Press Release: Setting the Property Priorities Straight- Myra Impian Value-Adds to Growing Communities in Nilai
As the southern gateway into Klang Valley, Nilai, the capital of Negeri Sembilan, has witnessed rapid development over the past few decades. In the 1990s, its state government initiated a plan to transform the town into an educational and research hub. The initiative, combined with the location’s good connectivity, amenities and infrastructure, catapulted the town into a hotbed for both homebuyers and investors.
In its initial stages of development, Nilai’s residential property scene flourished with homes catered to growing families, especially landed homes that adequately accommodated the town’s increasing population. However, high-rise projects soon became a more viable option for the influx of student population, teaching faculty, and factory and airline employees — due to the strengthening of Nilai’s status as an educational and industrial hub, along with its close proximity to KLIA.
This influx resulted in an increase in demand for high-density and smaller residential units as temporary homes, which attracted property investors, and in turn, reducing the supply of homes meant for permanent housing for growing families.
Bringing the Focus Back to Homebuyers with Myra Impian
Myra Impian, the latest 20.217 acres of mixed development by property developer Myra, acknowledges the lack of homes designed and built for families and communities. This new township in Nilai will offer practical starter freehold homes that are tailored to individuals with different needs and come with commercial components to provide residents with the utmost convenience.
“The current residential developments in Nilai are saturated with high density and high-rise projects that are catered to investors. They consist mainly of studio and dual-key layouts, with unit sizes that are often on the smaller side of the scale, ranging from 380 sqft – 1008 sqft. Based on our market research, we felt that there was an opportunity to address the need and gap for the own-stay market, and Myra Impian is our answer for the people who are experiencing the lack of developments that are able to accommodate not only growing families but also working professionals and semi-investors in Nilai,” said Wendy Lim, General Manager.
A Self Sustaining Township for All Walks of Life
To be launched in Q4 2021, Myra Impian aims to follow through with Myra’s successful track record of building self-sustaining townships for homebuyers of every age with different needs. Poised to be a highly-anticipated addition to an already matured and growing township, Myra Impian comprises 5 phases that encapsulate 2 serviced residences catered to young individuals and other commercial facilities. It is a township designed to adapt to the homebuyers’ needs in different stages of life and is thoughtfully conceptualised in collaboration with VERITAS, one of Malaysia’s top architecture firms that has won multiple prestigious awards for their contribution to the design profession and to the built environment.
Facilities that are designed to enrich residents’ day-to-day lives must be present for a township to be fully considered self-sustaining. Therefore, it is one of the features that Myra Impian residents can definitely look forward to. The wading pool, kids playground, and game room are examples that can further help young families develop a stronger kinship and grow together. For community-building activities, the multipurpose hall and lawn can cater to an array of events, while the BBQ area is where everyone can gather and bond over great food. To wind down after a long day, residents have the option to relax at the swimming pool or amuse themselves with a book in the designated library room.
Launch of Phase 1: Ara Serviced Residences
Slated to be the first phase to launch in Q4 of 2021, Ara Serviced Residence @ Myra Impian, which is Myra Impian’s first serviced residence, consists of Tower A and B, will offer units that provide flexibility, various options and different spaces for buyers with specifically distinct needs.
With a total of 3.459 acres and a GDV of RM203,751,400, Ara Serviced Residence @ Myra Impian comprises 546 residential units with 8 different layouts that boast flexibility and practicality. Type A units (1055 sqft, 198 units) are optimized for space, ideal for young families with up to five children. Type B (158 units) also fits the lifestyle of growing families but emphasises privacy, which could appeal to slightly older occupants with 3 design options that range from 872 – 915 sqft providing more versatility in terms of how occupants choose to utilize their spaces.
Prioritising simplicity and practicality in adapting a work-living space, Type C proves to be a great choice for working professionals (893 sq ft, 64 units). For semi-investors who prefer both own-stay and renting out, Type D (753 sq ft, 96 units) allows for a clear partition of spaces to set boundaries. With a spacious floor plan similar to landed property, Type E (1884 sqft, 26 units) caters well to multi-generational and elderly families, while Type F (1044 sq ft, 4 units) is built with features that alleviate the lifestyles of the disabled. All units are designed to fit the different lifestyle needs of homebuyers, which starts from RM279,720 to RM585,900.
More than serving the variety of buy-to-stay individuals in a market that focuses primarily on investors, Myra Impian taps into the town’s available and upcoming amenities to provide its residents with further conveniences, such as the East Coast Rail Link (ECRL), where Nilai will be a second stop, that will provide passenger and freight services. Besides the ECRL, the KTM, and the connectivity offered by North-South Expressway, ELITE Highway, LEKAS Highway, and KLIA Extension Highway will further strengthen the town’s appeal to homebuyers and investors.
“Nilai is one of the fastest-growing towns within the region, and we see plenty of room for growth for the development of residential projects for the own-stay market here. With the government’s plans for major developments in the near future, like the Malaysia Vision Valley 2.0, which is an extension to the Kuala Lumpur conurbation, we believe that there is a bigger residential gap to bridge for Nilai and its residents, and Myra hopes to play its role and be a part of the solution,” Wendy said.
To keep up to date with their latest developments, as well as practical tips and advice involving property and finance, you can reach Myra on a WhatsApp link or follow Myra’s profile on Facebook, Instagram, and Twitter. For more information, visit www.myra.com.my.
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