QUOTE(holypredator @ Oct 2 2019, 07:54 PM)
That's why they can't demand that price
800+ sqf Lot 15 mid level floor is very close to the price of a double story house in SS19 (good condition).
I would prefer to say Sime is jacking up the price than what it is really worth. Otherwise Lot 15 won't be stuck at 60+% take up rate after so many years.
Saujana Residency is only RM700+ psf.... that is the prime of the prime, situated in the middle of everything and it is also the highest end you could get. (Low density mid rise.. less than 20 floors).
you cant exactly compared landed with highrise even if they are same area. criteria and usage of highrise and landed are rather different.
the surrounding of LOT15 is much to be desired that's why the sales kena sangkut. Not so much with prices. Good facing units are being taken up nevertheless.
Saujana Residency is by LION group which is not known to build high end of anything. their launch price was like below 200psf in 2003 (base on my fading memory) and it was certainly not a high end offering even in 2003. plus now the lrt track passed thru the building.
subang parade is not a dying mall. its a very nice community and neighbourhood mall. it survived for so many years and its still well patroned by many. empire just complimented subang Parade.
this stretch of highrises all subjected to height restriction bcos of subang airport nearby. same with highrises in ara Damansara and lembah subang.
there is another plot of land owned by SIME that earmarked for development further down from Damen at USJ. Right infront of LRT station. This SIME has got everything planned out in advance and here to make a killing.