THE ONEoregeon.com.my/wp-content/uploads/iProperty-July-2014.pdf · 2014. 7. 18. · Issue 113 |...
Transcript of THE ONEoregeon.com.my/wp-content/uploads/iProperty-July-2014.pdf · 2014. 7. 18. · Issue 113 |...
Issue 113 | July 2014 | RM8.00, S$8.00
MCI (P) 139/08/2013 KDN PP 13368/04/2013(032224)
Issue 113 | July 2014 | RM8.00, S$8.00
MCI (P) 139/08/2013 KDN PP 13368/04/2 013(032224)
ISSN 1823-8726
9 771823 872006 06 The Andes @ Bukit Jalil by Villamas Sdn Bhd
Pick of The MonthSabah Property Market: Gaining Traction
iProperty Buyers Club:
THE ONE Destination in Life That Truly Matters
Voted No.1 Property Magazine 2010/11/12/13 by A+M Magazine
72 |
CONTRIBUTOR | Oregeon Property Consultancy
Shah Alam (Sections 1 to 14)No longer the end of a highway, properties in Shah Alam are being snapped up very quickly.
The study area covered Section 1 to Section 14 of Shah
Alam, located on the north of the Federal Highway.
Out of 443,222 citizens in Shah Alam in year 2010
(Department of Statistics Malaysia), about 71% are
Malays, 12% are Chinese, 8% are Indians and 9% are of
other races, forming a living culture that is closer to the
Muslims where alcohol-related activities and nightlife
are relatively low compared to the surrounding areas,
giving it a peaceful and disciplined living environment.
The scheme is developed mainly with residential and
commercial properties, both landed and high-rise, old
and new. Living in the scheme is rather convenient as
there are hypermarkets like TESCO and Giant, University
Technology Mara (UTM), and i-City, where most forms
of entertainment can be found. Other than that the
Shah Alam High Court, Bangunan Mahkamah Sultan
Salahuddin Abdul Aziz Shah, the Shah Alam stadium and
Sultan Salahuddin Abdul Aziz Shah Golf Club are as well-
located within the scheme.
There are two major highways known as the Federal
Highway and the New Klang Valley Expressway (NKVE)
connecting the scheme to the other areas in Klang
Valley. These highways connecting several established
schemes have become major roads to travel between
work places and homes, resulting in traffic congestion
in these areas becoming very common within the
scheme, especially during peak hours. At the moment,
there is no rail service or any other sophisticated public
transportation services available within the township.
The proposed LRT extension through Shah Alam
towards Port Klang and the KTM stations located in
Klang shall be the closest public transportation system
benefiting residents from Setia Alam.
Condominium
SCheme YearBuilt-up area (Sf)
average priCe (rm pSf)
Count
Kemuncak Shah Alam
Condominium
2010
1,012-
2,043
158 14
2011 176 8
2012 242 7
2013 268 4
Prima U1 Condominium
2011 980-
1,100
329 10
2012 339 32
2013 353 15
Sri Alam Condominium
2010
797-
2,584
172 32
2011 197 36
2012 207 32
2013 261 13
Sri Mahligai Condominium
2010
1,071-
1,455
154 12
2011 197 15
2012 228 11
2013 260 6
Sri Permata Condominium
2010
950-
1,158
158 7
2011 197 10
2012 201 6
2013 287 2
Oregeon Property Consultancy Research Team
CONTRIBUTOR | Oregeon Property Consultancy
164
0
100
200
300
400
211260
297
Average Transacted Prices(RM psf)
Total Units Transacted
0
20
40
60
80
100
The recorded transaction prices of selected schemes within Shah Alam (section 1 – 14) are as below:-
| 73
apartment / ServiCed apartment
SCheme YearBuilt-up area (Sf)
average priCe (rm pSf)
Count
Baiduri Apartment
2010
850
196 6
2011 199 9
2012 193 6
2013 231 3
Brunsfield Serviced
Apartment
2010
678-
1,083
180 21
2011 213 21
2012 247 14
2013 279 7
Danau Mas Apartment
2010
815-
818
204 5
2011 238 6
2012 289 6
2013 294 4
Perdana Apartment
2010
850
171 34
2011 185 34
2012 205 40
2013 212 39
Sri Acappella
2010
726-
1,279
299 12
2011 352 24
2012 401 15
2013 450 8
Oregeon Property Consultancy Research Team
197
0
10050
150
200250
300 239 254 257
Average Transacted Prices(RM psf)
Total Units Transacted
0
20
40
60
80
100
74 |
CONTRIBUTOR | Oregeon Property Consultancy
terraCed houSe
no. of StoreYS
SChemeland area (Sf)
Yearmin (rm
pSf)max (rm
pSf)Count
1
SECTION 101,600
-2,350
2010 190,000 220,000 5
2011 190,000 300,000 7
2012 250,000 250,000 1
2013 300,000 300,000 1
SECTION 111,650
-1,660
2010 150,000 220,000 4
2011 100,000 268,000 6
2012 165,000 250,000 2
2013 200,000 230,000 2
SECTION 21,755
-1,800
2010 190,000 210,000 4
2011 110,000 235,000 4
2012 220,000 280,000 7
2013 100,000 320,000 6
SECTION 4 1,650
2010 150,000 200,000 3
2011 120,000 190,000 2
2012 200,000 230,000 3
2013 295,000 330,000 2
SECTION 111,630
-1,670
2010 300,000 357,000 2
2011 140,000 400,000 9
2012 320,000 450,000 5
2013 210,000 397,000 7
SECTION 131,300
-2,500
2010 270,000 750,000 29
2011 240,000 854,999 21
2012 300,000 1,023,888 20
2013 450,000 1,053,762 13
SECTION 41,650
-1,980
2010 230,000 400,000 9
2011 210,000 427,000 10
2012 325,000 485,000 5
2013 320,000 440,000 8
SECTION 61,500
-2,500
2010 222,800 400,000 6
2011 130,000 610,000 9
2012 375,000 375,000 1
2013 350,000 600,000 5
SECTION 71,300
-2,500
2010 240,000 475,400 47
2011 200,000 650,012 74
2012 290,000 650,000 41
2013 400,000 750,000 33
SECTION 81,496
-2,885
2010 120,000 350,000 12
2011 250,000 480,000 20
2012 200,000 540,000 18
2013 150,000 440,000 7
SECTION 91,539
-1,650
2010 290,000 380,000 6
2011 300,000 400,000 4
2012 453,000 480,000 4
2013 300,000 565,000 5
SECTION 71,540
-2,300
2010 350,000 506,000 7
2011 360,000 660,000 4
2012 330,000 770,000 4
2013 485,000 710,000 6
Oregeon Property Consultancy Research Team
Semi-detaChed houSe
no. of StoreYS
SChemeland area (Sf)
Yearmin (rm
pSf)max (rm
pSf)Count
2
SECTION 13
2,450 -
9,410
2010 580,000 2,000,000 26
2011 700,000 1,386,020 18
2012 810,000 1,350,000 10
2013 725,000 1,530,000 12
SECTION 7
3,599 -
5,000
2010 890,000 1,133,000 4
2011 840,000 1,400,000 7
2012 1,100,000 1,700,000 5
2013 850,000 1,400,000 9
SECTION 9
3,600 -
4,004
2010 650,000 700,000 2
2011 400,000 800,000 6
2012 730,000 850,000 5
2013 760,000 1,050,000 3
3
SECTION 13
3,197 -
4,252
2010 1,100,000 1,449,000 5
2011 1,100,000 1,580,000 4
2012 1,370,000 1,650,000 5
2013 1,880,000 2,000,000 2
SECTION 7
4,400 -
5,500
2010 762,000 980,000 4
2011 1,125,000 1,300,000 6
2012 1,300,000 1,750,000 8
2013 1,300,000 1,300,000 1
Oregeon Property Consultancy Research Team
Generally the high-rise dwellings were at a steady positive
growth in term of transacted prices from year 2010 to
year 2013.Hhowever, the increasing pace has shown a
slowdown in the average transacted price, i.e condo: 29%
(year 2010 - 2011), 23% (year 2011 -2012) and 14% (year
2012 – 2013), apartment / serviced apartment: 21% (year
2010 - 2011), 6% (year 2011 -2012) and 1% (year 2012 –
2013). On the other hand, total units transacted for both
sectors have shown a rather significant decrease in year
2013. As for the landed dwellings, the transacted prices
are generally on an increasing trend as well. Neverthelessn
in a less consistent condition due to the allowance for
renovations and extensions, something common between
the landed and high-rise is that both have indicated a
drop in total units transacted in 2013.
Total Units Transacted
0
50
100
150
200
Total Units Transacted
0
20
10
30
40
50
| 75
SR WONG WEN CHET B. Bus (prop). mriCS, miSm, mpepS, mmippm
Sr Wong Wen Chet is the Managing Director of Oregeon Property Consultancy Sdn Bhd. He is a
Registered Valuer & Registered Estate Agent recognized by Board of Valuers, Appraisers and Estate
Agents and has been in real estate industry for more than 6 years. He is also Committee Member of
REHDA Youth under Real Estate and Housing DevelopersÕ Association Malaysia (REHDA).
SR KOK CHIN YEE B. (hons). estate management. miSm, mpepS, mmippm
Sr Kok Chin Yee is the Manager of Oregeon Property Consultancy Sdn Bhd. He is a Registered Valuer &
Registered Estate Agent recognized by Board of Valuers, Appraisers and Estate Agents. He has more than
5 years of professional real estate experience mainly in valuation of residential and commercial properties
for retail and corporate clients.
Oregeon Property Consultancy Sdn Bhd
DISCLAIMERSince the asking prices and project status various from time to time, we do not guarantee the validity of the information found here. The analysis and the article written was based on information available and was then further modifi ed and analysed by Oregeon Property Consultancy Research Team. We bear no losses or legal liability caused by the information given.
Just like many other areas in Klang Valley, where
developments are going on and on, development lands in
Shah Alam have become limited and having been noticed
by developers, it has resulted in an outcome where most
of the new developments are of high-rise properties
instead of the landed. Apparently serviced apartments
and SoHo are the most popular type of products within
developers. As supply for landed properties have
become low, the selling prices might in a way startle to
some buyers.
Amongst the noted ongoing projects in Sec 1 – 14 Shah Alam are as follows:-
proJeCt developer tYpe
Alami Residensi World Wide Holdings Berhad3 blocks of 16 to 17 storey Serviced Apartment (444 units)
Menara U2 PKNS & Kenari Sukma Sdn Bhd1 block of 30-storey commercial complex with 474 units of SoHo
arte @ Subang WestAmanlagi Property Sdn Bhd & Nusmetro Land Sdn Bhd
1 block of 17-storey office building
D'Kayangan Residences PKNS & Lebar Daun Development Sdn Bhd
Semi-detached houses, clustered houses, and terraced houses
Metia Residence Prop Park Sdn Bhd (Hua Yang Berhad) 20-storey Serviced Apartment (306 units)
Acappella Residences Equipark Sdn Bhd1 block of 21-storey Hotel Apartment (223 rooms) and 1 block of 21-storey Serviced Apartment (125 units)
Vista Alam PKNS & Tahap Warisan Sdn BhdMixed development including 576 units SoHo and 512 units of Serviced Apartment
Studio Fourteen Medinah Court17 storey commercial complex with 196 units SoHo
i-ResidenceSumurwang Development Sdn Bhd & I-City Marketing Sdn Bhd
336 units of Serviced Apartment
i-SoVoSumurwang Development Sdn Bhd & I-City Marketing Sdn Bhd
180 units SoVo and 40 units duplex SoVo
Best Western i-City Shah AlamSumurwang Development Sdn Bhd & I-City Marketing Sdn Bhd
216-room 3 star hotel
BW Service Suites I-Bhd & Best Western International2 tower blocks containing 826 units of Serviced Suites
Central Plaza @ i-City I-Bhd & CPN Global Co Ltd6-storey Shopping mall with approximately 860,000sf net lettable area