Friday, May 6, 2011

8 Petaling, Sri Petaling



8 Petaling is a spacious concept condominium nestled in Sri Petaling. It is developed by the renowned I & P Group and scheduled to launch on March 26, 2011. It neighbors Endah Villa, Endah Promenade and Endah Regal.

8 Petaling sits on a 3.3 acre of leasehold land and has a total gross development value (GDV) of RM123 million. It consists of 22 duplex penthouses and 134 single-storey units. The units are sprawling over a single C-shape block with connected corridor from one end to another.

Each unit at 8 Petaling has built-up size from 1,669 sf to 4,874 sf. Penthouse comes with private rooftop garden. There are 22 units on each typical floor (level 1 to 6), 18 units on level 7 and 10 units on level 18.

Several amenities are just minutes away by foot from 8 Petaling. It is just about 500m away from Endah Parade that houses Carrefour as its anchor. In addition, it is near to Sri Petaling ‘pasar malam’ or night market which is held twice a week. Besides that, there are SRK Bandar Baru Seri Petaling and SMK Bandar Baru Seri Petaling.

Located just 15km away from the city centre, residents of 8 Petaling will enjoy vast network accesses from their residence including KL-Seremban Highway, South Shah Alam Expressway (KESAS), New Pantai Expressway (NPE), Middle Ring Road 2 (MRR2) and KL-Putrajaya Maju Expressway (MEX).
Property Details

* Name: 8 Petaling
* Address: Jalan Radin, Zone K, Bandar Baru Sri Petaling, Kuala Lumpur
* Developer: Petaling Garden Sdn Bhd (a subsidiary of I & P Group)
* Completion Date: April 2014 (estimate)
* Type: Condominium
* Tenure: Leasehold
* No. of Storey: 18
* No. of Units
o Single-storey: 134
o Duplex: 22
* Built-up: 1,689 – 4,874 sf
* Launch Price: From RM621,888 – RM1,667,888

Facilities

* 24-hour security
* Swimming pool
* Barbecue area
* Gymnasium
* Parking

Analysis

The newly built Endah Promenade is currently tagged at RM380 psf, while 8 Petaling is asked at about RM370. Even though it is slightly cheaper than Endah Promenade, its entry cost is very high, over RM620,000 – which is just slightly lower than the price of 2-storey terrace in the area. source : www.propwall.my/sri_petaling/8_petaling

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