Description

D'Seven Lagoon Perdana is the debut project from Wonderful Insights Sdn Bhd, a fresh face in Malaysia’s property landscape. It builds upon the continuing transformation of Bandar Sunway, a Subang Jaya township that certainly needs no introduction, given its teeming mix of commercial, retail and healthcare pull factors as well as prime educational institutions drawing in a sizeable, affluent student population.

Comprising a single 18-storey leasehold residential block on a five-storey carpark podium, the low-density project offers 359 apartment units in five layouts with built-ups from 1,016 sq ft to 1,170 sq ft. Prices for the development start from RM533,000, or RM524 psf.

Sited near the upscale South Quay residential enclave, the project sits near the junction of the Damansara-Puchong Expressway (LDP) and Shah Alam Expressway (KESAS). While its location is strategic, potential purchasers should be aware that it is surrounded by lower-cost housing projects such as Lagoon Perdana Apartment.

The developer has positioned D’Seven Lagoon Perdana for investors first and foremost, leveraging on the area’s catchment of an estimated 60,000 students from over 80 countries, along with a population of 500,000 from Bandar Sunway and Subang Jaya.

The project’s units come in 3-bedroom and 4-bedroom configurations, well-suited for subdivision and rental to students and workers from surrounding educational institutions and businesses. Each unit comes with two carpark bays.

In terms of facilities, D’Seven Lagoon Perdana features basic amenities such as a swimming pool, jacuzzi, gymnasium, barbecue pit and children’s playground. For the safety of residents, the project includes a guardhouse, 24-hour security, access card control for lifts and staircases, as well as CCTV coverage for common areas.

Part of the appeal of the project lies in its connectivity. Aside from the LDP and KESAS, D’Seven Lagoon Perdana also offers accessibility to the Federal Highway, New Pantai Expressway (NPE), New Klang Valley Expressway (NKVE) and the North South Expressway Central Link (ELITE).

In addition, the Sun-Med BRT station is less than a 15-minute walk away, connecting to the Setia Jaya KTM station and proposed USJ 6 LRT station. If completed, the LRT station will allow residents to leverage on Klang Valley’s growing integrated rail network to points across Selangor.

As a bonus, while the project sits near the LDP and KESAS, it is sheltered from traffic noise by surrounding developments, ensuring owners and tenants a degree of peace and quiet.

Amenities in the immediate vicinity include commercial shoplots fronting the development, with conveniences such as hairdressers, laundries, eateries, grocery stores, clinics, a 7-Eleven and 99 Speedmart.

Down the road, Sunway Pyramid and Sunway Lagoon offer world-class retail, dining and entertainment pull factors. Closer by, Sunway Geo is a new integrated commercial centre which features more upscale F&B establishments for a night on the town, just a 10-minute walk away.

While D’Seven Lagoon Perdana benefits from proximity to South Quay and its scenic waterfront vistas, as well as the neighbourhood’s X (Extreme) Park offering paintball, futsal and badminton activities, prospective purchasers should keep in mind the potential impact of the surrounding low-cost housing developments on long-term capital appreciation.

In addition, while the Sun-Med BRT station is close by, there have been concerns regarding the affordability of fares along the BRT line, potentially limiting its utility to residents from D’Seven Lagoon Perdana and the immediate area despite a reported 20% price decrease starting 1 Dec 2018.