PROPCAFE News : South East Asia Property Awards (Malaysia) 2016

Malaysia’s finest developers come out for South East Asia Property Awards (Malaysia) 2016

New supply from outstanding Malaysian developers shows the market’s continued signs of recovery

Prestigious property tilt welcomed more entrants in 2016, with 15 developers being shortlisted

New categories are added this year for Best Boutique Developer and Special Recognition in Sustainable Development

Property Report Congress Malaysia launched to highlight the resilience of the real estate industry

(L-R): Prem Kumar (Judging Committee Chairman & Executive Director, Jones Lang Wootton), Sheldon Fernandez (Country Manager, PropertyGuru Malaysia), Rachel Gianchandani (Business Development Director, PropertyGuru International), Audrey Chan 陈慧玲 (Partner – Audit, BDO) & Jason Tan 陈永利 (Consultant, representative from Hansgrohe, title sponsor)

KUALA LUMPUR, Malaysia – 21 July 2016

The Malaysian real estate industry leaders have spoken and today unveiled the official list of nominees for the third annual South East Asia Property Awards (Malaysia) 2016, the country’s most prestigious industry honours organised by the PropertyGuru Group.

One of Malaysia’s leading multinationals, Genting Property, dominates the list of nominees with four nods going to its residential developments; two of them, The Raintree and The Crystal, are even competing against each other for the Best Housing Development (South Malaysia) gong.

Not to be outdone, three established real estate firms – namely Sime Darby Property Berhad, United Malayan Land Berhad (UMLand), and Pacific Star Group – clinched three nominations each for their exceptional mid-range and luxury condominium projects located in South and Central Malaysia.

Sime Darby and UMLand, both Highly Commended for the Best Developer award in 2015, are also shortlisted this year in a new category for Special Recognition in Sustainable Development.

In its three-year history, the South East Asia Property Awards (Malaysia) have gathered the country’s biggest and emerging developers to celebrate their achievements, despite certain challenges the industry has witnessed in the last couple of years.

Pic 3: (L-R): Jason Tan (Consultant, representative from Hansgrohe, title sponsor), Rachel Gianchandani (Business Development Director, PropertyGuru International), Sheldon Fernandez (Country Manager, PropertyGuru Malaysia), Prem Kumar (Judging Committee Chairman & Executive Director, Jones Lang Wootton), Audrey Chan (Partner – Audit, BDO), Pauline Rungruengrayupkul (Awards Entries Manager, PropertyGuru International)

According to 30-year property veteran Prem Kumar, executive director of Jones Lang Wootton, and the chairman of this year’s central panel of judges, the Malaysian real estate sector has always been known to be resilient and its long-term growth will not be hampered by a temporary market slowdown, especially in view of government policies that have always encouraged growth of the sector as one of the key contributors to the advancement of the Malaysian economy.

Positive signs are being seen in the sector as the South East Asia Property Awards (Malaysia) returns for a third consecutive year. Real estate investors are said to be warming up again to the idea of purchasing local properties with the prospect for long-term capital appreciation, based on the latest Malaysia investor sentiment report from PropertyGuru.

“The annual South East Asia Property Awards (Malaysia) showcases the year’s best properties and investments, which have gone beyond mere financial gains and specific attributes pertinent to the difference and enhancement it has created in the property industry,” comments Kumar.

The 2016 central panel of judges, comprising prominent leaders in real estate development, management, architecture and design, have been working together in the last few months under the fair and transparent supervision of BDO, one of the world’s biggest accountancy and auditing firms, to deliberate on the eligibility and quality of nominations.

Aside from returning contenders Mah Sing Group, IOI Properties Group Berhad and Hatten Group Sdn Bhd, first-time nominees such Belleview Group, Curah Bahagia Sdn Bhd, LBS Bina Group Berhad, Matrix Concepts Sdn Bhd, Asal Harta Sdn Bhd, EweinZenith Sdn Bhd, and Medini Iskandar Malaysia Sdn Bhd, have also come out to prove that the industry is on the road to recovery.

“We are delighted to reveal the official shortlist of the third annual South East Asia Property Awards (Malaysia) to celebrate the finest developments in the country,” says Terry Blackburn, founder and managing director of the Asia Property Awards, which is now in its 11th year.

While the industry has certainly faced some hurdles in the past quarters, our international Awards programme recognises the strengths of Malaysian real estate and provides a credible platform to showcase their innovations and world-class developments to a wide, regional audience.”

As is the with the other Asia Property Awards events in ASEAN, the Best of the Best winners in Malaysia will move on to compete in Singapore at the South East Asia Property Awards grand finals in November.

In addition to the 15 award categories in Malaysia, the editors of industry-leading
Property Report
magazine will present the Real Estate Personality of Year accolade to an individual who has contributed significantly to the property sector in the past year. It is the only award not selected by the judging panel.

(L-R): Jason Tan (Consultant, representative from Hansgrohe, title sponsor), Blaine Robert (Judging Committee Panel Member – Blain Robert Design), Rachel Gianchandani (Business Development Director, PropertyGuru International), Sheldon Fernandez (Country Manager, PropertyGuru Malaysia), Prem Kumar (Judging Committee Chairman & Executive Director, Jones Lang Wootton), Dr. Daniele Gambero (CEO REI International), Khalil Adis (Khalil Adis Consultancy), Audrey Chan (Partner – Audit, BDO), Karen Tan (Pocket Projects) & Pauline Rungruengrayupkul (Awards Entries Manager, PropertyGuru International)

YB Datuk Chua Tee Yong, the Deputy Minister of the Ministry of International Trade and Industry, is confirmed to be the Guest of Honour of the South East Asia Property Awards (Malaysia) 2016 Gala Dinner, which expects to welcome some 300 guests.

The black-tie event will boosted by the support of title sponsor Hansgrohe, a leading global manufacturer of innovative and designer bathroom products, official media partner
Property Report
, host of the high-level real estate networking conference Property Report Congress Malaysia 2016, which debuts in Kuala Lumpur right before the annual Gala Dinner, as well as the network of 16 million real estate consumers of the PropertyGuru Group, including Malaysia’s No. 1 property portal, PropertyGuru.com.my.

Early bird tickets to Malaysia’s premier real estate event are offered until 26 July only. For tickets and more information, contact
info@asiapropertyawards.com
 or visit the official website:
AsiaPropertyAwards.com/southeastasiapropertyawardsmalaysia/

The full list of official nominees in the South East Asia Property Awards (Malaysia) 2016 is below:

DEVELOPER

Special Recognition in Sustainable Development

Sime Darby Property Berhad

United Malayan Land Berhad (UMLand)

DEVELOPMENT

Best Residential Development (North Malaysia)

Moulmein Rise (Luxury Suites) by Belleview Group

Upper East @ Tiger Lane, Ipoh by Curah Bahagia Sdn Bhd

Best Luxury Condo Development (Central Malaysia)

Serai, Bukit Bandaraya, KL by BRDB Developments Sdn Bhd

Best Mid-Range Condo Development (Central Malaysia)

BSP21 by LBS Bina Group Berhad

Serini Melawati by Sime Darby Property Berhad

Skyz Residence by IOI Properties Group Berhad

Best Housing Development (Central Malaysia)

Clusia by Sime Darby Property Berhad

Elymus Resort Homes by Matrix Concepts Sdn Bhd

Tamansari, Rawang by BRDB Developments Sdn Bhd

Best Luxury Condo Development (South Malaysia)

Imperio Residence by Hatten Group Sdn Bhd

Puteri Cove Residences by Pacific Star Group

Best Mid-Range Condo Development (South Malaysia)

D’Lagoon – Development by the Lake by United Malayan Land Berhad (UMLand)

The Atlantis Residences @ Kota Laksamana, Melaka by Asal Harta Sdn Bhd

Best Housing Development (South Malaysia)

The Crystal by Genting Property

The Raintree by Genting Property

Best Commercial Development

Medini 10 by Medini Iskandar Malaysia Sdn Bhd

Best Mixed Use Development

D’Sara Sentral by Mah Sing Group

DESIGN

Best Residential Architectural Design

City Of Dreams by EweinZenith Sdn Bhd

Puteri Cove Residences by Pacific Star Group

The Crystal by Genting Property

Best Residential Interior Design

Puteri Cove Residences by Pacific Star Group

The Crystal by Genting Property

Best Landscape Architectural Design

D’Lagoon – Development by the Lake by United Malayan Land Berhad (UMLand
)

Note:
The awards for
Best Developer
,
Best Boutique Developer
,
Best Residential Development (Malaysia)
 and
Best Commercial Development (Malaysia)
 will be revealed during the Gala Dinner.

About South East Asia Property Awards (Malaysia):

Returning for a third successful year in 2016, the South East Asia Property Awards (Malaysia) is part of the regional Asia Property Awards programme. The South East Asia Property Awards (Malaysia) is the most credible and prestigious industry awards in the country, with the top and emerging names in real estate celebrating the best developers, projects and designs in the country’s top-tier markets and emerging destinations.

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PROPCAFE Peek : Southbank Residence @ Old Klang Road By UOA

Next to Ara Damansara, Old Klang Road seems to be the rage these last 12 months.  We’ve seen the launches the like of
Suria Pearl
(Aikbee Timbers),  Residency V (near Pearl Point),
 9 Seputeh
 (Gapura-MRCB),
Avantas Residence
 (CPI Development),
Verve South
 (Bukit Kiara Properties) ; and further into Old Klang Road, the likes of
Petalz
 (Exsim).

Future launches on the opposite side of the Klang River includes
Pantai Sentral  Park
(by IJM) and
Nova Pantai Residence
 by Malton. Below are pictures of Pantai Sentral Park, taken near the Pantai NPE toll plaza, heading south.

Now we have the latest launch,
Southbank Residence
 by the UOA Group.

It has not been officially launched due to lack of Approval Permit, but that has not stopped developer from collecting cheques – which are payable to a stakeholder.

There altogether 2 blocks, which are in an L-shaped orientation.  If you have seen Le Yuan (both by UOA), then you have a rough idea of what I am talking about.  There is a total of 37 floors for both towers, first 10 floors are mixed between carparks and offices. Facilities are on the 11th floor.  Current launch is 12-17th floor, and 30th to 37th floors. Le Yuan’s artist rendition as follows.

Block A has a north/south orientation.

North – faces KLCC/KL Tower view, could be obstructed by 9Seputeh (4 residential towers of 40+ storeys each).

South view faces pool, and the rest of Old Klang road (i.e. Scott Garden, Pearl Point, etc).

Block B (first launched on Friday), faces an east/west orientation.

East – faces Taman Desa, potentially blocked by future A
vantas Residence
, whilst West directly faces Bangsar South/Kerinchi view – currently ‘loji kumbahan’ as well.

There are a few different units sizes, starting from 7xxsf (1+1, master bed room + study room) to 9xxsf (3 rooms + 2 bath)

All units come with 1 car park regardless of size.

Indicative maintenance is RM0.22/psf  inclusive of sinking funds.

As of today, Saturday (1/3/2014), all east facing units in Block B has been fully taken up, whilst partial of Block B west facing is still available.

Indicative price after discount, is around RM630psf (for west facing unit); and around RM680psf (for east facing units). Like a taikor said, one can easily find good window tinting for <RM10k, so West facing units could carry some potentials as the price differential is quite great.  The prices increase by RM1,000 per floor.

Units are all bare, no kitchen cabinets, wardrobes etc, just comes with air-cond points.

Sample pricing, Block A corner unit, pool facing (south) , 978sf (3 room, 2 bath)

Price                                :  RM 759,800

Discount                           : RM 55,000

Price after discount : RM 704,800 (SPA Price)

5% Discount :                 RM 37,990

Price after discount :     RM 666,810

PSF : RM 681, total due upon signing of SPA  : RM 27,990 (after minus initial booking fee of RM 10,000)

The current package is :

–       UOA is giving RM55,000 off all the listed price, then you get the nett price (which is the SPA price).

–       In addition to that, there is a 5% discount from the SPA price.

–       Therefore, a purchaser will pay only RM10k for booking, and balance of 5% – RM10k upon signing of SPA. As this project is expected to receive its APDL in March, signing could take place as early as April.

Units are being snapped up fast, at least this round UOA is being transparent (unlike Desa Green or Scenaria) – more of the details of this project can be found at the UOA show village in Bangsar South.

Comments

–       I personally like this OKR stretch – it is like 9 Seputeh, ala at the mouth of the OKR, unlike Pearl which is at the belly, or Petalz at the tail-end towards PJ state.

–       This stretch is easily accessible via Old Klang Road or via Taman Desa, is using the OKR then the U-turn is a must. Observe the picture above, OKR is even jammed on a weekend.

–       Just 10 minutes away from MidValley, easy access to Federal highway, Seremban Highway, Connaught highway, (future NPE link ? that will also mean future Komuter link?) as well as proximity to KL Sentral and future KL EcoCity.  UOA also touts “500m to future monorail”, but I wouldn’t really use monorail as the deal clincher.

–       Price of RM680psf is not cheap, buyers/investors are urged to consider properly the exit plan, unless it is for own stay – then the considerations are different altogether.

–       Or use Scotts Garden/Saville Residence as benchmarks. Indicative asking rentals ranges from RM1500 (Scott’s loft studio) to RM2500 (Saville’s 1 bedder upwards)

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PROPCAFE™ Review: SouthLink @ Bangsar South by UOA

Prologue

Finally we come to the development itself, Southlink! For overview of Bangsar South, readers is recommended to read it here
PROPCAFE™ Review : Bangsar South @ Kuala Lumpur
 for the full appreciation of what the township can offer. Similarly to township such as DPC, you are not just buy a standalone condo. The price you are paying will attach to the how well the township is planned with its dedicated access/exit, amenities such as mall, hospital, school, restaurants, security, linkage to public transport and of course commitment of the developer.

For those who are familiar with UOA, they are reliable developer who always completes the project ahead of time. PROPCAFE™ never heard so far any of the delayed project OR buyers compensated with LAD. In other words, they are Monoland 2.0. The workmanship is decent and seldom any complaint. Then again… the development lack of any WOW effect and usually is just run-of-the-mill. Even selection of finishes such as tiles and laminated flooring not differs from one project from another where we will touch more on this later.

Located on 2.39acre of Freehold land that recently purchased from YNH for RM81million, The
52 storeys SINGLE BLOCK L Shape
 Southlink consists of whopping 1,422 units where the density comes around 595units/acre. On first glance the density seems overwhelming and with 32units/floor, the concern is merited. The fear of overcrowd, lack of privacy due to number of units/floor, more cars will pile in to the already well known traffic issue in Bangsar South. For investors, the sheer number of units upon VP can be a nightmare and bloodbath will be expected during VP.  Tenants and subsale purchasers will hunt for the best deal and desperate owners may found themselves at the other end of bargain with buyers have plenty of options.

A fair comparison will be with studio dominant projects like Summer Suites with 877units on 1.65acre which works to be 531units/acre. The next door SouthView with 1204units on 2.13acre is with 565units/acre where else Novum is 729units on 3acres with 243units/acre. Despite 67% of the total units consist of studios and 1+1 bedrooms and another 28% are 2 bedrooms, the high density of Southlink is still a major concern.

To mitigate the issue … Similarly to SouthView UOA has smartly divide Southlink to low and high zone. The low zone is from level 9-23A and sharing 5+1 lifts where high zone is from level 25-52 sharing 6+1 lifts. This arrangement is much better because it reduce the frequency of stopping and therefore the shorter waiting time for the lift as well as the ride. With total number of 11+2 lifts the lift ratio worked to be 130units/lift. SouthView comparatively has better ratio however readers have to bear in mind that in SouthView there are only 228units (19% of total units) are 1+1 bedrooms with balance of units are 2 or 3 bedrooms. PROPCAFE™ also random picked few other projects, TR@ Jalan Tun Razak with 107units/lift with only 8% of total units are 1 bedrooms and SouthBrooks has 115units/lift however majority of the units are with >1,000sqft.

Development

Total Lift

Units/Lift Ratio

Remarks

SouthLInk

11 + 2

130

The ratio exclude service lift

SouthView

14 + 2

86

TR Residence

4+2

107

Service lift double as passenger lift

Southbrook

6+2

115

PROPCAFE™ think that the lifts ratio is sufficient however will be interesting to listen to feedback from Southview owners especially with low & high zone arrangement to reduce the waiting time.

Location

Southlink is sandwiched in between SouthView and Novum. However there is a piece of empty land in between Southlink and Novum where PROPCAFE™ couldn’t verify any development order already obtained for that piece of land.

Southlink_Layout

Location of Southlink

Southlink site aerial view from Bangsar South

And this is the drone image showing the site condition.

Drone shot Site of Southlink

Despite the Federal Highway frontage, this part of Bangsar South is more secluded and away from the Bangsar South hustle and bustle at Jalan Kerinchi stretch. To go to Southlink you can bypass the Jalan Kerinchi via the alternate access on Jalan Kerinci Kiri.

Personally PROPCAFE™ prefer the residential component in this part than Park Residences unless the convenience of amenities within the doorstep at Bangsar South Nexus is the priority. Then again KLGateway mall is just across the door and when KLGateway premium residences completed, the mall will be pedestrian friendly access.

Façade and Facilities

Nothing to be shout about the façade where UOA is always play safe. Just look at SouthView. For the uninitiated, they will think this is a medium cost apartment. Little they know SouthView was selling from RM750psf in 2013. Excellent location no doubt but the facade from UOA is always a let down. We yet to mention about the landscaping at common area…

SouthView End Product

So far no scale model available in the sales gallery however the artist impression as per below. On first glance, do not expect any wow factor from UOA. And given the density… the expectation should be kept to minimum. Then again for the buyers they should know what they are buying and keep their expectation realistic. For sexy development, buyers should look into project by YTLLand such as The Capers and The Fennels in Sentul East.

Artist Impression of SouthLink

However PROPCAFE™ notice aesthetic improvement compared for with SouthView. PROPCAFE™ noticed large window with two panels used throughout the bedrooms where in the previous launch like SouthView, only single panel window.

Actual product in Southview window versus show unit of SouthLink

PROPCAFE™ think that the L shape Southlink with the double panel window quite resembling Desa Green @ Taman Desa which also developed by UOA. Coincidentally Desa Green also a very high density project.

Desa Green @ Taman Desa

The glassy balcony and larger window in Southlink should make Southlink looks classier. PROPCAFE™ is looking forward to check out the scale model once it is available in the sales gallery.

As for facilities, all are located on 8
th
 floor and no rooftop facilities which associated with modern living condominium.. Bummer…… the facilities is kept to basic where 25m of swimming pool, multi-purpose hall, playground and BBQ area are offered. No fancy fancy and pretty no frill facilities. On positive note, the basic facilities will keep the maintenance fee low and Salesperson quoted RM0.275psf (inclusive sinking fund) which mean anything <500sqft will cost less than RM135!! For owners this is music in the ears. How many times we always complain about the high maintenance fee to upkeep all the facilities. There is no more excuses not to pay the maintenance fee.

Facilities Plan at 8th floor

Again the expectation shall be kept to the minimum the landscaping to the bare. No SekSan landscaping or ID landscape.

The facilities deck at SouthView

Artist Impression of Southlink Residential Drop Off Area

Unlike Southview which is a pure residential, Southlink will be a mix where there will be 2 storeys of retails to serve the needs of residents (and neighbour).

To improve the privacy of residents, separate ingress and egress for commercial and residential.

Southlink Residential Traffic Flow

Do notice the proposed link bridge to Southview where if the link bridge built from Southview to KLGW Mall, Southlink will have direct access to KLGW Mall and University LRT Station

Southlink Commercial Traffic Flow

There are 2.5 storeys basement parking for the conveniences of Southlink commercial visitors. For residential component, each unit will be entitled of a floating carpark. For more information, please consult UOA Salesperson.

Layout and Facing

The layouts in Southlink has been designed as compact as possible where studio starts from 450sqft and UOA has manage to squeeze 1+1 bedroom in 491sqft. You have to pay a visit to UOA sales Gallery to see it and believe it where the space is decent for single professionals or DINKs. A young family with one kid probably is pushing it too much with the +1 space possible to be converted to a kid room. The living is bit narrow with only 8.5ft width where single piece of L shape sofa can be fitted in. A small dining table can be joint to the dry kitchen to maximize the space utilization. Nevertheless the master bedroom size is decent and can fit a King size bed with wardrobe. The bathroom is quite spacious with dual entries so that the guests do not need to pass through bedroom to use it. And most surprise is UOA able to boot in a standing size balcony for a fresh air or smoking.

Low Floor Zone Floorplan Layout

High Floor Zone Floorplan Layout

SouthLink Unit Layout

As mentioned earlier, 2/3 out of the total units are studio and 1+1 configuration with another 28% are 2 bedrooms configuration. This make the development extremely investor product due to compact size and affordable pricing where even the highest floor for 1+1 bedroom 491sqft still cost less than RM400K. We will look in next chapter why we think the absolute price point is extremely attractive.

Balance 5% of the total units are 3 bedrooms configuration.

Type

Size

Configuration

Total Units

A

450~553

Studio

176

B

491~639

1+1 bedrooms

786

C

593~919

2 bedrooms

220

D & F

723~859

2+1 bedrooms

196

E

823~1141

3 bedrooms

44

Total

1422

The South direction will command premium due to unobstructed view to Bangsar South/School direction. For the North direction, as long as the clear the SoutPoint (hotel developed by UOA in between SouthLink and Federal Highway), the owners will enjoy unobstructed view to Menara Telecom. These will be the most premium direction.

For west direction it will be facing the SouthView and above 46
Th
 floor, the west direction will have clear view however with direct west sun.

For the east direction, the view will blocked by Novum and interestingly the development planning for the piece of empty land between Novum and Southlink is unknown therefore owners will never know when it is going to be built and or how high and any obstruction. The unobstructed high floor east direction overlooking Novum (and future development on the empty land) will have majestic KL skyline view.

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Facing and View on High Floor

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Facing and View on Mid Floor

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Facing and View on Low Floor

Obviously the fan of pool view will choose lowest possible North and West direction to enjoy the pool view not only from SouthLInk but SouthView as well. If you would like to take a risk, east direction will have fantastic KL City Skyline (if unobstructed). If you want a safe view, south direction or north direction (only above Southpoint) will be your best bet.

Show Units and Free Fittings

UOA is famous for giving a bare units without any kitchen, aircon or water heater. However for SouthLink, UOA has been pretty generous (for their standard) and giving a kitchen fitted with Hood & Hob, Aircon for Living and Bedrooms and Water heater for bathroom. And even the water heater, it is storage type and not instant type water heater.

And not only that, comparing the actual end product Southview and show unit for SouthLink, the type & colour of laminated wood flooring both are exactly the same!

For the benefit of the readers, below is the random photos of the showunits. There are two types – Type B 491sqft and E 823sqft.

 Southlink Type B ShowUnit Bathroom

 Southlink Type B ShowUnit Kitchen

 Southlink Type B ShowUnit Living

 Southlink Type B ShowUnit Shower

 Southlink Type B ShowUnit Study Room

Southlink Type B Show Unit

 SouthLink TypeE showunit 1

 SouthLink TypeE showunit Kitchen

 SouthLink TypeE showunit Bathroom

 SouthLink TypeE showunit Bedroom 2

 SouthLink TypeE showunit Bedroom

 SouthLink TypeE showunit Living

 SouthLink TypeE showunit Master Bedroom 2

 SouthLink TypeE showunit Master Bedroom. Notice the double panel on window

Southlink Type E Show Unit

Walkability to LRT Station

Currently the comfortable walking path from Southlink to LRT is the Kerinchi LRT Station via the elevated link across the Federal Highway. The distance is approximately 650m which take about 10 minute walk where half of walk is uncovered from Southlink to the entrance of elevated link.

Wiki distance to Kerinchi LRT Station

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The walking from Southlink to  Kerinchi LRT stations.

The current walk looping Kerinchi Residensi to the University LRT Station is much further and not comfortable due to the distance, uphill walking as well as uncovered walkway. However PROPCAFE™ was told that the first 3 floors under the KL Gateway Premium Residensi is a mall which will be linked to the existing KLGW mall. Therefore residents can cross the Jalan Kerinchi Kiri and use the “shortcut” via kLGW Mall where the walk is more comfortable due to aircon inside the mall.

Wiki distance to University LRT Station

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Photo – The walk across the KLGW central park to

PROPCAFE™ will validate this when Premium Residences is VP-ed.

PROPCAFE™ recognize the distance to LRT is not exactly ideal as walking under the sun or rain can be quite uncomfortable. Furthermore the distance to LRT station (depends on University or Kerinchi LRT station) can be 500-600m away. 10minute walk is pretty acceptable nowadays however in PROPCAFE™ opinion, it is not the distance or the time but the comfort and safety. The path shall be covered from rain and shine and patrol shall be carried regularly to ensure no petty crimes. There shouldn’t be any blind spot where people can hide.

Investment

Now coming to the interesting part. There are many concern of supply in Bangsar South and to certain extend, it does has a merit. It was reported in TheEdge Oct.2016 that close to 60% or 4,567units from the accumulative units in Bangsar South (not include Southlink) which was below 1,000sqft.

s

Existing and upcoming supply in Bangsar South (exclude Southlink)

From the figure, more than 3000units are new supply that will be contributed by Novum, KL Gateway and SouthView. The table below is showing the some of the information of completed and under construction in Bangsar South. However, these supplies are VP-ed not in the same time. KLGW residential is VP-ed in 2016 where Southview VP just handover recently. KLGW premium residential is at advance stage of construction and should be handover in early 2018. Between 2018 and 2021, only Novum and Bon Estate are expected to be VP-ed.

Bangsar South Development Supply

Bangsar South Development Supply

With the gradual handover of these units spread over 3-4 years, PROPCAFE™ think the supply in Bangsar South should be well absorbed by demand due to the public transport connectivity, ready pool of tenants within Bangsar South and easy access of the highways. And this should bode well with SouthLink where the expected VP is in end of 2021.

And regardless above, PROPCAFE™ think the supply of affordable and compact units of SouthLink will be well absorbed by the market due primary reason is
LRT connectivity
. If you follow the line of LRT between Asia Jaya and KLCC where most of the commercial activities are concentrated in KLEC, Midvalley, KL Sentral, Masjid Jamek, Dang Wangi and KLCC you will notice the limited development within the walking distance to LRT station. And it is even more limited development with studios and compact size residential in this development.

For the benefit of the readers, PROPCAFE™ has list the development and highlighted which development with studio and compact size residential.

Development along Kelana Jaya LRT Line

From the observation of table above, the closest development to be compared with SouthLInk are Pinnacles and Summer Suites however these are not pure residential development. KL Gateway which located on top of the mall offers the conveniences of mall at comfort and doorstep however for the same size, 520sqft in KLGateway only offer a studio where you can get 1+1 bedrooms in SouthLink. A 520sqft studio in KLGW was sold from RM900psf by developer in 2013.

And if you probe research further, a sub RM400k product is even rarer act current market price. For the benefit of the readers, PROPCAFE™ has compiled some of the randomly chosen development along Kelana Jaya LRT Line between Asia Jaya and KLCC Station.

Sample of Development along Kelana Jaya LRT Line

Looking at above table, with exception of Maytower where the market price is RM325K for 351sqft studio, it is close to impossible to find any property priced at below RM400K at these location. A studio in leasehold Gaya Bangsar is transacted close to RM650,000 and new launch Sentral Suites 1 bedroom 650sqft is priced from RM720,000. Even The Pinnacles PJ when it was launched in 2013, the studio office suites was priced at >RM300K for a 350sqft.

It is very interesting to study the supply of each development and readers are encouraged to study each of them before making a investment decision whether SouthLink will be standout among the crowds during the VP. The combination of public transport connectivity with ready tenant catchment within Bangsar South and along Kelana Jaya LRT line, prime Bangsar South address, affordable absolute price and efficient layout has make this Southlink one of the standout projects in KL.

Update

Since our last visit to the UOA Sales Office, PROPCAFE has received few update or details which not finalised earlier. For example, the completion period for Southlink is 4.5 years from SPA date which is even longer than SouthView…. At 52 storeys and being the highest building so far in Bangsar South, this is understandable will take longer time to finish the construction for Southlink. On top of that, UOA needs to construct 2.5 storeys of commercial basement parking where underground work usually will take quite sometimes.

Another interesting point for buyers who are looking for unobstructed view, the west, south and north are the best bet… Diagram below illustrating the level where it will clear the neighbour Southview and Southpoint….

Disclaimer: Prospect buyers to use the info at own risk.

Conclusion

PROPCAFE™ didn’t go into all the bolts and nuts of the development as PROPCAFE™ believe UOA salesperson can do the job. No perfect project and PROPCAFE™ strongly believe all the pro and cons shall be analysed and depends on which side of coins you strongly believe on. To finish off this review, PROPCAFE™would like to quote this.

Hopefully readers can tremendous benefit from it. If you think anyone else could benefit from this, please share this article (It is free anyway) and please LIKE our Facebook page. Your support will motivate us to bring the best property review for all PROPCAFE™ readers.

Happy Investing Folks!

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PROPCAFE Peek : Sunway Gandaria @ Bangi

Sunway Gandaria @ Bandar Baru Bangi

1
st
 Dec 2015 : Decided to crash into the media sneak preview of Sunway Gandaria Bangi because of two reasons.

First, because of this statement –
“It is also one of the most popularly priced developments within the Sunway Property’s portfolio to be launched in 2016”

Second reason is my curiosity over the name of
Gandaria –
 Before I attended the event, some of my friend did ask me whether is this project of
Gandalf the grey or the white
?  😆 So to clear the air, with an innocent face, being the ONLY blogger there I asked the noob question
“What’s the meaning of Gandaria?
directly to Mr. Ang Kee Ping, Executive Director – Property Development Division during the Q&A session together with other medias.

He answered my question with a big smile from this big man and of course together some laughter across the background and I thanked him profusely for the answer. 😉

I don’t have a big camera so I stand behind and take with my mobile phone while Mr.Ang is giving the briefing to the media

Gandaria
 is actually the combination of two Malay words of
Ganda
 +
Ria
 = Double Happiness 😆 . Double Happiness is a very popular and a common Chinese word as well. According to WikiPedia-

“Double Happiness
 sometimes translated as
Double Happy
, is a Chinese traditional ornament design, commonly used as a decoration and symbol of marriage. Outside of China, it is also used in United States, Europe and South East Asia”

Double Happiness

Sunway Gandaria Bangi Radar Map

Sunway Gandaria Bangi Location

Sunway Gandaria Bangi Actual Site

Location

I think not many of you here know about Bandar Baru Bangi. If I want to write about Bandar Baru Bangi, I think I can write about it for few pages as I had seen this place how it transform from a small cowboy industrial town to a hustle bustle satellite city now and recently crowned as
“Knowledge City” 🙄

How do I define a town is vibrant and prosperous? Don’t quote me but this is my own definition; by looking at the busy car traffics, double parking and difficult to find car park during the peak hour.

When I left the event, it was near to lunch time and I will let the pictures tell you the story. As I haven’t visited this town during the night time, I am not sure will it be as busy as during the day time but looking at the commercial area which does not consists much of entertainment outlet, I guess perhaps not.

Bandar Baru Bangi reminds me of the new Shah Alam. It is quite an established town and you will be surprised of the demographic of Bandar Baru Bangi.

Basic and daily amenities like public school, mosques, higher private institution, neighborhood mall, restaurants, clinics, medical centre, McDonalds, KFC, Pizza, convenient store, banks, post office, LHDN office, Akademi Percukaian Malaysia, Institut Latihan Kehakiman and Perundangan (LKAP) , National Institute of Occupational Safety and Health (NIOSH), Paparich, Old Town, Kopitiam, child care centre, Bangi Golf Resort, Hotel Bangi Putrajaya, and lot of business hotel, Universiti Kebangsaan Malaysia, Kolej Poly-Tech MARA Bangi, Universiti Kuala Lumpur – Malaysia French Institute, Secret Recipe, Bangi Kopitiam, police station, Bangi Fire and Rescue and the list can goes on.

You name it there have it. 😎

The only thing I cannot find here is
Starbucks
 so I settled it with McDonalds’s coffee 😥 . I am not going to go so details about Bandar Baru Bangi for this time.

Surrounding Pictures of Sunway Gandaria Bangi

Paragon Point Bangi Along Jalan Medan Pb2a

Paragon Point Bangi Along Jalan Medan Pb2a

During lunch hour, the traffic around Sunway Gandaria Bangi

During lunch hour, the traffic around Sunway Gandaria Bangi

Bangi Gateway Mall Source : http://www.gph.com.my

Just in case if you don’t know,
less than 4km
 from Sunway Gandaria Bandar Baru Bangi, there is one new neighborhood mall called
Bangi Gateway Mall
 and with anchor tenants of Jaya Grocer, MPH, Kenny Rogers and Yamaha Music School, the last renting a space of over 11,000sf alone. Bangi Gateway Mall is the first phase of the planned four-phase of 30 acre
Bangi Gateway
 development.

The next two phases will consist of medical center measuring 250,000 sf and an office tower. The office tower will feature a street mall and more three-storey shop and office lots. The last phase will be a mixed development with commercial space and serviced apartments.

The serviced apartment will be built in two layouts. The 2 bedder room units will measure 600sf while the larger 3 room units will measure aroung 1000sf and total units around 256 units. 😉

Sunway Gandaria is locate right at the heart of the Bandar Baru Bangi’s New Central Business District beside Sentral @ Bangi CBD a product of a joint-venture between PKNS Holdings and Andaman Realty.

My opinion is if you want to appreciate Sunway Gandaria Bandar Bauru Bangi from a more macro point of view, I suggest that first you have to understand
Sentral @ Bangi CBD
 ,
EVO SOHO Suites Bangi
and Sunway Gandaria as the part of the entire Bandar Baru bangi City Centre plan.

Overall Plan

Sunway Property hardly builds mass market product or affordable range product as Sunway Property is well known more as a township or community builder.

Sunway Gandaria Bandar Baru Bangi with a gross development value (GDV) of RM226 million (Retail Shops – RM51mil & Service Apartment – RM175mil) is a niche or rather a boutique development spanning across 2 acre of prime land at the central of Bandar Baru Bangi commercial area.

I can see that Sunway Gandaria being located very strategically at the center of center of Bandar Baru Bangi City Centre and being supported by other commercial elements like the
Paragon Point Bangi, Sentral @ Bangi Bangi and also the four strorey EVO Shopping Centre;
 Sunway Gandaria can be easily integrated as total part of lifestyle integrated development by leveraging those surrounding commercial development.

Beyond all this surrounding commercial elements, it is notable that within 300m from Sunway Gandaria, there is a 16.8 hectare public park coming with a sizeable 6 hectare of man-made lake – Taman Tasik Cempaka.

The construction cost of the lake itself is around RM$6mil while the landscaping cost approximately RM$3mil. This park is well maintained and getting lot visitors especially after office hour. 😯

Sunway Gandaria Bandar Baru Bangi is expected to be launched in the first quarter of 2016 and target to be completed by 2020.

Sunway Gandaria Bangi Facilities Floor

Masterplan

Sunway Gandaria Bandar Baru Bangi is a 38-storey tower including 6 storey of car park podium beneath the total 259 units residential unit, facilities such as a 50-metre lap pool and complete with a nearby gym that overlooks the pool on the 7
th
 floor and 2 storey of retails comprises of 34 units. The density that we are looking here at Sunway Gandaria Bandar Baru Bangi here is about 127units/acre.

Sunway Gandaria Bangi Retail Shops

Sunway Gandaria Bangi Pool

Sunway Gandaria Bangi Side Entrance

The architect of this Sunway Gandaria is Sky db (in association with T+Y architects ) – a fairly new architect. According to their website SKY db is newly founded by 3 experienced architects who share the same passion and vision. SKY believes in holistic appro ach to building design where good architecture not only provides functional space but aesthetically appealing.

“We LEARN, CREATE & COMMUNICATE.”

Type and Layout

Sunway Gandaria Residences, which consists of serviced apartments ranging from 951sf to 1,410sf. There are type of basic layouts :
 951sf, 1157sf and 1410sf.
 The latter 1410sf will be the
58 dual key units
, which enables the flexibility of multigenerational living for homebuyers.

During the media sneak preview, only the Type B 1157sf layout was available and the show unit visited is based on the 1157sf layout. All residential units come with
minimum of 3-4 bedroom type.

As for the retail shops comprise 34 retail units which ranges from 984sf to 6,231sf and it is for sale. Not much info about the commercial units can be gathered during the event, for obvious this 34 unit of retails with RM1mil onwards (~$1016/psf) is not the highlight of the event, but actually I am quite keen to know from the investor point of view.

If you checked the monthly rental and selling price of shop lots at Bandar Baru Bangi on few property portals, you be surprised I believe.

Sunway Gandaria Bangi Type B 1157sf

Sunwau Gandaria Bangi – Living and Dining Hall

For the Sunway Gandaria Residence 1157sf layout, I think is quite practical due to its more to square layout design with measurement of W11800 x D10625.

This Type B 1157sf layout comes with 3 bedrooms , 1 study room, 2 bathroom, living , dry kitchen, and a yard. The kitchen for me is rather narrow for 1157sf but this can be easily solved by combining the yard as part of the kitchen seamlessly.

Furthermore, since Sunway Gandaria is located at this part of vibrant commercial area, dine and getting food is not much an issue, aside of that, nowadays working people hardly cook that often anymore, thus the lifestyle integrated development property is getting more popular and acceptable by the market.

Price

Sunway Gandaria Bandar Baru Bangi dubbed “The Peak of Bangi” standing as tall as 38-storey tower will be the tallest building for this moment. Sunway Gandaria comes with a rather quite surprisingly mid range price tag starting from RM 550,000 (approximate 578psf) for residential and its commercial units, starting from RM1 million onwards.

Mr. Ang Kee Ping, Executive Director – Property Development Division. Prior to joining Sunway, Ang was the Project Director, Central Region with UEM Sunrise Berhad.

According to Mr. Ang Kee Ping, Executive Director – Property Development Division, Central Region, Sunway Berhad said, “Sunway Gandaria will be the choice development for first-time owners, upgraders, and business owners who demands value while capitalising on the growing expansion of the Southern Klang Valley development corridor as an optimal business and residential hub.

The entire development is expected to be completed by 2020.”

“To make it an even easier for potential homeowners, investors and businesses to gain value from the development and be a part of this exciting community, we will provide Easy Ownership Package during its launch,” he added.

Someone from the media did try to ask the details of “The Easy Ownership Package” but nothing much can be revealed at this moment. Who knows Sunway Property might provide “ Double Happiness” easy ownership package for Sunway Gandaria Bangi.

In term of price point comparison and competition to Sunway Gandaria Bangi, the nearest current development to Sunway Gandaria Bangi is EVO SOHO Suites Bangi by joint venture between PKNS Holding and Andaman Group.

EVO SOHO Suites Bangi was launched back in 2013 and scheduled to be completed in 2
nd
 Quarter 2016. The price back then was from $245,000 ,from 454sf – 1352sf ( ~$540psf) and it come with fully furnished. 😉

Comment

As a property blogger myself, I do have comment on this project Sunway Ganderia Bandar Baru Bangi because my believe there is no perfect property.

First of all, not all residential units of Sunway Ganderia Bangi comes with balcony. As I understand, only units facing the Cempaka Lake comes with balcony.

Secondly, from the scale model, the façade is rather below my expectation if Sunway Ganderia Bangi to be market as the tallest landmark at Bandar Baru Bangi.

Yes I can understand this product is in the mid-range price product but in myhumble opinion, if Sunway Gandaria Bangi development concept is being the
tallest tower in Bangi
 and setting as one of
 the most prominent landmark
 at Bangi, there are two things needed to be considered.

First, yes being the tallest building, Sunway Gandaria Bangi will be easily recognized even from far so you are either famous for being the coolest tower  😎 or the other way round and I prefer the former one  😛 since Sunway Gandaria Bangi is the tallest tower and prominent landmark.

This will make the owner to feel proud to stay in the tallest building in Bangi dubbed as “The Peak of Bangi” . Sunway Gandaria Bangi gota be
 iconic and have its own character
. 💡

Second, being “The Peak of Bangi”, majority units without balcony, I feel is kind of a waste not to be able to enjoy the larger unblocked scenery of Bangi from inside of the unit.

Having say so, personally I think being such a tall building, having a larger pan of windows at least  (> 8ft height) will make the home connected seamless with the sky and this will give you  the feeling of living in the sky. 😳

“The Peak”
 – This word itself what is it so special? Why some like to live at the peak? Why people climb to the peak despite the tough journey itself? Could it be the
breathtaking scenery viewing from the peak is priceless
? I will leave it to the readers. 😛

There also could be other possibility that for not having a balcony design layout; some might think is not a main criteria since there are some people who hardly access and utilize it and they rather having a larger living space instead.

Last but not least, façade, larger glass panel, window and balcony is
not the deal breaker
 anyway to most commoner.

And I will end the article with the picture below and I am JJ – the intern of PROPCAFE

“You are my
Everyday”

For those who wants to more details  and register for Sunway Gandaria Bangi :

Website : http://www.sunwaygandaria.com/en/

Location of Sales Gallery :

Sunway Gandaria Sales Gallery

C-06-01 & C-07-01, Plaza Paragon Point,

43650 Bandar Baru Bangi,

Selangor, Malaysia.

Tel : +6017 964 0688

Sunway Gandaria Bangi Fact Sheet

Development

: Sunway Gandaria

Location

: Bandar Baru Bangi

Land Size

: 2.04 acres

Total Unit

: Retail Shops – 34 units & Serviced Apartment – 259 units

Built-Up Range

: Retail Shops – 984 – 6,231 sq. ft. Serviced Apartment – 951 – 1,410 sq. ft.

Total GDV

: Retail Shops – RM51mil

Serviced Apartment – RM175mil

Selling Price (Tentative)

: Retail Shops-RM1 million onwards

Serviced Apartment-RM550,000 onwards

DEVELOPMENT FEATURES

1. Development Concept

Peak of Bangi – Tallest tower in Bangi

Unobstructed View of lake garden and Bangi golf course

Modern lifestyle – Serviced apartment with facilities & secured community living

Located at the commercial hub of Pusat Bandar Baru Bangi

2. Accessibility

Close proximity to comprehensive amenities such as Bangi golf course, lake garden, universities, supermarket, F&B and financial institution

Good accessibility via major highways (KL-Seremban Highway, SILK Highway)

3. Special Features

New Retail concept in Bandar Baru Bangi

Dual Keys concept

Condo facilities (50m lap pool, pool facing gym, featured pavilion)

24-hour 3 tiers security system

Minimum of 3 to 4 bedroom type

Show Unit Gallery

Type B 1157sf

Sunway Gandaria bangi Type B 1157sf Kitchen

Sunway Gandaria Type B 1157sf Bathroom 2

Sunway Gandaria Bangi Study Room

Sunway Gandaria Bangi Type B 1157sf Bedroom 3

Sunway Gandaria Bangi Type B 1157sf Bedroom 3

Sunway Gandaria Bangi Type B 1157sf Bedroom 2

Sunway Gandaria Bangi Type B 1157sf Bedroom 2

Sunway Gandaria Bangi Master Bedroom

Sunway Gandaria Bangi Master Bedroom Bathroom

Sunway Gandaria Bangi Master Bedroom

This is irrelevant but just want to share the refreshment served by Sunway Property for those who are curious

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PROPCAFE News : Sunway Gandaria @ Bangi – Retail Units 95% Sold

Sunway Gandaria Bangi Actual Site

Market is soft? I guess there are always some exceptional cases. Especially for those come with “Double Happiness” or “Gandaria” perhaps.

I still remember that my first visit to the
Sunway Gandaria Bangi Media Sneak Preview
 was dated back early of December 2015 and today Feb 2016, 32 out of total 34 units of Sunway Gandaria’s retail already had been snapped up! As I had mentioned earlier, the commercial market at this Bandar Baru Bangi is kind of strong and in constant healthy demand. It really does not surprised me if the retail of Sunway Gandaria Bangi will be moving at such a rate of a flying torpedo; being located at super prime location of the Bandar Baru Bangi . This area is really very hot. How hot? It is as hot as the Victoria’s Secret Angel – Adriana Lima

Picture Credit to https://www.victoriassecret.com/vsallaccess/angels/adriana-lima

Well it is still early to say that this Sunway Gandaria Bangi is heading up in the right direction despite facing the current market resistance. Nevertheless swimming up against the current market stream would not be easy for the year of 2016. I wish this Double Happiness or Gandaria  word of charm will really bring luck to them for Sunway Property and also the purchasers. For any property, nice name which bring luck is a good thing to begin with at least.

Sunway Gandaria Bangi Side Entrance

Below is the Media Release :

February 12, 2016
 – Master Community Developer, Sunway Property, clinched 95% sales at its debut launch of Sunway Gandaria Bangi’s Retail, which is part of its newest mixed development in the Knowledge City of Bangi.

Sunway Gandaria Bangi Retail comprises 34 retail units, which ranges from 983 sq ft to 6,071 sq ft, with a new retail concept within the township. Since its preview in mid-December 2015 a total of 32 units have been snapped up. The retail units start from RM 832,000.

Ang Kee Ping, Executive Director, Property Development Division, Central Region, Sunway Berhad, attributed the success of the retail units to the strategic location and its value for investment, “Strategically located in Pusat Bandar Baru Bangi, Sunway Gandaria Bangi’s retail units are expected to benefit from the catchment of 1,000 residents within the development itself as well as more than 500,000 catchment from the surrounding areas of Bangi, Kajang and Nilai which includes students, residents, as well as employees of multinational corporations. We are encouraged by the successful launch which will indicate a well take up rate for the upcoming launches of the residential component.”

Sunway Gandaria Bangi Retail is the RM54 million GDV retail component of the mixed development dubbed the “Peak of Bangi,” which is located in the heart of Pusat Bandar Baru Bangi. The entire development has a gross development value (GDV) of RM228 million and expected to be completed by 2020.

Sunway Gandaria Bangi Retail Shops

Spread across two-acre, the development comprise the most popularly priced developments within Sunway Property. Its residential units indicated price from RM500,000 and are housed within a majestic 38-storey tower, which stands as the tallest landmark within the vicinity. The first launch for the residences is slated in April.

Residents and business owners within the iconic tower have a spectacular and unobstructed view of the serene Cempaka Lake Garden – replete with jogging tracks, children’s playgrounds, stretching and exercise spots, reflexology tracks, a football field and picnic gazebos, which is a 10-minute minutes walk away. The development also overlooks the lush greens of the Bangi golf course.

Sunway Gandaria Bangi Residences provides modern lifestyle living, consists of 259 units of serviced apartments ranging from 949 sq ft to 1,405 sq ft comprises of 3 to 4 bedrooms suitable for families. The serviced apartments will include facilities such as a generous 50-metre Olympic size swimming pool, a sky garden, complete with a nearby gym that overlooks the pool as well as a recreational pavilion in addition to the convenience provided by the retail portion of the development. Residents will be protected with round-the-clock three-tier security system. There will be 58 dual key units, which enables the flexibility of multi-generational living for home buyers or multiple tenancy options for investors.

The area will have easy access to more than 20 schools and universities, financial institutions, shops and other essential amenities. Schools nearby include SR Sri Al-Amin, Rafflesia International and Private Schools and Tanarata International School. Institutions of higher learning nearby include Infrastructure University Kuala Lumpur (IUKL), Universiti Tenaga Nasional (UNITEN), Universiti Putra Malaysia (UPM), Universiti Kebangsaan Malaysia Bangi (UKM), German-Malaysian Institute (GMI).

There are also several shopping malls surrounding the development, namely Giant, Bangi Gateway, Tesco and IOI City Mall; and hospitals such as Hospital Serdang, KPJ Kajang Specialist Hospital, Hospital Pusrawi SMC and Hospital Kajang.

For leisure activities, besides the Cempaka Lake Gardens and the Bangi Golf Course, residents and business owners can enjoy the golf clubs and parks such as Danau Golf Club, Kajang Hills Golf Club as well as the upcoming Bangi Wonderland Theme Park.

In terms of accessibility, the development can be accessed via eight major highways, from North-South Highway by exiting the Kajang or Putra Bangi interchanges, or via the Silk Highway at Kajang interchange via Jalan Reko, NKVE, SKVE, LEKAS, ELITE, Cheras-Kajang Expressway as well as Sistem Lingkaran-Lebuhraya Kajang. The development is also expected to benefit from its proximity to the MRT Line 1 Kajang station to be operational by 2017, the proposed MRT Line 2 Putrajaya station and the proposed Putrajaya – Kajang BRT line.

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PROPCAFE News : Sunway Geo Residences @ Sunway South Quay By Sunway Properties – WWW mode during Pre-Launch!

Overview of Sunway Geo at Bandar Sunway

Bandar Sunway, Nov 8
~ The inherent value of Sunway Resort City’s superior integration has recently been underscored by the encouraging response received for Sunway Geo Residences Tower A. A total of 200 units have been snapped up during the recent pre-launch event held in Menara Sunway.

Sunway Geo Residences is part of the Sunway Geo integrated 23.4 acre, RM 1.5 billion GDV development, currently one of the hottest properties amongst Sunway Property’s recent launches and comprises retail shops, flexi suites, serviced apartments and residences.

Previous Sunway Geo phases received overwhelming success with its first phase comprising of 31 units of retail shops and 228 units of flexi suites which was completely sold out and its second phase comprising 46 units of Retail Shops and 228 Flexi Suites with 90% sold out.

Overwhelming response for Sunway Geo Residences

Sunway Geo Residences is the third phase of the development to be launched. It comprises 472 units of residential condominiums within two 30-storey blocks with a gross development value (GDV) of RM 319 million. The Residences range from 829 – 1,496 sq feet in built up offering 2-4 bedroom condominium units.

One key attractions of the Sunway Geo development behind its resounding success is the benefit it will gain from the upcoming elevated Bus Rapid Transit (BRT) – Sunway Line, which has a station in front of Sunway Geo Retail, linked via a bridge. The 5.4 km line, touted to be the game changer for Sunway Resort City, is currently in progress and connects to future LRT station at USJ (Kelana Jaya LRT extension) and existing Setia Jaya KTM station.

The elevated BRT line reduces traffic congestion, and brings more visitations into the city, while providing an eco-friendly, time-efficient transportation for the 500,000 population in Bandar Sunway and its surrounding areas, including 50,000 students. It will also benefit the 40 million visitations the township welcomes yearly.

Besides the conveniences provided by the excellent connectivity and accessibility, Sarena Cheah, Joint Managing Director, Sunway Property attributes the enthusiastic response to the development’s strategic location.

“Sunway Geo is part of the 178 acre Sunway South Quay, an international community which derives great advantages from the surrounding amenities in the matured township Sunway Resort City which offers 7 million sq ft of world- class facilities, including education, shopping mall, healthcare, leisure, commercial, retail, and residential components,” she said.

Ong Pang Yen, Joint Managing Director, Sunway Property added that the buyers also prize the fact that the development is located within the high-traffic healthcare and education precinct.

“ Total convenience is what everyone is looking for. Living in an integrated development within an integrated township, means residents can enjoy the best of what life can offer, resort living with a view of a 28 acre lake, and the marvelous benefits of city living. No other developments in Malaysia currently offers the unique lifestyle that Sunway Geo does – you can practically walk to meet all your needs.”

Sunway Resort City is currently the only integrated resort city with seven key components. Sunway Geo is walking distance away from Sunway University, Monash University, Jeffrey Cheah School of Medicines and Health Sciences and Sunway International School. The other components are connected with a canopied, secure walkway. The township is secured by 2,046 CCTVs, and patrolled by Sunway’s own security team comprising 850 security personnel under its model Safe City Intiiative.

Sunway Geo Residences come complete with an Olympic length pool aqua gym, tennis court, squash court, basketball half court. One of the key highlights is the innovative dual key units, which are units with studio apartments attached. The dual key units are ideal for families to stay with their parents, without compromising privacy. These units are also a boon to investors as the additional studio apartment that can be rented out separately.

Recently, Sunway South Quay had teamed up with Mitsui Fudosan, Japan’s largest property developer by revenue for this project. With this joint venture, the development is anticipated to bring in more Japanese residents to strengthen Sunway South Quay’s existing international community.

Sunway Geo Residences Tower B will be launched by next week with price ranging from RM834,000 onwards.

For details of the project can refer to
http://www.sunwayproperty.com/pd/sunwaygeo.asp#

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PROPCAFE Review : Sunway Mont Residences @ Mont Kiara by Sunway Property

Sunway Mont Residences @ Mont Kiara by Sunway Property

Sunway Mont Residence
s at Mont Kiara Kuala Lumpur was launched recently by
Sunway Property
. We have recently visited and ‘studied’ the project and we thought we should share this with our avid followers.

It has been awhile since we last covered Mont Kiara. That was on early 2014 and how time flies. If you are keen to know what was our thought on Mont Kiara back then, do read it all
here
.

Sunway Mont Residences the project essentials

Sunway Mont Residences is located at Jalan Kiara 5, Mont Kiara Kuala Lumpur and sat on a freehold 2.88 acre land (yi fatt fatt, huatt arr!!).

Sunway Mont Residences is 288 units condominium project developed by Sunway Kiara Sdn Bhd, a subsidiary of Sunway Berhad. Hmmm, noticed that it is conveniently coincided with total number of units of this development!

Typical buildup of the condo consists of 1125sqft, 1365sqft, 1609sqft, 1695sqft and 1906 sqft. Each condo unit comes 2 car parks or 3 car parks.

Type

Size (sqft)

Configuration

Carpark Allocation

A/A1

1122 & 1125

2+1 bedroom

2

B1

1365

3+1 bedrooms

2

C1

1609

4+1 bedrooms

2

D1 (dual key)

1695

3+1 & 1 Studio

3

E1 (dual key)

1906

3+1 & 1 Studio

3

Mont Kiara the Perception-The Ghost of Mont Kiara

Mont Kiara is often labeled as a place with oversupply of condo, condo glut, condo hill instead of Kiara Hill, overrated, overgrown with little catalyst and USP. Really we can’t discount all these negative perceptions, as history lessons told us there were avalanche of launches in Mont Kiara over the past few years, and there is none major rail infrastructure (KLMRT Line 1 & Line 2) crossing the Mont Kiara domain.

Still an expat enclave yesterday and today

But despite all these negative perception, Mont Kiara is still an expat melting pot, and over the years with all other condos in Klang Valley PSF have actually caught up with Mont Kiara we have seen plenty of local choose Mont Kiara as their home. Location wise Mont Kiara is decent, bearing a KL postal code, Mont Kiara is an middle and up market enclave within 10km drive to downtown KL.

Location, Accessibility, Amenities

Sunway Mont Residence sat on lot 1906 along Jalan Kiara 5, next to Casa Kiara 2 by Sunway Berhad. Other notable development in Jalan Kiara 5 are, Hijauan Kiara Verve Suite by Dato Alan Tong’s Bukit Kiara Properties. There rest is still jungle, wait wait wait, reword reword, pending developments.

Some units at Sunway Mont Residences will be quite close to high tension cable.

The main access to Mont Kiara is via Jalan Duta, NKVE, Penchala Link, Sprint, Duke and Jalan Kuching.

International schools, grocer, convenience store, F&B, neighborhood mall all check, Mont Kiara is pretty convenient place to live.

A short drive away to Sri Hartamas commercial square, hip places like Publika and Solaris Mont Kiara.

Façade of Sunway Mont Residences

We somehow find it weird. Sunway Mont Residences façade based on artist illustration, it looks dated. But when comes to the scale model it does alright.

The façade is a combination of bricks and mortar (yes not typo) white and grey theme. See picture, see…

Giving you a rustic feel. This would be among the more provocative color scheme façade in Mont Kiara, as mostly of the condo are pretty mundane color grey, white, off white and discolored.

Windows look small in the artist illustration but look right size in the scale model.

Site Plan and block orientation

If you observe this block layout is pretty close to Casa Kiara 2. The block orientation is basically parallel with Casa Kiara 2. To yield more units and the fact that the land’s rectangular shape, the building architect cannot be too creative. Jalan Kiara 5 will eventually look like Jalan Kiara, or Jalan Kiara 3, simply it how the land is sub-divided, macam teres, tapi ini teres condo!!! Lol.

Credit to map owner, Mr Ho Chin Soon

Layout Type

In general, the units layout plan at Sunway Mont Residences are good and maximize floor space utilization.

Well done!

All bedrooms make full use of natural light and they are decent enough to fit a queen size bed. Except for Type A all units comes with wet kitchen.

All units come with expansive living room layout with close to 6m length. You will gonna like your living room, check them out the below Sunway Mont Residences show flat pics.

Type D and Type E are dual key unit. A niche product, appeal to those with extended family who want to live near but not near near near. Or alternatively the dual key unit, can be rented out separately.

Type A 1125sqft

Type B 1365sqft

Type C 1609sqft

Type D (Dual key) 1695sqft

Type E (Dual key) 1906 sqft
Furnishing

All units at Sunway Mont Residences comes partially furnished with air conditions at all bedrooms & study except utility & maid room free Kitchen Cabinet, hood, hob & Sink, while maintenance is expected to be RM0.35 PSF

Show Unit Review

The Sunway Mont Residence Show Gallery features the show unit of Type E1. Let’s check it out.

Scaled unit floor plan

The entrance of the dual key unit.

And the finale the 6m living room width to die for, lol.

Condo Facilities

Sunway Mont Residences features full condo facilities as illustrated below. Worth to note there will be a skydeck on level 36.

Price

Let’s us share the Sunway Mont Residences before all rebates.

Type A 20-3A – RM1,080,000

Type B 19-03 – RM1,196,000

Type D 20-02 – RM1,416,000

Type E 19-07 – RM1,631,000

Average price at RM962 psf before rebate, we are told that Sunway Berhad is having its
Sunway Property Certainty Campaign
 from from 29 March 2016 to 30 September 2016, it features interesting rebates, Guaranteed Loan, Deferred Payment and Voluntary Exit Plan. Under this campaign, Sunway is providing financial flexibility and assurance for the comfort of home buyers.

Investment consideration

At present, rental for 1100-1200 sqft units are liquid, a brand spanking fully furnished new condo would probably able command RM3-4PSF. While capital appreciate perspective, another 3-4 year to hit RM1,000 PSF? Hmmm your guess would be as good as ours.

shhhh…. this is classified material, under OSA….

BBB is in the air

Sunway Mont Residences is a BBB project with high take up rate. There several schemes to choose from and at net net net price of approximately 800psf or lower. It is actually priced quite competitively considering it is the product of the The Edge Malaysia Top Developer Sunway Berhad.

If one looks closer into Sunday Mont Residences unit mix, close to 40% of the units are type A/A1 or the 1122sqft 2+1 bed, which pretty rare in Mont Kiara. These units will likely be liquid in the rental market in future.

The fact that Sunway Mont Residences is located at Jalan Kiara 5, to the Mont Kiara insider it commands more premium over Jalan Kiara 3, but lesser to Jalan Kiara itself. Those who frequent Jalan Kiara 3 and tasted the traffic madness during peak hours will likely concur.

Verdict

Like it or not till to date, Mon’t Kiara is still an expat enclave, there isn’t much supplies coming off from Jalan Kiara 5, Sunway Mont Residences close proximity to Garden International School, grocers, and Verve Suite commercial elements, while the price of all other condo in Klang Valley has picked up, yet Sunway Mont Residences comes with an ordinary Mont Kiara condo price tag, it is actually present quite a value proposition. All these could be the deciding factors to own a unit at Sunway Mont Residences.

For more detail info, you can go to their website : http://www.sunwaymont.com/

or you can drop by to their sales gallery open daily from 11am to 6pm at

Plaza Mont Kiara,

Jalan Kiara 4, Mont Kiara,

50480 Kuala Lumpur

Phone no : +6017 – 964 0822

Email : ericf@sunway.com.my

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PROPCAFE News : SUNWAY NAMED BEST PROPERTY COMPANY 2015 – ASIA

After watched our Ola Bola, feeling so emotional, exited coupled with Chinese New Year mood, feeling so “ON”- Only one reason because is about Malaysia and also a movie made by Malaysian for Malaysia. OK that’s enough for the football, and now back to property.

Sunway Boleh! Malaysia Boleh! Sunway once again made Malaysia proud for winning
Property Company of the Year 2015 – Asia
 in the World Finance Real Estate Awards presented by World Finance. Congratulation to Sunway Property and Tan Sri Dr. Jeffrey Cheah and to all the Malaysian.

Aside of that, it is worth to take note that other developers like
Paramount Land, Hatten Group & OSK Property Holdings
 also bagging award in other Asia categories  .
Property of the Year 2015 – Asia
dang dang dang! It goes to
Mirage By the Lake @ Cyberjaya
( the another true masterpiece by Sek San Design ) by OSK Property Holdings, Malaysia ! 😯

Asia

Property Company of the Year

Sunway Property, Malaysia

Best Residential Developer

Paramount Land

Best Mixed Use Developer

Hatten Group

Best Retail Developer

United Industrial Corporation

Best Office Developer

PT Danayasa Arthatama SCBD

Best Advisor

CBRE

Best Industrial Developer

Soilbuild Group Holdings

Best Leisure Developer

MNC Land

Most Innovative Developer

Frasers Centrepoint

Most Socially Responsible Developer

Soilbuild Group Holdings

Outstanding Contribution

OSK Property Holdings

Property of the Year

Mirage By the Lake, Malaysia

SUNWAY NAMED BEST PROPERTY COMPANY 2015- ASIA

Bandar Sunway, 10 February 2016
~ Sunway Property, the property division of Sunway Berhad (KLSE : SWB), has been named Property Company of the Year 2015 – Asia in the World Finance Real Estate Awards presented by World Finance, a leading UK-based financial magazine published by World News Media, in recognition of its high standards in design, quality, innovation and sustainable practices.

Readers of World Finance were invited to vote for the nominated organisations and projects across different continents, followed by internal research for final deliberation by the World Finance award selection panel.

The accolade underscores Sunway’s commitment to building for posterity through its unique
build-own-operate
 business model, which ensures the continued and lifelong growth of its communities. Sunway Property has an enviable portfolio of successful and internationally acclaimed properties across Malaysia, Singapore, China, Vietnam, Cambodia, and India.

“We are delighted to award Sunway the title of ‘Property Company of the Year, Asia, 2015’,” said the World Finance judging panel. “Sunway’s commitment towards building a first class infrastructure in Malaysia, is helping to transform the country into one of Asia’s leading economies. At the same time, the company has been steadfast in its determination towards social development, focusing on both education and healthcare in particular. While the competition across Asia was fierce, Sunway’s leading role in rebuilding Malaysia makes it a worthy winner of this year’s award.”

In Malaysia, Sunway has created three value-generating hubs spanning some 4,000 acres across the country, transforming the way people live, learn, work and play in a safe, healthy and connected environment within the integrated townships of Sunway Resort City, Sunway City Ipoh, and Sunway Iskandar. Its first flagship township, Sunway Resort City, is a transformation of a derelict tin-mining land into a world-class township that garners 42 million visitations annually.

“We are honoured to have been recognised as a real estate leader in Asia, a testament that we are on the right-track to pursue sustainable and participatory growth alongside our communities. We will continue to work to enrich the lives of our communities we serve,” said Sunway Group founder and chairman Tan Sri Dr. Jeffrey Cheah.

Sunway Group founder and chairman
Tan Sri Dr. Jeffrey Cheah with the World Finance Real Estate Awards for Property Company of the Year 2015

Nominations for the World Finance Real Estate Award were selected by the World Finance award selection panel, comprising experienced finance and business journalists, supported by a dedicated research team, based on a stringent set of criteria which include socioeconomic significance of projects, financials and funding, ongoing service and development, state and quality at completion, regeneration, project quality, innovation and green awareness.

Asia

Property Company of the Year

Sunway Property, Malaysia

Best Residential Developer

Paramount Land

Best Mixed Use Developer

Hatten Group

Best Retail Developer

United Industrial Corporation

Best Office Developer

PT Danayasa Arthatama SCBD

Best Advisor

CBRE

Best Industrial Developer

Soilbuild Group Holdings

Best Leisure Developer

MNC Land

Most Innovative Developer

Frasers Centrepoint

Most Socially Responsible Developer

Soilbuild Group Holdings

Outstanding Contribution

OSK Property Holdings

Property of the Year

Mirage By the Lake, Malaysia

Best REIT

Ascott Residence Trust

Middle East

Property Company of the Year

United Real Estate Company

Best Residential Developer

Dar Al Arkan Real Estate

Best Mixed Use Developer

Alfardan Group

Best Retail Developer

United Real Estate Company

Best Office Developer

Aabar Properties

Best Advisor

Colliers International

Best Industrial Developer

Barwa Real Estate

Best Leisure Developer

SKAI Skai Holdings

Most Innovative Developer

Emaar Properties

Most Socially Responsible Developer

Msheireb Properties

Outstanding Contribution

Emaar Properties

Property of the Year

King Abdullah Economic City, Saudi Arabia

Best REIT

Emirates REIT

Europe

Property Company of the Year

Trigranit

Best Residential Developer

NEF Turkey

Best Mixed Use Developer

Dana Holdings

Best Retail Developer

Dana Holdings

Best Office Developer

Metrovacesa

Best Advisor

CBRE

Best Industrial Developer

Prologis

Best Leisure Developer

RDI

Most Innovative Developer

NEF Real Estate

Most Socially Responsible Developer

Prologis

Outstanding Contribution

Trigranit

Property of the Year

Eiffel Palace, Hungary

Best REIT

Ignis UK Commercial Property Trust

Latin America

Property Company of the Year

TGLT, Argentina

Best Residential Developer

TGLT, Argentina

Best Mixed Use Developer

IRSA, Argentina

Best Retail Developer

IRSA, Argentina

Best Office Developer

Odebrecht Realizacoes Imobiliárias

Best Advisor

Jones Lang LaSalle

Best Industrial Developer

Global Logistics Properties, Brazil

Best Leisure Developer

Odebrecht Realizacoes Imobiliárias

Most Innovative Developer

Odebrecht Realizacoes Imobiliárias

Most Socially Responsible Developer

Mexico Retail Properties

Outstanding Contribution

Territoria

Property of the Year

Juriquilla Towers, Sante Fe

Best REIT

Fibra Uno

North America

Property Company of the Year

North American Properties

Best Residential Developer

Great Gulf

Best Mixed Use Developer

Tishman Speyer

Best Retail Developer

Smart Centres

Best Office Developer

Jay Paul Company

Best Advisor

Cushman and Wakefield

Best Industrial Developer

IDI Gazeley

Best Leisure Developer

Starwood Hotels & Resorts

Most Innovative Developer

GD Nielsen Development

Most Socially Responsible Developer

Cadillac Fairview

Outstanding Contribution

The Macerich Company

Property of the Year

Serenity, US

Best REIT

WP Carey

Africa

Property Company of the Year

Feenstra Group

Best Residential Developer

Berman Bros

Best Mixed Use Developer

Rabie Property Group

Best Retail Developer

Flanagan and Gerard

Best Office Developer

Abland

Best Advisor

CBRE

Best Industrial Developer

Abland

Best Leisure Developer

Marriott International

Most Innovative Developer

Palm Hills Developments

Most Socially Responsible Developer

McCormick Property Development

Outstanding Contribution

Palm Hills Developments

Property of the Year

Palm Hills, New Cairo

Best REIT

Vukile Property Fund

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PROPCAFE™ News : Sunway Serene Residence Received Hot Response During Sales Preview

The weather has been extremely hot for the past few days but there is another heat wave been hitting on another hot project development at Petaling Jaya – Sunway Serene Residence, the latest masterpiece from Master Community Developer, Sunway Property, which is located in the mature neighbourhood of Petaling Jaya, has more than 8,000 registrations in less than a month after its registration exercise recently and it received hot response from over 5,000 visitors at its sales preview.

The overwhelming crowd at the Sunway Serene Sales Preview

Sunway Serene Residence is Sunway Property’s latest development which is anchored on the placemaking philosophy in the heart of Petaling Jaya. The placemaking philosophy capitalises on the community’s assets, inspiration, and potential, with the intention of creating public spaces that promote people’s health, happiness, and well-being.

The development which provides the residents a lakeside living experience, spans across 17 acres and is enveloped in an exquisite nature with an estimated GDV of RM2 billion. Sunway Serene comprises of bungalows and semi-D’s in the sky which overlooks the adjacent 15-acre lake and the lush greens of the 18-hole Subang National Golf Club. The first phase of the development has two towers, Tower A and Tower B.

“We attribute Sunway Serene Residence’s auspicious start to a combination of factors – the strategic location of the development, its lush surroundings, and the placemaking philosophy which has guided our design,” said Mr Tan Wooi Teong, Senior General Manager, Central Region, Sunway Berhad. “The Sunway Serene Residences development puts people as the first principle of design. Everything about this development – from its exceptional location next to a public lake and golf course, to the innovative facilities podium we have put in, is very much rooted in community based participation and honours community life as the soul of the development.” added Mr.Tan

Sunway Serene Public registering their bookings at the Sunway Serene Sales Preview

More than 50 types of facilities for the community

The entire development will house more than 50 facilities for residents to encourage community-based activities which centres around active and healthy lifestyles.

Olympic-length Infinity Pool

Infirmary

One of the main highlights of the development will be its
24-hour infirmary operated by Sunway Medical Centre
 where a registered nurse is stationed at the infirmary to meet the need of the residents of all ages; from infants to the elderly within a safe and secured surrounding of the development. The nurse will be able to treat minor conditions like fever, cough, gastric, sore throat, and diarrhea. In addition to convenient round the clock healthcare, the infirmary will also provide health screenings for blood pressure and glucose checking.

Sunway Serene 210m Lazy River Cruise

Longest Private Lazy River and First Mini Water Theme Park

The development will house an innovative first-of-its kind four-acre facility deck on Level 6. The facility deck will house
the longest lazy river to be built for residential development in Klang Valley measuring 210 meters long
, and a mini water play to be built within a development. Within the deck, outdoor facilities include an Olympic length infinity swimming pool spanning 50 metres in length, a herb reflexology garden, a multipurpose court, an open lawn, multipurpose hall, pavilion, BBQ terrace, pool sun bed, pool viewing lounge, play area, mini water play area, cabana lounge, hammock garden, reading and leisure pod, a curvy bridge and a linear yard garden.

Sunway Serene Sky Gym overlooking PJ Skyline

Indoor facilities on the same deck will include games room, prayer rooms, management office, changing rooms, gym, function rooms, a library, yoga room, lounge area, multipurpose room, theater room. Additional facilities include a sky gym and sky Jacuzzi on Level 50 Tower B. There will be a sky lounge at Level 51, Tower A and an observation deck at the roof top. Despite the plethora of facilities, the developer will be keeping
the maintenance fee low, at RM0.26psf
 to deliver exceptional value to the residents.

Sunway Serene Location

Connectivity and Accessibility

Located in the mature neighbourhood of Kelana Jaya, a stone’s throw away from a host of facilities and amenities, the development is also a mere three kilometres away from Sunway’s flagship township, Sunway City. Sunway City is home to over 7 million sq ft of world-class facilities, including educational institutions, Sunway Medical Centre and the Sunway Pyramid Mall. The development is easily accessible and well connected to five major roads and highways such as the LDP, Federal Highway, NPE, NKVE and Kesas, and next to the Setia Jaya BRT & KTM stations & Glenmarie and Kelana Jaya LRT Stations. It is also located closely to the Sultan Abdul Aziz Shah Airport (Subang Airport). Besides, prominent areas such as Petaling Jaya and Kuala Lumpur can be accessed via toll-free routes from Sunway Serene.

Sunway Serene Exclusive bridge that leads to your home

To enable further accessibility,
 a 250m long paved direct scenic driveway
 is built specially to those who are heading to the residences. The driveway is believed to reduce traffic at the area and drivers moving towards the development will not be caught in the peak hours’ traffic.

Sunway Serene type F Living Dining

Starting prices for Sunway Serene Residences are from
RM 807,000
. For convenient purchase, Sunway Property is offering the
Sunway Certainty Plus
 which offers a
guaranteed loan, low down payment & deferred payment till June 2020
.

Community Building Initiatives

Extending beyond the development, the developer has also invested in
beautifying a 15-acre public lake
. The lake was transformed from a waste pond into a beautiful scenic community lake, suitable for community and recreational event. Sunway has also built a 1.2 km jogging track for the enjoyment of the residents as well as the public.

To celebrate the completion of the community works and to honour the placemaking philosophy, Sunway Property had created a number of community events which had gathered crowds to the recently beautified lake, which was undertaken as a community service project by Sunway Property.

Sunway Serene 1.2KM Jogging Path By The Lake

The first was the PJ Festival, which ran for two dazzling evenings, had attracted members of the community who flocked to the free-for-public festival to enjoy the serene lakeside atmosphere which also doubled up at a prelude to the tranquil lakeside living which will be afforded to the Sunway Serene development. Following that, in conjunction with the Mid-Autumn Festival, Sunway Property also organised a Mid-Autumn Get-Together by the lake where a joyous evening of fun festivities and excitement.

The Mid-Autumn Get-Together saw the community celebrate the spirit of togetherness by the lakeside. Filled with activities such as dough doll making, dragon beard demos and giveaways, game booths, lantern riddles, a Chang-eBeder appearance, and lantern giveaways, the hundreds of families where. The highlights of the evening were a glowing dragon dance performance, cultural dance performance and a mooncake and lantern workshop. Both events attracted more than 5,000 people.

For more information, please log on to
http://www.sunwayserene.com
 or visit the sales gallery

View it on google map :

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PROPCAFE Review : Sunway V Residences 2 (VR2) @ Sunway Velocity, Jalan Cheras

Sunway Velocity @ Jalan Cheras – The City of New Horizon with Endless Dream

Source : http://www.sunwayproperty.com/malaysia-properties/malaysia-property-detail/sunway-velocity/id/e693d3f0-572b-688c-a7be-ff000068ef51/type/1

Sunway Velocity – The V Residences 2 – FREEHOLD

Size : 850 – 1136 sf

Price : From RM$1,063,000

6 June 2014 – Sunway Property will be launching Sunway Velocity Residences 2 in June 2014 within its RM 3.7 billion GDV, 23-acre Sunway Velocity development. Sunway Velocity Residences 2 comprises of 334 units in which 13 units are exclusive cabana-style apartments with 2 rooms and 2+1 rooms ranging from 850 sq. ft. to 1,136 sq. ft. and 321 units of serviced residences from 850 sq ft to 1,130 sq. ft. in size.

View from the balcony of a V Residences 2 unit, overlooking the stunning swimming pool facility

The V Residences 2 units will have a panoramic view of KLCC, unobstructed view of the pool as well as the two-acre park, a double facility deck and top-notch security. The development’s spectacular rooftop facilities include an astronomy observation deck, sky cinema, sky gym and sky floating deck.

View from the living room of a V Residences 2 unit with the breathtaking view of the KL Skyline

The cabana-style apartment units are located at the facility floor and have direct accessibility to the comprehensive facilities. With the units, homeowners will have the luxury of private garden areas within their units.

“During previous launches, we had received a lot of positive feedback from buyers and investors who have attributed their interest in Sunway Velocity to the excellent accessibility and the strategic location. We believe that Sunway V Residences 2 will achieve similar success. Sunway Velocity is set to bring value to its communities with the same co-investment model that has guaranteed Sunway Resort’s City’s resounding success.” said Ong Ghee Bin, Executive Director of Property Development Division, Central Region, Malaysia

The exclusive cabana-style unit with private garden and easy access to the swimming pool facility

Previous Sunway Velocity launches had received overwhelming response with all units fully sold out.

Dubbed the
City of Endless Possibilities,
 Sunway Velocity is a freehold 23-acre self-sustained integrated mixed development located in KL South, only 3.8 km to the city centre. Comprising residential, commercial, office, and retail components with sprawling public spaces, the development is flanked by Jalan Cheras, Jalan Shelly and Jalan Peel.

Easily accessible through four major roads, and four highways, the development is well serviced by public buses, taxis as well as two LRTS and two upcoming MRT stations namely Maluri and Cochrane stations. V Residences 2 is expected for completion in 2017, in time with the commencement of MRT operations. Sunway Velocity the only new integrated development of its kind within the area and will contribute to transforming the KL South skyline.

Sunway Velocity consists of five elements – V Retail, V Residence, V Office, V Boulevard and V Garden.

V-Retail encompasses over 1 million sq. ft. of lifestyle retail areas, and will be managed by the award winning team from Sunway Pyramid. The integrated development also has a hotel component as well as a medical centre.

Sunway Medical Centre, which is the only healthcare centre in the region to have received full accreditation from the Australian Council on Healthcare Standards (ACHS), will introduce a healthcare component with an enhanced working model to the development. Construction will begin end of this year.

Sunway has also taken the initiative to ensure absolute accessibility and connectivity within the development by improving on the infrastructure around the development consisting of a covered link bridge walkway to 2 MRT stations, a tunnel with direct link from Jalan Cheras to shopping mall basement car and an underpass from Jalan Cheras to Jalan Peel.

For more information on Sunway V Residences 2, visit
http://www.sunwayproperty.com/pd/sunwayvelocity.asp

PropCafe.Net’s Comment:

Sunway Velocity (RM 3.7 billion GDV, 23-acre Freehold) – They call it as The City of Endless Possibilities but I call it as “
The City of New Horizon with Endless Dream
.” but definitely now NOT everyone can realize this dream and I am one of them :p (being sour grape here)

Sunway Velocity Location [Picture Source : www.sunwayproperty.com]

Sunway Velocity is really located at the best of the best location among all other project along Jalan Cheras. I would label this location as
“
Mother of the Golden Land of Jalan Cheras”
.
 It is far than you can imagine how strategic this location is as of today at the juncture Jalan Peel, Jalan Cochrane, Jalan Shelly, Jalan Jejaka & Jalan Cheras.  Around this piece of land, there were quite a lot of primary & secondary schools around, thus I believe this place is quite nostalgic to some of you here where this area used be your backyard playground during your early teen timing :). Nevertheless, today we are talking about this prime land where the price is fetching around RM$1000psf almost going near to the price tag of KLCC  level, if not now it will be just a matter of time.

Being located merely at
3.8km
 to city center (*as per claimed by Sunway Website) it is rather very near to the CoG, I mean compared to other newly launched projects along Jalan Cheras . This is one of the greatest weapon of Sunway Velocity – The Location itself!

With the newly just completed expressway
Besraya Extension
 , the interchange is just a stone throw away from Sunway Velocity is another major booster to make Sunway Velocity an easily accessible spot aside of current exisiting MRR2, Jalan Loke Yew, Jalan Cheras, Jalan Tun Razak and MEX Expressway

Sunway Velocity Masterplan [Picture Source : www.sunwayproperty.com]
For the chu-chu train line, as far as I Know, Sunway Velocity is the only project which has 2- MRTs station and 1- LRT station within walking distance! At the “Head” of Sunway Velocity we have the
Maluri MRT-LRT Interchange
 at
220m away and the “Tail” of Sunway Velocity we have the
MRT

 Cochrane station
 which is just  100m away and both of these stations come with covered link bridge walkway! Can you imagine how convenient could it possibly be? Fundamentally Sunway Velocity will provide as an alternative roof for those who are sick of KLCC or out of budget of KLCC or those who got traumatized by the notorious Jalan Cheras traffic condition!
Imagine for the shoppers, get off at the Maluri Station and starts to sweep their shopping from the “Head” of Velocity till the “Tail” then done! Hop on to the Cochrane MRT station, where you don’t even need to U-turn back to the station where you get off earlier at Velocity. Vola! I just just have one word for it – awesome!

Source : www.sunwayproperty.com

For the concept itself, Sunway Velocity consists of 5 -elements : V Retail, V Residence, V Office, V Boulevard & V Garden

Sunway Velocity – V Residence 2 : Size: 850 – 1136 sf  Price: From RM$1,063,000

Sunway Velocity –  V Residence Suites : Size: 624 – 883 sf  Price: From RM$805,000

Sunway Velocity – Signature Retail Shop : Size: 1970 – 6119 sf  Price: From RM$2,600,000

Sunway Velocity – Signature Office : Size: 1835 – 4166 sf   Price: From RM$1,839,000

V-Retail : 1 million square feet shopping
mall comes with 6,500 car park bays and will be managed by the award winning team from Sunway Pyramid.

Will Sunway Velocity becomes the next Sunway Pyramid 2? We will see. So far we haven’t seen the retails managed by Sunway failed , have we? Moreover if it will be managed by the same team from Sunway Pyramid. Sunway Velocity will give an alternative shopping spot to the current Pavillion and KLCC. (*to be honest, I am quite bored with KLCC and Pavillion and also quite reluctant to go down town due to the traffic and car park issue – no right or wrong – just me ) . Due to its strategic matured location and easily accessible via variable major transport system , I see no problem that Sunway Velocity able to catch not only the local folks but as well as the foreigners.  Talking about shopping mall, the ultimatum of Sunway Velocity is the development of
Ikea @ Cochrane!

Come on! Can you imagine the combo of Sunway Pyramid + Ikea The Curve = ??? OMG, I am going to get a goose bump thinking of the outcome of the equation! What say you?

source : http://www.ien.com.my/projects/ikea.html

V Office [Pic Source : http://www.sunwayproperty.com]
V Residence [Source : http://www.sunwayproperty.com]
V Boulevard [Source : http://www.sunwayproperty.com]
V Garden [Source : http://www.sunwayproperty.com]

According to the latest source, Sunway will inject another 2 elements to be integrated into this Sunway Velocity , a
medical center and hotel component .

It is getting more and more to the mirror image of what happening at Sunway where there have Sunway Medical Center and also Sunway Hotel resort. Well with this, PropCafe.Net decided to give a name to each of these 2 extra elements ,
V-Medical and V-Hotel

🙂

As far as I notice, Sunway Velocity is not perfect in term of concept, there is one piece still missing from this Sunway Velocity where Sunway Group really strong at –
The Education Element,
 . As we all know well, Sunway University is famous, those who know Sunway city , I am sure they know Sunway College / University. Now I am starting to think how could it be possible that the Sunway Velocity has missed out the Education Hub? Well, it is just my personal opinion, if  Sunway Group would have had incorporated one of their stronghold , the education line by formulating the education hub into the Sunway Velocity – and again we give a name as V-College or V-University , it will be definitely be another extra-alpha element to bring up the whole entire Sunway Velocity as in complete version of The City of Endless Possibilities.( I still prefer my version of “
The City of New Horizon with Endless Dream
.”  Well o well,  Sunway Group please consider this! 🙂 We are hoping to see Sunway Velocity’s V-College/University here 🙂 Complete it please! LOL

I think  I had said enough of this project from the macro point of view. Not going details on the micro part. If you asked me the price of Sunway Velocity, well the answer is subjective. You will get the answer if you compared it with current KLCC’s price. I would say it is definitely not for the commoner like me, it is more to the elite group and foreigners.

Enjoy the video clip

If  you want to know the details of this project, please visit this website :
http://www.sunwayproperty.com/pd/sunwayvelocity.asp

Any comment is welcome and feel free to drop any questions here.

Thank you and have a nice day.

Sunway Velocity – A new landmark of Cheras

Source : http://www.sunwayproperty.com/vrsuites/indexfb.html

Sunway Velocity – Awesome and Exceptional Connectivity and Accessibility

Sunway Velocity – V Residence Suites (624-883sf  From RM$805,000) 1, 1+1 and 2 bedroom

Sunway Velocity – V Residence 2 & Suites Master Plan

Sunway Velocity – V Residence Suite Actual Show Unit Photo

V Residence Suite Floorplans

1 BEDROOM 624 SQ. FT / 58 SQ. M

V Residence Suites 624sf

1 BEDROOM 689 SQ. FT / 64 SQ. M

V Residence Suites 1 BEDROOM 689 SQ. FT / 64 SQ. M

1+1 BEDROOM 694 SQ. FT / 64.5 SQ. M

V Residence Suites 1+1 BEDROOM 694 SQ. FT / 64.5 SQ. M

2 BEDROOMS 877 SQ. FT / 81.5 SQ. M

V Residence Suites 2 BEDROOMS 877 SQ. FT / 81.5 SQ. M

2 BEDROOMS 883 SQ. FT / 82 SQ. M

V Residence Suites 2 BEDROOMS 883 SQ. FT / 82 SQ. M

*All info and pictures of Sunway Velocity – V Residence Suites sourced from http://www.sunwayproperty.com/vrsuites/indexfb.html

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