The iResidence is a freehold, mid-cost development located in Bandar Mahkota Cheras, Cheras South. The developers are MyProperty Builders Sdn Bhd, and the development is scheduled to be completed in December of 2015. Other developments within the vicinity include Eastpark 72 and Section 1.In The iResidence, there is only one block having 18 storeys, and a total of 222 units. The developer offers six layouts for the purchasers to choose from, having between 3 to 5+1 bedrooms, and 2 to 4 bathrooms. Square footage for the built-ups ranges from 1,022 sf up to 2,519 sf, which are duplex units.The iResidence has an eco-friendly theme that continues throughout the development. The building utilizes recycled rain water, and all toilets are water-saving as well. There are solar panels located on the rooftop to partly power the building. All light-bulbs used in the building are energy saving, and sunshades are installed to filter the sun's rays reducing in less air-conditioning being required. The building also comes with the infrastructure for the installation of fiber optics, allowing for high-speed broadband. The glasses in The iResidence are tinted as well, reducing the penetration of UV rays. The windows are also full-height, requiring less usage of electricity during daytime. The high ceiling design also allows for better air-circulation, reducing the need again, for air-conditioning. All paints used on the building are eco-friendly and durable, furthermore the development is enveloped in lush greenery in terms of surroundings!In The iResidence, there are three levels of parking are allocated in the single block. All units come with at least two units of covered parking bays, and there is also ample visitor parking bays as designated. The landscaping is professionally done and all wiring and drainage is hidden from sight for aesthetic purposes.Apart from being eco-friendly, The iResidence also features a multi-tiered security system with state of the art technology. Right beside the entrance to iResidence is an impressive guardhouse with highly trained guards. The guardhouse is equipped with 24-hour CCTV surveillance. All units are equipped with an intercom system, and all residents are required to use their electronic access cards to enter the premises. Apart from that, there is also perimeter fencing with motion detectors and alarms to provide reliable intrusion detection.
Property Details
Name: The iResidence Address: Bandar Mahkota Cheras, 43200 Cheras South, Kuala Lumpur Developer: MyProperty Buildiers Sdn. Bhd. Completion Date: December 2015 (estimate) Type: Condominium Tenure: Freehold No. of Blocks: 1 No. of Storey: 18 No. of Units: 222 No. of Bedrooms: 3 - (5+1) No. of Bathrooms: 2 - 4 Land Area: 3.66 acres Built-up: 1,022 - 2,519 sf Maintenance Fee: RM0.25 psf Launch Price: From RM367,000Layouts
Type A 3+1 bedrooms + 2 bathrooms (1,507 sf) Type A1 5+1 bedrooms + 4 bathrooms (2,519 sf) Type B 3 bedrooms + 2 bathrooms (1,227 sf) Type B1 5 bedrooms + 3 bathrooms (2,185 sf) Type C 3 bedrooms + 2 bathrooms (1,022 sf) Type C1 4 bedrooms + 3 bathrooms(1,808 sf)Facilities
Multi-purpose hall Meeting room Barbecue area Reflexology pat Prayer room Sky lounge Gymnasium Mini theatre Swimming pool Sauna room Jacuzzi tub Biking areaAnalysis
Traffic conditions in The iResidence area is not ideal, as the area is high in people-density, although the condominium itself is not. However, prices at launch are typically regarded as a steal as there are very few development offering the same in terms of value in facilities, whilst being freehold as well. There is plenty of potential for appreciation due to the upcoming Tunku Abdul Rahman Universiti's new block at Sungai Long, and the MRT's construction, both of which would be completed in the year 2016.
