Wednesday, November 20, 2013

Fraser Towers, No. 92, Jalan 5/60, 46000 Petaling Jaya, Selangor





Property Code: PB393949
Auction Price: RM 600,000.00
Land Area: 1553 sq.ft
Auction Date: 2013-11-27
Tenure: Freehold

 Received 2 phone called from Standard Chartered Bank regarding the above auction property already called off, why still appear in the Internet. After checked with the listing is was no longer in the auction list. So removed this listing from the www.propwall.com.my.





Fraser Towers is a freehold condominium nestled in Gasing Heights, Petaling Jaya. The condominium is a developed by Gasing Heights Sdn Bhd and it was completed in 1994. It is located adjacent to Maxwell Towers and Cameron Towers, as well as Gasing Indah terrace house and bungalows.
Fraser Towers comprises of two blocks of 26-storey, which have total of 260 units of condominiums. The 3 bedrooms and 3 bathrooms layout have built-up size of 1,553 sf each unit. The condominium has a very low density which each floor only have 5 units.
There are numbers of learning institution nearby Fraser Towers, ranging from primary to tertiary academic institutions such as SMK (P) Taman Petaling, SRA Kampung Pasir Baru, SMK Petaling, Kolej Kemahiran Tinggi Mara and UNITY College University. Furthermore, Assunta Hospital, University Malaya Hospital, MBPJ Hockey Stadium, Arena Rakan Muda and Jamek Sultan Abdul Aziz Mosque are also located within close proximity to Fraser Towers.
Fraser Towers is served by a network of highways and expressways such as NPE highway, Federal Highway and LDP highway. Besides that, there are a few LRT stations located within 5km radius, such as KTM Petaling, KTM Pantai Dalam, Rapid KL Taman Jaya. In addition, it only takes 15 mins drive to the nearest shopping center such as Mid Valley and Bangsar Village Shopping Center.
Property Details
  • Name: Fraser Towers
  • Address: Jalan 5/58B, Bukit Gasing, 46000 Petaling Jaya, Selangor
  • Developer: Gasing Heights Sdn Bhd
  • Type: Condominium
  • Tenure: Freehold
  • No. of Blocks: 2
  • No. of Storey: 26
  • No. of Units: 260
  • Built-up: 1,553 sf
  • Subsale Price: RM600,000 - RM2,500,000
Facilities
  • Barbecue area
  • Cafeteria
  • Covered car park
  • Gymnasium
  • Jogging track
  • Mini market
  • Playground
  • Swimming pool & Wading pool
  • Tennis court
  • Squash court
  • 24hr security 24-hour security
Analysis
The developer of Fraser Towers was liquidated years ago. But it has since been resolved and the owners had setting up an association to overcome problems and taking over the management. The association managed to stop the developer from taking out RM400,000 from the condominium management company’s account.
If you are a big fan of natural view, then Fraser Towers is your best choice. The 26-storey condominium has a good view on Bukit Gasing. Furthermore, it is cold and windy that the air-conditioner is not necessary even in hot afternoon. Given the low density and most of the resident there are professionals and businessmen, Fraser Tower is an ideal condominium if you are looking for your first house.
Overall, Fraser Towers is a well maintained condominium and a good choice to consider if you love the greenery scene and fresh air of Gasing Heights. In addition, the low density, its strategic location and the freehold tenure will remain as the attraction to the buyer or investor.





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