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Continue Reading ⋅ 30 January 2023
Renai Jelutong Residences is a recently completed freehold project in a prestigious address in Shah Alam. Built by WCT Land’s unit Urban Courtyard Sdn Bhd, the serviced residence sits on a plot with a commercial land title. The development comprises two 15-storey towers containing a total of 222 serviced residences. Buyers can choose from two-bedroom apartments with two baths and three-bedroom with two baths ranging from 788 sq ft to 1,314 sq ft. Prices of these homes start from RM585,000, translating to an average price of RM742 per square feet (psf). The development was completed in 2017 and has already obtained its Certificate of Completion and Compliance (CCC).
Address: No 1, Jalan Bazar U8/100,Seksyen U8,40150 Shah Alam, Selangor Darul Ehsan
Property Type: Serviced Apartment
Land Title: Commercial
No of Storeys: 15 storeys
No of Blocks: 2 blocks
Total Units: 222 units
No of Lifts per floor: 2 lifts + bomba lift at each block
Tenure: Freehold
Sales Gallery: Lot 2-G-04, Jalan Bazar U8/101A, D’vida Business Park, Bukit Jelutong, 40150 Shah Alam, Selangor Darul Ehsan
Site GPS Coordinates: Latitude – 3.09675; Longitude – 101.5375
Expected Date of Completion: April 2017 (Completed with CCC)
Built-up area: 788 sq ft -1,314 sq ft
Facilities:
- 40-meter infinity-edge pool
- Impressive main lobby
- Impressive main lobby
- Gymnasium
- BBQ corner
- Seating Lounge
- Reflexology garden
- Sky Garden
- Yoga Deck
- Children Playground
- CCTV & 24-Hour Security
Launch Price: Min price from RM585,000
Price psf: from RM742 psf
Maintenance Fee psf: RM0.35 (incl. sinking fund)
Parking Bay/s per Unit: 2 bays per unit
Special Features:
- Semi-furnished
- 1 unit of 2 in 1 dryer & washer
- 2 unit of air-conditioners
- 1 unit of water heater
- Built-in kitchen cabinet with hood & hob
Project Details
The low-density development offers a total of 222 serviced residences spread across two 15-storey blocks sited on a freehold plot with a commercial use. All units come with 2 bedrooms and 2 bathrooms. These homes measure between 788 sq ft and 1,314 sq ft, with prices starting from RM585,000 to RM906,000. Details of the specifications, including unit types, sizes, prices and floor plans are indicated below.
|
Type |
Built-Up (sq ft) |
Starting Price (RM) |
|
Type A – 2 beds & 2 baths |
788 |
585,000 |
|
Type B – 3 beds & 2 baths |
1,034 |
676,000 |
|
Type C – 3 beds & 2 baths |
1,254 |
846,000 |
|
Type D – 3 beds & 2 baths |
1,314 |
906,000 |
Aside from the project’s impressive facilities like a 40m infinity pool, gym, sky garden and children’s playground, the safety and security of the residents are assured thanks to CCTV cameras strategically placed in the development and 24hr security.
Given that Renai Jelutong Residences has been completed, buyers can already move-in and each unit is already semi-furnished. For instance, each home comes with a 2-in-1 dryer and washer, a water heater for the master bathroom, 2 air-conditioning units, and a built-in kitchen cabinet with hood and hob.
Location
There are several major roads in the vicinity of Renai Jelutong Residences. Via Persiaran Gerbang Utama, residents can access Guthrie Corridor Expressway (GCE), while the New Klang Valley Expressway (NKVE), the Federal Highway and Elite Highway are about 1.5km away. Via the Guthrie Corridor Expressway (GCE), motorists can reach Sungai Buloh, Rawang, and Ipoh. The New Klang Valley Expressway (NKVE) leads to Klang or Mont Kiara/Kuala Lumpur at the other end. Similarly, The Federal Highway leads to Klang or Petaling Jaya/Kuala Lumpur. Finally, the ELITE Highway offers access to Subang Jaya.
The development is 15 minutes by car from Batu Tiga Komuter station (train station), whereas the Sultan Abdul Aziz Shah Airport (Subang Airport) is 18 minutes away. Once the LRT3 project is completed, residents of Renai Jelutong Residences can travel to the Malawati LRT station near Shah Alam Stadium (12 minutes). From that station you can get to areas between Bandar Utama and Johan Setia.
Moreover, Renai Jelutong Residences is near many supermarkets and malls. The closest are the Jaya Grocer @ Plaza Jelutong and Malaysia’s first Eco Mall, Space U8, which are 6 minutes by car. Giant Hypermarket Shah Alam Stadium, Aeon Mall Shah Alam and Tesco Shah Alam are between 9 minutes and 13 minutes.
Parents also don’t have to worry about finding a school for their kids as the development is relatively near Sekolah Menengah Kebangsaan (SMK) Bukit Jelutong, SMK Seksyen 9, and SAMT Tengku Ampuan Jemaah in addition to private schools and colleges.
It is also within a 20-minute car ride to four hospitals – DEMC Specialist Hospital, Hospital Shah Alam, KPJ Selangor Specialist Hospital and Sime Darby Medical Center.
Finally, Renai Jelutong Residences overlooks the Guthrie Golf Academy Pitch & Putt Course, while the Sultan Abdul Aziz Shah Golf & Country Club is a short drive away.
Analysis
There are two other serviced residence within the vicinity of Renai Jelutong Residences, namely Stellar Residences and Radia Residences. While the project is freehold and is more affordable than the leasehold Stellar Residences, the latter has the advantage of having fewer units. Units at the former are also larger, but the latter has the advantage of being located on top of the TTDI Sentralis mixed-use project and is closer to Shah Alam Stadium and supermarkets.
|
Name of Development |
Tenure |
Property Type |
# of Units |
Sizes |
Psf Price |
Price |
|
Freehold |
Serviced Apartment |
222 |
From 788 sq ft |
From RM742 |
585,000 – 906,000 |
|
|
Leasehold |
Serviced Apartment, SOHO and Retail |
130 |
From 719 sq ft |
From RM750 |
602,000 – 828,000 |
|
|
Freehold |
Serviced Apartment, Retail, Offices |
640 |
From 695 sq ft |
From RM750 |
413,000 – 1,144,000 |
Versus Radia Residences, the development’s edge is that it has a lower density, but loses out in terms of minimum price. Nonetheless, Renai Jelutong Residences has a slightly lower price per sq ft.
Summary
Renai Jelutong Residences has some pros and cons. For example, it’s competitively priced compared to Stellar Residences and Radia Residences. On top of already being completed, the furnishing is decent with the built-in kitchen cabinets, water heater and air-conditioning units.
It also has some investment and rental potential, as the d’Vida Business Park is just opposite of it. While some people are wary of the lackluster commercial activity within the area, particularly in Bukit Jelutong, business activity is expected to pick-up although slowly.
Buying for own use is also good as it’s surrounded by greenery like the Guthrie Golf Academy Pitch & Putt Course, but buyers may want to note that Masjid Diraja Tengku Ampuan Jemaah is only 370 meters away.
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