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In Progress
The Address @ Taman Desa
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Service Residence
Overview
Table of Contents
The Address Overview
Seputeh; a location with the perfect blend of homely vibes and trendiness has a distinct aura to it. Known famously for its apartments and condominiums, a large number of residents from this area highly prefer living in apartments and condominiums. This could be largely the reason why property types as such are very common in the vicinity. In regards to this, The Address, a low density, residential condominium by Meridian Maxim Sdn.Bhd. is a new property within the enclaves of Taman Desa. Built across a 1.5-acre township, The Address features 2 towers of exclusively designed serviced units topped off with unique facilities and amenities. These 2 towers consist of 376 units with each tower housing 188 units.
Taking into account the diverse area topped off with the close proximity to major entertainment outlets, the pricing of each unit is quite reasonable with a starting price of RM 650,000. Being a purely residential area comes as an advantage. This would enable more peace and relaxation without much of a distraction. This is one of the unique selling points of The Address, which is located in a dense area such as Taman Desa. This project which is set to be completed in the year 2022 is definitely going to be the nation’s top leading projects, especially with the existence of essential benefits that cater to the needs of prospective residents from all walks of life.
The Address Location
Tucked in the heart of Taman Desa, Seputeh, The Address is a gem within the enclaves of the area. With the area of Taman Desa being more populated over the years, finding a property within this area is becoming a rarity. Therefore, The Address might be a great way to finally invest in a property that resonates with the needs of the residents due to the fact that this location is also densely populated with famous entertainment outlets including major shopping complexes, bars, and cafes. It would definitely provide a perfect work-life balance for future residents.
For residents who love being in the great outdoors, Taman Desa boasts a recreational park where prospective residents can carry on with their active lifestyle. As for foodies, there’s an abundance of local and non-local eateries in Taman Desa that would surely satisfy your tastebuds such as Seoul Korea, Shinmapo Korean BBQ, Restoran Sepeteng, Old Tricycle, and Eatomo Food Co. However, being densely populated also comes with its own setbacks. This primarily includes traffic jams and obstructed views of the scenery with skyscrapers and properties of the sort. Despite all this, it’s completely fair to say that a vast majority of properties in the area of Kuala Lumpur would have this issue. Furthermore, Taman Desa is a luxurious location with a high-end security system throughout the entire property.
Connectivity
Akin to the nearby metropolitan cities in Kuala Lumpur, Taman Desa has its fair share of connectivity benefits too. They range from public transportation and even to well-connected roads that lead to popular tourist attractions. These connectivity benefits make investing in The Address really worthwhile. This property is connected to roads such as Jalan Desa Bakti, Jalan Desa Utama, and Jalan Desa Mesra, the Salak Highway, and the East-West Link Expressway. Addressing the issue of traffic jams, residents can opt for public transportation services as the closest metro stations are KD02 Pantai Dalam and KB02 Seputeh stations on the Port Klang and Seremban Lines respectively on the KTM Komuter network. Furthermore, the RapidKL bus route 650 regularly serves Taman Desa. Therefore, this saves a lot of time, money, and energy for prospective residents to commute in and out of Taman Desa. Besides that, there’s also e- hailing services such as Grab and MyCar which are increasingly growing in popularity.
Convenience
With Taman Desa being a luxurious core point of entertainment, a prospective resident would never get bored here. There’s a place for everyone hence, that’s why Taman Desa is a popular hub for people from all walks of life.
For people who like shopping, the nearest shopping malls would be Mid Valley Megamall, Nexus Bangsar South, Bangsar Village, Bangsar Shopping Centre, and Suria KLCC. All of these are within a 3 km to 8.8 km radius, so this would definitely fulfil any resident’s shopping desire within a few minutes. The travelling time would be further reduced with the use of public transportation.
As for prospective residents who love the great outdoors and are athletically inclined, there are a few parks and recreational areas perfectly suited for their needs. These places include the Taman Jaya Park, Taman Desa Public Park, and Taman Bukit Desa Recreational Park. These places are a mere 4 to 6 minutes from The Address.
Parents with school-going children need not worry about their children’s education. Being in a diverse area such as Taman Desa would also mean having a wide option of schools to choose from. Among the schools in the vicinity are Sri Desa International Secondary School, Alice Smith International School, SMK Taman Desa, SK Taman Desa and Kuen Cheng High School (KCHS). Besides that, healthcare facilities are just around the corner too such as the Aman Desa Medical Centre, Pantai Medical Centre and Prince Court Medical Centre.
Shopping
- Mid Valley Megamall
- Nexus Bangsar South
- Bangsar Village
- Bangsar Shopping Centre
- Suria KLCC
Education
- Sri Desa International Secondary School
- Alice Smith International School
- SMK Taman Desa
- SK Taman Desa
- Kuen Cheng High School (KCHS)
Hospitals and Medical Facilities
- Aman Desa Medical Centre
- Pantai Medical Centre
- Prince Court Medical Centre
The Address Floor Plan
The Address consists of 2 towers of stylishly designed service condominium and 376 units situated within 37 storeys. Each unit is sized between 1,118 square feet and 2,319 square feet. Spanning across a 1.5-acre township, The Address would be completed by the year 2022.
The following is a summary of the available room layouts at The Address:
- Type A/A1: 1118 square feet, 3+1 bedrooms, 3 bathrooms
- Type B/B1: 1366 square feet, 3+1 bedrooms, 3 bathrooms
- Type DL2/DL2A: 2319 square feet, 4+1 bedrooms, 4 bathrooms
Typically, an ideal unit for bachelors would be the units from Type A/A1. Although it seems almost too big for an average bachelor, it would serve as a great start-up home for those who are planning to get married soon. Besides that, having a large space could accommodate one’s parents and their needs too if they ever choose to stay with them. Type A/A1 and B/B1 would also perfectly accommodate newlyweds and small families due to the cosiness and comfort that it would provide. Besides that, big families could opt for Type DL2/DL2A which has the biggest built-up size among all three units.
The Address Facilities and Amenities
The facilities and amenities in The Address may seem limited in the eyes of many but nevertheless, under a small land area, it’s actually applaudable that there’s a large variant of amenities included to cater people from all walks of life. The facilities are mainly concentrated in Level 6, with some being in Level 29 too. For the athletically inclined residents, there’s an infinity lap pool, gymnasium and yoga deck which could suit their daily fitness needs. Residents who would just like to find a place to unwind and relax could opt to use the dipping pool. Parents could also have some time to themselves by leaving their children at the children’s pool. Elderlies could use the reflexology pathways provided too. For future residents who are concerned with the safety aspects of the condominium! Not only is The Address secured with a multi-tiered guarded system, but the whole area of Taman Desa is also secured with a Guarded Security Scheme which has resulted in a low crime rate in the area. The Guarded Security Scheme includes a new automated security checkpoint, a boom gate and a 24/7 patrolling service.
Level 6
- Infinity Lap Pool
- Dipping Pool
- Children’s Pool
- Cafeteria/Dining Area
- Guest Lounge
- Convenience Centre
- Male Sauna
- Female Sauna
- Laundrette
- Male Surau
- Female Surau
- Event & Celebration Hall
- Male Changing Room
- Female Changing Room
- Disable Changing Room
- BBQ Corner
- Children’s Playground
- Pavilion
- Reflexology Walk
- Suning Deck
- Viewing Deck
- Yoga Deck
- Hammock
Level 29
- Sky Viewing Deck
- Gymnasium
- Jacuzzi
- Sky Garden
- Reflexology Walk
The Address Property Analysis
The Address comprises of 2 towers with a total of 376 units. The residential units range from built-up areas of 1118 square feet to 2319 square feet. The units are priced at RM 581 per square feet. This is considerably cheaper in comparison with the other projects in the vicinity. Given the location, the high access to external facilities and as well as the extensive security system in Taman Desa, The Address would be of great appeal to various groups including those from lower and average economic groups.
The area of Seputeh, specifically Taman Desa is a completely diverse and luxurious place that caters to people from all walks of life. With the presence of low crime rates, a tight security system, amazing eateries as well as an exciting life that awaits every resident, Taman Desa is indeed a perfect retreat for every prospective buyer out there. The presence of nearby facilities and amenities that makes Taman Desa an exuberant place would definitely bring happiness to anyone who loves having night-outs with their family and friends. Besides that, there’s also an extensive public transportation system topped off with well-connected roads to major entertainment outlets. These elements definitely justify the benefits that one could obtain when investing in The Address.
The main underlying issue within the area of Taman Desa would be the congested area due to the existence of other residential apartments in the vicinity. However, this would be a common sight in almost all properties in the Klang Valley. Also, another significant issue would be the traffic jams during peak hours but this problem could be solved easily by the usage of public transportation and e-hailing services to travel to and fro from work. Initially, this project has faced much controversy due to the fact that it has been built on a narrow 132 feet tract of TNB reserved land. However, with the addition of this high rise building in Taman Desa, it has now been accepted due to its affordable pricing which seems appealing to many prospective buyers. With the project set to be completed in the year 2022, it really looks like this project is going to have major success despite its initial controversy.
Target Market
Since the key takeaways in The Address would be its affordable pricing and high accessibility to major entertainment outlets, this property would mainly attract 2 groups of people. One of the groups would be people from the lower and average economic spectrum. This is mainly due to the fact that the starting price of The Address is RM 650,000 and a price as such in a luxurious township such as in Taman Desa would be an absolute rarity. Another target group would most definitely be people who love an exciting nightlife. This group would mostly consist of millennials due to the fact that they love hanging out with their family and friends in the various entertainment outlets near the residence.
Competitor Analysis
The main property developers in the area of Seputeh are Meridian Maxim Sdn. Bhd., Malaysian Resources Corporation Sdn. Bhd. and Suntrack Development Sdn. Bhd. Among these 3 developmental companies, it’s crystal clear that Meridian Maxim Sdn. Bhd. still tops the spot in terms of its affordability rate which is considerably cheap, taking into account the location of its property. This company definitely knows how to integrate various components into a small space to create a homely space within the metropolitan area of Seputeh.
Delving deeper into the specifics of each housing project, namely The Address by Meridian Maxim Sdn. Bhd, Tria, Seputeh by Malaysian Corporation Resources Sdn.Bhd. and The Riyang, Kuchai Lama by Suntrack Development Sdn. Bhd., here are the comparisons between all the 3 projects.
In comparison to Tria, Seputeh by Malaysian Corporation Resources Sdn.Bhd., The Address is priced at a lower rate. This could be seen from the price per square feet of Tria, Seputeh which is priced at RM 840 per square feet. Meanwhile, The Address is priced at RM 581 per square feet. Besides that, the maintenance fee of The Address is lower than that of Tria, Seputeh. There is a notable difference between the maintenance fee of The Address and Tria, Seputeh due to the fact that The Address is priced at RM 0.26 per square feet and Tria, Seputeh is priced at RM 0.40 per square feet. However, Tria, Seputeh has more facilities than The Address and it also has a more diverse choice of unit types in comparison to The Address.
Apart from that, in comparison to The Riyang, Kuchai Lama by Suntrack Development Sdn.Bhd., The Address is a tad bit expensive because it’s priced at RM 581 per square feet and The Riyang is priced at RM 550 per square feet. The facilities in both these properties are just about the same but The Riyang puts an emphasis on green features like rainwater harvesting system, laminated windows to keep out the heat, multi split air-conditioning, and architectural structures. This differs in comparison to The Address which has a huge emphasis on the affordability rate of the units and as well as the high access to external facilities such as major entertainment outlets. However, the difference is completely understandable as both The Riyang and The Address have different target markets. The Riyang mostly puts people from the upper economic spectrum as its target market. The features provided in each of these properties are just to fulfil the needs of their respective target markets.
Below is a table to further enforce the notion that The Address still tops the spot in an area as competitive as Seputeh as a whole:
wdt_ID | Name | Selling Price | Built-Up Size (sq ft) | Price PSF | Maintenance Fees | Land Title | Type of Houses |
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1 | The Address, Taman Desa | RM 650,000 | Type A/A1: 1118 square feet Type B/B1: 1366 square feet Type DL2/DL2A: 2319 square feet |
RM 581 | RM 0.26 | Leasehold | Serviced condominium |
2 | Tria, Seputeh | RM 642,000 | X1 - 1001 sq ft X2 - 958 sq ft X3 - 1001 sq ft X4 - 797 sq ft X5 - 764 sq ft Y1 - 1518 sq ft Y3 - 1496 sq ft Z1 - 1733 sq ft Z2 - 1991 sq ft Z3 - 2013 sq ft Z4 - 2874 sq ft |
RM 840 | RM 0.40 | Leasehold | Serviced condominium |
3 | The Riyang, Kuchai Lama | RM 813,000 | Type A1-A6 : 1593 sq ft-1776 sq ft Type B1-B6: 1711 sq ft - 1884 sq ft Type C: 1477 sq ft Type D: 2798 sq ft |
RM 550 | RM 0.30 | Freehold | Serviced condominium |
The Address’ Developer: Meridian Maxim Sdn.Bhd.
Meridian Maxim Sdn.Bhd. has a long history in the property development scene of Kuala Lumpur. It is known widely for finding a development potential in Sentul, a once rather slacked township decades ago. Their vision to create quality lifestyles and communities could be clearly seen in their projects which take into account various factors. They have completed quite a number of notable projects namely The Address II, Majestic Maxim Cheras, Maxim Citylights @ Sentul KL and One Maxim @ Sentul KL.
Summary
As a general matter, The Address by Meridian Maxim Sdn.Bhd. Due to its affordability and highly connected location, it is a great investment. Featuring a modern, cosy and luxurious appearance, topped off with an extensive security system, it is clear that this is an investment that should not be overlooked. Prospective residents would certainly find this property of great value.
Details
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Service Residence
Amenities
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Security System
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Barbeque Area
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Cafeterias/Eateries
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Gymnasium
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Jacuzzi
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Pool
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Sauna
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View
Location
Region
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Kuala Lumpur,
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Taman Desa
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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Service Residence
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In Progress
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Service Residence
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In Progress