Central SOHO (also known as Central Residence SOHO) is a modern residential and commercial development project by Yuk Tung Group and HR United Group. This project has strengthened its standing as one of the fastest growing and leading property developer in Malaysia. Recently, the company has won three awards at the International Property Asia Pacific 2012 award for this Central SOHO development, taking the title of ‘5-Star Best Apartment Malaysia’, ‘Highly Commended Architecture Multiple Residence Malaysia’ and ‘Highly Commended High-Rise Architecture Malaysia’.Central SOHO was launched in 2011 and expected for completion by 2014. The building of 27-storey SoHo units is within the first phase of development of the property area. The whole area should comprise of a service apartment tower (The Court @ Central Residence) and a 3-storey office unit building as well. As the units are classified as SoHo, the land is titled as commercial. Small business enterprises could also use the units as offices.Central SOHO has been approved as Green Building Index compliant. Therefore, the buildings were designed to minimize the overall impact of built environment on their surroundings and human health. The building focuses on increasing the efficiency of resources use; energy, water and material in a sustainable environment. The designs were drawn to improve daylight penetration and air circulation. Better materials for furnishings are used for the units. They come in the form of higher ceiling height at 10’6”, plaster ceiling with down light, corridor-ceramics tiles and plaster ceiling, air-conditioner, kitchen cabinet (hood and hob), fan, vanity top and water heater.At the launch, the units of Central SOHO were sold at the starting rate of RM351,700. However, the price of the property is skyrocketing as people began recognizing its prime location. Mega developments are set in the neighborhood; Kuala Lumpur International Financial District, Selangor Turf Club and Bandar Malaysia. In terms of accessibility, it is located in between two major highways; Kuala Lumpur-Seremban Highway and Besraya Highway. It is promised to be 5 minutes away to KLCC, 15 minutes to Mid Valley Megamall, 9 minutes to Bukit Jalil National Stadium and 10 minutes away to Terminal Bersepadu Selatan.
Property Details
Name: Central SOHO (also known as Central Residence SOHO) Address: Sungai Besi, KLCC, Kuala Lumpur Developer: Yuk Tung Group & HR United Group Completion Date: 2014 (estimate) Type: SoHo Tenure: Freehold No. of Blocks: 1 No. of Storey: 27 No. of Units: 526 No. of Bedrooms: 0 - 2 No. of Bathrooms: 1 - 2 Land Area: 4.16 acres Built-up: 565 - 876 sf Maintenance Fee: RM0.25 Launch Price: From RM351,700Facilities
Sauna Spa Wading pool Rooftop gymnasium Cafe Swimming pool with waterfall Multipurpose hall Indoor game room Games area Laundry Playground Nursery Barbecue area Roof garden (community area) Retail shop House keeping SurauAnalysis
If Feng Shui is to be taken into consideration, it should be noted that Central SOHO is built on a 10-year old abandoned construction land. Furthermore, the land is directly opposite a small Muslim cemetery and within the view of Nirvana. That is considered bad. However, perhaps the two highways alongside the apartment symbolizing two rivers flowing could overshadow the negativity.On the other hand, the two heavy traffic highways will surely cause noise and air pollution to the residents. If one thinks living next to the highways is convenient, there is no direct access to enter and exit the highways, U-turns will have to be made. The area, at the moment, does not have a public transportation access. However, the developer promises to provide shuttle bus services to the nearby attractions such as KLCC and Terminal Bersepadu Selatan at a minimal rate.The SoHo licence is definitely a perk to this property. It is for small business enterprises to be able to operate outside the busy Kuala Lumpur city. However, this would mean that those who living there as residents may also have to pay the commercial rate for utilities. However, having the opportunity to use the units facilities such as swimming pool, sauna, gymnasium, barbecue pits, among others could be advertise as the job perks.The close proximity of Central SOHO to the city centre is definitely the current highlight of this project. When the Financial District and Bandar Malaysia projects are completed, they will add more value to the property. If one thinks that they may be transferred to the Financial District and is currently looking for a property to buy, it would be wise to look into this development project. For comparison, do look into Midfields, Sungai Besi as well.
