Overview
Starting From: S$307,500
Unit Types
Simplex (1B1B, 2B2B), Dual-Key (2B2B), Duplex (2B2B, 3B3B)
Units
395 units
Tenure
Freehold
Developer
Alfranko Development Pte Ltd
NOVO UPS (Unique Selling Points):-
1. Completed in 2022
2. Freehold property on Freehold Commercial land, approved for development of Service Apartments
3. Kuala Lumpur title (Entitled to foreign nationalist purchase above MYR 1,000,000)
4. Embassy row (Over 40+ embassies within 3KM radius)
5. Just 3KM or 10 minutes drive away from KLCC.
6. Medical tourism (NOVO is right opposite Gleneagles Hospital) provides support for sustainable occupancy of rooms on an all-year-round basis, for AirB&B occupancy of the service apartments.
7. NOVO Reserve currently has two main AirB&B operators managing the AirB&B services at NOV Reserve @Ampang. Monthly statements of rentals received are provided by AirB7B operators. (Format of monthly statements is subject to respective AirB&B operator.)
8. Education (right behind International School of Kuala Lumpur, 10 minutes walk)
9. Very Competitive Net Selling Price (after discounts) that gives Investors a consistently high yield on return on Capital that ranges between 5%p.a. to 10%p.a.
10. Units come in fully furnished condition or partially furnished for those who wish to design and renovate the apartments themselves.
Details
Developer
:
Alfranko Development Pte Ltd
Address
:
315 Jalan Ampang, Desa Pahlawan, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Federal Territory of Kuala Lumpur
Tenure
:
Freehold
Total Units
:
395
Expected Date of TOP
:
31 Oct 2022
Contact Person
Person in Charge CEA Registration No. Mobile Email
Angela Wong (Project IC) R055091H 96665602
Marcia Hannani (Project IC) R014437E 96920856
Arthur Lee (Country Business Director) R019827J 90702213 [email protected]
Site Location
Location Plan
Address
:
315 Jalan Ampang, Desa Pahlawan, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Federal Territory of Kuala Lumpur
District
:
Developer
:
Alfranko Development Pte Ltd