Teratai Residence is the newly completed leasehold apartment building located in the thriving area of Ampang, in the state of Selangor. Located just beside Teratai Square, this apartment is an effort of non other than Dergahayu. It is located barely 20 minutes away from the city centre of Kuala Lumpur, while the Kuala Lumpur International Airport is only 50 minutes away and the government office hub at Putrajaya at only 30 minutes away.
Teratai Residence is a simple and elegant high rise that stands at 12 storeys tall. It comes in a variety of layouts and built-ups, ranging from between 850 sf and 916 sf. These homes are highly suitable for small to medium families, with 3 bedrooms and 2 bathrooms. Its prices are also highly reasonable for a development so close to the city centre, at between RM230,000 to RM260,000.
With only 90 units available, Teratai Residence is a low density development. All units are intriguingly sold bare, giving buyers opportunities to give free reign to their creativity in renovating and decorating their homes. Safety of the residents is assured by the 24-hour security, while a total of 2 lifts serves the residents. With the ground floor dedicated to a total of 5 shops, Teratai Residence provides its tenant with everything they need to live a self contained life.
Teratai Residence is extremely well located with the Cheras town centre being only 10 minutes away, with major shopping malls such as the Leisure Mall and Jusco Taman Taman Maluri being only 12 minutes away from home. The Ampang town centre is equally close to home at only 12 minutes away, with malls such as the Great Eastern Mall and the famous Hock Choon Supermarket being equally near at a less than 15 minutes drive.
A wide variety of primary and secondary schools are also available to the residents of Teratai Residents, with at least nine different schools located within a 2 kilometres radius. There is even a local institute of higher education, the UCSI University. All the residents banking needs are also easily solved with the wide variety of local banks all less than 10 minutes drive from home. The closest hospital to home is the Ampang Hospital, that is a mere 10 minutes drive away.
Teratai Residence is one of the most well located apartments in the area, connected via a series of wide inner roads to major highways such as the Middle Ring Road 2 (MRR2) and the Ampang - Kuala Lumpur Elevated Highway (AKLEH). Public transportation is just as convenient with a bus stop on the main road of Jalan Kuari 5 minutes away from home, or the Pandan Jaya Star LRT station 10 minutes away from home.
Name: Teratai Residence
Address: Jalan Teratai 1/2E, Taman Bukit Teratai, 56100 Kuala Lumpur
Completion Date: 2014
No. of Blocks: 1
No. of Storey: 12
No. of Units: 90
No. of Bedrooms: 3
No. of Bathrooms: 2
Type A: 850 sf
Type B: 861 sf
Type C: 882 sf
Type D: 916 sf
Maintenance Fee: RM0.15 psf
Launch Price: Between RM230,000 to RM260,000
Dergahayu is an up and coming developer with much potential. They already have two projects under their belt, with the first being the beautiful and highly successful Gardenville Townvillas in Selayang that is fully sold out, and the second being the Teratai Square that is almost completely sold out with an extremely limited number of units left.
Although located in a heavily populated residential development, Teratai Residence is well located amidst a number of major inner roads that almost never face congestion. Traffic is usually smooth sailing throughout the day, although it may slow down during peak hours. The main roads usually affected are the roundabouts within the area that connect the various housing developments.
Teratai Residence is an excellent investment opportunity especially for the early birds, as apartments of these sizes at such an ideal location are seldom found. Unfortunately for those who are interested, all units were sold out before the development was even completed. Teratai Residence not only makes an excellent investment, it also makes a wonderful home due to its excellent location that places residents close to two major towns, Ampang and Cheras, within easy reach of everything.