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发表于 21-4-2013 03:50 PM
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Mah Sing to set new benchmark with D’sara Sentral
Apr 20, 2013
Source: malaysiapropertynews.net
Mah Sing Group Bhd’s new development in Sungai Buloh, Selangor, is expected to be the new yardstick for property prices in the vicinity.
The first phase of D’sara Sentral, comprising Small office-Versatile office (SoVo) and retail units, is indicatively priced from RM650psf, with built-ups from 750sq ft.
Checks with online forums revealed that many see the price becoming the new benchmark for that area and with the good connectivity, the development is expected to become a property investment hotspot.
One online forum member pointed out that properties in Puncak Alam, located about 10km away, are only one-third the price D’sara Sentral is commanding.
Within its 3km radius, Dijaya Corporation Bhd’s TSB Commercial Centre, which comprises three and four-storey shop-offices, are currently selling at RM552psf. The launch price was RM1.14 million for a 4,401sq ft unit.
The 749sq ft Small office-Home office units in Cova Square in Kota Damansara currently have a listed price of RM300,000.
Among the other established neighbourhoods in the area are Sierramas, Valencia, Damansara Damai, Saujana Damansara, Bandar Sri Damansara, Bukit Rahman Putra, Taman Perindustrian KIP, Taman Industri Sungai Buloh, Bandar Baru Sungai Buloh and Kampung Baru Sungai Buloh.
In addition to setting a new price benchmark, Mah Sing also intends to introduce an “innovative retail concept” in D’sara Sentral. It will have a “contemporary retail island” with a main frontage and dual access to the inner boulevard, which will house food and beverage outlets.
Besides the SoVo and retail components, the mixed development will also have serviced residential units, which will make up 65% of the project.
The connectivity appeal The RM800 million development is located diagonally opposite the proposed MRT station next to the Rubber Research Institute of Malaysia (RRIM) land, the first station after the Sungai Buloh terminal, making access to the area highly convenient.
It is sited in Seksyen U19 in Petaling district, at the junction of Jalan Welfare along the main access roads of Jalan Sungai Buloh-Shah Alam and will be directly linked to the MRT station via a pedestrian bridge.
Access routes to the development include the New Klang Valley, Damansara-Puchong, Guthrie Corridor and North-South expressways.
Mah Sing’s managing director-cum-group chief executive Tan Sri Leong Hoy Kum said, “As connectivity is increasingly becoming a factor that appeals to the market, D’sara Sentral’s location, accessibility and the group’s commitment to developing well-designed products that meet current market needs will create a huge appeal for this project.
“We see pent-up demand from the large pool of upgraders and investors from the nearly 500,000 people expected to use the MRT when it is completed.
“With development land being scarce along the MRT route, we are confident that buyers will recognise the potential of the area, which will translate into value and returns in the near future.”
The developer is no stranger to the locality. Mah Sing has an existing project, Star Avenue@D’sara, adjacent to RRIM. It was launched in 2011 and is fully sold.
This integrated project consists of three-storey shops, retail lots and offices incorporating a neighbourhood lifestyle mall, with 15% of the total gross area reserved for the commercial component.
It is located just 6km from D’sara Sentral and three minutes from the proposed MRT station being built at Taman Industri Sungai Buloh.
- The Malay Mail |
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