Amberley is a freehold residential development located in Emerald West, Rawang. It is a joint venture between Glucoland and Hong Bee Land through the vehicle of Promakmur Development. The development was completed at the end of Q1 of 2012.Within Amberley, there are a total of 162 units of semi-detached houses. All of them consists of two storeys only, and are spread over 12 rows. Layouts of the units are similar, as each of them have 4 bedrooms and 1 utility room, along with 4 bathrooms with slight variations in built-up size, which ranges from 2,251 sf up to 2,357 sf. Land areas are approximately 40 x 60 ft, and considerably wider for the corner lots. Prices at launch was at a modest RM300 psf, starting at RM675,800. However, since its completion in 2012, the area has seen some steady appreciation. Units in Amberley all come with en-suite bathrooms, generous volumes allocated for the ceilings and plenty of windows to give out a light and airy aura. The abundance of window space could be seen most evidently in the master bedrooms where it enjoys a window the width of the room. The development is rather low density as well having only 162 units, affording some measure of privacy. Amberley is gated and guarded 24 hours daily with a three-tier security system which includes a boom gate, card access and CCTV surveillance. Facilities are sparse, including only a jogging track and a playground nearby. However, there is a decently sized park that was converted from a scrapped 9-hole golf course project.Located at Amberley's doorstep is the AEON Jusco Rawang which is roughly 3 minutes' drive away. Apart from that, other shopping complexes are rather far away, with the second closest being the Parkson located in Rawang town proper. Both Rawang town and the neighborhood nearby in Jalan Desa would offer basic amenities such as banks and eateries. There are no hospitals in the immediate vicinity, with the closest one being PRAWIS Medical Centre located in Rawang town again. There is one school in the immediate area being Sekolah Menengah Taman Desa 2, and another chinese school that has been approved to be built in the vicinity.In terms of accessibility, the property is situated at about 500 meters away from Rawang Interchange. Also, it takes approximately 30 minutes drive (moderate traffic) from Kuala Lumpur via the North - South Highway, with merely 25 minutes drive (moderate traffic) from Jalan Kuching through Sungai Buloh access. Other than that, the Emerald West is located 20 minutes drive (moderate traffic) from Jalan Duta Toll Plaza and from Shah Alam via Guthrie Corridor Expressway. Apart from that there are limited ways leading out of Rawang area.
Property Details
Name: Amberley Address: Kota Emerald West, Rawang, Selangor Developer: Promakmur Development (a JV between Hong Bee Land & Glucoland Malaysia) Completion Date: Q1 2012 Type: Semi-Detached Tenure: Freehold No. of Storey: 2 No. of Units Type A: 50 Type B: 56 Type C: 56 No. of Bedrooms: 4+1 No. of Bathrooms: 4 Dimension: From 40 x 80 ft Built-up: 2,251 - 2,305 sf Maintenance Fee: RM70 Launch Price: RM675,800 - RM825,800 Subsale Price: Rental: From RM1,800Layouts
Type A 4+1 bedrooms + 4 bathrooms (2,305 sf) Type B 4+1 bedrooms + 4 bathrooms (2,357 sf) Type C 4+1 bedrooms + 4 bathrooms (2,251 sf)Facilities
Jogging track 24-hour 3-tier security Playground Business centreAnalysis
Glucoland is a member of the Hong Leong Bank group, and a public listed company on the KLSE. The group has had more than 50 years of experience in property development with primary focus on Klang Valley and Kuala Lumpur. Other developments by the joint venture in the vicinity includes Ebony and Coral.Other considerations to take into account when investing in the area is the proposed MRT line which would allow easier access from Rawang into KL city. The MRT, slated for completion in 2017 would be a boon for the investors in the area. Though asking prices have steadily risen since the Amberley's completion, there is realistically low demand of the units here which is partly due to the distance from KL city. Rentals are also low, as the units here being approximately 2250 sf semi-detached houses are only renting out for RM1,800 to RM2,000. That is really less than RM1 psf which is low by any means. Nevertheless, considering the potential capital gain in future, it can be investor strategy to keep the property and rent out for some time, which may be wise decision especially for those who have strong holding power.
