Casa Residency is one of the latest residential development in Pudu. Centrally located in the city, this freehold condominium neighbours Chinatown (Petaling Street), Bukit Bintang and Bukit Ceylon. Standing on about 1-acre tract of land, it comprises 188 serviced apartments with built-up sizes ranging from 535 sf to 1,066 sf. This 27-storey building comes with a lobby, 5-storey parking bay (including 1 basement), a floor for its facilities, a floor for shops (3 units) and the rest of 20 floors are for the residences. There are 12 units per floor from 6th to 10th floor, and 8 units per floor for 11th floor and up. The building is served by 2 lifts. Nestled in the midst of bustling city, there are aplenty amenities surrounding Casa Residency - which all of them are just mere minutes of walking away. These include upmarket shopping venues such as Pavilion, Lot 10, Starhill Gallery and Times Square. Schools are also nearby - SRJK (C) Jalan Davidson, Victorian Institution and Methodist Boys' School (Primary and Secondary). It is also near to Chinese Maternity Hospital (CMH), Tung Shin Hospital and Al-Bukhary Mosque. Public transport facility surrounding Casa Residency is great. It is just 250 meters away from Hang Tuah Monorail station and Hang Tuah RapidKL LRT station (Ampang line). Besides that, it is also within close proximity to Puduraya bus terminal.
Property Details
Name: Casa Residency Address: Lot 612, Jalan Galloway, Kuala Lumpur Developer: Mutiara Johan Project Management (a subsidiary of Mutiara Johan Group) Completion Date: October 2012 Type: Serviced Apartment Tenure: Freehold No. of Blocks: 1 No. of Storey: 26 No. of Units: 188 Land Area: Approx. 1 acre Built-up: 535 - 1,066 sf Launch Price: About RM700 psfLayouts
6th to 10th Floor Type A - 709 sf (2 bedrooms + 2 bathrooms) Type B & E - 708 sf (2 bedrooms + 2 bathrooms) Type C & D - 777 sf (2 bedrooms + 2 bathrooms) Type F & G - 747 sf & 748 sf (2 bedrooms + 2 bathrooms) Type H - 721 sf (2 bedrooms + 2 bathrooms) Type J & K - 722 sf (2 bedrooms + 2 bathrooms) Type L - 650 sf (2 bedrooms + 2 bathrooms) Type M - 535 sf (2 bedrooms + 2 bathrooms) 11th to 26th Floor Type N - 1,021 sf (3 bedrooms + 3 bathrooms) Type P & Q - 1,063 sf (3 bedrooms + 3 bathrooms) Type R & S - 1,060 sf & 1,066 sf (3 bedrooms + 3 bathrooms) Type T & U - 1,031 sf (3 bedrooms + 3 bathrooms) Type V - 781 sf (3 bedrooms + 3 bathrooms)Facilities
24-hour 3-tier security system with access card Covered car park (5-storey) Infinity swimming pool Broadband internet access SaunaAnalysis
In terms of design, there is not much different than its older sibling, Casa Mutiara – which is just a stone's throw away from Casa Residency. The differences between these two are its color scheme and modern design facade for Casa Residency. However, in terms of layout, the smallest built-up at Casa Residency is 535 sf, while Casa Mutiara has 325 sf unit as its smallest one. Also, Casa Residency does not have studio unit like Casa Mutiara, it only has 2- and 3-bedroom units. Hence, its Type M and L with built-up sizes of 535 sf and 650 sf are not practical and too compact. Indeed, the demand in the area is so appealing - most investors here have gained nice yield from rental as well as capital. Just like Casa Mutiara, they are gaining about 7% to 9% of rental yield. And there is potential for Casa Residency to enjoy similar return.