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The Azure Residences
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Apartment
Overview
Table of Contents
The Azure Residences Overview
Kelana Jaya, home to the famed Paradigm Mall, is a diverse area which focuses on giving the best living experience for its residents. This suburb is part of Petaling Jaya, comprising sections SS3, SS4, SS5, SS6 and SS7. From an outsider’s perspective, the focal point of development in Kelana Jaya is centred on rapid urbanization especially with the emergence of new shopping malls, entertainment outlets and educational institutions over the past decade itself.
Synonymous with the modern ambience of Kelana Jaya comes, The Azure Residences, a developmental project. The developer of this project is Jelas Puri Sdn Bhd, a subsidiary of WCT Holdings, one of the largest developers in Malaysia. This leasehold project is integrated with Paradigm Mall, making this one of its highlights. The developers aim to create a living space that is of high convenience for its residents in terms of accessibility to major facilities. Priced between RM 589 and RM 1,038, the 189 units in The Azure Residences are housed within 30 storeys. This pricing of each unit is normal especially in an area as exclusive as Kelana Jaya. With the existence of a high connectivity rate between major cities and the area of Kelana Jaya, it is no doubt that this is a great investment to make especially in the long run. Located right behind Paradigm Mall, The Azure Residences never lacks in both good connectivity and accessibility whilst maintaining a homely aura to its units. From the location of this developmental project, it could be noted that this is a well-planned project which utilizes the minimal land space provided to provide maximum comfort. Besides having Paradigm Mall as the main highlight of this location, Kelana Jaya hosts various shopping centres and entertainment outlets too such as Sunway Pyramid, IOI Mall, Empire Shopping Gallery and Jaya Shopping Centre. This would ultimately be the main attraction factor to millennials. In the midst of the hustle and bustle of city life, prospective residents who would prefer a peaceful life might be uninterested in investing in The Azure Residences. However, rest assured that there are many peaceful spots within the vicinity. Therefore, these residents’ peace and tranquillity would not be affected. Nature-lovers should rejoice too as there are various nature trails and parks nearby this property too such as the Subang Ria Recreational Park, Lake Park, Hutan Pendidikan Bukit Gasing and the Kelana Jaya Lake Park. With the various modes of transportation provided, it is no doubt that Kelana Jaya is well connected. This includes public transportation services and e-hailing services too. For private motor vehicle users, the main routes into Kelana Jaya would be via the Damansara-Puchong Expressway and the Federal Highway. These roads are definitely bound to have traffic jams, especially during peak hours. However, there are alternatives to travel. In this case, it’s the usage of public transportation such as LRT services and bus services. For the LRT services, the Kelana Jaya LRT station is located at SS4. It functions as a bus and taxi hub too. These buses move from this station going out to the rest of Kelana Jaya and adjacent suburbs such as Bandar Utama, Cyberjaya, Putrajaya, and Subang Jaya. Besides this, the Taman Bahagia LRT station, Lembah Subang LRT station and Ara Damansara LRT station are also nearby. In addition to that, the buses which serve the Kelana Jaya SS7 area are T607 and T624. E-hailing services are gaining in popularity too in Kelana Jaya. Various e-hailing services could be obtained on demand such as Grab and GOJO. Diversity in choices is one of the key highlights in an area such as Kelana Jaya. This is mainly because there are tons of places of attraction that one could explore. There’s a place for everyone regardless of their age or gender. It caters the needs and wants of every prospective resident. For residents that love going on shopping sprees, the nearest shopping malls would be Paradigm Mall, Sunway Pyramid, IOI Mall, Empire Shopping Gallery and Jaya Shopping Centre. These shopping malls are located between 5 minutes to 15 minutes from The Azure Residences. The nearest shopping mall would indeed be Paradigm Mall itself. The close proximity of Paradigm Mall to The Azure Residences would be extremely beneficial to carry out last-minute grocery shopping too. As for prospective residents who are nature enthusiasts, there are a few parks that would be great for a short stroll. This way, these residents could maintain a busy work lifestyle and stay active at the same time. Among the recreational parks available for public use are the Subang Ria Recreational Park, Lake Park, Hutan Pendidikan Bukit Gasing and the Kelana Jaya Lake Park. These parks are all located within a duration of 7 to 19 minutes from the developmental project. The Azure Residences is also located close to some of the nation’s finest educational institutions namely, MAZ International School PJ, Sri Emas International School, Beaconhouse Sri Inai International School, Nobel International School, GEMS International School – Tropicana Metropark, Fairview International School Subang Jaya Campus, SJK (T) Seaport, Stella Maris School Medan Damansara, Sekolah Jenis Kebangsaan (Tamil) Vivekananda, SMK Bandar Sunway, and SK Taman Dato’ Harun 1. Besides that, there are quite a number of medical facilities available within the vicinity. This includes Sunway Medical Centre, Beacon Hospital Sdn Bhd, Columbia Asia Hospital – Puchong and KPMC Puchong Specialist Center. The Azure Residences consists of 189 stylishly designed serviced units, housed within 30 floors. Each unit is sized between 756 square feet to 1,815 square feet. These units are all built on leasehold land with a standard tenure of 99 years. In addition to that, The Azure Residences has been completed in the year 2017. Typically, an ideal unit for bachelors would be the units from Type B, B1, BA and BAA. This is because having a study room would come in handy especially, for bachelors working in white-collared jobs who have a high tendency to complete some of their work at home too. As for working couples, the units from E and E1 would be suitable for their usage as having 2 study rooms could come in handy when accomplishing certain workplace-related tasks at home. This goes the same for families with school-going children. The extra study room could be used by the children to work on their academics and school-related endeavours. For big families, it’s highly suggestible that they opt for the units from Type A, A1, AA, and AA1. These units would give the residents the comfortability that they deserve. Apart from that, big families could opt for the units from G, G1, H and H1 due to the large space that these units offer. In terms of both the facilities and security services, The Azure Residences never fails to impress its residents. The Oasis Zone, or more commonly defined as the main hub for all the facilities in The Azure Residences, hosts various amenities that primarily focus on relaxation. This could be shown via the existence of a dipping pool, lap pool, kid’s pool, playground, reflective ponds and relaxation pods. These amenities would be extremely suitable for those who strive to strike the perfect work-life balance by working hard and relaxing well at the same time too. Besides that, there’s also meeting rooms, a gymnasium, daycare centre and prayer room to accommodate residents and their daily needs. As for the security services, there’s CCTV surveillance on every floor, a guarded car park entrance, guarded lift lobby entrance and card access system to lifts and units. Apart from that, there’s also a multi-storey car park, sprinkler system and an environment with cool ventilation. With all these facilities, it is to no doubt that one’s stay in The Azure Residences would be hassle-less. The Azure Residences comprises 189 units of residential units housed in 30 storeys. The residential units come in 20 different layouts with built-up sizes between 756 square feet to 1,815 square feet. This residential project is definitely located in a strategic location that accommodates the needs and wants of every prospective resident. This would be of great appeal to the millennials due to a large number of entertainment outlets in the vicinity. This project also focuses on providing the best in-house facilities which is in line with the concept of relaxation. This would enable more of its residents to obtain a good state of relaxation without much stress. Apart from that, the connectivity rate is definitely very high. This is due to the ease of access to major highways. However, if there was one prevailing problem in the entire state of Selangor is definitely the traffic jams. However, fret not! The usage of public transportation could ease this issue. There are 3 different target groups that would consider The Azure Residences a vital investment. The first target group would be millennials. This is mainly because, with the existence of major entertainment outlets and ease of access to mega food chains and restaurants, it is no doubt that the millennials would opt for a home that’s close to these basic needs. Looking at the socioeconomic groups, it could be decided that the ones investing in this property would be the ones from average and higher than average economic groups. This is mainly being contributed by the price per square feet that lies between RM 589 and RM 1038, depending on the type of unit purchased. This means the minimum price of the unit would be RM 445,300. Besides that, the final target group that would be most interested in investing in The Azure Residences would be those who are currently working in Kelana Jaya. With the high connectivity rate and affordable pricing for the smallest of units, many workers would choose to live here instead. Plus, it saves the residents from the hassle of getting involved in more traffic jams, being located in areas far away from the city. The main property developers in the area of Kelana Jaya would be WCT Land Sdn. Bhd., EXSIM Development Sdn. Bhd. and Loh & Loh Corporation Berhad. However, it’s clear that WCT Land Sdn. Bhd. tops the spot as one of the best development companies in Kelana Jaya. With a strategic location and Paradigm Mall located right next to it, The Azure Residences has a huge emphasis on integrating both work and leisure. Delving deeper into the specifics of each housing project, namely The Azure Residences by WCT Land Sdn. Bhd., The Arcuz by EXSIM Development Sdn. Bhd. and Panorama Residences by Loh & Loh Corporation Berhad, here are the comparisons between all the 3 projects. In comparison to The Arcuz by EXSIM Development Sdn. Bhd, The Azure Residences by WCT Land Sdn. Bhd. has the upper hand. This is mainly due to the fact that The Arcuz has a limited choice of layouts. The Azure Residences on the other hand has 20 different layouts to choose from, making this more customer-friendly. In terms of the pricing, comparatively, The Arcuz has a price of RM 770 per square feet whereas The Azure Residences has a pricing of RM 589 per square feet. The latter is definitely more reasonable in comparison to that of The Arcuz. However, in terms of the facilities provided, The Arcuz still tops the spot with the existence of its infinity lap pool and emphasis on a modern urban living. While Panorama Residences focuses more on giving the best facilities to its residents, The Azure Residences is mainly centred around its pricing and providing its prospective residents with a good number of layouts to choose from. The pricing of Panorama Residences is at RM 749 per square feet. This again is far from the price per square feet of the units in The Azure Residences. Below is a table to further enforce the notion that The Azure Residences still tops the spot in an area as competitive as Kelana Jaya: As one of Malaysia’s distinguished corporate names, WCT Holdings Berhad needs little introduction, standing tall for its sterling track record in the engineering and construction industries as well as property development. Its scope of expertise covers F1 racing circuits, airports, dams and water supply schemes, expressways and highways, civil works, interior fit-out works and buildings. Established in 1986, WCT Land Sdn. Bhd. is the property development arm of WCT Holdings Berhad. Since its inception, WCT Land has grown to become an award-winning, nationwide developer with landmark projects, ranging from townships such as its maiden project – Klang South to luxury homes, high-residence as well as premium shopping malls. WCT has given some of Malaysia’s most popular shopping malls including the Bukit Tinggi Shopping Centre and Paradigm Mall. It has also developed the iconic, integrated complex-getaway at KLIA2. To date, WCT has delivered in excess of 14,000 residential and commercial properties amounting to a Gross Development Value (GDV) of RM3.45 billion. It currently has a land bank of approximately 850 acres in Malaysia. In Johor, the company has a significant presence in the Iskandar region and has set a new luxury benchmark with the successful launch of 1 Medini Residence. Riding on the success of 1 Medini, soon to come are 1 Medini Garden Villas and the 456-unit luxury apartment, Medini Signature (GDV 400 million). Moving forward, the company continues to seek new opportunities – expanding its land bank nationwide and overseas (Vietnam) as well as growing its Paradigm Mall and Premiere Hotel brands. On a general note, The Azure Residences by WCT Land Sdn. Bhd. is a remarkable investment to make especially in a highly priced area such as Kelana Jaya. In terms of its ease of accessibility and emphasis on a good security system, the residents of this property would never regret their decision in investing in this property. With an elegant outlook topped off with good surroundings, The Azure Residences should definitely be on the top of the list of investments one has to make. The Azure Residences Location
Connectivity
Convenience
Shopping
Education
Hospitals and Medical Facilities
The Azure Residences Floor Plan
The Azure Residences Facilities and Amenities
Facilities
The Azure Residences Property Analysis
Target Market
Competitor Analysis
wdt_ID Project Name Built-Up Size (sq. ft) Selling Price Price PSF Land Tenure Completion Year
1
The Azure Residences
756 sq. ft. - 1815 sq. ft.
RM 855,000 - RM 2,200,000
RM 589 - RM 1038
Leasehold
2017
2
The Arcuz
753 sq. ft. - 978 sq. ft.
RM 580,000
RM 770
Leasehold
2023
3
Panorama Residences
749 sq. ft. - 1030 sq. ft.
RM 570,000 - RM 780,000
RM 749
Freehold
2022
The Azure Residences’ Developer: WCT Holdings Berhad
Summary
Details
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Apartment
Location
Region
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Petaling Jaya,
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Selangor
Neighbourhood
Video
Floor Plan
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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
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In Progress