ZetaPark – Setapak’s Kuala Lumpur

Set amidst over 10 acres of open space overlooking a lake with panoramic views of KL city skyline – the elegantly named ZetaPark, an integrated development comprising SOHOs and condominiums, has redefined city living with convenience being the emphasis. Boredom has no place in the impeccably designed units that emphasize refined living in the midst of the bustling KL city centre. Be surprised by how thoughtfully-designed space planning can reconfigure the look. Speaking of which, nothing is average in this 8.43-acre lakeside development.

From the vibrant surrounding filled with mega doses of gorgeous views, to the many superb facilities offered within and the ultramodern inner sanctum of the unit itself, each factor has been well-thought of adding to the allure of the place. Not forgetting too that the mixed development designed by Veritas Architects is centrally located within an established neighbourhood north of KL. The building itself is carved into a cubic structure that vibrates with positive energy and is set to become an iconic structure in this part of the city.

Zen-like Lifestyle

To live in this structure, within SOHOs aptly named Zen Suites @ ZetaPark, is to embrace a modern lifestyle that combines a zen-like interior surrounded by lush landscaped gardens and water features with a dynamic exterior that includes a shopping mall beneath. An array of facilities such as 2 acres of eco-deck, an infinity-edged swimming pool, floating gym, discussion cubes, cabanas for reading and relaxing, spa pool, sauna, futsal and a multi-purpose hall complement an urban lifestyle. Underpinning these are a state of the art 3-tiered alarm system with card access that runs 24 hours and high-speed broadband internet connectivity.

The units themselves within Phase 2 number an auspicious 288 units with a North-South orientation. The SOHO development counts itself as the first of its kind in Setapak area. Priced reasonably from RM237,800 for built-ups ranging from 515 sq ft – 963 sq ft, the units come in multiple configurations that range from 1 – 2 bedrooms & 1 – 2 bathrooms. These desirable units are nonetheless spacious to the eye due to its clever layout and thoughtful design. Each unit is well-appointed with upscale features such as private zen garden space, sunken bath, flooring, designer ceilings, air-condition and quality bath fittings. In short, they are in move-in condition requiring minimal moving-in hassles.

These low-density SOHO units are atop the KL Festival Mall owned and managed by retail conglomerate Parkson Group. Completion date for Phase 2 Zen Suites is expected to be in June 2013. Estimates give them average gross rental yields of 7 – 8%, making them an excellent investment choice. Phase 1 SOHOs known as Work Suites were fully sold out within a month while the Phase 2 SOHOs Zen Suites is open for booking now.

Central Location

Nestled between two LRT stations – Wangsa Maju and Melati, the location couldn’t be any better. Another proposed LRT station Danau Kota station (based on the KL Draft Structural Plan) is expected within the next few years. It has easy access to major highways, DUKE and MRR2 via Jalan Genting Klang, minutes away from KL city centre.

All conveniences are within reach, Columbia Asia Hospital is nearby while leading higher learning education institutions are a short distance away. Shopping is literally at your doorstep as the KL Festival City Mall which houses its flagship Parkson Department Store, dining and entertainment outlets including a supermarket and Cineplex are located at the lower floors of the same tower block.

Progressive Developer

Zetapark Development Sdn Bhd is a wholly owned subsidiary of Fitters Property Development Sdn Bhd which is owned by Fitters Diversified Berhad, a Main board listed company which began operations in the 1970s.
It has established itself as a “one-stop” fire protection specialist involved in the manufacturing, trading and specialized installation of firefighting materials, equipment and providing fire safety protection services & products. Over the years, it has diversified into other businesses which include contracting business (Mechanical and Engineering), rail and infrastructure engineering services, civil engineering construction, property development, renewable energy and theme park works.

Description:
Zeta Park, nestled in the lush surrounds of a lake with more than 10acres of open space. One-of-its-kind KL's premier lakeside development. Luxury and lifestyle conveniences of on-site shops, bars, restaurants, bistro, cineples and yet offers all the benefits of private ownerships.

New Development- Zen Suites@Zeta Park
Size: 515sf – 963sf
Price: RM297,800 onwards
Status: Leasehold

Partially Furnished
*Solid Timber Flooring
*Down Light
*Plaster Ceiling
*Kitchen Cabinet
*Wardrobe

Surrounding
*Platinum Business Park (3 storey shop lot)
*Hospital
*5 min to LRT Station
*The only Shopping Mall along Jalan Genting Klang Lama
*500,000sf of retails space purchased by Parkson

Facilities
*Swimming Pool
*Gym
*Lush Landscape Gardens & Water Features
*F & B outlet
*Retail shops

Forecast Rental Yield/Capital Appreciation

Estimated Rental: RM1,800 - RM2,200 (7%-8%)

Estimated Appreciation: RM110-RM140 per sf upon CF in 2013