288 Residency

288 Residency is a freehold high-end condominium situated at Setapak, Kuala Lumpur. This property is developed by KP Property, a subsidiary company under Kerjaya Prospek who is also the developer for 222 Residency located just next to 288 Residency. The condominium neighbors Diamond Residences and Bangunan Forlong.With 28 storeys in total, 288 Residency houses a total of 288 units with a standard unit having a built-up area ranging from 1,408 sf to 1,900 sf and comes with 4 bedrooms and 3 bathrooms. Facilities provided include a gym, swimming pool, wading pool, children play area, landscaped garden, function room, multi-purpose hall, BBQ area and Jacuzzi.Amenities such as restaurants like Thai Food Home Recipe and TCM Therapy are just a short 5 minutes’ walk away from 288 Residency. Apart from that, with the rows of shop lots along Jalan Genting Kelang located just a short 5 minutes’ drive away from the property; residents can easily find ample amenities such as banks, restaurants, workshops, clinics, petrol kiosks, church and more. Not only that, there are also a SRJK (C) Mun Yee and a Korean school located just a stone’s throw away from 288 Residency. In terms of public transportation, there are ample bus stations located at different points along Jalan Genting Kelang which provide much convenience to those who travels without a private transportation. Connectivity wise, 288 Residency can be easily reached using Jalan Gombak and Jalan Genting Klang. It is also within mere minutes from DUKE Highway and MRR2 Highway.

Property Details

Name: 288 Residency

Address: Setapak, Kuala Lumpur

Developer: KP Property (a subsidiary of Kerjaya Prospek)

Type: Condominium

Tenure: Freehold

No. of Storey: 29

No. of Units: 288

No. of Bedrooms: 4

No. of Bathrooms: 3

Built-up: 1,408 sf - 1,869 sf

Launch Price: From RM488,000

Subsale Price:

Rental:

Facilities

Gymnasium

Swimming pool

Wading pool

Children play area

Landscaped garden

Multi-purpose hall

Function room

BBQ area

Jacuzzi

Market Trends

Analysis

Many have commented that 288 Residency is worth the investment as it has a bigger built-up size as compared to UOA's Setapak Green which many have claimed is 288 Residency’s direct competitor. There are many comparisons going on between 288 Residency and Setapak Green; and one clear point is that Setapak Green has an unobstructed view of the KL City Centre. Some potential buyers were skeptical about the high end development located near to low cost apartments and they were somehow not pleased with the fact that the property is situated near to a paper mill. However, these factors appear not to be an issue to most potential buyers of 288 Residency following the proven success of 222 Residency located just next to it. They believe that 288 Residency will be a good investment as previous projects have delivered good designs and also promised quality materials in their construction so far.