Want to be part of the actions in Dataran Sunway but cant afford the 1200psf price that Tropicana Garden charged or Sunway Nexus wanting? How would you consider a place with the same MRT line that serves TG and Dataran Sunway, 1st to board the train AND its 30-40% CHEAPER? Sounds like a steal? Afraid not, here comes the new frontier of cheaper properties that might as well change our perception of living in Sg Buloh…..thats we assume that most people that buy into TG/Nexus are regular MRT commuters (oink oink). Seriously this Sg Buloh need a name changer…….to be a serious contender in property market.
Lets us introduce to you not one, but two integrated projects that currently taken place in this HOT HOT HOT MRT related properties…..D’sara Sentral by Mah Sing and SqWhere by SDB. Surprisingly both projects are sharing the same MRT station (Kg. Baru, Sg Boluh, second station from the main Sg Buloh depot). Both projects have elements of Retails, SoVo and Residential, both leaseholds, both are selling about the same psf and likely to complete within months apart from each other. However these are the similarities stop.
Kg Baru Sg Buloh MRT Station Opposite SqWhere and D’Sara Sentral
D’SARA SENTRAL by MAHSING
Being the 1st to launch, Dsara Sentral is consisted of 1 block of SOVO, 4 blocks of Service Apartments and some 2-4 storeys retails in which at time of printing, they have started the sale of SOVO and Retails some months ago. Not being a keen investor of SOVO, the author’s attention is turned to the latest launch of its serviced apartments, which will be launched on 7th Nov’13 and required a RM5,000 bank cheque for balloting, submitting to MahSing before the date of launching.
There are two sizes available for the service apartments, 8++sq (2bedrooms) and 1018sq (3bedrooms). 1 CP and 2CP are included respectively. The usual Mah Sing’s incentives such as free SPA agreement and loan agreement. At this stage, there is no confirmation of DIBS or other financial assisted scheme. The proposed developer’s provsion include kitchen cabinet, built-in hood n hob, built in warddrobe (MBR), rain shower w water heater storage (MBR), fixed panel shower screen and audio intercom. Maintenance sets at 35sen psf. There are sample show units in the sales gallery of Dsara Sentral located at Star Avenue, Subang Bestari (approx. 3kms away from actual site).
The price one who might ask? it starts from 650psf to 690psf. We also cant confirm with certainty if early bird discount will apply before this price.
SqWHERE by SDB
Next to Dsara Sentral and seperated by Jalan Welfare is where this latest project by SDB is located. Accordingly, this site is slightly closer to the Kg, Baru MRT station (we are talking about 100mtr or so) and there is covered walkway built and shared by these two property developers and MRT Corp.
Surprisingly SDB is offering exactly the same elements as Dsara Sentral with Retails, SOVO block and Apartments block but sits on a slightly smaller piece of highway fronting land and surrounded by factories and furniture showrooms.
What can we say? SDB, like YTL does have their signature design concept throught-out their properties and this one is no exception. Exposed hollow brick, giant scupltures dotting squarish gardens (hence the name sqwhere came from) and clean lines are the theme here and rather similar to their Windows on the Park, Cheras rendering.
There will only be one block of SOVO (3++units) and one block of Serviced Apartments (3++units) with some retails lots on ground floors (2-4 storeys). Was told that majority of retail lots have already found their homes.
The SOVO block will be launched this Saturday to the public (identically on 7th Nov, but there might be a change of date either by MahSing or SBD, or will they???). The available sizes are 549, 678 (limited), 764 and 1044sq (limited). All sizes come with 1CP only. We believe standard SPA and loan agreement fees absorbed by developer and all units come with free kitchen cabinet, hood and hob, Fridge and aircond points. Surprisingly the smallest unit (549sq) comes with wet yard area.
prices one might ask? Brave yourself…..its Rm790psf for the smallest units and SDB is kind enough to further give you an 8% discount on top of the price should you drop everything on what you are doing now and rush over to the sales gallery this Saturday.
Service Apartments are only scheduled to launch early next year and indicative sizes are over 1,000sq (smallest) to 2,400sq (biggest).
The sales gallery is closed to the site but you need to find the right entrance. Two show units available (5++sq and 1+++sq). To place your booking, just bring Rm10,000. There will be no balloting, its strictly 1st come 1st serve basis. SPA expecting to sign within 3-6 months.
Seriously the pricing of these two properties brings shock to the writer’s system, 1st being in bare land ‘kampung setting’ of Sg, Buloh and secondly its really out of nowhere and facing Damansara Damai. Perhaps developers are selling future pricing with GST exempt in mind, banking on the popularity of its MRT line and the great potential the 3,300 acres of RRIM land jointed developed by EPF/MRCB which is just one station away (about 1kms away). For buyers and investors alike, one needs to have the confident of this part of Sg. Buloh will be going through great transformation just as Kota Damansara did approx. 15 years ago.
The writer does not particularilly like the retails elements in both projects, knowing Malaysians have little affectionate towards the elements of retails in such manners and developers also quick to sell these retails and none of them decided to keep for own management (note: dmc might deter them for specified business models).
The video below was taken by PropCafe from Kota Damansara Hospital Pusrawi to the site of SqWhere, Damansara Sentral, and Kg Baru Sg Buloh MRT Station.