• Pavither
  • 20 April 2021

Aster Residence is a serviced apartment at Taman Cheras Hartamas, in Cheras, Kuala Lumpur. It is developed by Amber Homes Sdn Bhd, across 2.82 acres of leasehold land.

Taman Cheras Hartamas is a smallish township in Cheras, at the border of Selangor-Federal Territory. This township is surrounded by mature townships such as Taman Segar, Taman Connaught, and Taman Cuepacs. Thus, residents will have their pick of amenities within a short drive.

Taman Cheras Hartamas is also surrounded by greenery, despite being a mature neighbourhood in a pretty high demanded area. So, residents can enjoy the calm and breeze from the forest, while being close to the city. Compared to other large residential areas, Taman Cheras Hartamas is considered a low-density neighbourhood.

Aster Residence is expected to be completed in 2021.

Aster Residence is a serviced apartment at Taman Cheras Hartamas, in Cheras, Kuala Lumpur.

Address: Jalan Cheras Hartamas, Taman Cheras Hartamas, 43200 Cheras, Selangor

Developer: Amber Homes Sdn Bhd

Sales Gallery: Aster Residence Cheras Sales Gallery, VO2-03-08, V Office Suites, Sunway Velocity, 55100 Kuala Lumpur

Property Type: Serviced Apartment

Land Area: 2.82 acres

Land Title: Commercial (Residential under HDA)

No. of Blocks: 1

No. of Storeys: 38

Total Units: 960

  • Zone A: 366 units
  • Zone B: 370 units
  • Zone C: 224 units

Tenure: Leasehold

Year of Completion: 2021

Built-up Area: 650 sq ft – 1,009 sq ft

Facilities:

Ground Floor

  • Sunken seating
  • Interactive playground
  • Rock climbing
  • Rest nodes
  • Water feature

Level 1

  • Half basketball court
  • Futsal court
  • Badminton court
  • Green lawn
  • Pavilion
  • Seating areas
  • Outdoor par course
  • Obstacle play

Level 2

  • Gymnasium
  • Multi-purpose hall
  • Family function area
  • Changing room
  • Barbeque shelter
  • Deck
  • Pavilion
  • Water feature
  • Swimming pool
  • Wading pool (with play jets)
  • Trampoline

Launch Price: From RM362,000

Maintenance Fee: RM0.35 per sq ft

Aster Residence is a serviced apartment at Taman Cheras Hartamas, in Cheras, Kuala Lumpur.

Project Details

Aster Residence consists of 38 floors, and there is a total of 960 units across 3 zones (Zone A: 366 units, Zone B: 370 units, and Zone C: 224 units).

Aster Residence consists of 38 floors, and there is a total of 960 units across 3 zones (Zone A: 366 units, Zone B: 370 units, and Zone C: 224 units). Aster Residence consists of 38 floors, and there is a total of 960 units across 3 zones (Zone A: 366 units, Zone B: 370 units, and Zone C: 224 units). Aster Residence consists of 38 floors, and there is a total of 960 units across 3 zones (Zone A: 366 units, Zone B: 370 units, and Zone C: 224 units).

The number of units per floor is either 6 units or 10 units (Zone A:10 units, Zone B: 10 units, Zone C: 6 units). As for lifts, Zone A and Zone B has 3+1 lifts for respectively, while Zone C has 2+1 lifts.

The built-up area of the units are between 650 sq ft and 1009 sq ft, and they are spread from Level 3 to Level 38. Some of these units are dual-key, and duplex units.

The single-block Aster Residence offers a rather long list of facilities on the Ground Floor, Level 1, and Level 2. Some of the facilities include an outdoor par course, rock climbing, half basketball court, futsal court, badminton court, swimming pool, trampoline, family function area, obstacle play, interactive playground, and wading pool with play jets, among others.

In January 2021, the developer completed Level 28.

The single-block Aster Residence offers a rather long list of facilities

Unit Types

Built-Up

Launch Price

Type A

·       650 sq ft

·       2 bedrooms

·       2 bathrooms

·       1 utility area

 

 

 

 

 

 

 

From RM362,000

Type B

·       810 sq ft (dual key)

·       3 bedrooms

·       2 bathrooms

·       1 utility area

·       2 car park (tandem)

Type C & C1

·       953 sq ft & 957 sq ft (dual key)

·       3 bedrooms

·       3 bathrooms

·       1 utility area

·       1 balcony

·       2 car park (side / tandem)

Type D

·       1,009 sq ft (duplex)

·       3 bedrooms

·       3 bathrooms

·       2 car park (side)

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Location

Aster Residence is easily accessible via major roads and highways including Jalan Cheras, Cheras–Kajang Expressway, East–West Link Expressway, and Middle Ring Road 2 (MRR2). Aster Residence sits along Jalan Cheras Hartamas, which serves as the main access road for residents.

The development land is in between Taman Cheras Hartamas and MRT Taman Connaught (SBK26). In fact, Aster Residence has a 56-metre dedicated link bridge to the Taman Connaught MRT station.

The development land is in between Taman Cheras Hartamas and MRT Taman Connaught (SBK26). In fact, Aster Residence has a 56-metre dedicated link bridge to the Taman Connaught MRT station.

This bridge’s access is exclusively for the residents of Aster Residence via a security card at the door on the car park on level G.

From Taman Connaught MRT station, these are the duration it would take to get to stations along the way.

  • Taman Mutiara – 2:08 minutes
  • Taman Midah – 4:28 minutes
  • Taman Pertama – 6:24 minutes
  • Taman Maluri – 9:35 minutes
  • Cochrane – 11:52 minutes
  • TRX – 13:55 minutes
  • Pavilion BB – 16:20 minutes

As Aster Residence is surrounded by established areas, there are multiple amenities available. For shopping and leisure, residents are minutes away to Cheras Sentral Mall, Cheras Leisure Mall, EkoCheras Mall, Lotus Cheras, and Giant Taman Connaught, among others. From Aster Residence Cheras, it would take about 20 minutes’ drive to the KLCC Twin Tower and Mid Valley City.

Accessibility

  •  Jalan Cheras
  • Cheras–Kajang Expressway
  • East–West Link Expressway
  • Middle Ring Road 2 (MRR2)
  • Taman Connaught MRT station: 1-minute walk 
  • Bandar Tasik Selatan transportation hub 

Education

  • USCI: 3.2km
  • SJK (C) Taman Connaught
  • SMK Taman Connaught
  • SJK Taman Segar
  • Cempaka Cheras
  • Federal Institute of Technology (F.I.T.)

Medical Care

  • Pantai Hospital Cheras: 3.4km
  • Hospital Rehabilitasi Cheras

Shopping

  • Cheras Sentral Mall
  • Giant hypermarket
  • Giant Superstore
  • EkoCheras Mall
  • Pasar malam Taman Connaught
  • Cheras Leisure Mall: 2.1km
  • Lotus (Tesco) Extra Cheras
  • IKON Connaught
  • IKEA Cheras
  • Pavilion KL: 10.3km
  • Bandar Malaysia: 10.4km
  • Suria KLCC 11.5km
  • Mid Valley Megamall: 12.4km

Recreation

  • The Challenger Sports Centre
  • Alam Damai Recreation Park
  • Sungai Long Golf & Country Club
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Analysis

Aster Residence is a standalone high-rise transit oriented development. There aren’t any commercial elements or shop lots within the development itself. Some would take this as a good thing, not having to worry about the type of shops or whether the lots will be occupied or not. However, this also means having to drive or walk for their daily needs. The closest mall would be Cheras Sentral Mall.  

Motorists and residents often complain about the traffic congestion in Cheras. At Taman Cheras Hartamas, it’s no different. However, the silver lining for residents is that they have an access road into the neighbourhood from the Cheras-Kajang Expressway.

The development land is in between Taman Cheras Hartamas and MRT Taman Connaught (SBK26). In fact, Aster Residence has a 56-metre dedicated link bridge to the Taman Connaught MRT station.

Here’s a side note, the architect for Aster Residences is CL&O Architects, is the same architect for Sunway Rymba Hills.

Here’s a glance at residential properties in Cheras.

Project

Land Tenure

Property Type

Completion

Built-up

Approximate Launch Price

Aster Residences by Amber Homes Sdn Bhd

Leasehold

Serviced Apartment

2021

650 sq ft – 1,009 sq ft

From RM362,000

You Residences @ You City by PJD Regency Sdn Bhd

Freehold

Serviced Residence

2015

533 sq ft – 1,453 sq ft

From RM412,000

Imperial Residence by Beverly Group

Freehold

Condominium

2015

973 sq ft – 1,457 sq ft

From RM340,000

Maxim Residences by Meridian Maxim Sdn Bhd

Leasehold

Serviced Residence

2017

619 sq ft – 1,082 sq ft

From RM362,700

Green Residence @ Cheras 9th Mile by Binastra Land

Freehold

Condominium

2017

1,127 sq ft – 1,557 sq ft

From RM710,010

EkoCheras by Ekovest Bhd

Freehold

 

Serviced Apartment

2017

596 sq ft – 1,240 sq ft

From RM563,000

V Residence Suites by Sunway Property

Freehold

 

Serviced Apartment

2018

624 sq ft – 888 sq ft

 

From RM805,000

Saville@Cheras by MKH Berhad

Freehold

 

Apartment

2019

1,130 sq ft – 4,670 sq ft

From RM650,000

Emerald Hills by Guocoland (M) Bhd 

Freehold

 

Condominium

2021

840 sq ft – 1,195 sq ft

From RM566,000

 

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Summary

gymAmber Homes is a small developer, and to get a better idea of their capabilities, you may refer to their other projects, which includes Casa Green (serviced apartment)  in Cheras, Casa Green (serviced residence) in Bukit Jalil, Putra Suria Residence (apartment) in Cheras, Seri Puteri Condo in Cheras, and Amber Business Plaza in Cheras.

If you’re interested in a 650 sq ft unit at Aster Residence that’s priced at RM365,000, here are its estimated loan figures.

  • LTV / margin of finance: 90%
  • Down payment (10%): RM36,500
  • Loan amount: RM328,500
  • Loan term: 30 years
  • Interest rate: 3.2%
  • Monthly repayment: RM1,475
  • Approximate required gross annual income: RM57,000*

Want to change the loan figures? Use these calculators:

Can you afford the loan for this property?

To calculate your Debt Service Ratio (DSR), use the FREE PropertyGuru Loan Pre-Approval tool. It has a 99.9% accuracy, which greatly helps in avoiding loan rejections. DSR is a method used by banks in Malaysia to calculate whether you can afford the loan you’re applying for.

* Assumptions: No other monthly debt obligations, and 30% of gross income spent on the home loan. As a rule of thumb, banks usually loan up to 30% of your gross annual income.

 

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Eric Wong

Pavither