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From RM447,354Quaver ResidenceSungai Besi

DLAPHDA

1017 - 1701 sqft
3 - 3
-
-

Developer License No.
30064/04-2027/0063(A)
Advertisement and Sales Permit No.
30064-1/08-2027/0665(A)-(S)
License Validity Date
Start : 26 Apr 2022
End : 25 Apr 2027
Permit Validity Date
Start : 24 Aug 2026
End : 23 Aug 2027
Schedule Type
Schedule H
Construction Period
36 months + 18 months
Permit Status
Smooth

Property Details

Status
Completion
Completion year
A - Q3 2026, B - Q3 2026
Project type
Highrise, Residential
Total units
684 Units
Land area
3.406 Acre
Block
A, B
Developer
CHIN HIN PROPERTY
Floor
A - 20, B - 29
Tenure
Leasehold (2091)
Maintenance Fees
RM 0.33 per sqft included 10% sinking fund

Highlights

MRT Serdang Raya Utara 542m
All 3-bedroom 1,017–1,701 sqft
Completed 2026 – view the real unit
Priced from RM522,000
APU campus 643m away

About This Property

Quaver Residence, Sungai Besi: A Leasehold Family Serviced Residence by Chin Hin

Quaver Residence is a 684-unit leasehold serviced residence in Sungai Besi, Kuala Lumpur, by Chin Hin Property, with the title running to 2091. Every unit is a 3-bedroom of 1,017 to 1,701 sqft, priced from RM522,000. The building is completed, with vacant possession delivered in September 2026. It suits families who want real space near the MRT, and landlords targeting APU students and staff.

Who Quaver Residence suits – and who should skip it

It suits a growing family that has outgrown a 2-bedroom and wants three proper rooms without leaving the MRT line. It suits a landlord who wants to rent rooms to students or staff at Asia Pacific University (APU), 643m away. It also suits a buyer who wants to see the finished unit before paying, since the CCC was issued on 8 August 2026. Skip it if you want a small, low-ticket unit for a single tenant, because there is no studio or 1-bedroom here. Skip it too if a long lease matters to you: the title runs to 2091, about 65 years from now.

How connected is Quaver Residence?

MRT Serdang Raya Utara (PY31) on the Putrajaya Line is 542m straight-line from the site. APU is 643m, a recreational park is 938m and Sekolah Sukan Bukit Jalil is 1,275m straight-line. The site sits on the Serdang and Seri Kembangan fringe of Sungai Besi.

Layouts and monthly costs at Quaver Residence

All units are 3-bedroom, from 1,017 to 1,701 sqft, including duplex formats and large balconies per the developer. Estimated instalments start from about RM2,166/month (90% loan, 35 years, ~4.3%; actual depends on your loan profile). Maintenance is quoted at RM0.33 psf, including the 10% sinking fund. The CCC was issued on 8 August 2026 and vacant possession was delivered in September 2026, so there is no construction wait.

The Sifu View

The trade-off here is space against lease length. You get a full 3-bedroom of at least 1,017 sqft, 542m from an MRT station, in a building that is already finished. That is a lot of home for RM522,000 in KL. The reason to hesitate is the leasehold title to 2091, which future buyers and their banks will look at closely, and a 684-unit block where you share lifts and facilities with many neighbours. Worth a look if you are a family or an APU landlord who plans to hold for years; skip it if you want freehold or a small rental unit.

Key facts

Type: Serviced residence
Developer: Chin Hin Property
Tenure: Leasehold (to 2091)
Total units: 684
Built-up: 1,017–1,701 sqft (all 3-bedroom)
Price: from RM522,000
Status: Completed – vacant possession September 2026
Nearest rail: MRT Serdang Raya Utara (PY31), 542m straight-line

Pros and Cons

See It Before You Pay: The CCC was issued on 8 August 2026 and keys were handed over in September 2026, so you inspect the actual unit, lobby and finishes, not a render.

Three Real Bedrooms: Every unit is a 3-bedroom of 1,017 to 1,701 sqft, some in duplex format, so a family gets proper rooms instead of a squeezed third bedroom.

MRT And Campus Nearby: MRT Serdang Raya Utara (PY31) is 542m and APU 643m straight-line, which gives you an easy commute and a steady pool of student and staff tenants.

No Small Units To Start With: There is no studio or 1-bedroom here. If you want a low-ticket unit for one tenant, the RM522,000 entry and 3-bedroom-only mix will not fit.

684 Households Sharing: This is a dense block. Expect queues for lifts in the morning and busy pools at weekends, and many similar units competing with yours when you rent.

Lease Runs To 2091: About 65 years remain on the title. That matters at resale, because the next buyer's bank will look at the years left when it decides how much to lend.

Layout Plans

DUPLEX A1367sf

DUPLEX B1701sf

SA A1110sf

SA B1017sf

SA C1644sf

Sale Price: RM674,000

Price (psf): 493psf

Bed: 3

Bath: 2

Carpark: 2

Location Map

Good nearby

StationSerdang Raya Utara (MRT Putrajaya)590 m
StationSungai Besi (LRT Sri Petaling, MRT Putrajaya)1.9 km
SchoolsAsia Pacific University of Technology and Innovation (APU) - Faculty of Business & Management (FBM)650 m
Shops and malls99 Speedmart490 m
Shops and malls99 Speedmart630 m

Watch out for

Sewage treatment plant680 m

Distances are straight-line unless shown as a walk.

Is this price high or low for the area?

Of 6 similar-size launches still on sale within 5 km in a straight line, Quaver Residence has the lowest net price per sq ft.

RM424 per sq ft against a nearby median of RM610, 30% lower.

Net price per sq ft, low to high

Quaver ResidenceThis projectRM424
PSV2 Residence3.5 kmRM440
Maxxon Residence3.3 kmRM470
Aurum Residence3 kmRM610
OAKA Residences3.3 kmRM839

This projectNearby median RM610

Compares units of about 1096 to 1826 sq ft that are still on sale, at net prices. A price comparison, not a valuation; it does not account for floor, facing, tenure or facilities.

About the Developer: Chin Hin Property

Quaver Residence is developed by Chin Hin Property. Chin Hin Group Property Berhad, listed on Bursa Malaysia's Main Market (CHGP, 7187), is a property developer whose subsidiaries and joint ventures have 14 housing projects in the KPKT register: 3 completed and 11 under construction, none classed Sick or Abandoned. It was known as Boon Koon Group until 2018.

The Sifu View: Why It Matters for Quaver Residence

Quaver Residence is by a group listed on Bursa Malaysia’s Main Market: Chin Hin Group Property Berhad has 14 housing projects in the KPKT register, none classed Sick or Abandoned. The project has 684 units from RM522,000, leasehold to 2091, with a completion year of 2025. Weigh that only 3 of the group’s 14 registered projects are completed, so its finished-building record is still short. Visiting a completed building by the developer shows the finish and how it is managed, and PropertySifu can check the KPKT record and construction progress for you.

Listing: Bursa Malaysia Main Market · CHGP (7187) · shares traded on Bursa Malaysia since 2004; named Boon Koon Group Berhad until September 2018
Founded: Incorporated in 2001 as Boon Koon Group Berhad; renamed Chin Hin Group Property Berhad in September 2018
Headquarters: Menara Chin Hin, 8th & Stellar, Sri Petaling, Kuala Lumpur
Holding company: Chin Hin Group Berhad, listed on Bursa Malaysia's Main Market (immediate holding company)
Land bank (company figure): 148 acres across the north, south and Klang Valley, with a combined gross development value of RM9.36 billion (Annual Report 2025)
Joint-venture partner: Fiamma Holdings Berhad holds 30% of Dawn Land (Dawn KLCC), Aricia (Aricia Residences) and Sinaran Urusjuta (Divine KLCC); the group holds 70%
First property project: Aera Residence, Petaling Jaya — a joint operation with Platinum Eminent Sdn Bhd (group participating interest 60%)
Full developer profile and KPKT record: Chin Hin Property on PropertySifu

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Chin Hin Group - Young and raring to go

Created 12/4/2022

November 05, 2021 | Updated 1 year ago

Quaver Residence will be launched by this year. (Photo by Chin Hin Group)

Things might have slowed down for many companies since the Covid-19 outbreak in March 2020, but integrated builder Chin Hin Group Bhd has gone against the tide, moving aggressively towards expansion instead.

In this year alone, Chin Hin Group has acquired controlling stakes in Chin Hin Group Property Bhd (CHGPB) (formerly Boon Koon Group Bhd), Kayangan Kemas Sdn Bhd, and kitchen cabinet and wardrobe manufacturer Signature International Bhd.

The home-grown building material specialist, which started its journey back in 1974 as a small hardware shop in Alor Setar, Kedah, has now evolved into an integrated developer with diversified businesses encompassing building material trading and manufacturing, property development, construction, and home and living, as well as solar energy.

On top of this, CHGPB has also accumulated landbank in strategic locations, such as Cyberjaya in Selangor, Jalan Kuchai and Bangsar South in Kuala Lumpur, and Serendah in Selangor.

Chin Hin Group managing director and executive director Chiau Haw Choon tells EdgeProp. my the landbanking activities will continue for CHGPB and the growth momentum will continue in the next three to five years.

Chiau: “I am an entrepreneur. Generally, en¬trepreneurs are optimistic and far-sighted people. I just feel there is never a bad time. Any time is just a time to do a certain thing”.

No time is a bad time

The intensive acquisitions of this new kid on the block amidst a pandemic-ridden market have definitely raised eyebrows.

What has prompted such boldness from this 37-year-old developer, whose current track record in the real estate arena are Novum Bangsar South in Kuala Lumpur, a joint venture development with with Kedah-based Eupe Corp Bhd, and G Residence near Kuchai Lama in Kuala Lumpur as well as two under-construction high-rise residential projects – 8th & Stellar in Sri Petaling, Kuala Lumpur and Aera Residences in Petaling Jaya, Selangor?

In response, Chiau says: “I am an entrepreneur. Generally, entrepreneurs are optimistic and far-sighted people. I just feel there is never a bad time. Any time is just a time to do a certain thing”.

“Like now is a good time to accumulate landbank and assets, focus on digitalisation and working on our books. Hence, we did not launch any new developments last year and this year, as we feel it is not a good time for new launches,” adds Chiau, who is also the son of the group’s co-founder and deputy chairman Datuk Seri Chiau Beng Teik.

This is especially so for the property development segment, as purchasers would want to view the projects, show units, talk to the sales representatives or have short tours of the surroundings, and all these are not allowed during the movement control order periods.

Hence, Chin Hin Group has turned its strategy to accumulating assets, in expectation of a market recovery in 2022.

“Looking at the market condition, we foresee next year will be a year of recovery, hence the most important thing right now is for us to accumulate landbank and do our project planning,” he says.

Chiau notes that the project planning and the submissions to get authorities’ approvals will take about six months to one year. “If we had taken a wait-and-see approach and had only started buying [land] next year, by the time I had got my preparation done, I would have missed the boat.”

Increasing its footprint in the Klang Valley

“Currently, our undeveloped landbank has an estimated gross development value (GDV) of RM3.5 billion. This will keep us busy until 2027,” he says, but declines to reveal the size of the landbank.

Earlier in February this year, CHGPB announced its plan to spend RM269 million to acquire 81.9 acres of land in the Klang Valley to develop five property projects and its aim to launch projects worth RM3.73 billion in GDV in the next two years, including a township development in Rawang.

Before ending 2021, CHGPB is looking at unveiling a high-rise residential project in Seri Kembangan, Selangor by the fourth quarter of this year.

Dubbed Quaver Residence, the freehold development comprises two 40-floor serviced apartments offering 684 units with built-ups ranging from 1,017 sq ft to 1,850 sq ft and some retail units. Priced from RM500,000 per unit, it’s expected to complete by 2025.

“Next year, we will be launching a minimum of three projects in the Klang Valley,” enthuses Chiau, adding that one of the projects which CHGPB had planned to unveil this year has been pushed to 2022 due to the market condition.

The project is a 34-storey office tower in Bangsar South with a net sellable area of 213,657 sq ft. Originally measuring 0.53 acres, the land is now 0.48 acres after part of it has been surrendered for a light rail transit (LRT) development. It is located right next to KL Gateway. The development is expected to be completed by 2025.

One of the unique selling points of the office tower is there will be a link bridge to Southview Apartment and KL Gateway Mall, which means it will have direct access to an LRT station.

Although companies have started adopting a hybrid of work-from-home and work-in-office, he observes there are still needs for offices following the economy’s reopening.

“Personally, although I enjoy remote working – having meetings any place any time, I still miss the physical meet-ups with the staff and business partners, to interact with them and listen to their needs. This is something irreplaceable,” says Chiau.

“Next, we also have a high-rise residential development in Kinrara, Puchong, Selangor. The development is expected to come with a GDV of RM400 million. It’s sited on a freehold plot near Giant Kinrara and close to an LRT station. This will also be our maiden launch in Puchong,” he shares.

CHGPB plans to debut its maiden development, a serviced apartment project, in Puchong next year. (Photo by Chin Hin Group)

Slated for completion by 2026, the freehold serviced apartment will have two 43-floor towers, offering 833 units with an estimated selling price starting from RM350,000.

Other than these two projects, CHGPB is also busy planning for a township development in Rawang with a GDV of RM909 million.

“The 60-acre freehold plot is located next to the Rawang Bypass and close to Templer Park. For now, we are planning to launch townhouse and Rumah Selangorku projects in the first two phases. More details will be unveiled when we finalise the planning,” he says.

Beyond 2022, Chiau adds that CHGPB has now started planning the new launches for 2023. There will be integrated developments in Old Klang Road, Kuala Lumpur, and Cyberjaya, Selangor, with an estimated collective GDV of RM1 billion.

“Currently we are focusing on the growth corridors in the Klang Valley. Having said that, we do not discount the possibility of land acquisitions in other states if the right opportunity comes and fits into our overall growth strategy,” notes Chiau.

Signature Kitchen will be repositioned as a design and build business model. (Photo by Chin Hin Group)

Signature International to go big next year

On the latest addition to the group’s core business – Signature International Bhd, Malaysia’s largest kitchen cabinet and wardrobe manufacturer, Chiau reveals that there will be plans to expand its market presence next year.

“We are going to launch a new business model in the first quarter next year. Signature Kitchen will be repositioned as a design and build business model. On top of design-and-build services, there will be furniture pieces for individuals who are looking for home improvement as well,” he adds.

The idea came from customers’ feedback, on the hassle they have been through when looking for interior designers and suppliers themselves, the lack of transparency in pricing, inconsistent delivery schedule and unsatisfactory workmanship. Prompted by this, Chiau says the team saw a big potential in introducing a new customer experience for homebuyers.

He adds that this includes building a new showroom with a built-up size of 50,000 sq ft to showcase different design themes for consumers’ reference, in-house designers that offer consultancy services and a ready-made furniture section.

“This will be a one-stop centre that covers everything in your home, including design-and-build service. Transparency is something that we want to emphasise. Every item will be listed down in the quotation for the customers to choose,” he says.

According to him, a total investment of RM40 million will be put into this new business model to transform this traditional household business and to elevate Signature’s brand in the market.

Integrating solar energy with property development

As one of Chin Hin Group’s core businesses, the solar energy division has been contributing recurring income for the group.

Notably, it has an order book of over RM500 million, among which is a RM175 million 50 megawatt solar park project in Perlis. Lagenda Properties Bhd has also appointed Solarvest as its solar photovoltaic (PV) system partner to build the largest sustainable affordable township in Malaysia.

“In our future property developments, we could also add in the solar PV system as one of the features. As energy cost is rising, we foresee the adoption of solar energy will gain popularity and become more common,” Chiau points out.

Source : edgeprop.my