Posting : Sutramas Condominium, Dutamas (Introduction)

Here is a recent posting from a blog on property review "Sutramas Condominium, Dutamas (Introduction)".

In the posting, the following views were offered by the author.

1. ......(w)hile close to Mont' Kiara, Dutamas is still a struggling upcoming enclave......because it will take some time before developments there take off due to lack of commercial activities and higher end developments.
2. .......(a)lso, Dutamas lacks the presence of reputable developers at this stage, unlike Mont' Kiara with the big boys.
3. ........Sutramas, in itself, lacks the quality of finishes expected from Mont' Kiara developments.
4. ........ if you are looking for capital appreciation, it will not rival those of Mont' Kiara's.......... as most developments in (Mont' Kiara) achieve at least 30-50% appreciation upon completion.

While noting the views of the author, as owners and occupiers of Sutramas, the following is offered to balance the opinion expressed.

1. Dutamas has seen some active development lately. Apart from Sutramas itself a year ago, "Changkat View" saw the completion of the first 2 blocks with 2 more on the way. And it would just be a matter of months before the high end "Mesra Terrace" development is handed over to owners. The papers recently reported a proposal by IJM Group to develop the tract of land behind Menara Duta 2 into a mixed high rise and villa unit development. And we all know that the "L" shape tract next to Sutramas belongs to the "Bandaraya Group"
who themselves are aggressively developing their landbank. In short,development is coming this way but that does not necessarily mean that that is what owners want.
2. Sutramas is developed by the "See Hoy Chan Group" and as mentioned, the Bandaraya Group owns the piece land next door. Prestige is important but "first-mover advantage" is an edge that is more savoured by developers. For owners, this translate to lower entry cost.
3. Sutramas was developed with the prime objective of providing quality in every aspect. This extends to the quality of finishing.
4. Capital appreciation is not the sole motivator for most owners of Sutramas as its profile is almost all owner occupiers. Despite this, most owners of Sutramas would conservatively report at least a 25% to 30% appreciation in value over the course of the year.