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Overview
Table of Contents
Alix Residences Overview
TA Global Berhad (TA Global) is a premium lifestyle property company listed on the Main Market of Bursa Malaysia. The Company is involved in three principal segments: property development, property investment, and property management.
With a sleek, modern design, a luxurious finish and a highly desirable location, Alix Residences is a spectacular freehold new addition to Kiara North’s impressive skyline. This new development by Orchard Park Sdn Bhd, a subsidiary of TA Global Bhd, raises the bar when it comes to providing first-class cosmopolitan living experience in Kuala Lumpur. This stunning low-density 2-towers development which sits on a 4.55 acre of freehold land, comprises 364 freehold units with a built-up from 1,012 to 6,544 sq ft. Tower A has 35 storeys and Tower B has 22. It is thoughtfully designed and amenities rich.
Inspired by the word ‘Elixir’, Alix Residences was designed with sophistication and elegance. As the name suggests, it has a state-of-the-art present-day architectural style. It is inventive and showcases a sleek and neat aesthetic landscaping.
Alix Residences comes with more perks than just a first-class living space. It offers the chance to live, work and play all within one location. It is also easily accessible via these Expressways: Other infrastructures nearby include the Penchala Link and Jalan Tuanku Abdul Halim. For those who rely on public transports, there are two stations which are just 15 minutes from Alix Residences: Alix Residences is a stylish solution for students and teaching professionals in search of accommodation in the area. It is very safe as it is gated and guarded. It is also located near many schools. It is a mature estate so there are many medical establishments. There is never a shortage of things to do around Alix Residences. This place is bustling with exciting activities every weekend. There are night markets, fashion shows, film screenings and art exhibitions. Alix Residences offers various types of room configurations and spacious layouts that are relevant to the market’s needs. Single-key, dual-key, garden and penthouse units will be offered with 2-bedroom, 3-bedroom, 3+1 bedroom, 4-bedroom and 4+1- bedroom layouts. TYPE – A1 TYPE – A2 TYPE – A3 TYPE – A3 (G) PENTHOUSE TYPE 1 PENTHOUSE TYPE 2 TYPE – B1 TYPE – B2 TYPE – B2 (G) TYPE – B3 TYPE – B4 Alix Residences is designed to redefine luxury living, unique in any measure, every detail is considered. Not only is the location of Alix Residences outstanding, but all the interiors also are modern and fitted to the highest standards, with clean contemporary lines and stylish fittings. It includes a variety of stellar fitness amenities that promotes the well-being of the body, mind and soul, making healthy living enjoyable and inspiring. The curated amenities at Alix Residences offer an oasis where residents enjoy the best in recreation and relaxation. The aim is to offer residents a luxurious home with sophisticated facilities at the doorsteps. There are also complimentary bespoke services from a dedicated concierge team and attentive 24/7 security staffs. Alix Residences is absolutely a perfect celebration of home on a grand scale. There are many luxury developments near Alix Residences as shown in the table below but the developer offers an abundance of choice to suit all tastes and needs at a highly competitive and affordable price. The target market is the upscale markets of professionals, expatriates, young families and upgraders who are in their 30s, 40s and 50s. Generally, more homeowners than investors are expected as more and more people are looking for larger and affordable premier apartments in the city which is near the centre of trade and business. The cosy two-bedrooms units are suitable for singles or young couples and the three-bedroom units are good for small families. There are the very spacious penthouses, four and five rooms units which will be the perfect choice for bigger families. North Kiara is strategically located between Mont Kiara and Desa Park City and it has witnessed an increase in developments in recent years. Properties in North Kiara are a mix of low, middle and high-end housing schemes, with high-rises being the most recent trend. Developers have redefined the landscape to accommodate the spillover residential demand in Mont Kiara. The area is still undergoing redevelopment and since it is an extension of Mont Kiara, prices are still within the affordable range and will keep up until the whole neighbourhood matures. Few condominiums within 2km from Alix Residences Residence are selected for comparisons in terms of built-up and prices. Verdana is the oldest building completed in 2014, followed by Concerto in 2014, Scenaria in 2016, Anjali in 2017 and lastly Alix Residences to be completed in 2023. All condominiums are sited on freehold land. The Alix Residences and Verdana offer a larger range of built-up areas between 1,000 sq ft and 6,000 sq ft and 3,000 sq ft. Most other condos are of a similar size, averaging between 1,000 sq ft and 1,500 sq ft. In comparison to other condominiums in the area, Alix Residences clearly targets a wider market. Affluent families and those with high middle-class incomes would be attracted to the size and price of the apartment. Alix Residences is the only residence with multiple layouts of penthouses, each with a private pool and a garden terrace. Selling price of Alix Residences starts slightly above RM700 psf while other residences selling price start between RM500 – RM600 psf. It is slightly higher than average price range in North Kiara between RM600-RM700 psf. The price seems equitable for Alix Residences that has emerged as the proud winner of 8 categories in the 2020-2021 edition of the Asia Pacific Property Awards (APPA). Among them, the development received 5-star accolades and has also received regional-level nominations for three categories. Developed on a 4.55-acre of land, Alix Residence is a low-density development with a total of 364 units in comparison to other residences that have more than 600 units. Other than more contemporary design provided in Alix Residences, it also offers the first sky futsal facility in the area. Despite a challenging property market, Alix Residences can still be attractive as both towers feature spacious layouts centred on family living with its best-in-class facilities. It offers single-key, dual-key, garden and penthouse units crafted with attention to details to provide homeowners with an exceptional living experience. TA Global Berhad has many developments and they include landed residences, high-rise condominiums, commercial projects, and hotels in prime locations. Luxury bungalows and semi-detached villas in Damansara Idaman and Idaman Villas, Petaling Jaya, Idaman Residence next to KLCC are some of the other developments. TA Global is also launching a project next to its headquarters in Kuala Lumpur. Currently, it is named TA3 and TA 4. The two-towers development will boast 242 private residences, 601 serviced apartments and a 548-key hotel. Located beside Menara TA One and opposite the Petronas Twin Towers, this project is a development comprising two towers of 58 and 66 storeys. The developer also plans to launch a RM 3 billion, 15-acre mixed-use development, Ativo Annexe, in Bandar Sri Damansara. It will comprise a shopping mall, office towers, a college, medical centres and senior living apartments. They will be selling the office and residential towers and managing the environment and tenants of the mall. There is another on-going project which is tentatively named Nova Square. It is located in Jalan Imbi and the 2.68 billion three-towers development will offer 1,838 serviced apartments, with built-ups of 582 and 1,086 sq ft. It is scheduled to be launched in 2021 and the developer intends to keep one of the towers as this is the first project where the interior is designed by TA Global. TA Global plans to sell a RM550 million project in mid-2021. It is a two-tower residential development named Ativo Suites at Bandar Sri Damansara which was launched in March last year. It has 668 serviced apartments with built-ups from 499 to 1,490 sq ft. The highest price point is around RM1,000 PSF and the take-up rate is 70% to 80%. Outside of the Klang Valley, the developer has another RM450 million big project in Kluang, Johor. It is their maiden project in Johor, spanning 95 acres, comprising 524 landed properties with a good mix of 3-storeys terraced houses, semi-detached houses and bungalows. It will be launched in early 2020. The company owns and runs hotels in Australia, Canada, Singapore, China and Thailand. Their portfolio of hotels includes the Radisson Blu Plaza (Sydney, Australia), The Westin Melbourne (Australia), Swissotel Merchant Court (Singapore), Aava Whistler Hotel (Canada), Swissotel Kunshan (China), Movenpick Resort & Spa, Karon Beach, Phuket (Thailand) and The Trump International Hotel & Tower (Canada). In Singapore and Sydney, there are plans to redevelop the hotels by building additional rooms on the top. The company is also looking for new opportunities in Canada, Australia, Tokyo and Seoul. The Little Bay Cove development in Australia is worth RM482.3mil (AU$162mil), which is 99.4% sold, while more than 80% units are sold for Ativo Suite. TA Global’s Q1’18 net profit almost tripled to RM230.15mil from RM57.56mil a year ago, due to the disposal of Australian property and compulsory land acquisition by the federal government.
Alix Residences Location
Connectivity
Convenience
Education:
Medical Services:
Shopping:
Recreation:
Grocery Stores:
Nightlife Venues:
Alix Residences Floor Plan
Built-up: 1,615 SQ.FT
3 Bedrooms•3 Bathrooms•Dual Key
Built-up: 1,938 SQ.FT
4 Bedrooms•4 Bathrooms•Dual Key
Built-up: 2,476 SQ.FT
4+1 Bedrooms•5 Bathrooms
Built-up: 4,381 SQ.FT
4+1 Bedrooms•5 Bathrooms•1 Pool•1 Roof Garden
Built-up: 6,544 SQ.FT
4+1 Bedrooms•5 Bathrooms•1 Pool•1 Roof Garden
Built-up: 4,865 SQ.FT
4+1 Bedrooms•5 Bathrooms•1 Pool•1 Roof Garden
Built-up: 1,744 SQ.FT
3+1 Bedrooms•4 Bathrooms
Built-up: 1,819 SQ.FT
4 Bedrooms•4 Bathrooms•1 Study Room•Dual Key
Built-up: 3,552 SQ.FT
3 Bedrooms•3 Bathrooms•1 Study Room•1 Pool•1 Roof Garden•Dual Key
Built-up: 1012 SQ.FT
2 Bedrooms•2 Bathrooms
Built-up: 1,485 SQ.FT
3+1 Bedrooms•3 BathroomsAlix Residences Facilities and Amenities
Facilities and Amenities:
Alix Residences Property Analysis
Target Market
Competitor Analysis
wdt_ID Development Selling price Built-up size (sq ft) Price psf Land tenure Completion
1
Alix Residences
From RM830,000
1,000-6,500
From RM820
Freehold
2,023
2
Anjali
From RM775,000
1,300-1,850
From RM596
Freehold
2,017
3
Scenaria
From RM550,000
1,000-1,300
From RM550
Freehold
2,016
4
Concerto
From RM930,000
1,700-2,100
From RM547
Freehold
2,015
5
Verdana
From RM700,000
1,400-3,000
From RM600
Freehold
2,014
Alix Residences’ Developer: TA Global Bhd
All in all, the company owns 720 acres in Malaysia, from which 162 acres are planned for developments with a gross development value of RM14.2bil. The developer’s main focus is on the domestic market as all the overseas developments are fully sold.
