Pantai Hillpark is located near the residential enclaves of Bangsar South and Bukit Pantai. This hilltop residence is considered as one of the great successes of property development in the Klang Valley.
Continue Reading ⋅ 19 February 2022
Picasso Residence is another modern marvel in development (Source http://picassoresidence.com.my/?menu=gallery)
Picasso Residence is entering the property market with an enticing proposition that one can’t refuse. Reasonably priced in an esteemed neighbourhood, the residence offers a futuristic ambiance along with an eco-friendly environment. It can be both appealing to property investors and even home seekers in owning an architectural defining development along Jalan Jelatek.
Project Description- Picasso Residence, Jalan Jelatek
Address: Off Jalan Jelatek, 55000, Kuala Lumpur
Property Type: Condominium
Land Title: Residential with Strata Title
Tenure: Leasehold
Land Area: 3.7 acres
No. of Towers: 2
No. of Storeys: 38 storeys
No. of Units: 472 units
Built Ups: 1, 013 sq.ft. – 2, 480 sq.ft.
Unit Types:
Type A 2+1 Bedrooms 1, 013 sq.ft.
Type B 3+1 Bedrooms 1, 375 sq.ft.
Type C 3+1 bedrooms 1, 668 sq.ft.
Type D Dual key Unit (3+1 Bedrooms and Studio Bedroom) 2, 407 sq.ft.
Type D1 Dual key Unit (3+1 Bedrooms and Studio Bedroom) 2, 480 sq.ft.
Facilities:
3-Tier Security
Sky Level
- Sky Park/Sky Garden
- Sky Pavilion
Ground Floor
- Double Volume Drop-off Lobby
- Grand Foyer With Spacious Waiting Lounge
- Private Lift Lobby To Each Unit
Podium Level
- 50m Olympic Length Swimming Pool
- Bubble Pool
- Jacuzzi
- Water Features/Reflective Pool
- Floating Cabanas
- Kid’s Pool
- Pool Deck
- Jogging Track/Walkway
- Yoga Corner
- BBQ Terrace
- Children’s Playground
- Glass Encased Gymnasium Overlooking Pool
- Sunken Lounge
- Nursery
- Celebrity Kitchen
- Games Room
- Changing Room
- Sauna
- Reading Room
- Management Office
- Multipurpose Hall
- Launderette
- Parcourse
Selling Price Range: RM1,088,200 onwards
Maintenance Fees: RM 0.40 psf.
Expected TOP: 2019
Sales Office: C-6-01, Capital 3, Oasis Square, No. 2, Jalan PJU 1A/7A, Ara Damansara,
47301 Petaling Jaya, Selangor. Call 03- 7859 0877
Project Details
Picasso Residence, a sheer inspiration of famed art maestro, Pablo Picasso, is among the most anticipated developments around Ampang. Potentially a standalone high-rise building on this plot of land, the residence hopes to change the skylines of Jalan Jelatek.
Amazing architectural designs on display at Picasso Residence (Source http://picassoresidence.com.my/?menu=gallery)
Its architectural design aims to give complexity with a glimmer of ingenuity. Futuristic deployment in its towers seems to be driving force in breaking the bland structures of its surrounding neighbours.
The progress
Construction in progress
Coming together
The closest neighbours consist of landed properties around Datuk Keramat that have been around for decades along with a few low-rise buildings. This structure of Picasso Residence would definitely stands out as the highest and loudest due to its immense stature.
The Pool Deck’s view (Source http://picassoresidence.com.my/?menu=gallery)
While highlighting the futuristic appeal of a modern marvel, Picasso Residence isn’t forgetting the need of nature and bringing balance to the environment. The development will be covered with 30 to 35% of greens. Something that the development tries to encapsulates given a large land of greens standing tall behind the proposed location.
Besides that, there will be 60% of water features around the vicinity that aims to stimulate calmness and tranquillity.
The 11-feet high ceiling is something to look out for (Source http://picassoresidence.com.my/?menu=gallery)
The amazing structural design continues with a ground breaking 11- feet high ceiling that will be welcoming the residents and guests at its double volume lobby area.
Its facilities are simply stunning and illuminates the thought that was carefully planned into the structure. Right up high at the Sky Level, residents will be captivated by Kuala Lumpur’s majestic skylines. The residence is fortunate not to be surrounded by other high-rise developments within close proximity as there will not be any obstructions to the view. The Sky Park, Sky Garden and the Sky Pavilion are the facilities that will be providing such spectacular views.
The Olympic sized pool (Source http://picassoresidence.com.my/?menu=gallery)
The podium level that merges both towers together will provide great accommodations and facilities for residents to balance work with a healthy lifestyle. The heart of the podium would definitely be the 50m Olympic sized pool. There would also a bubble pool, a Jacuzzi, kid’s pool and a pool deck for fun and relaxation purposes.
State of the art gym (Source http://picassoresidence.com.my/?menu=gallery)
The gym on the other hand, offers state-of-the-art facilities and equipments. Its design itself would definitely give an extra push to both fitness enthusiasts and fitness procrastinators to spend time at the gym. It would be a glass encased gym overlooking the Olympic sized pool. There will also be a jogging and walkway tracks along with a Yoga Deck for the other less hard-core health enthusiasts.
Raving about facilities is merely the beginning. The units here are very much accommodative and appealing to various layer of residents. This include single folks, young couple and a family. It ranges from 1, 013 sq.ft. to 2, 480 sq.ft. These units come in various layouts and number of rooms.
Type A sized at 1, 013 sq.ft., is the smallest unit with 2+1 bedrooms. There would tentatively be 130 units of this layout. With two rooms and a utility room, it can be spacious for those traveling alone or even with a small family. Residents of Type A will be given one allocation for parking.
Type B and C are relatively similar in space and layout as Type B is sized at 1, 375 sq.ft. and Type C is at 1, 668 sq.ft.. Both layouts come with 3+1 bedrooms. Each units will be receiving two car parks.
The ultimate units here would be Type D and Type D1 as both are dual key unit. Sized at 2, 407 sq.ft. and 2, 080 sq.ft. respectively, both layouts have 3+1 bedrooms along with a studio bedroom that is equipped with a kitchen and a bath. Such features can be used as a guest area, extra space for family members and even an investment by renting the studio bedroom out or verse versa. Both layouts will have their own private lift lobby along with three car parks.
All units come as semi-furnished. Each unit has air conditioners in all rooms and halls, kitchen cabinets including hob and hood along with a kitchen island, built in oven, microwave, washing machine and dryer. There is even a Smart Home System with alarm system and panic button for each units.
Type A (Source http://picassoresidence.com.my/?menu=floor)
Type B (Source http://picassoresidence.com.my/?menu=floor)
Type C (Source http://picassoresidence.com.my/?menu=floor)
Dual Key Unit, Type D (Source http://picassoresidence.com.my/?menu=floor)
Dual key Unit, Type D1 (Source http://picassoresidence.com.my/?menu=floor)
Location
The journey to Picasso Residence starts at Jalan Tun Razak, passing by Intermark
Upon entering Jalan Ampang
Most main roads are interconnected around this area
A sight along Jalan Ampang. Construction works are aggressively being carried out here
Upon reaching the junction to Jalan Jelatek
The entrance to Jalan Jelatek
The proposed location is located along Jalan Jelatek, which is currently under massive construction due to the works on an elevated intersection. Nonetheless, given the completion date of Picasso Residence, such hectic works can be avoided as it is expected to end in 2017. The intersection is made to mitigate traffic as well as to give more options to those commuting along Jalan Jelatek and Jalan Ampang. The rush hour here can get a bit hectic and you can get stuck in a jam for quite a while. Hopefully, this could fend off such tailbacks.
The elevated intersection is currently under progress
Massive constructions along Jalan Jelatek
Entry and exit points to AKLEH and DUKE are located within the vicinity. Residents can find the entry point of Plaza Tol Dato Keramat along Jalan Jelatek prior entering AKLEH. That would be on the opposite side of Picasso Residence.
Plaza Tol Dato Keramat’s entrance along Jalan Jelatek
For those heading to DUKE, residents can take Jalan Datuk Keramat and head on towards Jalan Maktab. The entrance is right beside PULAPOL. Meanwhile, MRR2 is accessible via Jalan Ampang. Residents will also be able to reach Wangsa Maju, Taman Melawati and Setiawangsa by driving along Jalan jelatek.
Jelatek LRT Station is 400 meters away
Covered walkway heading to Great Eastern and Jelatek LRT
RapidKL Busses are reliable and consistent
There are other means of transportation around the area, though. Residents could walk on over or take a short drive to Jelatek LRT Station that is located roughly about 400 meters away. Another option will be Datuk Keramat LRT Station that is located along Jalan Datuk Keramat. It is within minutes away from Picasso Residence by driving or even by walking.
Taxis and RapidKL buses are extremely efficient in this given area. Hailing a taxi shouldn’t be much of an issue. Meanwhile, the closest RapidKL’s bus hub is located at Datuk Keramat LRT Station.
Picasso Residence is extremely near to various essential amenities. You can never go wrong by residing in area as strategic as this. Among the amenities are:
- Gleneagles Intan Medical Center, Ampang via Jalan Ampang
- Prince Court Medical Centre, Kia Peng via Jalan Tun Razak
- Ampang Puteri Specialist, Ampang Hilir via MRR2
- HSC Medical Centre via Jalan Ampang
- Great Eastern Mall via Jalan Ampang
- Intermark via Jalan Ampang
- Royal Selangor Golf Club via Jalan Tun Razak
- Darul Ehsan Golf Club, Ukay Heights via Jalan Jelatek
- KDE Driving Range, Ukay Heights via Jalan Jelatek
- SMK Seri Ampang via Lorong Damai 13
- SMK Puteri Ampang via Lorong Damai 13
- Sekolah Jenis Kebangsaan (Cina) Chung Hwa via Jalan Damai
- The International School of Kuala Lumpur (ISKL), Ampang Hilir via MRR2. The school will be relocated to Jalan Ampang Hilir by 2017/2018
- Libyan International School, Jalan Ampang
- Kuala Lumpur International Kindergarten via Jalan Madge
- Montessori The Children’s House via Jalan Ampang Hilir
- Sayfol International School, Ampang via Jalan Ampang
- Fairview International School, Wangsa Maju via Jalan Setiawangsa
- Taylor’s International School, Taman Maluri (formerly known as Sri Garden International School) via Jalan Tun Razak or Bulatan Pandan
There are also various fascinating ‘treasures’ that are scattered around the area, which could be appealing to the residents.
Pasar Datuk Keramat offers an array of fresh produce
Ampang Point Mall is a rather moderate sized mall that caters to basic needs
Ampang Point’s surrounding is known to be dominated by Middle Eastern restaurants and shops
Dataran Jelatek is just minutes away from Picasso Residence
- Pasar Datuk Keramat– If you are not into the high-end supermarkets, there is always the good old ‘pasar basah’ or wet market that is located at Datuk Keramat. It is five minutes via driving and the entrance of Datuk Keramat is just around the corner from Picasso Residence. There is an array of selection from poultries to herbs and spices to choose from. The price here is pretty reasonable and there’s no question to be asked when it comes to the freshness of the produce!
- Pasaraya Hock Choon– This rather modest looking supermarket has been around for decades and it is among the oldest grocery stores in Kuala Lumpur. It has all the basic necessities as well as imported goods from far and wide. It might look rundown but the items that are sold here are imported and rare. Their shoppers consist of loyal customers since its opening to the new age generation
- Dataran Jelatek– Take a drive up Jalan Jelatek, you will find Dataran Jelatek. If you are into Middle Eastern food, lucky you! There are ample Middle Eastern restaurants here along with its famous Shisha. There’s a 99 Speedmart along with a music center and couple of other restaurants of various cuisines.
- Ampang Point– Drive along Jalan Ampang and you will find yourself entering a rather congested area hailed as Ampang Point. Upon entering the area, you will see endless of shops and restaurants. Most popular cuisines here are the Middle Eastern and Korean. There are specialised grocery shops with imported goods from, you’d guess it, Korea and the Middle East. Besides that, Ampang Point, the mall, is a moderate scale mall that offers basics necessities such as groceries, food outlets and coffee cafes.
- Lorong Nibong’s little secrets– People often overlook this little alley as it is tucked in between buildings along Jalan Ampang. Its secluded location might make it hard for people to find it. Lorong Nibong surprisingly hosts a number of fine dining restaurants and even a Pilates studio. Among the hidden gems of Lorong Nibong are:
- Victoria Station- Among the legendary steak houses in Kuala Lumpur. This particular branch even has a life sized train model in it.
- Sahara Tent- Another famous Arab chain restaurant finding regular customers along Lorong Nibong. Humongous and surprisingly less crowded.
- Terrace at Hock Choon- The ‘Terrace’ hosts a string of fine dining restaurants and bars. This includes IL Divo, Fukuharu, Berliner Stube, IR1968, Poolside Bar, Single Malt Lounge, the Café and the Cigar Bar.
- Discovery Pilates Studio– To escape the hectic city lifestyle, health enthusiasts could just head down to the studio for some Pilates sessions. What makes this studio a stand out is how serene the ambiance is especially in the early mornings. A relaxation for both body and mind.
The fire station is located right next to Picasso Residence
Suria Jelatek is the closest high-rise condominium around. It is located right across the street from Picasso Residence
There isn’t any other development in construction around the proposed site. Nonetheless, there is a small fire station located next to the development. Meanwhile, Suria Jelatek and a low cost apartment, PPR Jelatek are located across the road from Picasso Residence.
Analysis
Price Analysis
| Name | Land Tenure | No. of Blocks | No. Storey/Units | Selling Price |
| Picasso ResidenceBy Premier De Muara(Completion by 2019) | Leasehold | 2 | 38 storeys/ 270 units38 storeys/ 202 units | From RM1.1 mio |
| Pavilion EmbassyBy Global Oriental(Completion by 2020) | Leasehold | 2 | 42 storeys/ 588 units36 storeys/222 units | RM 1.65 mio –RM 1.8 mio |
| Damai ResidencesBy Tan & Tan(Completion by 2017) | Freehold | 1 | 20 storeys/31 units | RM 2.2 –RM 4.35 mio |
Rental starts at RM 2.58 psf.
The Developer
Premier De Muara Sdn Bhd (PDMSB) is a joint-venture company between Almaharta Sdn Bhd and Premier Gesture Sdn Bhd, a wholly owned subsidiary of PRG Holdings Berhad (formerly known as Furniweb Industrial Products Bhd), a Malaysian company listed on the Main Market of Bursa Malaysia. The Group diversified its core business of manufacturing to include property development after obtaining shareholders approval in April 2014. PDMSB first property development endeavor is a proposed development for two blocks of mid to high-end condominiums, located within 3-kilometre radius of the Petronas Twin Towers and within 400-metre of the Jelatek light rail transit (LRT) station.
(Source http://www.picassoresidence.com.my/?menu=about-us)
Summary
With an affordable psf, Picasso Residence is indeed a catch and a great bargain for property seekers and even home buyers. A great location with lesser obstructions of view due to its long existing landed properties. It is an enticing property to either own or rent it. Expatriates would definitely adore such residence due to its location and units being semi-furnished with essential necessities. Owners of dual key units, on the other hand, could live and rent either parts of the unit in generating extra income. With numerous places of interests and amenities located nearby, Picasso Residence is proving to become a property that one can’t refuse.
