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Continue Reading ⋅ 11 October 2022
Tangerine Suites is located in Sunsuria City, the flagship master-planned township by Sunsuria Bhd. The developer is keen to create a refreshing and attractive environment that will draw the crowds in, including tourists, to the township. Sunsuria City is envisioned as a world-class satellite city, and it is planned to ensure that the different components are seamlessly integrated – retail malls, condominiums, serviced apartments, commercial shoplots, schools, parks, hotels, and landed residential homes, built across 525 acres of freehold land.
The northern half of the township is dedicated to residential properties and lifestyle amenities, including the Horizon Village Outlets, the Korean-French Provence Village, and commercial hubs such as Jasper Square and Bell Avenue. The southern half features amenities such as Xiamen University Malaysia, transit-oriented development, mixed commercial properties, and Sunsuria City Celebration Centre.
The centre houses Sunsuria City’s sales gallery and serves as a venue for community gatherings and celebrations. It is the first landmark in the new township located in Putrajaya South. The centre has its own cafes, a festivities arena, a sensory garden, bicycle rental facilities, and the Le Park route that connects to the Salak Tinggi ERL station. The total development cost for the centre is RM25mil.
With the growing community and increasing number of university students, the developer wants to put life and culture into Sunsuria City, and the celebration centre is the starting point, where it will host lifestyle features to benefit residents, students, and visitors.
Sunsuria City is built to surround the Xiamen University Malaysia Campus, and the developer aspires to create an intelligent and sustainable city where people can connect with a Sunsuria app, which will be created to support this concept.
The development has an extensive network of bicycle paths and walkways, with bike-sharing services. It also features recreational parks, dedicated cycling and pedestrian paths, and water features. Above all, Sunsuria City is built as a self-sustaining Green Building Initiative-compliant township that incorporates energy-efficient features to reduce wastages and preserve the ecosystem. The RM10 billion township will take another 6 to 8 years to complete.
In May 2019, the developer introduced Tangerine Suites, an affordably-priced multi-facility serviced apartment. This is in support of the government’s initiative to promote home ownership among Malaysians.
Address: Jalan Sunsuria, Sunsuria City, 43900, Selangor
Property Type: Service Apartment
Land Title: Residential
Total Units: 778 units (serviced apartment 663 units, affordable units: 115 units)
Tenure: Freehold
Sales Gallery: Sunsuria City Celebration Centre, Persiaran Sunsuria, Bandar Sunsuria, 43900 Sepang, Selangor
Year of Completion: 2023
Built-up Area:
- Serviced apartment: 635 sq ft – 936 sq ft
- Affordable units: 550 sq ft
Car Park Units: 1,565
Facilities:
- Kindergarten
- Open function area
- Barbeque area
- Seating area
- Pool deck
- Swimming pool
- Wading pool
- Children’s playground
- Outdoor fitness equipment
- Prayer room
- Shop
Launch Price:
- Serviced apartment: From RM358,600
- Affordable units: From RM250,000
Project Details
Sunsuria City features a broad range of residential developments, from luxurious landed homes to high-rise units. The first residential launch was The Olive in 2018. The high-rise freehold condo features 663 units across 3 blocks on 17.8 acres. Named after the famed Spanish watercolour painter Ceferí Olivé, The Olive delivers a vibrant living concept within a community-centric and serene environment.
The following launches were Bell Suites, Monet Lily, Monet Garden, and Monet Springtime. The launch prices for The Olive, Bell Suites, Monet Lily, Monet Garden, and Monet Springtime ranged between RM600 and RM800 per sq ft. The gross selling price for The Olive started from RM500,000.
The single-tower Tangerine Suites’ design was inspired by classic Peranakan architecture. There are 663 units of apartments with built-ups ranging from 635 sq ft to 936 sq ft, and the gross price starts from RM285,000. The estimated gross development value (GDV) for Tangerine Suites is RM236 million.
Despite the attainable price, Tangerine Suites will provide a gated-and-guarded lifestyle for residents. They will have access to the swimming pool, playground, and landscaped garden. Sunsuria has also developed a central park, known as Giverny Park, which is open to the public. The park has ample green space, a lake, and its facilities include outdoor fitness, children playground, amphitheatre, event plaza, jogging and cycling track. The developer spent more than RM10 million to develop the park.
|
Unit Types |
Built-Up |
Launch Price |
|
Type A |
· 550 sq ft · 1 bedroom · 1 bathroom |
From RM250,000 |
|
Type B |
· 635 sq ft · 1 + 1 bedrooms · 1 bathroom |
|
|
Type C
|
· 700 sq ft · 2 + 1 bedrooms · 2 bathrooms |
|
|
Type D |
· 936 sq ft · 1 + 1 bedrooms · 2 bathrooms |
Location
Sunsuria City is poised to become a new landmark due to its location in Putrajaya South in Salak Tinggi. It is not too far away from KL city centre, while being close to maturing townships such as Kota Warisan, Bandar Baru Salak Tinggi, Putrajaya, and Cyberjaya.
The township enjoys a direct link via an exit from the Putrajaya-Cyberjaya Expressway, which connects to the North-South Central Link Expressway (ELITE). Accessibility also includes a network of major highways, such as the North-South Expressway (NSE), and Maju Expressway (MEX) which takes residents to KL city centre (48km).
Another plus point is that Sunsuria City is located next to the Salak Tinggi ERL station, which connects residents to Kuala Lumpur International Airport (KLIA), Bandar Tasik Selatan / Terminal Bersepadu Selatan (TBS), and KL Sentral.
Sunsuria City is built around the 150-acre Xiamen University Malaysia, the first overseas campus of a Chinese university that will cater to up to 10,000 students. It is also near the retail haven of Horizon Village Outlets, which will feature up to 150 luxury and casual brand outlets from around the world under the same roof across 400,000 sq ft. On top of that, up to 40 universities and colleges are available within a 30-km radius. The township is further served by a wide range of amenities such as schools, shopping malls, recreation centres, hospitals, police stations, and more.
Here’s a quick look at the distance to key destinations.
- KLIA 12km
- Cyberjaya via Dengkil Bypass 16km
- Putrajaya via Dengkil Bypass 22km
- Puchong 38km
(Taman Puchong Utama via ELITE) - KLCC via MEX 48km
Accessibility
- Direct interchange to North-South Central Link Expressway (ELITE)
- North-South Expressway (PLUS)
- Putrajaya-Cyberjaya Expressway
- South Klang Valley Expressway (SKVE)
- Maju Expressway (MEX)
- Salak Tinggi ERL – free shuttle bus
- ERL Speed Train Route Putrajaya/Cyberjaya – MRT SSP Lineo Bandar Tasik Selatan – Terminal Bersepadu Selatan (TBS) & LRTo KL Sentral – MRT Blue Line & LRTo KLIA & KLIA2
Education
- Xiamen University Malaysia
- SK Seroja
- SK Sg Melut
- SJK(T) Bandar Baru Salak Tinggi
- SMK Bandar Baru Salak Tinggi
- Inti College University
- Nilai College University
- University Sains Islam Malaysia (USIM)
Shopping
- Horizon Village Outlets
- Korean-French Provence Village
- Sunsuria Celebration Centre
- Mitsui Outlet
- Giant Nilai
Recreation
- Lake garden
- Kelab Golf Nilai Spring
- Sepang F1 Circuit
Analysis
Bandar Baru Salak Tinggi is a growing neighbourhood. It has attracted developers due to its affordability of land, and proximity to KLIA and KLIA2. As for education, there’s Xiamen University Malaysia within Sunsuria City itself, and there are also many options from the nearby educational hub of Nilai. Some would opine that Salak Tinggi is a diamond in the rough.
The area is likely to attract a mix of investors and owners. The price point is much lower than areas closer to central areas of Petaling Jaya and Kuala Lumpur, but that also means being away from the bustle of those established areas. A driving factor here would be Xiamen University, which has a total capacity of 10,000 students. If Sunsuria’s vision of a self-sustaining area comes to fruition, there should be some price appreciation and demand for housing from both students and professionals.
The developer has highlighted some elements that distinguish itself from other townships, namely it being bicycle-friendly, a transit-oriented development, and featuring differentiated brands with Xiamen University and Horizon Village Outlets. For Tangerine Suites, the pull-factor is that it is affordably priced, gated and guarded, and come with facilities.
Here’s a look at residential properties in the Putrajaya South / Salak Tinggi area.
|
Project |
Land Tenure |
Unit Type |
Completion |
Built-up |
Approximate Launch Price |
|
Tangerine Suites by Sunsuria Bhd |
Freehold |
Service Apartment |
2023 |
550 sq ft – 936 sq ft |
From RM250,000 |
|
Ehsan Residence by Ehsan Plant & Property Sdn Bhd |
Freehold |
Condominium |
2017 |
1,070 sq ft – 2,073 sq ft
|
From RM378,000 |
|
Monet Lily by Sunsuria Bhd |
Freehold |
Terrace & Townhouse |
2020 |
1,400 sq ft – 1,680 sq ft |
From RM660,000 |
|
The Olive by Sunsuria Bhd |
Freehold |
Condominium |
2019 |
818 sq ft |
From RM399,800
|
|
D’Mawar Residensi by Mega First Corporation Berhad (MFCB) |
Freehold |
2- and 2 ½-storey terrace
|
2014 |
2,195 sq ft – 2,501 sq ft |
From RM400,000 |
|
Warisan Heights by Gema Padu Sdn Bhd |
Leasehold |
Serviced Apartment |
2014 |
765 sq ft – 1,022 sq ft |
From RM180,000 |
|
Tiara Heights by Seri Pajam Development Sdn Bhd |
Freehold |
2-storey semi-detached |
2016 |
2,226 sq ft |
From RM450,000 |
Summary
Tangerine Suites at Sunsuria City sits along the important KL-Putrajaya-Cyberjaya-KLIA Corridor. It is a 7-minute train ride to and from Kuala Lumpur International Airport (KLIA) area. Sunsuria City has another 6 to 8 years to complete. It remains to be seen whether the tenant-mix will be skewed towards own-stay or renters upon its completion.
If you take a 90% LTV loan of RM256,500 with an interest rate of 4.3% for the 635 sq ft unit, the monthly instalment would work out to approximately RM1,269 for 30 years. This repayment figure is calculated based on the PropertyGuru Home Loan Calculator.
Based on another calculator, the PropertyGuru Home Loan Eligibility and Affordability Calculator, you would need an approximate gross annual income of RM51,000, with no other monthly debt obligations, to be eligible for a loan amounting to approximately RM257,000. This is assuming that you use 30% of your gross income to repay the housing loan.
