TRAFFIC congestion in Kuchai Lama, Kuala Lumpur, may have worsened in the last few years especially on the internal roads, but this is mainly due to narrow streets and haphazard parking.
Common sense, courtesy and stricter law enforcement will solve the problem. Other than that, Kuchai Lama is very attractive to property investors as it is strategically located and has good access via the Kuala Lumpur-Seremban Highway, the New Pantai Expressway, Maju Expressway and the Shah Alam Expressway.
Kuchai Lama is also directly accessible from the Stormwater Management And Road Tunnel.
The connectivity and accessibility has made it convenient for residents in Kuchai Lama to travel to neighbouring areas like Taman Pagar Ruyung, Taman Continental, Taman Gembira, Taman Indrahana, Taman Lian Hoe, Taman Desa, Bandar Tasik Selatan, Salak Selatan, Taman Sungai Besi, Taman OUG, Bandar Baru Sri Petaling, Desa Petaling, Taman Bukit Angkasa, Bukit Kerinchi, Taman Desa Kerinchi, Taman Esplanad, Alam Sutera, Bukit Jalil, Technology Park Malaysia, Serdang and Seri Kembangan, as well as Bangsar and Petaling Jaya.
Contractor-turned-developer Menta Construction Sdn Bhd is banking on these advantages to launch aRM1.4 billion mixed-use development in Kuchai Lama and is bullish on sales.
The project will feature four residential towers of between 38- and 42-storeys and a net lettable area of 80,756 sq ft, atop an elevated retail/office and car park podium. The development sits on a 2.8ha site which was acquired by Menta Construction for RM15 million in 2012.
Its chief executive officer Tan Choon Hock said the project will be developed in two phases. Phase 1 comprises Tower A and B and will house a total of 941 serviced apartments and 40 duplexes. There will also be 45 retail outlets.
Tower A will be launched this month, and depending on the market condition Tower B will follow suit, said Tan.
“We are targeting both the young and old generation, as well as upgraders and investors.
There will be attractive pricing for early birds. We are quite bullish on sales as Kuchai Lama is a matured market. It is fast becoming the latest hotspot thanks to infrastructure development in the last few years.
“We believe the timing is just right to launch after holding the land for six years.
There are many high-rises in the area and most of them have high occupancy.”
Tan said Menta Construction has completed earthwork and started piling.
The apartments in Tower A come in four layouts—the smallest unit at 656 sq ft with 1+1 bedroom and one bathroom while the biggest at 1,312 sq ft with 3+1 bedrooms and three bathrooms.
The duplexes have a built-up of 714 sq ft.
The units will come partially furnished with kitchen cabinets, hood and hob, water heaters, shower screen and air-conditioning units.
Tan said the unique selling point is that all four towers will be the tallest in Kuchai Lama once they are fully completed.
“Every unit will have a good view. Some will overlook the one-acre park, which we are developing as part of the development.
We also have a good car-park strategy where there will be 1,000 bays for visitors. We want this to be a meeting place and parking must be hassle-free for boththe residents and visitors,” he added.