The Malaysian Reserve – Monday, 25 June 2012
Trinity Group expects its development in Seri Kembangan, Selangor, to achieve meaningful value appreciation
THE next hot address in the Klang Valley may well carry the Seri Kembangan post-code. Situated between Puchong and Cyberjaya, the area is fast developing as a new growth centre with several commercial and residential options to choose from.
Among the latest to be launched is Zeva @ Equine South by developer Trinity Group.
“Zeva is in an up-and-coming investment area,” said Dato’ Neoh Soo Keat, Trinity’s founder and managing director, during a media briefing last week.
“From Puchong, we are seeing demand move southwards to Putrajaya and Cyberjaya … we are along this corridor of demand.”
He pointed out that the commercial project has been designed to include “affordable homes for those shuttling between Puchong, Cyberjaya and Kuala Lumpur”.
“We want to provide occupants with a wholesome and holistic living experience and make it ‘the crown jewel’ of Bandar Putra Permai,” he said.
Zeva (which means “bright” in Greek) is a mixed-use development comprising 12 retail shops of three and four storeys (5,703sq ft to 13,423sq ft from RM2.8 million), 446 serviced apartments in a pair of 15-storey blocks (881sq ft to 1,536sq ft from RM350,000) and 320 studio units in a 20-storey block (455sq ft to 638sq ft from RM220,000).
Based on the starting price and a 90% loan margin repaid over 30 years, the monthly instalment would start from around RM1,000, making the project a viable option for first-time home-buyers and households with incomes of RM3,000.
Even at this price, residents will be able to indulge in life-style elements such as a state-of-the-art gym that will be constructed to appear as though it’s floating atop the swimming pooh a 50m Olympic-length pool, a three-tier sky terrace that will be landscaped to serve as a green open space, sauna, multipurpose hall, laundrette, cafeteria, barbeque area, childcare centre and playground.
The project will be secured by a four-tier system. The leasehold project on a 3.71-acre site located at the intersection of Jalan Putra Permai and Persiaran Pinggiran Putra in Bandar Putra Permai will have a gross development value of RM260 million.
Accessible from KL or Petaling Jaya via the Lebuhraya Damansara-Puchong, South Klang Valley Expressway, Maju Expressway and North-South Expressway, the proposed Serdang-Kinrara-Putrajaya Expressway and Kinrara-Damansara Expressway are expected to enhance the project’s connectivity.
