Tuesday, May 27, 2008

Park Seven At KLCC - Photo, Floor Plans, Layout, Hot Deals


Park Seven

Everyday essentials...
sunlight, fresh air, serenity, a sense of freedom

Park Seven comprises seven 20-storey high towers arranged in a radial configuration. This unique footprint ensures maximum natural light and ventilation.
By going back to the basics, Park Seven redefines home as a tropical sanctuary. Its design ensures that everyday essentials, natural light and ventilation, flow seamlessly into the apartment. It also boasts of the rarest luxuries of living in the heart of the city – space. At Park Seven you will enjoy generous living spaces unfettered by columns or beams. Enhanced by the raw beauty of natural materials, Park Seven provides the basis for genuine quality of life.

The Architect’s Philosophy
Park Seven has been designed as “bungalows in the sky”. The 7 rectilinear shaped units per floor are planned radially in two interconnected clusters each served by a central core for maximum external views, natural light and ventilation.

The full height laminated glazing is protected by horizontal ledges acting as sun and rain breakers augmented by low-E glass on the eastern and western facades.

The structural design has been integrated closely with the architecture to achieve column free interiors and flat slab construction for optimal ceiling height and flexibility in planning. The landscape design is a recognition of the architectural modernism and place as well as respect for the integrity of materials used.


The main communal and recreational facilities are planned on the landscaped roof of the ground floor car park podium as a double volume breezeway featuring the lap and heated swimming pools, ponds, coloured glass screens and glazed pavilions enclosing the gymnasium, yoga / pilates, multi-purpose room and children’s play area.

The materials used for construction are left exposed as much as practicable in their natural state. The reinforced concrete structure is exposed and impregnated with a water repellent solution. The aluminium framed glazing system is natural anodized. Galvanized steel gabions with selected stone are used as external feature walls, rolled and perforated steel sheets for entrance gates. Timber is unstained and natural finish. Marble is honed and unpolished.

Features

With spacious layouts and only one unit per floor, Park Seven is truly a “Bungalow in the sky”.


• 270-degree panoramic view
• private lift with key card access
• fully equipped kitchen with appliances
• 2 to 4 car parks per unit
• minimum built-up of 213 sq m (2312 sq ft)
• low-E glass to eastern & western façade
• laminated windows
• column free: flat-slab ceiling
• 3.35 m / 11.0 ft high ceiling
• built-in wardrobe
• fully air-conditioned
• hot water system


For inquiry please call or email us at cklee@megaharta.com.



Location :Persiaran KLCC
Tenure :FREEHOLD
Total Units :105 UNITS
Age of Building :Expected by 2Q 2008
Price (Sale):from RM1,600psf onwards
Rental:RM5-7psf
Built-Up :2777sf - 7192sf
Available units : FOR SALE,All unit with Full KLCC Park and Twin towers view
  1. Low floor,3083sf, 3+1+1rooms, RM1600psf
  2. Mid floor,3083sf, 3+1+1rooms, RM1700psf
  3. Hi floor,3083sf, 3+1+1rooms, RM1800psf
All units with comes with high quality kitchen cabinets and fittings.


Floor Plan


Location Map


Scheduled for completion by 1st Quarter of 2008.

Tuesday, May 20, 2008

Latest News : KLCC Overpriced ? (Extract from The Edge Daily , Investment Forum on Real Estate 2008 )

KLCC NOT OVERPRICED

There is no denying that the iconic Petronas Twin Towers in the Kuala Lumpur City Centre (KLCC) have served Malaysia well as they have put the country on the world map. The towers have not only created a focal point for the country and the Klang Valley, but also added value to the KLCC area where property prices are concerned. Over the last few years, several high-rise luxury projects have been launched and prices for luxury condominiums in the KLCC today have breached the RM2,000 psf mark.

But is there any more upside potential in the KLCC? Or is it all just hype?

Three panellists at The Edge Investment Forum on Real Estate 2008, with the theme "What's hot; what's not", addressed these issues when they presented a paper on "A real estate success story — KLCC: A developer's perspective". They were Glomac Bhd's group managing director Datuk FD Iskandar Mohd Mansor, Bandar Raya Developments Bhd's CEO Datuk Jagan Sabapathy and executive chairman of Beneton Properties Group Datuk Chan Sau Lai.

Moderated by Datuk Richard Fong, president of the International Real Estate Federation (Fiabci) Malaysian chapter and group executive vice-chairman of Glomac, the panel concurred that the KLCC is far from overpriced.

According to FD Iskandar, if one were to compare similar high-end properties in Bangkok, Singapore, Jakarta, Manila and even Ho Chi Minh City, KL's properties are among the cheapest in the region. One of the simplest ways to measure if a city is expensive is to use the Big Mac Index created by The Economist.

FD Iskandar points out that Malaysia has one of the cheapest Big Macs in the world, which means the city is "cheap".

Jagan feels the same way. "I think the dilemma for most of us is that KL is a cheap city but the KLCC is expensive. People find this difficult to reconcile with. The reality is that the city is a cheap place to live in, do business and invest and I think we're beginning to see the fruits of it," says Jagan.

He adds that there is still a lot of domestic liquidity available and although there is a credit crunch in the US and Europe, money is coming in from China, India and the Middle East. "It is common for the Arabs to put money into real estate. All this money has to find a home. The KLCC is an attractive proposition as our interest rates are low."

Malaysia's "fairly decent" economic activity and the huge amounts of investment coming in from the oil and gas and telecommunications sectors have also created more high-paying jobs. Jagan sees this as an impetus for the market. Furthermore, the country's improving educational facilities are proving to be attractive to foreigners looking to send their children overseas for education. "These people will be looking to buy quality properties. There is definitely money to buy and rent," says Jagan.

Looking at the big picture, he says Malaysia has now become attractive to high net worth Malaysians and global citizens who own several homes all over the world. "KL is the best-kept secret in the entire world, but we do an awful job telling people how good it is. I think it's a conspiracy by the rakyat to keep property prices down!"

Jagan was echoing FD Iskandar's point that Malaysia needs to be "rebranded". According to Iskandar, there will always be wealthy people who want the best and are looking for alternatives for their investments. "I believe the KLCC offers the best not only in Malaysia but also in Southeast Asia."

One of the steps that can be taken by the government to attract foreign investors is to market and position KL as an international Islamic financial hub, says FD Iskandar. "We need to focus our efforts on making KL the preferred destination to attract global investors, issuers and high net worth individuals to take advantage of their surplus private and sovereign funds."

FD Iskandar feels that the Malaysia My Second Home programme needs to be marketed better and that this should fall under the purview of the Prime Minister's Department to ensure more efficiency, speedier approvals and seamless inter-ministerial coordination.

The panel also discussed the scarcity of land in the KLCC. According to Jagan, locals and foreigners are picking up land very quickly. "Prices can only go one way — up, and that's the reality of it," he says.

Undoubtedly, the shortage of land will drive prices higher but Jagan says if one were to compare KLCC's prices on a per plot ratio basis, they are still cheaper than those in other cities in the region. "For example, YTL group's recent land purchase at RM2,000 psf in Jalan Stonor. On a per plot ratio, we're looking at a pricing of RM200 to RM300."

Chan, whose company was one of the first players in the KLCC with its Stonor Park project, says it is definitely the place to be today. "It is cool, chic and the place to chill out."

He says there are a few key factors for a successful development — location, good design and timing. "In all major capitals of the world, any development adjacent to, or with a view of iconic landmarks, will always succeed."

"In the KLCC area, projects with a view of the iconic Twin Towers will have a good chance to succeed," he adds.

According to Chan, developers also need not worry if their projects offer good design. "Good designs always sell and at the prices that KLCC properties command these days, they are more than homes. They are a statement of the owner's social standing and the people who live in them," he says.

A case in point is Bandar Raya Developments' Troika. The developer bought the land for RM560 psf in 2004 and priced the units at RM1,000 psf when it launched a year later. The market, says Jagan, reacted accordingly. "People thought we were crazy buying land at that price and even crazier when we began selling. But we had a plan and launched Troika in stages. We were not going to compete on pricing but architecture," he adds.

The strategy has certainly paid off for Bandar Raya. The Norman Foster-designed Troika today has recorded transactions at RM2,500 psf, with a portfolio of investors from over 20 countries.

"There is no hype. What we're seeing is real," says Jagan.

The past few years have certainly seen great changes to the KLCC skyline, with property prices moving at a fast clip, says Chan. He feels that as prices continue to escalate, there are two issues to consider. "First, those who want to and can afford to live in the KLCC area will buy irrespective of price. Second, investors who buy for yield or capital gain will have to consider carefully the state of the rental market."

According to Chan, as the cost psf of KLCC properties increases, condo sizes need to be smaller in order to achieve the same yields. "Moving forward, for the KLCC's property market to grow, expat rental allowance should increase and investor yield expectation should match that of other major cities. For example, rental yield for Hong Kong property in a prime area is about 2% return per year," he adds.

For KL's property market to be on a par with cities such as London, Hong Kong and Singapore, Chan agrees that KL needs to be branded as a financial hub and it has to formulate policies that will allow free movement of capital. "The government should also look at reducing or eliminating stamp duty, waiving the Real Property Gains Tax, placing no limit on the number of transactions and improving the collection of service charges and property maintenance."

Fong says the KLCC is still hot and those looking to invest should do so now. - The Edge Daily

Wednesday, May 14, 2008

Hampshire Residence - Photo, Floor Plan

Hampshire Residence


1270 sf fully furnished 2 bedroom apartment


RM1050psf only !! Tenanted to till late 2012








Thursday, May 8, 2008

KLCC PROPERTY HOT DEALS - FOR SALE !!

Choice Luxury Condo Available for Sale

CHECK OUT THE LATEST 2009 PRICING HERE >>> http://klcchotprop.blogspot.com/2009/05/klcc-property-for-sale-hot-buys-09.html

For inquiry please call or email us at cklee@megaharta.com.

1. TROIKA

  1. 2356 sq ft, Tower 1, hi floor, Type A3, RM3.89 mil, RM1650 per sq ft, full KLCC view**

  2. 2545 sq ft, Tower 1, Type A13, hi floor above sky lobby, RM4.8 mil,RM1885 per sq ft, full KLCC view, choice unit**

  3. 2245 sq ft. Tower 3, Type C3, RM4.2 mil, RM1800 per sq ft, Mid Floor, park view

  4. 2245 sq ft. Tower 3, Type C3, RM4 mil , RM1785 per sq ft, High Floor, park view

  5. 2142 sq ft. Tower 2, RM4.24M, High floor above sky lobby, park view

** Below current market price!! Find out how to place 20% downpayment upon signing Sale and Purchase Agreement and the rest get bank financing after property handover in Jan 2010. Great savings on interest while waiting on capital appreciation !!!



2. K RESIDENCE

Full Twin Towers And Park View - from RM1650psf onwards

Hot Deal!! RM1250psf, hi floor, klcc view email us for more details.

>Click here for more units for sale


3. Marc Residence

  1. RM1050psf , a beautiful 2 rooms pool view unit(great pool view) - SOLD!!

  2. 1529sf, 3+1 rooms, RM1250psf, hi floor, great city view, fully fitted, move in condition.


4. AVARE

  1. Very Hi Floor, above 35th floor - RM7.90 mil (RM2,078 per sq ft)

  2. Very Hi Floor, above 30th floor - RM6.84 mil (RM1,800 per sq ft)

  3. Hi Floor, Level 25 - RM6.08 mil (RM1,598 per sq ft)

  4. Low Floor , great pool view- fr RM4.94 mil (RM1,300 per sq ft)

  5. Very Low Floor, great pool view - fr RM4.18 mil (RM1,100 per sq ft)

Email cklee@megaharta.com for best price !!


5.Idaman Residence
  1. 929 sq ft, 2 Bedroom, SOLD !!

  2. 2174 sq ft, High Floor, from RM1200psf / RM2.6 mil

  3. 2096 sq ft, High Floor, from RM1200psf / RM2.5 mil


6. Dua Residency
  1. tenanted RM10,500 permth - 2315 sq ft, RM850 per sq ft,> 6% Rental Yield - SOLD!!

  2. Hot! 2098sf, tenanted RM10,500 permth until June 2009, fully furnish, RM1.95mil, 6.5% Rental Yield, act fast!! - SOLD

  3. 2098 sq ft, 4+1 rooms, KLCC View, RM830psf Cash Deal Only, call Joey 012-337 8878 fast !!

  4. 2315 sq ft, 4+1 rooms, greenary view, low floor, RM905psf ft with extras (wardrobe to all rooms except maid's,fans,lights) RM2,095,075

  5. 2098 sq ft, 3+1 rooms, KLCC view, mid floor, RM810 per sq ft (1,699,380) - SOLD!


7. Cendana @ Sultan Ismail
- 2100sf, 2+1 rooms, KL Tower views, Hi floor, RM890 psf, RM1.89 mil
- 4488sf,4+1 rooms, above level 30,4+1 rooms, KLCC view, RM860psf!!! Hot !!

For a property investment guide on KLCC Hot Properties.
Call Joey 012 337 8878 / Jocelyn 012 307 5622

Many more listings available at More Property Listings

Monday, May 5, 2008

The Oval Suites @ KLCC


Luxurious Living In KLCC

Oval Suites is located along Jalan Desa Kudalari the fringe of KLCC. Boast a total of 140 units of high end Sky Villas and Sky Mansion, this development comprises of 2 oval shape towers. The modern façade of the building is captivating and complete with exquisite finishing. Currently Tower 2 is open for sale.



Location :Jalan Desa Kudalari
Tenure :FREEHOLD
Total Units :140 UNITS
Completion :1Q 2009
Price (Sale):from RM1,350psf onwards
Rental:NA
Built-Up :3750sf (typical unit) 7000sf (Sky Mansion)
Available units :
cklee@megaharta.com.