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KUALA LUMPUR: Almost 90% of the non-bumiputera units at the latest condominium project in Desa ParkCity, one of the hottest real estate in Kuala Lumpur now, have been snapped up at an average RM600 psf over the weekend. Perdana ParkCity Sdn Bhd, developer of Desa ParkCity had held a priority launch for The Westside One condominium on June 5.
Perdana ParkCity's group CEO Lee Liam Chye told theedgeproperty.com that it initially planned to open about half of the 338 units in the project for the priority launch but decided to open up all the units following the overwhelming response.
"We had about 2,100 registrants prior to the launch. So far, almost 90% non-bumiputera units have been taken-up," Lee said, adding that about 16% of the homebuyers were repeat Desa ParkCity buyers. Limited early bird discounts of 3% were offered during the launch, while 2% discounts were given to repeat buyers.
The units in the 40-storey tower have built-ups from 969 sq ft to 2,066 sq ft. The project on a 4.23-acre freehold tract is expected to complete by June 2013.
The strong response for The Westside One condominium has come on the heels of a spike in prices of landed homes in the township lately. According to a report on theedgeproperty.com on May 31, the 2-storey terraced Adiva Parkhomes here which were sold for RM550,000 in 2003 has recently been sold at RM1.1 million on the secondary market while 3-storey units sold for RM650,000 during launch were recently transacted at RM1.6 million.
Its gated and guarded Zenia and Amelia developments within the township, both launched in 2005, have also recorded significant increases recently. The 2-storey terraced Zenia Parkhomes were launched from RM615,000 to RM650,000 and transacted this year at RM1.4 million, while the 3-storey homes which were originally sold from RM800,000 to RM900,000 were recently transacted at between RM1.6 million and RM1.9 million.
The 473-acre Desa ParkCity township is located 13km west of Kuala Lumpur and is currently about 50% completed. Next to be launched within Desa ParkCity are signature terraced hillhomes called Casaman. The gated and guarded project comprising 147 units of 2 and 3-storey strata-titled units with built-ups from 3,100 sq ft to 4,300 sq ft will be on a 21.1-acre freehold tract.
The priority launch for Casaman is on June 26. Indicative prices for Casaman are from RM1.7 million for the 2-storey units and between RM2.1 million and RM2.9 million for the 3-storey units.
Perdana ParkCity, a member of Sarawak-based Samling Strategic Group, recently won the FIABCI Prix d'Excellence 2010 for the Residential (Low Rise) Category for its Adiva homes within Desa Parkcity. FIABCI is the acronym for the Paris-based International Real Estate Federation. The 4.5-acre freehold gated and guarded strata-titled development comprises 78 units of Parkhomes, 66 units of Courtyard terraces and 16 Courtyard apartments, which were launched in 2003 and completed in April 2006.
Perdana ParkCity's group CEO Lee Liam Chye told theedgeproperty.com that it initially planned to open about half of the 338 units in the project for the priority launch but decided to open up all the units following the overwhelming response.
"We had about 2,100 registrants prior to the launch. So far, almost 90% non-bumiputera units have been taken-up," Lee said, adding that about 16% of the homebuyers were repeat Desa ParkCity buyers. Limited early bird discounts of 3% were offered during the launch, while 2% discounts were given to repeat buyers.
The units in the 40-storey tower have built-ups from 969 sq ft to 2,066 sq ft. The project on a 4.23-acre freehold tract is expected to complete by June 2013.
The strong response for The Westside One condominium has come on the heels of a spike in prices of landed homes in the township lately. According to a report on theedgeproperty.com on May 31, the 2-storey terraced Adiva Parkhomes here which were sold for RM550,000 in 2003 has recently been sold at RM1.1 million on the secondary market while 3-storey units sold for RM650,000 during launch were recently transacted at RM1.6 million.
Its gated and guarded Zenia and Amelia developments within the township, both launched in 2005, have also recorded significant increases recently. The 2-storey terraced Zenia Parkhomes were launched from RM615,000 to RM650,000 and transacted this year at RM1.4 million, while the 3-storey homes which were originally sold from RM800,000 to RM900,000 were recently transacted at between RM1.6 million and RM1.9 million.
The 473-acre Desa ParkCity township is located 13km west of Kuala Lumpur and is currently about 50% completed. Next to be launched within Desa ParkCity are signature terraced hillhomes called Casaman. The gated and guarded project comprising 147 units of 2 and 3-storey strata-titled units with built-ups from 3,100 sq ft to 4,300 sq ft will be on a 21.1-acre freehold tract.
The priority launch for Casaman is on June 26. Indicative prices for Casaman are from RM1.7 million for the 2-storey units and between RM2.1 million and RM2.9 million for the 3-storey units.
Perdana ParkCity, a member of Sarawak-based Samling Strategic Group, recently won the FIABCI Prix d'Excellence 2010 for the Residential (Low Rise) Category for its Adiva homes within Desa Parkcity. FIABCI is the acronym for the Paris-based International Real Estate Federation. The 4.5-acre freehold gated and guarded strata-titled development comprises 78 units of Parkhomes, 66 units of Courtyard terraces and 16 Courtyard apartments, which were launched in 2003 and completed in April 2006.
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