Nestled in the 4,000-acre developing Kota Damansara township is Casa Residenza, a recently completed residential targeted primarily at college students. Given its market, practically meets convenience is what the development is offeing. It’s situated right along Persiaran Surian where the vicinity is brimming with schools, amenities and public transport options.
Affordable Choices with GRR
Comprised of a sky high tower with 34 levels, the leasehold serviced apartment is considered the tallest building within the inner part of the township. There are 357 units available with cozy and comfortable built-ups from 877 to 966 sq.ft. Units typically come with 3 bedrooms and 2 bathrooms, an ideal layout for 2 to 3 students looking for a second home away from home.
Launch price was set reasonably starting from RM380,000 onwards. To confirm if that’s fair according to its market value, use our free price valuation right here.
Investors also have the option to enter a GRR agreement with Andaman Property, developer and manager behind said residential whose known for new projects like Taipan City @ Ipoh, The Academia and Evo Soho. GRR stands for Guaranteed Rental Return which essentially means a promise of 8% yield within a short period of time. It’s a bold promise but clearly effective given the fact that all units sold out two weeks within its 2010 launch.
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Satisfying the Essentials
Beyond the GRR, Casa Residenza is equipped with essential facilities that adds to its appeal. Each unit comes with car parking and the entire perimeter is secured with 24-hour security in conjunction with CCTV surveillance and card access. Also installed are lifestyle and practical amenities for students including:
> WIFI hotspot
> community hall
> swimming pool
> wading pool
Casa Residenza welcomes its tenants with a promise of a well-balanced lifestyle. It’s not all study and hardwork but fun and leisure is also part of the picture.
A wealth of surrounding amenities brings convenience to the next level. A short walk from the development are primary to tertiary schools which include SK Seksyen Enam, Sri KDU and Segi University College to name a few. Also close by is a myriad of fastfood chains and drive thru joints catering to the residents’ busy lifestyle.
Shop and have fun on weekends by heading to popular shopping complexes including IKEA, The Curve and One Utama. In these destinations are numerous choices for dining, entertainment and recreation. Most of these landmarks are also a short drive away from home. Medically, Casa Residenza sits in close proximity to Tropicana Medical Centre.
As part of a steadily growing township, Casa Residenza is well connected to the rest of Klang Valley via NKVE. Easy access to the site is further made convenience by more major highways including LDP, SPRINT and Jalan Sungai Buloh. Public transport is also available with buses and taxi serving the area on top of MRT stations.
What We Think
Neighbouring to other residential projects including I Residence and The Strand, Casa Residenza was completed in December 2012. Within 2 weeks of its launched, all 357 units of serviced apartment were sold out. It’s huge success is attributed to the developer’s GRR scheme. Investors were more than willing to shell out their hard-earned money knowing they’ll get the pay off within a short time.
Strategic location is another major selling point for Casa Residenza. Because it is designed for students, it is expected for the vicinity to be rich with shops, restaurants and a host of other practical amenities. In other words, convenience is within reach all the time. Add to that the reasonable price of RM380,000 onwards coupled with Kota Damansara’s potential for high appeciation.
If you’re interested and would like to know more about Casa Reisdenza, you can start by grabbing our free ebook guide below.