|
Compass Real Estate Sdn Bhd is a registered
property valuer and estate
agency located at Empire Subang, Subang
Jaya. The agency has a strong
presence in Subang Jaya
with a team of professionally
qualified and licensed negotiators, each having an extensive
knowledge of the major residential and commercial areas of Subang Jaya and surrounding districts.
Empire Subang, Subang Jaya
Empire Subang is a mixed commercial development located in the city
centre of Subang Jaya at SS16. It is a combination of Empire Hotel,
Empire SOHO (small offices), Empire Tower (office suites), and
Empire Shopping Gallery (retail mall), sprawling over 3.8 acres
freehold commercial land.
Empire Subang boasts the concept of live, work, shop, dine and wine
under one roof. There is a private club located on the eighth floor
of the SOHO block that hosts sky bar lounges, swimming pools,
alfresco cafes and restaurants. However, the club is strictly for
members and hotel guests only.
Empire SOHO comprises 240 SOHO units with 30 units per floor. The
duplex loft consists of dining area and living area and kitchen for
the 538 sf lower floor, and a 255 sf upper deck for bedroom. The
living and dining area has a double volume height. What makes it an
office? Well, one can actually opt to transform the dining and
living area into an office and use the upper deck as a bedroom.
Empire Hotel was also open for purchase and investment. The launch
price was from RM280,000, which was fully furnished and to be rented
back to the developer who will run the hotel. It was a guaranteed
rental yield at 7% for the first 5 years after completion. It was a
5 + 5 year lease. On the other hand, Empire Shopping Gallery is an
upscale retail mall comprising 180 units of exclusive retail lots.
In the mall, there are many internationally renowned restaurants,
cafes and shopping outlets.
Empire Subang is accessible via Federal Highway, Damasara – Puchong
Expressway (LDP), New Klang Valley Expressway (NKVE) and Subang –
Kelana Link. For public transportation, it is served by
Subang Jaya KTM Komuter station and several bus stations. An LRT
station will be built next to the KTM station by 2015.
Property Details
Name: Empire Subang
Address: Jalan SS16/1, 47500 Subang Jaya, Selangor
Developer: Couture Home (a subsidiary of MEH Group)
Completion Date: April 2010
Type: Mixed Commercial
Tenure: Freehold
No. of Blocks: 4
No. of Storey
Empire SOHO: 8
No. of Units
Empire SOHO: 240
Land Area: 3.8 acres
Built-up
Empire SOHO: 793 sf, 797 sf & 1,193 sf
Empire Hotel: From 368 sf
Launch Price
Empire SOHO: From RM203,800 (about RM257 psf)
Empire Hotel: From RM280,000
Subsale Price
Empire SOHO: From RM650,000 (about RM800 psf)
Rental: RM1,400 - RM4,800
Facilities
24-hour security with CCTV
Retail mall
Cafeteria
Covered parking
Valet parking
Sky gymnasium
Jacuzzi
Salon
Sauna
Swimming pool
Wading pool
Analysis
Empire Subang is one of the most sought after commercial
developments in the Klang Valley. It is situated in one of the most
vibrant and affluent area of Subang Jaya. It is surrounded by many
high-rise apartments like Saujana Residency, Subang Olives, Subang
Avenue, Casa Tiara, e-Tiara and Isola.
However, some speculate that the Kelana Jaya LRT extension line is
going to cut straight across next to Empire Subang. Thus, making it
really a big turnoff for those purchasing this property for
residential purposes, as the noise from LRT and KTM trains could be
unbearable at times. The good news is, those who invest for
commercial reason will cheer for the added convenience of public
transportation. Ever since its completion, the sub-sale prices have
tripled as of 2014.
Undoubtedly, Empire Subang is a prominent landmark of Subang Jaya.
Its unique concept is the talk of the town for years now. Most of
nowadays modern developments are just 2-in-1 or 3-in-1 which
comprise service apartments, shopping malls and office towers. Now,
Empire Subang comes out with 4-in-1 development, with the hotel. The
developer of Empire Subang, Mammoth Empire Group, has proven its
potential after some exclusive successful projects such as The Ara
and The Loft.
Unfortunately, there was a period when Empire Subang was off-limits
to the public due to an explosion that occurred on the 28th
September 2011. During the incident, all occupants were evacuated
while investigations were being conducted for a month. It was
reported that the explosion was due to a leaking gas pipe at a
restaurant located in the lower ground floor of the upscale retail
mall.
Sources: www.propwall.my
|
|