Mutiara Residency, Brickfields, RM 970,000

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Description

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Residency Mutiara, Brickfields

Residency Mutiara (also known as Residensi Mutiara) is a freehold condominium sited in Brickfields, right in between Mid Valley City, KL Sentral and Bangsar.

Residency Mutiara comprises of a single 23-storey block with a total of 110 units with 7 units per floor. It features unique “Suite Within Apartment” concept whereby its master bedroom (the suite) has its private access door enabling owners to divide the apartment into 2 separate units.

Residency Mutiara is served with 2 lifts and 1 service lift. Its car park bays are located at the first 5 levels and a basement level. Each unit comes with 2 car park bays. Recreational facilities are located at the roof top which comprises an infinity swimming pool, gymnasium, playground and BBQ area.

Residency Mutiara is well located right next to Bank Rakyat Twin Tower, the new Bank Rakyat headquarters when completed this year. Besides that, it is just a stone throw away from the integrated KL Sentral development. Plus, it is also mere minutes of walking to Bangsar Utama commercial centre and Little India. In a nutshell, it is centrally located within established central business districts.
Property Details

Name: Residency Mutiara (also known as Residensi Mutiara)
Address: Jalan Ang Seng, Off Jalan Thamby Abdullah, Brickfields, Kuala Lumpur
Developer: Segarama (a subsidiary of Mutiara Johan Group)
Completion Date: January 2011
Type: Condominium
Tenure: Freehold
No. of Blocks: 1
No. of Storey: 23
No. of Units: 110
No. of Bedrooms: 3+1 & 4+1
No. of Bathrooms: 3 & 4
Built-up: 1,068 – 1,727 sf
Maintenance Fee: RM0.20 psf
Launch Price: RM475,000 – RM894,000 (RM445 psf)
Subsale Price: RM550 psf
Rental: RM2.40 psf

Facilities

Roof top infinity swimming pool
Gymnasium
Multi-purpose hall
Children playground
BBQ area
24-hour security
3-tier security system
Integrated intercom system
CCTV surveillance
Access card system
Broadband internet ready
Covered car park
Contemporary architecture

Layouts

Type A: 4+1 bedrooms, 4 bathrooms (1,727 sf)
Type B & B1: 4+1 bedrooms, 4 bathrooms (1,428 sf)
Type C: 4+1 bedrooms, 4 bathrooms (1,468 sf)
Type D: 4+1 bedrooms, 4 bathrooms (1,588sf)
Type E: 4+1 bedrooms, 4 bathrooms (1,648 sf)
Type F: 3+1 bedrooms, 3 bathrooms (1,068 sf)

Analysis

Residency Mutiara is well designed to suit rental market for young and single executives in the area – hence maximizing owners’ rental income. The developer has cramped the living, dining and even the kitchen areas to fit in the 4+1 bedrooms, as well as 4 bathrooms. Adding to that, with its studio feature for the master bedroom, the owners will have 2 tenants at one time.

However, Residency Mutiara is surrounded by cheaper apartments and condominiums. Hence, potential tenants are spoilt by choice. The condo location is also close to high tension cables and LRT line (and you can hear the noise every time it passes).

Property Details

• QuikPro No:UP979534
• Property Type:Condominium
• Tenure:Freehold 
• Title Type:Strata
• Built-Up:1,648 sq. ft.
• Asking PriceRM 970,000
• Asking Price psf :RM 588.59
• Bedrooms:4+1
• Bathrooms:4
• Unit type:Intermediate
• Occupancy:Vacant
• Furnishing:Unfurnished
• Facing Direction:East
• Posted Date:02/11/2012
• Facilities:Barbecue Area, Covered Parking, Gymnasium, Jacuzzi, Playground, Sauna, Swimming Pool, Wading Pool, 24hr Security

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