Wangsa 9 Residency

Wangsa 9 Residency

One of the biggest projects for Mitrajaya (notably the developer of Puchong Prima as well as Kiara 9 in Mont Kiara), Wangsa 9 Residency is a residential development in Wangsa Maju spanning nearly eight acres of leasehold land. Valued at some RM650 million in terms of gross development value (GDV), this high-end serviced residence houses some 565 units across three blocks of condominium towers.

Early reception has been quite impressive – according to the developer, the take up rate during its “invite only” launch was at about 70% for one of its blocks.

Unit Details

Unit sizes range from 1,033 sq ft up to 2,336 sq ft and come in the following configurations (which admittedly look quite confusing in terms of the naming convention):-

  • Type A, Unit 3 (1,033 sq ft)
  • Type A, Unit 3A (1,033 sq ft)
  • Type B (1,733 sq ft)
  • Type C (1,647 sq ft)
  • Type D, Unit 1 (2,336 sq ft)
  • Type D, Unit 2 (2,336 sq ft)

Each of the units come furnished with kitchen cabinets as well as air conditioning units and wardrobes in all the rooms. Additionally, the living and dining rooms as well as the bathrooms feature marble flooring while the bedrooms have solid timber flooring.

The developer seems to pay special attention to the common areas (with timber and marble flooring in the lobby) which should well translate into better sub sale performance. According to an insider whom we spoke to, it seemed that the developer took cue from its success with Kiara 9 project which could boast of resort-like common areas.

Facilities-wise, there are bicycle and roller stake tracks as well as rock-climbing facilities and a water theme park. Maintenance fees are around 30 sen PSF.

Connectivity

Connectivity-wise, Wangsa 9 Residency has the advantage of being near the Sri Rampai LRT station which is six stops away from KLCC. Also, being next to a huge green lung is a selling point – this is a rare feature especially among city condominiums which are often built close to skyscrapers and other tall apartment blocks in order to maximize space.

Being near Wangsa Walk also means that there is easy accessibility to retail shops and entertainment outlets. According to a Wangsa Maju specialist agent we talked to, Wangsa 9 has got the advantages of being somewhat alike a “mixed development” without the associated problems (i.e. having to deal with transient traffic and jams caused by shoppers). We tend to agree.

WHAT WE THINK: Wangsa Maju is hardly known for its high end condominium projects, but Wangsa 9 Residency is decidedly upmarket given its +10% premium over comparable properties in the area (Infiniti Residences, Hedgeford 10, Irama Wangsa, Seasons Garden). During its initial launch of one of the three blocks, prices were around RM600-700 PSF, and we do expect prices to go up in the subsequent launches. Wangsa Maju remains one of the areas which are fairly close to the city and yet still somewhat “underdeveloped” when compared to other areas which are nearer to the city centre. Given the area’s “lower middle class” perception, Wangsa 9 may well stand out from the rest given its luxury trimmings and premium prices.

UPDATE: Part of the land is on a hill slope. Just so you know.

Image source: www.wangsa9.com

About Khai Yin

When I am not writing for GoodPlace.my and helping my readers find properties though the DealMatcher service, I spend time doting on my three kids: Wenyi, Qinyi and Eian. My personal stuff, some published essays and contact details can be found at khaiyin.com

Comments

  1. WangsaGuy says:

    Any review on KL East development? Particularly on recently launched Quarza Residence?

Speak Your Mind

*