Malaysia Apartments | Axis Pandan - Award winning development 3 Bed Apartments | Kuala Lumpur Apartments | International Condos
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Axis Pandan - Award winning development 3 Bed Apartments






Axis Pandan - Award winning development 3 Bed Apartments
Builder: Provided by TheMoveChannel.com
Address: Wilayah Persekutuan Kuala Lumpur Kuala Lumpur
Region: Kuala Lumpur
Location:
Country: Malaysia

Type:
Investment: No
Stories: N/A
Units: N/A
Bath: 2
Bedrooms:
Condo Type: Apartments
Unit Size: Contact Builder
Price: $60,700 - $74,000
Phase:
Leaseback: No
Sales Phone: Click to View
Sales Phone:

Completion Date:


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Property Description

The PropertiesThe 3 bedroom apartments are available from 982 sqm in size and are delivered fully furnished and ready-to-rent.The multi-award winning Axis Pandan, is a mixed use development containing retail, office and residential buildings. The 2 residential towers - Axis Residence Deluxe and Axis Crown Premier - offer a choice of facilities including swimming pools, gym, lounge and covered parking. The Axis Crown Premier building is the more exclusive of the 2 residential towers and offer additional facilities such as a stylish sky club with infinity pool, bars and gym, a jogging track, BBQ pit and 24 hour concierge. All apartments will be managed by the internationally renowned DTZ who can offer both apartment and tenant management services to all buyers.Gross yields in excess of 8% can be expected when compared with todays rental rates and with 60% LTV mortgages available investments can be secured with 19,000 cash plus purchase costs. LocationThe fact that prices in the prime locations in KLCC are reaching RM 2,500 per sqft is encouraging locals and international investors alike to search for more affordable, emerging parts of the capital.AXIS Pandan itself is located on the far side of the Royal Selangor Golf Club, in a thriving area full of hypermarkets, medical centre and the KL International School. The development also boasts an alfresco boulevard of restaurants and the Axis Atrium shopping centre. However, with LRT access provided just across the road travelling around the city is easy, yet the price rush has not yet occurred here and therefore offers superb investment potential. MalaysiaMalaysia's economy is expanding very quickly with GDP growth over 5.5% since 2004 (confirmed at 6.1% for 2007) and with FDI consistently growing and claiming one of the youngest and most rapidly urbanising populations in the world, confidence in the sustainability of this growth is high.As the capital city, Kuala Lumpur is best placed to benefit from this growth and has developed into a modern, world-class city with a population of almost 2 million. Urbanisation has resulted in the property market has experienced strong capital growth, but prices still remain much lower than that of its Asian counterparts, such as Hong Kong and Singapore.Payment ScheduleReservation deposit of RM 20,000 upon signing reservation agreement10% upon signing of SPA35% within 30 days of signing SPAVarious payments linked to construction progress until completion (expected mid 2009 for Axis Residence and mid 2010 for Axis Crown Premier)




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