyone can just walk in and book yet when I left at 4.30 less then 20% had stickers on the 240 unit for sale and 98% bookings were for the 700 sf studios, no takers for the RM700k 2 bedders or RM850k 2+1

This is one of the worst launch I have attended both in terms of logistics (balloting then ushered into a very cramp area with only 1 small plan on display) and results (compared to Dijaya's Tropicana RM1.5 mil Condo 60% sold after 2 hours- done in a public place in Tropicana mall & anyone can just walk in and enjoy the free flow Champagne & hor derve)

BTW I oso booked 1 unit coz kiasu  doh.gif But I have an escape clause  icon_rolleyes.gif
*
Every 1 is talking how good is the "Pintu Besar" aka Da Men, everything is big - the event is big, the price is Big, the developer ego also Big. i watch this property since is stated, I the 1 post the picture of the development before is is open to the public (refer to the early posting).

But the price is asking by developer is too much of average USJ and Subang Jaya people can take.

Just wana give every 1 here an option before buying any property in USJ.

1. New Condo is under planning at USJ 1 - next to the taman at usj 1, the price is much cheaper and easy access (site clearance is ongoing)

2. Revive of the abandon project at USJ 21 by Bina Puri, sure the price also cheaper.

3. USJ One Park - is under construction now - selling around RM500psf.

Think before you invest.

dylongb
post Jun 30 2011, 05:01 PM

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QUOTE(clanzkiller @ Jun 30 2011, 12:26 PM)
Since I assumed your research is strong, you shouldnt be offended by those who disagreed. Keep those point with you, whether exposed or not. Usually experienced ppl esp investor will not influence by other ppl once they make their strong decision.
Like +1 raub

QUOTE(clanzkiller @ Jun 30 2011, 12:26 PM)
  Btw, not to discriminate to purchaser and dev, non of my contact has bought it (just presumed I had less contact and be it big shot or small potato).
*
Like + 1 Majority
clanzkiller
post Jun 30 2011, 05:30 PM

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Personally for Raub,
Sorry bro i'm not siding any side, but to make thing clear, your previous statement proved to everyone that you're twisting your statement and the outcome is different.

At first you claimed that you're buying for investment, again i assumed:
"ok ...noted ..need to give up this d ...will look for other project . thanks.. "

then
"any update ? i want buy lehh............ "
"for me, i like the concept very much ...but i cannot afford in KL city ...
and empire subang studio just like duplex ...i dun like ..."

then
"My gf like the concept and high end condo, her family stay in USJ also ...the other cheap cheap apartment she dun like ...like casa subang, cheap is cheap but layout very ugly ..I ask her to move out to Mont Kiara and stay with me, but he wan stay in Subang area .. so i choose either empire subang or da men ..but da men is my first choice."

So, if you're buying for investment, your debating with others make no sense if you're a genuine investor.
If you're buying for your gf, why u bother ppl talk about rental price as she is going to stay there with no rental given?

So the question now, is...Have you really bought Da Men?
Peace

dylongb
post Jun 30 2011, 05:37 PM

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QUOTE(clanzkiller @ Jun 30 2011, 05:30 PM)
Personally for Raub,
Sorry bro i'm not siding any side, but to make thing clear, your previous statement proved to everyone that you're twisting your statement and the outcome is different.

At first you claimed that you're buying for investment, again i assumed:
"ok ...noted ..need to give up this d ...will look for other project . thanks.. "

then
"any update ? i want buy lehh............ "
"for me, i like the concept very much ...but i cannot afford in KL city ...
and empire subang studio just like duplex ...i dun like ..."

then
"My gf like the concept and high end condo, her family stay in USJ also ...the other cheap cheap apartment she dun like ...like casa subang, cheap is cheap but layout very ugly ..I ask her to move out to Mont Kiara and stay with me, but he wan stay in Subang area .. so i choose either empire subang or da men ..but da men is my first choice."

So, if you're buying for investment, your debating with others make no sense if you're a genuine investor.
If you're buying for your gf, why u bother ppl talk about rental price as she is going to stay there with no rental given?

So the question now, is...Have you really bought Da Men?
Peace
*
the only thing can explain is that he changed his mind from time to time, from investor to ownership? or simply speculator? but changing his mind still his choices. for me he is more like China Man punya Rich son lolx..kidding raub. pls dun mind.

by the way, i also dun care rental, as i either buy to own or flip, or even keep for yee lai. "lin peh wu lui" smile.gif
simplicio
post Jun 30 2011, 05:39 PM

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QUOTE(clanzkiller @ Jun 30 2011, 06:30 PM)
Personally for Raub,
Sorry bro i'm not siding any side, but to make thing clear, your previous statement proved to everyone that you're twisting your statement and the outcome is different.

At first you claimed that you're buying for investment, again i assumed:
"ok ...noted ..need to give up this d ...will look for other project . thanks.. "

then
"any update ? i want buy lehh............ "
"for me, i like the concept very much ...but i cannot afford in KL city ...
and empire subang studio just like duplex ...i dun like ..."

then
"My gf like the concept and high end condo, her family stay in USJ also ...the other cheap cheap apartment she dun like ...like casa subang, cheap is cheap but layout very ugly ..I ask her to move out to Mont Kiara and stay with me, but he wan stay in Subang area .. so i choose either empire subang or da men ..but da men is my first choice."

So, if you're buying for investment, your debating with others make no sense if you're a genuine investor.
If you're buying for your gf, why u bother ppl talk about rental price as she is going to stay there with no rental given?

So the question now, is...Have you really bought Da Men?
Peace
*
yes...the million dollar question....!!
only the one who stays in a million dollar house can answer!!!
laugh.gif laugh.gif laugh.gif
clanzkiller
post Jun 30 2011, 05:45 PM

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I can said that, the more he commented, the more mistake he made. If somewhat, if it is a reality, he won't be making mistake and mistake all over.

So i'm suspecting, from the first post til the end where he will be back after collecting key, it might be neither of it is.......
mercury8400
post Jun 30 2011, 06:10 PM

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QUOTE(henryhing @ Jun 29 2011, 10:18 PM)
Hey Raub, seriously la bro. I am helping u with good advice here. Please dont talk too much. The more u type the stupider u sound. My point is don't bring mentality from Raub and apply in KL. It wont work. For KL standard, people who sound even remotely close to u should do this; sell off their home ( in ur case is the 1 mil flat/apartment or condo in MK), take the money and move to Da men and stay alone and TFK the whole day.
Btw I am not sure whether ur rich or not, but to me u must know clearly the diff between rich or just thinking/posing as rich. Whatever it is, it don affect me. But by u supporting overprice property pisses me off as I have less chance to invest for capital gain.
I have not invest for almost a year now as i am really gatal and pissed off. Like havent ejaculate for 8 months or so. Hope ul understand..
*
Henryhing,
Just shut yr big fat mouth, ok!
if u dun like, u dun buy, no need to tell others what u think.
Overprice or not is up to the buyers to decide and i personally think the price should be higher....
Otherwise how i'm gonna sell my impian meridian for a higher price.
How am i gonna benchmark my unit price?
F^ off all u people who don't support!
kbandito
post Jun 30 2011, 06:13 PM

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QUOTE(kh8668 @ Jun 30 2011, 04:00 PM)
By LIM CHIA YING
chiaying@thestar.com.my | Jun 30, 2011
Mixed development project to spur growth in USJ

--------------------------------------------------------------------------------

user posted image

New development: An artist impression of da:men’s 400,000sq ft retail mall.
The character and landscape of USJ is set to be significantly changed when a sprawling new mixed development project comes up within the next three years.

The project, called da:men or Gateway, will be developed on a 3.6ha plot of land fronting the intersection of Jalan Kewajipan and Jalan Subang Permai in the heart of USJ.

Once completed by the end of 2014, the project will have serviced apartments, shop offices and a retail mall.

The project was recently launched by Equine Capital Berhad, whose wholly-owned subsidiary Equine Park Country Resort is the developer and Revenue Concept Sdn Bhd, the land owner.

Selangor Mentri Besar Tan Sri Khalid Ibrahim officiated at the event and was later taken on a 2D visual experience of walking through the life-size perspective of the development.

Equine Capital Berhad chairman Tengku Datuk Seri Ahmad Shah Sultan Salahuddin Abdul Aziz Shah said da:men was easily accessible by its strategic location and especially with the proposed LRT station expansion into Subang Jaya.

“It is projected that by 2012, the anticipated USJ population will rise to 1.3mil residents, and it gives us the impetus to target this catchment,” said Tengku Ahmad.

“We want to make da:men the new dimension of modern lifestyle with our innovative mix of offerings in line with the project’s tagline of ‘eat, live, play, work’.

“There has been an overwhelming response from buyers and tenants with 80% of the shop offices already sold. We are happy with the positive response received so far.”

Khalid said he feels the development will augur well for Subang Jaya.

“The per capita income of Subang Jaya, Petaling Jaya and part of Shah Alam has reached an above average level of the national income and it bodes well for consumerism where this project is concerned,” he told a press conference.

He, however, conceded that while the government was in support of the development, there was also a need to ensure adequate transportation system for the mobility of consumers as well as traffic dispersal to handle the vehicle volume.

“The Subang Jaya Municipal Council (MPSJ) has taken this point into consideration and agree that the development can proceed while they monitor the situation.

“The demand for better choice for shopping is also intensified by the availability of colleges that want a higher level of facilities. The quality of urban life in areas of Selangor will also be enhanced,” he said.

When asked if there are any conditions imposed on developers, Khalid said traffic was one of the factors strictly looked into when developers submit their plans.

“I know Subang Jaya people have a qualitative and quantitative voice level but the fundamental thing to note is that we cannot stop development.

“However, we must ensure adequate preparation for foreseen scenarios, and this, I was told by the developer, is why they are looking into additional slip roads to be built for sufficient traffic flow.

“There will also be an LRT station near here and the state is working hard to ensure the dependency of private cars be reduced from currently 90% to perhaps 50%. It’s definitely a long way to go but we have to move towards this,” said Khalid.

Tengku Ahmad said there will be 2,600 carpark bays for the project and they have worked closely with the authorities with regards to traffic in the area.

“Besides the LRT, we’ll be adding two additional lanes at our own cost to widen the existing three-lanes to five in the perimeter of our development,” he said.

Equine Capital Berhad chief operating officer Ranjeet Singh said the developer was taking care of the ingress and egress while acknowledging that they have to find an easier dispersal route because of the congestion caused by the traffic lights at the Persiaran Kewajipan/Kesas highway intersection.

“Traffic concerns will always be there but we have addressed it, like traffic impact assessment studies which have been done,” said Ranjeet.

The retail mall component will measure 400,000 sq ft and will be spread across seven levels each of which is dedicated to different categories.

The service apartments meanwhile will comprise two 23-storey towers of 480 units, while the last component of shop offices will consist of 68 lots built in two, five or six-storeys.


http://www.starproperty.my/PropertyScene/P...Scene/12974/0/0
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1.3 million is so misleading, Kuala Lumpur population is 1.6 million and Selangor is 5.4 million.
What is USJ to reach 1.3 million population by next year?

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