Residensi Far East

The establishment allows people to live a life of metropolitan-inspired convenience. The high-rise development brings comfort to its residents and is a perfect match for small families and singles that are looking to spend their lives in the hustle and bustle of the city while experiencing great comfort of lifestyle.

Residensi Far East Location

Residensi Far East is a leasehold serviced residence strategically situated within the non-stop blooming Klang Valley region known as Kuchai Lama. Kuchai Lama is similar to the other surrounding areas that make up the federal territory of Kuala Lumpur (KL) as it was once merely a housing suburb with rows of shops run by residents. After years of progression and transformation, the district’s development is thriving both commercially and residentially with so much to offer through the efforts of the government, property developers and the large tight-knit community.

Since Kuchai Lama is located close by to Old Klang Road (Jalan Kelang Lama), it has been considered to be a hot spot for homebuyers to get properties as an alternative to live closer to the city while being away from the hustling and busy streets of Kuala Lumpur, especially during peak hours. This is due to the strategic location whereby major highways connect many roads through the Kuchai Lama roads.

Connectivity

The upcoming Kuchai Lama MRT 2 Station is just about thirty metres to The Residensi Far East Kuchai Lama project. It is well-connected to major roads like Maju Expressway (MEX), Federal Highway, Sungai Besi Highway, New Pantai Expressway (NPE), KL-Seremban Highway and Shah Alam Expressway (KESAS). Due to the convenient accessibility on the roads, the development is just a short drive to some of the important places in Kuala Lumpur, such as the Exchange 106 at the 70-acre Tun Razak Exchange (TRX), Bandar Malaysia, Kuala Lumpur City Centre (KLCC), NSK Trade City, IKEA Cheras and Bukit Jalil National Stadium. Future homeowners at Residensi Far East Kuchai Lama would also have easy access to popular shopping centres like Mid Valley Megamall, NU Sentral, Suria KLCC, Pearl Point Shopping Mall, Sunway Velocity Mall, MyTown Shopping Centre and the other malls around it.

Convenience

Since Kuchai Lama is connected very well to some major highway and Kuala Lumpur routes, Residensi Far East definitely provides a good deal of convenience and accessibility. It is close by to good healthcare facilities like the Taman Desa Medical Centre, clinics, as well as some amazing beauty and grooming salons and centres. Within its close proximity are reputable schools like SMK Sri Sentosa Jalan Kuchai Lama, SJK(C) Tai Thung Salak South, as well as the Pacific University of Technology & Innovation. With this said, Kuchai Lama will surely become a great spot for students and young adults to opt for an even more convenient, comfortable and budgeted lifestyle. A wide variety of educational facilities and schools are available near the development such as SJK (C ) Salak South, Institut Sosial Malaysia, and SK Desa Petaling. Not to forget that Kuchai Lama could possibly be one of the hidden food heaven available in the suburban side of Kuala Lumpur.

There are simply so many restaurants and eateries to choose from such as Restoran Phoenix, Choy Kee Roast Duck, Choy Kee Roasted, Duck (street-side stall), Million Ocean Restaurant, Restoran Fatty Mok Hakka Yong Tau Foo, Hometown Hainan Coffee and many more. Best part is that they are all just within 2-7 minutes’ walk. Some known and established malls are just within 1-3km away and could be easily accessed through the major roads. In short, the facility has all the requirements of living within its vicinity.

Below is the list of amenities and facilities around Residensi Far East Kuchai Lama:

Shopping

• Decathlon Sports Centre
• Econsave
• Mid Valley Megamall
• NU Sentral
• Suria KLCC
• Pearl Point Shopping Mall
• Sunway Velocity Mall
• MyTown Shopping Centre

Education

• SMK Sri Sentosa Jalan Kuchai Lama
• SJK(C) Tai Thung Salak South
• Pacific University of Technology & Innovation
• SJK (C ) Salak South
• Institut Sosial Malaysia
• SK Desa Petaling

Eateries

• Restoran Phoenix
• Choy Kee Roast Duck
• Choy Kee Roasted Duck (street-side stall)
• Million Ocean Restaurant
• Restoran Fatty Mok Hakka Yong Tau Foo
• Hometown Hainan Coffee
• Hawker Stalls
• Pasar Malam

Residensi Far East Floor Plan

The project will consist of 226 units that will be divided into three built-up sizes referred to as Type A, B and C. Type A will have a built-up of 657 sqft, Type B with 864 sq ft and Type C at 1107 sq ft. Floor plans are made such that every apartment has a spacious living for optimal comfort. The 226 units are distributed among the two blocks with 36 storeys. Almost 8 to 10 units are present on each floor served by 3 +1 lifts. Rooms in each unit are either 2 or 3, perfect for singles or small family.

Serviced Residences at the Residensi Far East Kuchai Lama will be available for sale purposes with a launching price of RM459,000 to RM836,000. The price PSF of these apartments is expected to be in the range of RM 700 – RM 833.

• Type A: 657 sq ft. 2 bed, 2 bath
• Type B: 864 sq ft. 3 bed, 2 bath
• Type C: 1,107 sq ft. 3 bed, 3 bath

Residensi Far East Facilities and Amenities

The residency project is highly favoured because of the presence of MRTs and connection with a diverse range of express highways. The Kuchai Lama’s MRT2 Station and Pantai Lama KTM station are only 30 meters away from Far East Residence, opening doors of convenience for the public transport users. There is also an MRT station building up known as Kuchai Lama MRT station on the upcoming Sungai Buloh-Serdang-Putrajaya Line, which is scheduled to be open in 2022.

On the other hand, a large variety of facilities will be offered by this condominium development which includes a Sky Pool that will present a breathtaking view of the KL city, the Sky Gym fully equipped with cardio machines, free-weight area, and comfortable changing room area, a fully air-conditioned Yoga Studio as well. Additional facilities will include the Barbeque Area, Children’s Playground, Function room, Game room, Library, Mini-Mart, Multi-purpose hall, Reading Room, Sauna, 24 hours security and a Surau for both Males and Females.

• Gymnasium
• Yoga Studio
• Sky Lounge
• Library
• Multipurpose Room
• Barbecue Area
• Swimming Pool
• Changing Room (Male/ Female)
• Sauna (Male/ Female)
• Tadika (Nursery School)
• Children Playground
• Function Room
• Reading Room
• Retail/Laundry
• Games Room
• Surau (Male/Female)
• Management Office

Last but not least, the property is well equipped with multi-tier security with 24-hr CCTV surveillance and security guards that are responsible for the safety of residents within the vicinity for a peace of mind living there.

Residensi Far East Property Analysis

The best thing about the subject property is that it’s the nearest development to an MRT 2 station among other recently unveiled projects in Kuchai Lama. As a matter of fact, it’s just 30 metres to the highly-anticipated Kuchai Lama MRT Station. Another plus point is that it’s reasonably affordable compared to other residential projects in the vicinity, such as The Riyang and The Address. Finally, there’s also the fact that Kuchai Lama is a matured township with plenty of existing amenities that will enable future homeowners to have the ease of carrying out their day-to-day activities.

Target Market

After doing a series of analysis, the target market for Residensi Far East would be mainly for small families, young adults and students. Meanwhile, the bigger unit, Type C could also be utilised for growing families and those who wish to rent out for homestays or AirBNB concepts. The two-bedroom units of Residensi Far East would be suitable for singles or young couples, whereas small families could choose the three-bedroom units.

Competitor Analysis

With a built-up area of 657 sq ft – 1107 sq ft , Residensi Far East Kuchai Lama will set potential buyers to own properties from RM 700 per sq ft. The development is expected to be completed in 2021 and will surely attract personal homeowners and investors alike. The launch price for all unit types is expected to be between RM RM459,000 – RM836,000, which by default is a very good value to homebuyers.

Compared to other developments within close proximity, Residensi Far East Kuchai Lama could be easily considered as costly and being in the high range, costing from RM700 per sq ft on leasehold land. The range however is also affected due to its surrounding, condo amenities as well as accessibility to public transportation, facilities and major highways.

Other projects such as Hermington, Kuchai Lama start from RM410 per sq ft on leasehold land. Meanwhile, The Riyang, Kuchai Lama for a freehold land project, costs only from RM550. Nonetheless, the layout and convenience obtained from Residensi Far East Kuchai Lama is also proven to be in high standards and quality complying to the cost of the project.

Besides that, considering its strategic location, Residensi Far East offers great convenience, connectivity, luxury living and comfort within its proximity. Residents are promised to live with great security, multiple facilities and a guaranteed quality of lifestyle in the metropolitan living neighbourhood concept. Homeowners of Residensi Far East can easily enjoy the breathtaking Kuala Lumpur City view from the sky pool while making beautiful memories with loved ones any day at no extra cost. It all comes in under the perks of staying in a high rated serviced apartment.

Residensi Far East Developer: Far East Kuchai Development Sdn Bhd

Far East Kuchai Development was set up by printing company Far East Offset & Engraving Sdn Bhd. Apparently, Koh Lean Chong, the father of the Managing Director Koh Seng Tee started the printing business in 1970, with the printing plant operating in Kuchai Lama. The plant was subsequently moved to Seri Kembangan and the land was slated for redevelopment.

The group was looking for new business opportunities and decided to develop homes in Kuala Lumpur. Far East Kuchai Development was incorporated in November 2016. Residensi Far East will be developed on the land where the printing plant was located. They started planning about two years ago, and then MRT Corp told it needed to acquire one-third of the land.

Their land has been divided into two by the acquisition of the MRT track that runs across it. The Koh generation wishes to make it a medium-to-high range project that caters to the middle class and uses quality materials because it is their first building project and reputation is extremely important to them.

Summary

Residensi Far East Kuchai Lama is marketed as an exclusive, quality and affordable homes for those looking for comfort and serenity while living close to facilities and city life. It has very clear value propositions in terms of location, amenities, developer, connectivity and of course comes in great affordability. Considering this is Far East Kuchai Development Sdn Bhd’s first ever project, rest assured that the developers will be providing only the best of quality and services to property buyers while making sure a smooth and enjoyable living experience in Klang Valley’s high rise building with city view.