Details of property :
- Hotel suites
- Build up: 1,338 sq. ft.
- Title: Freehold
- Furnishing: Fully furnished
- Price: RM1.8 mil (RM1,345.29 per sq. ft.)
- Type A5: 1,338 sq ft (2 bedrooms)
Condition of sale:
The property is currently under new 3 years tenancy agreement with hospitality service provider, Frasers Hospitality. Rental is RM11,250 per month (ROI 7.5%). Bank value for the unit is RM1.9mil, it's a great opportunity for investment.
The 446-unit serviced residence development – to be known as Fraser Residence Kuala Lumpur (previously known as Project 3KL) is the second ‘golden triangle’ venture to be announced by Frasers Hospitality, the hospitality arm of property group Frasers Centrepoint Limited.
Fraser Residence Kuala Lumpur is constructed on a piece of vacant land facing both Jalan Ampang and Jalan Sultan Ismail, next to Renaissance Hotel, is close to two light rail stations and surrounded by entertainment malls, tourist attractions and offices. Fraser Residence Kuala Lumpur comprises two towers with one and two-bedroom serviced apartments. It features a sky gymnasium, infinity lap pool, whirlpool and sauna.
Fraser Residence Kuala Lumpur is part of a mixed development project in Kuala Lumpur, comprising serviced residences, office suites and also retail mall with a total gross development value of approximately RM550.0 million.
This classified ad has been withdrawn by the poster.
Find Out More About 188 Suites
Formerly known as Fraser Place (not Fraser Residence), 188 Suites is a luxury serviced apartment located just behind Renaissance Hotel Kuala Lumpur. Desired for the fact that this development will be managed by the renowned Frasers Hospitality Pte Ltd, 188 Suites was deemed by speculators to be a...Read More