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| Medang Serai @ Bukit Bandaraya |
Medang Serai by Bandar Raya Developments Bhd (BRDB) is located at Bukit Bandaraya, Kuala Lumpur. Bandar Raya Developments Bhd (BRDB) unveils ambitious this luxurious condo project in September 2012 with GDV of RM900mil. Medang Serai is a 21-storey towers on a 6-acre land and it is the last piece of prime real estate in the Bukit Bandaraya area and it is one of BRDB’s most luxurious and ambitious developments.
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| Medang Serai @ Bukit Bandaraya |
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| Medang Serai @ Bukit Bandaraya |
Land area : 6 acres
Tenure : Freehold
Total Unit : 121 units condos + 2 penthouses
Total Unit : 121 units condos + 2 penthouses
Sizes : condos of 4025 sq. ft. – 6913 sq. ft. and 2 units penthouses of 14,000
Selling Price : RM1300 - 1500psf
Review :
Location : Located in the affluent vicinity, Bukit Bandaraya. Sitting on a 6-acre land next to Tivoli Villa, offering net saleable area of 900,000sf, this is totally a different product from Tivoli Villa.
Location : Located in the affluent vicinity, Bukit Bandaraya. Sitting on a 6-acre land next to Tivoli Villa, offering net saleable area of 900,000sf, this is totally a different product from Tivoli Villa.
Design : The facade looks very impressive and grand. Bigger sizes are designed to accommodate to the demand of rich group. Well equipped with facilities and 3-tier security system.
Price : The pricings at 1300 – 1500psf is considered as very high-end product. In just slightly less than three months and it achieved 50% sales indicates that the demand of high-end product is still overwhelming.
My Notes : When BRDB launched One Menerung in 2006, it was priced at RM600 per sq ft. The subsale units are now transacted at RM1,000 per sq to RM1,300 per sq ft. This shows there are a different group of people who actually willing to pay for the unique product in an affluent area and prime location. In addition, there are two 14,000 sq ft penthouses worth about RM22 million each and there are few potential buyers were looking at it.
My Notes : When BRDB launched One Menerung in 2006, it was priced at RM600 per sq ft. The subsale units are now transacted at RM1,000 per sq to RM1,300 per sq ft. This shows there are a different group of people who actually willing to pay for the unique product in an affluent area and prime location. In addition, there are two 14,000 sq ft penthouses worth about RM22 million each and there are few potential buyers were looking at it.
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| Medang Serai @ Bukit Bandaraya |
