Tuesday, August 10, 2010

Is Suria Kinrara Complex a Serviced Apartment?

I received a couple of e-mails from my blog followers and this latest e-mail and my response is posted for sharing. The same questions could be lingering in your minds too.



Dean has left a new comment on your post "Ray of Hope at Suria Kinara":

Hi Yeong,

I just came across this blog of yours while looking around for an apartment. Thanks for the info of what you have posted, do you mind if I ask a few questions here? Hope you can give your view and comment on it.
1. It seems this is a delayed project from Talam and then revived by IJM. I know there were issues with Talam before and what had encouraged you to invest on this unit?  Answer:In any property investment, the main criteria are LOCATION, PRICE and DEVELOPER. The location is superb, with ease of accessibility to KL, Petaling Jaya, Shah Alam and KLIA/Putrajaya(refer to my blog). Talam , before its financial crisis, has a reputation of delivering medium cost housing to Malaysian and also has the reputation of bad finishing. But finishing can be rectified, as most owners would renovate after taking delivery. So, finishing is non-issue. It is known and accepted facts. Purchasers have discounted this in the price of the property.
2. Since this is known as 'serviced apartment', what is the difference compared to other apartments/condos? Is it furnished? Answer: The term "serviced apartment" was used to skirt around some development regulations. This is not a true serviced apartment but a commercial cum residential complex.  A serviced apartment is one that is fully furnished, with house-keeping services and interior maintenance.  At this point in time, it is not certain if the management company of the property can provided house-keeping and maintenance services. Even, if they do, individual owners may opt for outside service providers for better quality and efficiency.
  
This concept was well established in Thailand, Indonesia and Philippines. Malaysia is catching up with the new Pavilion Residence.

3. Have you had a chance to look at the interior yet and check on the quality/finishing? 
Answer: No. Certificate of Fitness for Occupation is not issued yet. So purchasers are barred from entering. According to the workers at the site, the final touch up is being carry out by the contractors. Utilities are connected and the swimming pool is being filled with water for leakage testing.
My request to take some pictures was denied.

Since the price is known as the cheapest in PJ, not sure if it comes with 'add-on' values to it. 
Answer: It is plain Vanilla. Bare vacant apartment.


Thanks for sharing! 

No comments: