Exploring a Property in Kuala Lumpur: A Detailed Look
This article summarizes a discussion about a property in Kuala Lumpur, focusing on its location, amenities, potential investment value, and overall appeal.
Location and Accessibility
The property is situated right across from the Saifu International School (ISKL), approximately 1km away. It boasts a convenient location in one of Malaysia's busiest cities, close to popular amenities like Tanny Hills Bakery and a Western restaurant. Key transportation hubs are easily accessible; TRX is about 3.2 to 3.3 kilometers away, and the Royal Selangor Golf Club is only 1.8 kilometers distant.
- The building benefits from being on permanent land in a residential area, resulting in lower utility costs.
Building Features and Amenities
This low-density building houses only 354 units and offers panoramic views of KL and Anbang.
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It features a pet-friendly environment, including a pet park and a children's playground.
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The design incorporates speed ramps for easy access from the first to higher floors, catering to larger vehicles.
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The 8th-floor amenities include a 50-meter infinity swimming pool, a wading pool, barbecue facilities, a terrace, a swimming garden, and a rain sink deck.
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A Viewing Deck provides views of Shizhongxinjian, Yunding Plateau, and surrounding areas.
Unit Features and Design
The discussion highlights specific unit types, including Type-C, a 1,510 square meter unit with three rooms, a home office, and three toilets. The layouts are praised for their spaciousness and reasonable design.
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Balconies offer ample space, and a back balcony is available for laundry.
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Master bedrooms feature long designs and glass windows with views of the floating center, along with spacious walk-in wardrobes.
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Units come equipped with essential appliances such as a generator, battery, refrigerator, and dishwasher.
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Backyard areas provide space for a washing machine, dryer, and outdoor drying.
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Children's rooms are described as spacious, accommodating larger cabinet installations.
Investment Potential
The project is presented as a potentially self-sufficient investment opportunity, given its current pricing and strong rental demand driven by the proximity to the international school and temporary embassy area.
- The speaker suggests the location makes this project stable, in contrast to some other Malaysian properties.
Addressing Potential Shortcomings
The primary drawback identified is the waiting period of approximately three and a half years for completion (estimated May 2028). However, it's argued that the location is highly desirable due to limited space for new developments in the surrounding area. The price is also considered reasonable due to the developer's focus on construction rather than extensive branding.
Financial Aspects
The average price range for the property is estimated between 1.65 million and 2.2 million Malaysian Ringgit. Foreigners can potentially secure loans for 50% to 60% of the purchase price, with interest rates around 4% to 4.2%.
Concluding Thoughts
The overall impression is positive, with emphasis on the prime location, spacious unit designs, and strong investment potential. While the long completion time is a consideration, the limited availability of comparable properties in the area and reasonable pricing make it an attractive option.
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