Offering a variety of modern condominiums in Kepong Baru, Kuala Lumpur is First Residence, a leasehold project by TSI Domain. Comprised of 4 blocks, arranged side by side, the condominium is high density with ample choices for a diverse group of discerning buyers. It is situated along Jalan Kepong Baru neighbouring Greenview Apartments, Vista Mutiara and Plaza Metro Prima.
Choices & Price Tags
TSI Domain completed First Residence in March 2012 adding it to its growing portfolio which already include Bukit Permai Mas, Queen’s Avenue and D’Alamanda. Estimate GDV for said residence is RM166 million featuring a mix collection of 2 level shops and a total of 474 condo units. There are 29 units of shop lots sprawled beneath the condominiums available in built-up sizes ranging from 930 to 1,450 sq.ft.
At the time of launch, price was set from RM233,000 to RM384,000 for First Residence units while subsale ranges from RM345,000 to RM988,000. That puts the condominium’s price at about RM250 psf, an attractive and competitive in relation to its location. But don’t just take our word on it. Double check the property’s fair market value using our free price valuation guide.
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Ready Conveniences at Your Doorstep
With 20 condo units on designated floors, exclusivity is not a priority for First Residence. Instead, the development emphasized on giving you the most conveniences through its comprehensive collection of facilities. Levels 4 and 5 were reserved to house all of its 32 facilities which cater to both adults and children’s needs.
Keeping the young residents happy and pleased are features such as a children’s playground, indoor play area, toddler’s cycling, maze garden, pool with water slide and putting green amongst others. Adults who also want to have fun can do so at Fist Residence’s infinity swimming pool, interactive play fountain, billiard room, home theatre, outdoor chess board and karaoke room.
More Lifestyle Facilities to Enjoy
Aside from fun and entertainment, the condominium also has facilities designed for fitness, learning, leisure and greater convenience. Among these other facilities at your beck and call are:
> yoga/aerobic room
> indoor suspended gymnasium
> reading/tutorial room
> Internet and WIFI access
> library/computer room
> seating pavilion
> sky garden
> landscaped garden
> alfresco BBQ dining area
> ice cream kiosk
In addition to the very enticing features above is covered parking per unit. Security is another priority through First Residence’s 24-hour security service complete with CCTV surveillance, intercome and smart card access.
Surrounded with Amenities
With shop lots alongside the condo unit, residents practically has doorstep access to amenities. More shopping is also within reach with popular centres such as Jusco, Giant, Tesco, Carrefour and Brem Mall sitting close by. Some are 1-km away while other centres are 5-km from the property. Either way, the shopping malls are reachable in a short, breezy drive.
In terms of schools, the closest to First Residence are SK Taman Kepong, SMK Kepong Baru and SMK Jinjang, all three options are within a 2-km radius.
First phase of First Residence was launched in June 2009. The price back then was set at around RM250 psf which some considered hefty while others deem reasonable for its facilities. Because the setting is high density, some investors remain wary despite the promise of convenience. It is also noticeable the condominium doesn’t have sports features overlooking sporty residents’ needs.
Location-wise, the development is not completely enticing as it is. Though there are nearby KTM stations, it’s not right next to a transport hub which justifies some investors’ claims about the steep price tag. But in the end, it will depend on your preference. Whether First Residence is a good investment or not is up to your and its fair market value which you can check using our free ebook guide below.