Located near PWTC.

Urban dwellings to suit the young generation.

Coming Soon.

Parking for more info

parking

Parking

Interesting...

Not more than 800 psft possible mou

By Matrix Concepts aka Master developer of Bandar Sendayan ?

http://www.theedgemarkets.com/article/matr...oject-september.

In this maiden venture into KL, Matrix Concepts plans to launch 507 units of serviced apartments with built-up sizes ranging between 450 sq ft and 1,000 sq ft.

“Indicatively, the selling price of the units will be around RM1,000 psf to RM1,300 psf. If it’s a fully-furnished unit, the price will be higher,” he added. The project is located at Jalan Putra, KL, close to PWTC and the Putra Light Rapid Transit (LRT) station.

Wow parking!

https://www.propertyguru.com.my/new-propert...4035699#details

interested

PARKING

Monorail? How far away?

The nearest monorail is chow kit station right??
LRT we all know its PWTC station while KTM is Putra 😊

Not covered walkway.

Yup Chow Kit station..😊

At $1000+ psf and $150/night Airbnb rental, it will need more than 10 room night/month to break even.

Room rental is projected to slide with oversupply, will need even more room night/month to break even.

This post has been edited by icemanfx: Mar 4 2018, 05:08 AM

Ahh that's bad..
Rain & hot sun.. GG lor 😥

basically u r helping him to re-advertise lol

Ya lo.... why write parking instead of...

PM ME PLs!

how many blocks? i assume its 2? then each has about 250 units?

Moderator should bar all that posted 'parking'.

Nothing more than spam.

Any roof top pool?

Price below 400k?

Pm me pls.

this location around 800++ psf... near sani hotel... slightly further away from pwtc and lrt station... but its better option than duta park... at least shoplots are nearby... and walking to lrt station is not that torturous... but their largest size seems like less than 1000 sq ft... cater for Airbnb again..... =.=

Different strategy I guess. Just look at Bistari Condo for nearest benchmark.

The location of dutapark reflected in the price..starts from rm550psf+..

and this matrix first high-rise project near city center... their BSS looks good... dont know how will their high-rise performs... for airbnb this is a not bad location... although alot of budget hotels nearby... and also regalia and those villa putra puteri sekalian... always saw a lot white people walking out from there... and at least this is freehold...

My gut feeling the studio will be ok, rental demand and rate wise. Regalia is doing rm2-2.3k studio despite some discount should be accorded on this Chambers.
Most important is fully fitted kitchen include microwave hood and hob.. to fully furnish maybe another rm10k...
Based on rm370k (what I heard), based in LTV 70, should able to breakeven or small +ve CF.

Regalia got ythe killer pool view to klcc.....

Their only selling point...

yea... and there are damn alot of listing of Regalia in airbnb... all selling the same view klcc view from the unit and klcc view infinity pool... if the facility floor of chambers is high enough... they can see KL tower view.... as an alternative

Hihi...its like when u stay in regalia...u actually will be putting up mattress next to the pool.....star glazing whole day...

Nobody ever show the interior pixs of apartments lobby drop off and etc .

and i think those tenant din reli care... during those holiday seasons... regalia airbnb can be fully booked... quite impressive xia... and alot of proposal, hen's night, birthday party happen along there... of course... also release steam activity.... the view is just a decoration to bring forward your needs...

Release steam????????

You mean....????

Dont answer

Normally I dont post details but since some requested:

Developer: Matrix Concepts
Type: Serviced Apartment
Area: 1.05 acre
Tenure: Freehold
Building: One 33-storey inclusive 9 level podium carpark
Total Units: 509 units, and 4 units of shoplots
Type A1: 454 sf / studio
Type A2: 450 sf / studio - from RM429k
Type A3: 451 sf / studio
Type B: 653 sf / 2BR 1B
Type C: 908 sf / 2 Studios 2B

haha oops. Sorry

This project quite good imho..very low density..low competetion..BBB

How you call a project 500units/acre is low density?

Aiyo, u want 200 unit ah..where to find..

most of it are studio size units... if most of it are 900 sq ft units... than it would be only 200+ units on 1 acre land...

That is not the point... 500units/acre is not low density...

I wonder how high i can get with this project

Is it studio include in your per acre calculation..density means total people per acre or unit per acre..

Give more details. The breakdown of each type...

based on agent sharing... 20% of the units are 900 sq ft.... 600 sq ft only 13%... the rest all studio size...

Am more worried abt 9storey of cp podium.....

Is this project got dedicated ramp to each floor?

Otherwise pusing pusing sampai pesang....

Type A1: 454 sf / 239 units
Type A2: 450 sf / 46 units
Type A3: 451 sf / 46 units
Type B: 653 sf / 68 units
Type C: 908 sf / 110 units

So low dens or not gks..

cheapest units at lowest floors no carpark. with carpark will have price jump.

1 acre land. do not think they have space for dedicated ramp.

My view it is still high density development similarly to other newly launch such as Vertical (Cheras), Southlink (BS), Centura (Sentul), TR (Titiwangsa) etc.

Then again this is the trend of newly launch development in Kuala Lumpur where DBKL relaxed the plot ratio of the development in exchange for more affordable properties.

Just a sharing there are still new launch with 200unit/acre density such as like Rica Sentul where 85% of units consists of 1 & 2 bedrooms variance and below 1000sqft. You just need to look harder...

Hi, where is the exact location for this project? and the price range from?

near sani hotel.... around 800++ psf... look at the sizes above and calculate yourself.... i think comes with semi furnished for all units....

miss out got lelong unit at bistrari condo last week. 13xxsqft at 480k. cheap. no idea end up at what price.

Did they have the sales gallery already? Seems like the location is better than Duta park, Looking for investment in a property

Yes, sales gallery in Seremban Matrix HQ. Visitor can visit anytime at their HQ, opposite KFC temiang Seremban.

Only scale model and layout, no show room.

Open to public in April.

This post has been edited by myren25: Mar 12 2018, 01:07 PM

Location is definitely better... and reflected in PSF.

they dun intend to have sales gallery in KL?????

500 unit/acre... high enough...?

Wow... that's so high...

So hai indeed...

matrix first project in KL... wonder how's the response

Able to compete against Regalia?

this one losses out on killler swimming pool view.......cmi.

very hot swim under the sun..

Too bad the swimming pool is not on the roof top. Regalia will definitely win in this part. Is there any sky facilities at all?

none.

You can swim either in the morning or evening. Not necessarily need to swim in the afternoon...

But really small sized units (450sf - 908sf) based on the official site.

Only one unit with 509 unit

given how chowkit area is with almost no OK type fnb how will this be able to be an airbnb hot-spot.

Ppl assume taking regalia located nearby as the datum. Reason why regalia is popular airbnb spot coz of the fantastic infinity view only. Chambers will totally be no match.

Wait until the juggernaut Sky Suites is VP-ed.. all the airbnb operators in The Face, Vortex, Regalia, Summer Suites will migrate there....

300m to sunway putra mall, no OK fnb there?

not sure if it is good or bad response, acc to agent it is about 20% or about 100 units booked. Target launching is april.

I was told that area is actually cina area....banyak cina food.
You dun go chowkit to look for cina food lah

those older condos there doing quite well in term of short term stay though... puteri putera court... alot of angmohs in and out from those condos... the tune hotel and sani hotel nearby there business also quite good.... for this condo... once u come out through sani hotel exit... turn left... u see the old an ugly part of jalan ipoh but more economical chinese foods.... turn right... will see a better view of sunway putra + pwtc lrt + halal foods (the top level at sunway putra doing quite well during lunch hours)....

regalia issue is they have no commercial activities within walking distance unless maju junction? but the view reli the main attraction....

Good to benchmark with Regalia.

I am just seeing a normal condo to be built in jalan ipoh kecil.

Some more I heard no drive thru lobby due to limited land can be used. Please confirm this.

cant fully benchmark with regalia as the location also different and also the facilities design... its better to benchmark against those condos near jalan ipoh kecil or jalan putra....

the land is really super small with one lane road surrounding the location... old shoplots and some open air car park... if they wanna make a drive thru lobby... the condo size have to be shrunk...

thanks for sharing, aaron1717 boss.....

looks you're very familiar with this place or you've conducted your site visit?

because you seem know of the surrounding there very much.......

See u tomorrow at chamber site

mayb a better benchmark would be Vue residence which is less than 1km away... Vue Res also mainly consists of small studio units if I am not wrong...

see you bro!

belanja makan after site visit ya.....

very familiar... last time because of work... always go there one... the current chambers site is a car park... mostly parked by tan chong staffs... now i wonder where they gonna park after this site started construction... during umno meeting, pwtc events, putra mall events... the car park always full one.... and the tune and sani hotel businesses quite good....

vue residence dont have the advantage that this area have... in term of disadvantage... bang adik aje.... surrounded by old shoplots... alot of foreigner workers... old and messy shops... at least chambers here surrounded by pwtc, tan chong, sunway putra... and alot of angmoh tourists like to stay at airbnb around here...

how is sunway putra mall? haven't been there since Sunway took over the mall...

i also long time never go there already... my fren who worked in tan chong say business not bad... at least during lunch hours on weekdays... weekend... decent crowd... better than quill city mall at least in term of traffic.... good thing is they get supported by whatever event that happen in pwtc... their business will boom seasonally...

We went there for last week's MATTA Fair. Was thinking of parking there to go to PWTC but saw a long line of cars going into it and after getting stuck in the jam for half an hour, decided to go to park at the church near Masjid Jamek and take the LRT there instead. Saved a lot of time by doing so.

Seems pretty crowded when we popped by there after visiting the fair. Like what aaron mentioned, business picks up whenever there are events held at PWTC, it seems. On one weekend with no events held there, don't see that many people in the mall.

Angmoh got stay near PWTC one meh

How's the F&B outlets there? Two years back went there it was quite empty and few shops are closed as well.

There will be a drive thru drop-off area at the lobby area.
From the plan I see, they have a quite a sizeable lounge area + security reception at the ground floor

not pwtc... the putera puteri court behind sunway putra... they like to stay in airbnb than hotel nowadays anyway... haha

now all filled up already... especially the food street... very good lunch crowd business during weekdays... weekend... soft performing....

Is it the block that is white and looks quite rundown one? Or is it the one in brown. Brown one looks like a hotel lol

yea correct... they have different blocks there... one call putera one call puteri.... lol.... more comparable in term of location and distance to putra mall/LRT

But puteri and putera don't know have studio units like Regalia and Vue , right? If so, then it is hard to benchmark Chambers with Putera/Puteri as well...

On that day it was doing alright with a number of people dining there, but from my last visit a year ago on one Saturday, I only see one or two tables with diners. Didn't really take a good look as we weren't looking for something to eat there.

This post has been edited by DesRed: Mar 24 2018, 12:49 PM

well... cant take a perfect comparison though... can gauge based on the potential demand there only... for me regalia despite not to far away... but they are not actually attracting the same type of tenant... but thats just me only... maybe using the rental rate and size of putera puteri and try to estimate from there..

Right...
Judging from the rental from Regalia n Vue today with similar type and built up (1.8k to 2.3k per month), Chambers studio should do well from rental play point of view 4 yrs down the road, with arguably better location and newer.

This post has been edited by Vector88: Mar 24 2018, 01:43 PM

But the crowd still isn't as good right. I don't think it was ever good, but at least it got better after Sunway took over. Back then it was just another dead mall like Endah Parade

Kinda like the retro, speakeasy design theme of the serviced apartment

From iproperty:

This been shared two weeks ago.

Is it, where? I only got this info these few days...