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Hi, Would like to hear what people think of Northshore Gardens @ Central Park,
a luxurious 40-storey condo in the hub of Desa Park City.

Definitely selling like hot cakes !!! One moment, there were several choice units, 2 days later, there hardly any left.

Anybody has experience on rental properties in Desa Park City (RM psf ? )

Nice place, but in my opinion it suffered the hype in its prices. It is technically not in Desa Park City (though built and being managed by them), but between Bandar Manjalara (which is coming around real nice) and Taman Sri Bintang (which is not so nice). Although the higher floors should have a distant view of KLCC and the P Towers (I am guessing, because Bayu Sri Bintang houses next after the towers do), it is a pretty far one.

It used to be good value for investment, but not anymore. When it's knocking on 650 per sq. ft. then other options are much more appealing. Rental won't be worth it either because it just doesn't serve any special purpose:

- No international schools in the area
- No major commercial hotspot
- Not exactly a transportation hub, always paying toll if coming from pj and getting through secondary roads to go to KL through segambut.

If intent on living there then bargain hard and maybe something reasonable comes up in the middle of all the advertisements. There are no rental because it is not completed yet.

I thought about those comments you made a few years ago when Desa Park City started off. Now I'm proven wrong.

In fact the prices have appreciated and yet people are buying (foreigners included).

Sime Darby is opening a 300plus bedded hospital within Desa Park City in 2012 (prices of houses and condos there will escalate then) and this hospital will be next to a huge shopping mall similar to Midvalley proportions (this too will escalate house prices) and an international school is starting in 2011 (this too will escalate house prices). And if you compare Desa Park City to Mont Kiara (overcongested and high condo density), TTDI (not gated or guarded), Mutiara Damansara (congested, traffic jams, not gated)and Bandar Utama (congested, not gated or guarded) plus its well designed township and landscaping, the homework shows that it is worth the investment.

So looks like there is no better time to buy a Desa Park City property. And Northshore Gardens is right smack at the hub of Desa Park City, next to Waterfront malls and the Park City Club.

I am sorry, you must got something confused. Northshore is physically OUTSIDE desa park city. The great value about Desa Park city is what turned out to be a great harmonious project as a whole being nestled in great landscaped greenery sharing great amenities and now after a few years is showing that it was built with decent quality (Not convinced about Zenia though). For houses it is GOOD that it is not at a commercial hotspot or transportation hub. Additionally, they're selling still at 600 for the land plot alone, or the low RM500's or less for the built up if you like to calculate that way (though it's wrong), and most of the units seem to be bought-to-live or well-managed and not amateur investors. Till today Desa Park City is a good place to buy in, whether the new projects or old one, and it has the potential to appreciate.

Northshore condo sits outside the city, and already in the low to mid 600's. Make the distinction of what is a good buy now and what used to be. Regardless of the Mall and the other features that will open THEN, the price currently is not good for investment.

For example since you compared with MegaMall, an excellent condominium indeed, it is offered at below RM590. Is it reasonable that a condo that WILL have a Mall and a hospital in a few years somewhere in the neighborhood, be a good investment when it is already priced higher than a luxury condominium that is smack attached to two great Malls (Megamall/Gardens), a KTM station, a dozen bus lines, and dedicated taxi station?

It CAN, if it had the chops; like better amenities, better location, better services etc. But since it doesn't, then no it is not reasonable price to buy at. It has been buying time for Desa Park City for a while and still is, but it's not time to buy Northshore at all if you're looking for an investment.

Hi Samer,

Now you've got me really confused. Just to clarify, let me ask you this questions :

1) Is the Waterfront inside Desa Park City?
2) Is the Park City Club inside Desa Park City?
3) If the answer to both are YES, then Northshore is inside Desa Park City because it is next to these 2 places.
4) If the answer to both are NO, then I must have been mistaken about what is actually Desa Park City. As far as I can understand, once you enter the gated community (past the guard house), you are inside.

The Northshore condo is 60% built by the way.

Anyway, just to clarify matters, I've called up the Developer to ask and they said:

Northshore is INSIDE Desa Park City.
The new hospital is also inside Desa Park City.
The Club house and the Waterfront are also inside Desa Park City.

The definition of Desa Park City apparently has now been expanded not just to include the Parkhomes, Courtyard terraces, semiDs, bungalows but also the whole area of 473 acres of freehold land under Perdana Park City Sdn Bhd.

No wonder the confusion. Sorry Samer. I understand what you mean.