Source:
https://www.theedgemarkets.com/article/mah-...xed-development
https://www.nst.com.my/business/2021/05/687...apak-kl-rm89mil
https://www.malaymail.com/news/money/2021/0...r-rm89m/1971603
https://www.nst.com.my/property/2021/05/687...lopment-setapak





Summary:
- Location at Sri Utama International School, Jalan Usahawan 5 (nearby SkyAwani 4 & 5, MH Platinum 2, PV20, J Satine)
- Mixed development (serviced suites and some retail lots including drive thru F&B)
- 2 blocks
- GDV 618M
- Indicative built up: 850 sf to 1030 sf
- Priced from 399k
- Leasehold
- Open for registeration Q3 2021

Good location. Quite close proximity with Jakel/PV project.

Pricing seems benchmarked comparable with existing condos.

Total units are not indicated though....

Pv the smartest of all of them developers.

Mh platinum 2 almost sold out while other developments only start launching.

Mh platinum 2 - Edgewood - j satine(estimated) - m astra(estimated)

Though satine and mhp2 both under pv's jv with jakel and mh.

This post has been edited by lollipopkan: May 5 2021, 11:17 AM

waa... near skyawani 4 & 5 ah.... how's the density and demand like for the area?

Is crazy. Can't imagine what will happen to the traffic at Jalan Genting Klang.
Now during peak hour also very bad jem. Future sure even worse.

I think jalan genting kelang will stay as busy as usual but the right turning road in front of pv128, jalan usahawan will be super congested in the future.

Setapak becoming the next concrete jungle

pls stop building high rise in setapak .....

Mrt3 is coming albeit further down the road. Hopefully can take some traffic away from Jalan Pahang.

Seriously... They better really build a mrt3 Station near to sky sanctuary

seems like mahsing on a roll lately.
pricing is tuned more align with market expectations unlike previous.

399k for 850sf is definitely more appealing

With soooo many project in this area, dont you think supply is way more than demand ?

I think non bumi price is around 420k or 430k for m astra which makes edgewood extremely appealing at the moment.

For rental, yes.

For ownstay, I think the demand is still strong.

There are no other places in KL that are as cheap as Setapak and at the same time as good as.

Got a lot of demand for ownstay still, since it's near KL CBD and very cheap while having lots of commercial development (groceries/malls, F&B, health facilities) and good access to public transport (bus + LRT).

But rental can jiak sai dy 🤣 especially competing with subdivided units that rent out per room. Too many new developments that's nearer to KL CBD too, have to compete with those.

This post has been edited by DragonReine: May 5 2021, 06:40 PM

Not a fans of MS project

Went by the area and saw this. Is this M Astra?? or a different project in the area?

On the same road as MH Platinum 2?

No, MH Platinum 2 is in Jalan Usahawan 6. This is in Jalan Usahawan 5.