Axis Pandan

Axis Pandan is a mixed residential and commercial development nestled in Pandan, a practical and strategically-placed suburb of Selangor. It is surrounded by mid-range 2-storey houses and low-cost flats and apartments. Axis Pandan is a leasehold development that used to be the maiden project of RK Group Holdings. In the middle of construction period, the company found itself dangerously facing escalation of costs and failed in properly bringing up the whole project to life. Then, the company restructured itself and now it has returned, but in a new form. ZAJ Properties is currently the new moniker of the company, and now it aims to right the wrongs.Concentrating on Axis Pandan, this 3-phase development consists of a retail mall, serviced apartment, condominium and small office home units (SoHu) sprawling over 1.8 million sf land. The entire development was to be completed in early 2011, but the company's unfortunate lunge into the unknown few years into construction has lengthened the completion period. As of 2014, Axis Crown has become the only unfinished part of the whole Axis franchise.The first phase of Axis Pandan is the 218,000 sf Axis Atrium, which has been rejuvenated by the developer's revamp process, and is now known as Fiesta Mall. It is followed by a 33-storey Axis Residence, a SoHo-like property called Axis SoHu and a 44-storey Axis Crown.Axis Crown units at Axis Pandan are non-furnished units, while Axis Crown Premier are fully furnished. Axis Residence and Axis SoHu comprise of 384 and 154 units respectively, while Axis Crown houses 174 units.Each apartment at Axis Pandan comes with a car park bay. At the top floor, there is a Sky Club (its club house) that features a bar, gymnasium and infinity pool for gathering and party.In terms of amenities, Axis Atrium is the talk of Pandan and Ampang people nowadays as the mall itself contains AEON Big as its anchor tenant as well as numerous stores and restaurants including KFC, Subway, Old Town White Coffee, Poh Kong Jewellery, Focus Pint, Mr. DIY and Chatime, among others.Axis Pandan is dubbed to be a big hit due to its great accessibility. It is just next to Pandan Indah RapidKL LRT station. Besides that, it is also within close proximity to Middle Ring Road 2 (MRR2), Kesas Highway, Sungai Besi Expressway (SBE) and Ampang-Kuala Lumpur Elevated Highway (AKLEH).

Property Details

Name: Axis Pandan

Address: Jalan Cempaka 22, Pandan, 68000 Ampang, Selangor

Developer: ZAJ Properties (formerly known as RK Group)

Completion Date: 2015 (estimate)

Type: Mixed Development

Tenure: Leasehold

No. of Storey

Axis Crown: 44

Axis Residence: 33

Axis SoHu: 2

No. of Units:

Axis Crown: 174

Axis Residences: 384

Axis SoHu: 154

Built-up

Axis Crown: 890 - 2,244 sf

Axis Residence: 739 - 1,023 sf

Axis Sohu: 530 – 620 sf

Launch Price

Axis Crown: RM280,000 - RM830,500

Axis Residence: RM125,000 - RM232,000

Axis Sohu: RM197,000 – RM228,000

Facilities

Sky Club (top floor)

Bar

Gymnasium

Infinity pool

BBQ pit

Cafeteria

Jogging track

Children's playground

Housekeeping

Concierge service

24-hour security with intercom and card access system

Analysis

The dark cloud that has been hovering over this development for years has now looks to be going away. Some purchasers have bought some of the units ever since the development's soft launch in 2006, and they had been waiting for years for their time to actually move in into their purchased units. Future tenants of Axis Crown, however, had to contend until 2015 to do so.These long waits have validated the myth of never trusting a first time developer. RK Group started off with so much promise, but faltered in the face of growing financial difficulties. Now, they are picking up the pieces by bravely coming out with a new look, name and determination. ZAJ Properties is looking like a good promise once again, but only time will tell whether they are really going to live up to their words or not, as past experience has smashed their reputation almost to unrepairable smithereens.The rebrand of Fiesta Mall looks to be a positive step in the right direction, as the face of the old Axis Atrium is given a welcome facelift. It has also produced a sense of renewed optimism, much like the current developer. The completion of Axis Crown looks to be their main business at the moment, and once it is done, things are definitely coming clearer to Axis Pandan in general.Because, however bad the developer has messed up, one cannot overlook the holy grail of a location that Axis Pandan has. Minutes from Kuala Lumpur and Cheras, the destination possibilities from here is almost endless. Couple that with the huge numbers of roads and highways connected to the property (MRR2, AKLEH, SBE, DUKE, Jalan Ampang, Jalan Pandan 1, Jalan Tun Razak), in addition to the mere 60 seconds that it will take for residents to reach Pandan Indah LRT station, and not forgetting the buses and taxis that are always roaming the area, portability is never a problem of Axis Pandan.On the other hand, the nearby low-cost flats and terrace houses have tarnished the standard of the neighbourhood by a few margins. Despite the location's reachability, its exclusivity is not of the highest esteem. Usually, neighbourhood exclusivity and security go hand in hand, thus it does not bode well for Axis Pandan. Certainly, the area is not Mont Kiara or Kemensah. Other than that, the crazy traffic that comes true at rush hours might offer more concerns towards Axis Pandan. But surely, it is a baggage that is beginning to be tolerated more and more by the citizen of Kuala Lumpur.After a closer look, it does seem like investors might enjoy Axis Pandan, as people are lining up to live in residential units that enjoy proximity with an LRT station. Families might want to look elsewhere. At the end of the day, Axis Pandan will know its true strength a few years into the future.