With Kuala Lumpur’s boundless potential and unparalleled prestige, more and more developers aspire to establish a strong real estate presence in this side of the country. One developer hoping to infiltrate the area’s strong and vibrant property development scene is Evolusi Bina. A subsidiary of SM Land Group, Evolusi Bina set out to accomplish make a name for itself through its maiden project named Pertama Residency, otherwise known Pertama Residency Designer Suites.
Strategically located, Pertama Residency is smacked at the junction of two main roads – Jalan Cheras and Loke Yew. The residential, therefore, is mere minutes away from the premier KLCC where a world of amenities await to be explored. On leasehold tenure, the serviced residence spans 1.5 acres of land area where the one 19-storey block is sited.
Choices of Designer Suites
Making up Pertama Residency are 312 units of studio designer suites designed for the stylish yet practical urbanites, professionals and couples. All units are modest in size yet comfortable measuring 610 sq.ft. Of the 19 storeys, 13 levels were allotted for the studio suites, 5 for parking and the ground level for shops. The project was launched back in 2007 at a launch price starting from RM178,800 to RM198,800. Subsale price was set from RM330,000 to RM720,000 while rental is between RM1,450 and RM3,500.
To double check on the figures, whether it is fair or overprice, you can use our free price valuation guide right here.
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Ready to Move In
Though Pertama Residency only has a handful of general facilities such as a lounge bar, swimming pool, WIFI access and 24-hour security, the project compensates with furnishing. Each unit comes complete with quality furnishings for the kitchen, living area and bedrooms. Among these special features that complement the suite’s contemporary design are:
> TV cabinet
> 2-seater sofa
> coffee table with chairs
> 32″ LCD TV
> 1 HP air conditioner
> kitchen cabinets
> kitchen hood
> washing machines with dryer
> wardrobe with mirror panel
> bed and mattress
> side tables
> private Jacuzzi
> water heater
Conveniently Served & Connected
Nestled within the Cheras area, Pertama Residency enjoys quick access to a myriad of modern amenities. A few minutes away is Jusco hypermarket where residents can shop and stock up on essentials. Other shopping complexes are also within reach including Leisure Mall and Tesco Extra as well as Mid Valley Mall.
For residents with children, the vicinity of Cheras has a number of schools to choose from – SK Seri Cheras, SMK Seri Gombak and SMK Seri Bintang Selatan. The nearest hospital is a few kilometers away, Hospital University Kebangsaan. As for recreation, two parks are a stone’s throw away which are perfect destinations for families.
Sealing the deal for Pertama Residency as a strategically located investment is excellent connectivity. Providing easy access to the site are major road arteries that linked residents to KLCC. From here, major highways such as KESAS and East-West Highway are easy to get to when you’re planning to visit other key destinations.
Location-wise, Pertama Residency is on a sweet spot with potential for appreciation. It is evident in its close proximity to amenities as well as with the areas excellent connectivity. For that alone, the development is a good prospect if you’re hoping to cinch an investment for capital gains. It is important to take note, however, that Cheras a busy and hectic area. This means that traffic congestion is all part of the lifestyle.
Despite the drawbacks though, there’s no denying that Pertama Residency’s main selling point is its location. But just like with any investment, it always helps to research more on the project’s fair market value. To help you along, below is an ebook guide that you can download for free.