Was passing through Mutiara Rini’s sales office in Mutiara Damansara last week and realise that they have the Surian Residences Show Unit signage up, so decided to check out if the show unit was truly opened. The show units are available for viewing if you enquire from the sales office. This project is yet to be launched and is expected to launch in October 2009. Sizes available for viewing are the 1400sf and 1800sf, with indicative price of Rm600psf .

Surian Residences will be the last of the 2 condominium developments in the freehold Mutiara Damansara, with Surian Condominium as the first in the now very in-demand neighborhood. All units in the Surian Residences would afford panaromic view of Mutiara Damansara, so this with land being so scarce in Mutiara Damansara, would be a huge factor in determining the pricing.

There are 2 types available for viewing, one 1400sf, and a larger one at 1800sf. The general feeling after viewing the units was that this is very good improvement from their first condo, and this one definitely is modern-looking development, opting for glass balustrades, and many ceiling height windows in the living and master bedrooms. This gives the unit a rather airy and light feeling. However, the interior designed opt for this is clunky, outdated and perhaps a bit on the rural side. Somehow I feel very claustophobic in the 1400sf due to the many unnecessary ID partitions. Overall, it is looking good, no more cheap specs like those given in Surian Condominium.With the price tentatively at RM600psf, a 800sf studio unit will be at about RM480,000.  This is already almost like Mont Kiara pricing. Mutiara Rini is definitely banking on the rising prices and demand for properties in Mutiara Damansara and is not worried about a very (very) high asking price.

More (and I mean a lot!) photos after the jump.

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The slip road from Persiaran Surian to Bandar Utama has been open for quite some time now and since then we have been able to see the exact location of the main entrance of the fast under-construction 9 Bukit Utama. Many of the visitors to the site has been asking about the official launch date about this project as the building pace is picking up by the day.

Unfortunately the project is still not being launched just yet, which I believe is wise of developer to do so when the market is now much softer compared to say a year ago. I suspect the project will be launched perhaps much nearer completion in time for the market to pick up. I’m surprise that many people are still interested with this development. We can use Bukit Utama condo and Sutramas Condo near Mont Kiara as a yardstick to see how the end product perhaps to be delivered. Please note that this mega development has a massive 900 units over 3 blocks, though location itself is a huge factor plus Freehold status. Will post more information once I do get hold of it. More photos after the jump.

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By Sharon Kam
Becoming trendsetters — that is how Boustead Properties Bhd director Datuk Ghazali Mohd Ali describes its successful Mutiara Damansara development in Petaling Jaya, Selangor. This is the fourth time that Boustead Properties has made it to the Top 10 of The Edge Top Property Developers Awards. This year, it took the 10th position. (On Aug 8 this year, the property arm of Boustead Holdings Bhd was taken private.)

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This year’s The Edge’s Top Property Developers Awards have been announced and the top players in the industry are honoured last night. This year’s awards have been expanded to include non-listed property developers, besides companies listed in the property sector on both the Main and Second Boards of Bursa Malaysia, so this would be much more interesting as we would be able to see more developers in the ranking. Here’s the top 10, in alphabetical order: -

• Bandar Raya Developments Bhd (Troika, CapSquare, One Menerung)
• Bandar Utama City Corporation Sdn Bhd (Bandar Utama, One Utama)
• Boustead Properties Bhd (Mutiara Damansara)
• E&O Property Development Bhd (Dua Residency, Idamansara, Seri Tanjung Pinang)
• IGB Corporation Bhd (Midvalley City, Hampshire Place, One Jelatek, Cendana)
• IOI Properties Bhd (Bandar Puteri Puchong, IOI Mall)
• Island & Peninsular Sdn Bhd (Seri Beringin Damansara)
• S P Setia Bhd (Setia Eco Park, Setia Sky Residences)
• Sunrise Bhd (MK10, MK11, Solaris MK)
• Sunway City Bhd. (Sunway Vivaldi, Palazzio)

The full details of the ranking will be published in the Sept 1 issue of The Edge weekly. I can’t wait to read the special pullout. Am curious to see if SDB made it to the top 30.

Related Links
29-08-2008: The Edge honours top property developers

Here are a few photos on the progress of the superlinks & semi-detached development over at Mutiara Damansara. The 2-storey superlink  was priced at RM920,000, whereas the semi-detaches were sold at a starting price of a whopping RM1.8million. Both are currently sold out.

More photos after the jump.

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