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Eve Suite, Ara Damansara

Eve Suite (formerly known as NZX Square) is a mixed serviced apartment and retail mall development located in Ara Damansara. It is developed by SM Land Group, and has estimated gross development value of RM350 million. Nestled on 5.264 acres of freehold land, it comprises of two blocks of serviced apartment with a total of 713 units of studio and 2-bedroom apartment units. Its studio suites / SoHo and 2-bedroom apartment have built-up sizes of 680 sf and 1,065 sf respectively.

Besides residential component, Eve Suite also comprises of two-storey retail mall beneath the apartment. It has built-ups ranging from 4,121 sf to 6,854 sf. Its studio units was launched from RM380,800, the two-bedroom suite was from RM565,000 and its retail shops start from RM2,133,220. Each unit of Eve Suite is fully-furnished with New York chic interior design concept. The apartment is furnished with 40’ LCD TV, sofa, coffee table, mirror (wall), walk-in wardrobe, a 1.5 hp split unit air cond and its kitchen is equipped with kitchen cabinet, fridge and bar stools. Adding to that, the 2-bedroom unit also comes with dining chairs, study table and side tables (but minus mirror and bar stools).

Eve Suite’s modern interior is complemented with high ceilings and large floor-to-ceiling windows to allow ample natural lighting as well as better ventilation. Each studio and 2-bedroom suite comes with one free car park bay with any additional car park bay available for rent / sale upon VP.

Property Details

  • Name: Eve Suite (formerly known as NZX Square)
  • Address: PJU 1A, Ara Damansara, Petaling Jaya, Selangor
  • Developer: Syamurni (a subsidiary of SM Land Group)
  • Completion Date: 2014 (estimate)
  • Type: Serviced Apartment
  • Tenure: Freehold
  • No. of Blocks: 2
  • No. of Units: 713
  • No. of Bedrooms: 1 & 2
  • No. of Bathrooms: 1
  • Built-up
    • Serviced Apartment: 680 sf & 1,065 sf
    • Retail: 4,121 – 6,854 sf
  • Launch Price
    • Studio: From RM380,800 (From RM560 psf)
    • 2-Bedroom Suite: From RM565,000 (From RM530 psf)
    • Retail Shop: From RM2,133,220

Facilities

  • Sub-merged sun deck
  • Jacuzzi
  • Outdoor patio
  • Aerobic / Yoga room
  • Dance studio
  • Meditation area
  • Botanical garden
  • Gazebo
  • Dining, tea & BBQ pavilion
  • Observation deck
  • Games room
  • Billiard lounge
  • AV room
  • Multi-purpose hall
  • Reading room
  • Gymnasium
  • 50m lap pool & cascading pool
  • Water playground

Analysis

The developer of Eve Suite is a boutique developer who developed Pertama Residency located in Cheras. Pertama Residency is a successful fully-furnished studio apartment development which delivered handsome profit to its investors. Pertama Residency has been awarded the Best Interior Design and Highly Commended Award in High-rise Architecture category in the International Property Awards 2010 (Asia Pacific). However, it does not come with any single parking, making it less appealing to others.

Perhaps the developer has learned its lesson and come up with Eve Suite with two and three car park bays. Besides Pertama Residency, the Group also developed NZX Commercial Centre, which also located within Ara Damansara enclave. The price of Eve Suite is indeed on the high side even though it is a fully-furnished unit. For about similar budget (and lesser), one can own completed units in more established areas such as Mont Kiara, Ampang and Subang Jaya.

Thanks to the undergoing development LRT Extension, which is only few minutes walking distance from Eve Suite, lots of interest have been generated from investors as there is a potential for an even higher appreciation. A pedestrian walkway will be built to link between LRT station and Eve Suites, as this is to solve security concern when residents travel from LRT station back to condo at late evening.

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