Curvo Residences is the final residential phase of the first integrated development in Setapak, SkyArena.
Continue Reading ⋅ 30 January 2023
Making its presence known in the increasingly bustling city of Petaling Jaya is Atwater, another anticipated project located in Section 13 of Petaling Jaya. Atwater is going to be a leasehold serviced residence of commercial title, that will comprise of two blocks – one 23-storey tower and one 26-tower. Atwater is to be a project of the leading developer Paramount Property, and will be priced from RM500,000 onwards. Buyers will have choices of units sized between 670 sq ft and 1,422 sq ft, and the development is expected to be completed by 2021.
Address: Jalan Universiti, Section 13, 46200 Petaling Jaya, Selangor
Property Type: Serviced Residence
Land Title: Commercial
No of Storeys:
- Lifestyle Tower: 26
- Family Tower: 23
No of Blocks: 2
Total No. of Units: 493
- Lifestyle Tower: 310 units
- Family Tower: 183 units
Tenure: Leasehold
Sales Gallery: Paramount Property Development Sdn Bhd, Lot 94, Jalan Universiti, Seksyen 13, 46200 Petaling Jaya, Selangor
Site GPS Coordinates: 3.117805, 101.632326
No. of Lifts per floor: 4
Expected Date of Completion: 2021
Built-up area: 670 sq ft – 1422 sq ft
Facilities:
- Gym Room
- Badminton Court
- Basketball Court
- X-cercise Station
- Reflexology Path
- Modern Urban Play
- Lap Pool
- Family Pool
- Open Spa Jacuzzi
- BBQ & Seating
- Maze Garden
- Viewing Deck
- Chess Corner
Launch Price: From RM5xx,xxx onwards
Price psf: RM800 per sq ft onwards
Maintenance Fee psf: N/A
Parking Bay/s per Unit: Between 1-3 lots
Project Details
Atwater is designed to be a home that suits all walk of lives. It is a serviced residence situated on Jalan University that has a total of 493 units, housed in 2 blocks named the Lifestyle Tower and the Family Tower. The Lifestyle Tower will stand 26 storeys tall, and the Family Tower 23 storeys. Density in the Family Tower is significantly lower with only 183 units, while the Lifestyle Tower has 310 units.
The development will be leasehold and commercial titled, with units ranging between 670 sq ft and 1,422 sq ft, and touts 4 lifts to a floor. Each unit will get a minimum of one parking lot, while the biggest units will have 3 parking lots. The launch price of Atwater will start from approximately RM800 per sq ft, and is due for completion in the year 2021.
Lifestyle Tower
|
Type |
Built Up, sqft |
Total Unit |
Configuration |
Carpark |
|
A/A1 |
670 |
77 |
2 bedroom |
1 carpark – Level 8-13* |
|
2 carparks – Level 14 – 33 |
||||
|
C/C1 |
703 |
233 |
2 bedroom |
|
|
|
Total |
310 units |
|
|
Family Tower
|
Type |
Built Up, sqft |
Total Unit |
Configuration |
Carpark |
|
E1~4 |
850 |
92 |
2 bedrooms |
2 carparks |
|
F |
1050 |
45 |
2+1 bedrooms |
2 carparks (Level 14 & above will get 3 carparks) |
|
G |
1204 |
23 |
3+1 bedrooms |
3 carparks |
|
H |
1422 |
23 |
3+1 bedrooms |
|
|
|
Total |
183 |
|
|
Atwater is designed to be an integrated mixed development, combining work and fun. It will comprise of office and living space, where the residents can easily access the office via a dedicated elevated link bridge. The parking lots for visitors and residents are placed differently. Visitors to the commercial component will need to head to the basement parking, while residents will have a dedicated entrance through a guardhouse and then to the resident towers’ elevated parking.
Facilities that are only for residents’ usage include the usual gymnasium, swimming pool and barbecue deck. There are also exercise facilities such as the badminton court and basketball court, along with the X-ercise Station that comes with a plethora of exercise machines. There is also the maze gardens for relaxation, as well as a quiet Chess Corner and the Viewing Deck.
Location
Atwater is a very centrally located development in the heart of Petaling Jaya, to be situated close to the Sin Chew Jit Poh office. Because of its location just a turn away from the main trunk road of Jalan Universiti, future residents will be able to access the main trunk roads of Jalan Barat and Jalan Kemajuan as well.
The trunk roads in Petaling Jaya provide convenient access to several major highways, the most travelled one being the Federal Highway about 10 minutes away only. Then there s also the New Klang Valley Expressway and the SPRINT Highway, both of which are also only about 10 minutes away and accessible through the newly cut road behind SS2, or through the town of SS2 as well.
And just across the Damansara-Puchong Highway (LDP) a short distance from home is the newly refurbished first even shopping mall in Kalng Valley – Atria Shopping Centre. In fact, residents of Atwater will have access to a couple more other major shopping malls in the Klang Valley, including the 1 Utama Shoping Centre about 15 minutes away and the Mid Valley Shopping Mall about the same distance away.
The abundance of amenities in Petaling Jaya is one of its biggest selling points. In terms of medical facilities, the University Malaya Specialist Centre is only 10 minutes away, and the Petaling Jaya branch of Columbia Asia Hospital 5 minutes away.
The SS2 hub is one that provides every conceivable form of convenience from banks to fast food joints and cafes, and only down the road in the other direction is another one of Petaling Jaya’s oldest business hubs that houses the local wet market and also the newly refurbished Jaya Shopping Centre. This area offers also fast food centres, more banks, confectionaries and the neighbourhood post office.
With its convenient access to highways, getting from Atwater to Subang Jaya will take only 20 minutes in clear traffic, and Klang sightly further at about 30 minutes. And getting to the Kuala Lumpur city centre takes less than 30 minutes, and the Kuala Lumpur International Airport (KLIA) less than 60 kilometres away.
Analysis
As land for development in Petaling Jaya is getting rarer, prices are getting steeper. Therefore, properties in Petaling Jaya are often more desirable than other places for its value.
Summary
Atwater is deemed to be a decidedly good property for investment, whether for rental or capital appreciation. Buyers of Atwater will be able to rent their units out to the many white-collar workers in Petaling Jaya, while waiting for the property price to appreciate in an area where land for development is getting more scarce.
