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 New development in SS15

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TSBarli0106
post Feb 7 2024, 07:48 AM, updated 2y ago

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Seems like in future there is a new redevelopment project next to SS15 courtyard


Monday, February 5th, 2024 at News | Property

TITIJAYA Land Bhd has signed 97 separate sale and purchase agreements with Bank Negara for the acquisition of five-storey, medium-cost flats in Subang Jaya, Selangor, amounting to RM44.5 million.

The plan is to redevelop the 97 two-bedroomed flats into mixed commercial properties, aligning with Titijaya Group’s growth strategy of expanding its land portfolio and investing in strategically located development properties within the Klang Valley.

The proposed acquisition is expected to synergize with the adjacent property, First Subang SS15 Courtyard. – TMR

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Jagalat
post Feb 7 2024, 08:32 AM

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Is this land freehold or leasehold??
hoonanoo
post Feb 7 2024, 02:22 PM

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Most PJ is leasehold for condo?
Jagalat
post Feb 7 2024, 02:52 PM

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QUOTE(hoonanoo @ Feb 7 2024, 03:22 PM)
Most PJ is leasehold for condo?
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This part is Suban Jeya...
theevilman1909
post Feb 7 2024, 03:13 PM

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It's called Apartment BNM icon_rolleyes.gif

Apartment BNM is a Freehold Apartment located in Subang Jaya, Selangor. The building has 5 floors. This is a Residential Individual property.

https://www.iproperty.com.my/building/apart...-bnm-pty_64354/
hoonanoo
post Feb 7 2024, 04:02 PM

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QUOTE(Jagalat @ Feb 7 2024, 02:52 PM)
This part is Suban Jeya...
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oh ok
Jason
post Feb 7 2024, 06:23 PM

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Convert to commercial, then the density will be nuts for the service apartment. They paid RM450k for each of the 97 units, I guess to make money they can sell 970 units at RM450k each.
jojolicia
post Feb 7 2024, 06:37 PM

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QUOTE(Jagalat @ Feb 7 2024, 08:32 AM)
Is this land freehold or leasehold??
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This is freehold and currently a residential title πŸ‘

Developer may convert to commercial for a mixed dev. Plot ratio up GDV up

This post has been edited by jojolicia: Feb 7 2024, 06:40 PM
nexona88
post Feb 7 2024, 10:21 PM

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Good location...

Convert into commercial title... Profit all they way πŸ”₯πŸ€‘πŸ’°
Jagalat
post Feb 8 2024, 02:01 PM

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QUOTE(theevilman1909 @ Feb 7 2024, 04:13 PM)
It's called Apartment BNM  icon_rolleyes.gif

Apartment BNM is a Freehold Apartment located in Subang Jaya, Selangor. The building has 5 floors. This is a Residential Individual property.

https://www.iproperty.com.my/building/apart...-bnm-pty_64354/
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About 350m to ss15 lrt stn. Mature area..Surrounded by shoplots. Easy to get good etc.
theevilman1909
post Feb 8 2024, 03:04 PM

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QUOTE(Jagalat @ Feb 8 2024, 02:01 PM)
About 350m to ss15 lrt stn. Mature area..Surrounded by shoplots. Easy to get good etc.
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yes. mature area.

good for redevelopment rclxm9.gif
nexona88
post Feb 9 2024, 08:15 AM

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Wonder how many floors this high rise projects...

Near to LRT too... Sure maximum kaw2 one...

 

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