Low-cost Flat Residents Receive Free Upgrade of New Condominium Homes by Upper Label

Residents of Taman Segar low cost flats must be pinching themselves for the windfall that they have just landed on. Their lives are about to change as their 500 sqft staircased flat home will be replaced with a 900 sqft, elevator-facilitated condominium unit each. Other than that, they will also enjoy serviced swimming pool and gym. If I knew this luck would befall on these flat dwellers, I would have asked my parents to purchase a unit 40 years ago.

Low-cost flats of Taman Segar will be replaced with a new condominium

On a more serious note, from what was heard over the grapevines, the 2-room low-cost flat units barely have enough allocation for proper dining space, forcing the dwellers to have their meals at the living hall. As most of the residents here age with their homes, climbing the stairs everyday will not be so safe for them. Most parts of the buildings are also beyond economical repair.

Taman Segar Flats has been dilapidated by time

Implemented within the next three years, Taman Segar Flats will be replaced with Segar Residences where houses are pegged at RM300,000 each. While over 300 units will be given to the residence as CSR, the rest of the units will be open for sale to public. 

This project will be developed without the involvement of any subsidy from the government and this Program Rumah Wilayah is proof that there can be cohesive collaboration between the government and the private sector without the need for government subsidies and developed with massive savings to assure affordable rates for community residents, according to Chin Ke Liang, Project Director of Upper Label Sdn Bhd.

Model of the new Segar Residences taking over the flats

Each 900sf ft unit is built with views of Kuala Lumpur City, full facilities including an infinity pool, all enveloped in a low-density project that is built on prime land in Cheras. Easily accessible via various major highways and byways, this project is walking distance to the Mutiara MRT as well as to Leisure Mall.

Model of a 900 sqft unit

Residence attending the event

YB Tuan Haji Khalid Abdul Samad, Minister of Federal Territories, viewing the model of Segar Residences

YB Tuan Haji Khalid Abdul Samad arriving to witness the handover ceremony

YB Tuan Haji Khalid Abdul Samad saying that cooperation between developers and government to upgrade lives of the people is encouraged

YB Tuan Haji Khalid Abdul Samad was present to grace the signing of the agreement. He also stated that they will do an in-depth study to iron out concerns on the project. 

Handover agreements signed by both parties

Residence who received their new homes

This CSR is in line with the government’s promise to deliver one million units of affordable houses within 10-years, in its manifesto. With over 20 years of industry excellence and successful project launches that include Residensi Pandanmas 2, a RUMAWIP project that was delivered 10 months ahead of schedule; Upper Label Sdn Bhd and Sri Binaraya Sdn Bhd are yet on the mission to change the lives of 1200 residents at Taman Segar, Cheras. Among the other successful projects under Sri Binaraya Sdn Bhd include Holmes 2, a four- block condominium consisting 1814 units at Bandar Tun Razak; East Parc @ Menjalara, which are serviced apartments at Bandar Menjalara; Inspirasi Mont Kiara, two blocks of 44- storey serviced apartments at Mont Kiara; as well as The Clio 2 Residences which is three blocks of serviced apartments consisting of 550 units at Dengkil, Putrajaya amongst others.

For more information, pls call 09-9133 8333/ 03-91337070 or email :upperlabel.info@gmail.com

About Upper Label

The parent company of Upper Label Sdn Bhd, Sri Binaraya Sdn Bhd was established in 1980. It is a Class ‘A’ Contractor and a CIDB Grade 7 registered company which undertakes construction projects for commercial and residential buildings, roadworks, bridges and water reticulation. The company is a wholly owned subsidiary of Sri Binaraya Holdings Sdn. Bhd. Upper Label is also a MS ISO 9001:2008 Quality Management Systems certified company. The company's objective is to establish a sustainable and continually improving construction company.

Quality, safety and efficiency are our top priorities in the planning and execution of their projects. To provide quality services, Sri Binaraya is well equipped with a large fleet of plants and machinery, and a skilled and experienced workforce.