see the pictures i posted, got the numbers there

This 700sq.ft for 380k is after discount.. very expensive.. not worth .. developer is very very new.. a risk !!!

Can anyone share what is the psf of the surrounding development?

Surroundings are old flats and shop lots.

got 2 condos around..

The prices of the two condos?

with walking distance to lrt seem better buy than kiara east?

Developer not only new, very greedy also.

Hi taithinye.

if it's 380k lowest for 700 sqft, its about RM542/sf. Good for Star LRT takers. If wanna go to Putra LRT, then transit at Masjid Jamek. MRT is close by but if want to walk, it may take more than 15 minutes walk just to go MRT.

If compare with new development, say Desa Green Tower 3 by UOA, cheapest is Rm413k for 604sf and got 5% discount too. So, the after discount price is RM650/sf. the location is nearby Taman Desa. Good for ppl with cars but may not be good for public transport for now.

For this shamelin development, the location wise is okay. The price incorporated the premium for the location and maybe the design but liek u said, the concern is on the developer.

Right now the price for the shamelin old apartments can go for RM240k+- which was like a few mths back. Rental picks up around RM1.2k+- for 1ksqft. So, if wanna buy this development for that price, i would think buying subsale old apartment is better. Maybe put in like RM30k for renovations etc, then can rent out higher? the only drawback is that its old run down apartment but for me its compensated by the ease of location.

This post has been edited by cadmus: Jan 6 2013, 12:16 AM

If they r selling @ such a price probably they r digging their own grave with 600 over units available & some more a new player in the market without any existing loyal customer to support the project. Joke aside as we know loan is so difficult to approve now adays comparing 2 years ago & 2 rooms 700sf residence u can't fetch 2k rental with those surrounding rundown shop. Maybe I'm wrong pls give ur view if u find it BBB...

Saw brochure for bayu pandan jaya which is much nearer to pandan jaya lrt, the minimum price is 450k. Anybody know what is the size and price psf. Anyone like to compare shamelin and bayu.

landed near by is abt 400k which got 20++ years old.

Bayu pandan(300 units) is 1070 sf, price about 450 psf onwards. Shamelin soho(600 units) 600-1200 sf, about 540psf?
location wise, bayu is just beside lrt station and also the track. low level units will be affected by lrt track noise. someone says that noise travel to high units in tall building too?
there'll be a total of ~1000 units upon vp. i think bayu pandan high units will be more suitable for rental play. it all depends on final pricing of shamelin soho.

Thanks for sharing. So how is the sales of bayu pandan?

Need to find out more information on the developer as this is crucial especially when this is their first project ( base on infor given by someone earlier). What is their background and other relevant infor in order to have some inkling as to their financial strength. Property investment is a big ticket item for most and we should avoid if risks is too high. There are numerous other property projects in the pipeline. No need to hurry..

Guys, I am new here. However, my info will be closed to the fact. Total 630units. Though called SOHO residences, project is governed under HDA. Be prepared for not less than 500psf. Early bird discount will be given. No DIBS though. Developer claims min price is 330k for the smallest unit. Need not worry about the developer background. Perduren Berhad is controlled by Tan Sri David T.S. Law. He is wealthy enough to assure project completion. Project located exactly behind ING insurance building, currently occupied by a car wash business. It is built on commercial land, so it's a service residence with higher water and electrical bill charges, as well as quit rent and assessment. Compare to Sunway Velocity, the price is still not bad. Of course, SV has everything under 1 roof la.

100% agreed with you !!!

Nice area...jt that surounding full of factories and dead shops....might impose bad impresion..besides that easy access to maju expressway..bukit bintang....mrr2....anf most of the connecting roads....furtheremore it will face competition with bayu as it will b completed earlier n closer to the lrt station...and ppl might grab this instead sunway velocity over priced which is jt around d corner......may b it will b ppls choice to choose shameline in term of price....