Petalz Residences (Residensi Rimbunan), Jalan Klang Lama (Old Klang Road) Insights

Developer	:Exsim Development
Architect	:
Main Contractor	:
Land Size (sqm)	:
GFA (sqm)	:
Plot Ratio (Incl. Bonus)	:
Project Name	:Petalz Residences (Residensi Rimbunan)
Street Name	:2, JALAN 1/132A
Postal Code	:58200
Property Type	:Condominium/Apartment
Tenure	:
District/Planning Area	:Jalan Klang Lama (Old Klang Road)
Completion	:N/A
Number of Landed Units	:0 units
Number of Non Landed Units	:565 units
Sold Price Range/Average*	:RM 610 psf - RM 670 psf / RM 647 psf
Leased Rental Range/Average**	:
Implied rental yield**	:0%
Historical High	:RM 1,202 psf in Dec 2022 for a 915-sqft unit
Indicative Average Price from Historical High	:%
Historical Low	:RM 738 psf in Dec 2018 for a 935-sqft unit
Buyer Profile by Residential Status	:
Buyer Profile by Purchaser Address	:

*Based on transactions in the last 48 months.

**Based on asking rental data in the last 12 months. May not be representative.

About This Project

Petalz Residences is one of the most anticipated serviced residences on the main street of Jalan Klang Lama located south of Petaling Jaya. Fronting Lebuhraya Damansara-Puchong (LDP) on its front side, residents may experience some noise and air pollution. Petalz Residences is however a project that is still in the limelight as it comes from a developer that is renowned in the market for its high quality developments. Spanning 3.04 acres of land on Jalan Klang Lama, residents of Petalz Residences will enjoy unprecedented access to Petaling Jaya and Bandar Sunway on one end of the road, while on the other is the Kuala Lumpur City Centre (KLCC) at less than 20 minutes away on a clear day. Getting to Cheras is also extremely convenient with the Salak South Highway approximately 10 minutes away. As a result of its excellent connectivity, residents will be able to get to Mid Valley Megamall in only 10 minutes during clear traffic, and Sunway Pyramid via the LDP toll road in only 15 minutes. An added bonus of living at Petalz Residences is that residents will be able access to some of the best food in town metres from their homes.

There is the BBQ Thai restaurant located just down the road on the opposite side, along with a couple of popular Japanese restaurants on either side of the road. There are also fruit stalls by the road on the opposite side of Jalan Klang Lama, where there is are steam fish head and frog porridge restaurants. Located on the same side as Petalz Residences is Scott Garden which is a popular after work hangout spot. For even more convenience, there is also the neighbourhood wet market on the opposite side of Jalan Klang Lama. Consisting of a twin pair of blocks, Petalz Residences aspires to achieve the Green Building Index (GBI) Certification to reduce its impact on the environment. While traffic on Jalan Klang Lama is constantly congested due to its being a main road, the central location and potential of Petalz Residencesâ€™s capital appreciation is well worth the pain.

Sales Transaction of Petalz Residences (Residensi Rimbunan)

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