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Properties for Rent in Vila Vista

Showing 10 Properties For Rent In Vila Vista

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About Vila Vista


Properties for Rent in Vila Vista

Vila Vista is an upcoming high-end development in Cheras, exclusively designed for families with its larger than the norm layouts. As the third project from a series of successful developments in Cheras, Vila Vista also got an overwhelming response upon its launch. Vila Vista is a beautiful condominium that will consist of only one graceful tower of 39 storeys with an extremely low density of a mere 137 units spanning 1.5 acres. Each and every one of the units are built with space and more space, designed to house large or extended families. With a GDV of RM123 million, Vila Vista was designed to be the tallest condominium to grace the landscapes of Cheras as of 2015, and units at Vila Vista was very quickly sold out within months of its launch, as in spite of its large sizes Vila Vista is rather reasonably priced for its sizes. The ‘entry rate’ to Vila Vista is however quite stringent, as reported in The Star the developers actually interviewed their buyers prior to the signing of the Sales and Purchase Agreement (S&P). If the buyer was purchasing for investment, they would be charged ten times the normal maintenance fee due to the higher cost of maintenance. Aside from discouraging owners to rent their units out and making Vila Vista an un-family friendly condominium, the higher maintenance fee will also ensure that Vila Vista will be well maintained to present a decent facade. It was also hinted that collection of maintenance fees and sinking funds will be strict to ensure sufficient funds for the upkeep of Vila Vista. With seven different design layouts for its units and developed by a renowned property firm with a good track record, Vila Vista has the upper hand in terms of its unique layout for the master bedroom. The master bedroom is connected to both the inside and outside of the residence with the purpose of enabling it to be rented out as a studio unit once the inner entrance is sealed off. It is an interesting notion for those who are interested in renting the room out.

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