The Azure Residences is a new high rise property development in Kelana Jaya. This highly iconic tower is part of an integrated development which incorporates Paradigm Mall, The Azure Residences and the development of an upcoming office tower.
The Azure Residences a refreshing concept as it incorporates a modern lifestyle with dedicated recreational spaces. Residents will literally be a stroll away from Paradigm Mall with its many shopping pleasures via the dedicated pedestrian bridge which will span the distance from the serviced apartment to the mall.
Residents of The Azure Residences will be able to shop for groceries at the Tesco hypermarket in Paradigm Mall, or if the selection of gym facilities within The Azure Residences are not to their tastes, there is a Fitness First outlet at the mall. Pubs and popular F&B outlets such as Chili’s and Italiannies are also a stroll from home as is Golden Screen Cinema (GSC).
This luxury development is situated along Petaling Jaya’s main arterial highway of Lebuhraya Damansara Puchong (LDP). The Azure Residences can be easily accessed via the LDP highway with connectivity to the New Klang Valley Expressway (NKVE). Subang, Ara Damansara and Taman Tun Dr Ismail are only between 10 and 15 minutes away by car.
Commuting via public transportation is also convenient from The Azure Residences as many buses pass by the area on the main road where there is a bus stop, and taxis also frequent this area especially with the mall nearby. The Kelana Jaya LRT Station while not within walking distance is only a 5-minute car ride away.
An added boon of being directly connected to Paradigm Mall is that the Kuala Lumpur International Airport 2 (KLIA2) shuttle busses have a route from the shopping mall which runs from the wee hours of the morning to late hours of the night making this a major plus point for frequent travellers.
The homes at The Azure Residences were bought mainly by property speculators for the anticipated rental yield that The Azure Residences will bring. Its prices were reasonable for its location and its sizes, and with every unit coming with a minimum of two parking lots, the project was a hot sell in the market.
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|
|The Azure Residences||Aug 2017||RM 808,920 - RM 1,973,080||NIL|
|Infinity Tower||2016||From RM 290,700||
RM 548 psf - RM 548 psf
|Pinnacle||2016||From RM 452,520||NIL|
|Kelana Damansara Suite||Jun 2016||RM 214,200 - RM 3,000,000||
RM 722 psf - RM 884 psf
|HighPark Suites||2019||From RM 433,800||
RM 947 psf - RM 1,062 psf
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 (%)|
|The Azure Residences||Aug 2017||NIL||NIL||NIL||NIL|
|Zenith Residences||Aug 2013||
RM 505 psf - RM 868 psf
|RM 1,500 - RM 1,500||RM 596,167 (RM 599 psf)||3.53 %|
|PJ5 SOHO||Jul 2012||
RM 687 psf - RM 739 psf
|RM 1,200 - RM 1,200||NIL||3.95 %|
|Taragon Kelana||2011||RM 550,000 - RM 1,400,000||RM 1,480 - RM 5,000||NIL||3.99 %|
|Zenith Corporate Park||Dec 2010||RM 438,000 - RM 1,180,000||RM 2,200 - RM 2,200||RM 688,000 (RM 459 psf)||3.26 %|
|Parklane Commercial Hub||2010||
RM 415 psf - RM 421 psf
|RM 5,500 - RM 18,000||RM 569,333 (RM 394 psf)||35.47 %|
RM 509 psf - RM 589 psf
|RM 2,100 - RM 2,100||RM 779,276 (RM 488 psf)||3.68 %|
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
|0 - 500 sq ft||-||RM 3 psf||RM 403 psf|
|500 - 1,000 sq ft||RM 457 psf||RM 619 psf||RM 344 psf|
|1,000 - 1,500 sq ft||RM 440 psf||RM 326 psf||RM 360 psf|
|1,500 - 2,500 sq ft||RM 387 psf||RM 278 psf||RM 436 psf|
|2,500 - 4,000 sq ft||RM 244 psf||RM 138 psf||-|
|4,000 sq ft and above||-||RM 139 psf||RM 445 psf|
|Down Payment (10%)||RM 80,892|
|Loan Amount ( 90 %)||RM 728,028|
|Tenure Years||35 Years|
|Interest Amount||RM 728,028|
|Others (Estimation)||RM 10,000|
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