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The Peak, Cheras South

The Peak (previously known as KIP Cheras) is a freehold low-density housing estate within a gated and guarded community nestled in Bukit Prima, Cheras South. It neighbours Taman Suria Jaya, Taman Bukit Cheras and Alam Damai.

The Peak comprises 2.5-storey and 3-storey terraces and semi-detached houses, which are sprawling over 54 acres. The houses are built in few phases. Phase 1 consists of 2.5- and 3-storey terrace houses which each is on 22′ × 75′ tract. Meanwhile, Phase 2 are 2- and 3-storey semi-detached houses with lot sizes of 40′ × 80′, 40′ × 90′ and 40′ × 110′. The last phase, Phase 3, comprises 3-storey terrace houses.

Among the distinctive features of The Peak are 3-phase wiring, high 16-inch ceiling height in the living area that provides better air ventilation, and located amidst lush greenery. Plus, residents are served with a modern clubhouse that houses cafe, a fully-equipped fitness centre, a swimming pool, sauna, function rooms, and squash and badminton courts. All purchasers are automatically given free club membership.

Several amenities can be found surrounding The Peak, including SRJK © Connaught 2, SRK Bandar Tun Hussein Onn 2, SMK Bandar Tun Hussein Onn and University College Sedaya International. Cempaka International School is located mere minutes driving away from The Peak. There are few shopping centres located few kilometres away including Plaza Phoenix, Leisure Mall, Giant and Aeon Jusco. Accessibility-wise, it is situated next to SILK Highway and also served by Jalan Cheras, Middle Ring Road 2 (MRR2), the Connaught East-West Link, North-Pantai Expressway (NPE) and KESAS.

Property Details

  • Name: The Peak (previously known as KIP Cheras)
  • Address: Bukit Prima, Cheras South, Selangor
  • Developer: HR United Group
  • Completion Date: February 2010
  • Type: Terraces, Super-Link & Semi-Detached
  • Tenure: Freehold
  • Land Area: 54 acres
  • Built-up: From 3,477 sf
  • Launch Price: From RM650,000
  • Subsale Price: RM1,120,000 - RM2,800,010
  • Rental: RM1,700 - RM4,500

Facilities

  • 24-hour security
  • Clubhouse
  • Cafe
  • Fully-equipped fitness centre
  • Swimming pool
  • Sauna
  • Function room
  • Squash court
  • Badminton court

Market Trends

Analysis

The Peak is developed by the HR united Group, an experienced and reputable developer with a handful of completed developments such as Kinrara Mas in Bukit Jalil and Vista Emas in Bangi. Besides that, there are several other projects have been completed by the group subsidiaries located in Shah Alam, Setapak, Rawang, Seremban and Bahau.

The residential enclave is better located than other gated and guarded enclaves such as Hijauan Residence and Sunway Cheras. It is very well connected to prime areas by several expressways and roads. Not only that, The Peak is the nearest residential enclave in Cheras to Kuala Lumpur and Petaling Jaya.

The only drawback of The Peak is being located near the low-cost houses and one has to get through all the low cost houses before reaching the residential enclave – making it lacks of exclusivity. Even some units are directly facing those low-cost flats. It is a high demanded residential considering its location, freehold tenure, gated and guarded community, well-designed and clubhouse facilities. Its price is fair after taking all the advantages it possessed into account. Undoubtedly, it is a good buy for both own stay and investment.

Find Me Good Deal @ The Peak