MALTON Berhad will be unveiling the first two blocks of Duta Park Residences in Kuala Lumpur with the indicative selling price from RM492,000 tomorrow.
With its strategic location and an attractive entry level price for a serviced apartment, Duta Park Residences continues to attract first-time property buyers and repeat investors.
Overwhelming response was received for its 840 units from the two blocks, the 59-storey Tower B and 40-storey Tower C during the preview.
Starting from RM573 per sq ft, Duta Park Residences is situated next to the elite Bukit Tunku address.
“Malton wants its customers to be able to enjoy the best of both worlds by providing homes with premium facilities at a price point many can afford,” said Malton marketing and sales head Eva Toh.
“Previously, such specifications were available only at above RM1,000 per sq ft price points.
Good capital appreciation and high rental yields can be enjoyed once the development is completed by 2022.
“Each apartment is spaciously designed with at least 2+1 bedrooms, suitable for young families. Residents will enjoy integrated three-tiered security, infinity pools, jacuzzi, entertainment pavilion and a panoramic sunken lounge with unrivalled views of the Kuala Lumpur city skyline, Bukit Tunku and Lake Gardens along with a shuttle service to Pavilion Kuala Lumpur.
“To facilitate our buyers’ wishes to own their dream home, Malton is offering an attractive incentive scheme alongside the nationwide government-launched Home Ownership Campaign (HOC, January to June 2019).
“The developer has also introduced its own Home Ownership Malton Easypay Scheme (Homes). With only RM3,000, you can own your first property with attractive rebates, and flexible easy payment schemes.
“Under the government’s HOC, residential properties priced between RM300,000 and RM1mil would be exempted from any stamp duties up to the first RM1mil. Loan instruments are also exempted from stamp duty up to RM2.5mil.
“Buyers should take advantage of this government initiative and the opportunity to own a home in a prime KL address,” said Toh.
Slated for completion by 2022, the 2ha Duta Park Residences comprising three residential towers carry an estimated total gross development value of almost RM1bil.
Situated in the centre of connectivity, Duta Park Residences offer great accessibility with direct access via Jalan Kuching and secondary access via Jalan Ipoh.
It is nestled within a mature neighbourhood with established shopping malls, eateries, educational institutions, arts, hospitals and financial institutions.
Additionally, the upcoming adjacent Sentul West MRT station, expected to be completed by 2022, would make travelling to city hotspots a short journey away.
Exquisitely designed by the KL Pavilion Design Studio, the Duta Park Residences’ 59-storey residential tower will be one of the tallest towers among the city’s landmarks.
The units’ built-up area range from 858sq ft to 1,538sq ft, while each floor comes with only 12 units serviced by six high-speed passenger lifts. Buyers can choose from 2+1 or 3+1 bedrooms to a dual-key unit. With the popular dual-key unit apartments, buyer will have the flexibility to either stay in one unit while renting out the other as a secondary income or to rent both and maximise the unit’s capital gains.
All are invited to attend the Duta Park Residences launch tomorrow from 10am-6pm.
Activities include a lion dance and prosperity loh sang with a talk on feng shui and investment outlook 2019 by Datuk Joey Yap at the Duta Park sales gallery.