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Investment SQWHERE @ KG SELAMAT SUNGAI BULOH [OWNERS' THREAD], Inner KD. Located close to MRT. By SDB.

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urb7
post Jun 25 2013, 10:03 AM

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QUOTE(McHoong @ Jun 25 2013, 09:53 AM)
i mean SDB incomplete. such as The Hub at ss2 and few more projects
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The term incomplete is a bit misleading.

It's under construction, I believe that's what you meant
urb7
post Nov 11 2013, 04:04 PM

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Just went to the Gallery...like The Hub, so much wow factor in the show unit, evidently the same designer using lots of scandi stuff. Very nice. Sales looks like about 70%.

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urb7
post Nov 11 2013, 05:04 PM

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I visited both galleries, let's just say I spent a WHOLE 10 minutes in Mah Sing's and then left immediately. That development has NO SOUL, no wow factor, just pure Chinaman run-of-the mill development.

But hey, every segment's got their market and fansi. Just today Mah Sing announced a jump in net profit yet again.


urb7
post Nov 12 2013, 10:40 PM

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urb7
post Nov 12 2013, 10:46 PM

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Some points to share

1) There are 2 high rise blocks here(or 3), one being SOVO (being launched), and the other Service Apartment (launching next year), and Retail lots - all sold out except for 1 I think.
2) SDB will retain the Retail block (They call it the Cube) similiar to the Hub for some fine dining (ermm) eateries
3) Can we stay in SOVO? The SA said the DMC will not have any clause to prevent staying - so another grey area
4) SOVO shares all the facilities on the elevated deck (level 8), also all come with one car park. VP in 2018. MRT to be operation in early 2017.
5) Pricing is about below RM800psf average for smallest unit (not sure rebate)
6) Directly linked to the MRT station, about 100 metres. Mah Sing's one is a bit further at 300 metres.
7) The usual SDB wow factor - sculptures from Colin Okashimo

This post has been edited by urb7: Nov 12 2013, 10:47 PM
urb7
post Nov 12 2013, 11:04 PM

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QUOTE(HELLO HELLO @ Nov 12 2013, 11:01 PM)
Very nice sculpture... 100m to MRT very near! Good!. Wah SDB start manage retail lots. So near the rich n famous seirramas n valencia area. Hope they have something like this at cheras south... Now excited to see the 1 near leisure mall.
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Sorry - typo, one of the retail blocks will be retained by SDB, the rest were sold apparently except for 1.
urb7
post Nov 12 2013, 11:07 PM

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urb7
post Nov 13 2013, 05:54 PM

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urb7
post Nov 13 2013, 05:55 PM

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546sf show unit

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urb7
post Nov 14 2013, 03:51 PM

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QUOTE(Glcotan @ Nov 14 2013, 03:41 PM)
gst small thing la...
more serious one if sleep half way at night, bandaraya come and chase you out
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"Sorry - I was working overtime and feel asleep, did I break any rules? Now get out as I need to finish up my work, and thanks for the wake up call ! " biggrin.gif biggrin.gif


urb7
post Nov 17 2013, 11:16 PM

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QUOTE(CMW123 @ Nov 17 2013, 07:18 PM)
So u cannot waer pyjamas to sleep or u need to quickly remove the pyjamas n change before opening the door  tongue.gif
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Can, why not? My office's dresscode is actually pyjamas tongue.gif
urb7
post Nov 18 2013, 08:26 PM

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post Nov 18 2013, 10:55 PM

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The retails units facing the main road, opposite of the MRT station.

1000++ sf show units

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Construction of MRT station across the road of the site

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urb7
post Dec 4 2013, 04:51 PM

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urb7
post Dec 10 2013, 09:46 AM

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QUOTE(simeonelee78 @ Dec 9 2013, 11:30 PM)
SOVO can used as residence?...hmmm hmm.gif
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There are 2 blocks - one being Service Apartment (to be launched next year), and the current launch with is SOVO. Serviced apartment will be launched at RM800psf - but who knows this might trend down due to the slow down in the market. Both SOVO and Serviced Apartments share the same facilities, and has 3-tiered access, almost like another service apartment.

You need to check out the concept to be able to appreciate the value in this. Compared to Mahsing, you can see this is not another run of the mill development. For instance, SDB has engaged London-based firm CarverHaggard (http://carverhaggard.com/) for The Hub as well as SqWhere, as the architect as well. These are some of their works for SDB in Singapore and would expect the same concept here:-

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As for SOVO can stay or not - the House Rules, ie DMC does not state that you can't stay overnight. So again, grey area.

This post has been edited by urb7: Dec 10 2013, 09:47 AM
urb7
post Dec 10 2013, 10:47 AM

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QUOTE(simeonelee78 @ Dec 10 2013, 10:08 AM)
Location...not really apreaciate about it...but building design....no doubt...SDB is one of the top in country.... thumbup.gif
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Gotta agree that the location is far from sexy, I mean, it's Sg Buloh FFK. But if you do drive there along the road now, you can sense it's up and coming, with the hive of construction on the MRT and soon the Kwasaland development, whose first phase will be northern part of the land near SqWhere.

In 4-5 years time, this place will be a different picture.

This post has been edited by urb7: Dec 10 2013, 10:47 AM
urb7
post Jan 13 2014, 03:12 PM

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Sales status updated as of today, 40 units still available, total units 302 units, 87% sold.

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urb7
post Jan 15 2014, 10:55 AM

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Does a transit-oriented development make all the difference?


A transit-oriented development (TOD) is a mixed-use residential and commercial area designed to maximize access to public transport, and often incorporates features to encourage transit ridership. A TOD neighborhood typically has a center with a transit station or stop (train station, metro station, tram stop, or bus stop), surrounded by relatively high-density development with progressively lower-density development spreading outward from the center. TODs generally are located within a radius of one-quarter to one-half mile (400 to 800 m) from a transit stop, as this is considered to be an appropriate scale for pedestrians, thus solving the last mile problem.


Photo from MRT website showing progress at the MRT station, with SqWhere land plot.

This post has been edited by urb7: Jan 15 2014, 10:57 AM


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urb7
post Jan 15 2014, 11:24 PM

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QUOTE(accetera @ Jan 15 2014, 10:01 PM)
Can I repost this with your credit on ptlm?
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Feel free
urb7
post Jan 15 2014, 11:31 PM

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QUOTE(CMW123 @ Jan 15 2014, 10:13 PM)
Maybe have to wait until Kwasa land developed and the MRT starts running...
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EPF’s Kwasa Land to generate RM50 billion in Gross Development Value
Posted on 15/01/2014

Projected GDV of RM50b to be generated over the next 20 years
State to reap economic benefits

PETALING JAYA — The Employees Provident Fund’s wholly-owned subsidiary Kwasa Land Sdn Bhd, tasked with the development of 2,330 acres in Sungai Buloh as master developer, is projected to generate RM50 billion in Gross Development Value (GDV) over the next 20 years.

As a first step, the master plan for the proposed township of Kwasa Damansara has been presented to the State government for their evaluation and approval. With this massive projected GDV, the state of Selangor is expected to prosper as more than 150,000 people move in to live, earn and thrive in this new iconic township.

The vast tract of land has received overwhelming response from developers making it a challenge for the Kwasa Land Pre-Qualification committee to limit the qualifying number to only 60 of the best. Over 150 developers had submitted their credentials and applied for the opportunity to work alongside Kwasa Land during the Pre-Qualification exercise. Tenders for the development of Phase I will be called in February 2014.

“We intend to work with the best and most experienced developers who are required to comply with our urban design guidelines as well as our high standards for creativity and promoting a safe city concept,” said Mohd Lotfy Mohd Noh, managing director of Kwasa Land Sdn Bhd.

As master developer, Kwasa Land will initiate development through experienced partners and collaborators to deliver a township with a difference. It has been positioned as a transport oriented development with three tiers of developers set up to exercise the widest range of development opportunities.

Tier 1 developers are classified as large scale companies with a paid up share capital or shareholders’ fund of at least RM1 billion; Tier 2 developers are medium scale companies with a paid up capital or shareholders’ fund of at least RM300 million, and Tier 3 developers are Bumiputera companies with a paid up capital or shareholders fund of RM1 million and above.

Upon obtaining the necessary approvals from the State authorities, the first parcel of 64 acres will be developed into a modern state-of-the-art town centre and transport hub in a partnership with Tier 1 developers. The town centre shall comprise 70 per cent commercial and 30 per cent residential components, with the added advantage of having two MRT stations built within its confines for the benefit of residents and commuters within Klang Valley. The successful partner in developing this town centre will be based on the merits of their design proposal and financial consideration.

In addition to the town centre, residential developments of approximately 10 – 20 acres each will also on a similar basis, be tendered out to Tier 2 and Tier 3 Bumiputera developers. These parcel sizes are maintained to ensure that the supply and demand for the properties are kept in control to match market conditions.

Although the 2,330 acres of this township development falls under the jurisdiction of two local councils, the State government through its State Planning Committee has agreed that one integrated master plan for the entire development be considered for approval.

The first three developments which will take place within the first two years come under the jurisdiction of the Majlis Bandaraya Shah Alam (MBSA).

“An additional allocation of 30 acres will be considered by the EPF to build a corporate park in a garden setting with the first phase for its corporate office. The goal is to spark a catalytic project to attract other corporate players and government agencies to locate or relocate their offices here in our development.”

Kwasa Land’s proposed land distribution “formula” shows the following percentage breakdown: 42 per cent for residential, 11 per cent for commercial, 7 per cent for mixed use, 11 per cent for green and open space, 23 per cent for infrastructure and 6 per cent for community facilities

The entire township project would be developed into eight precincts, each to have its own urban design guidelines. Based on this structural division of land, Kwasa Land is projecting land sales revenue of approximately RM11 billion for 1,350 acres to public limited companies, government-linked companies, private developers as well as Bumiputera developers. In addition, Kwasa Land is likely to invest in equity participation in most of the precinct areas to generate greater returns and to ensure conformance of the urban design guidelines.

Acquired at RM2.28 billion in 2012 from Lembaga Getah Malaysia, Kwasa Land aims to build a township that has a unique concept. Top of the urban design guidelines list is the preference for a three-pronged approach: Green, Connectivity and Inclusiveness or GCI for short. This is a clear indication of how urban design and building plans will achieve a tangible and sustainable trademark for the new township.

A compelling factor that drives the uniqueness of the township lies in the fact that it has multiple MRT stations, four highways that connect the development including the future DASH Highway that will traverse the township and future connections to the KTM Komuter service. In addition, the Subang SkyPark air terminal is located nearby at the South-West fringe. All these make the new township’s connectivity unparalleled.

To date, the MRT has started their construction, a plus point for the Kwasa Land planners as seldom do transport companies establish such a prior commitment, that is, before a township gets built and developed.

“In our case, this development will evolve naturally around the two MRT stations that have been planned,” added Mohd Lotfy.

Kwasa Land has earmarked and will undertake provisions for all ‘backbone’ infrastructure, common facilities and centralized amenities, and eight thematic landscaped parks to be enjoyed, green buildings, community facilities, a proposed common utility tunnel (CUT) that encourages a no-digging policy, central command centre and efficient sewage and disposal systems for both residential areas and commercial hub centres.

“People want a great list of things in their neighbourhood – green space, efficiently managed facilities and amenities, close radius to basic vendors and suppliers, accessibility, minimal pollution, all round safety, 24/7 security, centralised buildings for community use and more.

“We aim to consider all these needs and have in fact, incorporated them in the master plan including a 5.5 km linear park, in our effort to provide an improved quality of life and elements of liveability in our neighbourhoods. It is not a wish list but a feasible agenda as we have worked it out on our drawing board. It is all about achieving the right balance – as will be prompted in our planning and designs.

“The thrust is to provide a holistic and integrated development, which will require us to closely build and manage the development from start to finish or from drawing board to drawing room in the home. There is a high level of developer compliance, which will be spelled clearly in the developers’ urban design guidelines,” added Lotfy.

Kwasa Land aims to provide homes and residences totaling 28,000, comprising all types. This is translated into the township supporting about a 150,000 people who live and work in Kwasa Damansara. Its land distribution also shows that close to 50 million sq feet of commercial space will be created – an entrepreneur’s deligh

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