Thursday, October 4, 2012
This is probably UOA’s answer to Mayland’s Dorset Place Waterfront and Mah Sing’s M-City. A 3-block 1380 unit serviced apartment, consisting of 500+sf 1-bedroom, 700+sf-2bedroom and 900+sf 3-bedroom units. Each block has over 400 units and the 1st 2 blocks are “sold out”* at prices starting from RM350k. At about RM550psf, even the larger units are around RM500k++…. However, at closer inspection, the location might not be so great. It is not quite in Taman Desa despite borrowing the Desa name from its nicer neighbour. It’s actually across the busy highway from Taman Desa which is not walkable. As seen in the map below, the site is accessible from both the ramp into Taman Desa or from the highway itself. So, if you have forgotten something after leaving the apartment, you’ll need to make one hell of a U-turn a long distance away or through one of KL’s worst traffic in the wrong part of the day. Nevertheless, it is hard to find many new launches with this kind of price tag so close to KL these days.
*UOA has not got the permit for the 1st 2 blocks. Although launched, buyers who placed their RM10k booking may still opt out with no cost. This might explain the sold out status, so it’s not really about aggressive pricing after all. The day of reckoning will be when the 3rd block is launched later this month. While UOA has not got the AP to sell the 1st 2 blocks, they have it for the 3rdblock… this is so strange… So, buyers of the 3rd block need to sign the SPA within 14 days and pay up the balance of the 10% downpayment. The rest of the 90% will be left to a Developer Interest Bearing Scheme. Now when buyers need to make the commitment, let’s see if Desa Green is so hot cake after all…
Not much details at the moment. So, wait for it at the end of this month.