Tribeca is a highly anticipated luxury serviced condominium residence located along Jalan Imbi, opposite the Ritz Carlton Hotel Kuala Lumpur in the heart of Kuala Lumpur’s Golden Triangle. Set to be completed in 2017, the project is highly valued by investors for its extremely strategic location.
Towering 36 storeys above the hustle and bustle of the city below, the Tribeca is an escape amidst the concrete jungle with indulgent amenities. Take a dip in any of the two infinity pools or be massaged by the water jets of a jacuzzi within the residence, or take your pick of the five individually-designed sky gardens to lounge at, Tribeca is designed to ensure maximum leisure.
Other facilities include sunbathing decks, a fitness centre, children’s pool and interactive play area. Tribeca also puts your business needs in mind with the availability of meeting rooms equipped with high-speed wireless internet for residents to use. Residents at Tribeca will also be spoilt by the convenience of a hotel-like Concierge service, valet service. Residents can also choose to easily run down themselves to the retail, and food and beverage outlets at the ground floor and level 8 for errands or meals. Security and privacy of residents of Tribeca is also ensured with a 3-tier security system.
The Tribeca residence is within walking distance to many shopping malls along Jalan Bukit Bintang such as the Pavillion and Fahrenheit 88 as well as the many office towers in the area. However, its strategic location is like a double-edged sword. Despite the area being surrounded by amenities, shops and shopping malls, traffic congestion is a problem that homeowners of Tribeca should expect, especially during peak hours. Despite so, the proximity to the Bukit Bintang monorail stop and 2 other stations of the proposed Mass Rapid Transit (MRT) which may be able to lessen traffic woes.
The luxury of convenience and indulgent facilities of the Tribeca condominiums comes at a price, more specifically launching prices that range from a significant RM1,300,000 to a substantial RM3,765,000 for units measuring between 510 sf to 1,293 sf. Hence, the Tribeca mainly appeals to investors, expatriates or those who can afford convenience of location and luxury of amenities at steep prices.
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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 (%) |
|---|---|---|---|---|---|
| Tribeca | 2017 |
RM750,000
-
RM2,400,000
RM 1,232 psf - RM 2,764 psf |
RM2,000 - RM2,000 | NIL | 13.78 % |
| Stonor 3 | 2019 |
RM1,000,000
-
RM2,381,250
RM 733 psf - RM 2,733 psf |
RM3,300 - RM3,300 | NIL | 15.11 % |
| Menara Public Bank 2 | 2017 | NIL | From RM33,000 | NIL | NIL |
| The Horizon Residences | July 2015 |
RM250,000
-
RM2,200,000
RM 384 psf - RM 1,836 psf |
RM1,750 - RM1,750 | NIL | 4.53 % |
| Banyan Tree | 2015 |
RM1,700,000
-
RM7,300,000
RM 1,331 psf - RM 3,325 psf |
RM2,500 - RM2,500 | NIL | 2.25 % |
| Naza Tower | 2014 | NIL | From RM19,550 | NIL | NIL |
| Soho Suites | 2013 |
RM600,000
-
RM1,500,000
RM 885 psf - RM 2,000 psf |
RM2,200 - RM2,200 | NIL | 4.11 % |
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 1,312 psf | - | RM 788 psf |
| 500 - 1,000 SQ. FT | RM 864 psf | - | RM 1,152 psf |
| 1,000 - 1,500 SQ. FT | RM 826 psf | - | RM 834 psf |
| 1,500 - 2,500 SQ. FT | RM 934 psf | - | RM 578 psf |
| 2,500 - 4,000 SQ. FT | RM 998 psf | - | - |
| 4,000 SQ. FT and above | RM 1,217 psf | - | - |
Note:
| Down Payment (10%) | RM 130,000 |
| Loan Amount ( 90 %) | RM 1,170,000 |
| 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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