The landscape of Happy Garden and Kuchai Lama in Old Klang Road has changed greatly over the last five years.
Where it was once known for its hodge-podge of unkempt buildings around the Kuchai Entrepreneur Park area and tightly packed terrace houses in Happy Garden, these days it is bustling with developments.
Happy Garden and Kuchai Lama are centrally located, less than 8km from Kuala Lumpur’s city centre and are directly accessible to KLCC, Petaling Jaya, Bangsar, Subang Jaya and Shah Alam via the KL-Seremban, Maju, Kesas and NPE highways.
Large property developers are startng to focus on this area, with the launch of several high-rise luxury residential projects.
Prices are quickly catching up however, with most of the projects currently sold at the RM430-530 per sq ft range, which is a benchmark price in this part of Old Klang Road.
It is on the hill further down south around Jalan Senang Ria at Happy Garden where the action is really happening. This main road links Kuchai Lama, Happy Garden and Sri Petaling altogether.
Seri Gembira Avenue or as SG Avenue is the only freehold commercial development that is currently under construction out of the 10 new developments in the area.
Strategically located within a short walking distance from six new residential projects, SG Avenue will be a vibrant lifestyle business centre for residents to enjoy the many conveniences offered, as well as relax and unwind at the Street Boulevard. SG Avenue consists of four blocks of five-storey shop-office units totalling 200 retail shops and office suites and eight large commercial lots, with over 700 car parks.
The retail shops and office suites range from 1,250 to 2,420 sq ft and are priced from RM397 per sq ft onwards.
A new Chinese school, SJK(C) La Salle, which is approximately five minutes walk away, will open in June 2012 and is expected to have 2,000 students.
SG Avenue will be an alternative business location for business operators and visitors from the nearby shop-office units facing heavy traffic congestion and insufficient car parks.
In addition, most of the existing multiple storey shop-office units in the area do not have lifts to access the upper floors.
One of the selling points of SG Avenue is the fact that it is a strata title project where purchasers have the choice to buy individual shop or office units without the financial obligation of owning the entire five-storey block.
More than 75% of the units have been sold, with a majority of the buyers being SME owners who have bought units for their own business purposes. This eliminates concerns that there will be a large number of unoccupied units upon its completion in early 2014.
The developer, Tulin Development Sdn Bhd, has engaged a prominent retail consultant to attract the right tenancy mix for the commercial lots at SG Avenue.
There will be an appreciation event tomorrow and Sunday from 11am to 6pm at the project site for its buyers and the public to view the current construction progress.
Purchasers will be entitled to rebates, free legal fees and lucky draws.
For details, contact Bernard (012-248 2161), Kevin (012-270 5688), or Fu (012-305 2826) or visit www.sgavenue.com.my.