Curvo Residences is the final residential phase of the first integrated development in Setapak, SkyArena.
Continue Reading ⋅ 30 January 2023
The Apple in Melaka is a serviced residence developed by PTS Properties, a Bursa Malaysia-listed company now known as Yong Tai Berhad. The firm is also undertaking the 138-acre and RM7 billion integrated project called Impression City in Kota Laksamana, Melaka that faces the Straits of Malacca.
The Apple @ Malacca comprises 361 units housed within a 39-storey tower sited on a 2.93-acre freehold plot with a commercial land title. Buyers can choose from 7 kinds of layouts.
Type A (1,163 sq f) comes with 3 bedrooms and 2 bathrooms. Type B (915 sq ft) features 2 bedrooms and 2 bathrooms. Type C Duplex (residential/1,033 sq ft) comes with 2 bedrooms and 2 bathrooms. Type C Duplex (workspace/1,033 sq ft) features 1 bedroom, 2 bathrooms, and 1 workspace. Type C1 (592 sq ft) comes with 1 bedroom and 1 bathroom. Type D (474 sq ft) features 1 bedroom and 1 bathroom. Type P1 Penthouse (1,894 sq ft) comes with 4 bedrooms, 1 maid’s room, 1 walk-in closet and 4 bathrooms. Finally, Type P1 Penthouse (2,088 sq ft) features 4 bedrooms, 1 maid’s room, 1 walk-in closet and 5 bathrooms. Unit prices range from RM367,000 to RM1.498 million.
The development is expected to be completed by 2018.
Address: Lorong Haji Bachee, Off Jalan Tun Sri Lanang, Kampung Bukit China, 75100 Melaka
Property Type: Serviced Residence
Land Title: Commercial
No of Storeys: 39
No of Blocks: 1
Total Units: 361
Tenure: Freehold
Sales Gallery: Level 6-3, Tower B, Jaya99, 99 Jalan Tun Sri Lanang, 75100 Melaka
Site GPS Coordinates: 2.203199, 102.254769
Expected Date of Completion: 2018
Built-up area: 474 sq ft – 2,088 sq ft
Facilities:
- Infinity covered swimming pool
- Sky garden
- Gymnasium
- Barbecue area
- Kid’s play pool
- Children play area
- Community hall
Launch Price: From RM367,000
Price psf: From RM774 per sq ft
Maintenance Fee psf: N/A
Parking Bay/s per Unit: N/A
Project Details
The Apple offers 361 serviced apartments contained in a 39-storey tower sited on a 2.93-acre freehold plot with a commercial land title. Overall, buyers can select from 7 kinds of configurations.
Type A (1,163 sq f) comes with 3 bedrooms and 2 bathrooms. Type B (915 sq ft) features 2 bedrooms and 2 bathrooms. Type C Duplex (residential/1,033 sq ft) comes with 2 bedrooms and 2 bathrooms. Type C Duplex (workspace/1,033 sq ft) features 1 bedroom, 2 bathrooms, and 1 workspace. Type C1 (592 sq ft) comes with 1 bedroom and 1 bathroom. Type D (474 sq ft) features 1 bedroom and 1 bathroom. Type P1 Penthouse (1,894 sq ft) comes with 4 bedrooms, 1 maid’s room, 1 walk-in closet and 4 bathrooms. Finally, Type P1 Penthouse (2,088 sq ft) features 4 bedrooms, 1 maid’s room, 1 walk-in closet and 5 bathrooms. Unit prices range from RM367,000 to RM1.498 million.
|
Unit Type |
Launch Price |
Built-Up |
No. of Units |
No. of Rooms |
|
A |
RM686,000 – RM742,000 |
1,163 sq ft |
79 |
3R, 2B |
|
B |
RM570,000 – RM626,000 |
915 sq ft |
119 |
2R, 2B |
|
C (Duplex) |
RM688,000 – RM744,000 |
1,033 sq ft |
120 |
2R, 2B |
|
C1 |
RM427,000 |
592 sq ft |
8 |
1R, 1B |
|
D |
RM367,000 – RM379,000 |
474 sq ft |
28 |
1R, 1B |
|
P1 |
RM1,406,000 |
1,894 sq ft |
4 |
4+1R, 4B |
|
P2 |
RM1,498,000 |
2,088 sq ft |
3 |
4+1R, 5B |
The Apple is equipped with many facilities and amenities. These include kids pool, the state’s highest covered infinity pool, sky garden, gym, community hall BBQ area, playground and 4-tiered security system with video intercom. Moreover, the duplexes come with dual keys for easier rental.
Location
The Apple is adjacent to Courtyard by Marriott Melaka, a 4-star deluxe hotel with 284 rooms managed by a well-known American hotelier.
The development’s primary selling point is that it’s just 1 kilometres or a 6-minute car ride to Jonker Street, one of the most-visited places in the historic Malacca City. Aside from housing famed eateries like Kedai Kopi Chung Wah and Eleven Bistro & Restaurant, which is respectively known for its chicken rice balls and sambal crabs, there’s also a night market on Jonker Street every Friday and Saturday that attracts throngs of tourists due to the tasty snacks and affordable trinkets sold there.
In addition, Melaka’s top tourist attractions are just within the vicinity of Jonker Street. These include the Stadthuys museum, Christ Church Malacca, A’Famosa Fort, St. Paul’s Church, Melaka Sultanate Palace Museum, Maritime Museum, Cheng Ho Cultural Museum and Baba Nyonya Heritage Museum.
St Peter’s Church is also a 250m-walk, while Masjid Al-zim is a 6-minute car ride. However, travelling to Zoo Melaka, Air Keroh Golf and Country Club as well the recreational forest Hutan Rekreasi takes between 23 and 27 minutes.
Moreover, the Apple is near several malls. You only need to walk 400 metres to reach Jaya 99, which consists of a 7-storey retail podium along with 9-storey and 10-storey office towers. The Ramada Plaza is a 450-metre walk away, while AEON Bandaraya Melaka is 9 minutes by car.
The development is also close to healthcare facilities, with the Putra Specialist Hospital just 280 metres away. On the other hand, Hospital Melaka and Pantai Hospital Ayer Keroh are 9 and 14 minutes by car.
Finding a school is also not hard as there are many schools within a 1 kilometer radius of Apple. These include SMK Tinggi Melaka, Open University Malaysia (Melaka Learning Centre), Sjk(C) Pay Teck, SJK (C) Yok Bin, Pay Fong Middle School Malacca, Giatmara Kota Melaka, SK (P) Durian Daun and SJK (C) PAY FONG (3).
Starting from the Apple, you can take Jalan Puteri Hang Lipoh, then go to Jalan Bukit Baru and Lebuh Ayer Keroh to reach the North–South Expressway. Thereafter, you can reach Negeri Sembilan, Nilai, Sri Kembangan and finally the Kuala Lumpur City Centre (KLCC). Overall, it takes about 2hrs to travel from the Apple to the heart of the capital.
Furthermore, the Melaka station for the delayed Singapore-Kuala Lumpur High Speed Rail (HSR) is located in Ayer Keroh, which is about 10.2 kilometers or a 21-minute car ride from the Apple.
Analysis
We compared the Apple with a similar project in the vicinity, namely The Shore Hotel and Residences, which is located 1 kilometer away in Pinggiran @Sungai Melaka, Jalan Persisiran Bunga Ray.
First, the Apple is being undertaken by a company that has received strong financial support from firms in China, while the Shore was developed by Bursa Malaysia-Listed Kerjaya Prospek Group, which is formerly known as Fututech Berhad.
Their prices are nearly similar. While units at the Apple are slightly more expensive, it has the advantage of being newer and having a lower density. Hence, if you want less maintenance issues that are usually faced by older properties, choose The Apple @ Malacca.
|
Project |
Completion Date |
Tenure |
Price |
Psf Price |
Sizes |
# of Units |
|
The Apple |
2018 |
freehold |
RM367,000 – RM1,498,000 |
From RM774 |
474 – 2,088 sq ft |
361 |
|
The Shore |
2014 |
freehold |
RM360,000 – RM1,115,000* |
From RM609 |
435 – 1,356 sq ft |
746 |
*Advertised price on PropertyGuru MY
Summary
While there are some people who are pessimistic on the tourism outlook of Melaka, tourist arrivals in the state reached a new record of 16.79 million in 2017 compared to 16.28 million in 2016, said former chief minister Datuk Seri Idris Haron in January 2018.
He also announced back then that Malacca was chosen as The World’s 5th Trendiest Holiday Destination” by The British Post.
As such, we believe the Apple has a bright outlook as an investment property for rental or selling later given its proximity to the state’s iconic Jonker Street.
The project is also being developed by a Chinese firm backed by a huge amount of money. In fact, it is undertaking the RM7 billion Impression City in Kota Laksamana, which shows that the company is truly optimistic on the future of Melaka. Otherwise, it won’t be investing on such a massive development.
In addition, the Apple is within walking distance to malls, hospitals and schools, meaning it is also suitable for own occupation and for raising a family.
