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Ampang Waterfront

Jalan AWF 1, Ampang Waterfront, 68000 Ampang, Selangor
Apartment Shop Office
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Details:

Chinese ad 4621 326x150 01

Property Details

From RM1,350,000
From RM1,600
Built Up
From 2,850 SQ. FT
Land Title
Mixed
Tenure
Leasehold
Total Blocks
NIL
Total Storeys
NIL
Total Units
NIL

Description

Waterfront properties typically go with higher prices, but the Ampang Waterfront is one of the notable exceptions. Built by the GMH Properties Group in the early 2000s, this stretch of shop-offices represents some of the lowest-priced riverside real estates along the Klang River.

Located at the far eastern edge of the Kuala Lumpur conurbation and commonly accessed via congested Jalan Ampang, the waterfront area remained relatively unchanged until a series of recent developments began reinvigorating the area.

Situated along two of the main arteries leading to the nation’s capital, Jalan Ampang and the Klang River, the Ampang Waterfront has benefitted from the Sungai Besi-Ulu Klang Elevated Expressway (SUKE) – which serves to lighten traffic along Jalan Ampang by providing fast-track access to the Kuala Lumpur Outer Ring Road (KLOOR) via the East Klang Valley Expressway (EKVE).

The long-anticipated IRDK Residensi, a 3-acre mixed development with 3 towers of apartments, shops, and offices, was renamed to D’ Waterfront when the reins of the project were taken up by Vertilot Development (a subsidiary of Terraton Development). The project’s new name effectively extends the Ampang Waterfront to the northern side of the Klang River.

Also tucked between Taman Kosas and the Ampang Forest Reserve, and associated with the Ampang Waterfront by way of Granstep Development (of the GMH Properties Group), Puncak Indah Ampang comprises affordable apartments and luxurious three-storey homes priced as low as RM280 psf.

In contrast: just 2 km away, at the westernmost end of the Ampang Waterfront and approximately 1km from the Ampang LRT Station, a low-cost flat at Pangsapuri Widuri can be found for as low as RM220 psf.

New bridges connect these relatively recent developments with the south bank, between Jalan AWF 3 and AWF 3A, providing residents on the north side of the Klang River with exclusive access to the Waterfront.

With elevated sections of the SUKE simultaneously alleviating congestion and providing shade along Jalan Ampang, the rows of shops at Ampang Waterfront, traditionally home to automotive workshops, furniture stores, and mini markets, have been steadily transitioning to a more varied mix, comprising restaurants and cafes that cater to an increasingly cosmopolitan population.

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Nearby Amenities:

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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 (%)
Ampang Waterfront 0 From RM1,350,000 RM2,400 - RM2,400 NIL NIL
Ampang Prima 2006 RM310,000 - RM790,000
RM 218 psf - RM 505 psf
RM1,300 - RM1,300 NIL 3.21 %
Merdeka Villa 2006 RM207,000 - RM400,000
RM 233 psf - RM 431 psf
RM750 - RM750 NIL 4.64 %
Ampang Damai 2001 RM227,000 - RM12,000,000
RM 202 psf - RM 1,714 psf
RM1,300 - RM1,300 NIL 0.22 %
Symphony Court 2000 RM200,000 - RM300,000
RM 235 psf - RM 375 psf
RM320 - RM400 NIL 1.51 %
Gladden Court 1996 RM140,000 - RM215,000 RM850 - RM850 NIL 5.41 %

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 - - -
500 - 1,000 SQ. FT RM 419 psf RM 400,000 psf RM 262 psf
1,000 - 1,500 SQ. FT RM 338 psf - RM 664 psf
1,500 - 2,500 SQ. FT RM 304 psf - RM 183 psf
2,500 - 4,000 SQ. FT - - -
4,000 SQ. FT and above - RM 1,025,000 psf -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 209 psf
Non Landed Properties
RM 9,437 psf
Landed Properties
RM 343 psf
Commercial Properties

Note:

  • This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
  • 'Nearby distance' is based on 1 kilometre
  • Average Rental Yield takes into account an estimated amount of maintenance fees

My Affordability:

Down Payment (10%) RM 135,000
Loan Amount ( 90 %) RM 1,215,000
Tenure Years 35 Years
Interest Rate 4.85%
Others (Estimation) RM 10,000
Monthly Installment
RM 3,000 ±
Maintenance Fee
N / A
RM N / A psf (2,850 SQ. FT)
Total Monthly Expenses
RM 3,000 ±

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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