TR Residence is a serviced apartment developed by MKH Berhad. This development consists of a 35-storey high tower, that will have 642 apartment units, as well as retail units at the lower floors.
The residences will consist of 8 different layouts, with built-ups ranging from 636 sf to 1,690 sf. Most of the layouts have the standard size of 3 bedrooms and 2 bathrooms, while other layouts include 2-bedroom and studio units. The serviced apartment also has duplex units, namely Type C. The duplex unit will have a built-up of 850 sf, and has 2 bedrooms and 2 bathrooms. The largest unit in the development is the penthouse unit, standing at 1,690 sf, it will consists of 5 bedrooms, 1 utility room, 4 bathrooms, and 1 powder room. Units are going at a price ranging from RM493,000 to RM1,231,000.
There are also a set of facilities in TR Residence which can be enjoyed by the tenants. The facilities floor, which will include an infinity pool, overlooks the Kuala Lumpur skyline. Other than that, a landscaped garden and an open amphitheatre are also provided, for residents to just relax out in the fresh air. For the fitness enthusiasts, there will be a gym that will be of convenience in a hectic and expensive city of KL. Also included is a jogging track, and a climbing wall for some variety and extra entertainment. Children will also enjoy living here, as there is a play pool as well as a playground provided. A multi-purpose hall and a barbecue area will also be included in the facilities list, for social gatherings to take place.
Of all its advantages, the crowning glory for TR Residence is its location. Other than the 12 retail units that are part of the tower, tenants have access to plenty of other amenities, some even within walking distance. There is a commercial lot located just outside of the serviced apartment, which includes offices, convenience stores, hotels, and restaurants. There are 3 hospitals within driving distance, namely Damai Service Hospital, Hospital Kuala Lumpur, and Hospital Sentosa. The residence is also close to the heart of the city, and the entertainment district of Bukit Bintang. Shopping malls that can be reached via public transportation include Pavilion, Lot 10 and Fahrenheit 88.
TR Residence will have easy access from the Jalan Tun Razak Federal Route, though traffic can be an absolute pain in this area. However, the problem is instantly rectified with the presence of the Titiwangsa Monorail and Light Rail Transit station, as well as a Titiwangsa Mass Rapid Transit station in the works, located just a stone’s throw away.
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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 (%) |
|---|---|---|---|---|---|
| TR Residence | 0 |
RM500,000
-
RM1,200,000
RM 498 psf - RM 1,035 psf |
RM800 - RM800 | NIL | 2.82 % |
| Plaza Haji Taib | 2016 | From RM800,000 | From RM1,500 | NIL | NIL |
| The Capers | Jan 2015 |
RM563,000
-
RM1,550,000
RM 469 psf - RM 917 psf |
RM1,800 - RM1,800 | NIL | 3.51 % |
| Vue Residences | Dec 2013 |
RM288,000
-
RM810,000
RM 576 psf - RM 940 psf |
RM900 - RM900 | NIL | 4.26 % |
| Regalia @ Jalan Sultan Ismail | 2012 |
RM276,500
-
RM8,500,000
RM 378 psf - RM 77,981 psf |
RM800 - RM800 | NIL | 0.78 % |
| Titiwangsa Sentral | 2011 |
RM60,000
-
RM50,000,011
RM 54 psf - RM 45,454 psf |
RM700 - RM700 | NIL | 0.27 % |
| The Saffron | Mar 2008 |
RM450,000
-
RM1,730,000
RM 456 psf - RM 720 psf |
RM1,050 - RM1,050 | NIL | 1.87 % |
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 17,000,000 psf | RM 4,726 psf |
| 500 - 1,000 SQ. FT | RM 575 psf | - | RM 665 psf |
| 1,000 - 1,500 SQ. FT | RM 452 psf | - | RM 503 psf |
| 1,500 - 2,500 SQ. FT | RM 470 psf | - | - |
| 2,500 - 4,000 SQ. FT | RM 515 psf | - | - |
| 4,000 SQ. FT and above | - | RM 13,800,000 psf | - |
Note:
| Down Payment (10%) | RM 49,300 |
| Loan Amount ( 90 %) | RM 443,700 |
| 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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