Property news source: https://renthouz.my/news-hub.

A new mixed development.

Private launch coming soon.

This post has been edited by accetera: Jun 28 2024, 11:49 AM

Ara Damansara?

https://forum.lowyat.net/index.php?showtopi...403943&hl=klgcc
not same?

should be same land...

park

double parking...

*Sorry, sometimes single parking really doesn't get any notification*

This post has been edited by cybertechmkteo: Mar 23 2016, 10:43 AM

PARK, MORE INFO PLS...

This project is led by Brunsfield (jv Sime), two parcels of land part of Sime Darby's KLGCC Resort masterplan (many land parcels carved out for condos and mixed dev for next 10 years).

Since this is led by Brunsfield, hence it will be differentiated from the rest solely led by Sime Darby Property.

***


Parcel 1 consists of:

1) 5-level Retail Mall and Boulevard and 4 levels of Basement
2) Two blocks of Premium Service Residence (total 429 units)
3) 1 block of 23-storey Office Tower

Location is next to Sime Darby Convention Centre.

Launching soon in mid year.




Parcel 2 in future.

This post has been edited by accetera: Mar 23 2016, 11:32 AM

This one JV with Brunsfield and it is nearer to the MRT station. Jendela is by SDP alone located further away from the station.

Another mall?? Whoa...so many malls in Klang Valley

parking ~

any idea on sizes and prices for the premium Service Residence?

Let u all guess the indicative psf pricing....

1,200 psf

1.4k psf

1.3k psf

1100.

not enough critical mass to justify the mall ler.....

too much malls supply in KV area.

build another one to add supply

Which MRT station? The MRT1 stn at Phileo is not within walking distance. You referred to the circle line? But it can be anywhere.

another mall. pls bungkus it and do something more imaginative psf how much also i dont want mall apts liao no matter who the dev unless mall up and running and performing. we can see 2 big names in malaysia mall struggle like hell this year and still mall mall mall

This post has been edited by HarpArtist: Mar 23 2016, 02:01 PM

they have just submitted the plan to OSC.. I include some details here...

KLGCC RESORT

parking

KLGCC Resort rebranded as ALYA Kuala Lumpur
The Edge Financial Daily | August 23, 2016 : 10:19 AM MYT
http://www.theedgemarkets.com/my/article/k...ya-kuala-lumpur

KUALA LUMPUR: Sime Darby Property Bhd, the property arm of Sime Darby Bhd, said it is changing the name of the 360-acre (145.69ha) Kuala Lumpur Golf & Country Club (KLGCC) Resort located in Bukit Kiara here to ALYA Kuala Lumpur, as part of a rebranding exercise.

Sime Darby Property managing director Datuk Jauhari Hamidi said spanning a total of 360 acres, ALYA Kuala Lumpur has a total gross development value of over RM8 billion.



He noted that excluding the golf club, the property developer has a remaining 61 acres of the 99-year leasehold land for further development.

It has divided the land into eight development parcels comprising residential, commercial, retail and hospitality components.

“ALYA Kuala Lumpur encapsulates the last piece of prime property in the capital, and it is an address that many people are waiting for,” he told reporters at the unveiling of the new brand identity recently.

“With the launch of this refreshed brand identity, we seek to create a new global model of Malaysian luxury lifestyle brands that can be replicated worldwide,” he added.

Jauhari said the first development within ALYA Kuala Lumpur is scheduled to be launched by September this year.

Dubbed “Senada”, the project will feature two residential towers with 429 units of serviced apartments and suites, priced between RM1,100 per sq ft (psf) and RM1,200 psf.

Jauhari said Sime Darby Property is “mindful” of the current slowdown in the property market, but he believes prices in ALYA Kuala Lumpur will appreciate in the future.

He also revealed that the company is in talks with Mass Rapid Transit Corp Sdn Bhd to have a provisional MRT station in Bukit Kiara in order to add value to property in ALYA Kuala Lumpur.

“ALYA Kuala Lumpur integrates modern luxury living, space-planning and best-in-class facilities into the natural topography of a verdant, tropical setting, giving its communities the time, space and experiences beneficial to their well-being,” he said.

“As one of Malaysia’s top property developers, we remain committed not only to maintain our leadership position in the industry, but also to remain as a trusted developer of the highest standards in quality,” Jauhari added.

priced between RM1,100 per sq ft (psf) and RM1,200 psf

good or bad?

leasehold though.

if absolute circa RM1.3m then not too bad.
this station is rumoured to be the hub for mrt line switch.

if got golf view, then really not bad liao.

mall mall mall mall with same old tenants almost everywhere..

No more jv with brunsfield? Provisional mrt stn? Phase 1 sg buloh/ kajang line going into operation year end, still can build stn? Jendela change name d?

This post has been edited by BRE: Aug 25 2016, 08:49 PM

Open for Registration ared.

What is the size offered?

got landed props?

So ALYA is the name of the development? Perhaps similar to bangsar south concept..

parking for more information.

In future, I think they will have strata-landed properties, i.e. townvillas and semi-Ds.

Don't think so bro as sa said only high rise, no landed

Masterplan:

Layout available ?

Perhaps you can go visit the property gallery there. Launching for public starts 10 Sep Sat.

Booked 1 unit 958 sqft 8th floor for slightly less than 1.2m after 8% discount. Booking fees 10k payable with CC.

Comes with 2 cp, wardrobe, kitchen cabinet, hood, hob, air con and hot water. Also included 10 year social membership with KLGCC/TPC KL golf club.

Its leasehold and units range from 710 - 958 sqft. Either facing facilities(south west) or Sprint (North East)

The proposed Bukit Kiara MRT station is basically an additional station onto the existing MRT 1 line without the need of additional track

Around 70% sold.

IMO location wise, alot better than the high end projects in Kota Damansara and DPC at similar prices.

Layouts and scale model attached.




This post has been edited by tetsu: Sep 11 2016, 02:47 PM

Congrats bro! Did u compare with jendela residence? D proposed stn is confirmed will be built or remain a proposal only? Tot lifetime membership will be given!

This post has been edited by BRE: Sep 11 2016, 06:17 PM

Not much info on Jendela to compare with..The station is still "proposed" but I'll believe it when I see it lol. Honestly its no deal breaker and Sime Darby has another development connected to the proposed station. I tried to check with 2 sales staff and both couldn't confirm to me.

Back to Senada, it's going to be way less dense than KD/MK/DPC/BS/KL ECO CITY so you're not going to be stuck at your doorstep because of traffic. There's only 429 units (Tower A & B) and up to 22 floors only (incl. carpark and retail floors). Most developers build at least 30+ floors these days. Compared with recent "premium/luxury" launches within KV, the price is "reasonable".

We all wish it was a lifetime membership with golf lol...but that costs 2-300k each now because KLGCC dont' issue them anymore.

I read that their east residence/turnberry villa only sold 40 units out of 112 units since launched 2011. This is real bad, sime darby must have grossly misread the market and pricing. Will it be the same for this senada as well ?

Congrats to purchasers. Overwhelming response for premium property market.

Wow rm1,200 psf for a leasehold mid-size condo must be a record since most surrounding properties here are freehold. Developer must be lying claiming 70% sold to attract water fish.

As for you as a buyer, thx for helping set a record in this area, since i own a property nearby too.

This post has been edited by value_investor: Sep 11 2016, 11:13 PM

Whatever makes you happy, mate

DPC where got 1200psf condo? Westside 3 was launched last year and priced from 630psf, half the price of Senada. The upcoming R2 next to Arcadia is 800psf onwards.

Senada 958sf comes with 2 car park whiles the rest only 1 car park. Location is very prestigious. 70% sales is booking, but believe most will go ahead and sign SPA.

My friend bought 3 units yesterday. 2 710sf and 1 958sf all facing golf, 8% off for the first unit and 10% off for the other 2 units.

4 million each man.....

Well done on getting a unit! Similarly, I am interested in getting a unit there as well for investment purpose. If you don't mind sharing, it would be great to get your view as to why u chose this development over some other which are around the same vicinity. I have been researching on the few developments in Damansara height (e.g DC, Twins, Pav. DH) and I wonder if part of your decision was also due to the fact that price has gone up to 1500psf++ just half a station away.

The fact that it is quite low density compared to many others is quite appealing, not to mention the golf view u will be getting & preserved since it is unlikely another tall building of some sort will mushroom up.

Would u be targeting expats or MNC workforce in KL city or DH as most potential tenants? Thanks!

Did u c d jendela show unit? It's sdp's own prop competing with senada, their jv project with brunsfield so I wonder how they r going to price it? This is more prestigious than nearby projects like mk so price definitely more premium

This post has been edited by BRE: Sep 12 2016, 10:56 AM

There's OCP/Breezeway that starts from 1k psf, still with developer units after several years via their website with easy ownership scheme. I guess now Samling is concentrating on their "less premium" products priced below their previous launches to entice new buyers.

Honestly, its tough to tell how it's going to perform being the first condominium next to KLGCC. For investment purposes, best to get the smallest unit at 710 sqft. There's a lot of integrated/TOD developments attached to MRT/LRT stations, but most of the time, it's priced way higher than nearby developments, high density that translates to high congestion, high maintenance and 1 or no carpark given to small units. Just look at Pavilion DH & KL Eco City.

Drawback of Senada, is most definitely being leasehold. Being low density may not be to everyone's liking.

I definitely believe there's room for capital appreciation and the proposed MRT station is just a bonus. Tenants and residents would probably use Uber more like what Bangsar/Damansara Heights/MK/Sri Hartamas residents are doing now. You can visit the site right next to SDCC and it's super easy to get in and out unlike MK/Sri Hartamas.

The sales gallery is inside KLGCC clubhouse so there's no show unit.

Was interested in this project until my wife told me that there is a cemetery just across the road (Jln Bukit Kiara 1). Otherwise not bad, suitable for air bnb not for family, 1 to 2 bedrooms only, no schools in the vicinity.

The infamous Wikimapia Malay cemetery?

There's no cemetery, just check google earth/ street view for a better view lol.

A few mentioned this before but does anyone know where it is exactly? I can't seem to find it in google map nor in street view. I would assume that there would be some kind of signboard indicating the entrance to the cemetery but cant seem to locate that either in street view. Anyone?

Thanks for sharing Tetsu. Much appreciated!

I went to view d jendela show unit early this year when sdp proposed to launch it, but now changed to senada

Based on notice board on-site:

CADANGAN MEMBINA TANAH PERKUBURAN ISLAM RAUDHATUL SAKINAH DI ATAS LOT 3752 BUKIT KIARA 2, WILAYAH PERSEKUTUAN KUALA LUMPUR

Not related to this topic but once Pavilion launch their TTDI project with indicative price RM1k psf+, the Senada buyers i think will get better bargain given KLGCC is much more exclusive area.

Furthermore, the development is rumored to be 9 blocks of 54storeys with total of 2,200units. Coincidentally this 12 acre piece of land is also leasehold. Would be interesting to see whether the prospect buyers can get over the mind barrier by paying RM1m+ for leasehold condo in exchange of desirable location and address.

This post has been edited by gks: Sep 12 2016, 10:08 PM

from the high rise, able to view the cemetery?

Yes we have ran out of fh land already..

Muslim cementary not as scary rite?

More scary than bbcc that literally built on ex burial ground?

This post has been edited by BEANCOUNTER: Sep 12 2016, 10:33 PM

No, in prime location like this area... fh and lh is no longer main criteria
Because those who are eyeing this area... there are not much other choices.

agreed but fengshui wise is still the same not auspicious

Paid good money to fs master...anything and everything can turn from black to white de.

With surrounding areas are mostly fh.....do think this lishold prestige development will out performed those equallt prestige fh address?

If you are referring to KLGCC, where else the comparable product, location?

And if you refers to fh vs lh, mind to share which example vicinity/property so that we can discuss more meaningful?

No pointbto discuss further bcos both of us are unable to buy into prestige areas whether its fj or lh...

This post has been edited by BEANCOUNTER: Sep 13 2016, 12:42 AM

In hong kong, ppl think cemetery is auspicious because they are built on location with very good feng shui. Haha.

Sri Hartamas, Mont Kiara, DH, Bukit Bandaraya, TTDI, SS17, all are in vicinity and freehold. It may not matter now, but matters after you die and pass over to your children.

Bro, bbcc is built on ex jail nt burial ground, d convicts were executed there but nt buried there

This post has been edited by BRE: Sep 13 2016, 07:28 PM

congrats boss.

Thanks Bre kor i know...
The physical dead body would have bury elsewhere..but the sou/spiritl stayed where they were executed....

It's right next to Sime Darby Convention Centre

Ya ppl say after years under d hot sun d spirits would have vanished there but I doubt so

they already hire all the tok imam to cast the spell at bbcc

I will avoid bbcc at all costs since there are so many other props

I am not saying Alya or any other LH property is better that FH. However I would like to share one of the most prominent examples of LH being not important when it comes to property pricing and investment potential

Pavilion Residence that sits on Pavilion Mall in Bukit Bintang is one of the only LH residential property surrounded by many many many other FH property in Bukit Bintang. In fact almost all of the prime city center land around KLCC and Bukit Bintang is FH. But the most expensive residential property on a psf basis is LH Pavilion Residence

Don't get me wrong, I'm not saying LH doesn't matter, of course it does. However there are many other factors like location, concept, etc, that matter much much more, and have a bigger impact.

However pavilion is more of an exception than example, because it can fetch very high rental due to Pavilion shopping mall. Its very hard to replicate another pavilion. Its like saying buying lottory is a good idea becoz someone wins.

did anybody anticipated pavilion to be a hit from day one during its construction?
or mid valley?

most malls that make it simply make it.

most anticipated nusentral to do well, but did it?
similarly i think there's huge expectations for velocity as well. would it?

at the very least, on paer, bbcc seems to be moving in the right direction with clever partner ups and diversity in offering.

let's just see whether it will bomb or not later.
kekeke.

Roy has a point
See a bigger picture and do not let the land status alone (lh and fh) cloud the judgement.

Having said that it doesn't mean Alya will fly though. It is up to individual foresight, vision and luck to pick winning horse.

This post has been edited by gks: Sep 14 2016, 03:18 PM

Roy kor...

If u go back a bit in time....before the property boom period...pavillion resi wasnt doing that well.

Same with k avenue and another one called ampersands.

But one factor could be they are big ass sizes...less to do with land status.

Roy kor...

If u go back a bit in time....before the property boom period...pavillion resi wasnt doing that well.

Same with k avenue and another one called ampersands.

But one factor could be they are big ass sizes...less to do with land status.

Delete

This post has been edited by BEANCOUNTER: Sep 14 2016, 05:34 PM

I'm not offering Pavilion as an example to say LH is good. I'm offering it as an example to say that LH doesnt really matter so much. Because even for a LH property surrounded by many FH properties, it can outperform the FH if other fundamentals are better.

At the same time, I'm also not saying it has ZERO effect, of course it has an affect. Its just that the effect is not as huge as most people make it to be.

In today's era, land tenure: LH is not very important. You are buying strata title, a unit share of the entire complex. Timely delivery of strata title is more important. You are not buying a master title land, so strata owners don't own the land anyway.

In my opinion, developers who build on LH ought to pay the land premium to the max of 99 years before they sell to public. Transfer of LH within DBKL in terms of consent is no issue (some areas of Selangor abit tedious and there are freehold land that need consent as well if the land was previously govt land).

In today's era, freehold land can be acquired under our Land Acquisition Act.

Note: For LH projects, buyers are advised to go for those with max tenure as possible i.e. 95 years. Those with less than 50 years will posed a psychology challenge if you want to resell.

This post has been edited by accetera: Sep 14 2016, 09:23 PM

Strata titles doesnt mean owners dont own the land. They just own it in unit shares as like unit trusts. If all owners of freehold building decided unanimously to demolish the building and sell the land or rebuild new building they can do so. Who knows government is proposing to change to super majority instead of unanimous someday like certain countries.

As for leasehold doesn't matter, go compare old leasehold houses in PJ old town to those freehold of similar age in worse location. Imagine you inherited one of those liabilities thats now about to be expire? Also during compulsory acquisition, your compensation is based on market value, for those old leasehold buildings which have also low market value nearing expiry.

Difference will be more obvious for the next generation, as leasehold properties only become common recently due to freeland getting more scarce. Anything thats scarce will increase in value.

In addition, it takes much longer and harder to buy and sell secondary leasehold property, that turns ppl off. Im not advocating against buying leasehold properties, just make sure you factor in the issues and price.

This post has been edited by value_investor: Sep 15 2016, 05:07 AM

As for our laws, strata titles mean consensus is needed and a very high %, notwithstanding the land acquisition act. But redevelopment issue should not be seen as a bad thing because there will be rightful compensation.

Most Govt and Private lands are freehold to begin with. Then due to rapid development, Govt start to change to Leasehold. Nowadays Freehold land can be converted into Leasehold in exchange for density under DBKL (haha in my job last time).

This post has been edited by accetera: Sep 15 2016, 10:48 AM

Let's not go off topic because of 1 stupid opinion.

Thanks for providing valuable information regarding LH and FH lands.

To follow up on where i left off, I went ahead and booked 1 unit of 710sf and 958sf. If anyone is buying more than 1 unit, do ask for an extra 2% rebate for the 2nd unit as you should be entitled to the PRIME membership once you bought your 1st unit.

What is your exit plan?
How is the commercial retails below kaput? Dead n tak da orang.

This post has been edited by propertybbb: Sep 20 2016, 10:32 PM

guys, any idea on the current take up rate? are there still units available?

Signed the SPA last week. Heard from the lawyer there's a couple of units left for sale. Best to check with the sales gallery.

This jv project with brunsfiled can use prime card? Is sdp or sd brunsfiled d developer?

Parking

Units available


Attached thumbnail(s)

Nt bad d sales during d soft prop market