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Fortune Avenue

Property Insight


Fortune Avenue is a mixed development, which consists of shops and condominium units located in the heart of Kepong. In this development, there are 77 shop units and 750 condominium units. The condominium units are on 8 levels, and are served by 16 lifts.

The built-up area of Fortune Avenue starts from 1,137 sf which is the Type B condominium layout, which has 3 bedrooms and 2 bathrooms. Type D also has 3 bedrooms and 2 bathrooms, but it more spacious at 1,239 sf. Type A is the largest, with 4 bedrooms and 3 bathrooms. It has a built-up space of 1,954 sf. All condo units come with covered car parking bays.

Fortune Avenue is close by to KL Metropolitan Park, for those who love to live near green lungs. Here, there is a large lake, leafy trees, and jogging paths – perfect for unwinding after a hard day's work. Otherwise, residents can enjoy the condominium's facilities. These include a swimming pool, wading pool, multi-purpose hall, children's play area, aerobics room, gymnasium, kindergarten, multi-tier security access, BBQ area, laundrette, convenience store, outdoor spa, and a gazebo.

As for the shops at Fortune Avenue, they are all located on the ground floor. The intermediate shop lots have a built up of 1,755 sf (27' x 65'), while the corner shop lots are larger with a built up area of 2,322 sf (37' x 65'). It is located in a thriving area, and is close to connecting highways and arterial roads. These roads include Jalan Kepong and Lebuhraya Selayang – Kepong. It is also served by public transportation, for those who want to zip around without having to face the hassle of traffic. It is also close to schools, Jaya Jusco, Carrefour, and many eateries, retailers, and other businesses.

Property Details

  • Name: Fortune Avenue
  • Address: Jalan Metro Perdana 5, Kepong, Kuala Lumpur
  • Developer: Asia Pac Holdings
  • Type: Mixed Commercial
  • Tenure: Leasehold
  • No. of Storey: 8
  • No. of Units
  • Shop: 77
  • Condominium: 750
  • Built-up:
  • Shop: 1,755 - 2,322 sf
  • Condominium: 1,137 - 1,954 sf
  • Subsale Price: RM 250,000.00 - RM 600,000.00
  • Rental: RM 0.00 - RM 0.00


  • Facilities

  • Swimming pool
  • Wading pool
  • Multipurpose hall
  • Children's play area
  • Aerobics room
  • Gymnasium
  • Kindergarten
  • Multi-tier security access
  • BBQ area
  • Laundrette
  • Convenience store
  • Outdoor spa
  • Gazebo


  • Market Trends









    Latest transaction in Fortune Avenue, Kepong

    SPA Date Address Size Price
    2017-12-20 B-X-X, JALAN METRO PERDANA BARAT 1162 ft2 600000
    2017-11-29 A-X-X, JALAN METRO PERDANA BARAT 1292 ft2 638000
    2017-11-24 C-X-X, JALAN METRO PERDANA 1239 ft2 505000
    2017-11-09 D-X-X, JALAN METRO PERDANA 1159 ft2 485000
    2017-10-23 B-X-X, JALAN METRO PERDANA BARAT 1162 ft2 600000


    Analysis



    Combining convenience and lifestyle in one place, Fortune Avenue is a good investment for those who are interested in purchasing a property in the Kepong area. For those who are interested in purchasing the shop lots on the ground floor, this area is being quickly snapped up by many property investors. Most of these shops should be also visited by the residents residing upstairs in the condominium section of Fortune Avenue. However, this all depends on what kind of tenants are occupying these shop lots as this will determine the success and demand of these shop lots.

    As for the condominiums, Fortune Avenue is a safe bet for both owner occupiers and renters. With it being within walking distance to Carrefour and Jusco, this is perfect for everyone to do their daily shopping. In addition, there are several schools all within a 2 kilometre radius. For working professionals who would like to go to their office without having to face the traffic jam every day, KTM Kepong and KTM Taman Kepong are both less than 2 kilometres away.

    In addition, the Rapid KL Bus Depot is a mere 2.2km away from Fortune Avenue. Other handy township amenities close by including clinics, pharmacies, and eateries. All in all, this is perfect for those who want convenience and want to stay in the Kepong area. As it will always be a very convenient location in Kepong, capital depreciation should not happen to this condominium for a long time to come.

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