Picasso Residence is an upcoming exclusive high rise development located next to Suria Jelatek condominium, off Jalan Ampang in Kuala Lumpur. This project is leaving interested prospectors on tenterhooks, with hardly any news in the market, no floor plans and no announcement on its pricing.
While rumours are afloat in the market of its launch price being at least RM750 psf, raising the bar in its value is that Picasso Residence is depicted to be one of the most artistic accomplishments in the city of Kuala Lumpur, offering prospective residents infinite city views of the Kuala Lumpur city centre skyline and the Petronas Twin Towers.
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 |
|---|---|---|---|
| Picasso Residence | Dec 2019 | NIL |
RM 1,080,000
-
RM 1,300,000
RM 1,066 psf - RM 1,283 psf |
| Chymes @ Gurney | Sep 2016 | RM 388,800 - RM 3,424,800 |
RM 322,800
-
RM 868,000
RM 538 psf - RM 914 psf |
| Damai Residence | Dec 2017 | RM 1,900,000 - RM 4,350,000 |
RM 730,000
-
RM 730,000
RM 321 psf - RM 321 psf |
| D'Rapport Residences | Jun 2018 | RM 2,049,000 - RM 12,017,000 |
RM 340,000
-
RM 1,750,000
RM 680 psf - RM 1,084 psf |
| NOVO Ampang | Dec 2018 | RM 1,012,800 - RM 2,376,000 |
RM 595,000
-
RM 1,131,900
RM 858 psf - RM 1,650 psf |
| The Haute | Nov 2019 | RM 646,000 - RM 1,488,000 |
RM 500,000
-
RM 646,000
RM 478 psf - RM 644 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 (%) |
|---|---|---|---|---|---|
| Picasso Residence | Dec 2019 |
RM 1,080,000
-
RM 1,300,000
RM 1,066 psf - RM 1,283 psf |
NIL | NIL | NIL |
| Datum Jelatek | 2019 |
RM 560,000
-
RM 1,920,000
RM 400 psf - RM 1,204 psf |
NIL | NIL | NIL |
| Rimbun | Dec 2015 |
RM 4,450,560
-
RM 7,000,000
RM 1,220 psf - RM 1,586 psf |
RM 12,000 - RM 12,000 | NIL | 2.55 % |
| 18 Madge | Dec 2015 |
RM 2,690,584
-
RM 2,736,000
RM 1,204 psf - RM 1,224 psf |
NIL | NIL | NIL |
| Damai 88 | 2015 |
RM 1,290,000
-
RM 1,300,000
RM 1,477 psf - RM 1,500 psf |
RM 3,500 - RM 3,500 | NIL | 4.51 % |
| Nobleton Crest | Dec 2013 |
RM 3,270,000
-
RM 7,100,000
RM 917 psf - RM 1,075 psf |
RM 14,000 - RM 14,000 | NIL | 3.37 % |
| M Suites | Nov 2013 |
RM 340,000
-
RM 1,699,000
RM 575 psf - RM 1,494 psf |
RM 1,500 - RM 1,500 | NIL | 6.56 % |
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 821 psf | RM 792 psf | RM 630 psf |
| 500 - 1,000 sq ft | RM 620 psf | - | RM 532 psf |
| 1,000 - 1,500 sq ft | RM 516 psf | - | - |
| 1,500 - 2,500 sq ft | RM 717 psf | RM 575 psf | - |
| 2,500 - 4,000 sq ft | RM 585 psf | RM 269 psf | - |
| 4,000 sq ft and above | - | RM 423 psf | - |
Note:
| 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 |
| Apply with Hong Leong Bank now | |
Disclaimer
The information shown is indicative and for illustration only. HLB 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 HLB reserves the right to approve or reject such applications without assigning any reason therefore.
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