Belvedere

Belvedere is an old but yet exclusive condominium located in Kenny Hills, an affluent residential uphill enclave of Kuala Lumpur. It is surrounded with lush greenery, and neighbours Sri Rajmin and Impian Bukit Tunku. This leasehold and low-rise condominium comprises of two 5-storey blocks that house a total of 47 units. KL city centre is just a few minutes' drive away from Belvedere, via Jalan Tun Ismail from Jalan Tunku. In addition, one can opt to use Mahameru Expressway to access Sg Besi and KL Sentral. Also, the area is served by Jalan Duta and Jalan Kuching. And in addition to this, residents of Belvedere have options to travel via rail transit to any part of the city with ease, as PWTC LRT and Putra KTM Komuter stations are within close proximity from the residential. Not to forget that The Mall shopping centre is located about 5 minutes from Belvedere, great convenience for shopping experience, leisure and entertainment. Putra World Trade Centre, Business area and 5-stars hotels are within reach too.

Property Details

Name: Belvedere

Address: Jalan 1/63, Off Jalan Tunku, Bukit Tunku, 50480 Kuala Lumpur

Developer: Azna Realty

Completion Date: 1985

Type: Condominium

Tenure: Leasehold

No. of Blocks: 2

No. of Storey: 5

No. of Units: 47

Built-up: From 2,000 sf

Maintenance Fee: About RM650 (RM0.36 psf)

Launch Price: From RM195 psf

Subsale Price:

Rental:

Layouts

Standard Unit

1,800sf - 2,000sf

2+1 / 3+1 / 4+1 bedrooms

Penthouse Unit

3,756sf

3+1 bedrooms

Facilities

Barbecue area

Club house

Covered parking

Gymnasium

Mini market

Nursery

Playground

Sauna

Squash court

Swimming pool

Wading pool

24-hr security with CCTV

Cafeteria

Market Trends

Analysis

Belvedere has only 2 units on each floor of its 5-storey building and only 49 units altogether in all two blocks, providing privacy and security for its residents. With its fantastic feel of serene natures and the green surrounding of Kenny Hills, Belvedere is a perfect escape from the busy and loud life of the Malaysia capital.Even though Belvedere is very old and really looks dated, it is well maintained and its security is tight. It is a good rental yield asset as most investors are currently enjoying above 7% gross rental yield upon their unit. However, with only about 80 years of leasehold period remaining, the investment is not that very attractive after all.