Desa ParkCity's CasaMan Sold Out in 5 hours !!
KUALA LUMPUR: All 147 units of terraced homes within Desa ParkCity in Kuala Lumpur, known as Casaman, were sold out within five hours on Saturday, June 26. Over 650 registrants turned up for the balloting, which started at 8.30am, some even as early as 5am.
Casaman, with a gross development value of about RM360 million, comprises 108 units of 3-storey terraced homes and 39 units of 2-storey terraced homes. The 2-storey homes, with a built-up of 3,100 sq ft were tagged from RM1.75 million while 3-storey homes with built up options of 3,900, 4,300 and 5,400 sq ft were priced at RM2.14 million.
Perdana ParkCity’s sales & marketing director Susan Tan told theedgeproperty.com that Casaman units are located on elevated ground: “It appears like a detached home eventhough it is a actually a link home. The size and proportion of the internal spaces, however, are comparable to that of semi-detached and even some bungalow houses.” Features such as internal courtyards and double volume ceilings are incorporated into the interiors to maximise natural lighting and ventilation.
"While the average selling price of Casaman is about RM650 psf, it is impossible to project the upside of the property as prices in the secondary market in Desa ParkCity have always over-exceeded our own expectations. We believe the registrants who showed up for the priority sales have done their homework and is confident of a comfortable upside," Tan added.
She said the prices were benchmarked against the prevailing secondary market prices of terraced homes in Desa ParkCity such as Amelia terrace homes. It is interesting to note that secondary market transactions for 2-storey Amelia terraced homes recently are RM1.4 million while 3-storey homes are transacting at RM1.9 million. 2-storey Zenia homes, on the other hand, are transacting at RM1.3 million and 3-storey at RM1.9 million.