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Reizz Residence is another luxury residence in the making within the heart of the city on Jalan Ampang. It is the product of the VST Group of Companies and BSG Propery who have a solid track record of past developments under their belts. Reizz Residence is to be another successful development to add to their record.
Situated on Jalan Ampang, Reizz Residence is going to be neighbour to some of the most prestigious developments of the area including the much anticipated Arte +. Due to its excellent location, residents of Reizz Residence will be able to get to the Kuala Lumpur city centre in under 10 minutes. The Intermark and Suria KLCC is less than 10 minutes away, while getting to the Embassy Row will take under 15 minutes.
Within this area, Reizz Residence will also be located to the best of public and private amenities. The Ampang Puteri Specialist Hospital and Gleneagles Hospital of Kuala Lumpur are a stone’s throw from home, and the shopping area of Ampang Point and Little Korea are also minutes from home. Accessibility to Reizz Residence from various highways is unrivalled with the Middle Ring Road 2 (MRR2) close to home. The Ampang-Kuala Lumpur Elevated Highway (AKLEH) is also nearby, while the entrance to the SMART tunnel is minutes away.
Reizz Residence touts a moderate density of 495 units housed within a single high rise tower of 52 stories. Buyers of Reizz Residence will be able to choose between various layouts that are sized between 762 sf and 1,085 sf. Priced from RM704,850, there will be a minimum of one parking lot allocated to each unit.
An elegant array of facilities are in place for use of residents with an estimated maintenance fee of RM0.35 psf. Catering to all ages, there will be a kid’s playscape and kid’s pool, while for the adults there will be an adult’s pool and gymnasium. Also dedicated to the relaxation of residents is a Jacuzzi, sauna and a garden. To be completed in the first quarter of 2019, Reizz Residence received a warm response from the market for its excellently central location.
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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 (%) |
---|---|---|---|---|---|
Reizz Residence | Sept 2020 |
RM200,000
-
RM1,500,000
RM 235 psf - RM 1,064 psf |
RM1,800 - RM1,800 | NIL | 3.4 % |
3 Towers | 2018 |
RM320,000
-
RM1,500,000
RM 1 psf - RM 1,157 psf |
RM1,200 - RM1,200 | NIL | 3.57 % |
M City | Mar 2016 |
RM252,000
-
RM8,800,000
RM 392 psf - RM 8,453 psf |
RM1,400 - RM1,400 | NIL | 1.13 % |
Rimbun | Dec 2015 |
RM225,000
-
RM25,000,000
RM 497 psf - RM 1,830 psf |
RM14,000 - RM14,000 | NIL | 1.37 % |
The Elements | Dec 2013 |
RM288,000
-
RM1,500,000
RM 399 psf - RM 1,093 psf |
RM1,199 - RM1,199 | NIL | 4.19 % |
Katana II | 2010 |
RM3,510,000
-
RM3,510,000
RM 991 psf - RM 991 psf |
RM9,000 - RM22,000 | NIL | 4.95 % |
Ampang Boulevard | 2008 |
RM288,000
-
RM950,000
RM 264 psf - RM 766 psf |
RM1,600 - RM1,600 | NIL | 3.72 % |
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 | - | - | - |
500 - 1,000 SQ. FT | RM 554 psf | - | - |
1,000 - 1,500 SQ. FT | RM 387 psf | - | - |
1,500 - 2,500 SQ. FT | RM 563 psf | RM 1,232,500 psf | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | - | RM 4,775,000 psf | - |
Note:
Down Payment (10%) | RM 52,700 |
Loan Amount ( 90 %) | RM 474,300 |
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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