KYM Tower

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Details:

Developer

Developer of KYM Tower, TSM Global Bhd
TSM Global Bhd
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Chinese ad 4621 326x150 01

Facilities

Outdoor herbs garden and pavilion

Property Details

2019
(Year of Completion)
This project was completed 2 years ago
Built Up
2,691 SQ. FT - 13,000 SQ. FT
Land Title
Tenure
Total Blocks
NIL
Total Storeys
24
Total Units
NIL

Description

KYM Tower is a Grade ‘A’ office building within the thriving cosmopolitan hotspot of Mutiara Damansara. Scheduled for completion by Q3 2019, the project leverages not just on the affluent demographics of the surrounding area, but on its proximity to the upcoming KL Metropolis commercial hub.

Comprising 24 storeys, the tower offers built-ups from 2,691 sq ft to approximately 13,000 sq ft per floor. Units in the project are currently available for leasing enquiries, and not for sale, with recent rental rates hovering around the RM6 psf mark.

KYM Tower’s interiors are designed to maximise tenant comfort, with features such as modular layouts to enhance flexibility in the workspace, executive toilets and pantries for each floor, individually-controlled air-conditioning and ceiling heights over 13 ft.

Other features for the comfort of tenants include an outdoor herb garden and pavilion for visitors and workers to relax in, as well as a café on the 8th floor. In addition, KYM Tower’s lobby entrance includes full marble finishing, as a suitably opulent entrance statement.

With commercial offerings in Klang Valley facing oversupply concerns this year, developer TSM Global Bhd has pulled out all the stops to set KYM Tower apart from similar projects on the market and in the vicinity.

Aside from its Grade ‘A’ status, it is also certified Multimedia Super Corridor (MSC) Status Tier One and Green Building Index (GBI) Gold. Other features include a fibre-optic ready infrastructure and intelligent building management, as well as security features such as destination-control lifts, CCTV and access card systems.

In combination, these differentiating factors serve to position KYM Tower attractively to business operators, while older commercial developments will need to invest heavily into renovation just to keep the pace.

The project’s location also allows it to leverage on a prime connectivity mix, including access to the Damansara-Puchong Expressway (LDP) and the New Klang Valley Expressway (NKVE). In addition, it is sited right next to an exit ramp from the Penchala Link, for the convenience of visitors and workers coming in from the city centre and outlying areas.

The Mutiara Damansara MRT station is about 1km away from the office, with an elevated walkway under construction to facilitate travel to the station by foot. This provides access to Klang Valley’s growing integrated rail network for daily commuters, with the 1km distance just within convenient walking range.

The same walkway provides connectivity to the Curve, Mutiara Damansara’s prime retail landmark, with a diverse range of dining, entertainment and shopping facilities.

However, KYM Tower’s location, while a pull factor, also means there are numerous other prime office developments in the immediate vicinity. These include Nucleus Tower, comprising 24 Grade ‘A’ storeys on a retail podium, and Mercu Mustapha Kamal, both of which are adjacent to the project, while the Empire Damansara mixed development sits across the LDP.

Further underscoring the oversupply of launches in the commercial space in Klang Valley, KYM Tower directly faces an upcoming 30-storey strata office project by TSR Capital Bhd.

However, KYM Tower may benefit from a larger wave of growth as more businesses are drawn to prime offices with affordable rental rates in KL fringe areas, along with trickle-down effects from proximity to the KL Metropolis masterplan.

Gated & Guarded
Security
NIL
Pet Friendly
Yes
Eco Friendly (GBI)
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Nearby Amenities:

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Did you know?

Check out the value of surrounding upcoming properties to make the best buying decision.

Property Name Year of Completion Launch Price Ad Selling Price
KYM Tower 2019 NIL NIL
D'Erica Residences 2024 From RM 600,000 NIL

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 (%)
KYM Tower 2019 NIL NIL NIL NIL
Reflection Residences May 2015 RM 701,000 - RM 1,700,000
RM 546 psf - RM 1,149 psf
RM 1,600 - RM 1,600 NIL 3.55 %
Empire City 2015 RM 199,999 - RM 624,000
RM 378 psf - RM 993 psf
RM 900 - RM 900 NIL 4.87 %
The Effingham Jan 2013 RM 5,300,000 - RM 5,500,000
RM 687 psf - RM 891 psf
RM 9,000 - RM 15,000 NIL 2.53 %
Empire Damansara 2013 RM 182,250 - RM 1,980,000
RM 352 psf - RM 5,652 psf
RM 950 - RM 950 NIL 4.21 %
Neo Damansara 2012 RM 224,000 - RM 610,000
RM 472 psf - RM 914 psf
RM 130 - RM 130 RM 433,467 (RM 634 psf) 3.36 %
Mutiara Homes 2012 RM 1,198,000 - RM 6,800,000
RM 478 psf - RM 1,444 psf
RM 2,300 - RM 2,300 NIL 18.31 %

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 816 psf - -
500 - 1,000 SQ. FT - - RM 471 psf
1,000 - 1,500 SQ. FT - - RM 405 psf
1,500 - 2,500 SQ. FT - - RM 511 psf
2,500 - 4,000 SQ. FT - - -
4,000 SQ. FT and above - - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 506 psf
Non Landed Properties
RM 522 psf
Landed Properties
RM 505 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 50,000
Loan Amount ( 90 %) RM 450,000
Tenure Years 35 Years
Interest Rate 4.85%
Others (Estimation) RM 10,000
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Monthly Installment
RM 3,000 ±
Maintenance Fee
N / A
RM N / A psf (2,691 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.

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