KUALA LUMPUR (Nov 6): Sime Darby Property Bhd’s Hype Residences Phase 1 in its SJ7 mixed-use development in Subang Jaya was fully booked within an hour of its official launch on Oct 28, according to a press statement on Monday.
In the statement, Sime Darby Property chief marketing and sales officer Datuk Lai Shu Wei said Hype Residences demonstrates the property developer’s commitment to building urban residences that satisfy the needs and demands of contemporary homeowners.
“We are pleased to introduce Hype Residences, with a focus on convenience, style and sustainability. The enthusiastic reception we received towards Hype Residences signals a great need for well-located and meticulously planned homes. This property is a fantastic choice for anyone seeking a better living experience, best-in-class amenities, and housing for future generations,” Lai added.
Hype Residences is a high-rise residential development that is spread across a 4.32-acre (1.75-hectare) land parcel. The entire development will consist of two phases, of which each phase will feature a apartment tower. The project has a gross development value (GDV) of RM597.2 million.
Phase 1 will comprise Tower A, which is a 38-storey tower comprising 310 units, with built-ups ranging from 700 sq ft with two bedrooms and one car park bay, to 1,130 sq ft with three plus one bedrooms and two car park bays. The selling prices range from RM650,000 to RM1.2 million.
Phase 2 of the development will feature Tower B comprising two wings — 28- and 38-storeys respectively. Further information will be revealed at a later date.
Some units will come with garden terraces that overlook the project’s facilities.
To address the growing need for environmentally friendly features, the developer has integrated various green features into the development, including a north-south orientation that minimises heat gain, common electric vehicle charging stations at the visitor parking lots, and rainwater harvesting for landscape irrigation. This is in addition to the project’s greenery and landscapes.
The development will be equipped with features such as keyless home entry, barrier gates, card access systems and perimeter fencing.
Hype Residences is located within close proximity to the USJ7 LRT Station, and is accessible via major highways including the Shah Alam Expressway (Kesas), New Pantai Expressway (NPE), North-South Expressway Central Link (Elite), and Damansara-Puchong Expressway (LDP).
The 34.6-acre SJ7 masterplan has an estimated GDV of RM4 billion, encompassing retail, office and residential components.