Residensi Pandanmas 2, Kuala Lumpur

  • Pavither
  • 19 February 2022

One of Residensi Wilayah’s projects in the Federal Territories, Residensi Pandanmas, which began construction in 2014, was completed nine months ahead of schedule. The project’s units, which measure 850 sq ft and 900 sq feet and come with three bedrooms and two bathrooms, cost just RM280,000.

This project is part of the government’s initiative to ease the burden of low and middle-income buyers (B40 and M40). Back then, it was mentioned that the market price for similar units elsewhere could reach up to RM500,000 – but with the programme, buyers can get new units for below RM300,000.

Single individuals with monthly incomes of less than RM10,000, or married couples with household incomes of less than RM15,000, are entitled to register for the project. Buyers must also be Malaysians, aged 18 years and above, and either work or reside in the Federal Territories.

Residensi Pandanmas 2 has 3 blocks of apartments, over 8.71 acres of leasehold land.

Residensi Pandanmas 2 made its debut in 2014, and it is developed by Faber Vista. For residents who frequently head out of the city, major highways are within 5km. Besides its strategic location and amenities, residents will also be close to supermarkets, schools, restaurants, and malls.

Residensi Pandanmas 2 has 3 blocks of apartments, over 8.71 acres of leasehold land. The units have a spacious living room, with a balcony. A multi-level covered car parking facility is offered to residents and each unit will get an individual car parking bay. Purchasers also had an option to design their own apartment. The developer provided some catalogues to choose the design, where purchasers could customise the layout according to their wish.

Address: Lorong Delapan, 55100 Kuala Lumpur

Property Type: Apartment

Land Title: Residential

No. of Blocks: 3

No. of Storeys: 40

Total Units: 1,920

Tenure: Leasehold

Year of Completion: 2019

Built-up Area: 900 sq ft

Facilities:

  • Swimming pool
  • Gymnasium
  • Multi-purpose hall
  • Nursery
  • Daycare
  • Kid’s play area
  • Playground
  • Games room
  • Clubhouse

Launch Price: RM300,000

Launch Price Per Sq Ft: RM333 psf

Project Details

Residensi Pandanmas 2 was an opportunity to invest and own in a home in the golden triangle from only RM300,000. Each unit comes with 1 car park.

The leasehold apartment has 3 high-rise towers standing at 40 storeys each. There is a total of 1,920 units, and unit size is 900 sq ft. This is quite the buyer’s pick, especially for those seeking apartments in and around the Pandah Indah area.

There is a total of 1,920 units, and unit size is 900 sq ft.

Amenities provided for residents include a swimming pool, wading pool, community hall, a multi-purpose hall, clubhouse, covered car parking, nursery, daycare for children, kids’ play area, a playground, gymnasium, games room, and clubhouse. Additionally, this apartment comes with perimeter fencing, for better security.

Residensi Pandanmas 2, at a glance:

  • 900 sq ft
  • 3 bedrooms
  • 2 bedrooms
  • 1 covered car park
Show More

Location

Residensi Pandanmas 2 is easily accessible to the other parts of the city through Middle Ring Road 2 (MRR2), Lebuhraya Sungai Besi (Besraya Expressway), Ampang–Kuala Lumpur Elevated Highway (AKLEH), Maju Expressway (MEX), SMART Tunnel, and the Kuala Lumpur-Seremban Expressway.

Residensi Pananmas 2 is easily accessible via many network of highways in Klang Valley.

The apartment’s residents can access Lorong Delapan via Jalan Thaver from Jalan Kampung Pandan and through the Jalan 1 and Jalan Kanan 2 from the MRR2. The nearest MRT stations are at Pandan Indah and Cempaka.

All kinds of facilities are located close to Residensi Pandanmas 2. There are schools, colleges, educational institutions, shopping malls, hospitals, clinics, petrol stations, government offices, grocery shops, departmental stores, restaurants and cafes, and many more. In fact, Tesco Ampang is located just behind Residensi Pandanmas 2.

Maluri is a short drive away from Residensi Pandanmas 2, and that area has more amenities and conveniences for residents. 

Accessibility

  • Middle Ring Road 2 (MRR2)
  • Lebuhraya Sungai Besi (Besraya Expressway)
  • Ampang–Kuala Lumpur Elevated Highway (AKLEH)
  • Maju Expressway (MEX)
  • SMART Tunnel
  • Kuala Lumpur-Seremban Expressway
  • Pandan Indah MRT station
  • Pandan Jaya LRT station
  • Taman Maluri LRT station

Education

  • SM Pandan Jaya
  • SM St. Gabriel
  • SMK Aminuddin Baki
  • SMK Taman Maluri
  • Taylor’s International School Kuala Lumpur

Shopping

  • Tesco Ampang
  • AEON Taman Maluri
  • MyTOWN Shopping Centre
  • Sunway Velocity Shop Mall
  • Suria KLCC
  • Berjaya Times Square

Recreation

  • The Royal Selangor Golf Club
  • The Royal Selangor Polo Club
Show More

Analysis

If you’re buying your first home and seek one that is affordable, easily accessible and convenient, Residensi Pandanmas 2 could be ideal for you. 

The monthly rent for a unit listed on PropertyGuru in January 2021 ranges from RM1,100 to RM1,600. Therefore, the gross rental yield for a unit rented out at RM1,400 would be 5.6% per annum.

Here’s a quick look at residential properties in or close to Desa Pandan.

Project

Land Tenure

Property Type

Completion

Built-up

Approximate Launch Price

Residensi Pandanmas 2 by Faber Vista Sdn Bhd

Leasehold

Apartment

2019

900 sq ft

RM300,000

Residensi Pandanmas by Faber Vista Sdn Bhd

Leasehold

Apartment

2017

850 sq ft & 900 sq ft

RM280,000

G Residence by Sin Heap Lee and Tan & Tan Development

Leasehold

Serviced Apartment

2015

1,410 sq ft – 3,315 sq ft

From RM857,000

Sentrio Suites by Hua Yang Group

Leasehold

Apartment

2017

570 sq ft – 1,230 sq ft

From RM428,400

Sri Angsana Hilir by Kabra Holding

Leasehold

Serviced Apartment

2013

1,042 sq ft – 1,266 sq ft

From RM250,000

Mutiara Upper East by Mutiara Goodyear Development

Leasehold

Condominium

2008

1,281 sq ft – 6,319 sq ft

From RM1 million

Desa Pandan Apartment

Leasehold

Apartment

N/A

923 sq ft

From RM195,000

 

Show More

Summary

Overall, Residensi Pandanmas 2 is a great deal to the buyers who are looking an affordable budget-friendly apartment with facilities in its compound, and amenities close by. Other developments by Faber Group include Armada Villa at Taman Desa, Faber Indah at Old Klang Road, Faber Heights at Taman Desa, Danau Idaman at Taman Desa, Danau Impian at Old Klang Road, and more. Faber Group has had a presence in Taman Desa for more than 4 decades.

location

Here are some estimated loan figures for a Residensi Pandanmas 2 unit priced at RM300,000.

  • LTV / margin of finance: 90%
  • Down payment (10%): RM30,00
  • Loan amount: RM270,000
  • Loan term: 35 years
  • Interest rate: 3.2%
  • Monthly repayment: RM1,069

These calculations are based on the PropertyGuru Home Loan Calculator.

More about Residensi Wilayah here:

Show More
Eric Wong

Pavither

Feedback