Spanning 30.08 acres of freehold land, Parklane OUG in Old Klang Road area is a development to be reckoned with. With towering blocks and awe-inspiring modern façade, the condo-cum-commercial project is destined to inspire and draw attention. It is developed in phases with the first two portions set for completion in mid 2014 while phase 3 in mid 2015.
Akisama Land, a renowned developer, who also created Connaught Avenue, 288 Residences and Dynasty Garden Condominium is the brand behind the up and coming Parklane OUG. Backed with solid years of experience and a sterling portfolio, expectations are pretty high, a challenge which the developer is more than equipped to take.
Choices of Serviced Apartments & Shop Offices
Located in Zone E, Phase 1 of Parklane OUG is comprised of 3 31-storey blocks featuring 1,053 units of serviced apartments and 32 units of 2-storey shop offices. Following suit is Phase in Zone D with 2-blocks of 33-storey towers. Making up the second phase are 778 serviced apartments and 33 shop offices. Finally, completing the master plan is Phase 3 with 6 33-storey blocks showcasing a whopping 2,394 units of serviced apartments and 139 shop offices.
Categorized according to built-up size and configuration Parklane OUG, all in all, has the following compositions to offer:
> 65 units 2-storey shop offices ( 2,558 to 7,579 sq.ft.) – 4 Bathrooms
> 139 units 3-storey shop offices ( 3,456 to 7,832 sq.ft.) – 6 Bathrooms
> 4,225 units serviced apartments (950 sq.ft.) – 3 Bedrooms + 2 Bathrooms
Priced reasonably, units are tagged from RM272 psf onwards, a competitive range as per location. But like with any property investment, one of the most important considerations is its fair market value. To check that out for Parklane OUG, you are welcome to use our free valuation guide.
Typical Residential Facilities
Crafted with your comfort and convenience in mind, the developer’s residential portion has basic amenities installed. Designed for relaxation and leisure are the swimming and wading pools alongside the pool terrace. There are also landscaped gardens for residents to stroll along in the morning or at night. Plus there’s a playground to keep children busy and happy.
Security is another priority for Parklane OUG. Strict round the clock service ensures safety for its residents, allowing them to enjoy the luxuries without anything to worry about. It also means sweet uninterrupted sleep every night.
Stay Connected to Key Destinations
Located off Klang Road, Parklane OUG is easily accessible via Jalan Puchong. Via said road, residents are connected to major highways including NPE, MRR2, KESAS and North-South which in turn connects the development to a myriad of amenities. Whether via public or private transport, Parklane OUG is close to conveniences including shopping malls, schools, commercial centres and more establishments.
Mid Valley Megamall sits 7-km away and more like the closest shopping destination in addition to IOI Mall. Other key destinations that are within reach include Sunway Pyramid, MSC Putrajaya, KLIA and the enviable KLCC where more amenities await to serve and satisfy you.
Our Two Cents Worth
Meticulously planned and armed with the promise of a perfectly balanced work, live and play lifestyle, Parklane OUG may be the next landmark to spur more growth for Old Klang Road. It is also backed by a strong developer with an impressive track record. Quality is definitely assured. But there are some details worth looking at before before making any major investment decisions. For one, the development has over 4,000 residential units. That can mean a high density setting. Another is the lack of variety. Serviced apartments have the same built-up size leaving no room for individuality. But the real concern lies on whether the units still have more room for appreciation.
To help you get down to the bottom of Parklane’s fair market value today, below is an ebook guide you can download for free.