Monday, October 8, 2012
Kencana Square Launching Soon by UOA
Kencana Square is yet another UOA project. It will consist of commercial, retail, offices and SOHO. The SOHOs will follow schedule H at prices about RM750-RM800psf with 2 types, the smaller 700+sf and larger 1000+sf.
Kencana Square is located directly opposite Subang Jaya, across the Federal Highway. There will be a pedestrian bridge linking it to the Subang Jaya KTM Komuter station where the new LRT extension will be built immediately above the existing station. On the Kencana Square side, there will also be an LRT station although it is farther away. Currently, although nothing much happens on this side of the highway, property prices beats Subang Jaya hands down. The 0-lot Semi-D houses which were sold below RM800k few years ago are now peddling in the market hovering above RM3million while I&P’s Temasya Glenmarie’s double storey link houses are now in the sub-sale market with nothing lower than RM1million. There is no school, no shopping malls and amenities are crap over on this side. In fact, you will be surrounded by factories and auto showrooms and workshops. So what’s the catch?
People with money certainly puzzles us a great deal…
However, I think Kencana Square will fare quite well and the over RM500k price tag for the SOHO rivals the Empire Subang and E-Tiara across the highway. There will be more details later in the month.