162 Residency

162 Residency is set amidst the backdrop of the Forest Reserve of Malaysia (FRIM), in the growing town of Selayang, which is north of Kuala Lumpur. It is a mixed commercial and residential development. Situated on 5.38 acres of prime land, 162 Residency consists of stylish apartments with a centrally 7-storey building and two 3-storey blocks. Altogether, it offers a total of 454 units of condo-style apartments and 66 units of retail outlets. There are 15 distinct layouts for prospective home buyers to choose from, ranging from a built-up size of 810 to 1,175 sf. Each of these units are designed with 3 bedrooms and 2 bathrooms. The apartment development is designed for the younger generation or those young at heart who appreciate the aesthetics of a modern facade, condominium-style living, and those who love the convenience of having living, working, dining, and shopping within the same vicinity. The retail outlets are set to suit urban lifestyles such as bistros, sidewalk cafes, restaurants, health spas, pubs, lounges, and boutique retail outlets.162 Residency is strategically located in the fast expanding neighborhood of Selayang. This area is easily accessible to the Kuala Lumpur city centre through the MRR2 and Selayang-Kepong Highway. It is also nearby the proposed KL Outer Ring Road. 162 Residency is also nearby Templer's Park, Selayang Hot Springs, and 10 minutes away from KLCC.162 Residency is nearby public amenities and facilities, include several shopping centres and hypermarkets such as Selayang Capitol, Selayang Mall, Tesco Extra, Carrefour Kepong, Giant, Warta, Pasar Borong Selayang, and Selayang Hospital. There are also academic institutions nearby in the form of UiTM Medical Campus, and Kolej Komuniti Selayang, to name a few.

Property Details

Name: 162 Residency

Address: Selayang, Selangor

Developer: B&G Supreme Property (a member of the MCT Group of Companies)

Completion Date: July 2011

Type: Mixed Commercial / Residential

Tenure: Leasehold

No. of Blocks: 3

No. of Units

Residential: 454

Retail: 66

Land Area: 5.4 acres

Built-up: 810 - 1,175 sf

Launch Price:RM117,000 up to RM205,000

Rental:

Facilities

24 hours security with CCTV facilities

Security card access

Multipurpose hall

2-storey covered car park with more than 1,400 parking bays

System stretcher lift

Surau

Market Trends

Analysis

162 Residency in Selayang is a development that combines convenient facilities and stylish apartments under one roof. It is also strategically located within the fast expanding town of Selayang, with at least 15 public services and agencies nearby. As the proposed UiTM Medical Campus and Kolej Komuniti Selayang is just walking distance from this place, it is a smart investment for prospective buyers who may not want to live there, but are willing to rent the apartment out to cater for future students and faculty members in the area.Besides that, 162 Residency is also suitable for working adults and even medium sized families because of its location, design, facilities, and more importantly - its affordable price. There are other numerous amenities to be found nearby 162 Residency, such as hospitals and shopping. It is also close to the 3 major highways which are KL-Rawang, MRR2, and Selayang-Kepong Highway. It is also connected quite close to the city centre.