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In Progress
Aster Residence
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Condominium
Overview
Table of Contents
Aster Residence Overview
Located to the south-east of downtown Kuala Lumpur, Cheras is home to rapid urbanization. Once known as a place solely proposed for low-cost homes, Cheras is now home to luxurious residences and is the epitome of modernization. In line with the grandeur city life comes Aster Residence Cheras, a luxury development project consisting of 960 residential units housed within 38 floors.
The units come in a diverse range of built-up sizes and to top that off, this residential project is located in a really strategic location amidst other highly coveted residential projects too such as Maxim Residences, Suasana Lumayan and Shamelin Star. This further proves that Aster Residence Cheras is located in a very strategic location, perfect for residents who would want to live in a less secluded area. The developer of Aster Residence Cheras, Amber Homes Sdn. Bhd. is indeed a very prominent name in the property development industry. By the development of Aster Residence, they have definitely proved themselves once again as credible and futuristic housing developers in the vicinity. With the integration of homely vibes and modern living, Amber Homes Sdn. Bhd. has definitely paid attention to the needs of prospective residents who would want a modern home with a classic feel to it. This integration is definitely on par with the surroundings of Cheras too. Being a well-planned development, Aster Residence has an aura of modernity and sophistication to it. However, it also manages to maintain the homely feel that the area of Cheras has to offer. Located in Jalan Cheras Hartamas, Aster Residence is located in close proximity to a few highly coveted residential projects such as Maxim Residences @ Cheras KL, Suasana Lumayan, M Vertica, Cloud Tree @ Cheras and Shamelin Star. The location of these other residential projects might give a sense of security to a few prospective residents who refuse to live in secluded areas in fear of their safety or the lack of external amenities. In general, the entire area of Cheras adds on to the wide range of benefits that a prospective resident could get from investing in Aster Residence. Be it the bustling entertainment outlets, the plethora of eateries or the luxury malls that surround the area, it is to no doubt that properties in the vicinity of Cheras are in high demand. Major malls such as Cheras Sentral Mall, EkoCheras Mall and Medan Connaught are all located in close proximity to Aster Residence. Although Cheras primarily focuses on providing the best city life experience to its inhabitants, non-city lovers would also find solace within the enclaves of the area too. With the existence of nature trails and parks in the area, the residents would be thrilled to find a new relaxation spot during the weekends. This includes Ketumbar Hill, Bukit Saga Waterfall and Bukit Apek. With the rise of population in the area of Cheras and its other counterparts in the Klang Valley, public transportation may seem like the best option for those who dislike getting stuck in traffic jams and enduring the daily hassle of finding parking spaces for their motorised vehicles. The developers had definitely planned the development of Aster Residence thoroughly. The residents do not have to worry about travelling to and fro as public transportation is easily accessible in the area of Cheras. This includes the Cempaka and Pandan Indah LRT Stations and the MRT services via the Batu 11 Cheras MRT Feeder Bus T417. Bus services are not popular in Cheras but that could be compensated with the wide choices of e-hailing services, existing in the vicinity such as Grab Car and Gojo Services. As for those opting for using motorized services, this well-connected area is surrounded by highways such as the MRR2, East-West Link and Cheras Kajang Highway. Despite being dubbed as a major entertainment spot which is of high appeal to millennials, Cheras caters to a wide range of inhabitants too. From having high accessibility to daily necessities such as grocery stores and shopping outlets, education facilities, quality medical facilities and nature parks and trails, Cheras is a well-rounded area that would suit the needs of many people. The entertainment outlets in Cheras are not only diverse but they are located in close proximity to Aster Residence too. This would be perfect for any spontaneous night out with friends and family members. In addition, these facilities would ensure a fun time out without the hassle of travelling long distances. These shopping malls and entertainment outlets include Cheras Sentral Mall, EkoCheras Mall, Medan Connaught, Cheras Leisure Mall and 1 Shamelin Mall. These major shopping centres are both very accessible given the travel duration of 5 to 11 minutes from Aster Residence. For nature lovers, there are tons of spots to carry out nature-oriented activities. These are located slightly farther away from the hectic city of Cheras. This includes Ketumbar Hill, Bukit Saga Waterfall and Bukit Apek. These are all located within 11 to 22 minutes away from Aster Residence itself. Cheras is also home to many educational institutions. The following schools are also located in Cheras: Chempaka National School, Sri Sempurna International School, SMK Cheras, REAL International and Private Schools, Sekolah Jenis Kebangsaan (Tamil) Cheras, Beaconhouse Newlands International School, Oxburgh International School (formerly known as Oxburgh Academy), Sekolah Kebangsaan Kampung Cheras Baru, Sekolah Alam Shah (SAS) Higher education institutions include UCSI University, Wawasan Open University, and the United Nations University – International Institute for Global Health (UNU-IIGH). As for the healthcare services in Cheras, there a quite a number of quality hospitals and medical facilities such as Pantai Hospital Cheras, Hospital Pakar Kanak-Kanak, Universiti Kebangsaan Malaysia, Hospital Rehabilitasi Cheras and UKM Specialist Centre. Aster Residence consists of 960 units of stylishly designed serviced apartments housed within 38 floors. Each unit is sized between 650 to 1,009 square feet. With 5 different layouts to choose from, this project is set to be completed in 2022. The starting price of the units in Aster Residence varies between RM 350,000 and RM 538,000 according to the view and design of the unit. The units are classified into 5 different types of units with Type C and C1 having the same features but different configuration. In general, the ideal units for bachelors would be those from Type A. These units are relatively small but it comes with great value for those living by themselves. However, if they would prefer a more spacious unit with car parking facilities, Type B would be the next go-to unit. For small families, both units from Type C and Type C1 are great for a homely living concept. The existence of the car parks makes it easier for the residents too. Big families, however, could opt for units from Type D which comes with a duplex concept, meaning there are 2 floors to this unit. This is a unique feature in Aster Residence and would cater to people living with elderlies or with many children. The facilities and amenities in Aster Residence focus more on giving a wholesome lifestyle to its residents. Some of the facilities provided in this project include obstacles play, interactive playground and rock climbing. These are unique and not emphasised in other projects in the vicinity. Having rock climbing activities as one of their facilities could be a unique selling point to the developers. Besides that, there are also many athletically inclined facilities such as a basketball court, futsal court, badminton court, gymnasium and a swimming pool. The BBQ shelter provided would be perfect for family gatherings too. There are also rest nodes which would be very useful for the elderlies to unwind and relax. Apart from that, for those who would prefer to unwind after a hectic day of work, the green lawn, pavilion and sunken seating would be the most suitable facilities to use. There’s also 24/7 security services too. Aster Residence comprises 5 different types of units that are stylishly designed to cater to the needs of the prospective residents. These units are within the built-up size of 650 square feet to 1009 square feet. They are also priced beginning at RM 350,000 and RM 538,000 depending on the design, configuration and layout. In other words, each unit is priced at approximately RM 538 per square feet. As aforementioned, the area of Cheras is a vibrant area with a perfect mix of modernity and classiness. Aster Residence just adds on to the luxurious outlook that Cheras is currently aiming for. Apart from the various entertainment outlets that exist in the vicinity of Cheras, the fascinating nature trails complement the urbanized nature of Cheras too. This would make Aster Residence a well-balanced property which caters to the need of various prospective residents. The presence of internal facilities within Aster Residence proves to be wholesome with the addition of rock climbing facilities and an obstacle course too. The pricing of the units in Aster Residence is quite common especially in an area as dense and populated as the Klang Valley. This would definitely accommodate the needs of buyers from the higher economic spectrum and above-average economic spectrums. These groups would invest in profitable properties such as Aster Residence due to its modern concept and close proximity to certain facilities. Synonymous with the other areas in and about the Klang Valley, the area of Cheras has a high congestion rate too. This, however, could be solved with the usage of public transportation services. There are a few particular groups that may be interested in investing in Aster Residence. The first group of people would be those from the upper and average economic spectrum. This would be largely contributed with the fact that the units are priced at RM 538 per square feet. This is considerably feasible for the residents from an average economical background and in this case, this group of people would come from white-collared jobs. Besides that, there’s also another group that may be interested in Aster Residence. This would include large families. The reason is that Aster Residence provides the units from Type D. These are units with a duplex concept. This would be highly accommodating to residents with large families. Apart from that, millennials might be highly interested in investing in this property especially with the help of housing loans. With the presence of entertainment outlets and shopping malls in the vicinity, millennials would find this very convenient for a fun night out with friends and family. The main property developers in the area of Cheras are Meridian Maxim Sdn Bhd, Zalam Group and Amber Homes Sdn Bhd. These developers have a dominating presence in the Cheras area mainly due to their high-quality developmental projects. While Maxim Residences has a wide range of facilities itself, nothing compares to Aster Residence’s capability in providing amenities such as rock climbing and obstacles play. The existence of facilities as such would promote an active lifestyle amongst its residents. In terms of the pricing, Aster Residence has a fixed rate which is RM 538 per square feet. The pricing of the units in Maxim Residences on the other hand is subject to the type of the units. In this case, the units could range from RM 415 to RM 619 per square feet. When it comes to comparing Aster Residence to Cloud Tree@Cheras by Zalam Group, it could be seen that Aster Residence lacks in some aspects. These aspects include the pricing and the built up sizes. In terms of the pricing, the units of Cloud Tree@Cheras, are priced at RM 391 per square feet. This is cheaper than the units of Aster Residence. In addition to that, the built up sizes of Cloud Tree @Cheras are more diverse than that of Aster Residence. This is due to the fact that the built up sizes of Cloud Tree @Cheras range from 893 to 2500 square feet. However, if there was a distinguishing factor between Aster Residence and Cloud Tree@Cheras, it would definitely be the fact that Aster Residence has units with a duplex concept. Below is a table to further compare these 3 properties in the Cheras area: With a vision to transform the city lifestyle through a union of the senses, where comfort meets practicality, Amber Homes definitely lives up to its reputations. Being a prominent developing company in the Cheras vicinity, Amber Homes never disappoints its residents and investors alike. They have always sought after reaching a new dimension in urban living, which is a very difficult balance to strike especially pertaining to the building of cosy homes. Among their past projects, including Casa Green @ Bukit Jalil, a very prominent property in the area of Bukit Jalil itself. In conclusion, Aster Residence by Amber Homes is a great investment to make, especially considering the fact that it accommodates the basic wants and needs of an average resident. With the integration of modernity and sophistication to create a homely feel, this property would definitely be the talk of the town upon its completion in 2022. Aster Residence Location
Connectivity
Convenience
Shopping
Education
Hospitals and Medical Facilities
Aster Residence Floor Plan
Aster Residence Facilities and Amenities
Full List of Facilities and Amenities:
Aster Residence Property Analysis
Target Market
Competitor Analysis
Comparing between Maxim Residences @ Cheras KL by Meridian Maxim Sdn Bhd, and Aster Residence, it is quite clear that Aster Residence still tops the spot in terms of facilities and the pricing.
wdt_ID Development Built-Up Area (sq. ft.) Selling Price Price PSF Land Tenure Completion Year
1
Aster Residence
650 - 1009 sq ft
RM 350,000
RM 538
Leasehold
2022
2
Maxim Residences @ Cheras KL
619 - 1082 sq ft
RM 362,700
RM 380
Leasehold
2017
3
Cloud Tree @ Cheras
893 -2500 sq ft
RM 350,000
RM 391
Freehold
2016
Aster Residences Developer: Amber Homes
Summary
Details
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Condominium
Amenities
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Basketball Court
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Badminton Court
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Barbeque Area
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Gymnasium
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Multipurpose Hall
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Park
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Playground
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Pool
Location
Region
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Cheras,
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Kuala Lumpur
Neighbourhood
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