Here are some shots of the actual units to be delivered to Ameera Residences buyers. SDB is aiming to complete the units by end 2009, with CF probably first quarter of 2010. The progress looks good at the moment. More details to follow.
Many photos after the jump!
When I first read about Selangor Dredging Berhad embarking on their bungalow project on a plot of steep hillslope in Damansara Heights, I wondered how could they build anything on that steep plot of land. The green lung has been there for the longest time, and just like the residents in Medan Damansara, I was quite sure that nothing could be build on that hillslope. Hence when the news broke about this development, I was quite shocked. Even more surprising was to hear that SDB decided to build 25 units of 5-storey high bungalow units!
In today’s StarBizWeekend, there’s an article focused on SDB and in the article there is a rendering of the project, which I have been awaiting as I was curious to see how this development would look like.Looking at how it’s being laid out, I sort of understood how this could work. By terracing the hill to create a flat platform, you could site these bungalows according to the hill slope. I’m hoping that SDB will ensure that every precaution that is to be taken, is taken.
Looking at the rendering, the project does turn out to be quite nice. Very modern looking indeed. Prices start at RM10m, and apparently there are units already taken up. Right. So any takers?
After several months of anticipation, Bank Negara Malaysia has cut key interest rate by 25 basis points, which means BLR may be adjusted as well. Many would seek refinancing now, but do take care of the clauses that may be introduced.
25-11-2008: BNM cuts OPR to 3.25%, SRR reduction a surprise
by Gan Yen Kuan
Email us your feedback at fd@bizedge.comKUALA LUMPUR: Bank Negara Malaysia (BNM) yesterday cut the key interest rate by 25 basis points (bps), the first rate adjustment since April 2006, and made a surprise 50bps slash to banks’ statutory reserve requirement (SRR), as the deteriorating global slowdown has started to affect domestic growth.
Was at Desa Parkcity the other day, so I decided to hop into the sleek-looking sales gallery at DPC to check on the sales status of their latest condominium offering, the Northshore Gardens. Without the assistance of any show unit, they have managed to rake in an impressive sales of 90%. Initially I was rather skeptical, as they have blocked out about 50% of the units and labelled them as Phase 1, which they have sold out. Whether it’s just to be released later, that’s another question. But looking at their revised brochure, they have only included floor plans of the units that are not sold yet.
As usual, the sales persons at DPC were frosty, cold and bordering snubs. The salesgirl attended to us was not remotely interested. Maybe because they are almost sold out, or maybe we were not worthy buyers? Only upon requesting for a brochure she reluctantly passed me one, after having to register. Yes, sales at DPC have been fire-hot, like Amelia Garden Homes, their 2 & 3 storey terrace houses, with a price tag starting at the RM800k mark and have since sold out, but is this how they treat potential customers?
Here are some units that are still available and their pricing. Pricey, but would you take a chance on them?
Type C2 (1948sf)
Level 30 RM1,121,000
Level 29 RM1,132,000
Level 21 RM1,037,000
Level 20 RM1,028,000
Level 19 RM1,039,000
Level 18 RM1,050,000
Level 17 RM1,002,000
Level 6 RM905,000
Type A (1808sf)
Level 30 RM1,012,000
Level 29 RM1,024,000
Level 21 RM937,000
Level 19 RM941,000
Level 18 RM953,000
Level 17 RM905,000
Type D2 (1485sf)
Level 17 RM767,000
Type E (2454sf)
Level 17 RM1,378,000
Level 8 RM1,326,000
Level 7 RM1,274,000
Level 6 RM1,261,000
Averaging these prices, the average selling psf is RM532psf. Crikey! Scans of the brochure and floor plans after the jump. Read the rest of this entry »
I know it’s a bit late, but better late then never! As requested by some, here is the full list of the Top 30 property developers in Malaysia as judged by The Edge Malaysia, published on 1st Sept 2008:-
Related links
The Edge’s Top Property Developers Award 2008
