Property Leasing

Recently, I am doing market study in condominiums. I met some building managers. They hope that I could help them up to get the vacant units sold or rented out.

Located in Damandara Heights, Villa Vista is a low-rise and low density condominium. It consists only 12 units ranging from 1721 sf to 4,710 sf. The condominium consists 2 penthouse units. Basically, the units in the condominium is not for sale. The interest part is the whole condominium is available for sale for RM25.5 mil. There are 18 covered and 4 uncovered carparks. The management is planning to convert the office to gymnasium and sauna.

Types of Unit Approx. Built-up Area (sq. ft.) Approx. Rental per Month (RM)

2 Bedrooms + 1 Utility 1,721-2,124 4,000-6,000
3 Bedrooms 1,945-1,948 4,000-6,000
3 Bedrooms + 1 Utility 2,417-2,962 4,500-6,000
Duplex Penthouse 3,595-4,710 7,000-12,000

Facilities - Function Area, Swimming Pool, 24-hr Security, Covered Parking, Sauna, Water Feature, Wading Pool, Pool Deck

As I went to do site inspection, I personally rate the condominium.

Location - It is quite a distance to the condominium from Jalan Duta. However, as the condominium is located in hill, tenants can enjoy the view of Kuala Lumpur. Some units also have the view of Twin Tower. --------- Good

Building Quality - The building is well-maintained. -------Fair

Facilities - The facilities offered are not much. However, as mentioned, the management office will be transferred and the space will be converted into gymnasium and sauna. The idea is still under planning. ------ Fair

Common Area - To be honest, I do not like the design of the condominium . The common area is not fully utilised, for me. ------ Fair

Carpark - Not much to comment about carpark. ------Fair

Management - The building Manager I met was very friendly and kind. He provided me a lot of information about this condominium. So I believe he will assist the tenants of the condominum as much as he can. -------Good

Function Area and Carpark

Swimming Pool and Pool Deck

Walkway and View of KL from the condominium

The area is for store. Whoever interested can buy this space and renovate to convert into home.

Swimming Pool and low-rise block

Water Feature

According to the Building Manager, he said that the rental is negotiable. He stresses in flexibility. If you wish to rent a unfurnished unit and want to buy your own furniture, the building manager will have people to remove the furniture in the units. If you want it to be fully furnished, the building manager will take care of everything. The price would be quoted based on the furnishing provided.