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Investment THE GRAND SS15 SUBANG JAYA, The Asia Cafe Redevelopment

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holypredator
post Aug 18 2018, 11:09 PM

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QUOTE(teen08 @ Jul 16 2018, 06:48 PM)
Anyone bought?Good idea to get this? Which is better grand SS15 or lot 15?
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You are comparing a severely priced high end luxury serviced apartment to a avg 700psf SOHO designed for student, 2 different category.

Lot 15 upright advertised them self as "Luxuries of vacation at home"... not even affordable luxury, just straight up calling them self "Premium residence"

Grand ss15 don't even dare to call them self as affordable luxury but just focusing on "student accommodation" type of theme.

So.. by better in what sense? Location? Quality? cause if it is the latter, I think it is a no brainier.




This post has been edited by holypredator: Aug 18 2018, 11:24 PM
holypredator
post Aug 19 2018, 12:09 PM

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QUOTE(teen08 @ Aug 19 2018, 03:14 AM)
Quality would be some for me. Location grand Ss15. At that point of time,  I was asking based on investment.
DP
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Quality
If you want to talk about Quality, Grand SS15 is nowhere near luxury as compared to Lot 15. Lot 15 is a gated community with 3 tier security system while Grand SS15 is just a standard SOHO/Condo like the one right next to Inti. The flooring of the units already tells you what to expect since Grand SS15 uses Vinyl flooring (cheap plastic) as opposed to SS15 Engineered wood (The closest thing you can get to real wood).

From best quality and most expensive to the cheapest :
Hardwood > Engineered Wood > Laminated Wood > Vinyl

Basically, you get where I am going with this in terms of quality.

Location
In terms of transportation, Lot 15 is slightly nearer in terms of walking distance to the LRT and the KTM is an additional plus side so Lot 15 is still better if you want to talk about transit issue.
In terms of amenities, Lot 15 is closer to 3 malls, a park and a hospital (all within less than 1km walk) whereas Grand SS15 is closer to university and a bunch of shop lots, depending on your own opinion but I would say lot 15 again reign superior in terms of amenities.
In terms of traffic, Grand SS15 is of course more dense with constant traffic jam around that area especially during peak hours like lunch/dinner time and to top it all off, the round about that leads to sunway/summit will always be jam and it gets worse during peak hours. Lot 15 is a better choice if coming out to the federal highway is your main issue.

Investment
This is very subjective, you can't know for sure until real facts comes in but in my point of view, Lot 15 is better in terms of investment for both own stay and rental. Lot 15 is a premium residence, they are distinct in SS16 in terms of specification compared to the nearby Casa Tiara and Subang Avenue. They are more likely to have less competition if they are targeting doctors/expat etc. since it is near the hospital and also walking distance to UOA business park. Grand SS15 however faces numerous competition with 1 being a similar spec condo RIGHT in front of it (which I see having difficulty renting out for many units since many banners constantly being hung out). On top of that, Taylors university, which is the major uni in that location has been shifted out hence competition of rental is even tougher unless the taylors business school and main campus is reoccupied by another university.

Future development
There are potential for both in terms of development, however Lot 15 area is definitely far superior with Sime considering TOD for SS16 with plans to build a mall and soho just right in front of SS16. If Sime were to end up building high end serviced apartment spec like lot 15 infront on that 2 plot of land or even any condo/serviced apartment, then I guess it won't be favorable for Lot 15.

Grand SS15 while it seems that there aren't any land or developments that are feasible around that area anytime soon, the taylors main campus might be a game changer depending on what they end up building there. If it is taken over by another uni, rental demand would increase. If it is a commercial/retail, the good is Grand SS15 residence will have more choices in commercial but the bad is the already congested area will be even worse. If it is another serviced apartment/condo project, well lets just say that area can't afford anymore condo/serviced residence.

Source :
http://propcafe.net/the-grand-ss15-subang-jaya/
holypredator
post Oct 3 2018, 11:45 PM

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QUOTE(newsongfashion @ Oct 3 2018, 05:24 PM)
In front of Pencawang Pembahagian Utama (PPU) and HTC, very good location  thumbup.gif
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I'm still not sure why is it a concern. If you talk about appeal, that is one of the better modern looking substation I've ever seen. If you talk about distance, while it is not desirable that it is just across the street, the HTC is actually far enough to be a nuisance to the eye.

Overall of course it is not definitely not something positive for Lot 15 but it doesn't seem like a big issue that anyone should be concern about unless it is like this

user posted image


holypredator
post Oct 3 2018, 11:45 PM

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QUOTE(newsongfashion @ Oct 3 2018, 05:25 PM)
There is also no external agent for The Grand SS15. Expected there's lesser good report about the project if compare to others  rolleyes.gif
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sorry but what do you mean/.?
holypredator
post Oct 3 2018, 11:46 PM

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QUOTE(newsongfashion @ Oct 3 2018, 11:31 PM)
not really, can also for own stay or working adults
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everything also can ownstay.. suka hati jer..

but don't expect the grand SS15 to be high class lo...
holypredator
post Oct 4 2018, 08:47 PM

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QUOTE(newsongfashion @ Oct 4 2018, 01:27 AM)
No agent will promote this property because developer got their own team.
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Seriously? I don't think such a small developer has the capability.

Only big ones like Sime Darby don't use agents... hack they don't even do roadshow and the only promotion they've done is the "raya" roadshow on their own SJCC gallery.
holypredator
post Oct 4 2018, 09:13 PM

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QUOTE(BEANCOUNTER @ Oct 4 2018, 09:00 PM)
During good times many developers also dun need agents.

But when bad times come even top 10 developers also use agents, macam mahsing.

It has nothing to do w big or small. For developer to retain its salea team, they need to have on going projects
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I don't think now is a good times

Tropicana, Loh & Loh etc. they have a shit ton of agents selling for them.

Tropicana goes around on their roadshow like crazy
holypredator
post Oct 4 2018, 09:38 PM

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QUOTE(BEANCOUNTER @ Oct 4 2018, 09:16 PM)
It could be the agent on roadshow not necessarily tropicana itself.

Big developers only participate in expo or fairs...

Those in mall type usually handled by agents. Try to ask for name card and see if they give u tropicana name card or agents namecard.
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It is tropicana themselves cause the name card they gave represent tropicana not 3rd party
holypredator
post Jun 7 2019, 06:47 PM

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QUOTE(aaron1717 @ Jun 7 2019, 11:49 AM)
not really apply for TOD per se... just need to show to MOH that you are TOD when u are applying for DO... so you can justify the number of car parks given... and for PJ Subang cases... its to determine the density of your project too...
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I don't think you understand what TOD means based on the things you've said.
holypredator
post Aug 10 2019, 12:22 AM

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QUOTE(newsongfashion @ Aug 9 2019, 05:00 PM)
Mixed development also in the opinion of the author, not necessary be one developer. Eventhough by different developer, the mixed development in SS15 consist of commercial shoplot, banking, medical centre, shopping (courtyard SS15), school & colleges, plus milk tea streets with LRT station & highways are more than enough to qualify for TOD in one opinion
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TOD requirements

-Walkable design with pedestrian as the highest priority [As far as I know, there is no plan from MPSJ to change anything in that area]
-Train station as prominent feature of town center [It is not really a prominent feature of SS15... hack, they even charge lower to stop at SS15 than subang despite further stop cause you know why? Too little ppl taking the train there]
-Public square fronting train station [SS15 infront is either housing area or commercial shops... so no.. they did not meet the requirement]
-A regional node containing a mixture of uses in close proximity (office, residential, retail, civic) [No office and civic there so... out on this as well]
-High density, walkable district within 10-minute walk circle surrounding train station [This one yes, they meet this requirement]
-Collector support transit systems including streetcar, light rail, and buses, etc [Not so much on this cause the only thing they have is a bus station and there is no taxi stop there unlike subang station where they have taxi stop, bus stop and also KTM]
-Designed to include the easy use of bicycles and scooters as daily support transport [They definitely don't meet this requirement but subang station did... they used to have an o-bike station but it is now a motorbike parking place so they still meet the requirement]
-Large ride-in bicycle parking areas within stations [Same as above]
-Bikeshare rental system and bikeway network integrated into stations [Same as above]
-Reduced and managed parking inside 10-minute walk circle around town center / train station [This in Malaysia is supposed to be the Park and Ride feature.... Subang station has that but SS15 do not]
-Specialized retail at stations serving commuters and locals including cafes, grocery, dry cleaners [If I'm not mistaken they only have a small sundry shop downstairs whereas subang station inside itself has food stalls, all sorts of sundry shops etc.]


Out of the 11 requirements, the Grand SS15 area only meets 1 requirement. How the hell you can consider that as TOD?

The subang station area honestly is not a TOD either. It was "supposed" to be and it all depends on how Sime develop it. They already label that area SJCC and also said they are doing TOD so time will tell.

Based on Sime's 2012 plan, SS16 is indeed vision to be a TOD project. The mall right in front of the LRT station right at the center is a public square (go see their concept art). The entire area has been discussed with MPSJ to make the area as walk able as possible and one of their proposed method is to seal up the entire drainage to construct a wider driveway and they even had link bridges from the mall to Subang parade, Big Aeon, Subang Avenue and Lot 15 (based on the concept art).
holypredator
post Aug 10 2019, 11:45 AM

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QUOTE(newsongfashion @ Aug 10 2019, 02:05 AM)
This is another opinion regarding the requirement of TOD. There's nothing right or wrong
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What do you mean by nothing wrong and right.... it is written by the TOD institute....


holypredator
post Aug 10 2019, 01:39 PM

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QUOTE(newsongfashion @ Aug 10 2019, 01:24 PM)
Any of the project in Malaysia fulfilled the requirement mentioned in actual dealings in Malaysia?
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I do not know what "actual dealings" you are talking about but :

http://www.dbkl.gov.my/pskl2020/english/transportation/

READ...

I notice you don't even be bothered to do any research and just spewing your own assumption on the definition of TOD based on whatever that suits you.
holypredator
post Aug 10 2019, 04:27 PM

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QUOTE(newsongfashion @ Aug 10 2019, 03:41 PM)
A lot of people don't really care the requirement u mentioned to qualify as genuine TOD or not genuine TOD according to published online requirement...but most important that location are conveniently walking distance to public transport and nearby amenities which suit to individual requirements.
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Then please don't call it TOD.

You can call it whatever you like but you can't just simply use an official term to label whatever you "think" it is.

That is like calling your proton car a ferrari just because it brings you from point A to point B.
holypredator
post Aug 10 2019, 07:12 PM

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QUOTE(newsongfashion @ Aug 10 2019, 05:51 PM)
There's no official term to define TOD also through the link given.

The branding is a name and esential for advertising purpose. and in this case, branding is most accurately refer to developer name like Proton , Ferrari etc, not type of development like TOD.

For transit-oriented development is a type of urban development that maximizes the amount of residential, business and leisure space within walking distance of public transport , not really referring to brand.
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Please do your research.. doh.gif

 

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