Thursday , May 23 2024

Quaver Residence, Bukit Jalil South

Property Type: Service Residence
Tenure: Leasehold
Location: Bukit Jalil South

Built-up Price: 1,110 to 1,850 sq. ft.
Furnishing: Partially furnished

A New Rhythm Of Living Awaits

Live in an energetic vibrant address located within the bustling Sungai Besi, where a myriad of recreatinal and wellness facilities are exclusively available for all residents to utilise, Here is where a new urban-inspired joy, comfort and quality living excitingly awaits.

Project Info

DeveloperChin Hin Group Berhad
Project NameQuaver Residence
LocationSeri Kembangan / Bukit Jalil South
Land Site Area3.4 acres
Land TenureLeasehold
AuthorityMajlis Bandaraya Subang Jaya
Total Blocks2 Blocks
Block A (Level 12-31)
Block B (Level 12-40)
Total UnitApartment – 684 units
Retail – 15 units
Development
Component
Duplex Type A (236 units) – 1,367sf (3+1B2B, 2cp)
Duplex Type B (78 units) – 1,701sf (3+1B2B, 2cp)
SA Type A (199 units) – 1,110 sf (3B2B, 2cp)
SA Type B (57 units) – 1,023 sf (3B2B, 2cp)
SA Type C (56 units) – 1,647 sf (3+1B2B, 2cp)
SA Type D (56 units) – 1,561 sf (3B2B, 2cp)
SA Type D1 (2 units) – 1,851 sf (3B2B, 3cp)
Maintenance FeeFree 1 year maintenance fee
Completion54 Months, Q4 2026

Walking Distance to MRT Station — Serdang Raya Utara

Retail Concept

In view that Quaver is located along the KL-Seremban Expressway, which has an average daily
traffic of 150k*, it is envisioned that the retail tenant at the ground floor shall offer Grab & Go fast
food outlets and cafes. With a direct connectivity to Petron, we will be able to tap into the high
traffic volume of visitors en-route to Seremban – Johor.

Product composition
Quaver is sandwiched between both Sg. Besi Expressway and KL-Seremban Expressway. In view that the
market perception of the price for projects located at Sg. Besi is higher than Seri Kembangan, hence, we will position Quaver’s location at Sg. Besi.

Competitors Duplex Price Positioning
Key Take Away

  1. From the surrounding competitor’s analysis, there are limited duplex lifestyle concept in this area.
  2. Chin Hin’s current duplex units at 8th & Stellar, Sri Petaling have seen a 100% take-up rate at a selling price of RM668psf – RM765 psf with sizes ranging from 711sf – 1238sf.
  3. Twin Arkz’s duplex sub-sale transaction in FY2020 is at RM659 psf, coupled with a healthy take-up rate of other duplex products in this area shows that there is demand for lifestyle properties.

Competitors Type A & B (1017-1110sf) Price Positioning
Key Take Away

  1. Quaver’s lowest selling price at RM480sf is still the lowest compared to the surrounding
    competitors (primary market) with built-up range of 1000 – 1100 sf, which are selling at RM680psf –
    RM789psf with a healthy take-up rate of 75% – 100%.
  2. Chin Hin’s 8th & Stellar serviced apartments are selling at RM734k – RM978k, with a strong take-up rate of 80%, proving that the market in this area can absorb this price range.
  3. Sub-sale transaction of Dream City by the lifestyle boutique developer Clearwater Group is recorded at a selling price of RM572psf in FY2020. This shows a strong interest in lifestyle products in the area.

Competitors Type C & D (1555-1644sf) Price Positioning
Key Take Away

  1. It is observed that large and spacious products (i.e. 3 bedrooms with built-up 1300sf – 1600sf) are being
  2. Quaver’s selling price of RM480psf is lower compared to surroundingproduct offerings with similar sizes and number of bedroom.
  3. KAIA Heights, which is a new launch by UEM Sunrise is also seen offering layouts with bigger built-up sizes 1333sf -1437sf with encouraging take-up rate.

Site Plan & Typical Layouts

https://avisualiser.my/VR/Quaver/Type_A/index.html

https://avisualiser.my/VR/Quaver/Type_C/index.html

https://avisualiser.my/VR/Quaver/Type_D/index.html

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