Razak City Residences is a development of serviced residences located in Sungai Besi, Kuala Lumpur. The project is an undertaking to redevelop the Razak Mansion public housing, which has been around since 1962, launched by then Prime Minister, Yang Amat Berhormat Tun Abdul Razak.
The development will span across 22 acres of leasehold land, with several blocks which tower at 48 storeys tall. Aside from the 5,748 units of serviced residences, there are also 121 units of shop offices at Razak City Residences. The development is slated for completion in 5 years time.
Razak City Residences will offer 2 layout types, with homes that cater to individuals, married couples, and families. The Type A is sized at 800 sf, which is ideal for working professionals, as well as their spouses. The 2 bedroom and 2 bathroom units are also rather affordably priced, beginning from RM389,000. The Type B2 is a little more spacious, enabling families 1,045 sf of space for comfortable living. Units of this variant have 3 bedrooms and 3 bathrooms, and thus, are just slightly more pricier at rates from RM509,000.
Every unit at Razak City Residences will come with a parking bay, while home buyers will also have the choice of buying the homes semi-furnished. The semi-furnished homes will come (at a cost of about RM30,000) with finishes like kitchen cabinets and hob and hood in the kitchen, wardrobes in the bedrooms, ceiling fans and air-conditioners, water heaters, shower screen, along with other electrical appliances such as a washing machine, fridge, and television.
Razak City Residences also provides basic, though ample facilities to its residents, which include a swimming pool, gymnasium, children’s playground, and 24-hour security with CCTV surveillance. Maintenance fees are also set at a minimum, just RM0.13 psf a month. In addition to the facilities, the shop lots within will also provide a number of conveniences for residents.
Amenities are aplenty within reach of Razak City Residences. Families with school-going will find the development’s proximity to schools, namely, SJK (C) Tai Thung, SK Jalan Sungai Besi 1 and 2, and SJK (C) Confucian highly convenient. On top of that, the AEON Taman Maluri, Sunway Velocity Mall, IKEA Cheras, the Kuala Lumpur city centre, and Mid Valley Megamall are all under 7.5km from away.
Accessibility is the strong point of Razak City Residences, where it is strategically located opposite the site of the future Bandar Malaysia development, where the KL Terminal of the High Speed Rail (HSR) between Malaysia and Singapore will be located, along with a Mass Rapid Transit (MRT) station. Existing rail connectivity is by Light Rail Transit (LRT) and the Keretapi Tanah Melayu (KTM), with the Salak Selatan LRT and KTM station within walking distance of the property. The extensive network of roads and highways in the vicinities also translates to great connectivity, with the residence located just off the Sungai Besi Highway (Besraya), the Kuala Lumpur-Seremban Expressway, and the East-West Link Expressway, while the North-South Expressway (NSE) is also reachable from the property.
Located just across the road from the future Bandar Malaysia site offering serviced residences beginning from just RM389,000 - Razak City Residences is set to bring renewed life and living opportunities to KL. Razak City Residences will be established over the current location of the Razak Mansion public housing. The undertaking will breathe new life to the community, which has been...Continue Reading
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Check out the value of surrounding upcoming properties to make the best buying decision.
| Property Name | Year of Completion | Launch Price | Ad Selling Price |
|---|---|---|---|
| Razak City Residences | 0 | From RM389,000 |
RM252,900
-
RM644,000
RM 300 psf - RM 650 psf |
| Radium Adesa | Sept 2027 | RM393,000 - RM1,205,000 |
RM300,000
-
RM450,800
RM 375 psf - RM 447 psf |
| Vista Adesa | Dec 2027 | From RM300,000 |
RM300,000
-
RM949,000
RM 375 psf - RM 444 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 (%) |
|---|---|---|---|---|---|
| Razak City Residences | 0 |
RM252,900
-
RM644,000
RM 300 psf - RM 650 psf |
RM900 - RM900 | NIL | 5.74 % |
| Danau Lumayan Avenue | Oct 2008 |
RM450,000
-
RM450,000
RM 295 psf - RM 409 psf |
RM1,200 - RM1,200 | NIL | 3.2 % |
| Dataran Dwitasik | Dec 2007 |
RM430,000
-
RM468,000
RM 537 psf - RM 585 psf |
RM1,600 - RM5,000 | NIL | 8.82 % |
| Villa Laman Tasik | 2002 |
RM486,000
-
RM790,000
RM 267 psf - RM 496 psf |
RM1,700 - RM1,700 | NIL | 3.95 % |
| Bayu Tasik 1 | 1999 |
RM325,000
-
RM1,800,000
RM 315 psf - RM 900 psf |
RM1,199 - RM1,199 | NIL | 2.47 % |
| Bayu Tasik 2 | 1998 |
RM340,000
-
RM490,000
RM 355 psf - RM 510 psf |
RM550 - RM550 | NIL | 3.24 % |
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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 404 psf | - | - |
| 1,000 - 1,500 SQ. FT | - | RM 712,000 psf | - |
| 1,500 - 2,500 SQ. FT | - | - | - |
| 2,500 - 4,000 SQ. FT | - | - | - |
| 4,000 SQ. FT and above | - | - | - |
Note:
| Down Payment (10%) | RM 38,900 |
| Loan Amount ( 90 %) | RM 350,100 |
| 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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