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 Why is Damansara Perdana price low?, about RM3xx/sq ft for condo

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SUSworgen
post Nov 21 2012, 05:18 AM

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dupe account?
Covillea
post May 29 2013, 03:33 PM

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Armanee Terrace II, Damansara Perdana

Armanee Terrace II (Armanee Terrace 2) is the most expensive condominium in Damansara Perdana enclave. This double-storey Duplex condo is the successor to Armanee Terrace I. It is another project by MK Land, which was targeted to the higher-end market.

Every units in Armanee Terrace II is a Duplex (2-storey), which comes with a very big terrace. About 20% of the terrace is tiled, while the rest is some 20-25 cm thick soil to give each residents their very own garden. This is what the developer meant with their marketing statement for this condominium “Your Garden in The Sky”.

Coming with a Balinese concept, the Balinese ambiance is very obvious especially around the swimming pool area which is decorated with wooden furniture and surrounded by plenty of trees. The lobby area, still with Balinese feel, is very grand with beautiful glasses and floor tiles.

Located towards the end of Jalan PJU 8/1, next to a hill and surrounded by a lot of trees, residents of Armanee Terrace II always get to enjoy a clean and refreshing air. Being only about 2 km away from famous shopping complexes such as IKEA, Tesco, The Curve and 1-Utama, many people will find this place very convenient to stay.

Property Details
Name: Armanee Terrace II
Address: Jalan PJU 8/1, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Developer: MK Land
Completion Date: end-2013 (estimate)
Type: Condominium
Tenure: Leasehold
No. of Blocks: 1
No. of Units: 518
Built-up: 2,641 – 9,779 sf
Launch Price: RM380 to RM480 psf
Layouts
Type A (2,641 sf)
Type B1 (2,976 sf)
Type C (3,209 sf)
Type D (9,779 sf)
Type E1 (2,758 sf)
Type F1 (3,126 sf)
Type G1 (3,126 sf)
Facilities
Swimming pool
Wading pool
Gymnasium
Squash court
Tennis court
Badminton court
IT room
Games room
Surau
Children’s playground
Spa & sauna
Reading room
Meeting room
Barbeque gazebo
Common car wash bays
Jogging track
Pebble walk
Market Trends


Price per sq ft (May 2013) - circa RM500.00
WayneLee828
post May 29 2013, 03:43 PM

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Did you guys went into the site to have a look? The made the hills botak already!

omgimahero
post May 29 2013, 03:45 PM

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From: google.com


perdana got studio unit?
giovanni
post Jul 20 2013, 08:45 AM

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Bought a new unit in Block B msq a month ago. Im very happy with the landscaping of this area esp the well lit trees along the main road at nite. Empire Damansara looks so pretty at night too. Completion of Empire City may make it another midvalley of PJ. So looking for to moving in!

This post has been edited by giovanni: Jul 20 2013, 08:45 AM
acbc
post Jul 20 2013, 08:52 AM

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MK? Good luck la... lousy developer never completes anything on time. When time to collect LAD, they all sort of excuses. After u drag them to Housing Tribunal, then only they pay... in installments.

During DLP, any defects found never rectified. Have to wait for weeks or months then only take action. Reason? They didn't pay the contractors.

Property price better drop like bomb for anything by MK.
Maxiii
post Jul 20 2013, 02:34 PM

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QUOTE(acbc @ Jul 20 2013, 08:52 AM)
MK? Good luck la... lousy developer never completes anything on time. When time to collect LAD, they all sort of excuses. After u drag them to Housing Tribunal, then only they pay... in installments.

During DLP, any defects found never rectified. Have to wait for weeks or months then only take action. Reason? They didn't pay the contractors.

Property price better drop like bomb for anything by MK.
*
Funny how I came across this post right after having lunch with two different contractor bosses sharing the same view! They both mention how they had to take more than three years to close their final accounts when it comes to MK Land when it normally only takes slightly more than one after CPC. Both vowed never ever to deal with MK Land again!
hondaracer
post Jul 20 2013, 03:12 PM

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is there any 1900 sqft unit in Damansara Perdana? Any around 750k? PM me pls.
acbc
post Jul 20 2013, 04:26 PM

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QUOTE(Maxiii @ Jul 20 2013, 02:34 PM)
Funny how I came across this post right after having lunch with two different contractor bosses sharing the same view! They both mention how they had to take more than three years to close their final accounts when it comes to MK Land when it normally only takes slightly more than one after CPC. Both vowed never ever to deal with MK Land again!
*
MK will sweet talk with contractors at first then when it comes to payment, empty promises. Excuses like person in-charge not around, sudah resign, boss tak sign cek and other loads of BS. Worse than a devil! mad.gif vmad.gif
CMW123
post Jul 20 2013, 05:00 PM

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QUOTE(Covillea @ May 29 2013, 03:33 PM)
Armanee Terrace II, Damansara Perdana

Armanee Terrace II (Armanee Terrace 2) is the most expensive condominium in Damansara Perdana enclave. This double-storey Duplex condo is the successor to Armanee Terrace I. It is another project by MK Land, which was targeted to the higher-end market.

Every units in Armanee Terrace II is a Duplex (2-storey), which comes with a very big terrace. About 20% of the terrace is tiled, while the rest is some 20-25 cm thick soil to give each residents their very own garden. This is what the developer meant with their marketing statement for this condominium “Your Garden in The Sky”.

Coming with a Balinese concept, the Balinese ambiance is very obvious especially around the swimming pool area which is decorated with wooden furniture and surrounded by plenty of trees. The lobby area, still with Balinese feel, is very grand with beautiful glasses and floor tiles.

Located towards the end of Jalan PJU 8/1, next to a hill and surrounded by a lot of trees, residents of Armanee Terrace II always get to enjoy a clean and refreshing air. Being only about 2 km away from famous shopping complexes such as IKEA, Tesco, The Curve and 1-Utama, many people will find this place very convenient to stay.

Property Details
Name: Armanee Terrace II
Address: Jalan PJU 8/1, Bandar Damansara Perdana, 47820 Petaling Jaya, Selangor
Developer: MK Land
Completion Date: end-2013 (estimate)
Type: Condominium
Tenure: Leasehold
No. of Blocks: 1
No. of Units: 518
Built-up: 2,641 – 9,779 sf
Launch Price: RM380 to RM480 psf
Layouts
Type A (2,641 sf)
Type B1 (2,976 sf)
Type C (3,209 sf)
Type D (9,779 sf)
Type E1 (2,758 sf)
Type F1 (3,126 sf)
Type G1 (3,126 sf)
Facilities
Swimming pool
Wading pool
Gymnasium
Squash court
Tennis court
Badminton court
IT room
Games room
Surau
Children’s playground
Spa & sauna
Reading room
Meeting room
Barbeque gazebo
Common car wash bays
Jogging track
Pebble walk
Market Trends
Price per sq ft (May 2013) - circa RM500.00
*
When vp? Delayed so long?

hondaracer
post Jul 20 2013, 11:55 PM

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So in Damansara Perdana,

Armanee is top condo > Perdana View > Perdana Emerald??

Any comments?

Maxiii
post Jul 21 2013, 12:03 AM

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QUOTE(acbc @ Jul 20 2013, 04:26 PM)
MK will sweet talk with contractors at first then when it comes to payment, empty promises. Excuses like person in-charge not around, sudah resign, boss tak sign cek and other loads of BS. Worse than a devil! mad.gif  vmad.gif
*
omg! Exactly the same experience!
hondaracer
post Jul 21 2013, 12:33 AM

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QUOTE(WayneLee828 @ May 29 2013, 03:43 PM)
Did you guys went into the site to have a look? The made the hills botak already!
*

U mean half bald? 😄😄

Hope they will landscape that part of the hill after completion of building. 💡💡
hondaracer
post Jul 21 2013, 09:54 PM

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Any duplex units at Perdana Emerald? Pls PM me.


cheahcw2003
post Aug 3 2013, 12:46 AM

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QUOTE(CMW123 @ Jul 20 2013, 05:00 PM)
When vp? Delayed so long?
*
Armanee terrace 2 scheduled to be VP by this year end, out of 3 wings, 1 wing already completed.
According to the sales, the delay is because MK land build 1 wing, and sub out the 2 wings to Empire group, and Empire group has cash flow issues, having too many projects in one go.
cheahcw2003
post Aug 3 2013, 12:48 AM

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QUOTE(hondaracer @ Jul 20 2013, 11:55 PM)
So in Damansara Perdana,

Armanee is top condo > Perdana View > Perdana Emerald??

Any comments?
*
In terms of pricing, YES
cheahcw2003
post Aug 3 2013, 12:51 AM

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QUOTE(hondaracer @ Jul 21 2013, 09:54 PM)
Any duplex units at Perdana Emerald? Pls PM me.
*
Only the top floor of Perdana Emerald got duplex.
CMW123
post Aug 4 2013, 08:58 PM

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QUOTE(cheahcw2003 @ Aug 3 2013, 12:46 AM)
Armanee terrace 2 scheduled to be VP by this year end, out of 3 wings, 1 wing already completed.
According to the sales, the delay is because MK land build 1 wing, and sub out the 2 wings to Empire group, and Empire group has cash flow issues, having too many projects in one go.
*
The most interesting to know now is whether they will pay LAD, discounted or in full?

The LAD will probably be more than the price appreciation...

MK Land now probably in better cashflow position than Empire...
cheahcw2003
post Aug 5 2013, 09:59 AM

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QUOTE(CMW123 @ Aug 4 2013, 08:58 PM)
The most interesting to know now is whether they will pay LAD, discounted or in full?

The LAD will probably be more than the price appreciation...

MK Land now probably in better cashflow position than Empire...
*
Yes u r right. Mk land cash flow improved a lot.
They are the main land owner in Cyberjaya via the subsidiary Setia Haruman. They hv made a lot of money from selling of land for developments.
bb68
post Nov 26 2013, 05:14 PM

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wonder if the lift stops at each floor or every alternate floor.. i mean if upper storey has its own access?

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