Curvo Residences is the final residential phase of the first integrated development in Setapak, SkyArena.
Continue Reading ⋅ 30 January 2023
Sunway South Quay comprises residential, educational institutions (Monash University), integrated services and facilities, and commercial components (business offices and retail suites). The development is located at the heart of Bandar Sunway in Subang. It sits directly opposite the education and healthcare corridor of Sunway City, and is served by Malaysia’s first elevated BRT. As the name suggests, the project is developed by Sunway Group.
Sunway South Quay is sited on 178 acres of leasehold land, with a total gross development value (GDV) of RM3.7bil. The developments within this enclave presents a tropical-lakeside concept. It is designed around a 28-acre lake, and Sunway South Quay is touted to be Malaysia’s first lakeside metropolis. Among its attractions are a lakeside promenade, alfresco dining, international-themed restaurants, boutiques, and retail lots.
The developer has previously highlighted that the project would make up 20% of SunCity’s GDV of RM13bil, and it is envisioned to be a world-class development that will add value to the Sunway Integrated Resort City (SIRC).
Address: Sunway South Quay, Bandar Sunway, 47500 Subang Jaya, Selangor
Developer: Sunway Group
Property Type: Mixed development
Land Area: 178 acres
Land Title: Mixed
Tenure: Leasehold
Total Units:
- BayRocks: 77
- Nautica Lake Suites: 249
- A’marine Lakeside Condominium: 242
- LaCosta: 377
Nautica Lake Suites
Nautica Lake Suites
A’marine Lakeside Condominium
A’marine Lakeside Condominium
LaCosta
LaCosta
Sales Gallery:
- The Property Gallery: Lobby Level, Menara Sunway, Jalan Lagoon Timur, Bandar Sunway, 47500 Petaling Jaya, Selangor
- Sunway GEOLake Sales Gallery: G-01-01, Sunway GEO Avenue, Jalan Lagoon Selatan, Sunway South Quay, 47500 Subang Jaya, Selangor
Year of Completion:
- BayRocks: 2010
- Nautica Lake Suites: 2010
- A’marine Lakeside Condominium: 2013
- LaCosta: 2014
Built-up Area:
- BayRocks: 6,469 sq ft – 8,234 sq ft
- Nautica Lake Suites: 1,392 sq ft – 3,600 sq ft
- A’marine Lakeside Condominium: 1,306 sq ft – 2,836 sq ft
- LaCosta: 1,302 sq ft – 3,226 sq ft
Facilities:
- 28-acre lake
- Lakeside promenade
- Alfresco dining
- International-themed restaurants
- Boutiques
- Retail lots
Project Details
The inaugural launch in Sunway South Quay comprised 77 units of BayRocks garden waterfront villas worth about RM400 million. During a private preview, about 25% of the villas were taken up. The villas are arranged in 6 rows in an arch cascading down to the lake. The 2- and 2½-storey villas were priced from RM4.5 million to RM7.7 million.
Nautica Lake Suites
Nautica Lake Suites
The next project launched was the Nautica Lake Suites. Units range from 1,392 sq ft to 2,375 sq ft, while the 2-storey duplexes are 2,375 sq ft. The penthouses are 3,300 sq ft to 3,600 sq ft and priced from RM2.5 million.
A’marine Lakeside Condominium
A’marine Lakeside Condominium
Subsequently, the developer launched A’marine, which has a gross development value (GDV) of RM200 million. It comprises 242 units, with sizes from 1,306 sq ft to 2,836 sq ft. There is also be a 77-foot luxury yacht called the South Quay Princess, anchored by the side of the lake, which can be rented by the residents to host parties or business meetings.
In 2011, LaCosta lakeside condominium was launched, and it saw an average 50% sales for the 3 blocks. The project has 4 blocks, with an estimated gross development value (GDV) of RM400 million. Located on an elevated site, the project covers 5.39 acres, with a total of 377 units and built-ups ranging from 1,302 sq ft to 3,226 sq ft.
LaCosta
LaCosta
Within Sunway South Quay is also Sunway Geo, a mixed development that comprises Sunway Geo Avenue, Sunway Geo Residences, and Sunway GEOLake Residences.
|
Residential Projects |
Details |
Launch Price |
|
BayRocks |
· Waterfront villas · 77 units · 6,469 sq ft – 8,234 sq ft · Minimum 5+1 bedrooms · Porch can accommodate up to 3 cars side by side · Completed: July 2010 |
From RM4,530,000 |
|
Nautica Lake Suites |
· Condominium · 1 block · 249 units · 1,392 sq ft – 3,600 sq ft · Completed: End 2010 |
From RM1,188,000 |
|
A’marine Lakeside Condominium |
· 2 blocks · 23 storeys · 242 units · 1,306 sq ft – 2,836 sq ft · Launched: 2011 · Completed: 2013 |
From RM807,400 |
|
LaCosta |
· 5.39 acres · Condominium · 4 blocks · 33 floors · 377 units · 4 units per floor · 1,302 sq ft – 3,226 sq ft · Next to a 28-acre lake · Every unit has a lakeside view · Launched: 2011 · Completed: 2014 |
From RM880,000 |
|
· 2 blocks · 30 storeys · 472 units · 829 sq ft – 1,496 sq ft · Completed: 2017 |
From RM880,000 |
|
|
· 464 units · Condominium: 883 sq ft – 1,776 sq ft · Townhouse: 2,799 sq ft – 3,035 sq ft · Completion: 2022 |
|
Location
Sunway South Quay is located close to the Bandar Sunway business district, amenities, and facilities. It sits along Jalan Lagoon Selatan, neighbouring D’Latour and Palmville Resort Condominiums.
As for education institutions close to Sunway South Quay, they include Sunway University College, Taylor’s University College, SMK Bandar Sunway, SRK Subang Jaya, and SMK Subang Jaya, amongst many others. Additionally, Sunway South Quay is a stone’s throw away to Sunway Metro, Sunway Mentari, and Sunway Mentari Business Park commercial centres.
For shopping, Sunway Pyramid is a 5 minutes’ drive, and about a 10-minute drive to Subang Parade, Empire Shopping Gallery, and AEON BiG Subang Jaya. A big plus to some is that the Sunway Lagoon Theme Park is right next to Sunway Pyramid. Most of the amenities close to Sunway South Quay are just a few minutes’ drive or walk away.
Sunway South Quay is connected via the Damansara-Puchong Highway (LDP), Federal Highway, and Shah Alam Expressway (KESAS). It is also just about 7 minutes’ drive to the Setia Jaya KTM Komuter Station. There’s also BRT South Quay, BRT Mentari, BRT Sunway Lagoon, BRT Sun U, BRT Sun Med, and LRT SS18 that residents can rely on to get around.
Here’s an overview of the accessibility at Sunway South Quay:
- By train – LRT & KTM at residents’ doorstep via Malaysia’s first elevated BRT – Sunway Line
- By car – Close to major highways, and direct access to KESAS Highway
- By foot – Canopy walk connecting Sunway Pyramid, Sunway University, Monash University Malaysia, Sunway Geo, and Taylor’s University Lakeside Campus
- By bus – Free shuttle bus to nearby amenities at Sunway City
Accessibility
- New Pantai Expressway (NPE)
- Damansara-Puchong Expressway (LDP)
- Federal Highway
- Shah Alam Expressway (KESAS)
- KTM Komuter Setia Jaya (KD08)
- BRT Mentari (SB2)
Education
- Sunway University
- Jeffrey Cheah School of Medicine and Health Sciences
- Sunway International School
- Monash University Sunway campus
- Taylor’s Lakeside Campus
- The One Academy
- INTI International College Subang
- USCI International School
- SK & SMK Bandar Sunway
- SJK (T) Seaport
- Sri Kuala Lumpur International School
- Sri Emas International School
- ETrain College
- Kasturi College International
- SRK & SMK Subang Jaya
- SMK Subang Utama
- SK Kampung Lindungan
Medical Care
- Sunway Medical Centre
- Subang Jaya Medical Centre
Shopping
- Sunway Pyramid
- Mydin Hypermarket
- Sunway Mentari Business Park
- Sunway GEO Avenue
- Subang Parade
- Empire Shopping Gallery
- Summit USJ
- Decathlon USJ
Recreation
- PJS 10 Park
- Sunway Lagoon Resort
- Sunway Extreme Park
- XPark, Sunway South Quay
- Tiong 5 PJ Park
- Pro One Badminton Court
- Kelab Golf Negara Subang
Analysis
Sunway South Quay is located within one of the most comprehensive integrated developments in Malaysia, the Sunway Integrated Resort City (SIRC). Developments there target working adults, professionals, and expatriates who wish to enjoy the convenience of living within SIRC, as well as retirees and families with children entering university, due to its close proximity to higher learning institutions.
Nautica Lake Suites
Nautica Lake Suites
A’marine Lakeside Condominium
A’marine Lakeside Condominium
LaCosta
LaCosta
Even though the demands for the high-rise residential developments are rather high, some investors have steered away from the area due to the price tags, as they could venture to other established areas such as Mont Kiara, Sri Hartamas, and Bangsar. Besides that, with the many amenities there, it is no wonder that the area is constantly packed with people and traffic.
Available listings in PropertyGuru in July 2021 show that the asking monthly rental for 1,384 sq ft units at LaCosta are from RM3,000 to RM3,500, while purchase prices are asking for about RM865,000. Thus, units rented out at RM3,300 per month could fetch an approximate gross rental yield of 4.57% per annum.
Here’s a look at properties in/close to Bandar Sunway.
|
Project |
Land Tenure |
Property Type |
Completion |
Built-up |
Approximate Launch Price |
|
LaCosta @ Sunway South Quay by Sunway Group |
Leasehold |
Condominium |
2014 |
1,302 sq ft – 3,226 sq ft |
From RM880,000 |
|
Sunway Geo Residences by Sunway Group |
Leasehold |
Condominium |
2017 |
829 sq ft – 1,496 sq ft |
From RM880,000 |
|
Sunway GEOLake Residences by Sunway Group |
Leasehold |
Condominium |
2022 |
883 sq ft – 1,776 sq ft |
From RM837,000 |
|
The Edge Residen by Dergahayu Sdn Bhd |
Leasehold |
Serviced Apartments |
2018 |
647 sq ft – 1,008 sq ft |
From RM400,000 |
|
The Greens @ Subang West by Crest Builder Holdings Berhad |
Freehold |
Condominium |
2018 |
915 sq ft – 1,184 sq ft |
From RM568,800 |
|
Paisley @ Tropicana Metropark by Tropicana Metropark Sdn Bhd |
Freehold |
Service Residence |
2021 |
601 sq ft – 1,516 sq ft |
From RM672,000 |
|
Lot 15 by Sime Darby Property |
Freehold |
Serviced Residence |
2021 |
624 sq ft – 1,001 sq ft |
From RM593,888 |
|
Greenfield Residence by Cicet Asia Development Sdn Bhd |
Leasehold |
Serviced Apartment |
2021 |
581 sq ft – 1,302 sq ft |
From RM399,000 |
|
YOLO Signature Suites by OCR Properties (Yolo) Sdn Bhd |
Leasehold |
SoHo (Small office Home office) |
2022 |
440 sq ft – 1,018 sq ft |
From RM365,000 |
|
Aurora by Sime Darby Property |
Freehold |
Service Residence |
2023 |
788 sq ft & 1,158 sq ft |
From RM756,000 |
|
Residences (South) at Tropicana Metropark by Tropicana Corporation Berhad |
Freehold |
Serviced Residence |
2024 |
500 sq ft & 700 sq ft |
From RM377,000 |
Summary
Sunway South Quay is a self-contained development. It will be similar to the Mines Resort with an international school, shopping mall, convention centre, and residences surrounding a lake. Sunway South Quay is set to be better due to the facilities and amenities there. Those who love living in the Bandar Sunway area, would certainly love living in Sunway South Quay. The key concern would be traffic, but that’s to be expected for any popular or burgeoning areas.
So, if you’re interested in a 1,384 sq ft unit at LaCosta that’s priced at RM865,000, here are its estimated loan figures based on the PropertyGuru Home Loan Calculator and PropertyGuru Home Loan Eligibility and Affordability Calculator.
- LTV / margin of finance: 90%
- Down payment (10%): RM86,500
- Loan amount: RM778,500
- Loan term: 30 years
- Interest rate: 3.2%
- Monthly repayment: RM3,367
- Approximate required gross annual income: RM135,000*
* Assumptions: You have no other monthly debt obligations, and 30% of gross income will be spent on the housing loan. As a rule of thumb, banks usually loan up to 30% of your gross annual income.
Can you afford the loan for this property?
Debt Service Ratio (DSR) is a method used by banks in Malaysia to calculate whether you can afford the loan you’re applying for. To calculate your DSR, use the FREE PropertyGuru Loan Pre-Approval service. It has a 99.9% accuracy, which helps in avoiding loan rejections.
Keep browsing Malaysia’s largest property site for more project reviews.
