[KLCC] Grid @ Jalan Kia Peng

Grid Kia Peng

The Grid @ Kia Peng Overview

The Grid @ Kia Peng is located in the most desirable location in Malaysia – KLCC. The area have always been a profitable investment for those who are looking for investment in the long term.

The Grid offers affordable luxury living with a premium KLCC address. The development have a low density of 277 residences in a 36 storey building. Every residence comes fully furnished starting from RM1,200,000 onwards.

The Grid is located within the Kuala Lumpur Golden Triangle with 5 star hotels, upscale shopping malls, corporate offices, restaurants and banks all within a stone throw away. At the same time, the development is tucked in the quieter Jalan Kia Peng escaping from the hustle and bustle of the city.

In terms of accessibility, there will be 2 proposed MRT stops within walking distance, KLCC East MRT Station (500m) and Conlay MRT Station (300m) providing The Grid with full convenience.

Grid Location

The Grid @ Kia Peng Details

Development Name : The Grid
Developer : Onesentral Park Sdn Bhd (Wholly Subsidiaries of MRCB)
Land Size : Approximately 1 acres & above
Expected Completion : 2nd Quarter 2019
Tenure : Leasehold (without condition)
Land Use : Commercial
No. of Units : 277 units
No. of Storey : 36 storey with 2 basement car park
No. of Tower : 1 tower
No. of Units per Floor : 10 units
Built Up Area:
a) (1+1 bedroom) 880 sqft & 843 sqft – 1 car park [110 units]
b) (2+1 bedroom)1,065 sqft & 1,057 sqft – 2 car park [84 units]
c) (3 bedroom)1206 sqft – 2 car park [83 units]

Average Selling Price (Gross) : RM 1,450 psf (Fully furnished)

Grid Facility

The Grid @ Kia Peng Facilities

  • Infinity pool
  • Children’s pool
  • Jacuzzi
  • Gymnasium
  • Children’s playground
  • Yoga deck
  • Reflexology path
  • Viewing deck
  • Landscaped garden
  • BBQ area
  • Lounge
  • Steam room
  • Multipurpose rooms
  • Kindergarten

Register your interest for The Grid @ Kia Peng

Name (required)

Email (required)

Phone Number (required)

Development Area Interested (required)
 KLCC Mont Kiara Bangsar Old Klang Road PJ Cheras Segambut Ampang Hilir Ara Damansara Cyberjaya Serdang Seri Kembangan Gombak Selayang Puchong

Your Budget (required)
 <RM500,000 RM500,000-RM750,000 RM750,000-RM1,000,000 RM1,000,000-RM1,500,000 >RM1,500,000

Purpose of Purchase (required)
 Own Use Investment

The Grid @ Kia Peng Analysis

Price:

Completed developments around KLCC are averaging RM1300psf-RM1800psf such as the Marc Residence, Vipod Suites, SOHO Suites, Hampshire Residences, etc.

As new developments are selling at future prices (in 2019), being RM1450psf fully furnished is considered very attractive to many. 

Aside from that, most of the new developments in KLCC are asking from RM1800psf-RM3000psf such as The Ruma Hotel and Residences, The Mews, The Ritz-Carlton Residences, etc.

Rental:

Average rent for smaller units in KLCC is averaging RM6psf. Based on the selling price, ROI on investment is looking at 5%/annum.

As the site is situated in the proximity to 2 proposed MRT stations, we are bullish that it will have higher occupancy rate compared to developments which doesn’t provide the convenience of such public transport.

As an added point, the low density of 277 units prevent competitions within the same development.

Register your interest for The Grid @ Kia Peng

Name (required)

Email (required)

Phone Number (required)

Development Area Interested (required)
 KLCC Mont Kiara Bangsar Old Klang Road PJ Cheras Segambut Ampang Hilir Ara Damansara Cyberjaya Serdang Seri Kembangan Gombak Selayang Puchong

Your Budget (required)
 <RM500,000 RM500,000-RM750,000 RM750,000-RM1,000,000 RM1,000,000-RM1,500,000 >RM1,500,000

Purpose of Purchase (required)
 Own Use Investment

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