Alix Residences, North Kiara

Review

Pavither
⋅
1 October 2019

Alix Residences was first launched in July 2019 by Orchard Park Sdn Bhd, a subsidiary of TA Global Bhd. It is a modern luxury residential development in North Kiara, one of Kuala Lumpur’s more affluent addresses. TA Global Bhd’s chief executive officer Tiah Joo Kim said that the project is designed to appeal to the multi-cultural neighbourhood and its surroundings.

Alix Residences has a gross development value (GDV) of RM507 million and it sits on 4.55 acre of freehold land. Located off Jalan Dutamas Raya in Dutamas, Alix Residences is targeted to those planning to stay in an affluent area at an attainable price. The indicative price for Alix Residences’ units averages around RM760 per square feet (psf).

The developer is targeting professionals, young families and upgraders. Tiah said, “We are targeting people who are in their 30s to 40s or even their 50s. We also expect more homeowners than investors because this is a sought-after location and there are a lot of international schools.”

Inspired by the word elixir, the name Alix stands for a modern alchemy that gives life and energy, while infusing everything around it with a sophisticated edge. It connotes affluence, lifestyle, innovation and luxury. Alix Residences promises best-in-class facilities comprising the first residential sky futsal in North Kiara, a tennis court, a yoga studio, a gym, a sky pool, a grand pool, a kid’s pool, a jacuzzi, a jogging track, a children’s playground, dining alcove, barbeque deck, hammock garden, Alix theatre, sky dining, sky bar and outdoor dining. There is a video showcasing a virtual tour experience on the project’s website.

Tiah believes that potential residents would be sophisticated, well-educated and well-travelled. “They would have a strong sense of identity. They know their likes and dislikes and they don’t necessarily follow other people or trends.”

The development carries this tagline – Brazenly Authentic. This ethos will be reflected in decisions made for the project. For example, the interior design is envisioned to be bold, different and unexpected.

Address: Jalan Dutamas Dahlia 5, Solaris Dutamas, Kuala Lumpur

Property Type: Condominium

Land Title: Residential

Total Units: 364

Tenure: Freehold

Sales Gallery: A5-G1-2, Level G1, Menara 1 Dutamas, Block A5 Solaris Dutamas, No. 1, Jalan Dutamas 1, 50480 Kuala Lumpur

Year of Completion: 2023

Built-up Area: 1,012 sq ft – 6,544 sq ft

Facilities – Ground Floor:

Multi-purpose hall / badminton court
Pantry
Pre-function deck
Tennis court
Changing room
Sauna
Gym
Yoga studio
Pool deck
Poolside pavilion
Grand pool
Jacuzzi
Kids’ pool
Kids’ playjet
Featured cabana
Pre-function area & waiting lounge
Tower A – lobby reception
Cascading water feature
Tower A – drop-off
Central courtyard
Grand entrance plaza
Water feature
Tower B – drop-off
Tower B – lobby reception
Arrival lounge
Surau
Nursery
Mailroom
Grand lawn steps
Jogging track
Grand lawn
Children’s playground – indoor & outdoor
Urban farming
Guardhouse
Grand entrance

Facilities – Sky Deck (Tower A, Level 36):

Cabana swing
Hammock garden
Outdoor community gym
Exercise station
Outdoor seating terrace
Yoga deck
Outdoor function deck
Dining alcove
Barbeque area

Facilities – Sky Deck (Tower B, Level 23):

Sky futsal
Elevated bench
ALIX theatre
Brazen lounge
Sky pool
Pool deck
Sky deck
Barbeque area

Launch Price: From RM830,000

Launch Price Per Sq Ft: Average of RM760 per sq ft

Maintenance Fee: RM0.38 psf

Alix Residences is a low-density development. It has 364 individual units which are spread across 2 towers. Tower A has 36 floors while Tower B has 23 floors. Units’ built-ups range from 1,012 sq ft to 6,544 sq ft.

Both towers feature spacious layouts centred on family living. Unit types include single-key, dual-key, garden and penthouse units. The indicative average selling price is RM760 per square feet (psf), with a maintenance fee of RM0.38 psf. Depending on the unit’s size, there will be 2 to 4 parking bays per unit.

The development is scheduled for completion by the third quarter of 2023.

Unit Types	Built-Up	Launch Price
Type A1	· 1,615 sq ft · 3 bedrooms · 3 bathrooms · Dual key	From RM830,000
Type A2	· 1,938 sq ft · 4 bedrooms · 4 bathrooms · Dual key
Type A3	· 2,476 sq ft · 4 + 1 bedrooms · 5 bathrooms
Type A3 (G)	· 4,381 sq ft · 4 + 1 bedrooms · 5 bathrooms · 1 pool · 1 roof garden
Penthouse Type 1	· 6,544 sq ft · 4 + 1 bedrooms · 5 bathrooms · 1 pool · 1 roof garden
Penthouse Type 2	· 4,856 sq ft · 4 + 1 bedrooms · 5 bathrooms · 1 pool · 1 roof garden
Type B1	· 1,744 sq ft · 3 + 1 bedrooms · 4 bathrooms
Type B2	· 1,819 sq ft · 4 bedrooms · 4 bathrooms · 1 study room · Dual key
Type B2 (G)	· 3,552 sq ft · 3 bedrooms · 3 bathrooms · 1 study room · 1 pool · 1 roof garden · Dual key
Type B3	· 1,012 sq ft · 2 bedrooms · 2 bathrooms
Type B4	· 1,485 sq ft · 3 + 1 bedrooms · 3 bathrooms

Alix Residences is easily accessible via the Jalan Duta, North-South Expressway, SPRINT Highway, New Klang Valley Elevated Highway (NKVE) and Damansara-Ulu Kelang Elevated Highway (DUKE). Other infrastructures close to the project include the Penchala Link and Jalan Tuanku Abdul Halim.

As for public transport, the Segambut KTM station and Semantan MRT station are approximately 15 minutes away from Alix Residences. The schools closest to the project are the French School is Kuala Lumpur, and a proposed private school which is located directly opposite Alix Residences.

In terms of pricing, TA Global Bhd’s chief executive officer Tiah Joo Kim opined that it is competitive. “We are confident [that we can sell]. But having said that, I understand what the task ahead is. It is not going to be a walk in the park.”

Accessibility

North-South Expressway
SPRINT Highway
New Klang Valley Expressway (NKVE)
Damansara-Ulu Kelang Expressway (DUKE)
Penchala Link
Jalan Tuanku Abdul Halim
Segambut KTM station
Semantan MRT station

Education

French School of Kuala Lumpur
A proposed private school
Mont Kiara International School
Kiaramas Primary and Secondary Schools
Taylor’s College
Garden International School

Medical Care

ParkCity Medical Centre
Global Doctors Specialist Centre
Kiara Child Specialist Clinic

Shopping

Publika Shopping Gallery
Solaris Mont Kiara
1 Mont Kiara
Hartamas Shopping Centre
Verve Shops
Plaza Mont’Kiara

Recreation

Bukit Kiara Equestrian Club
National Science Centre
Tun Razak Hockey Stadium
MATRADE
Malaysian International Trade & Exhibition Centre

North Kiara is located between Mont Kiara and Desa ParkCity, and it has witnessed an increase in developments in recent years. Developers have redefined the landscape to accommodate the spillover residential demand in Mont Kiara The area is still undergoing redevelopment and since the area is an extension of Mont Kiara, prices are still within the affordable range.

Road widening initiatives and improvements in infrastructure would likely increase the appeal of the location as developers continue to rebrand and develop the area. According to property experts, the average selling price for condominiums in Dutamas is from RM600 to RM750 psf. They believe there is a demand for high-rise developments in the area by most families.

Dutamas is a good location and there are many amenities such as international schools here. Its close proximity to Mont Kiara and slightly lower prices paints a positive outlook for the Dutamas area. However, traffic congestion could be an issue, just like Mont Kiara, as there are many high-rise developments there.

Here’s a look at high-rise developments in Mont Kiara / Dutamas.

Project	Land Tenure	Unit Type	Completion	Built-up	Approximate Launch Price
Alix Residences by TA Global Bhd	Freehold	Condominium	2023	1,012 sq ft – 2,476 sq ft	From RM830,000
TWY Mont Kiara by Symphony Life Berhad	Freehold	Duplex Condominium	2019	662 sq ft – 1,385 sq ft	From RM780,660
Anjali by Tago (Malaysia) Sdn Bhd	Freehold	Condominium	2017	1,213 sq ft – 5,296 sq ft	From RM750,000
Arte Mont Kiara by Nusmetro Sdn Bhd	Leasehold	Serviced Residence	2019	440 sq ft – 1,100 sq ft	From RM376,000
Residensi Sefina by UEM Sunrise	Freehold	Condominium	2019	1,333 sq ft – 1,771 sq ft	From RM1,057,800
NK Residences by Loh & Loh Corporation Berhad	Freehold	Condominium	2018	1,435 sq ft – 2,565 sq ft	From RM852,037

Despite the still challenging property market, the developer is still “fairly confident” about their products as their prices are lower than the market average. Plus, the developer plans to build Alix Residences with the highest specification and detail to provide homeowners with an exceptional living experience.

Aside Alix Residences, TA Global Bhd plans to launch another project in the second half of 2019 – TA 3 & 4 in KLCC. Next year, the developer plans to launch the RM3 billion, 15-acre mixed-use development, Ativo Annexe, in Bandar Sri Damansara. In Malaysia, TA Global Group has made strides in establishing itself as a luxury lifestyle property developer with its successful launches of niche residential properties.

If you are interested in a unit at Alix Residences that is priced at RM830,000, the monthly repayment would be approximately RM2,875. This is based on a 30-year 70% LTV loan of RM581,000 with an interest rate of 4.3%. The monthly repayment is calculated using the PropertyGuru Home Loan Calculator.