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Continue Reading ⋅ 25 January 2021
Vista Sentul Residences is a freehold high-rise apartment at Jalan Sentul, adjacent to Jalan Ipoh. Developed by Platinum Victory Sdn Bhd, this project sits on 2.38 acres, with a gross development value (GDV) of RM308 million. It comprises 2 towers (32- and 45-storey) with a total of 705 residential units.
Vista Sentul Residences is equipped with a rainwater harvesting system, a community herb garden, BBQ terrace, sand pit, a pool, children’s playroom and playscape, games room, and a yoga and dancing studio.
Image source Platinum Victory
The development is very close to Chong Hwa Independent High School, about 450m away. Other nearby amenities include Sentul Medical Centre, Sentul Timur LRT station, and many schools (SK Sentul 2, Chi Man Chinese Primary School, and Convent Sentul Secondary School, among others).
Despite being branded as Vista, this development is not part of Platinum Victory’s Vista Essential Homes category. The developer explained that the use of Vista branding is due to the selling price of most units in Vista Sentul is as affordable and competitive as those in the Vista Essential Homes category.
The Vista Essential Homes is tied to affordable housing schemes such as Residensi Wilaya (RUMAWIP) or Rumah Selangorku, which impose certain requirements (income bracket, first-time homebuyers only, and more).
Vista Sentul Residences is not bound by these requirements, and it is considered as somewhat of an outlier in the Vista Essential Homes category. The units at Vista Sentul Residences are priced from RM329,800 with a build-up from 689 sq. ft. The response has been good, with many enquiries coming from the locals staying in Sentul.
The target market for Vista Sentul Residences would-be first-time homebuyers, and investors as they can rent out the units to students. With its unique dual-key feature for some units, this residence allows young purchasers the freedom of staying in their own space, while renting out the other. This also allows for future expansion if needed.
Image source Platinum Victory
Address: 6, Jalan 1/48g, Sentul, 51100 Kuala Lumpur
Property Type: Suites Apartment
Development Area: 2.38 acres
Land Title: Commercial Strata
No. of Blocks: 2 (Block A / B)
Total Units: 705 units
Tenure: Freehold
Sales Gallery: 2-1, Level, 2, Sinar Sentul Commercial Centre, Jalan Sinar Sentul 1, Sentul, 51100 Kuala Lumpur
Year of Completion: 2023
Built-up Area: 689 sq ft – 1,216 sq ft
Facilities:
- Surau
- Multi-function room
- Gym
- Laundrette
- Convenience store
- Games room
- AV room
- Yoga / dance studio
- Children’s playroom
- BBQ terrace
- Community herb garden
- Sand pit
- Kids’ playscape
- Adults’ playscape
- Outdoor fitness
- Pavilion
- Pool deck
- Wading pool
- Swimming pool
- Lounge
- Library
- Outdoor deck
- Multi-purpose room
- Meeting room
- Café / restaurant
Launch Price: From RM329,800
Maintenance Fee: RM0.35 psf
Project Details
Vista Sentul Residences comprises 2 blocks, with a total of 705 units. Prices start from RM329,800, and the 2- and 3-bedroom units’ built-ups range from 689 sq ft to 1,216 sq ft. Maintenance fee is expected to be RM0.35 per sq ft.
Image source Platinum Victory
Facilities at Vista Sentul Residences include swimming pool, wading pool, children’s playground, kid’s playscape, adults’ playscape, barbeque area, games room, laundry room, gymnasium and multi-purpose hall, among others
In total there are 8 floor plans to choose from, with the smallest being the 689 sq. ft., and the biggest at 1,216 sq. ft., which comes with a dual-key design. Vista Sentul Residences is scheduled for completion in 2023.
|
Unit Types |
Built-Up |
Launch Price |
|
Type A / A (M) |
· 689 sq ft · 2 bedrooms · 2 bathrooms · Block A: 165 units |
From RM329,800 |
|
Type A1a |
· 807 sq ft · 2 bedrooms · 2 bathrooms · Block A: 1 unit |
|
|
Type A1b |
· 807 sq ft · 2 bedrooms · 2 bathrooms · Block A: 1 unit |
|
|
Type A1c |
· 807 sq ft · 2 bedrooms · 2 bathrooms · Block A: 1 unit |
|
|
Type A1d / A1d (M) |
· 807 sq ft · 2 bedrooms · 2 bathrooms · Block A: 46 units |
|
|
Type B / B (M) |
· 818 sq ft · 3 bedrooms · 2 bathrooms · Block A: 48 units |
|
|
Type C / C (M) |
· 958 sq ft · 3 bedrooms · 2 bathrooms · Block B: 369 units |
|
|
Type D / D (M) |
· 1,216 sq ft · 3 bedrooms · 2 bathrooms · Block B: 74 units |
Location
Vista Sentul Residences is easily accessible via Jalan Sentul, Duta-Ulu Kelang Expressway (DUKE) and the Setiawangsa-Pantai Expressway (DUKE 3). The development is surrounded by schools including Chong Hwa Independent High School, SK Sentul 2, Convent Sentul Secondary School, SMK La Salle Sentul and Wesley Methodist Girl’s School.
Image source Platinum Victory
Vista Sentul Residences is also only 5.8 km to KLCC, and 6.8 km to KL Sentral. Some major hospitals are within a 2 to 4 km radius, including Hospital Kuala Lumpur, KPJ Tawakkal, and Sentul Medical Centre.
At Vista Sentul Residences, residents will enjoy the convenience and accessibility of multiple public transportations – all within a 3km radius. Public transportation include the Sentul KTM station, while key highways are the Duta-Ulu Kelang Expressway (DUKE) and Middle Ring Road 2 (MRR2). The Sentul-Batu Caves Electrified Double Tracking project is also there.
Additionally, the Sentul Timur LRT station connects to the LRT Ampang, while the Sentul KTM station connects to Batu Caves-KL-Seremban Line and MRT Sungai Buloh-Serdang-Putrajaya Line.
Accessibility
| Duta-Ulu Kelang Expressway | 500m |
| KTM Sentul | 2.9km |
| LRT Sentul Timur | 1.9km |
| LRT Sentul | 2km |
| MRT Sentul West | 2.3km |
Education
|
Chong Hwa Independent High School |
450m |
|
SK Sentul 2 |
550m |
|
St Joseph Tamil Primary School |
750m |
|
Convent Sentul Secondary School |
850m |
|
Chi Man Chinese Primary School |
900m |
|
SJK (C) Lai Chee |
1.3km |
|
SMK La Salle Sentul |
1.4km |
|
SJK (C) Sentul KL |
1.5km |
|
Wesley Methodist School Kuala Lumpur (International) |
1.6km |
|
SMK (Perempuan) Jalan Ipoh |
2.0km |
|
SRJK (C) Chong Hwa |
2.5km |
|
SK Kampung Batu |
2.6km |
|
SMJK Chong Hwa |
3.2km |
|
SK Sri Delima |
3.3km |
|
Chong Hwa Independent High School |
450m |
|
SK Sentul 2 |
550m |
|
St Joseph Tamil Primary School |
750m |
|
Convent Sentul Secondary School |
850m |
|
Chi Man Chinese Primary School |
900m |
|
SJK (C) Lai Chee |
1.3km |
|
SMK La Salle Sentul |
1.4km |
|
SJK(C) Sentul KL |
1.5km |
|
Wesley Methodist School Kuala Lumpur (International) |
1.6km |
|
SMK (Perempuan) Jalan Ipoh |
2.0km |
|
SRJK(C) Chong Hwa |
2.5km |
|
SK Kampung Batu |
2.6km |
|
SMJK Chong Hwa |
3.2km |
|
SK Sri Delima |
3.3km |
Medical Centres
|
Sentul Medical Centre |
2.1km |
|
KPJ Tawakal Jalan Pahang |
2.9km |
|
Hospital Kuala Lumpur |
3.4km |
Shopping
|
SOGO |
4.6km |
|
Suria KLCC |
5.8km |
|
Pavilion |
6.2km |
|
KL Sentral |
6.8km |
|
Publika |
7.7km |
Recreation
- Sentul Park
- Titiwangsa Golf Course
Analysis
As at October 2020, Vista Sentul Residences has a take-up rate of 85% in October 2020. It was first launched in August 2020. This project aims to address the growing demand for competitively priced modern homes within Sentul and the Greater Kuala Lumpur, and it is targeted at the lower-middle to upper-middle-income group.
Image source Platinum Victory
Vista Sentul Residences is strategically located, where it is easy to travel to Gombak, Wangsa Maju, Setapak, Segambut, Bukit Tunku, Mont’Kiara, and the Kuala Lumpur city centre (KLCC).
The developer highlighted that there’s been a surge of interest in affordable homes post Movement Control Order (MCO) period, especially after the announcement of extension for the 2020 Home Ownership Campaign (HOC).
Here’s a look at residential projects in or near the Sentul area.
|
Project |
Land Tenure |
Unit Type |
Completion |
Built-up |
Approximate Launch Price |
|
Vista Sentul by Platinum Victory Holdings Sdn Bhd |
Freehold |
Suites Apartment |
2023 |
689 sq ft – 1,216 sq ft |
From RM329,800 |
|
MiNest Residence by MiNest Development |
Freehold |
Condominium |
2022 |
822 sq ft – 1,239 sq ft |
From RM299,000 |
|
Rica Residence by Fajarbaru Properties Sdn Bhd |
Freehold |
Serviced Residences |
2021 |
657 sq ft – 1,238 sq ft |
From RM420,480 |
|
M Arisa by Mah Sing Group Bhd |
Freehold |
Serviced Residence |
2022 |
550 sq ft – 1,025 sq ft |
From RM299,000 |
|
M Centura by Mah Sing Group Berhad |
Freehold |
Serviced Residence |
2021 |
646 sq ft – 1,001 sq ft |
From RM328,000 |
|
Sentul Point Suite Apartments by UOA Group |
Freehold |
Serviced Apartment |
2020 |
700 sq ft – 1,001 sq ft |
From RM360,000 |
|
SkyMeridien @ Sentul by SkyMeridien Development Sdn Bhd |
Leasehold |
Service Residence |
2021 |
581 sq ft – 1,318 sq ft |
From RM370,000 |
Summary
Vista Sentul Residences is included in the Home Ownership Campaign (HOC) 2020, and buyers are entitled to benefits such as stamp duty exemptions on the sale and purchase agreement (SPA), and loan agreement.
Image source Platinum Victory
With its price point, Vista Sentul Residences is poised to address the market’s demand for modern homes and facilities, and the value-added benefits of being near amenities such as Taman Tasik Titiwangsa, Sentul Park, Kuala Lumpur Performing Arts Centre, Istana Budaya, National Art Gallery, SJK(C) Chi Man, SK Sentul 2, and SMK Convent Sentul.
If you’re looking at unit priced at RM330,000, the monthly repayment is approximately RM1,176. This is based on:
- LTV / margin of finance: 90% (10% down payment)
- Loan amount: RM297,000
- Loan term: 35 years
- Interest rate: 3.2%
- Approximate required gross annual income: RM47,500*
These calculations are based on the PropertyGuru Home Loan Calculator, and PropertyGuru’s Home Loan Eligibility and Affordability Calculator.
* Assumptions: No other monthly debt obligations, with 30% of gross income to be spent on the home loan
To know exactly how much home loan you can get from the banks and whether you can afford this property, you can use the PropertyGuru Loan Pre-Approval. It is FREE to use and helps you avoid loan rejections. It has a 99.9% accuracy so you can be sure of home loan approval!
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