Curvo Residences is the final residential phase of the first integrated development in Setapak, SkyArena.
Continue Reading ⋅ 30 January 2023
Coming up close to the heart of Subang in SS13 is The Grand Subang, a Small Office Flexible Office (SoFo) development that offer units sized between 520 sq ft and 883 sq ft. The Grand Subang will carry a freehold commercial title with a total of 578 units housed within two 22-storey blocks. It is a development of Mediaraya Sdn Bhd that is expected to be completed by the year 2019. The launch price for The Grand Subang stands at From RM369,980.
Address: Subang Jaya Industrial Estate, 47500 Subang Jaya, Selangor
Total number of units: 578
Property Type: SoFo
Land Title: Commercial
No of Storeys: 22
No of Blocks: 2
Tenure: Freehold
Sales Gallery: G5 Kelana Damansara Suite No.2 Jalan SS6/2 Kelana Jaya 47301 Petaling Jaya
Site GPS Coordinates: 3.070404, 101.596749
Expected Date of Completion: 2019
Built-up area: 520 sq ft – 883 sq ft
Facilities:
- Discussion rooms on the podium level
- Shuttle bus service
- Centralised laundry service
- Swimming pool
- Gymnasium
- 4-tier security service
- Gazebo
- CCTVs in the common areas
Launch Price: From RM369,980 – RM412,102
Price psf: Approximately RM700 per sq ft
Maintenance Fee psf: RM0.30 per sq ft
Special Features:
- Located close to the university hub of Subang
Project Details
The Grand Subang is a student-centric development that offers privacy and spaciousness to its residents. It carries the concept of Small Office Flexible Office (SoFo) and is commercial titled. The density of living at The Grand Subang will be low, with a total of only 578 units housed within 2 blocks of 22 storeys.
The size of the units at The Grand Subang will vary between 520 sq ft and 883 sq ft, with the smallest being a studio unit and the largest offering 3 bedrooms. For its central location, the price is reasonable at between RM369,980 and RM412,102. This translates to approximately RM700 per sq ft.
The number of facilities at The Grand Subang are not many, but each one is very much well thought of. With the anticipation of getting many student tenants, there are discussion rooms on the podium level for meetings and a centralised laundry service for convenience.
This is not to say that all is work and no fun at The Grand Subang, as they also have a swimming pool, gazebo and gymnasium. Safety is also not taken lightly, as there are CCTVs in the common areas aside from their 4-tier security service. And perhaps the most anticipated service is the shuttle bus service provided. For all these facilities, property owners will need to pay a maintenance fee of RM0.30 per sq ft.
The completion date of The Grand Subang is set to be in the year 2019.
Location
The Grand Subang is development that is located in the township of Subang Jaya, within SS13 and neighbouring SS15 across the roundabout. It is a development that has the privilege of being situated within a matured neighbourhood with easy access to many highways.
Among the highways that residents of The Grand Subang in SS13 enjoy easy access to are the New Pantai Expressway (NPE), Shah Alam Expressway (KESAS) and the Federal Highway. The major trunk roads close to home would be Jalan Kewajipan. Using these highways, motorists will be able to get to Petaling Jaya in 20 minutes, and Shah Alam in only 15 minutes and Puchong in about the same time.
Public transportation is also popular with students in the neighbourhood, especially the Subway bus rapid transit and the Kelana Jaya LRT Line Extension.
The selling point of The Grand Subang in SS13 is however the number of universities it enjoys proximity to. Within a 5- to 10-minute drive of the SoFo development are Taylor’s University, Monash University, Sunway University, Metropolitan College and Segi College.
Catering to the younger generation is also one of Klang Valley’s most popular shopping malls, Sunway Pyramid, almost within walking distance of The Grand Subang. Only slightly further is the Summit Shopping Centre, and also the neighbourhood mall Empire Shopping Gallery. Food options in the area are also aplenty in both SS15 and the Taipan Business Centre.
Analysis
As can be seen below, The Grand Subang is one of the most affordable new developments in the township and also enjoys one of the best locations.
|
Name |
Land Tenure |
No. of Blocks |
No. of Storeys |
Selling Price |
|
The Grand Subang Completion date: 2019 |
Freehold |
2 |
22 storeys |
Starts from RM369,980 |
|
The Edge Residen, Subang Completion date: 2018 |
Leasehold |
1 |
30 storeys |
Starts from RM400,000 |
|
Lot 15, Subang Completion date: 2021 |
Freehold |
2 |
20 storeys |
Starts from RM593,888 |
Summary
The Grand Subang is anticipated by property buyers to be a good investment. According to Lydia Mun, a principal of One Sunterra Properties Sdn Bhd, The Grand Subang is anticipated to have a gross rental yield of 4% to 5%. Coupled with its strategic location, owners of The Grand Subang may also enjoy decent capital appreciation from their investment.
