Curvo Residences is the final residential phase of the first integrated development in Setapak, SkyArena.
Continue Reading ⋅ 30 January 2023
Coming up in the hidden neighbourhood of Damansara Perdana is The Essence, a development of Key Wealth Property San Bhd. The Essence, set within the mixed development of The Harbour, will comprise a Small office Flexible office (SoFo) that carries a commercial title.
The Essence will be a massive development of 2600 units that will be housed within 2 blocks, which Block A is 55 storey tall and Block B at 49 storeys. The Essence will sit on leasehold land, and range in built-up between 375 sq ft and 832 sq ft. The launch price of The Essence starts from RM307,000. The completion date of The Essence is set for the year 2021.
Address: Jalan PJU 8/8, Damansara Perdana, 47820 Petaling Jaya, Selangor
Property Type: SoFo
Land Title: Commercial
No of Storeys:
Block A: 55 storeys
Block B: 49 storeys
No of Blocks: 2
Total Units: 2600
Tenure: Leasehold
Sales Gallery: Jalan PJU 8/8, Damansara Perdana, 47820 Petaling Jaya, Selangor
Site GPS Coordinates: 3.171080, 101.616409
Expected Date of Completion: 2021
Built-up area: 375 sq ft – 832 sq ft
- SoFo: 375 sq ft
- 1R, 1B: 485 sq ft
- 2R, 1B: 546 sq ft
- 2R, 1B: 665 sq ft
- 2R, 2B: 832 sq ft
- 2-bedroom unit: 665 sq ft
Launch Price: From RM307,000
Maintenance Fee psf: From RM0.40 per sq ft
Facilities:
Ground Floor Facilities
- Security Guard
- Main Lobby / Drop Off area
- 8th Floor Facilities (yet to finalise)
- Infinity pool
- Gym
- Lifestlye Cafe
- Floating Jogging Track and many more
Special Features:
- Future Damansara CBD Area – Strategic Location – access To Major Highway – First Snow Skidome In Malaysia
- Free SPA & Legal Fees & GST – Free Stamp duty – Free disbursement Fees – Free Fully-Furnished – Attractive Discount
Project Details
The Essence is a project that is part of The Harbour mixed development. The Harbour which will spread out over 65 acres will comprise commercial and business areas, office towers, luxury hotels, a theme park, medical centre and international schools. The Essence is only a small part of The Harbour, but will command a gross development value (GDV) of RM1.2 billion.
Of the many developments within The Harbour, The Essence will be one of the SoFo (Small office Flexible office) developments. Designed to be office buildings, there will be 2600 units of SoFos and The Essence. These units will be housed within 2 blocks, with Block A at 55 storeys being the higher density of the 2 towers. Block B stands 49 storeys tall. The Essence will be a leasehold development that is targeted to be completed by the year 2021. Its targeted completion date is in the year 2021.
Buyers of The Essence will have several layout options to choose from with built-ups ranging between 375 sq ft and 832 sq ft. The starting lunch price for a home at The Essence is RM307,000.
Residents of The Essence will have many facilities to use. While the plans are still in its finalising stage as of May 2018, it is said that there will be a lifestyle cafe, gymnasium, infinity pool – and most astounding would be the floating jogging track. Even with the high number of units, it is said that the maintenance fee for The Essence may be as high as RM0.40 per sq ft.
Location
The Essence is located within the Klang Valley. It is within a stone’s throw of the many amenities in the area. Only a short drive away is Ikano Power Centre and IKEA, the neighbourhood shopping mall that is visited by citizens from all walks of life. And then only a few kilometres further is the 1 Utama Shopping Centre, one of the most popular shopping malls in the city. More options are only down the road at Kota Damansara with the Sunway Giza mall. Within the Kota Damansara area is also the busy business hub that is home to many F&B outlets and banking facilities.
Among the other things that residents of The Essence will be able to look forward to for families with children is the number of quality educational institutions surrounding the development. Preschoolers especially have a wide variety of options, including Smart Reader Kids and Little Bee Montessari Preschool.
There are also the local schools SK Bukit Lanjan that is only 4.3 kilometres away and a couple of national schools in Bandar Sri Damansara next door. The closest medical centre to The Essence is the Tropicana Medical Centre that is only 7.6 kilometres away.
The Essence is well connected via the the Damansara-Puchong Highway (LDP) which provides connectivity to the SPRINT Highway and the Federal Highway as well. With these roads, residents will find that getting to the other major suburbs will take only minutes. For example, Petaling Jaya will be only less than 10 kilometres away and the busy hub of SS2 only about 7 kilometres from The Essence.
Within a 5-kilometre radius of The Essence are other successful major townships including Desa ParkCity, Bandar Utama, Taman Tun Dr Ismail (TTDI)
Analysis
The Essence is one of the more affordable developments within Damansara Perdana, due to its smaller unit sizes. While this makes it possible for the typical home buyer to own a property in the neighbourhood, a high density of living is something that they will need to deal with.
|
Name of development |
Land Tenure |
No. of Units |
No. of Levels |
Largest Build up Area |
Selling price |
|
The Essence, Damansara Perdana |
Leasehold |
2600 |
55 |
665 sq ft |
From RM307,000 |
|
Armanee Terrace,Damansara Perdana |
Leasehold |
522 |
18 |
2,652 sq. ft. (4+1) |
From RM1.22 million |
|
Sky Villa, Damansara Perdana |
Leasehold |
65 |
10 |
1,940 sq. ft. and 2,146 sq. ft. |
From RM1.2 million |
Summary
The Essence was originally known as Empire 2, but the plan was scraped and the project was taken over by a developer with more solid financial standing. The general consensus in the market is apprehension on the high density of developments, but there are still buyers who have strong confidence in The Harbour’s project as it is located in an excellent location.
