Experience the opportunity for accessible homeownership with Danau Lumayan Residensi Wilayah at Jalan Sri Permaisuri 1, located in the mature and well-connected township of Bandar Tun Razak, Cheras. This development is a key part of the Residensi Wilayah (formerly RUMAWIP) government initiative, designed to provide affordable, quality housing for first-time homebuyers in Kuala Lumpur. Developed by Danau Lumayan Sdn Bhd, this first phase is set to provide 922 apartment units within a 43-storey tower. As a Residensi Wilayah project, it offers properties with prices capped at RM300,000, typically featuring a practical layout of 3 bedrooms and 2 bathrooms, making it an ideal choice for individuals and families seeking to enter the property market. The development was slated for completion in 2024. One source indicates the tenure is Freehold, however interested parties should seek confirmation. Residents of Danau Lumayan Residensi Wilayah will have access to a range of essential and recreational facilities designed for a balanced lifestyle. These include: 24-hour security Swimming pool Gymnasium Playground Recreational space Situated in the vibrant neighbourhood of Bandar Sri Permaisuri, the development boasts excellent connectivity and is surrounded by a host of public amenities. The area is well-serviced by public transport, providing convenient travel options across the city. Key transport hubs nearby include: Located approximately 750 metres away. Offers commuter rail access. The property offers easy access to several major highways, ensuring seamless travel to other parts of Kuala Lumpur and beyond. Kuala Lumpur-Seremban ExpresswaySALAK Highway (Sungai Besi Expressway)MEX HighwayJalan Lingkaran Tengah 2 (MRR2) A number of schools are located within a 2km radius, including SMK Seri Tasik (1.0km) and SMK Seri Permaisuri (1.4km). The renowned Hospital Canselor Tuanku Muhriz UKM (HCTM) is approximately 2.1km from the residence. The popular Taman Tasik Permaisuri recreational park is just 1.7km away, offering residents a green space for leisure and outdoor activities. The mature township provides numerous shops, restaurants, and convenience stores. Major shopping centres like Sunway Velocity are also just a short drive away. Danau Lumayan Sdn Bhd is a developer with a significant footprint in the Bandar Tun Razak area since 2000, having delivered thousands of residential and commercial units. Their portfolio includes other local projects such as Suasana Lumayan and Vista Amani Condominium.