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Overwhelming response for Aset Kayamas' latest project - The Hamstead at Desa Tun Razak

The launch event of The Hamstead at the grounds of Desa Waterpark, Taman Danau Desa today, 8 April 2017. The launch event of The Hamstead at the grounds of Desa Waterpark, Taman Danau Desa today, 8 April 2017.

The Hamstead at Desa Tun Razak, Cheras has received an overwhelming response for its private launch and unit selection event held earlier this morning. The project fully taken up within 3 hours.

The unit built-up sizes are Type A/A1: 945 sq ft (2 CP); Type A2/A3: 1,127 sq ft (3 CP); and Type A4: 1,272 sq ft (4 CP).

Majority of units are of Type A/A1, which is a 3 bedroom 2 bath, with each unit given 2 side-by-side parking bay, except for units at Level 8 to 11 which are tandem parking. The nett price, which is after 5% rebates, starts from RM358,000 (KLCC View: RM375,000 onwards) and free legal fees for SPA and loan agreement.

Built on 1.87-acre of land (total: 3.1 acres), the 40-storey single-block leasehold development, inclusive of a 8-storey carpark podium, has a residential title (HDA compliance) and has a total of 479 units. Total gross development value (GDV) is RM200 million.

There will be another RUMAWIP (mampu milik) block with separated entrance and common areas next to it with 463 units.

There are 16 units per floor served by 5 lifts, offering 21 lifestyle facilities and a 4-tier security. Facilities include a “mini forest”, a multipurpose hall, gymnasium, half Olympic-sized infinity pool, wading pool, children’s playground and others.

The Hamstead is approximately 6-minute walking distance away to Bandar Tasik Selatan's Terminal Bersepadu Selatan (TBS) which integrates LRT, KTM and ERL train services as well as buses and taxis. The site is also just 8 minutes away from Taman Midah and Taman Connaught and 10 minutes away from Mid Valley City and Sri Petaling. It is also accessible via the Middle Ring Road 2 and East-West Link Expressway.

The developer is Ujana Mutiara Sdn Bhd, a member of the Aset Kayamas group of companies. According to Aset Kayamas executive director Michael Chai, The Hamstead is the second project launched by Aset Kayamas in 2017.

The launch of The Hamilton condominium in Wangsa Maju, Setapak in January had seen all 435 units snapped up in less than four hours.

Chai added that Aset Kayamas’ first project Pandanmas 1, which is a Rumawip (Federal Territories Affordable Housing) development, is scheduled for handover this 25 April.

This is the first Aset Kayamas project to be handed over and we will invite the Prime Minister Datuk Seri Najib Razak to attend the handover ceremony,” he added.

On its high-end condominium project known as The Haute, Chai said the take-up rate for the project is about 70% since its launch last October.

The project has a GDV of about RM350 million and sits on a 4-acre leasehold site. Located 3km away from Kuala Lumpur City Centre, it comprises 274 condo units with built-ups of between 1,003 sq ft and 1,046 sq ft. Each unit was priced at more than RM600 psf.

The group is planning upcoming and future launches in Taman Desa, Kuchai Lama, Kepong Baru, Bandar Tun Razak and Segambut.

 

Crowds gather as early as 6am.Crowds gather as early as 6am.

 

The Hamstead.

 

The Hamstead.

 

Scale model of The Hamstead at Desa Tun Razak, Cheras, KL.Scale model of The Hamstead at Desa Tun Razak, Cheras, KL

 

 

Aset Kayamas' Ongoing Unrestricted Housing Projects

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Parkhill Residence @ Bukit Jalil / Jan 2015 - Q1 2019 / 1,052 units / RM735 mil

The Holmes @ Bandar Tun Razak / May 2015 - Q3 2019 / 604 units / RM259 mil

The Henge @ Taman Metropolitan Kepong / Aug 2015 and Apr 2016 - Q1 2020 / 1,472 units / RM800 mil

The Haute @ Gurney KL / Jun 2016 - Q4 2019 / 274 units / RM181 mil

The Havre @ Bukit Jalil / Oct 2016 - Q2 2020 / 1,052 units / RM667 mil

The Hamilton @ Wangsa Maju / Jan 2017 - Q2 2020 / 435 units / RM247 mil

The Hamstead @ Desa Tun Razak / Apr 2017 launching now / 479 units / RM200 mil

 

Aset Kayamas' Ongoing Affordable Home Projects

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Residensi Pandanmas / Aug 2014 - Q1 2018 / 700 units / RM210 mil

Residensi Pandanmas 2 / Oct 2014 - Q1 2019 / 1,920 units + 300 units / RM576 mil

PPA1M Bukit Jalil / Apr 2015 - Q2 2019 / 1,050 units / RM178 mil

Residensi Sentulmas / Jul 2015 - Q4 2020 / 351 units / RM105 mil

Residensi Razakmas / Sep 2015 - Q3 2019 / 604 units / RM79 mil

Residensi Puchongmas / Oct 2015 - Q3 2019 / 524 units / RM136 mil

Residensi Kepongmas / Oct 2015 - Q1 2020 /  1,514 units / RM155 mil

Residensi Gurneymas / Feb 2016 - Q4 2019 / 274 units / RM82 mil

Residensi Jalilmas / Nov 2016 - Q4 2020 / 1,050 units / RM208 mil

Residensi Wangsamas / Nov 2016 - Q4 2020 / 441 units / RM87 mil

Residenai Desamas / Nov 2016 - Q4 2020 / 323 units / RM97 mil

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