Setia Sky Residences

Setia Sky Residences (also known as SSR) is an exclusive and futuristic freehold serviced residences nestled at the junction of Jalan Tun Razak and Jalan Raja Muda Abdul Aziz. It was launched in 2008 and scheduled to be completed in 2011. The luxury condominium is set on a 5.96-acre land at the intersection of Jalan Tun Razak and Jalan Raja Muda Abdul Aziz, just 1 km away from KLCC. It is neighboring The Orion, National Heart Institute (IJN) and National Library. Setia Sky Residences comprises a total of 844 apartment units with built-up sizes from 990 sf to 1,755 sf. There are 6 units on each floor and they are served with 7 lifts with private lift lobby. Each unit will enjoy either KLCC or Taman Tasik Titiwangsa view. Furtheremore, Setia Sky Residences is nearby several amenities. There are few hospitals located just hundreds of meters away from the condominium, namely National Heart Institute (IJN), General Hospital (GH) and Hospital PUSRAWI. For sports enthusiasts, there are Taman Tasik Titiwangsa and Titiwangsa Sports Complex located across Jalan Tun Razak. One can also go golfing at Royal Selangor Golf Club and play polo at Royal Selangor Polo Club which are just few minutes away from Setia Sky Residences. For art enthusiasts, you will surely enjoy walking to National Art Gallery and Istana Budaya, just 200 meters away. There are several schools in the area including Alliance Francaise, SAYFOL, SRJKT Jalan Fletcher, SMK Puteri Titiwangsa and SMK Seri Titiwangsa. Also, SK Raja Muda Abdul Aziz is located right next to it. Setia Sky Residences is easily accessible via Jalan Tun Razak and Jalan Raja Muda Abdul Aziz. From Jalan Tun Razak, you can access AKLEH (Ampang-Kuala Lumpur Elevated Highway), SMART Highway, and KL-Putrajaya Highway.

Property Details

Name: Setia Sky Residences (also known as SSR)

Address: Jalan Tun Razak, Kuala Lumpur

Developer: SP Setia

Completion Date: 2011 (estimate)

Type: Condominium

Tenure: Freehold

No. of Blocks: 4

No. of Storey: 40

No. of Units: 811

Land Area: 5.96 acres

Built-up: 990 - 1,755 sf

Launch Price: RM680 - RM1,100 psf

Subsale Price:

Rental:

Layouts

Celeste Tower

Type A4 / A4A

1 bedroom (990 sf)

Type B4

2+1 bedrooms (1,335 sf)

Type B6

2+1 bedrooms (1,485 sf)

Type C2

3+1 bedrooms (1,755 sf)

Facilities

50 m lap pool

Jacuzzi

Children pool area

Playground

Pool villa

Pool lounge

Infinity pool

Gymnasium

Tea pavillion

Yoga pavillion

Sauna

Market Trends

Analysis

Setia Sky Residences is part of government planning on rebuilding Kampung Baru into a commercial and culture hub, adjacent to Wawasan 2020 KL Plan. The development will completely change Kampung Baru into a modern enclave but maintains its Malay elements. Modern and chic residential towers, office suites and shop lots will be developed in the enclave in the future. Thus, in few years time after Setia Sky Residences is completed, the Kampung Baru area will be modern and bustling with business activities. This will add exclusivity and revamp the village image of the area. Among the distinctive features at Setia Sky Residences are Sky Club, Sky Villas and Sky Deck. Sky Club is located at Level 34, that comprises of an infinity swimming pool, sauna with private Onsen baths, gymnasium, yoga area, deck area and garden. Furthermore, Sky Villas comprises of a number of entertainment chalets which come with dining rooms, sofas and kitchens - designed for parties and private gatherings. The Sky Deck is a family recreational area which equipped with a 50-meter lap pool, Jacuzzis, spa garden and barbeque area. High density factor is a turn off for Setia Sky Residences. Within similar pricing, there are plenty lower density residential located in KLCC enclave and Embassy Row. With 881 units available once all the development is completed, it will be lacking of exclusivity and privacy, compared to others in the area. Setia Sky Residences also lacks of public transportation. The nearest train transportation is at Pekeliling Monorail and LRT stations, Kampung Baru LRT station and Ampang Park LRT station - all are not within walking distance. Thus, residents would have to rely on other mean of transportation like taxi and bus. Traffic congestion is quite bad in the area. Jalan Raja Muda Abdul Aziz is usually congested because of the traffic light junctions at the General Hospital and intersection to Jalan Tun Razak. While traffic jam along Jalan Tun Razak is a norm at most times. In terms of pricing, Setia Sky Residences seems quite high as it is about 1 kilometre away from KLCC. At similar price, one can purchase a condominium within short walking distance to KLCC and LRT station. But if we compare in terms of design, without a doubt, Setia Sky Residences will stand out as the most stylish and modern apartment in the area.