The Valley Residences

The Valley Residences Location

The Valley Residences is strategically situated in Setiawangsa, a suburb in the east of Kuala Lumpur. It is located less than 4 km from the city centre and its major neighbouring areas include Titiwangsa, Wangsa Maju and Ampang. Setiawangsa is concentrated with numerous residential properties ranging from low-cost apartments and affordable houses to new and modern condominiums.

In general, residential properties in Setiawangsa are highly sought after due to its proximity to the city centre. This is exemplified by the residential properties located at Setiawangsa Heights/Bukit Setiawangsa. As the name suggests, this area is positioned high up on the hills in the midst of a quiet surrounding while it is just minutes away from the bustling city centre. Setiawangsa Heights is often dubbed as the ‘Hollywood Hills’ of Kuala Lumpur by the locals.

Setiawangsa is a predominantly Malay neighbourhood whereby residents of this area mostly consist of Malay, followed by Chinese and Indian. It is a self-contained neighbourhood in a way that it has an array of facilities and amenities such as local markets, supermarkets, shopping malls, Malay and Western restaurants, educational institutions, mini stadium and more. While residents here may not be able to find hip hangouts like in Taman Tun Dr Ismail or Sri Hartamas, it is jam-packed with conveniences. Moreover, the city centre with all its trendy offerings is just around the corner.

Residents in this suburb may experience notable traffic jam during rush hour, particularly at Jalan Jelatek in the direction to the city centre. Another stretch of road that residents may encounter traffic jam is Middle Ring Road II (MRR2), in the direction to Ampang Jaya. However, the condition of traffic jam in the area is not as worse as it is in the city centre.
Residents in Setiawangsa are safeguarded by police officers based in Setiawangsa Police Station, which is just 1 km away from The Valleys Residences. Note that another police station, Hulu Kelang Police Station, is also a short distance (1.5 km) drive from the development.

Connectivity

The Valley Residences is accessible via major roads and highways including Jalan Taman Setiawangsa, Jalan Setiawangsa, Jalan Enggang, Ampang Elevated Highway (AKLEH), Duta Ulu Kelang Expressway (DUKE), Middle Ring Road II (MRR2) and Setiawangsa-Pantai Expressway (SPE) (under construction). These expressways allow seamless journeys to and fro the city centre as well as other areas nearby such as Petaling Jaya, Ampang, Wangsa Maju and Kepong.

Residents also have access to LRT service easily whereby Setiawangsa and Jelatek LRT Stations are just 1.6 and 2.6 km away from the residence. They can either drive to the station or hop onto the free Go KL City Bus (Turquoise Line: Dato’Keramat LRT Station – Setiawangsa) at KL436 Pangsapuri ATM Setiawangsa bus stop, which is just 250 m away from The Valley Residences.

Convenience

Two supermarkets – AEON Mall AU2 and Giant Supermarket Setiawanga are within walkable distances (400 and 500 m, respectively) from The Valley Residences, making the process of shopping for groceries effortless for residents. Popular shopping malls in the city centre such as Suria KLCC and Pavilion KL are just a short drive (14 – 17 minutes) from the residence. Together with Great Eastern Mall and Wangsa Walk Mall that are also near the development by 11 minutes’ drive, residents have plenty of shopping destination choices to choose and go to.

Prestigious international schools of Fairview International School, The International School of Kuala Lumpur and Sayfol International School can be reached in 9 – 11 minutes from the residence by car. This is good news for parents residing at The Valley Residences who may consider sending their children to a reputable international school near home. Numerous private and government medical institutions are found in the vicinity of the residence whereby one takes 10 – 19 minutes’ drive to these institutions.

Surrounded by the beauty of nature, residents can catch up with nature by hiking Bukit Dinding and Bukit Tabur that are 5 and 18 minutes’ drive away, respectively. In addition, families can visit Titiwangsa Lake Garden and Zoo Negara in the region. A variety of amenities such as restaurants, banks, petrol stations, clothing stores and clinics are all found nearby the residence.

Transportation

• Setiawangsa LRT Station
• Jelatek LRT Station

Shopping

• AEON Mall AU2
• Giant Supermarket Setiawangsa
• Great Eastern Mall
• Wangsa Walk Mall
• Suria KLCC
• Pavilion KL

Education

• Fairview International School
• The International School of Kuala Lumpur (ISKL)
• Sayfol International School

Hospital

• Gleneagles Medical Centre
• HSC Medical Centre
• KPJ Ampang Puteri Specialist Hospital
• Prince Court Medical Centre
• Kuala Lumpur Hospital

Recreational

• Titiwangsa Lake Garden
• Bukit Dinding
• Bukit Tabur Trail @ Banjaran Titiwangsa
• Zoo Negara

The Valley Residences Floor Plan

Built on 4.66 acres of leasehold residential land in Setiawangsa, The Valley Residences consists of three towers with a total of 1,309 condominium units. The towers with heights of 44, 49 and 55 storeys are designed to resemble three mountains overlapping between valleys, evoking the surrounding natural backdrop of Bukit Dinding and Titiwangsa mountain chains. It is also the tallest property development in Setiawangsa. The Valley Residences offers four types of unit, measuring from 800 – 1318 sq. ft. Each unit has a minimum of three bedrooms and two bathrooms with one being the master bathroom. Residents can enjoy astounding views over greenery nearby at the balcony of their home, which comes as standard for all units.

Type A is the smallest (800 sq. ft.) unit at The Valley Residence with three bedrooms and two bathrooms. Note that one of the bathrooms is shared between members of the unit. Similar to Type A, Type B unit also has three bedrooms and two bathrooms. However, Type B unit is much larger in size (1,018 sq. ft.) compared to Type A and it is a dual key unit. There are separate lockable doors at the foyer of the unit leading to the studio/master bedroom and the main unit section comprises two bedrooms and a shared bathroom.

Type C is a unit with a size of 1,118 sq. ft. It has three bedrooms, in which one of the bathrooms is shared between the common area and a bedroom. Type C unit has an additional study room that all other unit types do not offer. This is useful for those who need some privacy when they are working or studying at home. Type D is the largest (1,318 sq. ft.) unit amongst all types with four bedrooms and three bathrooms. Similar to Type B unit, Type C unit adopts a dual key concept, in which the studio/master bedroom is separated from the main section of the unit.

In short, Types A, B and C units are suitable for small-sized families whereas Type D unit perfectly suits medium-sized families based on the number of bedrooms in each unit type. On a side note, Type B and D units also appeal to investors who are seeking their first residential property while hoping to reduce the burden of the house mortgage. They can live in the main section as a family and lease the studio to working professionals and vice versa.

The Valley Residences Facilities and Amenities

The Valley Residences features over 60 facilities spread across five levels of facility decks that make sure the residents of all ages enjoy an exquisite high-rise living lifestyle. Sporting spaces such as swimming pool, gyms, squash courts and rock climbing are specially prepared for residents who live an active lifestyle. On the other hand, social avenues such as multipurpose lounge, savoury garden, BBQ corners and sky theatre are created to ensure the residents to have a complete community living experience. Facilities at the residence are also child-friendly with the presence of a wading pool, kindergarten room and nursery room.

The safety of the residents at The Valley Residences is guaranteed by 24-hr security, CCTV surveillance, card access system, and security checkpoints at crucial areas.

Facilities

• Ground floor
• Olympic-size swimming pool
• Jacuzzi cove
• Pool deck
• Wading pool
• Mezzanine deck
• Outdoor shower
• Sauna
• Orchard forest
• Savory garden
• Wellness path
• Lantern pod

Level 1

• Power MMA gym
• Crossfit gym
• Squash courts
• Aerobic room
• Dance/Yoga studio
• Chill out lounge
• Canopy walk
• Kindergarten room
• Nursery room

Level 3

• Nestle patio
• Huddle corner
• Siesta deck
• Multipurpose lounge

Level 9

• Rock climbing
• Forest verandah
• Function banquet
• Hammock groove
• Croquet lawn
• Acupressure path
• Tea pavilion
• Zest gym
• Multi-purpose hall/ badminton court & table tennis
• Convenience store
• Sierra playpark
• BBQ corners
• Outdoor lounge/dining
• The playroom
• Laundry room
• Laze corner

Towers A-C: sky deck

• Sky party lounge
• Breeze lounge
• Sky theatre
• Family lounge
• Sky jacuzzi
• Sky laze bed
• Meditation deck
• Skyline BBQ deck
• Sky dining

The Valley Residences Property Analysis

The construction of The Valley Residences is expected to be completed by 2023 with SkySierra Development Sdn Bhd as the developer. The gross development value of the residential project is estimated to be RM 700 million. The Valley Residences is the first phase of the 13-acre leasehold parcel occupying 4.66-acre plot. The second phase of the parcel is the commercial component comprising a retail mall, corporate offices and serviced apartments that are set to be launched either at the end of next year or in early 2022. The package of residential and commercial elements contained within the 13-acre land appeal to those who enjoy the convenience of facilities and amenities at their doorstep. This experience is further enhanced by the abundance of facilities and amenities around and within the residential property.
The strategic location of The Valley Residences in Setiawangsa definitely appeals to urbanites who desire to stay close to nature while just steps away from urban development. The excellent connectivity of the residence proves to be the plus point for attracting prospective buyers who value connectivity more than other matters.

Target Market

The Valley Residences targets niche residents of small- to medium-sized families, upgraders, investors and newlyweds depending on the types of unit offered. Type A units, which occupy 8 – 10% of the entire development, are catered for young people who are seeking their first home. The majority of the unit Types B and C are comfortable for newlyweds and families. The remaining 10% will be Type D that is suitable for upgraders. Type B and D units also appeal to investors as previously mentioned. These categories of residents most likely come from medium- and high-income brackets based on the selling price of the property.

Competitor Analysis

Three relevant residential condominium properties, i.e., Kaleidoscope Residensi Setiawangsa, Seri Maya Condominium and One Jelatek Condominium, have been chosen for comparison against The Valley Residences. First of all, all the properties sit in Setiawangsa with the three selected developments are reachable from The Valley Residences by car in 5 minutes.

The price PSF of Kaleidoscope Residensi is the highest followed by that of The Valley Residences. Nevertheless, The Valley Residences has the advantage of being the latest condominium residence to be introduced in the region with completion in 2023. This is followed by Kaleidoscope Residensi Setiawangsa. On the other hand, both Seri Maya Condominium and One Jelatek Condominium, which have lower price PSF, are two of the oldest properties in the list. Note that these two properties are developed by the same company – Tan & Tan Developments. In general, urbanites tend to search for more contemporary yet comfortable properties to reside at and The Valley Residences represents a good choice of it.

Both The Valley Residences and Kaleidoscope Residensi are leasehold properties – a trait that might not be favourable for some prospective buyers who plan to settle down at the development. On the contrary, Seri Maya Condominium and One Jelatek Condominium are freehold developments. As with developments in Setiawangsa, the sub-sale price of The Valley Residences is foreseen to be higher than its launch price as this is observed in the cases of Seri Maya Condominium and One Jelatek Condominium. Therefore, the moderate starting selling price of The Valley Residences among all residences listed is a fair starting point for urbanites looking forward to investing in new properties while growing their family in a pleasant environment.

All the residences cover a range of built-up sizes that are catered for small- to medium-sized families. The built-up size of The Valley Residences is at the smaller end while Seri Maya Condominium boasts few of the largest units amongst all the residences. However, The Valley Residences offers a feature that other developments do not possess – the dual key unit. As a result, it can be more attractive to investors as well as families who are searching for this specific kind of unit in the area.

The Valley Residences: SkySierra Development Sdn Bhd

As the developer of The Valley Residences, SkySierra Development Sdn Bhd is a subsidiary of the SkyWorld Development Group. Formerly known as NTP World Development Sdn Bhd, SkyWorld itself is a subsidiary of NTP World Group, which was founded in 1997 as a corporate training provider. After the acquisitions of 40 and 13 acres of quality land in Setapak and Kuala Lumpur, respectively, SkyWorld unveiled its maiden development, Ascenda Residences at Setapak in 2014 and it achieved an admirable take-up rate of 98%. SkyWorld subsequently introduced the development of SkyAwani series, Bennington Residences and SkyLuxe On The Park, all of which has achieved impressive sales. Other than The Valley Residences, SkyMeridien, SkyAwani 3 and 4 are the on-going projects under the developer. Two projects, i.e., SkyVogue and SkyAwani 5 are in the future development pipeline of SkyWorld.

Summary

A combination of ideal location, excellent connectivity, convenience, a wide variety of facilities and amenities, and quality, brought to buyers by one of the most anticipated developers, for which buyers can only hope to invest in. The Valley Residences offers buyers a seamless, fun and high-quality high-rise living lifestyle.