Earlier:

CRSC Group joints venture YWPKL to redevelop 8 acres land "MRT-linked" development on Jalan Peel, Cheras

A Joint-Venture Project with Yayasan Wilayah Persekutuan Kuala Lumpur (Land Owner) to develop a 8 acres land located in Jalan Peel in the vicinity of Kuala Lumpur. The propsoed development will encompass a mix of high quality commercial towers with a comfortable and safe environment complete with green landscapes, efficient internal circulation systems and infrastructure. The development will be serviced by an MRT station and LRT station. This development is expected to have an estimated GDV of RM1 billion.

Website: http://www.crscproperty.com/Future-D...emon-Tree.aspx

CRSC Group joints venture YWPKL to redevelop 7.8 acre land "MRT-linked" development on Jalan Peel, Cheras

A Joint-Venture Project with Yayasan Wilayah Persekutuan Kuala Lumpur (Land Owner) to develop a 7.8 acre land located in Jalan Peel in the vicinity of Kuala Lumpur. The propsoed development will encompass a mix of high quality commercial towers with a comfortable and safe environment complete with green landscapes, efficient internal circulation systems and infrastructure. The development will be serviced by an MRT station and LRT station. This development is expected to have an estimated GDV of RM1 billion.

Website: http://www.crscproperty.com/Future-D...emon-Tree.aspx

This one is IKEA?

This one is IKEA?

nope

CRSC Group joints venture YWPKL to redevelop 7.8 acre land "MRT-linked" development on Jalan Peel, Cheras

A Joint-Venture Project with Yayasan Wilayah Persekutuan Kuala Lumpur (Land Owner) to develop a 7.8 acre land located in Jalan Peel in the vicinity of Kuala Lumpur. The propsoed development will encompass a mix of high quality commercial towers with a comfortable and safe environment complete with green landscapes, efficient internal circulation systems and infrastructure. The development will be serviced by an MRT station and LRT station. This development is expected to have an estimated GDV of RM1 billion.

Website: http://www.crscproperty.com/Future-D...emon-Tree.aspx

ecin kor,

This is which part of Jalan Peel? Opposite Velocity?

Very strategic location with upcoming mega project around.... Just wonder where is this 7 acre land located.....

There are 2 parts to Jln Peel ie Part A = Velocity and the land opposite it, Part B = Aeon Big, Convent Peel Road, the opposite shophouses and PPR.

I guess Lemon Tree is the land opposite Velocity where there is a stretch of squatters, workshops and restaurants up to right before the IPD Cheras. 

I think you are right on the location...

My parents and I were borned and raised in jalan peel, that place brings back nostalgia....

Any updates on the location for this?

This project off already?

That one is this https://forum.lowyat.net/topic/2890694

Is this project located just next to the Maluri Shops there? Nearby Hong Leong, and next to the traffic light. Saw some apartment coming up. Was wondering if it is those "affordable house". Heard also the hear say about IKEA coming into this area. Or this condo rest on the same piece of land as IKEA.

this should in the range of 700-800psf....affordable?...well depends u compare to which development nearby....hahahah

haha if anything less than 900psf sure sapu kering..heard high density apartments above ikano gona be priced above 1.2k.. Wanna see the rental for velocity phase 1 without the mall mrt etc

ikano side will be 1.3k min....

rental for velocity about 3k to 3.5k.....but problem is other surroundings incomplete, so may drop to 2.5k to 2.8k or worst....

Butt boss,

Saw one unit going for 1.5milllion 1.4k sqft.. unit facing other construction so must suffer for a few years.. bad bad deal to buy now  

Office for rent RM5.50psf... ambitious pricing but let's see the occupancy after 6 months..

Not sure about the exact location.. dis one doesn't sound affordable to me.. IKEA 100% confirm.. supposed to open in 12 months (oct/nov) but latest by q1 2016     

I don't expect affordable homes to be near the 3rd or 4th biggest Ikea in the world   

I guess, if it is a new project surely there will be some sign board put up. But I didn't notice if there is any.
The outlook is just very ordinary. Some more there are some existing KPKT(?! government flat/apartment) nearby already. (nearby the Petronas)

I guess, if it is a new project surely there will be some sign board put up. But I didn't notice if there is any.
The outlook is just very ordinary. Some more there are some existing KPKT(?! government flat/apartment) nearby already. (nearby the Petronas)

yes i still think the resi here wont jalan cos the surrounding areas are poor to lower middle income.. looks very bad n messy from afar. Won't stay there even with MRT. Eko cheras sounds like a better deal, just a few stops away 

this place i will invest heavily for next few years....oledi put one flage inside...hope another 2 or three...

Wah.. i will avoid this area unless the surroundings can be redeveloped la.. Different people different taste 

yup...if everything is developed ...the price will be different liao...

buy for long term...nothing to worry.....if you try to study the whole development in this area n nearby 5km radius... n look into the connectivity of this area...ur prepective will be different...

yes very familiar with the whole development.. I've seen some numbers, tenants, asking rental, list of station, connectivity etc.

Like u said, this one is a long term thing with Velocity, TRX, Ikea+Ikano, TREC all in one area. V suites still got any units ah?

seen some workers doing soil testing few weeks back.....still got squatters staying on land for development.....yet to move out.....probably  by mid year or year end......by then will be too costly to consider......

Is it the land opposite the new Sunway Velocity sales gallery? Across Jln peel?

behind new PDRM building

behind new PDRM building

this place i will invest heavily for next few years....oledi put one flage inside...hope another 2 or three...

Which one you bought? I hope to get another one too .. 

Buy another Sunway Velocity?

Sunway Velocity Two will have more serviced apartments, roughly 70% of its masterplan.

super greedy, my velocity 1 apartment still cannot find ppl to rent, shxx now wan build another how many units to dilute the market....

Learnt the lesson hard way, no more Suxway

super greedy, my velocity 1 apartment still cannot find ppl to rent, shxx now wan build another how many units to dilute the market....

Learnt the lesson hard way, no more Suxway

super greedy, my velocity 1 apartment still cannot find ppl to rent, shxx now wan build another how many units to dilute the market....

Learnt the lesson hard way, no more Suxway

Nowadays Mega size mall cannot do Liao lar. Lagi mau expension.. memang gorek jialat lobang Cari Mati.

Nowadays Mega size mall cannot do Liao lar. Lagi mau expension.. memang gorek jialat lobang Cari Mati.

probably the extension have specific biz in mind.
i.e. exhibition centre, tourist attraction hub (maybe an ice skating rink? or something), hotel, and of course complimentary retail lagi lah.

but got many die hard fansi buy still wor.singing while buying too. not sure for what. trophy collection also dont buy here lah.

side note im told phase 1 velocity residence suffer maintenance problem. by owner.

what do u mean suffer maintenance problem? as in rent received unable to cover the maintenance fees?

Sunway Property to launch RM2b worth of
residential properties in 2018

KUALA LUMPUR (Feb 8): Sunway Bhd’s property arm, Sunway Property, plans to launch RM2 billion worth
of residential properties across eight locations this year. This is nearly double last year’s figure of RM1.1
billion.

The group also plans to launch about RM610 million worth of new investment properties, including healthcare,
commercial, hospitality, education and investment assets, in the developer’s townships and major integrated
developments.

Sunway Property managing director Sarena Cheah said homebuyers and investors will see many opportunities to
capitalise on the group’s integrated townships and developments this year.

“We will also look to help new homeowners capitalise on the many opportunities we are offering to be part of
our growing and vibrant communities,” she said at a media briefing.

The launches include Sunway Citrine Lakehomes, Sunway Onsen Suites, Sunway Geo, apartments in Sunway
Velocity TWO and Sunway Wangsa Maju, designer shops in Sunway Wellesley, condominiums in Sunway
Tianjin Eco City in China and Sunway Rivercove Residence in Singapore.

“We will continue to focus our efforts on our integrated development and townships, where we have seen good
take up rates for most of our launches,” Cheah said.

At the same time, Sunway Property has launched its new Under The SUN Certainty+ financing campaign to
offer purchasers and investors a convenient way of participating in the group’s growing communities.
The campaign features a low down payment, cash rewards during construction period, guaranteed loan by the
group, deferred payment, voluntary exit plan and differentiated sum installments by the developer.
Cheah said the group is also on the lookout for more landbanks, following the securing of 37.4 acres last year.
Currently, the group’s landbank stands at 3,305 acres, with a total gross development value of RM53 billion.
Some 56% of the landbank is located in Johor, 30% in Klang Valley and 6% in Penang.

Hearsay from Sunway SA, SV2 residences starting size from 600sf to 1200sf, tentative average price from RM950psf. Anyone can confirm?

I just came back from its property gallery just across the road from Sunway Velocity. The sales staff mentioned that the tentative average price is between RM800/sf - RM850/sf. As for unit sizes, I saw a 635sf units along with some 8xxsf and 9xxsf units and the larger ones are 1,045sf and 1,281sf. Just note that some of the smaller units are dual-key 1 + 1 types. Bigger units are the normal type. Land title is LH and commercial title.

This project will launch either at the end of this month or early next month based on the sales staff stationed there and I did see piling machines doing their work at the project site dy.

Anyone have any idea how much is UNA selling in term of PSF wise?

When I first received the notice from the SDB sales staff late last year, the early bird pricing is around RM 880psf - RM 900psf. Maybe now could've gone up dy.

Dropped that project in the end coz most of the units are 1 - 2 bedroom units while the the 3 bedroom is more like a dual key unit.

If SV2 really price at 800psf - 850psf, for sure UNA buyers will feel the pain.

Do you have any idea about the cover walkway for SV2 residents walk to MRT? only notice SV2 going to have few link bridge to the SV Mall but how about MRT?

SV has already built up the link bridge...so walk into SV before choosing either Maluri or Cochrane station...

If SV2 really price at 800psf - 850psf, for sure UNA buyers will feel the pain.

Do you have any idea about the cover walkway for SV2 residents walk to MRT? only notice SV2 going to have few link bridge to the SV Mall but how about MRT?

Not only UNA, but also SV and One Cochrane buyers.

The only problem, outside of the surroundings, is the potential for the KL city and TRX view to be blocked by proposed 2 buildings in front of it for the left block. Right block seem to have an unblocked view, tho. Those units facing Cheras, on the other hand, will have to contend with Lavile blocking it, tho.

Wahhh...then the walking distance to MRT through SV Mall is definitely far compare with the distance via cheras police station (direction to AEON Maluri).

I just came back from its property gallery just across the road from Sunway Velocity. The sales staff mentioned that the tentative average price is between RM800/sf - RM850/sf. As for unit sizes, I saw a 635sf units along with some 8xxsf and 9xxsf units and the larger ones are 1,045sf and 1,281sf. Just note that some of the smaller units are dual-key 1 + 1 types. Bigger units are the normal type. Land title is LH and commercial title.

This project will launch either at the end of this month or early next month based on the sales staff stationed there and I did see piling machines doing their work at the project site dy.