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Friday, October 8, 2010

Empire Subang, Subang Jaya

Empire Subang is another new mixed residential and commercial development along Jalan 16/1 in SS16, Subang Jaya. It is a combination of Empire Suites (hotel suites), Empire SOHO (small office home office), Empire Tower (office suite), and Empire 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 also a private club, named Club Eight, located on the 8th floor of the SOHO block that hosts sky bar lounges, swimming pools, Juice bar, bars, alfresco cafes and restaurants. However, the club is strictly for members and hotel guests.


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 is also open for purchase and investment. It is priced from RM169,000 at launched, which is fully furnished and to be rented back to the developer who will run the hotel. It is a guaranteed rental yield at 7% for the first 5 years. It is a 5+5 year lease.


Empire Subang can be easily reachable via Federal Highway, Damasara-Puchong Expressway (LDP), North-Klang Valley Expressway (NKVE) and Subang-Kelana Link. Not only that, it is also served by Subang Jaya KTM Komuter station. Also, there will be a RapidKL LRT station to be built next to the KTM station by 2012.



Property Details
Name: Empire Subang
Address: Jalan 16/1, SS16, Subang Jaya, Selangor
Developer: Couture Home (subsidiary of MEH Group)
Completion Date: Early 2010
Type: Mixed Commercial
Tenure: Freehold Commercial
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
Launch Price
Empire SOHO: RM203,800 onwards (about RM257 psf)
Empire Tower: RM163,800 onwards (about RM445 psf)
Subsale Price: RM360 – RM385 psf


Facilities :
Barbeque area, Business centre, Cafeteria, Private club – Club 8, Covered parking, Gymnasium, Jacuzzi, Playground, Salon, Sauna, Swimming pool, Wading pool, 24-hour security


Analysis
The location of Empire Subang does not need any more introduction, as it is one of the most vibrant areas in Subang. In fact, it is a bustling commercial enclave with several office towers and retail centres including Subang Parade shopping centre, Carrefour and Wisma Cosplant.


Besides that, the enclave is also getting hotter with other modern developments including One Subang, Saujana Residency, Subang Avenue, Casa Tiara and e-Tiara. Hence, the competition is really stiff here, in both residential and commercial markets.


Undoubtedly, Empire Subang has the edge to become a prominent landmark of Subang Jaya. Its unique concept is a talk of the town for years now. Most of nowadays modern developments are just 2-in-1 or 3-in-1 which comprise service apartment, shopping mall and office tower. Now, Empire Subang comes out with 4-in-1 development, with the hotel.

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