LaCosta, Bandar Sunway

LaCosta is a high-end condominium within a resort setting nestled in the Sunway South Quay, Bandar Sunway. All units command the panoramic lakeside view as well as KL city centre skyline.

Spreading over 5.39 acres, this leasehold condominium comprises a total of 377 units sprawling over 4 blocks with built-up sizes range from 1,302 sf to 3,226 sf with 9 layout types to choose from. The units have 2 bedrooms and 2 bathrooms to 4 bedrooms and 4 bathrooms configurations. There are 4 units per floor and served by 3 lifts.

LaCosta is equipped with classy facilities such as an Olympic-length pool, sandy beach pool, wading pool, gymnasium, Jacuzzi and sky garden. There are 4 themed sky gardens featured – namely Mediterranean, Tropical, Herb and Zen Gardens. These gardens host several facilities – a games room, ballet studio and yoga zone to name a few.

LaCosta was launched in February 2011 at prices ranging from RM955,000 to RM2.2 million – at about RM650 psf. Early birds were given 1-% discount. This development has a gross development value of RM400 million.

Sunway South Quay is developed on a 178 acres of leasehold land – the last major piece of land within Bandar Sunway. Besides LaCosta, Sunway South Quay also features BayRocks, a waterfront bungalows development and several other condominiums and serviced apartment namely Nautica and A’Marine. It also comprises Monash University and a business offices and retail suites area.

South Quay City is within reach via 6 major highways namely New Pantai Expressway (NPE), Shah Alam Expressway (KESAS), Federal Highway, New Klang Valley Expressway, ELITE Highway and Damansara-Puchong Highway (LDP). Adding to that, it is about 7 minutes drive to Seri Setia KTM Komuter Station. Lacosta is also considered one of the best condos in Sunway.

Property Details

• Name: LaCosta
• Address: South Quay City, Bandar Sunway, Selangor
• Developer: Sunway South Quay Sdn Bhd (a subsidiary of Sunway City)
• Completion Date: February 2014 (estimate)
• Type: Condominium
• Tenure: {Tenure}
• No. of Blocks: 4
• No. of Units: 377
• No. of Bedrooms: 2 – 4
• No. of Bathrooms: 2 – 4
• Built-up: 1,302 sf – 3,226 sf
• Maintenance Fee: About RM0.30 psf
• Launch Price: RM955,000 – RM2.2 million

Facilities

• Olympic-length pool
• Sandy beach pool
• Wading pool
• Gymnasium
• Jacuzzi
• Play lawn
• Outdoor gallery
• Tea garden
• Sky garden
• Meditation lawn
• Tennis court
• Outdoor lounge
• BBQ deck
• 24-hour security

Analysis

Besides LaCosta, there are several high-rise residential (condominiums and service apartments) development within Sunway South Quay such as Nautica and A’Marine. These predecessors of LaCosta are launched at about RM550 psf and RM600 psf for A’Marine and Nautica respectively. Nautica was sold en-bloc to Korean investors. However, there are still several units available at the time when LaCosta was launched.

Even though the demands for these condominiums are quite high, most investors are not very interested in these developments due to high price tags as well as spoilt by choices as ones can opt for better located condominiums in established areas such as Mont Kiara, Sri Hartamas and Bangsar.