Apartments in Kuala Lumpur, Malaysia

2-bed Apartments from £50,500

Axis Residence Deluxe,
Kuala Lumpur,
Malaysia

2 Bed Apartments from £50,500

2 Bed Apartments from £52,845

3 Bed Apartments from £61,032

  • Award winning, mixed used residential, office and retail development in Pandan
  • Pandan is an emerging suburb of Kuala Lumpur with superb access to KLCC
  • 60% LTV mortgages are available to foreign non-residents
  • Invest with £19,000 cash plus purchase costs
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Investment Prospectus
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Summary
  • Award winning, mixed used residential, office and retail development in Pandan
  • Pandan is an emerging suburb of Kuala Lumpur with superb access to KLCC
  • 60% LTV mortgages are available to foreign non-residents
  • Invest with £19,000 cash plus purchase costs
  • Successful & popular developer RK Group
  • In-house & letting management services by global giant DTZ
  • Expected Gross rental yields of around 8-9%
  • An annualised return on investment at 58%
  • Malaysia’s economy is booming with GDP growth at 6.1% last year
  • Huge demand for housing due to rapid urbanisation

Description

 Malaysia’s economy is expanding very quickly with GDP growth over 5.5% since 2004 (confirmed at 6.1% for 2007) and with FDI consistently growing and claiming one of the youngest and most rapidly urbanising populations in the world, confidence in the sustainability of this growth is high.
As the capital city, Kuala Lumpur is best placed to benefit from this growth and has developed into a modern, world-class city with a population of almost 2 million, prices still remain much lower than that of it’s Asian counterparts, such as Hong Kong and Singapore. Axis Residences Deluxe is the highest-end real estate in one of the fastest developing areas of Kuala Lumpur, where average household incomes are expected to double in the next 4 years. Top

Location

 The fact that prices in the prime locations in KLCC are reaching RM 2,500 per sqft is encouraging locals and international investors alike to search for more affordable, emerging parts of the capital.

The Pandan suburb is located just 10 km east of KLCC’s ‘Golden Triangle’, approximately a 10 minute commute into the city centre. It is also in close proximity to schools, banks, retail lots and golf clubs. Plus, with superb road and rail links this area is becoming more and more appealing to buyers wishing to benefit from the established amenities KLCC offers, but with property at a fraction of the cost. Top

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Property

 The multi-award winning Axis Pandan, is a mixed used development containing retail, office and residential buildings. The Axis Residence Deluxe is a 33 storey serviced apartment block offering a choice of facilities including various pools, gym and a sky lounge. All apartments are delivered in a ‘ready-to-let’ condition with 1 covered parking space and views either overlooking the pool area or towards KLCC. Internationally renowned DTZ have been appointed as the management company for the building and can offer both apartment and tenant management services to all buyers.
Gross yields in excess of 8% can be expected when compared with today’s rental rates and with 60% LTV mortgages available investments can be secured with £19,000 cash plus purchase costs. At these figures an annualised return on investment of 58% should be achievable. Top

Amenities

  • Apartment
  • Bedroom
  • LivingRoom
  • Gated Security
  • Car Parking
  • Managed
  • 24hr Concierge
  • En-Suite
  • Fitted Kitchen
  • Fully Furnished
  • Air Conditioning
  • Condominium
  • Swimming Pool
  • Whirl-Pool
  • Shopping Mall
  • Gym

Payment Schedule

  • Reservation deposit of RM 20,000 upon signing reservation agreement
  • 10% upon signing of SPA
  • 35% within 30 days of signing SPA
  • Various payments linked to construction progress until completion
  • Expected completion in fourth quarter of 2009, but no later than Mid 2010

Pricing & Availability

TypeSize (sqft)No. BedsPrice from (MYR)Price from (GBP)
A1023339487861,032
B10003390,00066,933
C7392294,12250,478
C1 / C2 / C3834-8392307,91352,845
D8923360,39461,852

Gallery

Floor Plans

Site Plan

  • Axis Development Axis Development
  • Axis Development Axis Development
  • Ampang distance from KL Ampang distance from KL
  • Type A Type A
  • Type B Type B
  • Type C1 Type C1
  • Type C2 Type C2
  • Type D Type D
  • Type C Type C
  • Type C3 Type C3
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