Green Terrain is a freehold residential, high-rise development located in Taman Rasa Sayang, Cheras South. It is due for completion in November 2013, by Performance Consortium, which is a member of the Binastra Group. There are a total of 208 units housed in two blocks, each block having 15 storeys. Each floor would only house seven units, thus, the density is rather low. All units will have 4 bedrooms and 3 bathrooms, with slight variation in layout and built-up size. There are three sizes; being 1,368 sf, 1,502 sf and 1,486 sf. Pricing starts from RM342,888 and up to RM750,888. Units here would benefit from 2 car parks per unit, and a built-in water heater. Units within Green Terrain are designed to allow the occupant to be more in-tune with nature. Units place emphasis on the availability of natural light and natural ventilation. The developer also utilizes the concept of "detached condominiums", which partially refers to the low density of the units and higher ceiling.Green Terrain features a three-tier security system where there is a boom gate with card access at the guardhouse, card access at car park lift, and an intercom at each of the units. CCTV facilities are located on the perimeter fencing, main entrance and exit. Facilities available include landscaped infinity and wading pool, jacuzzi, sauna, gymnasium, reading room, children's playground and public WiFi at the gymnasium and pool area. Amenities nearby are limited. Giant Hypermart is located less than 1 kilometer away. AEON Cheras Selatan and AEON Mahkota Cheras is located nearby as well. Hospitals nearby include Hospital UKM, Columbia Asia Hospital and Hospital Ampang, but the closest hospital, being UKM Hospital is roughly 10 kilometers away. There are some amenities located in the nearby neighborhood of Batu 9 Cheras and Taman Suntex, where banks and restaurants can be accessed. There are many schools nearby, such as Cempaka International School, SK Taman Cuepacs, SK Bukit Raya and SK Bandar Tun Hussein Onn. It is located in a developed area, therefore accessibility is good. It is located off the Cheras-Kajang Expressway which allows easy access to the North-South Expressway (PLUS). The SILK Highway is located just south as well, allowing easy access to the southern part to townships such as Kajang.
Property Details
Name: Green Terrain Address: Jalan Mas Utama, Taman Rasa Sayang, 43200 Cheras South, Selangor Developer: Performance Consortium (a subsidiary of Binastra Group) Completion Date: Nov 2013 (estimate) Type: Condominium Tenure: Freehold No. of Blocks: 2 No. of Storey: 15 No. of Units: 208 No. of Bedrooms: 4 No. of Bathrooms: 3 Built-up: 1,368 sf - 1,502 sf Maintenance Fee: RM0.20 psf Launch Price: RM342,888 - RM750,888 Subsale Price: Rental: Layouts
Type A 4 bedrooms + 3 bathrooms (1,368 sf) Type B 4 bedrooms + 3 bathrooms (1,502 sf) Type C 4 bedrooms + 3 bathrooms (1,486 sf) Facilities
Infinity pool Wading pool Jacuzzi Reading room Gymnasium Landscaped pools Children's playground WiFi for pool and gym areaMarket Trends
Analysis
Binastra was founded in 1979 when Binastra Construction was created, which originally focused on construction. In 2005, they ventured into property development by virtue of the creation of Binastra Group; since then they have specialized in developing residential areas, but also build industrial and commercial buildings within Klang Valley. Their motto is "Profitability acquired without sacrificing quality". A member of their group is expected to hold to the same standards.Performance Consortium also has the Grade G7, which is the highest grade of development licence issued by the Construction Industry Development Board Malaysia (CIDB). Construction quality should be satisfactory as the license grade is not given out haphazardly. This is the first development by Performance Consortium, therefore we have little to gauge the developer on. Green Terrain has seen considerable capital appreciation since the year 2011, where units were being sold at a price below RM300 psf. Currently the asking prices are approaching RM400 psf.
