This is a good property to look into, due to its close proximity to several renowned colleges/universities and entertainment centres.
Continue Reading ⋅ 19 February 2022
Lot 15 of Subang is a highly anticipated new development in the neighbourhood, aptly named for its location in SS16. It is a project of Sime Darby, a leading property developer in Malaysia. Lot 15 will be a freehold, commercial titled mixed development of serviced residences and shops, totalling 361 units housed within 2 towers. Built-ups of the serviced residence units will range between 624 sq ft and 1,001 sq ft, with a launch price of RM593,888. Residents will enjoy 12 months of free maintenance fees upon completion of Lot 15 estimated in November 2021.
Address: Jalan SS16/1, 47500 Subang Jaya, Selangor
Property Type: Serviced Residence & Shop
Land Title: Commercial
No of Storeys: 20
No of Blocks: 2
Total Number of Units: 361
Tenure: Freehold
Sales Gallery: Wisma Consplant 2, Jalan SS16/1 Subang Jaya, 47500 Petaling Jaya, Selangor
Site GPS Coordinates: 3.084050, 101.587566
Expected Date of Completion: Nov 2021
Built-up area: 624 sq ft – 1,001 sq ft
Facilities:
- Infinity edge lap pool
- Jacuzzi
- Cabana
- Floating pavilion
- Deck
- Barbecue area
- Pantry
- Surau
- Gymnasium
- Space for nursery room
- Wading pool
- Pool deck
- Landscape garden
- Reflexology path
- Reading corner
- Multipurpose hall
- Playground
- Sauna & Changing room
- Space for launderette
- Space for games room
Launch Price: RM593,888 – RM1,009,888
Price psf: From RM950 per sq ft
Maintenance Fee psf: Free maintenance fee for 12 months
Project Details
Lot 15 is a beautifully designed serviced apartment that is not only dedicated to students but to all walks of lives including bachelors and families. As a mixed development with retail shops downstairs, Lot 15 will be a commercial titled project that carries a freehold title. Separated into 2 blocks, density will be on the low side with only 361 units spread out over 20 storeys. The serviced apartment units will be sized between 624 sq ft – 1,001 sq ft, and priced between RM593,888 and RM1,009,888, with each unit housing a minimum of 1+1 bedrooms.
|
Type |
Built Up (sq ft) |
Layout |
Total Units |
|
A |
624 |
1+1R,1B |
159 |
|
B |
861 |
2R,2B |
107 |
|
C |
861 |
2R,2B |
107 |
|
D |
861 |
2R,2B |
107 |
|
E |
937 |
2R,2B |
80 |
|
F |
937 |
2+1R,2B |
80 |
|
G |
1,001 |
2+1R,2B |
15 |
Each tower offers 3 sky gardens and a rooftop edible herb garden with a spectacular view on level 30. Selected units fitted with bay windows enjoy accentuated views and a feeling of spaciousness. All units are designed with a 1:1 bedroom to bathroom ratio. Every unit is blessed with plenty of natural lighting, thanks to the wall-to-wall and ceiling to floor glass windows. With these, residents of Lot 15 not only enjoy natural daylight, but also the city night lights.
The facilities brought to residents by the developer cater to all ages, including toddlers with its nursery room space, playground and wading pool. Adults have more variety of facilities to choose from, including the infinity edge lap pool, upcoming games room, reading corner and gymnasium. Spots for relaxation are scattered throughout Lot 15, at the cabana, floating pavilion and deck area. Party gatherings are even made possible with the barbecue and pantry area. In short, Lot 15 is a haven in the middle of a concrete jungle.
Location
Lot 15 is a development that is valued for its location in the centre of Subang Jaya, a place renowned for its liveliness. Due to its location, residents of Lot 15 will enjoy seamless access to several major highways including the New Klang Valley Expressway (NKVE), Guthrie Corridor Expressway (GCE), ELITE Expressway, Damansara-Puchong Highway (LDP), New Pantai Expressway (NPE), Federal Highway and the Shah Alam Expressway (KESAS). And adding on to the connectivity are the major trunk road of Jalan Kewajipan.
Thanks to the highways mentioned above, reaching Shah Alam takes only 20 minutes from Lot 15, and Petaling Jaya only 20 minutes. The Kuala Lumpur city centre is approximately 19 kilometres away, and the Kuala Lumpur International Airport is less than an hour away.
The central location of Lot 15 in a matured neighbourhood means that residents are surrounded by amenities. Aside from being surrounded by institutes of higher education such as the Taylors University College, Metropolitan College, INTI International University & Colleges and Monash University, Subang is also renowned for being a food centre. Within this area are middle eastern food such as Oregi, cafes like the 24-hour Donutes, and many mamak shops.
And besides the education and food and beverage, shopping malls are many around Lot 15 as well. Of the more popular ones are the Sunway Pyramid shopping centre, and also the Empire Shopping Gallery. Of the hypermarkets in the area is also Aeon Big. Medical facilities are also available at the Subang Jaya Medical Centre and the Sunway Medical Centre.
Analysis
As can be seen below, new developments in Subang are rare and few as it is a prime area with limited land. Prices in this area are hence expected to be in the higher range.
|
Name |
Land Tenure |
No. of Blocks |
No. of Storeys |
Selling Price |
|
Lot 15, Subang Completion date: 2021 |
Freehold |
2 |
20 storeys |
Starts from RM593,888 |
|
The Edge Residen, Subang Completion date: 2018 |
Leasehold |
1 |
30 storeys |
Starts from RM400,000
|
Summary
Public interest in Lot 15, Subang is high due to its central location. Potential buyers are looking at it with the thought of investment in their minds, and renting it out to the many students of the universities in the area. While there are some who think that the price is steep, there are also many who have regretted not buying similar developments within the area in the previous years. With scarcity of land increasing in Subang, Lot 15 is a hot project.
