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Continue Reading ⋅ 30 January 2023
Kenwingston Avenue is a freehold serviced apartment at Sungai Besi, Kuala Lumpur. The project features 619 units, with 2 to 3 bedrooms. This property is developed by Kenwingston Land Sdn Bhd, a subsidiary of Kenwingston Group. As a construction-based company, Kenwingston made its first foray into property development in 2015 as part of its rationalisation and diversification programme. The projects involved building semi-Ds and bungalows in Pulau Indah and link houses in Salak Tinggi, both in Selangor.
The group has been working on creating synergy between its different divisions. Banking on its experience in construction and property development, Kenwingston ventured into the hospitality sector in 2016. It opened a 50-room budget hotel in Wangsa Maju, Kenwingston Hotel, and will open two more budget hotels by 2020. Today, the construction arm ably supports their property development activities.
So far, the property development arm has developed Kenwingston Platz at KL North, Kenwingston Sky Lofts at Subang, and Kenwingston Square Garden at Cyberjaya. They are aiming at delivering good quality finishing and attention to detail to make Kenwingston Avenue at Sungai Besi a worthy investment for the discerning homeowner or savvy investor.
The low-density Kenwingston Avenue will be surrounded by mature townships including Desa Petaling, Sri Petaling, Bukit Jalil, Kuchai Lama, Old Klang Road and Sungai Besi. It is also close to 5 major highways and a short walk to the upcoming MRT2.
Check out these other projects in Sungai Besi.
The high-rise blocks will stand at 41 floors tall, consisting of:
- Basement: Car park
- Ground floor: Lobby area
- 1st to 7th floor: Podium car park
- 8th floor: Facilities
- 9th to 41st floor: Serviced apartment units
Kenwingston Avenue also offers a diverse set of facilities that includes 3 different pools, a café, greenscaped library and various themed gardens podium garden for residents to enjoy in private.
Address: Jalan Sungai Besi, 58200 Kuala Lumpur
Property Type: Serviced Apartment
Land Title: Commercial
Total Units: 619 units
Tenure: Freehold
Sales Gallery: 21, Jalan Radin Bagus, Sri Petaling, 57100 Kuala Lumpur
GPS Coordinates: 3.082740, 101.700106
Year of Completion: 2022
Built-up Area: 650 sq ft & 850 sq ft
Facilities:
- Swimming Pool
- Wading Pool
- Poolside Deck
- Children Play
- Lawn
- Yoga deck
- Heated pool
- Living deck
- Café
- Gym
- Outdoor gym
- Multi-purpose hall
- Barbeque Area
- Sun lounge
- Garden living area
- Shallow water
- Relaxing zone
- Viewing pocket
- Jacuzzi
- Herbs garden
- Scented garden
- Indoor lounge
- Open pool deck
- Floating deck
- Cantilever deck
- Aqua gym
- Tai Chi yoga deck
- Training classroom
- Giant swing
- Seating area
- Garden library
- Laundry room
- Toilet / Changing Room
Launch Price: From RM368,888
Price Per Sq Ft: From RM565 per sq ft / Average of RM620 per sq ft
Maintenance Fee: From RM0.35 per sq ft
Project Details
Kenwingston Avenue comprises 2 blocks of 41-storey building, with a total of 619 units. There are two build-up sizes – 650 sq ft (Type B) and 850 sq ft (Type A), available in 4 unit types. Each unit comes with its own balcony.
Kenwingston Avenue has easy access to numerous amenities in the vicinity, including shop lots, banks, clinics, restaurants, eateries, police station, petrol stations, and a whole lot more.
Nearby learning institutions include International Medical University, Asia Pacific University (APU), UCSI University, SJKC Salak South, SJKC Tai Thung, SK Salak South, SMK Desa Petaling, and SK Desa Petaling. It is also just a short drive to Pasaraya NSK, The Store, Salak Park Shopping Complex, Pearl Point Shopping Mall, Endah Parade, and Carrefour Sri Petaling.
The list of facilities available at Kenwingston Avenue is indeed long. It lists a total of 33 facilities in its website. As for residents’ peace of mind, Kenwingston Avenue will be secured by 24-hour surveillance, smart card security access, and an intercom system.
The initial promo package offered a booking fee of RM3,000, and early birds were entitled to a low down payment scheme. Do refer to the developer on their latest packages.
|
Unit Types |
Built-Up |
Launch Price |
|
Type A
|
· 850 sq ft · 3 bedrooms · 2 bathrooms |
From RM368,888 |
|
Type B, B2 & B3
|
· 650 sq ft · 2 bedrooms · 2 bathrooms |
Location
Kenwingston Avenue is accessible via Jalan Sungai Besi which is well connected to the Besraya Expressway or Sungai Besi Expressway (SBE), East-West Link Expressway, New Pantai Expressway (NPE) and Kuala Lumpur–Seremban Expressway.
The development has access to a host of conveniences within a 6km radius. There are plenty of options when it comes to shopping, schools or medical care. Plus, the proposed MRT Line 2 will place 2 stations within a 1km radius from Kenwingston Avenue.
Accessibility
- Jalan Sungai Besi
- Besraya Expressway / Sungai Besi Expressway (SBE) – 30m
- Kuala Lumpur-Seremban Highway 60m
- MEX Highway 500m
- Middle Ring Road 2 (MRR2) 1km
- East-West Link Expressway 5km
- New Pantai Expressway (NPE) 5km
- Shah Alam Expressway (KESAS) 5km
- Taman Naga Emas MRT (Line 2) 400m
- Terminal Bersepadu Selatan (TBS) 500m
- Kuchai Lama MRT (Line 2) 900m
Education
- Asia Pacific University (APU) 3km
- Technology Park Malaysia College 4km
- International Medical University 5km
- University of Malaya 5km
- UCSI University 6km
- SK Desa Petaling 7km
- SK Salak South 8km
- SRA & Tadika Islam Kuchai 2km
- SMK Desa Petaling 2km
- SMK Bukit Jalil 6km
- SMK Seri Mulia 6km
Medical Care
- Hospital UKM (HUKM) 3km
- Cheras Rehabilitation Hospital 4km
- Taman Desa Medical Centre 5km
- Hospital University of Malaya 5km
Shopping
- Giant Hypermarket 2km
- NSK Kuchai Lama 3km
- Pearl Suria 3km
- Mid Valley Megamall 5km
- OUG Plaza 5km
- MyTOWN Shopping Centre 6km
- IKEA Cheras 6km
- The Mines Shopping Mall 5km
Recreation
- Desa Waterpark 8km
- Scott Garden 3km
- Bukit Jalil Stadium 3km
Analysis
While the developer is not a big name in property development (yet), they have completed some construction projects that might ring a bell, such as Vue Residence Jalan Pahang, De Centrum Residence Bangi, The Wharf Residences Puchong, Seasons Garden Wangsa Maju, Almyra Residence in Bandar Puteri Bangi, KL Traders Square, and Conexion.
Kenwingston positions itself as being not only a developer, but also the main contractor. It also receives support from other divisions for picking up momentum, following the demand for quality yet affordable housing developments in Malaysia. As a main contractor and developer, Kenwingston Sdn Bhd have five divisions that make up their group’s revenue. The major contributor to their company’s profit is their construction division, followed by their development division.
So perhaps that would give some peace of mind to purchasers who have not heard of the group. They could be getting quality product at affordable price points, and for greater peace of mind, potential purchasers could take a look at the projects that they have developed – Kenwingston Platz at KL North, Kenwingston Sky Lofts at Subang, and Kenwingston Square Garden at Cyberjaya.
Location wise, Kenwingston Avenue has a lot going for it – be it infrastructure, access route, or daily conveniences. Based on the unit sizes and price, this could be a good first-home to get.
Here’s a quick look at high-rise properties in or near Sungai Besi.
|
Project |
Land Tenure |
Unit Type |
Completion |
Built-up |
Approximate Launch Price |
|
Kenwingston Avenue by Kenwingston Group |
Freehold |
Serviced Apartment |
2022 |
650 sq ft & 850 sq ft |
From RM368,888 |
|
The Centrina by Yuk Tung Group |
Freehold |
Condominium |
2016 |
782 sq ft – 1,132 sq ft |
From RM674,000 |
|
The Vyne by Gadang Holdings |
Leasehold |
Condominium |
2017 |
855 sq ft – 1,449 sq ft |
From RM420,000 |
|
Nidoz Residences by Exsim Group |
Leasehold |
Condominium |
2019 |
1,219sq ft & 1,403sq ft
|
From RM609,500 |
|
Trinity Aquata by Trinity Group |
Freehold |
Condominium |
2019 |
839 sq ft – 1,420 sq ft
|
From RM580,000 |
|
Residensi Far East by Far East Kuchai Development |
Leasehold |
Service Residence |
2021 |
657 sq ft –1,107 sq ft
|
From RM451,957
|
Summary
Sungai Besi falls under the KL South area, a location with great accessibility. Based on the proposed MRT Line 2 (Sungai Buloh-Serdang-Putrajaya Line or SSP Line), it is believed that it will provide added value to properties close to the stations and help appreciate properties’ value in the not too distant future. Kenwingston Avenue will be close to 2 MRT Line 2 stations – Taman Naga Emas MRT (400m) and Kuchai Lama MRT (900m).
Some developers have already acquired land banks along this line to build transit oriented developments (TODs). Areas to watch out for include Kwasa Damansara, Kwasa Sentral, Sungai Besi, Bandar Malaysia and Cyberjaya City Centre.
Ho Chin Soon Research opined that Sungai Besi is highly regarded for property development given the government’s plans to rejuvenate the district though its Bandar Malaysia plans, along with its existing status as a transportation hub similar to KL Sentral. Its close proximity to other established and growing townships such as Puchong and Bukit Jalil also adds value to its potential.
If you are interested in a 650 sq ft unit at Sunway Avila that is priced at RM368,888, the monthly repayment would be approximately RM1,643. This is based on a 30-year 90% LTV loan of RM331,999 with an interest rate of 4.3%. The monthly repayment figure is derived from PropertyGuru’s Mortgage Repayment Calculator.
On the other hand, you would need a gross annual income of RM65,500, with no other monthly debt obligations, to be eligible for a loan amounting to approximately RM331,000. This is assuming that you use 30% of your gross income to repay the loan. The annual income figure is derived from PropertyGuru’s Home Loan Eligibility and Affordability Calculator.
