Show Unit with 3 Bedrooms
Layout of Type A1
James – 011 3245 9299
James – 011 3245 9299
|Completion Date||from Y2001*|
|Launch Price||from RM80k*|
|Subsale Price||RM330k per unit
(median price as of Y2018)
|Asking Rental Price||from RM900 - RM1,400 per month|
|Maintenance & Sinking Fund||RM55 per month|
|Assessment Rate (Cukai Pintu)||RM129.60 x 2 = RM259.20 per year|
|Quit Rent (Cukai Petak)||?|
|Fire Insurance||RM70 per year|
|Built Up||from 850 sqft|
|Parking per unit||Min. 1|
|Facilities||Playground & multi purpose hall|
Jalan Cecawi 6/6,
Section 6, Kota Damansara,
47810 Petaling Jaya, Selangor
As of July 2019, average asking price is RM285,000 and average asking rental is RM1,100. (Based on mudah.my)
If take loan of 30 years with 4.5% interest and 10% downpayment, loan installment is RM1,300.
So if buy this property it is negative cash flow of RM200 per month. If include maintenance cost, quit rent and cukai petak, the loss is much higher.
The purchased price for this property is RM240,000 to have break even vs asking rental (only includes loan installment cost).
For Year 2018, the median transacted price is RM330,000.
Thanks to the Genting Integrated Tourism Plan (GITP) plan, especially the expected 20th Century Fox Theme Park (now cancelled), 5 new condominium being constructed and completed at Genting Highlands. It actual location is at Genting Permai.
The new condominium are:
I would like to do analysis on the first 4 condominium as they are nearer to each other. Which condo is the best to invest in? What unique value the condo can offer vs its competitor?
|Features \ Condominum||Windmill Upon Hills||Vista Residence||Geo 38 Residence||Midhills|
|Type||Serviced Apartment||Serviced Residence||Condominium||Serviced Residence|
|Land Area||5.57 acres||1.33 acres||3.80 acres||5.35 acres|
|Price Range||RM492,000 - RM1,685,000||RM889,350 - RM3,442,537||RM408,528 - RM1,873,281||RM495,000 - RM2,247,437|
|Size Range||362 sqft - 1,523 sqft||844 sqft - 3,144 sqft||642 sqft - 3,038 sqft||557 sqft - 2,450 sqft|
|Price per sqft Range||RM1,359 per sqft - RM1,106 per sqft||RM1,053 per sqft - RM1,095 per sqft||RM636 per sqft - RM616 per sqft||RM889 per sqft - RM917 per sqft|
|Maintenance Fee & Sinking Fund||RM0.40 per sqft inclusive sinking fund||RM0.30 per sqft + 10% sinking fund||?||?|
|Completion Date||July 2019||July 2018||July 2019||November 2017|
|Furnishing||Fully Furnished||Fully Furnished||?||?|
|Location||3.386096, 101.774789||3.388038, 101.772729||3.388104, 101.774780||3.387214, 101.784745|
|Developer||OSK Properties Sdn Bhd||Fututech Bhd||Pesat Bumi Sdn Bhd||LBS Bina|
|Number of Blocks||4||?||1||3|
|Number of Levels||42 Level for Tower A, B and C and 32 Levels for Tower D||33. (1 level Facilities + 23 level Service Residential + 3 level Shoplots + 6 level Carparks)||38||19|
|Number of Units||1,108||378||579||610|
|Tower A (266 units), B(267 units), C(262 units) and D(313 units)||378 units of Serviced Apartment|
31 units of Retail Lots + 11 kiosk
|Tower 1 - 192 units
Tower 2 - 251 units
Tower 3 - 167 units
|Swimming Pool||Heated Lap Pool & Kids Pool||Heated Pool||Swimming pool & Kids pool||Lap pool, Family pool & wading pool|
|Games Room||Yes||No||Yes||Yes. Foosball, pool table, chess, dart, carrom & table tennis|
|Other Facilities||Sky Deck|
Brooks & Bridges
|Private-owned roof-top sky-lounge||Sky Garden and Multi Tier Security with Access Card|
TaiChi/Yoga Deck/Reflexology Path
Exercise Pole Park
Spin Cup Fun Zone
Chilled Out Area
Open Air Messamine Fitness Station
When choosing a property, we also must evaluate its developer as it will tell whether you will get quality workmanship, deliver on time and as advertised. To evaluate that I compare based on The Edge Property Excellence Award (as it is easy to find info and the award relates on property quality as well).
Besides I try to find the developers QClassic Scoring. Unfortunately not easy to find information for the correspondent developers.
The Edge Property Excellence Award (TEPEA) is an award given to property developers based on their quantitative attributes:
and its qualitative attributes as follows:
|Developer||TEPEA 2018||TEPEA 2017||TEPEA 2016|
Quality Assessment System in Construction (QLASSIC) is a system or method to measure and evaluate the workmanship quality of a building construction work based on Construction Industry Standard (CIS 7). QLASSIC enables the quality of workmanship between construction projects to be objectively compared through a scoring system.
The accreditation is done by CIBD.
So far I can only find OSK QClassic for Emira Shah Alam Project scored at 80.28%. It means that OSK already doing QClassic to ensure that their property development follows high standard.
|Windmill Upon Hills||Vista Residence||Geo 38 Residence||Midhills|
|Less Price per sqft||0.7||0.9||1.5||1.0|
*The higher the scores, the better it is.
The best condo is Geo 38 Residence while Windmill Upon Hills scored the lowest.
Windmill Upon Hills has good facilities but more dense and more expensive.
Vista Residence has less facilities.
Geo 38 Residence has good facilities, most affordable pricing among other condos.
Midhills is less dense and has good facilities.
Windmill Upon Hills is a freehold condominium located at Genting Highland, Pahang. Specifically it is located at Genting Permai near Petron and Starbucks.
Below are pictures that I compiled from February 2017 till August 2019.
Updated till August 2019.
Target completion is October 2019.
(sources from Windmill Upon Hills Facebook & others)
Please join owner Windmill Upon Hills Telegram Group Chat