Archive for the ‘New Launches’ Category

Clearwater Estate, Bukit Tunku (Clearwater Developments)

Wednesday, April 23rd, 2008

Clearwater Development will be launching their next development called Clearwater Estate at Bukit Tunku, an exclusive five villas only development. Their first maiden development is Clearwater Residences in Damansara Heights, launched last year and was sold closed-door. Utilizing their best assets to promote this new development, they have of course opted to splash Dian Lee, the 24-year old daughter of property tycoon Tan Sri Lee Kim Yew, on the cover of City & Country (The Edge) issue this week. She is the founding partner of Clearwater Development together with Sim Boon Yang, a Singapore-based architect. Here are some of the details of Clearwater Estate.

  • Comprises five individually crafted villas, inspired by five different art movements
  • Sits on 15,000sf plot, built-ups ranging from 16,000 to 19,000sf
  • Each villa spread over four levels, with uninterrupted views of KL skyline
  • Each villa will house six bedrooms, a covered garage, a car lift, a passegner lift, home theatre, home spa, walk-in wine cellar, a lap pool, ‘floating’ pavillions
  • Launch date: 8th August 2008

Indicative price at RM1,200psf to RM1,500psf. That’s about RM20million for each villa. More photos after the jump

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Sunway Vivaldi, Mont’ Kiara (Suncity Berhad)

Monday, April 14th, 2008

With Binaderas ‘ Seni Mont Kiara playing with ‘affluent’ names by naming its blocks from Monet, Mozart and what not, Suncity decides to follow the trend and name its latest offering, Sunway Vivaldi. Sunway Vivaldi is their latest condominium offering after Casa Kiara 2 and Palazzio at Sri Hartamas. The location for Sunway Vivaldi is just down the road if you are coming from Sri Hartamas side towards Mont’ Kiara side (Jalan 19/70A), right after their own Kiara Hills bungalow development. The land has been cleared for the longest time and had no activity until recently and finally the billboard was up. The development is also being launched in Hong Kong (see report below).

Development name Sunway Vivaldi
Developer Sunway City Berhad
Tenure of Land Freehold
Land size 7.7 acres
Expected Completion Date 2011
Total of Units & Blocks 228 over 6 blocks

3 blocks of 9 storeys condominium
3 blocks of 20 storeys duplex condominium

Prices RM900psf - RM1000psf
Price start from RM2.6mill for 2600sf and 3.3mil 3660sf.
Maintenance fees RM0.30psf (inclusive of RM0.03 sinking fund)
Purchasing options

1st option
10% early bird discount
80:20 scheme (developer interest bearing scheme)
Imported kitchen cabinet + appliances

2nd option
80:20 Developer Interest bearing scheme
Fully Furnished
Rental return of 7% for 2 years

Location

While the immediate location is not so favourable, higher floors facing Hartamas side will definitely have unblocked views of KL city skyline and I would expect these to be priced at premium and would be the first ones to go too. The location this development is sitting is a plot where it has power lines at one side, and Penchala Link highway on the other. Having said that, with so many development popping up in Mont’ Kiara, a good view is harder to get by the day.


Click for larger pic

As with any other Sunway development, existing buyers may be entitled to the 3% rebate under its PALS programme. I will need to confirm this though. That’s all the details I have now, but will definitely pay the office a visit for a full picture, so stay tuned!

17th April 2008 - Site plan & floor plans update, after the jump.

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Panorama at Persiaran Hampshire launches

Friday, April 11th, 2008

Finally a new launch to perk up the quiet property market a bit! If you have driven along Jalan Ampang before, you will probably see this rather small billboard previewing a new development around that area. I recall the façade was rather sleek, with a very contemporary and modern building with full glass façade… and now it’s finally being launched. Called Panorama, the smallest 1 bedroom unit will start at above RM 1 million!

Panorama is just about 5 minutes away from KLCC, and located right behind Hotel Corus. I have yet to visit the site but I have always liked the Hampshire area as it looks rather secluded but in actual fact it’s just a few minutes away from KLCC. More photos and layout plans after the jump.

Development name Panorama
Developer Promatik Emas Sdn Bhd (Joint venture between UOL Group Limited & General Corporation Berhad)
Tenure of Land Freehold
Expected Completion March 2011
Total of Units 223
Prices RM1,016,700 – RM2,977,800
Units 1-bedroom apartment (592sf, 603sf)
2-bedroom apartment (1152sf, 1249sf)
3-bedroom apartment (1798sf, 1819sf)
   
Other features - 5 minutes stroll to KLCC, next to KLCC LRT station
- Breathtaking view of the city skyline
- Luxury finishes with marble and timber flooring
- Fully fitted kitchen equipped with appliances, built-in wardrobes and fully air-conditioned.
- Recreational facilities include 37m lap pool; play pool, rainforest shower, gym, BBQ terrace, and environmental deck at Level 7.

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Chicago Spire launches in Singapore, then Malaysia

Tuesday, April 8th, 2008

Chicago Spire

Did you guys catch the full page advert on the Chicago Spire last Saturday? I remember seeing the exact same advert (with different contact details of course) in an in-flight magazine enroute from Zurich back to London; and thought what a peculiar building it was…it looks pretty much like a screw! So it caught me by surprise when I saw the full-page ad being splashed in our local The Star. I started to wonder if Malaysians do have the power to buy into this kinda development, which starts at about USD750,000 (RM2.391million) for the smallest studio unit all the way to USD40million for the penthouse with totals up to 1200 condo units. They have also added a guaranteed 7.5% returns for the first two years.

Anyway, seeing this being launched in KL, this could signal two things: either they have done enough research to know that there are a lot of Malaysians here who are loaded with cash who would invest, or they just had no choice to launch it overseas since the credit crunch crisis over at the Stateside. The Chicago Spire is marketed locally by Rahim-Co Savills.

31 Mar 2008: Offshore: Chicago Spire takes on the world (The Edge)

Singapore investors were among the first few hundred given the chance to cherry pick apartments in the soon-to-be-tallest skyscraper in the Northern Hemisphere, the 2,000ft-high Chicago Spire in the US. Recently, more than 800 people turned up for the private launch on a Friday evening, followed by a weekend property exhibition of The Chicago Spire.

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Planters’ Haven by Sime Darby Property

Tuesday, March 18th, 2008

Planters’ Haven, a whopping 360 acre development comprising orchard homes will be launching its next phase with built ups at about 5000sf. The development was initially launched at about 10 years ago. I remember reading about this interesting development in some property forum sometime back and was mesmerised by it’s offering…a place that would be extremely awesome to own when one retires someday.

Last year together with Canon, they organised a photo taking competition at Planters’ Haven site and the photos that were churned out were simply breathtaking. Pics above are some of the winning entries.

Planters’ Haven is located near Nilai town about 10km to the east of the Kuala Lumpur International Airport (KLIA) in Sepang and 18km to the south of the new Putrajaya. Access from the KL-Seremban highway is via the Nilai Interchange, which is 25 minutes from the Sungai Besi toll plaza adjacent to the North-South Highway.

More information on the development at http://www.planters-haven.com/. There’s an old article dated back to 1997 with some interesting pricing after the jump.

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