Sky Living – The Way Forward

SkyWorld does not just provide homes, SkyWorld creates a concept of living better known as Sky Living.

With swanky names like SkyArena and Bennington Residences, SkyWorld talks about what’s  truly behind their new developments. Both have a theme of their own, catering to different lifestyles. SkyArena in Setapak offers a youthful, sporty, vibrant and energising feel for those who are always up for a challenge. Whether it is a full day of meetings or a hectic day in the office, these homes provide the perfect environment for those who are always on the go. Bennington Residences on the other hand offers a serene and tranquil environment. Built for the nature loving go-getter. Why stay anywhere else when you can have the city as your playground but greenery as your garden? Bennington offers tranquillity for those who need their daily retreat from the concrete jungle, while delivering its promise of serenity through its 2 acre wellness deck and garden and is Malaysia’s first 3 storey SkyGym. If heavy exercise is too much, head down to the beautiful panoramic loop pool for a few laps while overlooking a beautiful scenery. When you are done with that, you can head up to the rooftop SkyTheatre to unwind. Bennington Residences is up to date with the latest trends for more affordable units and are offering 5 different unit sizes and layouts. In addition to that, SkyWorld has also included a high value automated waste management system which is usually only found in higher valued developments, creating a holistically healthy development. If that is not enough, they also have dual key units, adding to the list of the impressive high-value infrastructure systems they offer.

SkyWorld does not just provide homes, SkyWorld creates a concept of living better known as Sky Living. “SkyWorld is born from the idea that design, when executed to perfection, can elevate living experiences to new heights. At SkyWorld, we aim to be more than just a property developer. We pride ourselves in being the designer that creates unrivalled sky living experiences, and a provider of urban and modern lifestyles in the heart of major cities.” The strategy was to create a living culture, so that buyers buy into a lifestyle, not just a home. “The foundation of our business lies in our everlasting passion for design. We strongly believe that aesthetics plays an important role in shaping living experiences, and that belief motivates us to prove that form and function can indeed go hand-in-hand.” SkyWorld makes living close to nature in the heart of a city center, possible. This can be seen through its spacious open concept developments with infrastructure to compliment said culture. Bennington Residences is located in Setapak, formerly a tin mining and rubber plantation area. “Setapak is a suburb of Kuala Lumpur which is known to be densely populated, the area is filled with houses that are significantly aged and in need of refurbishment. Nevertheless, Setapak is generally a choice of location and has a good demand for high-rises due to the buoyant rental market fuelled by  a growing working population.”

This all sounds exciting, so what is the investment value like for this lifestyle housing development? “The offered pricing of Bennington Residences is RM580 psf  on average is reasonable and competitive compared with newly completed high-rise developments in the vicinity which are selling between RM580 – RM650 psf.” Residents can enjoy the 42 facilities and a 2-acre rainforest SkyPark for a minimal maintenance fee. If you believe in hotspots, Setapak is voted one of the best investments with an average rental yield of 5% to 6% per annum according to a market report. Another pulling factor from an investment stand point, Bennington Residences @ SkyArena is located in the only integrated development in Setapak that consists of residential, commercial and a 9.4 acre multi-storey sports complex.

Since our last interview with SkyWorld, a lot has happened. Block B of Bennington Residences was launched in November 2015 which some 70% of the units were already booked weeks before the official launch. Block A units will be released for public booking in the first quarter of 2016. The dual-key concept units have been the best sellers so far as it is more appealing for those whom want forever homes or those buying as an investment.

Let us delve more into the highlight of these facilities, the RM2.5 mil automated waste-management system which will transport garbage via indoor and outdoor load stations to a central waste-handling facility (CWHF). This will ensure a smooth system to ensure rubbish is managed in a streamlined and efficient manner to ensure a hygienic environment. This technology is designed in such a way that the hinged, hand-operated intake hoppers are designed to restrict the size of material loaded into the chute and eliminate long, oversized objects, prevent the clogging of offsets and the hamming of the discharge. The rubbish will pass through the discharge valve before it enters an underground pipe leading to the CWHF. For bigger and heavier items, there are other disposal areas within the development.

Whether you are planning on buying your first home, or just to invest, here’s some useful information about the value of this development. Bennington Residences is unique as it is part of the only integrated development in Setapak that is dedicated to health and wellness. As part of urban living, millennials are finding more ways to lead a more balanced life within the city centre and that includes considering properties that are able to offer the experience of nature and convenience to have a healthier lifestyle outside of work. With this, SkyWorld is confident that the potential capital appreciation for Bennington Residences will appeal to both home owners and investors alike.