IF you are a fresh graduate, have a steady job and would like to invest in a property where you can stay, rent it out or perhaps sell it later for a profit where would you put your money?
Well, buying a house in a prime location like Subang Jaya may be beyond your reach. How about a studio unit with minimal upkeep, good security and privacy assured?
The newly launched Akina e-suite in Subang Jaya may be worth considering especially for “yuppies”, young couples without children and single executives who are always on the go.
The Akina studio units are part of the Tiaraville serviced suites being developed by Titijaya Group's member company NPO Development Sdn Bhd.
It is located beside Carrefour Subang Jaya. The KTM commuter station is just across the road while the Subang Parade shopping centre is a few minutes walk away. There are also several colleges in the vicinity.
Tiaraville comprises of four blocks with 679 units. Blocks A and D are 95% sold while Blocks C (all Akina e-suite units in an 18-storey block) and B that were launched two weeks ago have also reported “very encouraging sales”. Blocks A, B, C and D have 155 units, 186 units, 203 units and 135 units respectively.
Titijaya has a service suites project called e-Tiara under construction beside the Tiaraville. The e-Tiara launched earlier with 304 apartments units have been fully sold. Its 20 retail lots are about 60% sold while Tiaraville’s 32 retails lots have not been opened for sale.
Many people turned up recently to view the studio show unit at the Tiaraville property gallery at the project’s site. There was also a Baba Nyonya comedy show, lunch and other entertaining activities.
There are two types of Akina studio units: 500 sq ft and 447 sq ft. Both have the same layout where the bedroom is open to the living area. There is only one bathroom. The price is from RM151,000 to RM191,000.
Titijaya group senior general manager Joyce Sin said purchasers of the studio unit would also get a free car park bay each. She said normally such units in other developments do not have a free parking bay. The price for an additional bay is RM15,000.
“The studio unit is like a hotel suite. For the early birds, we are giving a free MFI kitchen cabinet. This offer is valid until end of this month,” she said, adding that the studio unit’s bedroom could be partitioned.
Sin said the Tiaraville was selling well despite new condominium launches in the area. “Our four-bedroom 954 sq ft Type C units (called Xizen) are very popular. All the Type C units in Block A and D have been sold. So we are introducing this design for Block B,” she added.
Titijaya marketing manager Amy Lee said the Akina is priced below RM200,000 to make it affordable for the “yuppies” group especially fresh graduates who have just started out to work.
“They can come out with less than RM10,000 (down payment) to own a unit rather than renting an apartment. After a few years when they get married they can upgrade to a bigger unit or buy a house. They can then sell or rent out their studio unit,” she said.
The Tiaraville facilities will include a swimming pool (infinity pool concept) with wading pool, 24-hour security with card access, CCTV at car parks, 1,600 parking bays, broadband Internet access, gymnasium with pool view, outdoor fitness station, children’s playground, poolside cafetaria, squash courts, multi-purpose hall, visitors’ car park, nursery, housekeeping services, in-house retail outlets and a one-stop healthcare centre offering various types of traditional health therapy.
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