Antara Residence

Antara Residence is a freehold serviced apartment with 458 units, and each unit is thoughtfully designed and provides residents with a beautiful view of Putrajaya Lake. The built-up sizes of the units range from 583 square feet to 1,006 square feet. The units are housed in two 29-storey residential towers with five podium floors and two basement floors. The theme of Antara Residence is the ‘Hanging Gardens of Putrajaya’ and every floor will have a beautiful sky garden as well as a rooftop herb garden. Antara Residence also has a range of facilities to cater to the needs of both children and adults such as the kids pool, yoga studio, and gymnasium.

Antara Residence is built over 1.3 acres of land and has a gross development value of RM179 million. Antara Residence is a development by Nadi Cergas Development and is due to be completed in February 2021.

Antara Residence Location

The Federal Territory of Putrajaya is the federal administrative centre of Malaysia. It has a unique location, being enclaved within the Sepang district in Selangor. It is also adjacent to Cyberjaya, a key town in the Multimedia Super Corridor in Malaysia. The Multimedia Super Corridor is a Special Economic Zone and high-technology business district, where many multinational companies and data centres are located.

The population of Putrajaya is approximately 91,900, with a population density of 1,900/km². The population is mainly made up of government servants, as most of Malaysia’s government ministries are located at Putrajaya. The demographics of Putrajaya is made up of 97.4% of Malays, 1% of Indians, 0.4% of Chinese, and 1.2% of other ethnicities.

Putrajaya is a well-planned township, marked with stunning architecture, open spaces, and wide boulevards. The traffic flow is relatively smooth in most areas. However, there have been cases of traffic congestions previously reported at three busy intersections during peak hours. These three intersections are located at Lebuh Wawasan near Precinct 8, the area near the Attorney-General’s Chambers in Precinct 4, and the entrance to Kampung Dato’ Abu Bakar Baginda. However, traffic police have since been stationed at these areas to ease traffic congestion.

Residents of Antara Residence will have peace of mind when it comes to security as the development has three-tier security access, where an access card is needed to access the guardhouse, main entrance, and the lift area. The Putrajaya District Police Headquarters is located 6.8 km away from Antara Residence. Two other police stations which are the Cyberjaya Police Station and the Precinct 11 Putrajaya police station are located 7.5 km and 10 km away respectively.

Connectivity

Putrajaya has access to major highways such as the South Klang Valley Expressway (SKVE), and the Damansara-Puchong Expressway (LDP), Maju Expressway (MEX), the North-South Expressway Central Link (ELITE), and the Putrajaya Cyberjaya Expressway.
In terms of public transportation, the Putrajaya Sentral is the main transportation hub in Putrajaya. It is located 7.1 km away from Antara Residence. Both the Nadi Putra bus services and the Rapid Kuala Lumpur (Rapid KL) bus services have terminals here. The Nadi Putra bus line runs within urban areas of Putrajaya. The Rapid Kuala Lumpur line connects Bandar Utama, Serdang and Cyberjaya. There is also a taxi stand at Putrajaya Sentral.

The Kuala Lumpur International Airport (KLIA), Malaysia’s main international airport is located 23.8 km away from Antara Residence. The KLIA Transit Express Rail Link (ERL), which runs from KLIA to Kuala Lumpur Sentral also has a station in Putrajaya Sentral. The upcoming Mass Rapid Transit (MRT) Line 2, which would connect Sungai Buloh to Putrajaya is due to be completed in 2023. The proposed Kuala-Lumpur-Singapore High-Speed Rail project will also have a terminal in Putrajaya.

Convenience

In terms of healthcare facilities, the Putrajaya Hospital is located 6.9 km away from Antara Residence. The upcoming Cyberjaya Hospital that is due for completion in 2021 is located 12.9 km away from Antara Residence. There is also a government clinic (Klinik Kesihatan) that is located 8.3km away in Precinct 9.

There is a healthy blend of public and international school options for parents with school-going children. Both the primary and secondary government school of Precinct 5 Putrajaya is located 1.7 km away from Antara Residence. There are also international school options such as the Nexus International School and the Brainy Bunch, an International Islamic Montessori school. In terms of tertiary education options, the Multimedia University Cyberjaya and the Lim Kok Wing University of Creative Technology is located less than 11 km away from Antara Residence.

The DPulze Shopping Centre, located 8.5 km away from Antara Residence, would be a perfect spot to buy groceries, catch a movie, or have a good meal. Another option would be the Alamanda Shopping Centre which is located 9.2 km away. The largest shopping mall in Southern Klang Valley, which is the IOI City Mall is located 15.9 km away within IOI Resort City. Residents looking to buy groceries and fresh produce will be able to do so at The Hero Supermarket, which is located 4.5 km away from Antara Residence.

Hospitals

• Putrajaya Hospital (6.9 km)
• Klinik Kesihatan Putrajaya Presint 9 (8.3 km)
• Cyberjaya Hospital (12.9 km)
• Serdang Hospital (16.3 km)

Education

• Heriot-Watt University Malaysia (1.0 km)
• Brainy Bunch Cyberjaya (International Islamic Montessori School) (8.5 km)
• Sekolah Menengah Kebangsaan Presint 5 Putrajaya (1.7 km)
• Sekolah Kebangsaan Presint 5 Putrajaya (1.7 km)
• Sekolah Menengah Kebangsaan Presint 8 Putrajaya (7.9 km)
• Sekolah Kebangsaan Presint 8 Putrajaya (7.6 km)
• Multimedia University (MMU) Cyberjaya (9.7 km)
• Lim Kok Wing University of Creative Technology (10.6 km)
• Nexus International School (11 km)

Malls

• Hero Supermarket (4.5 km)
• DPulze Shopping Centre (8.5 km)
• Alamanda Shopping Centre (9.2 km)
• Tamarind Square (9.6 km)
• IOI City Mall (15.9 km)

Antara Residence Floor Plan/Storey Plan

There are 458 units of serviced apartments at Antara Residence, with four different types of layouts. Below are their floor plans:

• Type A1/ A1L (583 square feet)
• Type B1 / B1L (796 square feet)
• Type B2/B2L (817 square feet)
• Type C1/C1L (1006 square feet)

There are a total of 133 units of Type A, 277 units of Type B and 48 units of Type C. Type A would be suitable for a single occupant while Type B1 and B2 would be suitable for a young married couple, a small family with children or a retired couple. Two single working professionals would also find this unit to be a suitable option. Type C with 3 bedrooms and 3 bathrooms would be suitable for a larger family or even a small multigenerational family looking for a place to live together.

Antara Residence Facilities and Amenities

Health-conscious individuals and fitness enthusiasts will enjoy the gym and yoga studio at Antara Residence. It is always convenient to have such facilities nearby, especially after a long day at work. The pool is an ideal place for families to spend time together. A rooftop garden with breathtaking views of the Putrajaya Lake would also be a great place for residents to relax after a long day. A children’s playground, a wading pool, and a wet children’s playground are also available.

Residents can also look forward to hosting gatherings at the BBQ area and two function rooms. The BBQ area is conveniently located just in front of the swimming pool, making it an ideal place to relax with loved ones. For days when quieter moments are needed, residents can look forward to spending time at the Reading room or taking a tranquil walk at the herb garden. In line with the theme of ‘Hanging Gardens of Putrajaya’, each floor will have a unique and beautiful sky garden, giving residents a peaceful space to wind down and relax.

Facilities and Amenities

• Swimming Pool
• Pool Deck
• Wading Pool
• Wet Children’s Playground
• Children’s Playground
• Reading Room
• Seating Lounge
• Function Room
• BBQ Area
• Pavillion
• Herbs Garden
• Yoga Deck
• Outdoor Gym
• Gym (Level 7)
• Yoga Studio (Level 7)
• Deck (Level 7)

Antara Residence Property Analysis

There are a total of 458 units of serviced apartments that are housed in two 29-storey residential towers. The built-up sizes of the units are from 583 square feet to 1006 square feet, with two or three bedrooms in each unit. The development is built over 1.3 acres of land with freehold tenure and is due for completion in February 2021.

Target Market

The middle-income earners (M40) would be the targeted buyers for Antara Residence to ensure that the monthly housing loan repayments are within one-third of total income. As of 2020 in Malaysia, the M40 income earners have a minimum total income of RM 4,850 per month.

Antara Residence would be a good choice for working professionals in the Putrajaya, Cyberjaya and surrounding areas. Even working professionals in the Kuala Lumpur City Centre would find Antara Residence a suitable choice as the city centre is thirty minutes away. Both young married couples as well a small family looking to purchase the first property, would find Antara Residence a good option.

Families with school-going children would appreciate the education options around Antara Residence. Antara Residence would also be suitable for retirees looking for a smaller home amidst peaceful surroundings. Investors looking for a property would be attracted to the location of Antara Residence that would ensure a good supply of renters from the working professionals in the area or even tertiary students studying in surrounding universities.

Competitor Analysis

In terms of built-up sizes, although the range of built-up sizes of Antara Residence is smaller, it would meet the needs of the target market of Antara Residence. Busy working professionals would prefer a smaller size that would entail less clean-up and maintenance. In terms of price per square feet, there is only a small difference between Antara Residence, Aura Residence and Dwiputra Residence.

However, between these three developments, Antara Residence is the newest one. Although Flora Rosa Condominium bears the lowest price tag, however, the larger built-up sizes might not fit the requirement of Antara Residence’s target market.

Antara Residence Developer: Nadi Cergas Development

The developer of Antara Residence is Nadi Cergas Development Sdn. Bhd. (Nadi Cergas), a subsidiary of Gagasan Nadi Cergas. Gagasan Nadi Cergas is a public listed company which was formed in 1995. Over the years, Gagasan Nadi Cergas has grown from strength to strength and has a track record of delivering high-quality projects. The four core businesses of Nadi Cergas are in construction, concessions, utility services and property development.

Nadi Cergas was established as a natural transition into property development after having strong design and build expertise. Nadi Cergas has a strong team specialising in building construction, development planning, architectural and engineering design, and quantity surveying. One of Nadi Cergas’ missions is to support the Malaysian government to provide affordable housing for Malaysian citizens.

Upcoming projects from Nadi Cergas includes a 352-service apartment development in Lorong Haji Hussein 2 in Chow Kit, Kuala Lumpur. The development will be completed in the year 2023 and will have the latest amenities. The gross development value of this development is RM 125.4 million. Nadi Cergas is also developing a private township in Ulu Yam, Selangor. The township will have a total of 447 residential and commercial units. There will also be interesting sustainable living facilities within this township. With a total GDV of RM 125.4 million, this project will be completed in 2022.

Summary

Antara Residence boasts of a great location in Putrajaya and is fitted with modern facilities and amenities to provide residents with a wonderful living experience, for both the young and the old. With the city centre thirty minutes away, Antara Residence is a sanctuary away from the busy city centre. Set in a beautiful surrounding with a delightful view of the Putrajaya Lake, residents will have a peaceful haven to call home.