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Property Review Video Contributed by iherng
GenKL is the new high rise that is crowding into the already congested landscapes of Kuchai Lama, plunked in the midst of landed properties. It is a residential area that is easily accessible via Jalan Kuchai Lama, situated on elevated land. If nothing else, GenKL enjoys an environment of quiet serenity. GenKL is the product of CapitaLand and the Juta Asia Group of Companies.
GenKL was designed to be a family-oriented development from the get go with its spaciousness and quiet environment. Depicted to be a home that is dedicated to family lifestyle activities, this outstanding high rise will be beautifully landscaped within its grounds to feature nature in all its glory.
GenKL is also a development that is catered to long time residents of the area who wish to upgrade their homes. With many of the buyers expected to be Chinese, the feng shui of GenKL was also taken into consideration. Situated at the top of the hill, GenKL is said to tap into the positive Qi flow of the environment to ‘grow and protect the wealth and financial opportunities of residents’ who live in GenKL.
The density of living at GenKL will be on the very low side with a total of only 332 units housed within the single tower of elegance which will stand at 30 storeys tall overlooking the city’s landscapes. Buyers of GenKL will have the benefit of choosing to stay within a high rise or one of the seven exclusive villas. There will be a total of six different layouts for the high rise ranging between 1,150 sf with 3 bedrooms and 2 bathrooms, up to 1,894 sf with 4+1 bedrooms and 4 bathrooms. There will be only one layout for the villa, which all of them will be sized at a whopping 3,184 sf with 4+1 bedrooms and 6 bathrooms.
One of GenKL’s major selling points is its central location with convenient access to highways. Within minutes of home is the SMART Tunnel, Federal Highway, New Klang Valley Expressway (NKVE), New Pantai Expressway (NPE), Damansara-Puchong Highway (LDP), Salak South Highway, Maju Expressway (MEX) and North-South Highway. Getting to the Kuala Lumpur city centre will take only 20 minutes in clear traffic.
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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 |
---|---|---|---|
GenKL | Dec 2019 | RM850,000 - RM3,500,000 |
RM559,000
-
RM980,000
RM 408 psf - RM 4,567 psf |
Kenshō Residence | 2026 | From RM563,000 |
RM490,000
-
RM900,000
RM 441 psf - RM 900 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 (%) |
---|---|---|---|---|---|
GenKL | Dec 2019 |
RM559,000
-
RM980,000
RM 408 psf - RM 4,567 psf |
RM800 - RM800 | NIL | 1.4 % |
Arte KL | July 2014 |
RM437,000
-
RM1,218,240
RM 48 psf - RM 686 psf |
RM700 - RM700 | NIL | 2.69 % |
KL Palace Court | 2014 |
RM380,000
-
RM1,000,000
RM 47 psf - RM 549 psf |
RM650 - RM650 | NIL | 3.25 % |
The Scott Soho | 2013 |
RM316,000
-
RM850,000
RM 413 psf - RM 638 psf |
RM1,500 - RM1,500 | NIL | 3.57 % |
The Scott Garden | 2011 |
RM283,000
-
RM805,000
RM 278 psf - RM 907 psf |
RM1,100 - RM1,100 | NIL | 5.4 % |
Commerce One | Mar 2010 | RM368,000 - RM1,018,000 | RM1,500 - RM5,350 | NIL | 5.93 % |
Menara K1 | 2010 | RM360,000 - RM1,250,000 | RM1,750 - RM5,800 | NIL | 5.63 % |
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 217 psf |
500 - 1,000 SQ. FT | RM 626 psf | - | RM 289 psf |
1,000 - 1,500 SQ. FT | RM 454 psf | RM 607,500 psf | - |
1,500 - 2,500 SQ. FT | RM 387 psf | RM 1,175,000 psf | - |
2,500 - 4,000 SQ. FT | RM 309 psf | - | - |
4,000 SQ. FT and above | RM 184 psf | RM 2,600,000 psf | - |
Note:
Down Payment (10%) | RM 85,000 |
Loan Amount ( 90 %) | RM 765,000 |
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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