Selayang 18 @ Bandar Baru Selayang 14

facade

Selayang 18 is another project from F3 Capital. The developer is quite active over last two years after it completed the Manjalara 18 project besides Desa Parkcity. They recently also launched another two projects called 360 degree Urban in Gombak and Dua Majalara. This is a leasehold project with total of 360 units from two towers. Each tower has 21 storeys. Tower A – 10 units per floor and Tower B – 12 units per floor.

topdown

facade2

The project is located at the round about of Bandar Baru Selayang. It is just besides the Majlis Perbandaran Selayang building. The current site was belong to Telekom Malaysia. The location is quite decent as it is at the centre of selayang and about 15km to kuala lumpur city centre without toll. MRT2? I have no idea. Last heard selayang has a station in future MRT2 line. Being at the centre of selayang, it should not be too far away. Since developer didn’t mention anything on this, perhaps we can ignore it for time being.

map
Inner road – access road to the site
front access to site
Site
site 2

site
Tiara Residence view/round about
round about view

round about view2

Seems like the management of F3Capital has strong relationship with TM. Manjalara 18’s land also used to be owned by TM. This Selayang 18 site (see photos above) has few facing. 1. Facing pool/round about and Hill view (and premium project called Tiara Residence). 2. Facing Perbandaran Masjilis Selayang. 3. Selayang/Genting View.

It offers mainly 900sf (2 bedder), 1017sf (2+1 bedder)and 1264sf (3+1 bedder). The 900sf type has already been taken up and overheard many booked by staffs. Tower A comes with west or east view whilst Tower B is either south or north oriented. South orientation units do not come with good view (Selayang view), so one can realise that there are no much difference in term of psf for view, block, and size. The price starts from rm477psf and about rm2 to rm3psf up per floor. So, roughly it is around rm430k, rm485k and rm600k up for 900sf, 1017sf and 1264sft respectively. This is before the 5% rebates. With near to rm400k after rebates, no wonder 900sf type has been sold out. There are also some odd and big size penthouse.

Every three to four floors comes with a small parcel of green area (see below). Floor plan is pretty standard but it seems like kitchen area is a bit too small and only 2 rooms for 900sf and 1017sf (ignore the utility room) is a let down. With psf is getting higher nowadays, family maybe more receptive for smaller room but i believe majority of the families still prefer 3 rooms.

garden in between

Facade is quite nicely designed (less wall more glass theme). Great landscape concept provided (see below) by developer. It comes with sky lounge together with a very comprehensive list of facilities but i feel it is a bit over for this segment of condominium. rm0.35psf maintenance fee is considered a norm nowadays but whether it can be maintained well is another story especially comprehensive facilities and segment like this.

skylounge

Common Area

facilities

landscape

swimming pool

facilities3

facilities4

The take up is reasonable (see below) and higher floor like 13a level up still many to pick. The photo is not clear enough but one can see the sales status by the stickers (as at 16/06/13 – 2pm)

Tower A
SAMSUNG
Tower B
SAMSUNG

Edge 18 is the commercial shoplots infront of this Selayang 18. 4 storey 22x75ft with lift if i m not wrong. Only bumi lot available for sale at rm2.7mil up and the rest are kept by directors. We have seen many not so successful developments over years and normally come with unsuccessful commercial retail lots downstair. It is important to control the profile of shop tenants. Let’s see what the directors will do on this commercial lots.

edge18
18

If the developer can execute nicely the facade, landscape and facilities according to what its promised in artist illustration, it will be worthwhile for ownstay for this pricing. But, for investment, investors need to work out the rental market there or think thoroughly whether it is possible to flip with your own minimum target ROI in future. I have to say not easy. Having said that, developer did put in a lot of effort to provide good quality of living for ownstayers. Great concept, especially its landscape!

There are many details information in the developer’s webiste: Layouts for condo and shoplots etc.
www.f3capital.com.my

14 thoughts on “Selayang 18 @ Bandar Baru Selayang

  1. Reply SoyCappuccino Jun 19,2013 12:52 am

    Quite nice concept.. m wondering what it the maintenance ?

  2. Reply Caffe Corretto Jun 19,2013 7:34 am

    Maintenance fee is set at rm0.30 at the moment.

  3. Reply LOL Jun 25,2013 7:41 pm

    May I know how much you think it will appreciate after the completion?

  4. Reply Caffe Corretto Jun 25,2013 9:30 pm

    Lol, sorry i dont have crystal ball. But for ownstay, the landscape n concept looks rather nice. It ll b one of the nicest highrise there to stay. If “die die” must buy for investment, depend on developer’s execution, it may appreciate around 20pc i.e. near 600psf. Personally feel it ll b hard to break 600psf there.The prop boom cycle is over, dont expect 50pc above cap appreciation ll come again if one to invest nowadays. 30pc appreciation ll b a very gd deal in 3 yrs time. Again, dont take my words, check ard to get the valuation n demographic there to see whether 600psf above n its abs price of above 600k make sense in future.

  5. Reply LoL Jun 28,2013 5:31 pm

    Then what do you think about g-residence in Kuchai Lama at this price point?

  6. Reply Caffe Corretto Jun 28,2013 10:45 pm

    Lol…thats totally different location and demography. Ha. I only passed by there (Gembira Residen). Look quite decent and the buyers who went in 3xxk are surely laughing to the bank. Not an expert in okr/kuchai lama, so i better let other readers/experts to answer it.

  7. Reply JohnWoo Jul 2,2013 11:04 am

    ridiculous pricing!…completed selayang point,,condo ,,freehold selling about RM370/psf..
    THis Selayang 18 is leasehold and to be completed only in few years time,,,

  8. Reply Vikko Jul 16,2013 8:45 pm

    May I know where is the show room and which year complete it…

  9. Reply Caffe Corretto Jul 16,2013 10:21 pm

    Gombak, you may google f3 capital. 3 years from spa means 2016.

  10. Reply CMY Sep 9,2013 2:59 pm

    They use the same renderings but different layouts for most of their projects including Urban Gombak and Uni360 Serdang. Finger crossed and hope if they can execute close to the planned concept. It will be very nice if materialised. Hope that they can unlock more glc lands in stategic locations where lands are becoming more scarce.

  11. Reply khairul Sep 10,2013 7:53 pm

    selayang is the worst place to invest. stay out from selayang… magna prima is the worst developer ever… crap ..

  12. Reply Jie Xin Oct 15,2013 11:18 am

    How much n when will.complete it ?

  13. Reply Tengster Oct 15,2013 11:18 pm

    Price is about RM500k. Not sure now still got this early bird discount. DIBS a was last known removed. Construction period is 3 years I think since this is only 20 storey building.

  14. Reply David Jun 5,2014 10:16 am

    Whos is The developer Selayang 18 ??

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