Pantai Hillpark is located near the residential enclaves of Bangsar South and Bukit Pantai. This hilltop residence is considered as one of the great successes of property development in the Klang Valley.
Continue Reading ⋅ 19 February 2022
Aera Residence is the new and upcoming serviced residence that is located south of Petaling Jaya close to Bandar Sunway. It is a Chin Hin Property Development project, through their subsidiary Platinum Eminent Sdn Bhd. Sited on commercial land, Aera Residence will enjoy an affordable selling price of between RM380,000 and RM550,000. There will be two 40-storey towers with a total of 752 units, with the built-ups ranging between 718 sq ft to 1,010 sq ft. The Aera Residence project expected completion date is the year Q1 2021.
Address: Jalan PJS 5/28, Kampung Ghandi, 46150 Petaling Jaya, Selangor
Property Type: Serviced Apartment & Retail Lots
Land Title: Commercial
No of Storeys: 40
No of Blocks: 2
Tenure: Leasehold
Sales Gallery: A-0-9 Pusat Perdagangan Kuchai, No. 2, Jalan 1/127, off Jalan Kuchai Lama
Site GPS Coordinates: 3.077503, 101.624811
Expected Date of Completion: Q1 2021
Built-up area: 718 sq ft – 1,010 sq ft
Facilities:
- Swimming pool
- Jacuzzi
- Sunny deck
- Wading pool
- Gym
- Interactive playground
- BBQ and dining area
- Futsal court
- Game room
- Library
- Kids recreational centre
- Sauna room
- SPA room
Price: RM380,000
Price psf: Approximately RM522 psf
Maintenance Fee psf: RM0.35 per sq ft
Project Details
Aera Residence is a leasehold mixed development that incorporates a service apartment and retail lots. The service apartment will comprise of two towers, both of which will stand at 40 storeys tall. Sited on a commercial plot of land, residents will need to pay commercial rates for the utility bills. Aera Residence is due for completion in the year Q1 2021.
The residential component of Aera Residence will house a total of 752 units that range between 718 sq ft and 1,010 sq ft. Buyers will have 3 different unit types to choose from. Type A1 will be the biggest unit at 850 + 160 sq ft (balcony), followed by Type A at 850 + 143 sq ft (balcony) and Type B which is the smallest at 550 + 168 sq ft (balcony). All the units will have a minimum of 2 bedrooms.
|
Type |
Built-Up |
|
Type A |
850 + 143 sq ft |
|
Type A1 |
850 + 160 sq ft |
|
Type B |
550 + 168 sq ft |
With a maintenance fee of RM0.35 per sq ft, residents of Aera Residence will be able to enjoy a number of facilities. There will be a swimming pool and Jacuzzi for water featured facilities, coupled with a sunny deck, SPA room and sauna room. Fitness enthusiasts will have a gymnasium and futsal court. Unusual for a service apartment, there will also be a library for the use of residents. Toddlers are also part of the facility make up, with an interactive playground and kids recreational centre.
Location
Aera Residence is the ideal home for property buyers looking for a home in the city centre. It is situated within Selangor, in the city of Petaling Jaya in PJS 5. It is ideally located because of its proximity to both Bandar Sunway as well as Kuala Lumpur, where the former is less than 15 minutes away and the latter less than 30 minutes.
Aera Residence is situated within an established neighbourhood, and is surrounded by matured landed residential homes as well as new commercial developments. While certainly not located in one of the last pieces of available land in Petaling Jaya, Aera Residence certainly comes close to being the last new developments in the same neighbourhood. The closest new development to Aera Residence is in SS15, The Grand Subang.
Residents of Aera Residence will enjoy impeccable accessibility to all the surrounding suburbs via highway. Set just next to one of the major expressways of Klang Valley, the New Pantai Expressway (NPE), residents will be able to travel between Kuala Lumpur and Bandar Sunway seamlessly. The highway also connects to the Maju Expressway (MEX), enabling residents of Aera Residence to get to the Kuala Lumpur International Airport (KLIA) within less than an hour.
Located in the city centre, residents of Aera Residence will enjoy the advantages of city living. Sunway Pyramid, one of the most popular shopping malls in Klang Valley, is only 10 minutes away while the Sunway Medical Centre is less than 15 minutes away. Perhaps more towards the advantages of the residents is Aera Residence’s proximity to SS15, the popular commercial hub that offers innumerous food and beverage options, dance classes, banks and many other services.
Analysis
In spite of Aera Residence’s prime location, its asking prices are still very affordable as can be seen below:
|
Name |
Land Tenure |
No. of Blocks |
No. of Storeys |
Selling Price |
|
Aera Residence Completion date: |
Leasehold |
2 |
40 storeys |
From RM380,000 |
|
Completion date: 2022 |
Freehold |
2 |
34 storeys |
Starts from RM506,000 |
Summary
Aera Residence is from all views a great home for first time home buyers – affordable yet of quality. The homes are spacious enough for a family, and is of a prime location that getting around within the city is made convenient. The unconventionally larger than the norm balconies are also a plus point for many of Aera Residence’s buyers. Combining its affordable prices and large spaces, Aera Residence is a sought after development.
