Casa Andaman Sdn Bhd, a property developer has successfully launched 'Casa Subang' Service Apartments located at UEP Subang Jaya, Selangor bordering Kuala Lumpur City.
The project sited on a 3.0 acre free-hold land along Jalan Subang 1, Subang USJ 1 ( behind Courts Mammoth and near Giant Hypermarket ) and within proximity to shopping complexes, colleges, medical centres and expressways has so far received tremendous response from the public.
'Casa Subang' Service Apartments comprise 2 blocks of 25-storey high apartments, A & B and has a total of 588 units and will be fully-furnished except for the 16 units of duplex penthouses. Each block consists of 294 units and 10 units of shop lots and will be equipped with a wide range of modern facilities.
But what makes 'Casa Subang' unique is that, already a total of 286 apartment units of Block A has been blocked and will eventually be leased to SEG International Bhd, the operator of Systematic and Prime Group of colleges to serve as accommodation for its new campus which is located within walking distance from One Subang which is due to complete by end 2005.
The built-up areas range from 682 sf to 1,062 sf with 3 & 4-bedrooms each and are priced from RM166,800 to RM277,800. The built-up area for the 4-bedroom penthouses is 1,555 sf and is priced at RM 505,800 upwards.
As part of its sales package, developer, Casa Andaman will be providing purchasers with a 8% Guarantee Rental Returns (GRR ) for a period of 3 + 3 years. Free legal fees will also be extended to purchasers for the signing of the Sales & Purchase and Bank Loan agreements and subject to panel of solicitors only.
"The public's response for project has been tremendous and we have already recorded a sales figure of nearly 95% since the launch. We attribute this, simply to Casa Subang's 'prime location, assured tenants, pricing, full-furnishings and the attractive sales package.' Purchasers can certainly be assured of both the finest product quality and top range services. Again, the leasing of 286 units to SEG International for students' accommodation is certainly a great boost to us and will serve as an instant revenue earner to any purchaser or investor," said You Kong Hean, Director, Casa Andaman.
Among the facilities include a wading and swimming pool, multi-purpose room, games room, gazebo, volleyball and tennis courts, hair salon, mini-market and convenience shop, internet café, child-care centre, children's playground, laundry service centre and, finally a 24-hour security service which include a 'Prox Card' system. The lobby area is located on the ground floor and four-service lifts are made available for each block. There will also be 4-levels of podium car parks with one car park allotted to each unit.
In terms of accessibility, 'Casa-Subang' is linked via Persiaran Kewajipan, Subang USJ 1 and also to the Kesas and LDP highways.
The gross development value ( GDV ) is approximately RM 95 million and itsgross sales value ( GSV ) is estimated at RM 142 million.
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