SDB Properties is making its mark as a developer of unique highend residential properties. The Ameera Residences in SS2, like its other projects, has also been well received.
SEVERAL developers have reported better sales, attributing this to increased market confidence spurred by the bullish stock market and a realisation that property prices are going up.
Today, I shall continue with reviews of two more new projects:
Ameera Residences: In the early 1990s, Jalan SS2/72 in Petaling Jaya had only one condominium, Jasmine Towers. It will now have an even better condominium, the Ameera Residences by SDB Properties Sdn Bhd (a subsidiary of Selangor Dredging Bhd).
Many SS2 residents have been waiting for such a development for a long time. Thus it was not surprising that all the 53 low-rise units (RM501,000 to RM941,500) in two blocks and about half of the 273 units, including five penthouses (RM358,500 to RM1.35mil) in a 30-storey tower block were snapped up soon after launch.
Many of the buyers are said to be residents in the area. Some of them are tired of living in old link houses and prefer to switch to the more secured lifestyle of a condominium.
The low-rise blocks have limited edition garden villas and penthouses while the high-rise apartments have spacious size of 1,200 to 3,300 sq ft.
Ameera Residences, being the first phase, occupies only about 3 acres of a longish land with the two low-rise blocks in front while the tower block is at the back. There are eight types of units per floor in the tower block. Phase 2 will have more condo units.
On its right (facing Jalan SS2/72) is Jasmine Towers and on its left is a road that separates it from two blocks of low-rise flats and the Ken 3 condominium. Ken 3 that is under construction is sandwiched between the two low-cost flats. There is a small road behind Ameera Residences that links up to the SS17 housing areas.
The fairly wide Jalan SS2/72 has always been quiet and well shaded, a sharp contrast from the congested SS2 commercial centre nearby. However, there are fears that this road may see increased vehicular traffic with more new projects coming up.
Many residents are also hoping that the end of Jalan SS2/72, where the Ken 1 and 2 condominiums, Damansara Intan e-Business Park, Casa Suites (under construction) and Casa Damansara condos are located, will not be linked to the Sprint Highway. This is because residents and visitors there may use Jalan SS2/72 as an alternative access road.
The proposed Tropicana City (with a shopping centre and a high-rise apartment) currently under construction next to the Damansara Intan e-Business Park may also aggravate the problem and this may spill over to Jalan SS2/72 if a link up materialises.
I visited the sales office-cum-show unit at the site recently. The show unit is tastefully furnished with a wooden sliding door (instead of a wall) opening to a bedroom. At an average RM280 per sq ft, it is about the same price of a link house in SS2.
Saville Residence: I visited this proposed 30-storey freehold serviced apartment about a month ago. The developer, Gabung Wajib Sdn Bhd (a subsidiary of Metro Kajang Holdings Bhd), held their sales events at its sales gallery at the West Court at Jalan Klang Lama in KL.
About 40% of the 181 units (it also has three levels of shops that would be leased out and a seven-level car park) have been sold since its launch about three months ago.
Saville Residence has a sleek and modern design and is near the intersection of the Federal Highway, New Pantai Expressway and Jalan Klang Lama. The Kerinchi Link and MidValley Megamall are nearby. The units are priced at RM311,800 to RM400,000 each (about RM260 per sq ft).
It’s a pity that the ramp from the Federal Highway to Jalan Klang Lama slightly “overshoots” the entrance to Saville Residence. Motorists will have to travel a short distance along Jalan Klang Lama to make a U-turn to return to a side road into this project.