Scheduled for completion before 2020, Bukit Jalil City will feature a 2.1 million sq ft regional shopping mall that has been named as Pavilion Bukit Jalil, a name that has been frequently referred to as Pavilion 2.
PTLM recently reported that SkyWorld Development Sdn Bhd's SkyLuxe On The Park project in Bukit Jalil has achieved more than 78 percent sales before its official launch. Within just three months, the developer had received more than 5,000 registrations.
Believing in Bukit Jalil's potential, Aset Kayamas is looking to launch its second project there called The Havre. The leasehold condominium development is located in Bukit Seri Jali, about 300 metres from Bukit Jalil City.
Spanning 3.58 acres, it will offer 1,052 residential-titled condominium units in two sizes, which are 1,023 sq ft and 1,239 sq ft, housed in two 40-storey towers, with selling prices starting at RM580,000 or RM550 psf, before attractive sales rebates.
To be undertaken by Sinerjuta Sdn Bhd, a member company of the Aset Kayamas Group, the development's Tower Akki (Tower A) has 509 units while Tower Ziku (Tower B) has 543 units. Served by a total of five passenger lifts and one service lift, there are 15 and 16 units per floor for Tower A and B respectively.
The project which has a total gross development value (GDV) of RM630 million, will be officially launched on 8 October.
Every unit will come with three bedrooms, two and a half to three bathrooms, and two carpark bays.
Managing director Tan Sri Chai Kin Kong tells this weekend's The Edge's City & Country that The Havre and Bukit Jalil City will be linked by an ID-inspired covered pedestrian bridge, to be built by Aset Kayamas at a cost of RM3 million.
"The design is still in the preliminary stage but Bukit Jalil City has already approved it," he says. "We expect all the units to be sold out on the launch day itself because of the affordable pricing. It is part of the deal with Kuala Lumpur City Hall (DBKL) so that more people can afford to own a house.
"At the same time, we make sure that our quality is on a par (with others), so it is a volume game for us. Our philosophy is to set a lower selling price and gain the margin through volume. This method has proved effective for us."
He cites the company's project in Kepong, The Henge. With selling prices starting at RM404 psf or RM445,000 (in Phase 1), the leasehold development, which will have 1,472 units in four 45-storey blocks, was majority taken up within just two days (in each of two phases launch).
Back in April 2016, PTLM had reported that the launch of the second phase of The Henge was sold to an overwhelming response with almost 4,000 people turnout over the weekend.
Located on a 6-acre tract next to Taman Metropolitan Lake Kepong, The Henge offers 48 lifestyle facilities, which include a wading pool, lap pool, jacuzzi, floating sundeck, aquatic pond with steam room, wellness deck and lakeview deck, where residents can look out over the lake.
Kin Kong cites Bukit Jalil's proximity to the Kuala Lumpur city centre and the growing population as factors that will help sell The Havre. Bukit Jalil is accessible via the Shah Alam Expressway, Bukit Jalil Expressway, Maju Expressway and the KL-Seremban Highway.
The Havre has received more than 650 registrations in less than a month. (It is now believed that more than 1,800 registrations were collected at the point of writing.)
Executive director Michael Chai, who is Kin Kong's son, says the design focuses on enhancing the living, dining and master bedroom areas.
"The living, dining and master bedroom areas are our main focus. For example, we will allocate a (spacious) space for a walk-in wardrobe in the master bedroom. Some designs (the largest type) are like the layouts of landed homes, where we put all the bedrooms at the back and there are no shear walls between the living, dining and kitchen areas.
"The space is opened up and it looks bigger. It's not often you can get a layout like this, and at this pricing."
The Havre is 600 metres from the Muhibbah LRT station and Kin Kong says there will be a covered walkway to the station, which will cost the developer RM1.5 million.
Piling works will begin next month, and completion will be 54 months from the signing of the sale and purchase agreement (SPA).
The development will feature a 4-tier security system: card access and boom gate at the guardhouse, as well as card access at the carpark podium, lift lobby and to your unit floor inside the lift car.
There will be two facility floors, at Level 5 and the building rooftop at Level 40, offering a total of 36 facilities.
On Level 5, there will be a swimming pool, wading pool, jogging track, sunken lounge and BBQ pit, and on the rooftop, a multi-purpose hall, mini futsal court, half basketball court, table tennis, badminton court, children's playground, yoga deck, sand pit and sky bridge gym.
The full-glass sky bridge gym will connect the two towers at Level 41, and will be the highest such facility in the country, Michael says. The Level 5 facilities are mainly for water activities and green landscape features, while "dry" activities will be on the rooftop.
"The concept of The Havre is Babylon, with greenery everywhere. The façade of the carpark podium will also be covered by green plants," he says.
Aset Kayamas' first project in Bukit Jalil is Parkhill Residence, launched in 2014 and scheduled for completion by October 2018.
The project on 5.65 acres offers 1,062 units in two 45-storey towers, with facilities that include an infinity pool, a lazy pool, a floating gym, badminton court, sauna, putting green, multipurpose hall and playground. The take-up rate is more than 98%.
The developer is also building the first Rumah Mampu Milik Wilayah Persekutuan (RUMAWIP) in Kuala Lumpur called Residensi Pandanmas in Kampung Pandan, which is slated for handover in April next year.
Since 2014, Aset Kayamas has launched more than 10 projects with majority of them sold out within a short period of time. The developer moved to a new corporate headquarters in Old Klang Road in June this year.
The developer is currently planning more than 5 new projects. All of its past and current projects are built within the jurisdiction of Federal Territory of Kuala Lumpur, such as the following:
Parkhill Residence @ Bukit Jalil (Jan 2015) - 1,052 units
The Holmes @ Bandar Tun Razak (May 2015) - 604 units
The Henge @ Kepong Metropolitan Park - Crest & Dawn (Aug 2015) - 736 units
The Henge @ Kepong Metropolitan Park - Eden & Folio (Apr 2016) - 736 units
The Haute @ Gurney KL (Jun 2016) - 274 units
[COMING SOON] ---- The Hamilton @ Wangsa Maju - 435 units
[COMING SOON] ---- Bandar Tun Razak, Cheras - 1,015 units
[COMING SOON] ---- Penchala, off Jalan Damansara - 435 units
RUMAWIP Affordable Homes Scheme
Residensi Pandanmas (Aug 2014) - 700 units
Residensi Pandanmas 2 (Oct 2014) - 2,220 units
PPA1M Bukit Jalil (Apr 2015) - 1,050 units
Residensi Sentulmas (Jul 2015) - 351 units
Residensi Razakmas (Sep 2015) - 604 units
Residensi Puchongmas (Oct 2015) - 524 units
Residensi Kepongmas (Oct 2015) - 1,514 units
Residensi Gurneymas (Feb 2016) - 274 units
Residensi Wangsamas (Oct 2016) - 441 units
Residensi Desamas (Oct 2016) - 323 units
[COMING SOON] ---- Residensi Jalilmas - 1,050 units
This article has been adapted with additional information. The original article was first published in this week's The Edge's City & Country with article title "Aset Kayamas to unveil The Havre in Bukit Jalil" written by Racheal Lee.