216 Residences is a residential development located along Jalan Kuchai Jaya 10, Kuchai Lama, Kuala Lumpur. True to its name, this 30-storey single tower leasehold serviced apartment consists of 216 apartment units.
The Zen-inspired 216 Residences comprises units sized from 658 sf to 1,854 sf, with a total of 14 layout choices to choose from. The unit configuration ranges from 2-bedroom to 4+1 bedroom apartments. There will be one to suit every homebuyer’s needs
216 Residences is guarded with 24-hour security control. Residents will be provided with ample lifestyle facilities to lead a healthy life. Facilities here include covered parking lots, gym, business lounge, pool lounge, indoor and outdoor games area, swimming pool, celebrity kitchen and many more.
The property sits closely with several other established high-rise property such as Arte KL and KL Palace Court, surrounded by a myriad of nearby amenities like retail shops, eateries, schools, banks, clinics and petrol stations.
Some of the schools nearby include SJK (C) Choong Wen, SJK (C) La Salle, SJK © Yoke Nam, SMK Seri Sentosa, SK Seri Mega, Vikas International School and SK Danau Perdana.
Apart from that, the NSK Trade City, Endah Parade, The Scott Garden and Pearl Point Shopping Mall are some of the malls and commercial areas nearby, mostly only within a 5-minute driving distance. Obtaining daily necessities will be extremely convenient.
216 Residences enjoys great accessibility to the Maju Expressway (MEX) and Old Klang Road (Jalan Klang Lama) via Jalan Gembira and Jalan Mesra Ria. It also provides great connectivity through other major highways such as the New Pantai Expressway (NPE) and Sungai Besi Expressway (SBE)
For those who commute, buses and taxis services are available in this area. Not to mention that the property is also just a short drive away from the Bandar Tasik Selatan and Petaling KTM train stations.
Not only that, but 216 Residences is also situated only 1.5km away from the Kuchai MRT station, the said station is only 1 station to Bandar Malaysia and 4 stations to Malaysia’s first International Financial Hub – Tun Razak Exchange (TRX).
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Did you know?
Check out the value of surrounding recently completed properties to make the best buying decision.
| Property Name | Year of Completion | Ad Selling Price | Ad Rental Price | Avg Transacted Price | Avg Rental Yield (%) |
|---|---|---|---|---|---|
| 216 Residences | 2022 |
RM285,000
-
RM1,666,800
RM 428 psf - RM 899 psf |
RM500 - RM500 | NIL | 1.38 % |
| Arte KL | July 2014 |
RM437,000
-
RM1,218,240
RM 48 psf - RM 686 psf |
RM700 - RM700 | NIL | 2.69 % |
| KL Palace Court | 2014 |
RM380,000
-
RM1,000,000
RM 47 psf - RM 549 psf |
RM650 - RM650 | NIL | 3.25 % |
| Armada Villa | Mar 2013 |
RM388,000
-
RM3,980,000
RM 421 psf - RM 991 psf |
RM10,000 - RM12,000 | NIL | 6.04 % |
| Kuchai Avenue | 2010 |
RM306,000
-
RM600,000
RM 330 psf - RM 658 psf |
RM850 - RM850 | NIL | 3.85 % |
| Kuchai Business Park | Sept 2008 |
RM700,000
-
RM700,000
RM 538 psf - RM 538 psf |
RM1,500 - RM8,500 | NIL | 7.63 % |
| Dynasty Garden | Aug 2008 |
RM400,000
-
RM677,000
RM 358 psf - RM 480 psf |
RM1,200 - RM1,200 | NIL | 3.75 % |
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
| Non-Landed | Landed | Commercial | |
|---|---|---|---|
| 0 - 500 SQ. FT | - | - | RM 217 psf |
| 500 - 1,000 SQ. FT | RM 421 psf | - | RM 253 psf |
| 1,000 - 1,500 SQ. FT | RM 409 psf | RM 607,500 psf | RM 705 psf |
| 1,500 - 2,500 SQ. FT | RM 404 psf | RM 350,000 psf | RM 442 psf |
| 2,500 - 4,000 SQ. FT | RM 309 psf | - | RM 4,640,000 psf |
| 4,000 SQ. FT and above | RM 184 psf | RM 5,000,000 psf | - |
Note:
| Down Payment (10%) | RM 30,000 |
| Loan Amount ( 90 %) | RM 270,000 |
| Tenure Years | 35 Years |
| Interest Rate | 4.85% |
| Others (Estimation) | RM 10,000 |
Disclaimer
The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
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