Casa Tiara (SS 16 Near INTI and Subang Jaya Taylor)

Casa Tiara (also known as Tiaraville) is a serviced apartment developed by NPO Development, one of Titijaya Group's subsidiaries. Titijaya Group is one of the reputable and leading developers in Malaysia for over 20 years. Other projects by the developer including [Subang SoHo], [First Subang], and Tiara Square Business Centre.

Titjaya Group's mission is to build innovative and quality properties. Furthermore, the developer also emphasizes on the property's location, which must be at its best. With this principle in mind, the developer has become well-known for their quality and on-time handling of properties. In terms of interior, the developer strives for aesthetically pleasing conceptualized with beautiful landscaping, and based on modern and contemporary lifestyle.

Casa Tiara is located nearby several healthcare centres such as (Subang Jaya Medical Centre, Bandar Sunway Hospital) and tourism spots such as Subang Parade, Empire Subang, Grand Dorsett Hotel, Holiday Villa Hotel, Sunway Lagoon Resort Hotel, Sunway Lagoon Water Theme Park and Summit Hotel. It is accesible via Federal Highway, Kesas Expressway, Lebuhraya Damansara-Puchong (LDP), New Pantai Expressway (NPE) and North-Klang Valley Expressway (NKVE).

Property Details

* Name: Casa Tiara (also known as Tiaraville)
* Address: Jalan SS16/1, Subang Jaya, Selangor
* Developer: NPO Development (a subsidiary of Titijaya Group)
* Completion Date: 2008
* Type: Condominium
* Tenure: Freehold
* No. of Blocks: 4
* No. of Units: 611
* Built-up: 500 sf - 2,500 sf
* Launch Price: RM222,400 onwards
* Subsale Price: RM350,000 - RM1,100,000

Facilities

* Swimming pool
* 24hr security with card access
* CCTV to carpark
* Centralised SMATV
* Broadband Internet access
* Gymnasium with pool view
* Outdoor fitness station (outdoor gym)
* Children's playground
* Cafeteria
* Squash court
* Multipurpose hall
* Community hall
* BBQ pits
* Reading room
* Games room
* Surau
* Car wash area
* Nursery
* Launderette
* House-keeping facility
* In-house retail outlets


Analysis

Casa Tiara is located near Subang Parade, Carrefour, Empire Subang, First Subang and KTM Komuter train station. Hence, the condominium is prone to traffic congestion. In fact, the roads surrounding this condo are too narrow to accommodate all the activities in its surroundings.

As it is located in a commercial area, noise pollution may be prominent. The noise can be either from Federal Highway or Commuter trains. However, these problems can be ignored if the units are on higher floors. Apart from noise and traffic congestion, all units of the condo are built in the North / South orientation to prevent direct sun glare in the morning / evening.

In terms of investment, owners of Casa Tiara can get good rental deals, as there are several colleges nearby such as Inti, Taylor's, Sunway, and Metropolitan College as well as Monash University. This area is flocked with students. Other than students, this area is also filled with working adults as there are many commercial buildings and offices around.

Furthermore, due to its proximity with Subang Parade, Carrefour, Empire Subang and KTM station, Casa Tiara is a potential residency for tenants looking for convenience in public transportation and shopping-spree.

However, Casa Tiara has tough competition. Along the same road, there are many high-rise developments. This will result in stiff rental rates. Moreover, the number of students will not increase much over time as the number of students in the colleges are considered to be fixed due to limited growing space.

To overcome the traffic congestion in Subang Jaya, there will be a Subang-Kelana Jaya link, an LRT station to interface with KTM Komuter station, and lastly a 1.5 km pedestrian walkway along Jalan SS16/1 that stretches from Wisma Mesiniaga to Subang Racquet and Golf Club where [Subang Olives] is located.