Impian Seri Setia is a leasehold, low-cost development located in Petaling Jaya, Selangor. The building was redeveloped, subsequently completed in the year 2011. The developer of this low-cost residential is Taipan Focus Group.Within Impian Seri Setia, all 476 units of housing are located within one single block, with 19 storeys. All units are identical with an approximate built-up of 650 - 750 sf, having 3 bedrooms and 2 bathrooms, which separates the shower and toilet. There are approximately 200 parking lots, which is wholly inadequate as there are over 400 units within this 19-storey building.Being a low-cost development, Impian Seri Setia comes with very little facilities. There is 24-hour security for the premises and guards would cover the entry points. There is two floors covered parking and all the units with the developer have been sold out. There is a children’s playground located at the side of the building. There are also mini markets on the ground floor, which proves to be a great convenience to the tenants.Amenities are quite a distance away from Impian Seri Setia and not particularly accessible. Located 2-4 kilometers away are shopping malls such as Amcorp Mall, Digital Mall, Sunway Pyramid and Subang Parade. Banking facilities and eateries could be found near Sunway Mentari, having many cuisines and entertainment outlets. The nearest hospitals are Sunway Medical Centre and the Assunta Hospital, both located less than 3 kilometers away.From Impian Seri Setia, there are several schools easily within walking distance. These are SJKC Sungai Way, SK Taman Dato Harun and SMK Taman Medan. The location of the development is strategic as it is located in close proximity to major roads. Nearby, there is the Lebuhraya Damansara – Puchong (LDP), Federal Highway, Old Klang Road , as well as the New Pantai Expressway (NPE).
Property Details
Name: Impian Seri Setia Address: Jalan SS 9a/14, Sungai Way, 47300 Petaling Jaya, Selangor Developer: Taipan Focus Group Completion Date: 2011 Type: Apartment Tenure: Leasehold No. of Blocks: 1 No. of Storey: 19 No. of Units: 476 No. of Bedrooms: 3 No. of Bathrooms: 2 Built-up: 750 sf Maintenance Fee: RM66 - RM75 Launch Price: RM35,000 Subsale Price: From RM140,000 Rental: From RM700Layouts
Type A 3 bedrooms + 2 bathroom (643 sf) Type B 3 bedroom + 2 bathroom (742 sf)Facilities
24-hour security Covered parking Children's playground Mini marketAnalysis
Impian Seri Setia is home to approximately 4,000 residents; this translates to very high people density and things could get a bit cramped at times. The location is also facing social issues as the locals say that the building has been “taken over” by the foreigners. The locals also note that the foreigners have been engaging in immoral activities and used condoms could be found around the playground. The locals feel intimidated when entering the lifts which are cramped. There is also the issue of insufficient parking, as the developer is legally required to provide a number of at least half the number of units in the building, +10% for visitors, which is a total of approximately 270. There are only 200 bays resulting in overpricing; the lots were sold at RM5,500 by the developer initially. Subsale prices have reached RM10,000.
