OUG Parklane & Steve Wong

Xjun will takecare their lunch will tar pao from Allison.....SLL feedback school holiday extended another week...so what is the Plan ?

LowWK lunch at 126
- Still mentioned about SW&BW not a good upline.....not in Top Ten..
- New comer 1) Larry Leong/563k, 2) Karen Chang/379k, 3)Vincent Hiew/249k....
- Average spending in Iproperty is $700 per-month today date about $7-8k.....
- This few month less enquiries and house viewing compare to early of the year..
- One of his kedah classmate back from US Silicon Valley......economi in US also tough....
- Studied on Parkland OUG Condo key just hand over selling $450k ( Launch price was $250k...) alot agents advertised in Iproperty...very competitive when put feature only one day already push down..

OUG Parklane, Old Klang Road (4000 units)

2011年11月05日 - Parklane OUG Official Launch by Raymond Lam

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OUG Parklane is a new residential cum commercial development in Old Klang Road vicinity. The project is sited just a stone’s throw away to Sutera Maya. Spreading over 30.08 acres of commercial freehold land, it was developed in 3 phases. Phase 1 is sited in Zone E, comprising three 31-storey blocks with a total of 1,053 apartments, and 32 units of 2-storey shop-office.

Phase 2 of OUG Parklane is sited in Zone D, consisting of 2 blocks of 33-storey apartments with a total of 778 units. Phase 2 also include 33 units of 2-storey shop-office. Phase 3, scheduled to be completed in mid year of 2015, is sited in Zone A, B and C. Phase 3 comprises 6 blocks of 33-storey building with a total of 2,394 apartments. Phase 3 also includes 139 units of 3-storey shop-office. The serviced apartment is the largest component of the development, with a total of 4,225 units. Each apartment has built-up size of 950 sf and built with 3 bedrooms and 2 bathrooms.

For early birds, the developer offers 2 water heaters, 2 shower screens, 4 air-conditional point with piping, 3 nos. air-conditioner units, kitchen cabinet, 3 bedroom wardrobe, free SPA and loan legal fees and free maintenance fees for 2 years. There are 2 types of shop-office – 2 and 3-storey types. The 2-storey shop-office comprises 65 units, and each unit has built-up sizes range from 2,558 sf to 7,579 sf and built with 4 toilets. Meanwhile, there are 139 units of 3-storey shop-office, and each has built-up sizes range from 3,456 sf to 7,832 sf. The shop-office is equipped with 6 toilets.

In terms of accessibility, OUG Parklane can be accessed via Jalan Puchong that connects to Shah Alam Expressway (Kesas), New Pantai Expressway (NPE), Middle Ring Road 2 (MRR2), North South Highway and Jalan Klang Lama. OUG Parklane is within mere minutes drive to Sri Petaling RapidKL LRT Station. It is also about 3 minutes drive to the proposed PPR RapidKL LRT Station and 5 minutes drive to Bukit Kinrara and Awan Besar RapidKL LRT Stations. It is approximately 7 km to Mid Valley City, 15 km to KLCC, 9 km to Sunway Pyramid, 25 km to Putrajaya and 40 km to KLIA.

Property Details

• Name: OUG Parklane
• Address: Jalan Puchong, Off Old Klang Road, Kuala Lumpur
• Developer: Akisama
• Completion Date
  • Phase 1 & 2: Mid 2014
  • Phase 3: Mid 2015
• Type: Condominium
• Tenure: Freehold
• No. of Blocks: 11
• No. of Storey
  • Serviced Apartment: 31 & 33
  • Shop-Office: 2 & 3
• No. of Units
  • Serviced Apartment: 4,225
  • Shop-Office: 204
• No. of Bedrooms
  • Serviced Apartment: 3
• No. of Bathrooms
  • Serviced Apartment: 2
  • Shop-Office: 2 per floor
• Built-up
  • Serviced Apartment: 950 sf
  • 2-Storey Shop-Office: 2,558 – 7,579 sf
  • 3-storey Shop-Office: 3,456 – 7,832 sf
• Launch Price: From RM272 psf

Facilities

• Serviced Apartment
  • Swimming pool
  • Wading pool
  • Pool terrace
  • Children’s playground
  • 24-hour security
  • Landscape garden

Analysis

Akisama has quite an impressive portfolio in hand, with numerous high-rise residential developments. The developer is the same developer for Kuchai Avenue, Dynasty Garden, Connaught Avenue, Continental Heights and Klang Parade. The location and pricing of OUG Parklane seem to be right. However, the number of supply worries investors. Imagine there are over 4,000 same units in the market, with the same built-up size and features. Hence, the purchasing power will be held by buyers and tenants. Will there be any room for the price to appreciate further?

Steve Wong of Maximerge Capital Sdn. Bhd.
Mr. Wong at SP, whatpp at 12:56pm/4:11pm miss called.....called back appointment at 6pm
- Dealing with imported cars/AP.....sands business at Bota Manjung but been cheated by Malay partner...now mid with high networking for future businesses...
- Joint property company Mazimerge Capital early of this year...found not easy also...but his superior made alot money from properties... (www.propertyinvestor.com.my, not found )..
- The property sold by few agents ($720k, 680k but becaused loan not approved....) very disappointed...
- Knew him from Star paper advertisement at Feb 2014...feedback by him more then 100 agents called him that time...
- Reason selling because his mom (age67 & father 80+ at Ipoh) medication fee.....may willing to sell at $650k


SW whatapp about GS agents who still active ?.....replied that sms was a virus do not open becaused his hp attacked by virus. sms message "Gs Clement Ching is this your photo ? http://ur17.me/dMLI1". downloaded but not yet run the application yet...