Sandwiched by Ritchie’s Pavilion and Villa Aman condominiums is 325 Persiaran Ritchie, a low-rise tropical resort-themed residential property on – you guessed it – Persiaran Ritchie. The Ritchie “mini enclave” is also home to Ampang 971 as well as the Lot 16 condominium. Not very imaginatively named, I know. 🙂
The Jalan Ampang area is a mixed neighborhood of foreign embassies and residential properties. Its roads are lined with lush greens and the area is relatively quiet, considering that it is only a few kilometers away from the city. It is also known as the Embassy Row, and this lends a certain amount of prestige to the properties lining up this area. Prices of these properties are mostly upmarket, but still relatively lower than those found in the KLCC enclave.
The Ampang Hilir enclave is well-connected in terms of public transportation, so traveling will not be a problem unless you consider traffic congestion a problem, that is. Traffic congestion, however, is something that city dwellers need to get used to. 🙂 This condominium is also about 1.6km from the Jelatek LRT station – possibly 15 minutes walk under the hot sun if you take your time.
The condominium units at 325 Persiaran Ritchie have built-up sizes from 3,976 to 6,076 sqf. Huge! Majority of the units, which typically have 5+1 bedrooms, are tenanted by expatriates who work in the foreign embassies or other firms in Kuala Lumpur. There is only a single block of three storeys, which houses a total of only 15 units.
Residents of this gated and guarded community are provided with standard facilities such as children’s play area, jogging track, jacuzzi, covered carpark, garden, gym and sauna.
325 Persiaran Ritchie is freehold.
Price-wise, 325 Persiaran Ritchie is comparable to other properties such as Ampang 971, which rents out from RM2.00 to RM3.50 psf and 202 Desa Cahaya, which has rental rates starting from RM2.00. On the average, units are leased from RM2.00 to RM3.00 psf, which translates to about RM12,000 to RM15,000 monthly rental given its above average sizes. If we compare it, though, with another resort-type condominium property, 183 Ampang, 325 Persiaran Ritchie is cheaper, as the former rents out from RM3.20 to RM5.20 psf.
The price difference between 183 Ampang and 325 Persiaran Ritchie could be that the latter is said to be lacking the exclusivity (being located next to a military barracks) that the former offers its residents. If you are not bothered by this, and think that more space ranks higher in priority, then 325 Persiaran Ritchie might be a good choice for you.
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We also like the low density factor, and its obvious appeal to expatriates with growing families given the (lack of) choices of unit sizes. The rental market would be rather niche-y because of this. Also, given that there’s only 15 units in this development the available units for sale will be quite limited (in fact there’s none available during the publication of this review). If you happen to stumble across a unit for sale, and you’re wondering what’s the “fair market value” for it, then use this handy property valuation guide which you can download for free below –