Armanee Terrace Related News

Garden in a condo(2003-10-14)

With security being an important issue to prospective home own-ers, it is not surprising that many are opting for condominiums – thanks to the accent on this feature at these developments. That said, condo dwellers do compromise on outdoor space, a luxury those who buy landed properties enjoy. Enter the latest phase of Armanee Terrace Condominium at Damansara Perdana in Petaling Jaya, touted to offer the best features of strata and landed developments.
The 348 units to be put on the market in the middle of this month are said to embody the essential features of a home, namely a private garden, high-level security, a club and optional services for residents. The intermediate units have a built-up area of 2,181 to 2,542 sq ft while the corner units offer a built-up of 2,627 to 2,820 sq ft. Pricing for the units start at RM459,300.
The latest units are a follow-up to the first phase launched in September last year. The 174 units, sold at the same price, have, to date, notched up a take-up of 75 per cent.
Sharing developer Saujana Triangle Sdn Bhd’s insight into the development is chief operating officer Peter Chan, who says: “Our primary focus is to provide a comfortable, secure, healthy and convenient luxury lifestyle.”
(Saujana Triangle is a subsidiary of MK Land Holdings Bhd – the latter was recently ranked in the fifth position in The Edge Ranking of Top Property Developers in the country [Issue 465, Sept 22].)
Elaborating on the leasehold development, Chan says the developer has gone to great lengths in terms of design, including having the landscape designed by well-known landscape architect Made Wijaya. Armanee Terrace Condominium lays claim to being the first in Malaysia to have a private garden for every unit.
With an average size of 400 sq ft, the rationale behind offering the garden stems from a survey conducted among potential buyers. The survey found that prospective buyers comprise link homeowners who want to enjoy condo living – a garden, security and amenities – and condo owners who want to have the luxury of a garden.
On top of that, the units feature elevated ceilings and modern designs that convey a feeling of space, coupled with a sense of freedom with the opening into the garden, Chan continues.
With security being a priority among prospective buyers, the developer has set aside RM3 million for security facilities that encompass perimeter fencing, specialised equipment and CCTV systems within the building and parking lots. This is to be complemented with regular patrols by security personnel.
The developer is also particularly proud of Club Armanee and the facilities offered. These include aerobics, yoga and tai chi classes as well as a children’s club where children can learn skills such as painting. Subject to certain conditions, lessons are available for free in the first year.
“For those with a hectic lifestyle and cannot find the time, we offer optional services such as housekeeping, laundry and 24-hour concierge,” Chan adds. Besides this, residents will enjoy two parking bays per unit and have access to complementary one-year broadband and Internet access.
Besides the conveniences of high-rise condo living with all the luxuries of landed homes, Chan believes the pricing of the units, at about RM220 psf, is also competitive. Thanks to the competitive pricing, the units need not command high rents in order to secure attractive yields.
The Damansara Perdana township is located in a strategic neighbourhood with IKEA, Tesco and 1-Utama just a short distance away. Access is convenient with the Damansara-Puchong Expressway, the North Klang Valley Expressway and the North-South Expressway.

Raise Overnight Policy

Bank Negara Malaysia announced to raise Overnight Policy Rate by 25bps to 3.25%.

With rate hike by 25 basis points, it’s quite certain commercial banks will follow suit to raise the Base Rate by the same quantum.

How’s the impact to our loan? For illustration, assuming 30 years loan with current loan interest of 4.20%, a 25 bps increase –

A) RM1.0M Loan
– monthly instalment increase by RM147

B) RM900k Loan
– monthly instalment increase by RM132

C) RM800 Loan
– monthly instalment increase by RM118

D) RM700k Loan
– monthly instalment increase by RM103

E) RM 600k Loan
– monthly instalment increase by RM88

F) RM 500k Loan
– monthly instalment increase by RM74

G) RM 400k Loan
– monthly instalment increase by RM59

Office/Soho Office Near LRT Station

Medium Size Office(Above 1500sf) For Rent
1. Phileo Damansara Fully Furnished 2167sf Office for Rent RM3800(Transportation: MRT Phileo)
2. Petaling Jaya, Amcorp Tower Semi Furnished 1647sf Office for Rent RM6600(Transportation: LRT Asia Jaya)
3. Ara Damansara, NZX Commercial Centre Fully Furnished 2540sf Office for Rent RM2000(Transportation: LRT Lembah Subang)
4. Kelana Jaya, Kelana Centre Point Fully Furnished 1600sf Office for Rent RM2800(Transportation: LRT Glenmarie)
5. Petaling Jaya, Jaya One Fully Furnished 2023sf Office for Rent RM5300(Transportation: Federal Bus)

Small Office/SOHO(Less Than 1400sf) Office For Rent
1. Ara Damansara, Oasis CENTUM Fully Furnished 739sf Office for Rent RM1500(Transportation: Ara Damansara LRT)
2. Ara Damansara, Oasis Square Semi-Furnished 1230sf Office for Rent RM3000(Transportation: Ara Damansara LRT)
3. Ara Damansara, Pacific Place Fully Furnished 1008sf Soho for Rent RM1600(Transportation: Ara Damansara LRT)
4. Kelana Jaya, Pinnacle Kelana Jaya Duplex room(s) Fully Furnished 898sf Condominium for Rent RM2100(Transportation: Federal Bus, LRT Glenmarie)
5. Petaling Jaya, Damansara Intan Fully Furnished 893sf Office for Rent RM2000(Transportation: Federal Bus)
6. Kelana Jaya, Taragon Kelana Fully Furnished 1155sf Office for Rent RM1700
7. Kelana Jaya, Kelana Square Fully Furnished 1300sf Office for Rent RM2500(Transportation: Federal Bus, LRT Glenmarie)
For viewing and info please call Edmund (012-6193102).Thanks

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