Hon Residensi a real value deal

Hon Residensi a real value deal

Mid-size mixed property developments in suburban Kuala Lumpur are limited editions and fast being snapped up owing to its lifestyle appeal and that they are the few left.

The localities where they are escaped the city’s hustle and bustle and yet not too far away to commute to work while the tranquil neighbourhoods are ideal to raise a family or to retire to.

Taman Nirwana in Ampang is one such locality that is seemingly an oasis of perfect peace not near nor too far away from the boisterous city centre; yet a stone-throw away for residents to avail of all the trappings of modern city comforts: a short drive or an LRT ride away to KLCC.

Hon Residensi is developed by Sri Seltra Sdn Bhd, a subsidiary of City Motors Group, with a total GDV of RM102 million located at Section 16, Ampang, Hulu Langat in Selangor.

It has until now eluded its share of limelight after completing the podium structure comprising 27 shop houses on the ground floor. All units have been sold and the shop houses are already occupied by retail outlets, a mini-market and car repair shop and doing brisk business.

Service Apartments Open for sales

Hon Residensi is now launching its Phase 3 development putting up for sale 172 service apartments of various floor sizes of its two tower blocks. It is low in density and equipped with modern condo facilities including infinity pool and recreational amenities on top of the podium structure.

The two blocks have low density of 84 units in Block A and 88 units in Block B with each floor having 8 units serviced by 2 lifts per tower and guarded by 2 to 3-tiered security.

The total land area is 2.69 acres. It is on leasehold until Feb 24, 2111. Layouts are in sizes ranging from 700sq foot to 1800sq foot.

Sri Seltra director Terence Chia said Taman Nirwana is the quieter cousin of vibrant Kuala Lumpur and sought after for the huge potential in capital appreciation while its lifestyle appeal of a rustic ambience bore well with buyers who prefer to live or bring up their families in a leafier neighbourhood.

“We have also included dual key features in some of the layouts giving the purchasers more flexibility in terms of how they managed their finance. Buyers are buying into the future where the property prices would have appreciated markedly with potentially high-value return and yield.

“We price our product competitively around RM500 psf nett currently while nearby condo properties at Jalan Ampang, about 3km away, are fetching prices from RM1,000 to RM1,500. It is considered the cheapest in the area.

Easy Access

The mixed development is a short walking distance to the LRT Cempaka Station, a short 7-km drive to the city centre (about 10 minutes’ drive) via Ampang-Kuala Lumpur Elevated Highway (AKLEH) or through Kampung Pandan.

It has a quick connection to the west side of KL via the new Besraya Highway and Middle Ring Road 2, and DUKE highway.

It’s a real deal with proximity and convenience a stone The thoughts put into these details resonate with the company’s commitment which is “We build our business together. We contribute to the community.”