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Kaleidoscope is a serviced residence developed in Setiawangsa, east of Kuala Lumpur, a location much doted for the green topography of the area close to the Titiwangsa range. Towering at 31 storeys with 4 complexes, the project will house 600 units of the serviced homes once completed in the third quarter of 2020. Living at the Kaleidoscope is designed to provide calm respite, enabling an escape for residents to gather their thoughts and go out to the world revitalised.
Most of the serviced residences at Kaleidoscope come with 3 bedrooms and 2 bathrooms, while the largest unit type has an additional bedroom and bathroom. Beginning from 1,196 sf of Type B units, the units offer ample space for individuals, married couples and nuclear families alike, ensuring that the home can grow and develop with its dwellers throughout life. Type B1 are slightly larger at 1,205 sf, followed by Type C with 1,257 sf of interior space. The Type A is the most expansive with 1,491 sf of built-up area.
Facilities are appropriately suited to the Kaleidoscope’s aim of providing an escape from the city, with features like The Hive pods and The hide-out for some alone time, fitness amenities like a pool, gymnasium, aerobics room, yoga deck, jogging track and omni court. There are also a children’s play area, play pool and nursery, along with a function room and multipurpose hall for entertaining purposes. The property also comes equipped with 24-hour security for ease of mind.
The main setback to most buyers in considering Kaleidoscope is its leasehold tenure, added with its relatively high launching prices of between RM664,000 to RM1.12 million. However, given the location, size of units and more than basic facilities, buyers could reason that a similar freehold property may be priced higher.
Kaleidoscope is located close to amenities, with a good number of conveniences at the door step of the residences. It will be an especially great choice for families with school-going children, as schools like the Fairview International School, SMK Taman Setiawangsa, SK Au Keramat, SJK Taman Setiawangsa, and SJK Stella Maris, among others, are just a few minutes away. Hypermarkets like a Giant and AEON Big Wangsa Maju are also nearby, while shopping destinations like Suria KLCC and Pavilion are also not too far off, just over 15 minutes from the development.
Accessibility wise, Kaleidoscope is connected to other parts of the city via major roads and highways like the Duta-Ulu Kelang Expressway (DUKE), and the Middle Ring Road 2 (MRR2). With that, Wangsa Maju is about 10 minutes away, while KL city centre and Sentul are approximately 20 minutes from the development. Public transportation is also not a problem, given the many busses that frequent the area. The Setiawangsa LRT station is also within reach, enabling added convenience.
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Did you know?
Check out the value of surrounding recently completed properties to make the best buying decision.
Property Name | Year of Completion | Ad Selling Price | Ad Rental Price | Avg Transacted Price | Avg Rental Yield (%) |
---|---|---|---|---|---|
Kaleidoscope | Sept 2020 |
RM430,000
-
RM1,100,000
RM 294 psf - RM 737 psf |
RM1,000 - RM1,000 | NIL | 3.53 % |
Casamas Condo | Sept 2015 |
RM380,000
-
RM420,000
RM 400 psf - RM 432 psf |
RM1,350 - RM1,350 | NIL | 4.13 % |
Vila Sri Ukay | 2002 |
RM1,296,000
-
RM3,780,000
RM 378 psf - RM 840 psf |
RM4,500 - RM4,500 | NIL | 3.66 % |
Pangsa Murni | 1985 |
RM255,000
-
RM450,000
RM 36 psf - RM 486 psf |
RM1,400 - RM1,400 | NIL | 4.53 % |
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
Non-Landed | Landed | Commercial | |
---|---|---|---|
0 - 500 SQ. FT | - | - | - |
500 - 1,000 SQ. FT | - | - | - |
1,000 - 1,500 SQ. FT | - | - | - |
1,500 - 2,500 SQ. FT | - | - | - |
2,500 - 4,000 SQ. FT | - | RM 1,911,333 psf | - |
4,000 SQ. FT and above | - | RM 2,432,500 psf | - |
Note:
Down Payment (10%) | RM 66,400 |
Loan Amount ( 90 %) | RM 597,600 |
Tenure Years | 35 Years |
Interest Rate | 4.85% |
Others (Estimation) | RM 10,000 |
Disclaimer
The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
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