Wednesday, December 8, 2010

Icon City - Petaling Jaya


Initial plans for the land were to build three 17-storey serviced apartment buildings, a 16-storey hotel, five blocks of 25- to 31-storey office towers, a 20-storey small office home office block, 18 units of three-and-a-half-storey showrooms and 80 units of four-and-a-half-storey shop lots.
Icon City will be a one-of-its-kind green and eco-friendly development with smart features and it will further enhance Malaysia as a property investment destination.

Project Overview

InvestKLProperty Review

Outlook
It's another prestigious project from Mahsing in PJ. It truly iconic development that sets it apart from other normal stuffs. Another best thing is it is an integrated development unlike others in PJ, and it has 7-in-one. Shop office, residential, SOHO, retail lot, F&B retail, office tower and a Hotel. If a major hotel brand comes into the project then it value will be great appreciated. The price for the units is from RM687 per SQF which around 30-70% higher than the surrounding area. But it is a great investment if the developer can unleash the life of the entire project.

Rental
Is is perfectly located in between of 3 reputable universities in Cyberjaya. Potentially to attract students and education professional around that area. On top of that, the rental value will be greatly appreciated with the conveniences of the access in both public and highway. As compare the the same class service resident (fully furnished). Garden plaza has it advantages with its brand new resort themes service residents. The rental estimated can be from RM1500 onwards for 500SQF.

No comments:

Post a Comment