Alishan Residences

Condominium

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Property Description

Sunway Property is set to launch Alishan Residences in October. With a gross development value (GDV) of RM326 million, the 3.34-acre project will comprise 240 condominium units in a 33-storey tower and 15 double-storey link villas.

Sunway Property senior executive director of property development division (central region) Chong Sau Min shares with City & Country the latest developments via a virtual interview.

“We discovered that our target market is looking to buy homes for their own use, so they need a larger space. This is based on the feedback we garnered from our customers,” he says, noting that homebuyers nowadays, especially after the pandemic, look for bigger units.

Situated on a freehold parcel in Taman Mutiara, Cheras, the condominium will have eight units per floor, with built-ups ranging from 1,216 to 1,798 sq ft. The indicative selling price starts from RM880,000, or RM730 psf.

The link villas will have a land area of 28ft by 75ft and built-ups of 3,477 to 4,359 sq ft. The indicative selling price starts from RM2.3 million. The maintenance fee (inclusive of the sinking fund) is estimated at 33 sen psf for both the condominium and link villas.

The development is close to malls and hypermarkets such as EkoCheras Mall, Cheras Leisure Mall, Tesco Extra Cheras, Sunway Velocity Mall, MyTown Shopping Centre and Ikea Cheras. Healthcare centres nearby include Pantai Hospital Cheras, Sunway Medical Centre, UKM Specialist Children’s Hospital, UKM Specialist Centre, Hospital Rehabilitasi Cheras and Pantai Hospital Ampang.

Alishan Residences is accessible via the Middle Ring Road 2 (MRR2), Shah Alam Expressway (Kesas), Grand Saga Highway, East-West Link and Maju Expressway (MEX). Public transport that is within reach includes the Mutiara MRT station, Cheras LRT station and EkoCheras bus stop.

Chong is optimistic about the future of Alishan Residences because he believes the Cheras residential market is still seeing demand. “We are confident that the project will do well as this is a Cheras and Kuala Lumpur address,” he says.

“Also, the most important thing is that it is freehold and low density. You will hardly find high-rise developments with fewer than 300 units in the Cheras area

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Quick Summary

Project Name

Alishan Residences

Slogan

Address

City

Sunway City

State

SELANGOR

Project Type

Condominium

Land Title

Residential

Tenure

Freehold

Land Area

3.34 acres

Total Units

255 (240 Residences & 15 Units Link VIlla)

Completion Date

2025 Q2

Price From (RM)

880,000.00

Facility Desc

Project Details

The development is close to malls and hypermarkets such as EkoCheras Mall, Cheras Leisure Mall, Tesco Extra Cheras, Sunway Velocity Mall, MyTown Shopping Centre and Ikea Cheras. Healthcare centres nearby include Pantai Hospital Cheras, Sunway Medical Centre, UKM Specialist Children’s Hospital, UKM Specialist Centre, Hospital Rehabilitasi Cheras and Pantai Hospital Ampang.

Alishan Residences is accessible via the Middle Ring Road 2 (MRR2), Shah Alam Expressway (Kesas), Grand Saga Highway, East-West Link and Maju Expressway (MEX). Public transport that is within reach includes the Mutiara MRT station, Cheras LRT station and EkoCheras bus stop.

Chong is optimistic about the future of Alishan Residences because he believes the Cheras residential market is still seeing demand. “We are confident that the project will do well as this is a Cheras and Kuala Lumpur address,” he says.

“Also, the most important thing is that it is freehold and low density. You will hardly find high-rise developments with fewer than 300 units in the Cheras area