• Pavither
  • 13 May 2019

Coming up in the centre of the city on Jalan Ipoh is a much-anticipated project – Tuan Residency. A product of CPI Land, this development has great prospects. Although relatively new to the market, CPI Land already has a track record. Currently on their plate is also Avantas a condominium on Old Klang Road, Kerian Links an exclusive development of landed properties, and Serintin, a development of nature-inspired homes.

Tuan Residency, Jalan Ipoh Lobby welcomes residents to thier homes

Tuan Residency is a development of high rises from this developer, in the prime location of Jalan Ipoh. Catering to the middle-income group, these homes are ideal for families and first time home buyers.

Address: Tuan Residency, Jalan Selinging 6, Taman City, Jalan Ipoh, Kuala Lumpur

Property Type: Condominium

Land Title: Residential

No of Storeys: 35

No of Blocks: 1

Total Units: 577

Tenure: Freehold

Sales Gallery: Lot 3-53, Scott Garden, 289, Jalan Klang Lama 58000 Kuala Lumpur, Malaysia

Site GPS Coordinates: 3.195291, 101.670326

Expected Date of Completion: 2021

Built-up area: 878 sq ft – 1,018 sq ft

Facilities:

Ground Floor

  • Welcoming Green Island
  • Drop-off area
  • Strolling path
  • The Good Old Days’ Playground
  • Yoga deck

Level 6

  • Infinity swimming pool
  • Sunken deck
  • Wading pool
  • Water fun play
  • Outdoor shower
  • Signature green wall
  • Gymnasium
  • Resting mound
  • Transition lounge
  • The Calm Garden
  • Green lawn
  • Memory Lane (Chess Lounge, Snake and Ladder, Fun Play Table, Congkak station, Swing pod, Hopscotch)
  • Reflexology path
  • Outdoor fitness
  • Taichi deck

Rooftop Landscape

  • Resting piazza
  • BBQ lounge

Launch Price: From RM478,500

Price psf: From RM545 per sq ft

Maintenance Fee psf: N/A

Parking Bay/s per Unit: N/A

Project Details

With the many choices of high rises coming up along the major trunk road of Jalan Ipoh, property buyers are certainly getting spoilt for choice. Tuan Residency is, however, one that should be taken into serious consideration for what the developer is offering.

Housing a total of only 577 units in a sole tower of 35 storeys, Tuan Residency carries a residential and freehold title. Buyers will get to choose between units sized between 878 sq ft and 1,018 sq ft, with a choice of 4 different layouts. All the units will house 3 bedrooms and 2 bathrooms regardless of their size.

Unit Type

Built-Up

No. of Rooms

A

878 sq ft

3R, 2B

B

879 sq ft

3R, 2B

C

1,018 sq ft

3R, 2B

D

1,015 sq ft

3R, 2B

Tuan Residency is clearly a family-oriented condominium. There are facilities catered to toddlers with The Good Old Days’ Playground, wading pool, and Water Fun Play facility. Also, there are also many facilities that are catered to the adult generation with nostalgically themed areas such as the congkak station, hopscotch, and Snake and Ladder station.

Tuan Residency, Jalan Ipoh comes with equipped facilities for all walks of life.

There are also the usual facilities that cater to health enthusiasts, such as an infinity pool, yoga deck, Taichi deck, gymnasium, outdoor fitness centre, and reflexology path. Also catering to those who need a spot of nature close to home is The Calm Garden and Green Lawn.

With a launch price of between from RM478,500, Tuan Residency is expected to be completed by the year 2021.

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Location

First and foremost, the biggest selling point to Tuan Residency is its location. New developments have been mushrooming on Jalan Ipoh in the year 2018 and 2019 due to its location, and Tuan Residency will clearly enjoy the same benefits.

Located on the main trunk road of Jalan Ipoh, residents of Tuan Residency will enjoy seamless access to the Duta-Ulu Kelang Expressway (DUKE) and New Klang Valley Expressway (NKVE). Via these highways, getting to other nearby townships such as Sri Hartamas, Mont Kiara, and Petaling Jaya will take under 15 minutes in clear traffic.

Tuan Residency location along Jalan ipoh and Jalan Kuching

The Middle Ring Road 2 (MRR2) is sited only minutes away from this development where residents of Tuan Residency will be able to get around the city easily. The Kuala Lumpur city centre is only a mere 8 kilometres away, and Bandar Utama with its popular shopping malls of 1 Utama Shopping Centre, Ikano Power Centre, and The Curve is less than 13 kilometres away.

Despite living in the middle of the city, sites of nature are merely minutes from home. The Taman Tasik Titiwangsa is about 7.5 kilometres away from Tuan Residency, and the popular landmark of Dataran Merdeka is only about 8.8 kilometres away.

Getting around via private vehicle will certainly be convenient for residents of Tuan Residency, but for those who prefer to utilise the public transportation, there is the Kentonment MRT station and a KTM station about 1.2 kilometres and 1.5 kilometres away respectively. The Kampung Baru KTM station about 2.5 kilometres from home.

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Analysis

Name

Completion date

Land Tenure

No. of Blocks

Selling Price

Tuan Residency, Taman City, Jalan Kuching

2021

Freehold

1

From RM478,500

Flexus- Signature Suites

2018

Freehold

1

From RM380,000

Lakeville Residence By Enchanting Height

2017

Leasehold

2

From RM580,000


Pros

The location of Tuan Residency is definitely a major plus point of this development, followed by its reasonable launch price as can be seen in the chart above. With an affordable entry price of about RM545 per sq ft, property buyers looking for their first home will have a real chance of owning a home at Tuan Residency.

 

Cons

While its location on Jalan Ipoh may certainly be a plus point for residents of Tuan Residency, it may also be its failing during rush hours. Infamously known to be terribly congested during rush hours in the mornings and evenings, Jalan Ipoh is the bane of many motorists. It is anticipated that traffic here will worsen in the coming years given the number of new developments that are mushrooming up along Jalan Ipoh.

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Summary

Tuan Residency, Jalan Ipoh is an ideal development for first-time homebuyers and families.

In summary, Tuan Residency will make a good property for own stay if one does not mind the occasional traffic. After all, those who are used to this area will find the traffic as normal as how PJ-ites find the traffic on the LDP to be normal during peak hours. Property investors may, however, want to rethink their decision to purchase a property here as an investment, as they will have to compete with many other newly completed developments in the future to find a rental tenant or buyer.

To know exactly how much home loan you can get from the banks and whether you can afford this property, you can use the PropertyGuru Loan Pre-Approval. It is FREE to use and helps you avoid loan rejections. It has a 99.9% accuracy so you can be sure of home loan approval!

 

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Eric Wong

Pavither

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