Idaman Residence is a luxury freehold condominium located right in the heart of Kuala Lumpur, at Jalan P. Ramlee.
Continue Reading ⋅ 19 February 2022
Ivory Signature Suites is a new and upcoming project that is set to change the skylines of SS2. It is a project of Ivory Panorama Sdn Bhd, and is to be a serviced apartment of freehold title that sits of commercial titled land. It will be a relatively low rise at 25 storey, housing a total of 281 units within a single tower. The sizes of this development will start from 922 sq ft, and carry a launch price of RM708,000. The estimated completion date of Ivory Signature Suites is slated for the year 2022.
Address: Jalan SS 2/72 SS2, 46300 Petaling Jaya, Selangor
Property Type: Serviced apartment
Land Title: Freehold
No of Storeys: 25
No of Blocks: 1
Total Units: 281
Tenure: Commercial
Sales Gallery: No. 44, Jalan SS2/55 47301 Petaling Jaya , Selangor
Site GPS Coordinates: 3.120696, 101.626838
Expected Date of Completion: 2022
Built-up area: From 922 sq ft
Facilities:
- Swimming pool
- Kitchenette
- Gymnasium
- Conference room
- Viewing deck
- Rooftop restaurant
- Barbecue deck
- Meeting room
- Rooftop garden
- Leisure area
Launch Price: From RM708,000
Price psf: From RM767 per sq ft
Maintenance Fee psf: RM0.40 per sq ft
Parking Bay/s per Unit: N/A
Project Details
Ivory Signature Suites will encompass only 1.15 acres of land, a relatively small parcel of land for a serviced apartment. While commercial titled, the value of the land lies in the fact that it is freehold titled. There will be only 1 block of 25 storeys to this development, hence the density is on the lower side with a total of only 281 units.
Ivory Signature Suites is a development with a very interesting concept, as every unit in this development will be a dual key unit. Type A is the smallest at 747 + 175 sq ft, followed by Type B that is 788 + 221 sq ft. Type D is the third largest unit at 845 + 239 sq ft, and Type C is the largest at 996 + 280 sq ft.
|
Type |
Built Up |
|
A (Dual Key) |
747 + 175 sq ft |
|
B (Dual Key) |
788 + 221 sq ft |
|
C (Dual Key) |
996 + 280 sq ft |
|
D (Dual Key) |
845 + 239 sq ft |
In as limited as the space is at Ivory Signature suites, the number of facilities offered is also on the lower side. There will be a total of only 10 facilities, including a swimming pool, gymnasium, conference room, rooftop restaurant, meeting room, barbecue deck, rooftop garden and a kitchenette. As the density of living here is low, the maintenance fee for these few facilities is slightly on the higher side at RM0.40 per sq ft.
The starting launch price for Ivory Signature Suites is RM708,000, and it is estimated to be completed by the year 2022.
Location
Ivory Signature Suites is a development which the site was carefully selected for its central location in the heart of Petaling Jaya. It enjoys direct access to the New Klang Valley Expressway (NKVE) via the newly cut roads, which the highway is also connected to the Damansara-Puchong Highway (LDP). Other highways that are within a short drive of the development is the Federal Highway.
As these are some of the more major highways in the Klang Valley, they are well connected to the other major suburbs of the city. Getting to Bandar Sunway through the NKVE takes motorists not more than 15 minutes, and getting to Kelana Jaya no more than 10 minutes. The Kuala Lumpur city centre is also not far at all at about 20 minutes, as are Bangsar and TTDI.
Getting public transportation from SS2 is also easy as the newly opened Phileo Damansara MRT station is only about 10 minutes away, complimented by the many RapidKL bus stops in SS2 where the MRT shuttle busses pass through.
These are however all ways of getting out of SS2, a very self-sufficient area that doesn’t require residents to travel out for anything. Within 5 minutes of Ivory Signature Suites is the commercial hub of SS2, which hosts a morning market daily, drawing customers from all over Petaling Jaya. And within this square is also a newly upgraded public basketball court.
Surrounding the square is every sort of amenity imaginable available. There is a McDonald and KFC outlet for fast food choices, many bakeries, and a couple of Chinese coffee shops. There are also many western and Asian cafes here that open until late night, hardware shops, mamak shops and even a VR Lab for entertainment. And every Monday night there is a night market, and running through the middle of the square is a covered street food area that opens daily.
There are even petrol stations in this enclave, as well as police station, fruit shops, and even a popular karaoke outlet. And another thing the area is popular for is its durian shops, something that is unique to SS2 in the Klang Valley, which draws visitors from all over the Klang Valley.
Check Out Other Developments in SS2
Analysis
Ivory Signature Suites is deemed to be a reasonably priced development, especially when compared to other similar developments nearby.
|
Name of Development |
Land Tenure |
Property Type |
Built-up |
No. of Units |
MaintenanceFee (psf) |
Approximate Price (psf) |
|
Ivory Signature Suites, SS2 |
Freehold |
Serviced Apartment |
922 sq ft – 1,276 sq ft |
281 |
RM0.40 psf |
Starts from RM767 |
|
Boulevard 51, SS9, Petaling Jaya |
Leasehold |
Flexi Studios / Shops |
438 sq ft – 2,098 sq ft |
506 |
RM0.30 psf |
Starts from RM700 |
|
The Hub SOVO Suites, SS2 |
Freehold |
SOVO Suites / Retail Offices |
517 sq ft – 1,313 sq ft |
276 |
RM0.40 psf + 10% sinking fund |
RM900 – RM1,000 psf |
Summary
Ivory Signature Suites is a project that has not won the interest of the general public, with most of the interested buyers being apprehensive about the project being located opposite the shutdown SS2 Mall. This development has apparently been in the pipelines for a while already, and is just making its debut. Not taking into account its history however, Ivory Signature Suites is indeed an enticing development to home buyers for its central location.
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