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Panorama Residences is a freehold service apartment located in the mature and established neighbourhood of Kelana Jaya, surrounded by the lush greenery and water features of the Subang National Golf Course (KGNS) and Kelana Jaya Lake Park.
This development is built on three acres of freehold land and carries a gross development value (GDV) of approximately RM400 mil. It is low density and has a total of 473 units spread across two residential towers with 30 storeys each.
Each tower houses four lifts, and there are only eight units per floor, ensuring privacy for residents. All units come with a minimum of two carparks. Built-up sizes for units range from 749 sq ft to 1,030 sq ft, with prices starting from RM642,010 - approximately RM857 psf.
The second phase of Panorama Residences was officially open for sale in March 2018, followed by the first phase in the next month. The project has a take-up rate of 55% to date, and is estimated to be completed by June 2022.
There are five floor plans to choose from in Panorama Residences. Type A/A1 is the smallest floor plan at 749 sq ft, and houses 2 bedrooms and 1 bathroom. This is followed by the second-largest floor plan (Types B/B1/B2/B3/B4), which houses 2 bedrooms and 2 bathrooms.
Types B/B1 comprise 928 sq ft, with Types B2/B3/B4 offering 939 sq ft and Type B5/B6 featuring 931 sq ft. Type C/C1 is the largest floor plan at 1,030 sq ft, and houses 3 bedrooms and 2 bathrooms – ideal for small to medium-sized families.
One of the pull factors of Panorama Residences is the unique design of its two-storey facilities deck, positioned as an ‘energy complex’. It is visually appealing with elevated oval walkways and floating decks.
The 96-metre elevated jogging track undulates around the sports complex and connects the two levels, leading to facilities like a gymnasium, badminton court, half-size basketball court, yoga deck and areas to relax such as the games room, reading room, observation deck, chill out lawn, and amphitheatre terrace lawn.
Situated in SS7/15 Kelana Jaya, the strategic location of Panorama Residences makes it a convenient home for professionals working in the city. The location is highly accessible, as the development has direct connections to major highways such as the New Klang Valley Expressway (NKVE), Lebuhraya Damansara-Puchong (LDP) and the Federal Highway.
For those who prefer taking public transport, the CGC-Glenmarie LRT station is located just 300 metres away via a covered walkway direct from the development. In addition, the proposed LRT3 alignment will also link to the CGC-Glenmarie station, providing enhanced connectivity to areas such as Bandar Utama and Klang.
Other key selling points of Panorama Residences are its close proximity to Lincoln University College, which is just opposite the development, while Paradigm Mall is just around the corner. Nearby healthcare institutions include the KPJ Damansara Specialist Hospital and Sime Darby Medical Centre Ara Damansara.
Panorama Residences is developed by Millenium Creation Sdn Bhd, a wholly owned subsidiary of LLC Properties Sdn Bhd, a subsidiary of LLC Berhad (formerly known as Loh & Loh Corporation Bhd).
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Did you know?
Check out the value of surrounding recently completed properties to make the best buying decision.
Property Name | Year of Completion | Ad Selling Price | Ad Rental Price | Avg Transacted Price | Avg Rental Yield (%) |
---|---|---|---|---|---|
Panorama Residences | June 2022 |
RM553,000
-
RM810,000
RM 738 psf - RM 871 psf |
NIL | NIL | NIL |
Laguna Residences | June 2016 |
RM360,000
-
RM360,000
RM 378 psf - RM 378 psf |
RM2,200 - RM2,200 | NIL | 7.33 % |
The Ascent | 2015 | NIL | From RM27,500 | NIL | NIL |
Zenith Residences | Aug 2013 |
RM395,000
-
RM750,000
RM 336 psf - RM 733 psf |
RM1,500 - RM1,500 | NIL | 3.85 % |
PJ5 SOHO | July 2012 |
RM320,000
-
RM328,000
RM 898 psf - RM 921 psf |
RM1,000 - RM1,000 | NIL | 4.18 % |
Taragon Kelana | 2011 | RM550,000 - RM1,400,000 | RM600 - RM600 | NIL | 0.74 % |
Zenith Corporate Park | Dec 2010 | RM438,000 - RM1,180,000 | RM1,800 - RM6,000 | NIL | 5.78 % |
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
Non-Landed | Landed | Commercial | |
---|---|---|---|
0 - 500 SQ. FT | - | - | - |
500 - 1,000 SQ. FT | RM 542 psf | - | RM 475 psf |
1,000 - 1,500 SQ. FT | RM 412 psf | - | RM 340 psf |
1,500 - 2,500 SQ. FT | RM 374 psf | - | RM 413 psf |
2,500 - 4,000 SQ. FT | - | - | RM 560 psf |
4,000 SQ. FT and above | - | - | RM 315 psf |
Note:
Down Payment (10%) | RM 64,201 |
Loan Amount ( 90 %) | RM 577,809 |
Tenure Years | 35 Years |
Interest Rate | 4.85% |
Others (Estimation) | RM 10,000 |
Disclaimer
The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
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