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Ascenda Residence @ SkyArena

 

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Harnessing sleek design for niche lifestyle demands, Ascenda Residence evokes your mind within a sumptuous community. This a bold and innovative approach by developer SkyWorld that creates an exciting active lifestyle and greater social interaction experiences.

 

Active Living

Called the Ascenda Residence, this is the first phase condominium launch within a 28-acre integrated mixed development known as SkyArena at Jalan Ayer Jerneh in the heart of Setapak, Kuala Lumpur.

The entire mixed development consists of residential condominiums, SoHos, hotel, offices, commercial shop offices and a shopping mall. The whole project is set to be completed by 2021, with the first phase by 2017.

It differs much from the other mixed development in that it also comprise of a 400m track and field ground and a full-fledged multi-level sports complex. The said sports complex provides virtually all sports facilities including a deep scuba diving facility.

 

SkyArena Aerial

Concepts

  • Largest integrated mixed development in Setapak.
  • First-of-its-kind lifestyle and active living in Setapak.
  • First-of-its-kind condominium units with doorstep parking in Setapak (for Block C only).
  • A wide range of facilities located at Sky floor and Podium including swimming pool, lazy pool with jet spa, kid’s pool and wet apparatus, floating gazebos, cantilevered sky gym, meditation deck, herbs garden, and many others.
  • Residents are able to access the Sports Centre facilities including the 400m Track and Field stadium, full football field, Olympic-sized swimming pool, board diving, scuba diving, indoor futsal, indoor rock climbing, basketball, badminton, fitness centre, and many others.

Property Details

Name :   Ascenda Residence
Phase :   SkyArena Residential Phase 1
Developer :   SkyWorld Development Sdn Bhd 
Location :   Setapak, Kuala Lumpur
Property Type :   Residential Condominium
Sch. H of HDA :   Yes
Tenure :   Leasehold
Land Area :   3.35 acres
    Overall development is 28 acres
No. of Blocks :   Block A – 27 storeys
    Block B – 37 storeys
    Within carpark podium, Block C – 8 storeys
No. of Units :   650 units
No. of Lifts :   Block A - 3 lifts
    Block B - 4 lifts
Unit Types :   Block A (903 sq ft and 908 sq ft)
    Block B (1,000 sq ft – 1,239 sq ft)
    Block C (1,100 sq ft and 1,150 sq ft)
Car Parking Bay :   Provided 2 bays side-by-side per unit
    Doorstep allocated parking for Block C
Green Rating :   -
Price Range :   RM506,850 - RM721,850
Price Per Sq Ft :   RM530-650 psf
Maintenance :   RM0.30 psf, inclusive sinking fund
Completion :   December 2017

 

Specifications

Corridor :   Natural ventilation
Ceiling Height :   Floor to floor height - 3.1m (10 ft)
Structure :   Reinforced concrete
Wall :   Concrete shear wall / Masonry
Windows :   Aluminium framed glass
Entrance Door :   Timber door
Wall Finishes :   Plaster and paint
    Wall tiles for kitchen
    Wall tiles full height for all bathrooms
Floor Finishes :   Tiles for living, dining, kitchen, all 
    bedrooms, all bathrooms, utility 
    room and balcony
Air Conditioning :   Split unit piping provided
Water Heater :   Points provided

 

Contact Developer

Sales Gallery :   Ground Floor, Block C,
    Excella Business Park,
    Jalan Ampang Putra,
    55100 Ampang, Kuala Lumpur
Tel / Hotline :   +603-4270 9928
Project Website :   www.skyworld.my

 

Facilities

  • Half Olympic-sized swimming pool
  • Sexy lazy pool with jet spa
  • Pool deck with lazy chairs
  • Floating gazebos
  • Kids pool
  • Wet apparatus and water curtain
  • Cantilevered sky gym
  • Herbs garden
  • Aerobic room
  • Par course for elderly
  • Yoga deck
  • Meditation deck
  • Reflexology
  • Covered kiddies play station
  • BBQ pavilion
  • Sky garden with BBQ pit
  • Multi-purpose hall

Developer Profile

skyworld-featured

SkyWorld Development Sdn Bhd is a new lifestyle developer with great ambitions. Born from the idea that design, when executed to perfection, can elevate living experiences to new heights. Hence, proving that form and functionalities could indeed go hand-in-hand. 

Guided by emerging personalities of the property industry, SkyWorld wishes to create unrivalled sky living experiences, and a provider of urban and modern lifestyles in the heart of Kuala Lumpur. SkyWorld's promise to the world is to “Design The Experience”, as its tagline says, for the finest urban sky living developments.  

SkyWorld has the vision to be the leading developer in Malaysia with a potential gross development value (GDV) worth more than RM12 billion from its ongoing prime-landbanking exercise in Kuala Lumpur.

 

View Full Profile

Location

GPS Coordinate: 3.193811,101.715975 

Accessibility, Amenities & Infrastructure

Distance:

  • 10mins to Jalan Pahang
  • 15mins to KLCC

 

Accessibility:

  • 300m to Jalan Genting Klang
  • 700m to DUKE Highway

 

Public Transportation:

  • 3km to Wangsa Maju LRT Station
  • 5km to Sri Rampai LRT Station
  • 5km to Setiawangsa LRT Station
  • 7km to Suria KLCC LRT Station

 

Future Infrastructure:

  • Jalan Ayer Jerneh has been approved to be upgraded to dual carriageway. 
  • Approved Danau Kota-bound flyover from Jalan Genting Klang into Jalan Ayer Jerneh. 
  • Proposed future MRT Circle Line (Line 3) may be aligned through south of Air Panas, Setapak. 

 

Telecommunication:

  • Fibre optic backbone ready. 

 

Business Park:

  • 15mins to KLCC

 

Shopping Centre:

  • 2km to KL Festival City Mall
  • 5km to Wangsa Walk Mall
  • 5km to AEON Big Wangsa Maju
  • 7km to Suria KLCC

 

School & International School:

  • 500m to SK Marian Convent
  • 900m to SMK (P) Ayer Panas
  • 1km to SK Ayer Panas
  • 1km to SMK Tinggi Setapak
  • 2km to Sri Utama International School
  • 7km to Fairview International School

 

University & College:

  • 4km to TAR University College (TARC)
  • 4km to Universiti Tunku Abdul Rahman (UTAR)

 

Healthcare:

  • 1km to Columbia Asia Hospital Setapak
  • 4km to Tawakkal Hospital
  • 4km to Kuala Lumpur General Hospital
  • 6km to Gleneagles Kuala Lumpur

 

Leisure & Recreational:

  • 1km to Setapak Golf Range
  • 5km to Titiwangsa Recreational Park

[No Product Review has been written for Ascenda Residence]

***

PTLM Guide is a general guideline that could be used by an investor to gauge the concepts and sustainability of any development. The key points are outlined here for easy reference. This enables an investor to evaluate his strategy of investment based on systematic set of criterias.

In this page, we do not publish specific scores achieved by this project for any of these criterias.

 

A. The Entry Facts

  1. Location, visibility and environment
  2. Distance to key locations and growth value of an address
  3. Concepts, architectural and practicality aspects
  4. Density of development
  5. Developer and branding
  6. Price level and price comparison
  7. Surrounding commercial, infrastructure, amenities, distance and accessibility
  8. Existing demographics
  9. Presence of future catalystic projects
  10. Continuity development
  11. Land tenure
  12. Transit oriented development (if applicable)
  13. Integrated retail concept (if applicable)
  14. Competitor risk - peer-to-peer product comparison against its vicinity

 

B. Product Design Buy Factors

  1. Practical unit layout design
  2. Unit orientation
  3. Fittings and furnishings (if applicable)
  4. Sufficiency of parking bay and carpark allocation
  5. Design of corridor, corridor spaces and ventilation
  6. Availability of proper refuse area
  7. Variety of facilities, green and open spaces
    - Example: For families, children-friendly facilities are to be considered
  8. Reasonability of maintenance fees based on offered facilities over density
  9. Impressive and modern façade
  10. Entrance statement, guardhouse, drop-off area and lift lobby
  11. Security features and privacy design
  12. Other unique features (if applicable)
  13. Green rating or greening features (if applicable)

 

C. Strategic Investment Process

  1. Equip with property market and personal finance knowledge.
  2. Identify your niche by studying close-by competing, similar and future products.
  3. Benchmark against competing product prices on PSF basis.
  4. Study potential commercial viability and retail catchment (for mixed development).
  5. Survey the level of occupancy in the neighbourhood.
  6. Survey existing demographic and resident profile in the vicinity.
    Example: Close proximity to education hub may bring new demand year after year.
  7. Survey the current rental and subsale price from nearest comparison today.
  8. Forecasting by making estimated future rental assumption.

 

D. The Exit Strategy

  1. Ensuring personal finance capability to maintain the property for minimum of 5 years.
  2. Ensuring personal finance capability for renovation and value-added activities that will help to mitigate risk factors.
  3. Perform calculation of estimated rental yield for first year of occupancy.
  4. Forecasting by making estimated future subsale price.
  5. Determine profit from investment after settling outstanding loan amount.

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At PTLM, everything we do is with integrity, commitment and innovation as to facilitate information dissemination so that you could make well-informed decision.

 

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