Waltz Residences

Waltz Residences is part of the first phase of an expansive 63-acre mixed-used development project by WCT Holdings Berhad in Taman OUG. The project, when completed, will strategically place Waltz Residences within walking distance to a wide array of amenities, commerce, lifestyle conveniences and retail therapies. Waltz Residences is expected to be completed in 2020 and has a price range of RM814,000 to RM1,315,000.

Waltz Residences Location

Waltz Residences is set in the suburbs of the mature township of Taman OUG. To be more specific, it is uniquely nestled within Paradigm Garden City, an integrated 63-acre development comprising residences, corporate offices, retail shops and hotels. The masterplan project by WCT Holdings Berhad is currently underway with Waltz Residences spearheading the first phase of the development. The huge project covers both sides of Jalan Awan Besar, a major road in OUG which connects Old Klang Road to Bukit Jalil. Waltz Residences is placed on one side of Jalan Awan Besar while the rest of the golden neighbourhood is placed on the opposite side of the road. The two sections of the development will be joined via a link bridge.

Taman OUG, or otherwise known as OUG (Overseas Union Garden), is a thriving township located on top of a hill in the Seputeh constituency in south-western Kuala Lumpur. The residential area which is positioned along Old Klang Road was opened in the 1970s to cater to the working-class market. Fast-forward to half a century later, Taman OUG has emerged as a blossoming real estate with properties within the vicinity being sold at a median price of RM 381,500. The Chinese-majority neighbourhood is mostly populated by landed residences such as single and double-storey houses.

Waltz Residences would be a revolutionary upscale development that will bring a touch of refinery to the suburbs of OUG. The commercial hub of OUG is at Jalan Hujan Rahmat, a street where locals frequent for the wide array of shops, markets, and eateries. The township is placed next to the neighbouring districts of Sri Petaling, Bukit Jalil, Kuchai Lama and Taman Desa. The suburb is strategically placed a half an hour away from the Klang Valley and 11km away from Kuala Lumpur.

Traffic conditions in Taman OUG are typical of any suburb in Kuala Lumpur with peak-hour traffic conditions being part and parcel of the metropolitan lifestyle. However, residents should take note of the particularly heavy traffic that is expected to happen along Old Klang Road as the arterial road acts as a key intersection between several cities besides connecting Kuala Lumpur to Port Klang.

Taman OUG has a relatively higher crime rate than other areas of the Klang Valley for snatch thefts. Due to this, many residences have established gated and guarded communities for heightened security and to ward off potential criminals. In any case, prospective residents of Waltz Residences can rest assured as the development has several security measures in place to safeguard the safety of its residents.

Connectivity

Waltz Residences offers prospective residents great connectivity to various parts of the Klang Valley. This is because it is surrounded by roads which act as main passageways connecting Taman OUG to the neighbouring districts of the Seputeh constituency as well as to Kuala Lumpur.

For instance, residents can easily reach the adjacent neighbourhood of Bukit Jalil by travelling down Jalan Awan Besar which will eventually connect to Jalan Jalil Perkasa 1, a thoroughfare that leads to the rapidly developing suburb. Heading in the opposite direction of Jalan Awan Besar will bring residents to Jalan Gembira which runs through the township of OUG. Jalan Gembira also links to Old Klang Road which opens doors to Kuchai Lama and Taman Desa.

Additionally, prospective residents of Waltz Residences will be able to enjoy access to major expressways such as the Shah Alam Highway (KESAS), Sungai Besi Highway and New Pantai Expressway (NPE). Thus, residents travelling to and from the capital city would have multiple travel routes to choose from. Traversing Taman OUG is the Maju Expressway (MEX) which makes air travel feasible for residents as the Kuala Lumpur International Airport (KLIA) is reachable within a 40-minute drive.

Commuting via public transport is another feasible option of travelling as the nearest LRT station, which is the Awan Besar LRT station, is located just 1.2 km away from Waltz Residences. It takes a 50-minute commute time to reach KL Sentral via the LRT which is part of the Sri Petaling line. The LRT station also functions as a bus hub for RapidKL bus number 651 and 652 which serve the surrounding area of Taman OUG before arriving at the last stop in Pasar Seni.

Convenience

Waltz Residences is conveniently situated within an enclave of shopping malls to meet the retail needs of avid shoppers. In addition to the upcoming retailers which would occupy the soon to be completed Paradigm Garden City, there are several notable shopping complexes surrounding Waltz Residences which residents can easily head to for groceries and necessities. The closest shopping complex would be Plaza OUG and Pearl Point Shopping Mall which are located within a 3 km radius from the condominium.

Accessibility to healthcare services is not an issue with Waltz Residences as there are multiple hospitals located around the vicinity of Taman OUG. Apart from nearby health clinics, the closest medical facility would be Assunta Hospital PJ which is reachable within a 10-minute drive.

Homebuyers with children will be pleased to know that Taman OUG has a host of educational institutions ranging from kindergarten to colleges. There is especially a wide array of public and private schools all around the mature neighbourhood to serve the educational needs of the community.

Workout enthusiasts who love to exercise in the refreshing outdoors can head over to the Bukit Jalil Recreational Park that is located 11 minutes away. The 80-acre park is a popular recreational spot in the southern region of Kuala Lumpur as it features jogging trails, picnic spots, playgrounds, exercise stations, and an international garden. Residents who like to golf need not go far as the Bukit Jalil Golf & Country Resort is placed just opposite the park.

Below is a list of amenities one can find around Waltz Residences:

Shopping and groceries

• Midvalley Mega Mall
• Pearl Point Shopping Mall
• The Gardens Mall
• NU Sentral
• Plaza OUG

Hospital and medical facilities

• Pantai Hospital Kuala Lumpur
• Beacon Hospital
• Assunta Hospital PJ
• University of Malaya Medical Centre

Education

• Able Learner Center
• Golden Montessori Kindergarten
• Tzu Chi International School
• Sri Damesh International School
• Sekolah Kebangsaan Seri Indah
• SMK Taman Yarl
• SMK Petaling
• SJK (C) Choong Wen
• Brickfields Asia College (BAC 2)
• SEGi College Kuala Lumpur

Sports and Recreation

• Bukit Jalil Recreational Park
• Bukit Jalil Golf & Country Resort

Waltz Residences Floor Plan

Waltz Residences covers two acres of the Paradigm Garden City project site with its two towers. The North Tower has 38 floors whereas the South Tower has 33 floors. Each tower has nine levels of parking allocated for residents as each home purchaser will be entitled to two free parking bays per unit. The development has a total of 419 partially furnished units that are divided according to four general types of layouts.

Type A has a built-up area of 948 sq. ft. with three bedrooms and two bathrooms. It is the smallest unit available and is cosy enough to suit a small family.

Type B shares a more or less similar layout as Type A, but with slight differences. Firstly, Type B offers a larger built-up area of 1088 sq. ft. Type B also features an additional utility room that can be converted into a small bedroom. Another difference is Type B has a separate dry kitchen and wet kitchen area for easy and tidy cooking.

Type C has the same number of bedrooms as Type B but contains an extra bathroom. Again, the utility room doubles as an additional bedroom, giving Type C a total of four bedrooms. Compared to Type A and B, Type C does provide a more spacious living area and larger rooms at 1250 sq. ft.

Type D is the most commodious unit available with a size of 1691 sq. ft. The unit is also unique as home buyers have the option of purchasing it as a regular unit (Type D2) or as a dual-key (Type D1). The layout can be divided into the larger unit which includes the kitchen and living area, and the attached studio unit. The larger unit has a two plus one bedroom and three bathrooms. Similar to the other unit types, the plus one bedroom is the convertible utility room. As for the attached studio unit, it only contains a bedroom and a bathroom. Furthermore, Type D has two balconies, therefore setting it apart from the other units which only have one.

Overall, the units of Waltz Residences are ideal for families as even the smallest unit accommodates three bedrooms albeit within a more confined space. Nevertheless, Waltz Residences would still delight a wide audience who yearns for an extravagant lifestyle as every unit is exclusively designed to provide a luxurious and comfortable stay regardless of unit size.

Waltz Residences Facilities and Amenities

Waltz Residences aspires to provide residents with an effortless lifestyle of elegance and refinery. Hence, the condominium houses more than 20 facilities for the pleasure and leisure of residents. There are four levels which span across the two towers of the condominium dedicated for facilities, namely Level G, 7, 31, and 33.

Level G contains the family-friendly amenities such as the interactive play zone and child care centre. There are also amenities like a launderette and mini market for the convenience of residents. Level 7 is the go-to spot for residents to take a break and unwind as there is where the lounge area is located along with a reflexology path, cabana, yoga deck and play lawns. Level 31 highlights an infinity lap pool where residents can have a swim while enjoying a bird’s eye view of Kuala Lumpur. The level also has a floating cabana, BBQ lounge, sauna and spa bath.

Level 33 provides even more fun and play for residents as it has a dedicated games area and sky gymnasium. The level also features a multipurpose hall which residents can utilise to host any event. Moreover, the safety and security of Waltz Residences is ensured through a five-tier security system. The comprehensive system involves visitor management, vehicle control, CCTV surveillance, card accesses, and a patrolling system. Evidently, the premiere facilities and services offered by Waltz Residences caters to the body, mind, and soul of residents.

Amenities and facilities of Waltz Residences:

Level G

• Interactive play zone
• Launderette
• Mini market
• Child care centre
• Car entrance
• Service lobby
• Toilet
• Store
• Business centre
• Management office
• Guard house
• Lobby

Level 7

• Lounge area
• Reflexology path
• Cabana
• Yoga deck
• Play lawns

Level 31

• Infinity lap pool
• Floating cabana
• Wading pool
• Sun deck
• Function deck
• Coffee lounge
• BBQ lounge
• Poolside lounge
• Spa bath
• Sauna
• Steam room
• Squash courts

Level 33

• Multipurpose hall
• Changing room facilities
• Sky gymnasium
• Games area
• Service lobby
• Lift lobby

Waltz Residences Property Analysis

As a pioneering development under the Paradigm Garden City masterplan, WCT Holdings Berhad strategically placed Waltz Residences to be a stroll away from a host of amenities. The convenience offered by Waltz Residences is further accentuated by its line-up of lifestyle facilities. The residential property also boasts good connectivity and accessibility to highways and public transport. The exclusive condominium would be a trendsetter in the surrounding neighbourhood of Taman OUG as it is poised to be an icon of luxury living in the flourishing urban community. Waltz Residences presents itself as an attractive purchase for homebuyers who are interested in a premiere residence either for own occupation or investment.

Target Market

Waltz Residences is targeted at members of the affluent community who are looking for a luxury residence equipped with facilities and amenities to complement a lifestyle of convenience and enjoyment. Waltz Residences caters to a spectrum of trendy urbanites and investors with its sophisticatedly designed single and dual-key units which vary from 948 sq. ft. to 1691 sq. ft. Its spacious units which come with a minimum of three bedrooms would be a popular choice for family purchasers. Furthermore, the availability of dual-key units is a plus point for homebuyers wishing to purchase property for investment purposes. Moreover, property investors would be delighted with the high capital appreciation of the development as part of the first phase of the revolutionary Paradigm Garden City project. As a result, Waltz Residences would be an opportune investment to obtain a lucrative property yield.

Competitor Analysis

Upscale high-rise residences have been trending in the property market, especially in Kuala Lumpur. Hence, several freehold luxury developments within the vicinity of Waltz Residences, particularly in Bukit Jalil, have been chosen for a closer comparison and analysis.

Among the competitors in the list, The Link 2 Residences has the most affordable price tag of RM700 per square feet. This may be due to the fact that it is also the oldest development among its peers, with the completion year being 2018. The property is a mixed commercial and residential condominium of serviced apartments developed by Berjaya Group. It houses a total of 369 units across its 36 floors.
The Park Sky Residence @ Bukit Jalil is quite similar to Waltz Residences in terms of unit sizes offered and the price per square feet. The largest unit (1565 sq. ft.) also comes with a dual-key facility to accommodate more tenants. Nevertheless, Waltz Residences has the edge in terms of brand new facilities with a later completion year.

Skyluxe On The Park, Bukit Jalil is a contemporary serviced residence with an innovative and one of a kind architecture that reflects Mother Nature. Each unit comes furnished with a kitchen cabinet, hood, hob, fridge, and air conditioners in every room. This may explain why Skyluxe is the most expensive competitor with a price of RM921 per square feet despite being completed in the same year as Waltz Residences.

In summary, Waltz Residences offers the largest number of units as well as being the latest development in the area. Consequently, it has a higher value in terms of space and state-of-the-art facilities, which makes it a suitable option for families seeking the maximum amount of living comfort that money can purchase.

Waltz Residences’ Developer: WCT Holdings Berhad /h2>

WCT Holdings Berhad is one of Malaysia’s leading engineering and construction companies, and property developers. The company was founded in 1981 and later earned its listing in Bursa Malaysia in 1995. Over the years WCT has grown from a one-machine company involved in earthworks into a global brand recognised for its delivery of quality product and services. The company runs three core businesses, specifically engineering and construction, property development and property investment, and management. WCT’s engineering and construction expertise includes airports, F1 racing circuits, dam and water supply scheme, expressways, civil works, and rail-based infrastructure works.

Additionally, the company has a wide property development portfolio comprising townships, luxury homes, high-rise residences, office towers, hotels, and shopping malls. WCT Holdings Berhad has also earned several accolades for its recent venture into sustainable construction, such as the Green Building Index (GBI) Gold for the Ministry of International Trade & Industry (MITI) Headquarters and GBI Certified for MyTOWN Shopping Centre. Some of the company’s recent residential developments include Medini Signature, Waltz Residences, and Impiria Residensi.