Icon Residenz, SS8, Petaling Jaya

  • Arul
  • 21 December 2015

   Icon Residenz 001An alluring vantage view from the sky pool in Icon Residenz

 

There’s a reason why Icon Residence is called the “Icon Residenz”. Towering at over 40 storeys high, this sky piercing residence is set to become the pinnacle of Petaling Jaya’s grandeur. It also forms a part of Icon City, a colossal integrated project that sprawls over 19.6 acres of leasehold land. For your information, acquiring that piece of land, which used to house Panasonic’s air conditioning plant, was not cheap as Mah Sing Group Bhd (its developer) had to fork out a considerable amount of RM89 million or RM104 psf for it. Nevertheless, it was a savvy move as they believe that the project will generate at least a Gross Development Value (GDV) of RM3 billion for them. And how this profit will materialize is through the sales of its dual service apartments and SoVos towers, 30 units of shop offices dubbed the 30 Jewels, 46 units of retail shops and a block of boutique office towers. In addition, there will also be a hotel, retail mall and corporate office towers complementing those developments in the later phases. But what really makes this project worth the big bucks is that it possesses a sustainable development that is fully certified by Malaysia’s Green Building Index (MBI), Singapore’s Green Mark and USAGBC Leadership in Energy & Environmental Design (LEED). If you factor in its prime location as well, you will definitely agree that only an “iconic” name is befitting for this magnificent project.

 

Developers Details

Icon Residenz 002Mahsing’s M Residence Project in Rawang

 

For a mammoth project like this, there are not many developers that are qualified and ambitious enough to take in on. Not, Mah Sing Group Bhd, one of the leading property developers in the country with over 20 years’ track record of delivering prime residential, retail, commercial and industrial projects. According to them, they have always strongly believed in the co-existence and harmony between their buyers, the environment and the community surrounding their projects. Thus, by looking at the future potential of SS8, it was no brainer for them to start their massive Icon City project over there. Moving forward, Mahsing also promises to deliver more projects that cater to a diverse range of market segments, from affordable homes to luxurious ones. A trustworthy and award winning property developer, expect Icon Residenz to be the pride and joy of Sungei Way and PJ.

 Icon Residenz 003
Previous Projects: One Lagenda, Icon Residence, M Suites, Star Avenue, StarParc Point

Notable / Current Projects: Southville City, M City, Lakeville Residences, D’Sara Sentral, Icon City, M Residence 2, The Loft @ Southbay City, The Meridin, Sutera Avenue

Past Achievements & Awards: Asia Best COS 2014 Lores, Asia Pacific Property Awards (APPA) Best high rise architecture for M-City, Asia HRD Awards 2014, Asia Responsible Entrepreneur Awards 2014- South East Asia for investing in people, BCI Asia and the Top 10 developer award 2014

 

Project Details

Icon Residenz 004A grand concept of Icon City and Icon Residenz

QuickPro No : PL-4840
Address : SS8, Petaling Jaya
Property Type : Serviced Apartments, SoVo, Shop offices, retail mall, hotel,
  central park, office towers
Land Title : Commercial
Tenure : Leasehold
Bumi Discounts : 7 – 10%
Sales Gallery : Icon City Show Gallery, SS8, Petaling Jaya
Website : http://www.icon-city.com.my
Expected Completion Date : 2016
Total Units : 569 serviced apartments, 30 shop offices
Built-up Area : 19.6 acres
Listing Price : RM570,000 – RM2,106,000
Price per Sq.Ft. : RM1,000 per sq.ft.
Maintenance Fee : RM0.44 per sq.ft.
Parking Bay per Unit : 1 – 2 units

 

Facilities & Amenities:

  • cantilevered sky pools
  • multipurpose outdoor function terrace
  • reading lounge
  • gymnasium
  • games room
  • children’s playground
  • landscaped rooftop garden
  • foot reflexology path
  • BBQ and picnic terrace
  • automated waste system

Special Features:

  • crystalline architecture
  • high ceiling
  • quality furnishings provided
  • green & sustainable development certified by MBI
  • Green Mark and LEED
  • state-of-the-art façade
  • strategic location in SS8
  • great accessibility with public transportations nearby

 

Development Type:

  • Parcel A: Serviced Apartments
  • Parcel B: SoVo
  • Parcel C: Serviced Apartments
  • Parcel D: SoVo
  • Parcel E: Gourmet Street & Central Park Shops
  • Parcel F: Lifestyle Shop Offices
  • Parcel G: Boutique Office
  • Parcel H: Retail Mall
  • Parcel I: Hotel

 

Unit Type:

  • Type B1 (675 sf)
  • Type B1a (708 sf)
  • Type B2 (813 sf)
  • Type B3 (717 sf)
  • Type B4 (922 sf)
  • Type C1 (965 sf)
  • Type C2 (992 sf)
  • Type C3 (992 sf)
  • Type D1 (717 sf)
  • Type D2 (1,265 sf)
  • Type E (1,405 sf)

Project Details

Icon Residenz 012The progress of Icon City & Icon Residenz so far

 

As you can see from above, Icon City’s voguish shop offices and SoVo towers have begun to materialize and take shape. In fact, the first block of its residential towers has already been launched back in 2012 and is showcasing its à la mode façade, if you notice the picture below. Truly an impressive sight to behold, it is exciting to hear that the phase 1 of the project (consisting serviced apartments, SoVos, lifestyle shop offices, Gourmet Street and Central Park offices) will be fully functional in the third quarter of 2016.

 

 

Icon Residenz 013Icon Residenz’s modern and contemporary façade

 

Icon Residenz 014The master plan of Icon City

 

Phase 2, on the other hand, will be developed later and will comprise of a SoHo tower, a corporate office, a boutique office and a hotel. In addition, there’s going to be a shopping mall, with a built up area of 1 million sf, constructed in this gargantuan project. Once completed, Mah Sing says that it could rival the size and success of Mid Valley’s Mega Mall.

A project or residential property will not be worth the price if there’s nothing joyful or fancy about it. Not Icon Residenz though, as it comes with a premium set of facilities and amenities to ensure that you live in both style and comfort. This includes a 5 acres man made central park, a fully equipped gymnasium, cantilevered sky pools and a gourmet street with an alfresco dining concept. Besides, it also incorporates a multipurpose outdoor function terrace, reading lounge, games room, children’s playground, landscaped rooftop garden, leisure & wading pool, reflexology path, BBQ & picnic terrace and an automated waste system. But what really makes this residence safe to live in is the adequateness of its security systems. Featuring multiple layers of protection that includes audio intercoms, you will definitely find a peace of mind staying or working here.

 

Icon Residenz 015 Icon Residenz 016 Icon Residenz 017

Of course, there will be a great price to pay if you were to enjoy such great pleasures. Initially touted to be at a jaw-dropping cost of RM0.50 psf, its maintenance fees were in actual fact, only charged at RM0.44 psf (including sinking fees). Still a hefty sum to begin with, especially if you factor in the commercial rated utility bills and Goods & Service Tax (GST) for its SoVo suites as well. Nevertheless, you should understand that a premium living experience in this area would never be that cheap. Hence, if you really can’t afford it, don’t even think about it.

 

Icon Residenz

 

Icon Residenz 018 Icon Residenz 019 Icon Residenz 020 Icon Residenz 021

If you afford it though, you will be certainly impressed by its refined interiors. Also dubbed the Creative Tower, Icon Residenz 2 is the second series of its dual residential towers project.

And in this majestic ivory tower, you will be given a complete set of bathroom cabinet, mirror, shower screen and vanity top, as shown in the picture beside.

Additionally, a fully built in kitchen cabinet with hood & hob, 2-in-1 washing machine and a refrigerator will also be presented to you when purchase one of its residential units.

Quite a generous offering I would say, if you include the free air-conditioners, built in wardrobes and high quality cabinets as well.

 

I-SoVo

 

Icon Residenz 022A grand appearance of its SoVo suites

 

Icon Residenz 023The upper floor of its SoVo duplex suite

 

Icon Residenz 024

While it has a trend setting residential adobe, its SoVo units are not in any way inferior either. They are classy yet versatile, and comes with a readily available high speed broadband infrastructure and a proposed business centre with video conference facilities, ensuring that you find both style and practicality hand-in-hand.

However, all work and no play will make Jack a very dull boy. Hence, the SoVo suites are also accompanied by a sky garden and an executive club with lounge, gym, Jacuzzi and sauna so that you not only work hard, but play hard too.

What’s more, they have been specially designed to feature a high ceiling (11-23 ft tall) so that a greater sense of spaciousness could be created. In this regard, you are definitely getting a premium and versatile office, if you don’t mind the price.

 

Floor Plan

Icon Residenz 025

For its residential units and i-SoVos, there are 4 major layouts available- Type B, C, D and E. Starting with Type B, it is the smallest unit with built up area ranging from 675 sf – 922 sf. It is further divided into 5 different categories and they are Type B1, B1a, B2, B3 and B4. The first three come with 2 bedrooms and 1 bathroom while the other two have an additional master bathroom. In addition, Type B4 also receives an additional carpark. Meanwhile, the Type C lots have 3 different types and sizes ranging from 965 sf- 992 sf. However, each of them is quite similarly designed and consists of 3 bedrooms, 2 bathrooms and 2 carparks.

Type D, on the other hand, would be its dual key unit and there’s only 2 further sub-designs; Type D1 (717 sf) and Type D2 (1,265 sf). Type D1 has 2 pantries, bedrooms and bathrooms, and there’s no living hall or common area for this unit. Unlike Type D1, Type D2 consists of 2 living halls, a yard and a master bedroom. It also comes with an additional carpark.

Its final plan would be Type E. It is the largest unit with a built up area of 1,405 sf and probably the only unit left selling. According to the sales agent, all of its other units have been fully sold out or already unavailable. Regardless, Type E boasts 3 bedrooms, 2 bathrooms, 2 carparks, a kitchen and a yard.

Show More

Location

Icon Residenz 005

If you are a Malaysian citizen, your number one neighbourhood to live in this country would probably be Kelana Jaya. It’s modern yet it’s nothing like KL, while it’s equally peaceful as well despite hosting a vibrant community. A town that used to sit on a former rubber estate for the British Empire, Kelana Jaya has grown tremendously over the years and is ready to transcend into a major metropolitan that would propel PJ into a greater height. And at the epicentre of that transformation would be Mah Sing’s Icon City and Icon Residences, which occupies a spot within the area in SS8.

Icon Residenz 006Driving to Icon Residenz through the LDP Highway

 

Located at the intersection between LDP and Federal highway, Icon Residences boasts an extremely strategic position that is easily accessible from KL, Damansara, Sunway, Subang, Shah Alam, Klang or Puchong. So, no matter which part of Klang Valley you are coming from, you will encounter no difficulties in getting into Icon Residenz with major highways such as LDP, Federal Highway, NKVE, Sprint Highway, Kerinchi Link and NPE.

Traffic jam would be a problem though, as Federal Highway and LDP are notoriously well known for their abysmal traffic conditions. Also, Icon Residenz is not within walking distance to any of the train terminals. Thus, it would not be as convenient as those newly launched projects adjacent to the MRT stations. Nonetheless, there should be RAPID and free shuttle buses that would take you to the nearest train station, which is the Kelana Jaya LRT Station. In addition, there’s also the Setia Jaya KTM station nearby and a newly proposed LRT Station in SS7.

Icon Residenz 007The Kelana Jaya LRT Terminal in plain sight

 

Meanwhile, there’s a bunch of retail outlets, hawker stalls, mamaks, restaurants and shoplots in the Kelana Jaya neighbourhood. The quality of food is excellent here, apart from being cheap as well. Some of places you should visit are Hup Soon Restaurant (SS3), Syed Bistro (SS6), Secret of Lusiana (SS7) and Restaurant Nasi Lemak Cikgu (SS5). And if you drive deeper into Sungei Way, you can also find its wet market and the famous Ah Sang Bak Kut Teh.

Icon Residenz 008Vibrant shop lots and hawker stalls around the SS3 neighbourhood

 

Icon Residenz 009PJ 21 houses many interesting retail outlets as well such as a 24hours gym and Subway joint.

That being said, this place is also a haven for shopping with a plethora of shopping malls and hypermarkets in every direction. Just minutes’ drive away from Icon City & Icon Residenz, you will find the Giant Hypermarket and WCT’s Paradigm Mall in Kelana Jaya. The newly opened Atria Shopping Gallery is also in close proximity, with just a 15 minutes’ drive to the north in Damansara Jaya. Alternatively, if they are not your preferred cup of tea, you may even drive south to Subang Jaya or Bandar Sunway. The opportunity for you to shop and dine here is truly abundance, hence, making it one of the most comfortable and convenient places to stay in Petaling Jaya.

Icon Residenz 010From above: Kelana Jaya’s Giant Hypermarket and WCT’s Paradigm Mall and Office Towers

 

Icon Residenz 011

Show More

Analysis

Pricing

Name Developer Tenure / Land Title Price per Sq.Ft. Maintenance Fee per Sq.Ft. Car Pak Bays
Icon Residenz 2 Mah Sing
Leasehold / Commercial RM1,000
RM0.44 (sen)
1 – 2
Azure Residence WCT
Leasehold / Residential RM1,000
RM0.55 (sen)
2
Highpark Suites Gamuda
Freehold / Commercial RM950
RM0.52 – RM0.55 (sen)
1

 

RM1k psf seems to be the benchmark to live luxuriously in the Kelana Jaya / Petaling Jaya vicinity. While I do admit that the land are getting scarce in these areas, but is justifiable for these developments to command such absurd price tags when the property market is still so soft? The answer is a resounding yes because the demand for these lavish projects has been superb. In fact, most of the units in these 3 projects have already been fully sold or booked. Thus, whether you plan to stay or to invest, Icon City & Icon Residenz will be a shrewd purchase.

Final Analysis

 

Icon Residenz 026 Overall view of Icon City & Icon Residenz

 

Impressive? Grand? Or maybe Magnificent? Icon Residenz fits perfectly in any of those bills except for a disappointment. Bearing a crystalline architecture and a sophisticated façade, expect only the most premium living experience in this prestigious and green development. Besides, it also sits on one of the most strategic and exclusive land in Petaling Jaya, so, there’s really no reason for you to doubt the soundness of its location. Perhaps the only problem you should be concerned is its steep price. In this regard, are you willing to fork out RM1,000 psf to stay in this prime but not so picturesque estate? If you don’t mind the awful looking surrounding factories, aged terrace houses and low cost flats, then by all means, go ahead and get yourself a unit or two. But honestly, I don’t think public is ready to embrace such outrageous property prices in SS8 / Kelana Jaya, yet. Nonetheless, I could be badly mistaken though, as RM1,000 psf might seems to be a fair market price due to the scarcity of the land there.

The horrendous looking Bintang Flats just opposite of Icon Residenz.

Show More

Summary

Icon Residenz is a truly a beautiful and stylish place to stay in. Add in the conveniences available in Kelana Jaya/ Sungei Way and great accessibility from LDP / Federal highway, you will find it worth every penny you pay. However, one big question remains, are you willing to fork out that much to buy a gem that’s in a rough neighbourhood?

Show More
Eric Wong

Arul

Feedback