1 Petaling

1 Petaling (also known as 1 Petaling Residences & Commerz) in Sungai Besi. Nestled within a 1.66 acre block of land, 1 Petaling is located close by to established neighborhoods such as Sri Petaling, Seri Kembangan, and Bandar Tasik Selatan.1 Petaling offers an exciting new mixed development that is suitable for young working professionals, young couples, and first home buyers, as it is conveniently located close to the Kuala Lumpur city centre. 1 Petaling's concept is a seamless integration of condominium living mixed with a commercial space. Residential units are made up of spacious and modern 3+1 bedroom units. There are 5 different sizes of residential units, ranging from a built-up area of 884 sf to 1,171 sf, starting from RM180,935. Some of these units come with a courtyard garden, which provides those residents the feel of having their own landed property.There are 33 shop units available at 1 Petaling. These shop lots range from 20' x 60' with built-up spaces ranging from 1,218 to 3,647 sf. Prices of these shop lots start from RM435,888.1 Petaling residents will be able to enjoy recreational and community facilities just like any other condominium complex. These facilities include a swimming pool, gym, children's playground, reflexology path, BBQ, reading room with WIFI access, laundry, kindergarten, and a multipurpose hall. Multi-tier security with CCTV and card access is also present.Location is a strong selling point with 1 Petaling, with public transport nearby. Nearby highways include the MRR2/Kesas, Besraya Highway, KL-Putrajaya Expressway, KL-Seremban Highway, New Pantai Expressway, and the Metramac East-West Highway. In terms of public transport, 1 Petaling is a short driving distance to the nearby train stations of Tasik Selatan and Sg Besi. An integrated bus terminal is also being built nearby 1 Petaling, whilst both MetroBus and RapidKL currently serve the area.

Property Details

Name: 1 Petaling (also known as 1 Petaling Residences & Commerz)

Address: Jalan 1C/149, off Jalan Sg Besi 57100 Kuala Lumpur

Developer: Securiservices Sdn Bhd (wholly owned by Berjaya Land)

Completion Date: March 2012

Type: Commercial & Residential

Tenure: Leasehold

No. of Units: 250

Built-up

Condominium: From 884 sf

Shop: From 1,214 sf

Launch Price

Condominium: From RM180,935

Shop: From RM435,888

Facilities

Family & Kids pool area

BBQ

Reading room

Reflexology path

Children playground

Multipurpose hall

Kindergarten

Multi-tier security

Card access

Market Trends

Analysis

For a first home buyer, 1 Petaling may seem like a good investment as it is close to Kuala Lumpur, Serdang, and Bukit Jalil which has many offices and universities in those areas. It is also a few minutes drive away from LRT stations which have ample parking spots, which will enable a first home buyer to zoom past the traffic into work. Another positive note is that it is close to Sri Petaling's Carrefour.On the other hand, 1 Petaling is right in between the two major highways of Lebuhraya Sungai Besi and the KL-Seremban Highway. This means that there will be major traffic congestion, may be very noisy, and it will be rather dusty.1 Petaling is being built next door to Petaling Indah, which was developed by Securiservices about 10 years ago. It is known that Petaling Indah's prices have not risen since the original launch back then, and Securiservices has not properly maintained the complex. It is thought that 1 Petaling may eventually also suffer the same fate, as they share the same developer.As a result, investing in 1 Petaling may not be an ideal investment, particularly as the price is rather expensive for the area. In addition, it seems to be more for homeowners rather than for rental purposes, as the rental fees are quite low here. However, if it suits your investment outlook, then you should definitely go ahead and buy it. Otherwise, there are better properties to invest in elsewhere.