is a freehold residential development located at Selayang, Selangor. The condominium has a gross development value of RM35 million, and was completed on time in the first half of 2008. The developers are KIP Group, which has been very active in the development scene as of late.Within KiPark Selayang, there is only one block having 12 storeys, and there are a total of 196 units within this development. The development is mid-density and the layouts are ideal for families. The developer offers 3 to 3+1 bedrooms with 2 bathrooms, over a square footage of 967 or 1,139 sf. Penthouse units come with 5 bedrooms and 4 bathrooms, over a square footage of 1,914 sf.The KiPark Selayang utilizes a thai theme with the developers having employed thai designers, whom have utilized Thai teak wood throughout the structure. The entire environment is beautifully and tastefully designed. There is plenty of facilities within, having a gymnasium, nursery, playground, swimming and wading pool. Security comes in the form of 24-hour patrol with CCTV surveillance to give its residents some peace of mind.Amenities are easily accessible from KiPark Selayang as Selayang has turned into a matured neighborhood in recent years. Nearby, there is the Selayang Mall for shoppers. Banks and eateries could be found in commercial areas scattered around the area, primarily in Selayang Jaya, and Pusat Bandar Utara Selayang. The nearest hospital is the Selayang Hospital located 2 kilometers away. The Gombak Public Library is also located nearby, right beside the Gombak Courthouse.There are several schools located near the locality of KiPark Selayang. These include SMK Ideal Heights Bukit Idaman, SK Bandar Baru Selayang, Sk Selayang Jaya, SJKC Selayang Baru, and SMK Daul Ehsan. The area is also relatively accessible, being close to Jalan Ipoh, the Selayang - Kepong Highway as well as the Middle Ring Road 2 (MRR2).
Property Details Name: KiPark Selayang Address: Persiaran 3, Bandar Baru Selayang, 68100 Selayang, Selangor Developer: Kepong Industrial Park (KIP) Group Completion Date: 2008 Type: Condominium Tenure: Leasehold No. of Blocks: 1 No. of Storey: 12 No. of Units Type A: 96 Type B: 96 Penthouse : 4 No. of Bedrooms: (3+1) - 4 No. of Bathrooms: 2 Land Area: 2.33 acres Built-up: 967 - 1,914 sf Maintenance Fee: RM178 Launch Price: From RM150,000 Subsale Price: From RM315,000 Rental: From RM1,200
Layouts Type A 3 bedrooms + 2 bathrooms (967 sf) Type B 3+1 bedrooms + 2 bathrooms (1,139 sf) Penthouse 5 bedrooms + 4 bathrooms (1,914 sf)
Facilities Covered parking Gymnasium Mini market Nursery Playground Swimming pool Wading pool 24-hour security with CCTV
KIP Group was founded in 1993 and has notable developments throughout Klang Valley as well as the Johor region. The group engages in property development as well as management, particularly in residential and commercial. Very recently in 2013, the group has announced plans to venture into office space in the very near future. The development is located near to high-end areas such as Puncak Templer which is a bungalow housing estate. The price curve for the subsale price has risen sharply after completion, having almost doubled within five years. It is unsure whether there is anymore potential for growth for investment purposes, but the price of over RM300 psf is probably justified given the surrounding amenities and facilities.