One Selayang

One Selayang is a leasehold mixed development nestled in Selayang. It neighbors Sri Selayang Apartment and 162 Residency. The development is a combination of shop houses and apartment units, which developed by S.E. on a piece of 10.6 acres land near junction of Jalan Ipoh and Lebuhraya Selayang-Kepong. This development was completed in 2009. One Selayang comprises of 64 shops and 448 units apartments in total. All the 64 shops are located at ground floor, meanwhile the apartment units are located at first till fourth floor. There is no lift provided in this low rise apartment, and is a walk-up type. This type of development concept has increasingly become popular at Selayang, as the neighboring development 162 Residency is also based on the same concept. In terms of facilities, unlike other apartments or condominiums which offer full facilities, One Selayang is not equipped with full facilities. However, it does offer 24-hours security and car parks as basic facilities. Aside from that, the cond offers access card system where residents are given access card to access to the premise. As for amenities, the ground floor shop houses of One Selayang provid the residents quite complete amenities. Besides, One Selayang also enjoys full amenities from its surrounding development such as Hospital Selayang, Selayang Mall, Selayang Capitol Shopping Centre, UITM Selayang Campus, Sekolah Kebangsaan Taman Prima Selayang, and lots of shops at Taman Selayang Jaya. Due to its strategic location, One Selayang is accessible via network of major highways such as Selayang-Kepong Highway, Jalan Ipoh, Middle Ring Road 2 and North South Highway.

Property Details

Name: One Selayang

Address: 68100 Batu Caves, Selangor

Developer: S.E. Bina

Completion Date: 2009

Type: Mixed Development

Tenure: Leasehold

No. of Storey

Apartment: 4

Shop-Office: 1

No. of Units

Apartment: 448

Shop-Office: 64

Built-up

Apartment: 817 sf

Shop-Office: 1,538 sf

Subsale Price:

Rental:

Facilities

24 hour security

Car park

Access Card

Market Trends

Analysis

The developer S.E. Bina is not a big or well-known developer in town. When the developer first launches One Selayang back in 2006, it merely managed to sell only 20% of the total unit. However, since the developer appointed Venture Properties as their marketing agent, they manage to sell 100% of the total units. The concept of putting shop house and apartment units has been done by a few developers before, and the sales generally not encouraging. It is generally quite noisy especially staying at the first floor where the units are too close to the shop house. Thus, not many home buyers will think One Selayang as an ideal place for own staying.However, One Selayang may be a great investment opportunity, as students from UITM Selayang campus may boost the renting demand. Judging by its low entry cost compared to its surrounding property, One Selayang can provide a good return in rental.