Take a journey through the historical roots of Setiawangsa and explore the current property market trends that make it an appealing choice for real estate enthusiasts.
The rising prices of property in and around the KL City Centre have caused property buyers and developers to start exploring hidden gem neighbourhoods to tap into their potential. One such neighbourhood is Setiawangsa. Nestled in the heart of Kuala Lumpur, Setiawangsa has recently emerged as a sought-after destination for buyers and investors.
Setiawangsa has undergone significant transformation over the years. The foothill and mid-hill areas were originally part of Bukit Dinding, developed gradually in the 1980s and eventually renamed Bukit Setiawangsa. It has come a long way from its beginnings as an unassuming suburb into the thriving urban centre it is today. Let’s look at some of the reasons why Setiawangsa has become a sought-after address for property buyers today.
Unparalleled connectivity and accessibility for its residents
Setiawangsa has easy access to major highways such as DUKE, MRR2, SPE and SUKE & AKLEH, which offers its residents easy access to places such as Petaling Jaya, Ampang and Sungai Besi. This gives Setiawangsa residents access to most major city centres around the Klang Valley.
Setiawangsa residents also have access to the Putra LRT line through the Setiawangsa station, which will give it east commute access to the heart of KL city, Petaling Jaya and Subang.
The potential resident of The Vesta Residences by Skysierra gets an even sweeter deal as the high-rise development will be located just walking distance away from the new proposed AU 2 MRT station from the upcoming MRT 3 Circle Line and only a short 1.5km away from the existing Setiawangsa LRT station. Commuting has never been easier, and you can say a proper goodbye to those hours stuck in traffic.
A self-contained township
One of the attractions of Setiawangsa is just how well-planned the township is, which ensures that many of its developments are strategically located and offers great conveniences to residents.
For example, the aforementioned The Vesta Residences is just a short 5km away from the main business centre in Setiawangsa, where residents will have access to amenities such as clinics, banks and F&B outlets. The AEON Mall AU2, which is the neighbourhood mall in Setiawangsa, is within walking distance from The Vesta Residences.
The Bukit Setiawangsa Park serves as a central green oasis for residents of Setiawangsa, providing an opportunity to embrace an outdoor lifestyle and engage in activities such as walking, cycling, and catering to a variety of other recreational preferences.
A suburb within the city
One of the main selling points of Setiawangsa is its proximity to the City Centre. It is situated just 9km away from KLCC, so all the world-class lifestyle and dining options that KL city offers are merely a 10-minute drive away for Setiawangsa residents.
Yet, it still retains its serene suburb feel, which makes it special because it allows its residents the excitement and convenience that comes from living just a short distance away from the City Centre without having to give up the residential feel of a suburb.
This makes it a township suitable for working professionals and young families because of its proximity to the major business centre in the Klang Valley and for multi-generational families because of its serenity.
Introducing The Vesta Residences
If these reasons have piqued your interest in living in Setiawangsa, then The Vesta Residences may just be for you.
Developed by reputable developer SkyWorld Development Berhad, The Vesta Residences will consist of two towers of stylish high-rise homes. Unit layout ranges from a cosy 715 sq ft, ideal for a young working professional given its size and proximity to the KL City Centre, to a relatively spacious 1,125 sq ft, which is suitable for a small young family.
SkyWorld has built a reputation for delivering quality homes with world-class facilities, and The Vesta Residences is no different. On top of the expected facilities such as pools, gym and car parks, The Vesta Residences offers buyers features such as private lockers at the car parks, designated bicycle parking and a SkyWorld Connects app, which offers an efficient channel for residents to connect with management and security. There are also green features built into the development, such as electric car charging stations and an automated waste collection system that offers an effective and sustainable way to manage waste.
To sweeten the deal, first-home buyers can access the i-MILIKI scheme before it ends in Dec 2023, which offers stamp duty exemption for loan contracts and assignment deeds. Qualified home buyers who purchased a house below RM500,000 will enjoy a 100% stamp duty exemption, while purchases from RM500,000 to RM1 million will entitle them to a 50% stamp duty exemption.
With its strategic location in Setiawangsa, integrated development, and commitment to modern living, The Vesta Residences is a great development to consider. For more information, visit The Vesta Residences website or call (03) 9212 0457 to schedule a viewing.