Parkhill Residence, Bukit Jalil

  • Michael Mendez
  • 7 November 2015

1PARKHILL  Intro 1

Parkhill Residence is a residential development built over a rolling 13-acre parcel close to the Technology Park/Astro end of the Bukit Jalil highway.  There are in total four condominium towers built on 5.65 acres out of the 13-acre site but only two of the towers (Blocks C and D) with a total of 1,062 residential units are open to the public. Blocks A and B are PPA1M residences under the 1 Malaysia affordable housing scheme for civil servants.

 

Check out more developments around Bukit Jalil:

 

Project Name: Parkhill Residence

Address:  Technology Park Malaysia, Lebuhraya Puchong-Sungai Besi, Bukit Jalil, 57000, Kuala Lumpur

Developer:  Aset Kayamas Sdn Bhd (929423-V)

Developer’s Address: 3rd Floor, Wisma Gergaz, Lot 45182, Sungai Penchala, Off Jalan Damansra, 60000 Kuala Lumpur Tel: 03-7727-3366

Event /Show Room/Sales Gallery  (Open daily 9am – 6pm): G-01, Block D, Gr Floor, Street Mall One South, Jalan O5, Taman Serdang Perdana Seksyen 6, 43300 Seri Kembangan, Selangor

Tel: 03-8959-8660  Email: info@asetkayamas.com  Website: www.parkhill.com.my

Property Type: Condominium

Land Title: Residential

Tenure: Leasehold

Land Area: 5.65 acres (condo alone)

No of Towers: 2

No of Storeys: 45

No of Units per Tower: 531

No of Units in Total: 1,062 units

Unit Types and Built Up: Only 2 types available

  • Type D: 1,100sq ft (3R2B)
  • Type E:  1,300sq ft (4R2B)

Units Per Floor and No of Lifts: 14 units per floor, served by 7 lifts

Parking Bays: 2 or 3 for each unit (depending on unit chosen), 6 floors carparking + 170 bays for visitors

Price per sq ft: average RM500++

Listing Price: From RM555K – RM680K

Discounts and Rebates: 8% or 9% (depending on unit chosen) + 5% Bumi discount

Maintenance Fee: RM0.27psf

Expected TOP: Q2 2019

Unique Selling Points:

  • First Rate Accessibility due to: 1) LRT Station 400m away – the existing Bukit Jalil Station 2) MRT SSP Line Station to be constructed at Technology Park, close to Parkhill Residence in 2022 3) Connected to 7 major highways: Bukit Jalil Highway, LDP, MEX , MRR2, KESAS, North-South Expressway, KL-Seremban Highway
  • First Rate Rental Demand due to: 1) Asia Pacific University (APU) new campus 200m away 2) FTMS College, TPM College, International Medical University (IMU) and APIIT  − all about 1km away 3) Workforce influx from new shopping malls of Pavilion Bukit Jalil City, Paradigm Mall, The Link 2 etc 3) MARA’s upcoming Edu-Biz Park
  • First Rate Shopping, Leisure, Recreational and Sporting Amenities: Pavilion Bukit Jalil City, Paradigm Mall Bukit Jalil/Bukit OUG, The Link 2 Bukit Jalil, Giant Hypermart Kinrara, Bukit Jalil Golf & Country Resort, Kinrara Golf & Country Resort, Bukit Jalil Recreational Club and Bukit Jalil Stadium
  • Luxury units with 29 highend condo Facilities and 3-tier Security
  • Lowest price psf among all other developments in Bukit Jalil
  • High Ceilings of 10ft
  • L-Shaped Balconies for panoramic views from two perspectives
  • 2 or 3 free car park bays per unit depending on unit chosen
  • 6 levels of car parking space + 170 parking bays for visitors

Facilities: (Laid out over 1 acre on Level 7)

  • Putting Green
  • Yoga and Pilates Deck
  • Reflexology Path
  • Reflective Pond
  • Reading Pavilion
  • Hanging Sky Deck
  • BBQ Pit
  • Shade Structure
  • Jigsaw Maze Garden
  • Jacuzzi Pavilion
  • Floating Pavilion
  • Horizon Infinity Pool
  • Lazy Pool
  • Wading Pool & Water Spout
  • Children’s Playground
  • Herbs Garden
  • Interactive Sculpture Garden
  • MultiPurpose Hall
  • Mini Futsal Court
  • Badminton Court
  • Floating Gymnasium
  • Male/Female Sauna
  • Changing Room/Washroom
  • Management Office
  • Male/Female Surau
  • Games Room (Table Tennis)
  • Function Hall
  • 24/7 Security
  • CCTV

Amenities:

  • Primary and Secondary Schools: Bukit Jalil Sports School, SK Bukit Jalil, SMK Bukit Jalil, SJK (Chinese) Lai Meng and Tadika Lai Meng Bukit Jalil, Many other National and national-type as well as religious schools in neighbouring Kinrara and OUG
  • Tertiary Educational Institutions: *Asia Pacific University of Technology & Innovation (APU) new campus at Technology Park; FTMS GlobalCollege; Technology Park Malaysia College; International Medical University (IMU); Asia Pacific Institute of Information Technology (Apiit)

*All clustered around Parkhill within 1km 1.5km radius

  • Hospitals & Medical Centres: Taman Desa Medical Centre (11.6km away); Sunway Medical Centre (12.4km away); Columbia Asia Medical Centre, Puchong (13.7 away); Pantai Hospital Kuala Lumpur (15.3 away); University Malaya Medical Centre (15.6km away); General Hospital Kuala Lumpur (20.5km away);
  • Within Multi-Media Super Corridor of listed MSC Status Companies: Maxis, ASTRO, MIMOS Berhad, IRIS Corporation Berhad, Jaring Communications Sdn Bhd, Sungai Besi, Scope International
  • Shopping & Entertainment Centres: Pavilion 2 Bukit Jalil City, Paradigm Mall Bkt Jalil/OUG, The Link 2 Bukit Jalil, Giant Hypermart Kinrara, IOI Mall Puchong, Endah Parade Sri Petaling and many others
  • Road and Rail/Public Transport Infrastructure: LRT, MRT, 7 linkages to other highways

Project Details

1Parkhill Project

Pic from Parkhill official website

 

A view of Towers C and D only as only C and D are open for sale

A view of Towers C and D only as only C and D are open for sale

A longitudinal view from the front and back, showing the location of Sungai Kuyoh, the private access roads for residents and the location of the existing LRT line

A longitudinal view from the front and back, showing the location of Sungai Kuyoh, the private access roads for residents and the location of the existing LRT line. Left and Right: The full-sized 3D model of Towers A and B have been taken down to allow potential buyers to have a better understanding of the project they may be buying into

Yet another view of Parkhill. Left: The actual location and distance of the Bukit Jalil LRT Station and the walkway which will be built. Right: A view of the facilities of Towers C and D

Yet another view of Parkhill. Left: The actual location and distance of the Bukit Jalil LRT Station and the walkway which will be built. Right: A view of the facilities of Towers C and D

The hall of the  Showroom's Type E unit

The hall of the Showroom’s Type E unit

The master bedroom of Type E: Great breathing room allowed

The master bedroom of Type E: Great breathing room allowed

Another view of the master bedroom with the wardrobe shown on the side

Another view of the master bedroom with the wardrobe shown on the side. Note the large windows and lower glass planes that allow for panoramic views of the world below you

“Wow, this room is so spacious!” exclaimed a customer/visitor in the showroom. Looking totally awed with the decor, she wondered out loud: “Is this the master bedroom?”

She was standing in the second bedroom actually.

“If you think this is spacious, you should see the real master bedroom over here,” directed the showroom sales personnel.

She quickly walked over, casting longing glances at the room she was leaving.

“Oh my!” she exclaimed again once inside the master bedroom. “This is really, really spacious,” she gushed, marvelling at the legroom, elbow room and 10ft ceiling height, despite being in a fully but cosily furnished bedroom with all the accouterments. There was space for everything and then some with wide window views to the world outside. She noted the room allowed the flow of “Chi” (fresh, flowing air and sunshine, according to Feng Shui principles) and seemed pleased with what she saw.

The other 2 bedrooms Left and Right. Centre: The large Utility room (the 1 of the 3+1 of this unit type) which has been converted into a study

The other 2 bedrooms Left and Right. Centre: The large Utility room (the 1 of the 3+1 of this unit type) which has been converted into a study

None of the furnishings will be given though, reminded the sales consultant, but added that the fully-fitted bathroom along with all the ceiling-height tiles will be given.

The bathroom, especially the master bathroom, was spacious too but laid out to be functional with just the right use of contrast tiles to offset the monotony of the main ceramic tiles.

Right: The master bathroom which is spacious, tastefully designed and functional. Left: The middle or second bath

Right: The master bathroom which is spacious, tastefully designed and functional. Left: The middle or second bath

All the bedrooms feature laminated timber flooring. Laminated floorings are long lasting, and waterproof. The living, dining and kitchen tiles are porcelain tiles.

In the kitchen, only the sink along with 1,500mm height ceramic tiles will be given.

Left: The Yard. The line observed there is to denote a void or empty spacing. It will not be closed up like this as this is only a showroom unit and not the actual unit. Centre: The kitchen. Right: The corridor

Left: The Yard. The line observed there is to denote a void or empty spacing. It will not be closed up like this as this is only a showroom unit and not the actual unit. Centre: The kitchen. Right: The corridor

Only Towers C and D are for sale to the public, there will be no more further launches on this project after this (as Towers A and B are PPA1M units for civil servants).

Very special Balconies! They are L-shaped. Type E units sport this added piece of luxury.

Very special Balconies! They are L-shaped. Type E units sport this added piece of luxury.

There are two layout types: Type D at 1,100sq ft with three bedrooms and normal shaped balconies, and Type E at 1,300sq ft with 3+1 rooms and the unique L-shaped balconies for a generous vista across the Bukit Jalil skyline from two different perspectives. One at 0° and the other around the bend at 90°. Have a look at the Balcony picture above and the layouts below.

1Parkhill Type D Units full

The slightly smaller unit also with 3 rooms

1Parkhill Type E florr plan full

This is the unit in the showroom. Type E actually has 4 rooms if you want to count in the utility room (which can be used as a storeroom/study or bedroom)

Facilities

There are 29 facilities laid out over one full acre (1 acre) of beautifully landscaped space above the carpark levels. Each unit will be given two or three carparks depending on the unit you choose.

Have a look at the facilities and the pictures of some of them. All pixes here have been taken from the Parkhill official website.

1 PARKHILLFacilities Collage wiv block c and D

The Facilities laid out over 1 acre of land on the 7th floor

Some of the facilities as can be seen in the collage

Some of the facilities as can be seen in the collage

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Location

1 PARKHILLLocation

Remember this famous saying?

“There are three things that matter in property: Location, Location, Location.”

Well, nowhere in Bukit Jalil does this apply more aptly than on Parkhill Residence, a two-tower 45-storey leasehold condominium located so close to the famous Bukit Jalil Stadium, you could get ringside seats to the next game just by peering from the balcony.

Kidding.

1map for location

Seriously though, Parkhill Residence is on a most vital location. To be precise, the development is on a parcel next to the Bukit Jalil Hockey Stadium, well within the grounds of sports, action and entertainment, while just 400m away, is the Bukit Jalil LRT Station where a dedicated covered walkway will be built for residents’ access to LRT convenience from their doorstep.

The development itself is a high class piece of work, with full-fledged facilities and lifestyle indulgences on par with the rest of the luxury condominiums mushrooming in and around Bukit Jalil at the moment.

“Bask in the Glory of Luxury”, says its You Tube advertisement. True that.

1PARKHILLBask in the Glory of luxury

Parkhill is no low-cost flats scheme, you can be sure of that, although its prices are one of the lowest, if not the lowest in the area.

But that’s not all. Opening its doors by next year literally a stone’s throw away will be the ultra-modern, built-for-the-future Asia Pacific University of Technology & Innovation (APU) university campus.

APU’s new campus is the international benchmark for modern campus designs

APU’s new campus is the international benchmark for modern campus designs (pic from APU’s website)

And further down the line, Majlis Amanah Rakyat (MARA)’s education and entrepreneurship “Edu-Biz Park” will be built closeby, on nine hectares of Technology Park land in Bukit Jalil, to be precise.

What will all this mean and how will they shape Parkhill’s three Location attributes?

  1. Location (Catchment area for student rentals)

Although the new APU campus will have its own dorms, they cannot possibly cater to all their 10,000 students from 105 countries. Parkhill will be the next logical choice to look at, being just 200m away. Well, it’ll be 750m to 1km if one took the long way around to the entrance without a shortcut through but we can be sure a shortcut will be built for easier access from college to home if it doesn’t compromise security. (See map from Google below).

1 PARKHILLAPU to Parkhill

Parkhill will be the students’ next home by default, not just because of proximity but also because of rental price. How affordable will Parkhill be for students?

As an investment, based on its lower-than-average price base of RM500+psf, (the rest of the properties in Bukit Jalil are at least RM650psf onwards to RM900psf and above), Parkhill should have greater than average price growth psf four and subsequent years from now, comparatively.

Rentals should also be showing promise as tenants would naturally be more attracted to Parkhill’s more affordable rents than those of pricier developments. Students, fresh grads and young working adults  prefer lower rents as can be seen in the above research. How low could you put your rental if your unit cost a million or more? At Parkhill, units don’t even come close to million. You do the math and see.

  1. Location (Vantage point for superb views and amenities)

Parkhill is a superb place to live and bring up a family. The neighbourhood is respectable, has all the amenities and infrastructure anyone could ask for, the address is well-known being inside Technology Park, it is next to the iconic Bukit Jalil Stadium, and when it is completed, will command a vantage view over glittering Bukit Jalil City and all the bright lights of Bukit Jalil.

1PARKHILLaccess map

Forget that quip about watching hockey matches from the balcony. That was just a joke. Actually, if you look at the picture above, Stadium Hoki Bukit Jalil is 1.1km away from Parkhill. There are two hockey stadiums within that square structure: Hockey Stadium 2 which is fully covered and air-conditioned, and Hockey Stadium 1, used for training, which is partially covered. So don’t worry about noise. You are near yet far enough.

Bukit Jalil Stadium is 2.2km or 4 minutes away, Pavilion and Bukit Jalil City is 3.3km or 5 minutes away, Sri Petaling (a huge matured township) is  3.7km or 8 minutes away while Kinrara (another huge matured township) is 8.9 km or 15 minutes away.  Finally IOI Mall Puchong is 10.4 or 16 minutes away.

  1. Location (At the nucleus of the LRT, MRT and Road Network)

Rail Infrastructure:

LRT:

The four new LRT Stations of the Ampang Extension Line, that is: Awan Besar, Muhibbah, Alam Sutera  and Giant Kinrara 5 are up and running. They link up with the existing stations that include Bukit Jalil and eventually will traverse the entire Klang Valley through their new extension lines , shuttling commuters from one end of the Klang Valley to the other in minutes.

1 PARKHILLfor Prasarana LRT

MRT:

Recently, MRT Corp made this crucial announcement regarding Parkhill’s further access to public transport. Here is an excerpt from TPM in Bukit Jalil gets MRT station; close to Maju KL and Parkhill Residence projects about the confirmation of the MRT SSP Lines being operational by 2021 (Phase 1) and 2022 (Phase 2).

1PARKHILLmrt-ssp-line-chart

“The government also decided that an additional elevated station should be constructed near Technology Park Malaysia (TPM) between stations S25 at Sungai Besi and S26 at Serdang Raya North. Besides serving TPM, this new station’s catchment area will also include many future development projects in the Sungai Besi area…”

Further on in the article…

“…. The new TPM MRT Station is planned to be located just on the fringe of the Kuala Lumpur-Seremban Expressway and next to Wisma Scope International.

“The potential ridership catchment for the new station includes the upcoming campus of the Asia Pacific University of Technology & Innovation (APU) and Majlis Amanah Rakyat’s (MARA)’s “Edu-Biz Park” worth RM1.3 billion. Both are located within the grounds of TPM.

“Several property projects that are expected to benefit from the location of this new station include Maju Kuala Lumpur by Maju Group, Parkhill Residence in Bukit Jalil by Aset Kayamas Sdn Bhd and an upcoming mixed development by Briswood Sdn Bhd…”

Road Infrastructure:

Bukit Jalil Highway is linked to six major highways: Bukit Jalil Highway, LDP, MEX, MRR2, KESAS, North-South Expressway, and the KL-Seremban Highway.

1 PARKHILLLocation Highway connection

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Analysis

We shall do a price comparison with similar projects within the same vicinity of Bukit Jalil.

Name Tenure Unit Size Average Price PSF Maintenance Fee PSF Approx Price per Unit
Parkhill Residence L hold 1,100sq ft RM500++ RM 0.27 RM555K (2015)
Twin Arkz F hold 721sq ft RM800 RM 0.38 RM576K (in 2013)
Park SkyBukit Jalil City F hold 868sq ft RM900 RM 0.35 RM757K (2015)

The Developer of Parkhill Residence@Bukit Jalil is Aset Kayamas.

During the launch of Parkhill’s showroom in Street Mall One South in Seri Kembangan recently, Aset Kayamas managing director Yvonne Chai was quoted as saying:

“Parkhill Residence is built following the success of our earlier developments. The unveiling of the showroom will add to our milestone with our belief this will be one of the most sought after condominium residence in Bukit Jalil.”

Another excerpt:

“Sustainability as far as development is concerned is a development that meets the needs of the present without compromising the ability of future generations to meet their own needs. Focus needs to be given to issues such as recycling and environmental preservation,” Tengku Adnan said, adding that Parkhill Residence was an example of responsible development.”

*Excerpt taken from Bukit Jalil Burgeons: New Residential Project Unveiled In Area 

The PPA1M 1Malaysia Civil Servants Housing Programme which makes up Block A and B of Parkhill are a joint venture between City Hall and Aset Kayamas.  The project, priced between RM150,000 and RM300,000 per unit, is catered only to civil servants.

Aset Kayamas’ has, for years, worked in tandem with the government’s aspirations of building affordable housing for urbanites. Their many developments (including RUMAWIP) are: PandanMAS, SentulMAS, RazakMAS, KepongMAS, PuchongMAS, The Holmes, The Henge and now, Parkhilll Residence.

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Summary

Some people gripe over its leasehold status, but as the salesperson explained: “Leasehold or freehold only applies to landed properties. After many years, landed properties you can renovate, change the internal piping, plumbing and so on.…but non-landed?

Good question.

“So what is the importance of freehold in this case? The freehold status will only make the price more expensive!”

Good point.

Whether you wish to be an owner-occupier, buy-to-sell or buy-to-let investor, Parkhill is a great choice. It’s definitely good for rental from the student market and the units are spacious enough to take in multiple tenants.

However, there is one draw back if you wish to tap into the student market. There are only two toilets for all the units regardless of which Types.

Figure that out and you’ll see why. Then again, surely, you can be creative.

If you’re seriously thinking of buying into Bukit Jalil, all the arguments root for Parkhill. So, don’t take too long to think. Units are going fast and as Nike says: “Just do it”.

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Eric Wong

Michael Mendez

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