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Continue Reading ⋅ 30 January 2023
Uni Suites is an upcoming project in the state of Ipoh, in the neighbourhood of Kampar. It is a serviced residence with a commercial title, sitting on leasehold land. This development will be a high density one with 2876 units, spread out between 4 blocks of 11 storeys. Expected to be completed by the year 2020, Uni Suites is a project of Vistana Jati Sdn Bhd. Sized at between 135 sq ft and 269 sq ft, the launch price of Uni Suites starts from RM87,200
Address: Jalan Batu Karang, Taman Bandar Baru, 31900 Kampar, Perak
Property Type: Serviced Residence
Land Title: Commercial
No of Storeys: 11
No of Blocks: 4
Total No. of Units: 2876
Tenure: Leasehold
Sales Gallery: EJUN 1, Taman Kolej Perdana, 31900 Kampar, Perak
Site GPS Coordinates: 4.328869, 101.147756
Expected Date of Completion: 2020
Built-up area: 135 sq ft – 269 sq ft
Facilities:
- Swimming pool
- Gymnasium
- Badminton courts
- Basketball courts
- Ping pong tables
- Cafeteria
- BBQ area
- Changing room
- Lounge
- Reading room
Launch Price: From RM87,200
Price psf: From RM645 per sq ft
Maintenance Fee psf: RM33.75
Parking Bay/s per Unit: 0
Special Features:
- Walking distance to UTAR and TARUC
- Fully furnished
- Free WiFi
Project Details
Uni Suites is a leasehold serviced residence project located in the education city of Kampar in Ipoh. It is a development that carries a commercial title and is dedicated to the students of that area, designed to provide comfortable room and board for them. Uni Suites will carry a total of 2876 rooms across 4 blocks of 11 storey towers. This translates to approximately 719 units to a tower and approximately 65 rooms to a floor. While the density looks to be high, the concept of the development indicates otherwise.
The built-up of the rooms range between 135 sq ft ad 269 sq ft, with the smaller of the two being the Solo type room and the bigger one the Twin type. The Solo type of room will provide more privacy with only 1 bedroom and 1 bathroom to a unit, while the Twin type has 2 bedrooms and 1 bathroom. The launch price of this development starts from RM87,200 with an average selling price per sq ft of RM645.
|
Type |
Built Up |
Starting Price |
No. of Rooms |
|
SOLO |
135 sq ft |
87,200 |
1R, 1B |
|
TWIN |
269 sq ft |
170,300 |
2R, 1B |
Residents of Uni Suites will enjoy several facilities, including a gymnasium, swimming pool, badminton court and basketball court. Of the other facilities included for use are ping pong tables, a cafeteria and barbecue area. For rest and relaxation, there is a reading room and lounge area. Throughout the entire development, there will also be free WiFi provided. The maintenance fee for these facilities is about RM33.75 per unit.
The main selling point of Uni Suites is its short distance to Universiti Tunku Abdul Rahman (UTAR), and Tunku Abdul Rahman University College (TARUC); in fact, the concept of Uni Suites is for the development to be fully dedicated to student living. For students who find walking to be slightly too far, shuttle bus services to the universities are provided.
Investors who purchase a unit at Uni Suites will find renting them out to be renovation and hassle-free as every unit will already come fully furnished. Even finding a tenant will be easy as the developer will provide Professional Tenant Management services which will help the property owner find tenants.
Location
Uni Suites is as its name indicates, a development that is dedicated to the students of Kampar. As befitting its name, Uni Suites is within walking distance to the prominent institutes of higher education, Universiti Tunku Abdul Rahman (UTAR), and Tunku Abdul Rahman University College (TARUC).
Uni Suites is however not all about education, it is also located in a self-sufficient hub where food and beverage are aplenty. Within a short distance of home are numerous popular food chains such as Kentucky Fried Chicken (KFC), McDonald’s and Sushi Mentai. Popular cafes in the area include Starbucks and Old Town White Coffee.
Students will also find grocery shopping to be very convenient, as just a short walk from Uni Suites at approximately 200 metres away is the local Econsave hypermarket, and only slightly further away at approximately 3 kilometres is the Tesco hypermarket offering a wide variety of goods. Also within the commercial hub is the Grand Kampar Hotel, which is popular amongst family members visiting students.
Across the main road of Jalan Batu Sinar is another business hub which houses all the banks of the area including AmBank, Hong Leong Bank, Public Bank, RHB, Maybank and CIMB. The petrol stations servicing this area are Petron, Petronas and Caltex also just across the road.
Travelling to and from Uni Suites from outstation is convenient via either public or private transportation. Located just a stone’s throw from the universities is the Gopeng Tol Plaza and within a short distance of only 3.8 kilometres away is the Kampar KTM station.
Analysis
|
Name |
Land Tenure |
Price per sq ft |
No. of Blocks |
Total Units |
|
Uni Suites Completion date: 2020 |
Leasehold |
MYR645 |
4 |
2876 |
|
Kampar Lake Campus Condominium, Completion date: 2019 |
Freehold |
From RM435 |
3 |
350 |
With UTAR and TARUC in the neighbourhood, new developments catering to its students are increasingly popular. Uni Suites is however unique as it is the only development that offers students single rooms in a hotel style rather than entire 3 bedroom units to be shared with others.
Summary
The entire concept of Uni Suites is designed based on renting out the unit to students in an easy and uncomplicated manner. The units are fully furnished upon completion, and the development will come with a tenant management system that helps property owners find tenants; and with UTAR and TARUC in the area, it is almost a guarantee that they will always have tenants. As such, Uni Suites is considered to be a great investment in Kampar.
