There is only one other upscale SoHo cum Serviced Residency in the area, and that is The Netizen. On 5.1 acres of freehold property, it has two fashionable blocks of residential towers with 1,196 units altogether. The project will have a relatively high density because there will be more than 200 residential suites on each acre of its construction. Although its nearest competitors, such as Windows on the Park and You Residences, are somewhat farther away, you shouldn’t be particularly concerned about it. As a result, there would not be as much fierce and saturated competition for rental tenants and traffic conditions. However, there are some affordable apartments and flats close to the residency, so you might want to be on the lookout for such.
The Netizen’s integrated grounds are where its true beauty can be found. A magnificent display of over 30 distinct facilities and services, including an exclusive 400-meter jogging track and an Olympic-sized 50-meter infinity lap pool, are available inside. Along with a dual entry and a three-tiered security system that includes CCTV, a lift lobby access card, a panic button, and an intercom to keep you safe, there is also a dual entrance that allows you to enter from the front lift lobby or escape out the backdoor. All in all, its incredible amenities will keep you occupied and engaged while you are visiting.
Even though they are thrilling, it appears that certain changes will become effective when the house reopens for sale later. In order to lower the overall maintenance charge, the management claims that they are intending to take down the sky bridge that connects the two towers and the retail spaces (supermarket) in the basement. They’d probably need to revise their initial draught blueprints and reapply for the advertising permit and developer’s licence as a result of this (ADPL). However, this should be viewed positively given how slow the real estate market is right now. Additionally, when it relaunches later in the year, you will receive a maintenance fee decrease from the current chargeable value of RM0.33 psf.
The Netizen Details:
Address : Lebuh Utama Tun Hussein Onn, Bandar Tun Hussein Onn
43200 Batu 9 Cheras, Selangor.
Property Type : SoHo, Serviced Residences, Retail Podiums
Land Title : Commercial
Tenure : Freehold
Bumi Discounts : 5% (to be revised)
Sales Gallery : Jalan Residence 2, Bandar Mahkota Cheras, 43200 Cheras, Selangor
Sales Gallery GPS Coordinates : 101.784, 3.051
Website : http://www.netizen.my/
Expected Completion Date
: Year 2019
Total Units : 1,196 units
Built-Up Area : 5.1 acres
Listing Price : RM400,000 – RM950,000 (to be revised)
Price per Sq. Ft. : RM650 – RM700 (to be revised)
Maintenance Fee per Sq. Ft. : RM0.33 (to be revised)
Parking Bay per Unit : 1 – 2 units
Development Type : Parcel A – SoHo (536 units)
Parcel B – Serviced Residences (660 units)
Unit Type & Size
: SoHo | 547 sq.ft.
Serviced Apartments | 969 sq.ft. | 1,094 sq.ft. | 1,328 sq.ft.)
The Netizen Unit Types:
Type A- 547 sqft
Type B- 969 sqft
Type A4- 1094 sqft
Type C- 1328 sqft
SUMMARY
In the quickly expanding township of Bandar Tun Hussein Onn, there is a ground-breaking residential development called The Netizen. This outstanding project, which was inspired by technology, is in a class by itself and includes two of the tallest residential towers in the vicinity. The appeal of staying in this technologically enabled residence is its exceptional convenience and wide range of more than 30 elegant amenities. Many investors and buyers have been envious of the project because of its easy access to the BTHO MRT station, which has kept them paying careful attention to it.
The only thing stopping them from purchasing this opulent project outright is its high price. Although The Netizen is at a prime position that is easily accessible and close to the city centre, the nearby developments are rather drab and out-of-date. Because of its somewhat expensive valuations and uncomfortable environs, some of its potential clients were turned off. However, there is still a high demand for this opulent building because the real consumers were so pleased with its excellent investment possibilities and less stressful lifestyle. The Netizen would therefore be a great investment if you plan to keep it for a while because it is close to many public services and facilities and located in the highly sought-after township of Bandar Tun Hussein Onn.
