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 Azalea by ksl (gelang patah)

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TSplouffle0789
post Feb 12 2024, 05:49 PM, updated 7d ago

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Important Details
Property Type Double-storey terrace houses
Developer KSL Group
Marketing and Sales by VAG Real Estate SDN BHD
Location gelang patah and lima kedai
Property Area 180 acres (initial phase)
Unit Types 20' x 60' and 20' x 70'
Security Gated community with security guards
Pricing RM668,000 to RM718,000
Total Units (Initial Phase) 175 units (Phase 1), 160 units (Phase 2)
Sales Revenue (As of August) Exceeded RM1.2 billion
Sales Offices Nusa Sentral, Horizon Hill, Danga Utama
Contact Information KSL Sales Gallery @ Nusa Sentral
Opening Hours Daily from 10 am to 6:30 pm
Geographical Advantage Proximity to Malaysia-Singapore Second Link checkpoint, less than 10 minutes' drive






KSL acquires 53.89 acres from Tropicana GP for residential project

Monday, 12 Sep 2022



Gated and guarded



KUALA LUMPUR: KSL Holdings Bhd's wholly-owned subsidiary KSL Medini Development Sdn Bhd is acquiring 10 tracts of freehold land measuring a total of 53.89 acres in Mukim Jeram Batu in Pontian, Johor, for RM102.94mil.

In a filing with Bursa Malaysia, the property group said the land will be acquired from Tropicana GP Views Sdn Bhd, a wholly-owned subsidiary of Tropicana Corp Bhd.


It said in its rationale the lands are planned for a residential development project and will further enhance the group' presence in the property market in Johor.

"This said project is expected to entail approximately 628 units of residential properties.


"The development project is expected to commence in year 2024 and is envisaged to spread over a period of 8 to 10 years," it said.

Based on the board’s estimate, the total gross development value of the project will range from RM345mil to RM395mil while its gross development cost is expected to be about RM188mil.

Accordingly, KSL estimates a gross development profit of between RM157mil to RM207mil to be derived for the group over the duration of the said development.

This post has been edited by plouffle0789: Feb 12 2024, 05:57 PM
Jazted
post Feb 12 2024, 07:19 PM

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The developer previous project was not that great in term of QAQC.

But location wise is ok. Near to setia eco garden.

This post has been edited by Jazted: Feb 12 2024, 07:20 PM
TSplouffle0789
post Feb 12 2024, 10:52 PM

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QUOTE(Jazted @ Feb 12 2024, 07:19 PM)
The developer previous project was not that great in term of QAQC.

But location wise is ok. Near to setia eco garden.
*
QA/QC is the combination of quality assurance, the process or set of processes used to measure and assure the quality of a product, and quality control, the process of ensuring products and services meet consumer expectations.

Correct?

Nowadays size is very small...
20* 60


20*70

Haiz

This post has been edited by plouffle0789: Feb 12 2024, 10:52 PM
Jazted
post Feb 13 2024, 12:34 AM

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QUOTE(plouffle0789 @ Feb 12 2024, 10:52 PM)
QA/QC is the combination of quality assurance, the process or set of processes used to measure and assure the quality of a product, and quality control, the process of ensuring products and services meet consumer expectations.

Correct?

Nowadays size is very small...
20* 60
20*70

Haiz
*
Yes, can see this in their past projects, hopefully they got it right.
TSplouffle0789
post Feb 13 2024, 12:43 AM

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QUOTE(Jazted @ Feb 13 2024, 12:34 AM)
Yes, can see this in their past projects, hopefully they got it right.
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This land is belongs to Tropicana corporation right?
contestchris
post Feb 13 2024, 01:18 PM

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Has the land sale transaction completed?
TSplouffle0789
post Feb 13 2024, 02:00 PM

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QUOTE(contestchris @ Feb 13 2024, 01:18 PM)
Has the land sale transaction completed?
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yes

You go there before?
contestchris
post Feb 13 2024, 02:12 PM

Look at all my stars!!
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QUOTE(plouffle0789 @ Feb 13 2024, 02:00 PM)
yes

You go there before?
*
Are you sure it is completed? In the recent quarterly report release in Nov 2023, still pending completion.

user posted image
dave1987
post Feb 13 2024, 02:23 PM

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Okay price, if KL condo also almost this price
Jazted
post Feb 19 2024, 10:10 AM

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QUOTE(dave1987 @ Feb 13 2024, 02:23 PM)
Okay price, if KL condo also almost this price
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The location is somewhere like Sungai Besi, Kajang, Semenyih, Sungai Buloh vs KL mature area.

It's a new development township but got a lot of potential especially not far from the Iskandar region (Future Johor economy zone) and Singapore 2nd link.
TSplouffle0789
post Feb 19 2024, 10:57 AM

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QUOTE(contestchris @ Feb 13 2024, 02:12 PM)
Are you sure it is completed? In the recent quarterly report release in Nov 2023, still pending completion.

user posted image
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This is land in daerah pontian.


Not johor bahru
TSplouffle0789
post Feb 19 2024, 10:58 AM

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QUOTE(Jazted @ Feb 19 2024, 10:10 AM)
The location is somewhere like Sungai Besi, Kajang, Semenyih, Sungai Buloh vs KL mature area.

It's a new development township but got a lot of potential especially not far from the Iskandar region (Future Johor economy zone) and Singapore 2nd link.
*
How about kangkar pulai area?

Scientex and keck seng have many land at there.

Many double storey house is sold also
Jazted
post Feb 19 2024, 12:47 PM

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QUOTE(plouffle0789 @ Feb 19 2024, 10:58 AM)
How about kangkar pulai area?

Scientex and keck seng have many land at there.

Many double storey house is sold also
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Only the road is congested, it the state government/ or developer uses their own pocket money plan for road widening shouldnt be an issue.

This post has been edited by Jazted: Feb 19 2024, 12:47 PM
TSplouffle0789
post Feb 19 2024, 07:48 PM

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QUOTE(Jazted @ Feb 19 2024, 12:47 PM)
Only the road is congested, it the state government/ or developer uses their own pocket money plan for road widening shouldnt be an issue.
*
Jalan pontian lama?

Near pulai spring golf resort entrance no more space...
Always jam at there

 

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