Bella Vista, Ampang
Bella Vista is a leasehold residential development located on Jalan Cahaya, Ampang. The condominium received its Certificate of Fitness in the year 1998, and the property was develop by Crimson Land. There are a total of seven blocks, each having four storeys. Units built-up typical range from 936 sf to 1,023 sf. Units come with 3 + 1 bedrooms and 2 bathrooms, and subsale asking prices start from RM260,000 and goes up to RM300,000. The leasehold tenure of 99 years, will expire on 19 April 2082.
Bella Vista is located in Ampang, where lots of amenities are easily accessible. Bella Vista is strategically located with two malls nearby being walking distance; Spectrum Shopping Mall and Galaxy Ampang Shopping Centre. Further away are the shopping malls Ampang Point Shopping Centre and Suria KLCC. Hospital Ampang is 500 meters away, a short walk; other hospitals nearby include Ampang Puteri Specialist Hospital, Hospital Ampang, and Hospital Pantai Indah.
Taman Wawasan is a nearby neighborhood with lots of basic amenities such as banking facilities and eateries. There are many schools nearby include the International School of Kuala Lumpur, Mutiara International Grammar School, Sekolah Kebangsaan Ampang and SMK Bandar Baru Ampang. In terms of public transportation, Cahaya RapidKL is the closest transport hub which is roughly 10 minutes walk from the condo, being roughly 400 meters away. Ampang LRT station is roughly 800 meters away. It is also easily accessible as it is located just off of Jalan Ampang, allowing for convenient access to the west via Jalan Ampang, and to the north and south via Middle Ring Road 2 (MMR2).
In the year 2004, strata titles were available for collection by the residents of Bella Vista, certain residents opted to not accept the strata titles for they do not want to pay the maintenance fees. In a newspaper clipping, it was reported that a third of the 156 unit owners refused to accept the titles for their units. The maintenance fee of RM120 to RM140 per month was not paid by some of them and this made the creation of a management corporation difficult simply because there is a lack of commitment by all the owners. However as of 2013, the facilities within Bella Vista look well maintained. There is currently an active MC within Bella Vista now.
Bella Vista is a rather secluded and quiet area, but not really far away from KL or other amenities. The place is then ideal for those who prefer to live in a quieter place, not too far away from work. Bella Vista is adequately maintained, though there has been hiccups in the past with regard to management. Current prices are roughly RM270 psf, whereas receivable rent is around the region of RM1.00 to RM1.50 psf. The areas surrounding Bella Vista is rather developed, therefore capital appreciation potential is favorable.