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Sky Awani Commercial @ Jalan Sentul Pasar

 

SkyAwani Commercial at Sentul

 

Sky Awani Commercial has approximately 150,000 square feet of commercial space comprises 28 lots of shop offices. They are six-storeys, double-storeys and single-storey shop-offices.

 

Welcome to KL's Latest Business Address

Sitting on prime land along Jalan Sentul Pasar, Sky Awani is a mixed development comprising residential and commercial elements co-existing in matrimony. It is set to be the most modern commercial hub in its vicinity.

Its commercial development will create a contained hub of activity, where interdependence and complementary services serve to unite the community. At the same time, its residential development will provide an ever ready catchment for its commercial development to thrive, whether its daytime, evening or during weekend.

With adequate shop-wide frontage, Sky Awani offers entrepreneurs and traders high visibility to showcase their products and services. A constant traffic flow on Jalan Sentul Pasar and a surrounding neighbourhood population within Sentul District of over 435,000 are plus points for business to bloom.

At Sky Awani, one do not have to go far for daily needs. Such is the lifestyle convenience. Much emphasis has also been placed on providing public amenities with ample parking bays, well-lit side streets, and highly convenient ingresses for ease of traffic and user-friendliness.

Additionally according to PTLM Research, another property developer, Desaria Property Sdn Bhd, intends to develop its 9-acre tract into a mixed integrated development inclusive of a shopping centre just minutes away from Sky Awani. The rumours of AEON anchoring the mall remains a possibility.

 

SkyAwani Commercial at Sentul

Overall Development Concepts

  • Sky Awani is Sentul's latest mixed development comprising commercial shop offices and luxuriously-decorated affordable home apartments, whereby 99% of homeowners here are expected to be own-stayers with their families.
  • Main road frontage development has easy accessibility and conveniently connected to major highways such as Duke Highway, MRR2 and Karak Highway. Conveniently placed within 9km drive to Kuala Lumpur’s city centre.
  • As a mixed development, Sky Awani is well-planned to distinguish home-comers and business visitors. Separated entrances for the residential and commercial components are provided.
  • Carpark for commercial and residential components are clearly demarcated. 24-hour security and CCTV surveillance system are installed throughout the carpark areas.

 

Shop Offices' Concepts

  • Great business opportunities. Meticulously planned to be integrated with a ready on-site catchment – the 1,226 home-owners within the Sky Awani neighbourhood, as well as surrounding vicinity along bustling Jalan Sentul Pasar.
  • Exclusivity with only 28 lots of shop offices. Typically, a full glass facade for a 2-storey shopfront attracts much needed attention. What is more appealing is that its 6-storey full glass facade will double or triple user visibility.
  • A unique, yet affordably-priced single and double-storey shops are suitable for food and beverage outlets and convenience establishments. Each of the 6-storey shop office block comes with 2 lifts ideally suited for medical centre, boutique hotel or corporate office suites.
  • Strata title provision for each level creates flexibility for future subsale and rental opportunities.
  • Business potential is enhanced by an extra-wide store frontage with a minimum of 26 feet for maximum appeal and visibility.
  • Ease of traffic and user-friendliness is thought of with two ingresses provided on Jalan Sentul Pasar.
  • Traffic lay-out in front of all shop units allows maximum visibility, enhances commercial value.

Property Details

Name :   Sky Awani @ Sentul, KL
Phase :   -
Developer :   Citra Amal Sdn Bhd
    (a wholly-owned subsidiary of SkyWorld)
Location :   Jalan Sentul Pasar
Property Type :   Commercial: Shop Offices with strata
    provision
    Residential: RUMAWIP
Sch. H of HDA :   Commercial: No
    Residential: Yes
Tenure :   Leasehold
Land Area :   5.78 acres
Completion :   Q1 2019

 

Commercial Component

Name :   Sky Awani Commercial
Title Type :   Strata title provision for each level
No. of Lots :   28 lots
No. of Units :   60 units
Composition :   1-storey shop-offices (G floor)
    2-storey shop-offices (G to 1st floor)
    6-storey shop-offices (G to 5th floor) 
Built-up Area :   936 sf to 34,924 sf 
Car Park :   Covered: At G floor of carpark podium
    Non-covered: At shop front and along
    the road-frontage perimeter
Price (RM) :   From RM897,000 onwards

Contact Developer

Sales Gallery :   SkyWorld Property 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 

 

Open For Registration

SkyAwani Commercial at Sentul

 

Facilities

Sky Awani provides a comprehensive 3-acre recreational deck with a variety of lifestyle facilities. These facilities are built for its residential component to foster communal living. It is exclusively accessible to its apartment residents only.

 

For Sky Awani Residence Only

Level 6 Recreational Deck

  • Infinity pool
  • Wading pool
  • Floating gymnasium
  • Gazebo
  • Badminton court
  • Futsal/basketball court
  • Takraw court
  • BBQ terrace
  • Herb's garden
  • Meditation deck
  • Indoor playground
  • Children's playground
  • Games room
  • Multi-purpose hall
  • Changing room
  • Surau
  • Kindergarten/daycare

Developer Profile

skyworld-featured

SkyWorld Development Sdn Bhd is a lifestyle property developer with great ambitions. Borned 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: 3.208948,101.689798 

Accessibility, Amenities & Infrastructure

Distance:

  • 5mins drive to Jalan Sentul
  • 5mins drive to Middle Ring Road 2
  • 10mins drive to Jalan Pahang
  • 15mins drive to KLCC

 

Accessibility:

  • DUKE Highway
  • Middle Ring Road 2
  • Jalan Tun Razak via Jalan Sentul
  • Jalan Kuching via Jalan Ipoh

 

Public Transportation:

  • 2km to Kampung Batu KTM Station
  • 4km to Sentul Timur LRT Station
  • 4km to Sentul KTM Station
  • 5km to Sentul LRT Station

 

Future Infrastructure:

  • 5km to DUKE Highway Phase 2
  • 6km to Sentul West Station (MRT Line 2)

 

Telecommunication:

  • Standard area backbone

 

Business Park:

  • 9mins to Sentul Raya Boulevard
  • 15mins to Putra World Trade Centre
  • 15mins to KL city centre
  • 8.5km to Kuala Lumpur Convention Centre

 

Shopping Centre:

  • 3.5km to Giant Hypermarket Batu Caves
  • 3.8km to KL Festival City
  • 8.5km to Avenue K
  • 9km to Suria KLCC
  • 11km to Pavilion Kuala Lumpur

 

School & International School:

  • 0.5km to SMK Batu Muda
  • 2km to SJK(C) Sentul Pasar (Peng Ming)
  • 4km to SJK(C) Chong Hwa, Jalan Pahang
  • 4km to Wesley Methodist School
  • 4km to SMJK Chong Hwa, Jalan Gombak
  • 5km to Chong Hwa Independent High School Kuala Lumpur, off Jalan Ipoh
  • 5km to SK Bandar Baru Sentul

 

University & College:

  • 2km to International Islamic College
  • 7km to TAR University College (TARC)

 

Healthcare:

  • 4km to Sentul Medical Centre
  • 5km to KPJ Tawakkal Specialist Hospital
  • 6km to Columbia Asia Hospital Setapak
  • 6km to Sentosa Medical Centre
  • 7km to National Heart Institute (IJN)
  • 7km to Hospital Kuala Lumpur (GH)

 

Leisure & Recreational:

  • 5km to Taman Metropolitan Batu
  • 6km to Sentul Park
  • 7km to Setapak Golf Range

 

Nearby Landmarks:

  • 4km to UTC Sentul
  • 4km to Batu Caves
  • 4km to HGH Convention Centre
  • 6km to KL Performing Arts Centre

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

  • Location, visibility and environment
Review Notes coming soon.
  • Distance to key locations and growth value of an address
Review Notes coming soon.
  • Concepts, architectural and practicality aspects
Review Notes coming soon.
  • Density of development
This criteria is not applicable to Sky Awani Commercial as there are only 28 limited lots of shop offices.
  • Developer and branding
SkyWorld Development Sdn Bhd is a fast-growing lifestyle property developer. The company has great passion for design and practicality in shaping wonderful living experiences for both the high-end and mass market segment properties. Testament to that, its debut property last year  Ascenda Residence @ SkyArena was over 90% sold without much advertising.
  • Price level and price comparison
.
  • Surrounding commercial, infrastructure, amenities, distance and accessibility
(1) Highly accessible to major highways. Among all new developments on Jalan Sentul Pasar, Sky Awani's location is the closest to DUKE Highway via an existing spur road called Jalan Batu Muda Tambahan 3. This road will be widened to 66 feet dual carriageway.

(2) Jalan Sentul Pasar is the main connecting thoroughfare between the heart of Sentul and MRR2 on the northern side.

(3) The vicinity is a growing business address for small and medium enterprises as surrounding amenities (as mentioned) are being improved and parts of Jalan Sentul Pasar are being widened to three lanes.

(4) Sky Awani's neighbouring development, Maxim Citilights (formerly known as Sentul Prime), is the closest commercial competitor. The circulation of its shop offices are based on a boulevard-styled concept, similar to Scott Garden in Old Klang Road. The most visible difference between both development's shop office components are the no. of units and facade design/appeal, with Sky Awani Commercial having the upper-hand.
  • Existing demographics
Jalan Sentul Pasar is largely a mixed demographic area with lower-to-middle earners on the northern side and a moderate-majority purchasing power on the southern side. There are a significant SMEs community within the Sentul District. Traditionally, Sentul is home to supporting businesses for enterprises in the city centre.

The greater Sentul area is growing in popularity for working middle-class earners and young families as affordability of living right in the heart of the city and/or established townships had become unaffordable to many.

The right commercial product with modern appearance and adequate carpark are of utmost importance to attract people and serve the growing needs of such population.
  • Presence of future catalystic projects
We believe many more developments in the Sentul-Setapak-Gombak Corridor will provide room for commercial shop-offices appreciation. Particularly important is the upcoming MRT Line 2 serving Batu Kentonmen, Sentul District and Jalan Ipoh. Commercial-ability is enhanced with the improvements in connectivity.

Besides MRT Line 2, another major infrastructure project in this corridor is the DUKE Highway Phase 2 which is scheduled to be completed by 2017. The extension of this highway is aimed at easing bottlenecks at Jalan Kuching, Jalan Pahang and Jalan Tun Razak which will result in faster travel time from Jalan Sentul Pasar to the city centre.

We also acknowledged that the River of Life project (Setapak/Sentul/Titiwangsa) would in turn transform the entire landscape of northern Kuala Lumpur in the future, alongside several massive urban redevelopments and rejuvenation projects.
  • Continuity development
Sky Awani is a single-phase development. It is noted that Jalan Sentul Pasar is poised to see further developments that may set future benchmark in terms of pricing, in anticipation of upcoming catalystic projects such as road widening works, a proposed future AEON shopping centre (not confirmed yet), MRT Line 2 and the DUKE Highway extension project.
  • Land tenure
Leasehold.
  • Transit oriented development (if applicable)
Not applicable.
  • Integrated retail concept (if applicable)
.
  • Competitor risk - peer-to-peer product comparison against its vicinity
We have performed several analysis on the shop offices market in the vicinity. [Coming Soon]

 

B. Product Design Buy Factors

  • Practical unit layout design
.
  • Unit orientation
.
  • Fittings and furnishings (if applicable)
Not applicable.
  • Sufficiency of parking bay and carpark allocation
.
  • Design of corridor, corridor spaces and ventilation
.
  • Availability of proper refuse area
.
  • Variety of facilities, green and open spaces
    - Example: For families, children-friendly facilities are to be considered
.
  • Reasonability of maintenance fees based on offered facilities over density
.
  • Impressive and modern façade
.
  • Entrance statement, guardhouse, drop-off area and lift lobby
.
  • Security features and privacy design
.
  • Other unique features (if applicable)
Not applicable.
  • Green rating or greening features (if applicable)
Not 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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