Friday, November 6, 2009

For Sale - Metropolitan Square & Armanee Tarace II at Damansara Perdana

Metropolitan Square Introduction
Metropolitan Square is a project by MKLand Bhd targeted at modernized living lifestyle. With its first glass swimming pool in Malaysia and probably one of the largest condo project that has a mix with commercial and retail shops all at one center. It has few swimming pools, squash court, tennis court, sauna, steam, Jacuzzi and many facilities like a small mini condo township. Build on an escalated land and has a superb view over the entire Petaling Jaya city. It is probably one of the most strategic condo lifestyle living today.


Location
Located at the new golden triangle in Petaling Jaya with immense high profile developments that seldom seen in Malaysia with variety hot spots like shopping centers, lifestyle and fashion, golf driving range, commercial center, hotels, colleague, Luxurious car show room, food and entertainment center all housed by a few known operators like One Utama, The Curve, Ikano Power Center, Ikea and upcoming class A commercial office called PJ Trade Center.

It has many high profile and mature neighbors like Bandar Utama, Mutiara Damansara, Taman Tun, Damansara Uptown, Desa Park City and a high growth area like Kota Damansara. It is well connected via LDP and Pencala Link situated at a position that can reach Kuala Lumpur within 15 Minutes and Mon’tKiara within 5 minutes. Under the new government’s plan, LRT will extend it route from Taman Tun towards Kepong further bring convenience for this modern development. In term of location, I hardly find any dispute about this strategic spot.


Developer
MKLand Bhd is a well known and largest developer in town with many projects across nationwide. In late 90s and early 2000, MKLand uses their strength in lifestyle living has captured many home buyers attention. By far, the most successful project would be Damansara Perdana that has begged millions of profits to the group. However, the recent corporate exercise may paint a different picture and that will only know when the exercise is completed. But in term of stability, I will not have any question about them since they are listed in KLSE and reported profit every year with positive NTAB.

Residents and Public Opinions
The most special about Metropolitan Square @ Damansara Perdana is the location. As it is located in this vibrant and growing new golden triangle of Petaling Jaya, it has a unique advantage over other locations. Looking into the master plan of development this so called New Golden Triangle in Petaling Jaya, if more commercial, international school and hospital are to be completed in the future, the value of this golden triangle will be tremendous. Foreigner always expressed this location as different from other parts in the city cause it looks very Western. Proper planning play a major role in this factor and it is a good job well done to all developers that form this Golden triangle.

Many people talking about the subject of traffic jam at Damansara Perdana. However, this is an overall unstructured challenge to the fact of life in Malaysia. Till date, we have not seen a township that is doing well with no jam.

If a good property that can carry good return is always first location and second is the developer. Then they would probably suggest that the investment in Metropolitan Square will still carry handsome return due to its location.

These biggest developers would embark on something like Warner Bros center in this Golden Triangle or something similar. It will becomes one of the very unique township in the whole of Malaysia.

For details and Units View, please leave me your details in Comments Box.

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