Updated: 13th May 2021In the heart of Kuala Lumpur city, Summer VOS situated in two towers of 24-storey buildings on a 10-storey podium. These towers are leasehold strata commercial development completed in 2015 by UEM Sunrise Bhd at No. 8, Jalan Cendana, Off Jalan Sultan Ismail, Kuala Lumpur. Managed by SCM Property Services Sdn Bhd, a wholly-owned subsidiary of UEM Sunrise, the said development held up 879 units of office suites with residential elements with built-up ranging between 469 sqft to 1,347 sqft. The leasehold tenure will be expiring on Jan 22, 2108. Also known as Menara Solaris, the said development is one of the unique types of offices in Malaysia called a Versatile Office Suite (VOS). Upon inception of the development plan, the developer has identified its user target market as the youngish internet entrepreneur with a commando start-up team that works, eats and sleeps in the office. Offering a combination of work, lifestyle and residential elements, the VOS concept with its attractive location has drawn start-up businesses to set up their offices there. While integrating working and living in the office suites, its occupants get to enjoy the convenience from the retail units within the premises including cafes, convenience stores, preschool facilities, etc. Nonetheless, this innovative hybrid nature development has gathered different interpretations as to whether Summer Suites is legally considered a commercial or residential development, affecting the purpose(s) for which it can be used and other related regulatory issues hence resulting in Summer Suites being rented out as vacation accommodation such as AirBnB and others since then. Location wise, Summer Suite VOS is unquestionably strategically serviced by a well-established network of highways and rail services, meanwhile surrounded by a host of amenities such as 5-star hotels, upscale shopping malls, schools, restaurants, banks and every kind of service. Mainly accessible via Jalan Sultan Ismail, Ampang-Kuala Lumpur Elevated Highway (AKLEH), SMART Highway, SPRINT Highway, New Pantai Expressway (NPE) and Lebuhraya Persekutuan, individuals are granted great connectivity to other parts of Klang Valley. The nearest Bukit Nanas Monorail and Dang Wangi LRT stations are within 5 minutes walk while the Medan Tuanku Monorail is 8 minutes’ walk away. Greeted by a grand double volume lobby with retail units, these 34-storey tall buildings are secured by security turnstiles at Level 1 lift lobbies and 24-hour guard and security CCTV surveillance service. Granted by its VOS concept, some of the business facilities such as meeting rooms, conference rooms, food court and cafes are specially catered for meanwhile some other facilities include swimming pool, jacuzzi, gymnasium, outdoor yoga terrace and games room. The elevated car park houses as many as 870 parking bays where limited parking space problems in the city area is not an issue here. Ranging between 469 sqft to 1,347 sqft, each office suite is equipped with multiple energy-saving features including motion sensors, Variable Refrigerant Volume (VRV) air-conditioning, timer for water features, mineral paint for external walls, green curtain, LED exterior fixture lights and Building Automation System (BAS). Parkroyal Serviced Suites is surrounded by a wide range of reputable schools from preschool to tertiary education with some as close as 8 minutes’ walk away. These include UniKL MIIT, Universiti KL, University of Wolverhampton, Yayasan Sekolah Al Quran KL, Astin College, Kings College, Yayasan Sekolah Al Quran KL, Queens College KL, Yes International College, Erican College (KLCC Campus), Optopreneur College, SMK Convent Bukit Nanas and The Regency College. In less than 10 minutes drive away, there are several medical centres and hospitals including the Prince Court Medical Centre which is hailed as one of the world’s top 10 hospitals for medical tourists, along with others in the vicinity such as Gleneagles Kuala Lumpur, Tung Shin Hospital, Twin Towers Medical Centre and Al Islam Specialist Hospital and Twin Towers Medical Centre. The nearest Quill City Mall is merely 10 minutes’ walk away while Bukit Bintang, a shopping paradise with an enclave of malls lining up the belt, Sungei Wang Plaza, Lot 10, Isetan and most of Kuala Lumpur’s major shopping places all sits within the vicinity. KLCC and the award-winning Pavilion Kuala Lumpur that are favoured by locals and tourists is also located right around the corner while the popular tourist spots of Chinatown and Central Market are within reach via the GO KL free city bus. Overwhelmed by an endless list of food options, the KL city area has a widespread of cuisine options from top-notch dining places to the famous Jalan Alor street food as well as Lot 10 Hutong Food Court that gather the best-loved national heritage all in one place such as the Kim Lian Kee Hokkien Mee, Kin Kin Chili Pan Mee, Soong Kee Beef Noodle, Ho Weng Kee Ribs Noodle and many more. UEM Sunrise Bhd as one of the leading high-end developers in Malaysia is a flagship company for the township and property development businesses of UEM Group Berhad, a wholly-owned entity of Khazanah Nasional Berhad. Their core competencies include macro township development, high-rise residential, commercial, retail and integrated development as well as property management. As one of the pioneers, UEM Sunrise has been instrumental with the upscale township development of Mont Kiara while in the Southern part of the country, they are the master developer of Iskandar Puteri. Globally they have mixed-use developments in Durban (South Africa) and Melbourne (Australia). The developer is ranked among the Top Ten Developers for eight consecutive years from 2003 to 2010 by The Edge Malaysia and received numerous awards both locally and internationally throughout the years. Summer VOS @ Menara Solaris were launched in a private preview in January 2011 and the units were sold out immediately within two days, with a price starting from RM328,000 onwards. The building attracted many when it was launched back in 2011 and achieved an occupancy rate of 80% within six months upon vacant possession. In Q2 2021 the list price of the said property ranged approximately between RM400K to RM1.1mil. this list of propertiesManaged by SCM Property Services Sdn Bhd, a wholly-owned subsidiary of UEM Sunrise, Summer VOS is a project in good hands with potential appreciation and rental returns. It was awarded Malaysia’s Best Managed Property 2017 and the said development is ideal for sale to young entrepreneurs or individuals who wants to own a property close by to the workplace yet affordable and well-maintained. The development has been commonly used as AirBnB. Hence for investment purposes, this is good rental potential, be it long-term to individuals who prefer staying in the city area, or short term rent to travellers.