Friday 19 Apr 2024
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This article first appeared in City & Country, The Edge Malaysia Weekly on February 7, 2022 - February 13, 2022

Altris Residence in Seksyen 10, Wangsa Maju, Kuala Lumpur has seen a take-up rate of 77% since its launch on Oct 22 last year. Developed by Beverly Group Sdn Bhd in collaboration with Mapletree Investments Pte Ltd, Altris Residence has an estimated gross development value of RM340 million. It is the fourth project in the 16.5-acre Quartz WM estate, following Lexa Residence, Fera Residence and Henna Residence.

“We aim to deliver lifestyle concepts that add joy to our customers’ everyday lives and create products that focus on good design, quality and safety while being mindful of balancing creativity with functionality. We also intend to build a sustainable community there so the property will have a good value in terms of appreciation and yield,” says Beverly Group senior manager of sales and marketing Alexis Ng in an email.

Occupying a 1.97-acre site, Altris Residence will comprise three adjoining 43-storey towers that offer a total of 551 serviced apartments and 988 parking bays. The project is expected to be completed in 2025.

Drawing inspiration from luxury boutique hotels, Altris Residence will have two lobby areas that are connected to a central grand entrance. Lobby 1 (wood-inspired) will cater for Tower A and Lobby 2 (stone-inspired) will be for Towers B and C. “We will incorporate a facial recognition system in the lobby areas to enhance visitor management and security for residents,” says Ng.

Ng: We meticulously spread out the facilities and usage over several floors and sections to reduce congestion at a specific area (Photo by Kenny Yap/The Edge)

According to the developer, the typical units at Altris Residence will have built-ups ranging from 646 to 1,443 sq ft, with layouts of 2-bedroom, 2+1 bedroom, 2-bedroom duplexes, 3-bedroom, 4-bedroom, 5-bedroom and 5-bedroom duplexes. Prices start at RM490,000. “Some of the units will come with flexi bathrooms (dry and wet) while for the duplexes, residents can fully utilise the additional space below the staircase as a storage area. For the bigger 5-bedroom units and 5-bedroom duplexes, the additional room can be used as a bedroom or converted into a home office or music, hobby or study room,” she says.

The special units will be located at the podium on level nine. Priced from RM600,000, there will be six pool villas and 25 garden villas or private enclosed space units with built-ups of 765 to 2,379 sq ft. Ng highlights that the pool villas will allow residents to have direct access to the swimming pool, while the garden units will come with a private garden terrace. There will also be an exclusive 2,272 sq ft 4+1-bedroom duplex unit that comes with a private garden terrace and direct access to the pool.

All units will be fitted with kitchen cabinets, hobs and hoods, sanitary fittings, water heaters, floor and wall tiles, as well as air conditioners in the bedrooms and living area.

Meanwhile, Henna Residence has been fully sold since its launch on Aug 24, 2019. It comprises three towers of 23, 30 and 39 storeys, with a total of 653 units. Priced at an average of RM700 psf, the 657 to 3,198 sq ft units are expected to be handed over this year. Due to the positive response, Ng anticipates there will be pent-up demand for Altris Residence as the overall market sentiment is recovering.

Altris Residence will comprise three adjoining 43-storey towers with a total of 551 serviced apartments (Photo by Beverly Group)

The development, she says, is equipped with all the facilities that most urbanites look for. “Space planning has become significantly important since the Covid-19 pandemic, and developers should keep in mind not to overcrowd spaces. Thus, we meticulously spread out the facilities and usage over several floors and sections to reduce congestion at a specific area.”

There will be three facility levels. The ground level will consist of a family pool, boulder gymnasium, tree house nursery, co-working melting pot and multipurpose room; the podium (level nine) will house an infinity edge pool, 50m lap pool, podium gymnasium, Jacuzzi, seating Jacuzzi pod, lazy deck, garden walkway and barbecue deck; and the rooftop will have a barbecue patio, sky lounge and sky deck overlooking Bukit Tabur. The estimated monthly maintenance fee is 40 sen psf.

“There will also be electric-vehicle charging stations at designated areas and electronic lockers for contactless delivery services, which is more convenient and easier to maintain in the long run,” says Ng.

The development is easily accessible via Jalan Genting Kelang, Jalan Ampang, the Middle Ring Road 2 and Duta-Ulu Kelang Expressway. Ng says the Setiawangsa-Pantai Expressway (DUKE 3), which is under construction, is expected to further increase the capital appreciation of Altris Residence and other properties in Wangsa Maju.

Nearby amenities include Wangsa Walk Mall, AEON Alpha Angle, Melawati Mall, Setapak Central, Tunku Abdul Rahman University College, Fairview International School and the Royal Selangor Visitor Centre. “There will be a free shuttle service to take residents to and from the Sri Rampai LRT station and Wangsa Walk Mall, both of which are a five-minute drive away,” says Ng.

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