VERVE Suites, Mont Kiara

VERVE Suites (also known as VERVE® Suites) is situated in the most desirable and sought-after neighborhood of Mont Kiara in Kuala Lumpur. It is a project of luxury services apartments housed in four blocks on a 5.87-acre freehold land, with the gross development value (GDV) of RM590 million.

The four blocks are Viva Tower (Block A), Vibe Tower (Block B), Vogue Tower (Block C) and Vox Tower (Block D). Besides that, this residential is set together with a 3-storey shopping centre that comprises of 60,000 sf retail podium.

VERVE Suites is nestled along Jalan Kiara 5 in posh address of Mont Kiara,and right next to luxury condominium Hijauan Kiara (another development by the same developer Bukit Kiara Properties). It is strategically located just across Garden International School and meters away from Mont Kiara International School. Besides that, it is within close proximity to Plaza Mont Kiara and Solaris Mont Kiara.

Traveling in and around Mont Kiara is effortless with its close proximity to the city. This development boasts excellent accessibility via major highways and expressways such as SPRINT Expressway, Kerinchi Link, North Klang Valley Expressway (NKVE), Lebuhraya Damansara-Puchong (LDP), the Federal Highway, Jalan Duta and the Duta-Ulu Kelang Expressway (DUKE).

Hartamas Shopping Centre and Bangsar Shopping Centre are located just a short distance away. For even more options, via a new highway link just minutes away, residents are able to shop at Tesco Hypermarket, IKEA, The Curve, 1-Utama Shopping Centre and also Midvalley Megamall.

Each unit at VERVE Suites has built-up space from 462 sf (1 bedroom) to 1,394 sf (3 bedrooms). All units are fully-furnished with innovative interior design and furnishings. This fully-furnished designer suites come with imported German Bosch appliances and designer’s furniture. There are several designs to choose from and each type has its own identity and concept, which are reflected on the interior designs and furnishings.

Also, residents of VERVE Suites are catered with a 6,000 sf penthouse called The Vertigo Lounge located at 35th floor that houses most of its amenities – a sky gymnasium, theater, jacuzzi and sauna, pool table, games room and F&B facilities. Plus, there are sofa areas, reading corners and Wifi hotspots available as well. The security features are rather run of the mill. These include card access control at all main entry points, automatic boom-gate and CCTV cameras at strategic access points.

Property Details

• Name: VERVE Suites (also known as VERVE® Suites)
• Address: Jalan Kiara 5, Mont Kiara, Kuala Lumpur
• Developer: Bukit Kiara Properties
• Completion Date: 2014 (entire development)
• Type: Serviced Residence
• Tenure: Freehold
• No. of Blocks: 4
• No. of Storey: 36, 27, 31 and 37
• No. of Units: 881
• Land Area: 5.87 acres
• Built-up: 462 sf – 1,394 sf
• Maintenance Fee: RM0.33 psf
• Launch Price
  • Viva Tower: From RM570 psf
  • Vibe Tower: From RM650 psf
  • Vogue Tower: From RM950 psf
  • Vox Tower: From RM1250 psf
• Subsale Price
  • Viva Tower: From RM950 psf
  • Vibe Tower: From RM950 psf
  • Vogue Tower: From RM1250 psf
  • Vox Tower: From RM1250 psf
• Rental: From RM6.00 psf

Layouts

• Viva Tower
  • Urban Glam – 633 sf (1 bedroom)
  • Fusion Chill – 672 sf (1 bedroom)
  • City Sleek – 826 sf (2 bedrooms)
  • Classic Chic – 861 sf (2 bedrooms)
• Vibe Tower
  • Urban Glam – 633 sf (1 bedroom)
  • Urban Edge – 672 sf (1 bedroom)
  • Classic Chic – 861 sf (2 bedrooms)
  • Metro Bliss – 861 sf (2 bedrooms)
• Vogue Tower
  • Centro Jazz – 462 sf (1 bedroom)
  • Cosmo Groove – 462 sf (studio)
  • Verdant Luxe – 932 sf (2 bedrooms)
  • Metro Bliss – 932 sf (2 bedrooms)
• Vox Tower
  • Avant Storm – 462 sf (1 bedroom)
  • City Flux – 462 sf (studio)
  • Duo Centrix – 926 sf (2 bedrooms)
  • Metro Lux – 926 sf (2 bedrooms)

Facilities

• 24 hours security
• Multi-tiered security system
• 6,000 sf sky lounge
• 4,000 sf sky viewing terrace
• 8,000 sf hypercubes lounge
• 6,000 sf sky gardens
• Podium panorama
• Dinner Al-fresco
• Wet and dry reflexology path
• Reading pavilion
• Tennis courts
• Squash courts
• Multi-purpose hall with badminton courts
• Theater
• Outdoor cinema
• Indoor gymnasium
• Outdoor aqua gym
• Games room
• Changing room
• Heated swimming pool
• Swimming pools
• Jet pool
• Children’s pool
• Children’s playground
• Water slide
• Laundrette
• BBQ deck
• Jacuzzi sundecks
• Indoor sauna rooms
• Outdoor spa
• Landscaped garden
• Covered carparks
• Retail podium
• Sky beach (still under construction)

Market Trends

Analysis

The developer of VERVE Suites, Bukit Kiara Properties, is a big name in property as it is led by Dato’ Alan Tong Kok Mau together with his son, NK Tong. Dato’ Alan is the one who built Sunrise to be among the greatest names in Mont Kiara. It is founded in May 2000, since then, the company has developed Aman Kiara, Hijauan Kiara and this VERVE Suites is their latest addition.

The first 3 blocks of VERVE Suites were launched in March 2006, February 2007 and July 2008 for RM570 psf, RM650 psf and RM950 psf respectively. So far, three blocks (Viva tower, Vibe tower and Vogue tower) has been completed, Last block (Vox tower) is still under construction.

VERVE Suites is a daring new approach to contemporary living featuring innovative living concepts. Life here is about thriving beyond the space of your own home. The four towers which make up VERVE Suites combine fully-furnished designer suites, sky lounges, Hypercubes lounge, sky gardens and an adjoining retail centre, all within the same vicinity.

Without a doubt, VERVE Suites is indeed the most revolutionary residential in Mont Kiara enclave so far. But its high density nature makes it less appealing as most of residential in Mont Kiara comprises of around 200 units. With all the development’s drawbacks, yet it is one of the best developments in Mont Kiara enclave, and has great potential to become a great investment for owners.

All units at VERVE Suites are fully furnished with each theme, units share the same interior with their neighbors. Thus, this similarity makes none of them unique. Market price is likely to be similar from one to another as owners cannot set higher price than market price. Adding with the high density factor, price is likely to be stagnant for quite a long period of time.

Purchasing the last block of VERVE Suites would have a higher entry cost, as developer will tag the price much higher than the previous ones. Despite economic downturn and excessive supplies in Mont Kiara, it will have a handful of fans looking to live in this vibrant condominium.

Links

http://www.vervesuites.com/