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Villa Wangsamas, Wangsa Maju

Villa Wangsamas is a high-density condominium nestled in Wangsa Maju. It is the only freehold condominium among the new condominiums within the enclave, such as Desa Putra and Riana Green East. It comprises a total of 1,317 units which sprawling over nine 20-storey towers that are developed in 2 phases; 5 towers in Phase 1 and 4 towers in Phase 2. There are 8 units per floor for typical unit, and 4 units per floor for penthouse unit.

There are only 2 types of units available to select from at Villa Wangsamas, which are a typical unit that consists of 1,267 sf of built-up size with 3 bedrooms, 3 toilets and a store room and penthouse unit perched at the top of the towers. The good news for the ground floor buyers is that the typical units on the ground floor come with private garden. It is launched back then in 2005 at about RM160 psf. Early bird buyers were given free air-conditioners, water heaters and kitchen cabinet, hence, easing their move in process.

In terms of accessibility, Villa Wangsamas can be easily accessible from Jalan Jelatek via Jalan 34/26 and Jalan Wangsamas. Moreover, motorists are also served by Duta-Ulu Klang Expressway (DUKE), Middle Ring Road 2 (MRR2) and Ampang-Kuala Lumpur Elevated Highway (AKLEH). It is within minutes away to the KL Suburban Centre (KLSC), KL city centre, Ampang and Melawati. In addition, it is about 10 minutes by foot to Sri Rampai RapidKL LRT station.

Property Details

  • Name: Villa Wangsamas
  • Address: Jalan Seri Wangsa, Taman Seri Rampai, Wangsa Maju, 53300 Kuala Lumpur
  • Developer: Setapak Heights Development
  • Completion Date
    • Phase 1: Jan 2008
    • Phase 2: Feb 2010
  • Type: Condominium
  • Tenure: Freehold
  • No. of Blocks: 9
  • No. of Storey: 20
  • No. of Units: 1,317
  • Built-up: 1,267 sf & 2,562 sf (penthouse)
  • Launch Price: RM203,888 – RM588,000
  • Maintenance Fee: RM0.16 psf
  • Subsale Price: RM360,000 - RM1,000,000
  • Rental: RM1,100 - RM4,000

Facilities

  • Swimming pool
  • Gymnasium
  • Restaurant
  • Mini market
  • Covered parking
  • Playground
  • Jogging track
  • Landscaped garden
  • 24-hour security with 2-tier card access

Market Trends

Analysis

There were some disappointments voiced by early buyers during the hand-over stage, as Villa Wangsamas was delayed for several times. After that, some claimed that the workmanship and quality delivered were not as good as expected. One can even see the external wall crack lines from the road. Besides, each unit is at 45-degree angle design with the slightly tilted building can be seen from afar. As there are several corners in each room and area, some space will not be very useful.

The Sri Rampai LRT Station may seem near when looking at the map. However, in reality, one has to take a long walk to the station as there is no short cut to reach there. Most of the tenants appear to be foreigners who enjoy the low rent, compared to the other apartments in the area. Although Villa Wangsamas is considered as an affordable condominium to reside in, there are valid reasons for the low price. For rental yield purpose, there still seem to be a market for it. However, most home owners choose to not stay there for their own purposes. One thing that is certain is both tenants and owners are wary of the developer.

Find Me Good Deal @ Villa Wangsamas