Residence One, Old Klang Road
We were in Old Klang road some weeks back, near the mega-junction leading to Mid-Valley, (i believe it was when we went to see Papillon in Taman Desa) when we saw the white, new bunting ads pointing us to make a u-turn to Residence One. We were very tempted to make another sales launch visit, but resisted the urge as we were hardpressed for time, but making sure we’d come back at a later date.
So last week, we came back to look for this new project, but this time we came from the direction of Taman Tan Yew Lai, and we found that it was actually much nearer to that end of Old Klang Road. The location is just opposite Pearl Point, right in front of Wisma Elken if you’re familiar with the area.
So prime area, fronting Old Klang Road, what do we have then? Guocoland is developing this idle piece of land into a midrise condominium. The site is surrounded by shoplots on all three sides, with the aforemention frontage with the main road as the fourth side. The planned access into the development is via a side road that is parallel to Old Klang Road.
(pic below shows the proposed access road)
(and this is the road leading in from Old Klang Road)
The plot of land is a pretty small (a few acres, said the salesperson) rectangular in size, just enough for the condo footprint and a row of shoplots to be built by the developer (at a later date, of course). Perhaps due to size of the land (and maybe also the soil condition) they are unable to build a basement carpark of any sort. so all the parking for the condo is located on 4 floors above ground. Above that is the common facilities and then there are about 15 floors of units. The units either face Old Klang Road, or away from it, they call it ‘green view’ (but there’s not really much green to see). The green view is of course, the more popular choice maybe because its away from the traffic, but in terms of view both are pretty good to say the least. But since its midrise, you can’t see very far unless you get the penthouse. Some units will look straight at Pearl Point.
Unit sizes come from 970 to 1,263sq.ft. but there are penthouses available at 2,256 sq.ft. Save for the smallest unit (3 rooms) the rest have 3+1 rooms. The units have little in terms of variation, only that the spaces are slightly bigger as the sizes go up. No balconies, so that’s a plus especially for the units front the main road.
We couldn’t get some further details regarding the project, because they haven’t actually launched it officially yet, but at the moment the selling price starts from RM310k for the lowest units, and the average price is about RM250psf. However this may change at the official launch so please check with the salespeople. The maintenance is tentatively 20sen psf.
The location, as we said earlier, is relatively good for those looking to stay in this area - easy access to KL, PJ, Puchong and the highways. The price is starting a steep rate, but the developers may feel justified due to their experience, and the aforementioned location. Its also medium density, so that’s always a plus side. They lack in a lot of the common facilities offered by the competition, but this area is well developed to compensate for it in some ways. On the whole, we feel its a little pricey, but i think they may not have problems selling well.
The developer is an experienced player and have many projects across the country.
| Project Name | Residence One |
| Location | Old Klang Road, KL |
| Description | Residential midrise apartments along Old Klang Road |
| Land type | Leasehold |
| Price | From RM310k onwards (starting from RM250psf) |
| Unit size | 970 to 2,256 sq.ft. |
| No of units | 192 |
| Launch Date | now available |
| Expected Completion | Mid 2011 |
| Developer | Bedford Industrial Development Sdn. Bhd. (subsidiary of GuocoLand (M) Berhad) |
| Contact | 03 – 2164 6868 |
| Website | www.mystorey.com |
went to see the show unit 6 months ago, and half a year later there’s still not much progress. the last time i checked with the sales agent there were rumours that the project may be taken over by some foreign company, thus delaying the launch. i was told the initial launching should’ve been in march.
i was pretty impressed with the layout and location of this development. but like your review said, the price is a bit too high, especially for a leasehold property. am very satisfied with the materials given, and the layout design makes the unit look more spacious than it is.
Comment by livingmonolith — June 12, 2008 @ 7:14 pm
I went to the soft launch more than 1 year ago. Pick up rate was poor! Layout is bad & spec is so-so only. Not convincing base on the soft launch! Again pricing over price than Metro Kajang’s Saville at that time.. They claimed spec & location is better than Saville! He..he..
Subsequenlty Guocoland at one time thinking of just refund to the earlier purchasers! Seen likesome progress work carried out I believe they have no choice but to proceed & look like they need intensify the campaign..especially when everybody is not committing after the hike in petrol..
Comment by NowIC — June 13, 2008 @ 11:28 am
just wonder how is the lowest price, rm310k derived? isn’t rm250 * 970 = rm242500?
Comment by lampard — June 1, 2009 @ 2:19 am