121 Residences, Petaling Jaya121 Residences in Petaling Jaya comprises two residential towers of serviced apartments and SoHo units. University and healthcare facilities that are within close distance to 121 Residences consist of The British International School of Kuala Lumpur, First City University College, KPJ Damansara Specialist Healthcare Facility, and Thomson Medical Facility Kota Damansara.
The transacted price for resale homes within the immediate vicinity of Kayu Ara LRT station showed a higher per sq ft according to data from Brickz. One such development 121 Residences PJ is 121 Residences by Glomac Berhad. Plaza @ Kelana Jaya is an integrated freehold residential project with a gross development value (GDV) of RM347 million.
University and health centers that are within close distance to 121 Residences consist of The British International School of Kuala Lumpur, First City University College, KPJ Damansara Specialist Health Center, and Thomson Healthcare Facility Kota Damansara.
The "CO" concept is echoed in the slogan the lifestyle Collection which means that all 3 elements - connect, comfort & community - are united under one roof, consolidated and offered exclusively to the residents of 121 RESIDENCES. The newly completed Sungai Buloh - Kajang Line (SBK Line), Skypark Link and the upcoming Bandar Utama - Klang Line (LRT Line 3) will act as property boosters for real estate in its vicinity.
121 Residences is accessible via the Lebuhraya Damansara-Puchong (LDP), SPRINT Expressway, New Klang Valley Expressway (NKVE), SPRINT Expressway and the nearby Bandar Utama MRT Station and upcoming LRT3 line. This development is from the builders of Bandar Utama, Taman Tun, Dr. Ismail (TTDI), Damansara Utama and Mutiara Damansara.
We estimate that 3QFY20 property sales will come in at RM120 million to RM130 million, driven by sales of RM70 million to RM80 million from 121 Residences and RM50 million from other existing projects. Tower A units, sized from 450 sq ft to 750 sq ft, cost an affordable RM318,000 onwards.
121 Residences by Glomac Berhad is located 400 metres away from the upcoming Kayu Ara LRT station. This freehold property is overlooking Kelana Jaya lake, MAS Training Centre, Subang National Gold Club (KGNS) is located near to Glenmarie LRT station. There is 2 layout which are 2 rooms 1 bath @ 450sqft from RM318k and 3 rooms 2 baths @ 750sqft from RM450k.
After keeping silence for the past two years the project created an uproar in the Petaling Jaya property market, 121 Residences achieved great sales. 121 residences consists of apartment units with 2-room or 3-room layout which are sized at 450 sq ft and 750 sq ft respectively.
Glomac said the significant improvement in profitability in the period was due to contribution from higher-margin projects and better performance by the property investment segment. There will be 834 units in all, split across 450 square foot SOHO apartments and 750 square foot serviced apartments.