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In Progress
Akasa Cheras South
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Service Residence
Overview
Table of Contents
Akasa Cheras South Overview
Formerly known as Serdang New Village, Seri Kembangan had been tremendously transformed over the years. The once-popular area for cottage industries such as shoe-making and type settings services now boasts tall skyscrapers and luxurious residential projects. In correlation to that, Akasa Cheras South, a resort-like, luxurious developmental project, would definitely add on to the perks that Seri Kembangan has to offer. Built across freehold land that spans a whopping 430,000 square feet, this project by Hap Seng Land is set to bring peace that a resort entails to its fellow residents. Located in Jalan Balakong which is an industrial federal road, the connectivity to various locations both nearby and in other districts of Selangor should not be a problem.
With “Live, Play and Have Fun” as their tagline, it is to no doubt that Akasa Cheras South will live up to its expectations. The developers have placed a huge emphasis on bringing to life the dream of owning an affordable luxury home for those who believe in luxury amenities and aspire for a high standard of living. This would definitely be of great appeal to residents who would want a comfortable and relaxing lifestyle without breaking the bank. In short, investing in Akasa Cheras South is a good choice for those who believe in improving their lifestyles at a lower cost. The location of Akasa Cheras South in Jalan Balakong is quite strategic considering the fact that it’s perfect for people from all walks of life to enjoy the benefits of having a well-connected residence. With this serviced residence being in an urbanized area, the whole area is crowded with eateries both local and international cuisine and cafes. Foodies would never be disappointed with investing in it as it would satisfy their cravings especially, by being in this area. This location would also provide fitness enthusiasts with an opportunity to embrace the great outdoors whilst carrying out their fitness regiment. This is mainly because there are a few recreational parks and spaces in the vicinity such as Lake Valley and Taman Rekreasi Bandar Mahkota Cheras. A good work-life balance could be achieved easily with the existence of these external amenities. Besides that, with all the hype that an urban area could entail, the area of Seri Kembangan is also popular with its nightlife, similarly to its other city counterparts such as Bangsar. There are tons of entertainment outlets in the form of shopping malls and bars that would satisfy family-friendly groups and even youngsters who would love a good round of drinks with their friends. There are a number of ways to travel to and from Akasa Cheras South, as it is located in Seri Kembangan, be it in Kuala Lumpur or even to the South of Peninsular Malaysia. The residents of this serviced residence will definitely benefit from being well-connected, especially those who enjoy sightseeing and travelling. The area is located at the intersection of three toll roads; PLUS E2, Besraya E9 and KLS E37. This township is located near the western edge of the Maju Expressway E20. KESAS E5 and MRR2 are nearby. Therefore, Seri Kembangan is known to motorists traveling from southern Selangor, Negeri Sembilan, Malacca or Johor as the southern gateway to Kuala Lumpur. In terms of public transportation, there are railway stations in Seri Kembangan and the main station serving the area is KTM Serdang. As an alternative, one could also opt for the LRT services, such as the Sungai Besi LRT Station which is about 4km north from Seri Kembangan. To facilitate public transportation users further, a new MRT station would be built in the area under the KVMRT2 project. Besides that, with the growing popularity of e-hailing services such as Grab and MyCar, commuting to and fro would never be a hassle. From majorly convenient shopping malls to fun recreational areas, the conveniences one would get from an area such as Seri Kembangan is endless. It will eventually give a wholesome living experience to its fellow residents. These residents would never be bored in a location as Seri Kembangan especially, since Akasa Cheras South is located in the city centre. In regards to the shopping malls, there are many major shopping malls within the vicinity such as AEON Mall Cheras Selatan, AEON Big, Amerin Mall, The Mines Shopping Centre and BMC Mall. This would be useful for monthly shopping with the family or even for a day out with the loved ones. These malls would only take a minimum of 6 minutes to reach. As for minor grocery shopping, there are various mini markets available to satisfy the needs of the residents. Restaurants in the area which range from local delicacies to international cuisine are a major highlight too especially since the area is famous for its street food. When it comes to education, the area of Seri Kembangan comes with great schools both government and international. Among the schools in the vicinity would be Kingsgate International School, Australian International School Malaysia, Alice Smith School, SMK Seri Kembangan, Hua Xia Private School, SJK(C) Bukit Serdang and Integrated Islamic School Bukit Jalil. These schools are located about 9 minutes away from Akasa Cheras South. There are also some healthcare facilities available in case of an emergency. Among those healthcare facilities would be Columbia Asia Hospital, Pusat Rawatan TCM NG and Golden Forest Healthcare. Akasa Cheras South consists of 998 tastefully designed units within 3 towers. These towers, namely Tower A, Tower B and Tower C each have differing number of units and storeys. Tower A has 35 storeys with 614 units. Tower B and C both have 29 storeys and 192 units each. Tower A has the highest density in comparison to Tower B and Tower C. This is because Tower A consists of 22 units per floor while Tower B and C would only have 9 units per floor. Each unit is priced between RM482,888 to RM1,207,888. There are 7 different layouts to choose from and these layouts range from 850 to 2048 square feet. With the diverse units available, the residents are spoilt for choice. Analysing the needs of the residents according to the size of the family, it could be said that an ideal unit for bachelors would be Type A due to the slightly small but cosy space it brings forth. Similarly, newlyweds and married couples could opt for both Type A and Type B because these units could provide a nice environment as great start-up homes. For soon-to-be expanding families, units from Type C, C1, D and F would accommodate the needs of a bigger family and there will be no issues with the spacing in that case. As for readily big families or families with elderlies, these families could opt for units from Type E and G. One distinct feature of the units from Type G would be the fact that there’s the existence of a maid room and a study room that would be respectively beneficial for families with maids and families with school-going children. The room can also be used as a guest room. Being inspired by a resort-like environment, the developers have put a lot of effort into making the whole concept into a reality. The luxurious facilities and amenities in Akasa Cheras South are situated on 3 floors namely Level 7, 29 and 36. A prospective resident would never get bored in a place as such. The facilities in this property cater to a diverse group of people regardless of age or gender. On par with the resort-like experience, some of the facilities include a sandy beach, cabana and a hammock garden. Fitness enthusiasts could use the various amenities provided such as the jogging track, meditation and calmness zone, gymnasium, martial arts room and the Olympic length lap pool. There are facilities where the elderlies could do less strenuous activities such as the reflexology belt and the Zen Garden. Besides that, for youngsters who would just like to relax after a long and tiring day, there’s the lazing deck, reading corner and lounge area. The Kids Entertainment Zone would serve as a great addition for children who love meeting with their peers and having some fun with them. This would be perfect to boost one’s communication skills. A unique speciality of the facilities in Akasa Cheras South is the existence of the star gazing decks. This would be extremely beneficial for a date night without having the hassle of having to travel outside. Avid stargazers would be extremely happy too. Level 7 Level 29 Level 36 Akasa Cheras South comprises of 7 different types of units that are uniquely designed to meet the prospective residents’ expectations of a cosy and modern home without having to break the bank. The 998 units in this luxurious property have built-up sizes that range from 850 to 2048 square feet that are priced between RM 482,888 to RM 1,207,888. The area of Seri Kembangan has a different aura altogether. Despite being surrounded by bustling cityscapes, it also puts an utmost importance to green living. In this case, it could be shown by the properties developed in the vicinity that somehow manage to combine both urban and green living together. With the smallest unit priced at RM 482,888 and the largest unit priced at RM 1,207,888, residential units as such are a luxury in an area as competitive as Kuala Lumpur. Therefore, it is a valuable investment to make especially by prospective buyers from the average economic spectrum. Since it’s built on freehold land, this investment would be lifelong and it would benefit the future generation of the investors too. Topped off with the amazing facilities that one could benefit from investing in this property, a prospective investor would definitely never regret this investment. A resort-like getaway within one’s abode is a once in a lifetime opportunity for the buyers. The only problem with the area would be the traffic jam. However, when it comes to Kuala Lumpur itself, traffic jams are a common sight. Logically, the more urbanized an area is, the more traffic jams one should endure in order to travel in and about the area. Luckily, there are public transportation services that would reduce the daily hassle of the residents. There are clearly 2 main target groups for Akasa Cheras South. The first one being prospective residents from the average economic spectrum. These prospective residents would definitely find this project to be of great appeal due to the fact that the pricing is affordable. Topped up with taking housing loans, one could own a residential unit in a resort-like inspired abode for a reasonable price tag. The smallest unit is priced at RM 568 per square feet and it consists of 2 bedrooms, 2 bathrooms and 1 utility room. This is sufficient for this group of residents as a growing family both physically and financially. The second target group for this property is future residents who love relaxing within their own home. The structure of Akasa Cheras South, as aforementioned, is based on a resort-inspired concept. With the facilities and amenities provided that are tailored to the needs of this concept, one could easily find relaxation within the residences. The main property developers in the vicinity would be Hap Seng Land Sdn. Bhd., Bludream City Development Sdn. Bhd. and Hua Yang Bhd. These 3 developers have carved their own name in the property development scene of Kuala Lumpur. All of them are equally professional and prestigious. However, there are a few factors that would make Akasa Cheras South by Hap Seng Land Sdn. Bhd. more desirable than the other projects. These factors mainly revolve around the built-up size, the different types of layouts that it has to offer, the land type and the pricing per square feet. In comparison to Akasa Cheras South by Hap Seng Land Sdn. Bhd. and Dream City by Bludream City Development Sdn.Bhd, Akasa Cheras South still has the upper hand. This is because it has a freehold land tenure while Dream City has a leasehold land tenure of 99 years. This shows that Akasa Cheras South is a lifelong investment that could benefit the future generation greatly. Besides that, the facilities provided by Akasa Cheras South are more extensive in comparison to that of Dream City. While Akasa Cheras South provides resort-inspired facilities, Dream City has facilities that are indifferent to the other developmental projects in the vicinity. Another distinct factor between these 2 projects is the price per square feet. In this case, Akasa Cheras South has a minimum price per square feet of RM 568 while Dream City has a minimum price per square feet of RM 600. This proves that Akasa Cheras South is more affordable. However, when it comes to the size of the units, the largest unit of Dream City is sized at 2560 square feet while the largest unit in Akasa Cheras South is 2048 square feet. Dream City and Akasa Cheras South both consist of various interesting layouts of units too. It could be assumed that the values of both of these units are very similar sans their respective land tenure. Moving on to the comparison between Akasa Cheras South and Zeta Residence @ One South by Hua Yang Bhd, it could be seen that Zeta Residence @ One South is also built on leasehold land. When it comes to the layouts, both properties have a proportional number of choices. It should be noted that Zeta Residence @ One South is a mixed development project, so there are also SOHO units available too. The pricing of Zeta Residence @ One South starts from RM 751,755. This means that the price per square feet is RM578 per square feet. It is slightly more expensive in comparison with Akasa Cheras South. The facilities are very generic and they could also be seen in other similar properties. Below is a table to further enforce the notion that Akasa Cheras South still tops the spot: Hap Seng Land is a prestigious development company that upholds both modernity and the needs of their prospective buyers. This company is an integrated property player involved in property development as well as property investment. Although Hap Seng Land has a short history in West Malaysia, it is now an award-winning company with a reputation for quality and innovation. Among some of the awards won are the Asia Pacific Property Awards 2016, Highly Commended Residential High-rise Development Malaysia for Aria Luxury Residence, the 2009 FIABCI Award For Menara Hap Seng Office Development Category and the FIABCI Malaysia Property AwardTM 2017 Winner of Residential (High Rise) Category. Some of their award-winning projects are Aria Luxury Residence, Nadi Bangsar Service Residence, The Horizon Residences and D’Alpinia, Puchong. In short, Akasa Cheras South is a worthwhile investment given the pricing and facilities provided. It definitely caters to a wide range of buyers and it would also be the nations’ top property in the years to come. In the long run, this is definitely an investment that any buyer would never regret due to its emphasis on comfort and an urban lifestyle. Akasa Cheras South Location
Connectivity
Convenience
Shopping
Education
Hospitals and Medical Facilities
Akasa Cheras South Floor Plan
Akasa Cheras South Facilities and Amenities
Facilities and Amenities
Akasa Cheras South Property Analysis
Target Market
Competitor Analysis
wdt_ID Development Built-Up Size (sq ft) Selling Price Price PSF Maintenance Fee Land Title
1
Akasa Cheras South by Hap Seng Land Sdn. Bhd.
Type A1: 850 square feet
Type B: 1,000 square feet
Type C: 1,155 square feet
Type C1: 1,155 square feet
Type D: 1,500
Type E: 2,048 square feet
Type F: 1,421 square feet
Type G: 2,000 square feetRM 482,888 to RM 1,207,888
RM 568
RM 0.25 psf
Freehold
2
Dream City by Bludream City Development Sdn. Bhd.
One Bedroom: 550 square feet
Two Bedroom: 1,100 square feet
Three Bedroom (Sky Villa): 1,430 square feet
Junior Penthouse: 1,630 square feet
Penthouse A: 1,900 square feet
Penthouse B: 2,560 square feetFrom RM330,000
RM 600
RM0.30 psf
Leasehold
3
Zeta Residence @ One South by Hua Yang Bhd
Type A: 1,055 + 258 square feet
Type A1: 1,055 + 245 square feet
Type B: 1,184 + 173 square feet
Penthouse (Lower): 2,247 square feet
Penthouse (Upper): 1,625 square feetFrom RM751,575
RM 578
RM0.35 per sq.ft. for unit RM0.10 per sq.ft. for lobby area
Leasehold
Akasa Cheras South’s Developer: Hap Seng Land Sdn. Bhd
Summary
Details
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Service Residence
Amenities
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Barbeque Area
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Badminton Court
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Cabana
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Gymnasium
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Jogging Track
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Multipurpose Hall
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Pool
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Pool Deck
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Surau
Location
Region
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Selangor,
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Seri Kembangan
Neighbourhood
Video
Floor Plan
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In Progress
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Service Residence,
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SOFO
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In Progress
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In Progress
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In Progress