Ascenda Residence @ SkyArena

Ascenda Residence @ SkyArena is a condominium development made in conjunction with a bigger project called SkyArena. SkyArena is an enormous project that consists of a multi-faceted sports hub named SkyArena Sports Complex and the residential and leasehold property in focus, the aforementioned Ascenda Residence. NTP World Group releases its property development arm, NTP World Development to be the one pulling the strings behind this SkyArena estate. Setapak is the enclave that had been chosen to host the massive premise, and Ascenda Residence @ SkyArena is set to be ready by the end of 2017.Podium parking of eight levels is a facility that can be found at Ascenda Residences @ SkyArena, and on the same block are the 64 units of condominiums, out of the total 650, making them a one-of-a-kind combo. The other units are located in the other two towers, one with 19 floors and the other with 28 floors. The whole structure is built on a 3.35 acres of land, and the units have the built-up sizes that range from 903 to 1,470 sf.Buyers of each unit at Ascenda Residence @ SkyArena would have on their hands two parking bays, just enough for a small family and luxurious for a young and single adult. In terms of facilities, Ascenda Residence @ SkyArena is equipped with quite a number such as the condominium-rudimentary playground, semi-Olympic-sized swimming pool, children's' pool, par course, barbecue pavilion, multipurpose hall and the gasp-inducing cantilevered sky gymnasium, aerobics room, yoga deck, floating gazebos, jet spa, herbs garden, sky garden and many others.Ascenda Residence @ SkyArena's most deafening amenity is of course the SkyArena Sports Complex, the mega sports centre with some really eyebrow-raising components, namely an Olympic-size swimming pool, board and scuba diving, badminton courts, rock climbing, an aerobic room, futsal pitches, a football field, basketball courts, a sprinting track and classes like dancing and martial arts. Not forgetting are other facilities such as a childcare centre, a sports medical centre and a cafe. Besides the sports complex, the residents of Ascenda Residences @ SkyArena are served with shopping centers such as KL Festival City, Wangsa Walk, AEON Big, Giant, Suria KLCC, Great Eastern Mall, Avenue K and Ampang Park. Schools for the young include SMK Ayer Panas, SK Marian Convent, Sri Utama International School and Fairview International School, while the older ones can go to the nearby TAR University College, Universiti Kuala Lumpur and the International Islamic University Malaysia. Moreover, the medical stops of the vicinity are Tawakal Hospital, Kuala Lumpur General Hospital, Gleneagles Hospital and Columbia Asia Hospital. All these amenities are scattered around the surrounding areas like Wangsa Maju, Danau Kota and Taman Sri Rampai.Jalan Ayer Jerneh is the road that fronts Ascenda Residence @ SkyArena, and it extends from the popular Jalan Genting Klang. That road in turn leads to the entry of Duta - Ulu Kelang Expressway, or known as the DUKE. On the other end, Jalan Genting Klang is connected to the expansive Middle Ring Road 2 (MRR2). The mentioned Jalan Ayer Jerneh is planned to undergo widening construction, up to 100 feet, and its connection to Jalan Genting Klang will be elevated, literally, in the future as a flyover is also in proposal. No immediate train station is available, except for the 10 to 15 minutes-away Sri Rampai, Wangsa Maju and Dato Keramat LRT stations. But, buses and taxis are aplenty in the area.

Property Details

Name: Ascenda Residence @ SkyArena

Address: Jalan Ayer Jerneh, Off Jalan Genting Kelang, 53200 Setapak, KL

Developer: NTP World Development (a member of NTP World Group)

Completion Date: End of 2017

Type: Condominium

Tenure: Leasehold

No. of Blocks: 3

No. of Storey

Block A: 19

Block B: 28

Block C: 8

No. of Units: 650

Block A: 250

Block B: 336

Block C: 64

Land Area: 3.35 acres

Built-up: 903 - 1,470 sf

Maintenance Fee: RM0.30 psf

Launch Price: RM349,900

Layouts

Condominium

903 - 1,470 sf

Facilities

Covered children's playground

Par course

Reflexology

Cantilevered sky gymnasium

Aerobics room

Yoga deck

Meditation deck

Half-Olympic-size swimming pool

Floating gazebos

Lazy deck

Jet spa

Kid's pool

Barbecue pavilion with barbecue pit

Herbs garden

Multipurpose hall

Sky garden

8 levels of podium parking

Analysis

It is hard to not think about the SkyArena Sports Complex when mentioning Ascenda Residence @ SkyArena. Since the two infrastructures are constructed under one umbrella of a property, the two are complementary to one another. Both are set to influence one another in term of population and traffic, and the hope is that they will prosper together.NTP World Group however, is a strange name to the property scene in Malaysia. The whole SkyArena estate is their first ever property, and they are certainly beginning with a bang. The land in which the complex is built on belongs to the City Hall, which alludes to the fact that Ascenda Residences, and subsequently the whole SkyArena domain has certain government connections to it. Interestingly, the sports complex had been earlier announced by the government, dubbed as the 1Malaysia Sports Complex. The centre was supposed to be finished by 2014, yet it did not take off, even until the year 2013. Then, SkyArena is announced. Anyway, this outlandish property is set to help the local community and KL people as well in finding a place to sweat on with various sporting facilities. More upcoming phases are also in the planning stages. But there is that bit of a concern about this coming from a first time developer, as first time developers are prone to certain disappointments in promises and delivery. Still, nothing should be discarded just yet.The area in which the development is rooted on is not the most sumptuous area available. The traffic is also quite heavy, though not to the point that it becomes a huge trouble just yet. Standstills are rare occurrences, just that the vehicles can be of huge volumes sometimes. Jalan Genting Klang is the obvious perpetrator of this phenomenon. But the widening construction that will be applied on Jalan Ayer Jerneh and another proposed flyover that will connect it to Jalan Genting Klang should help things out, provided that they will materialize. The DUKE and MRR2 highways are nice nearby fixtures that present good connectivity options for future residents of Ascenda Residence @ SkyArena.It is easy to limit the target groups to athletes or fitness enthusiasts due to the existence of a nearby sports complex, but Ascenda Residence @ SkyArena is much more than that. The variety of malls, schools and universities or colleges make this a good place for families to be in. The area is a matured residential place anyway, thus adjusting will not present much trouble. The proximity to the city centre is also a huge plus. Ascenda Residence @ SkyArena sets to be an enticing prospect.