Jelutong Villa

Jelutong Villa is an elite gated and guarded residential community located in one of the most exclusive neighborhoods in Kuala Lumpur, namely Damansara Heights. The neighbourhood prides itself as being one of the most exclusive neighborhoods in Malaysia. Starting as a residential scheme for government servants more than two decades ago, the address has evolved into a popular choice for high net-worth individuals. The Jelutong Villa enclave comprised of 26 exclusive semi-D and 2 bungalow units. The freehold residence development asserts plenty of safety features to accommodate its residents' well being and comfort. The round the clock security team works diligently and places safety at top priority. As such, there is only one entry / exit point at the development. Other facilities of the low-density community also include shared use of the swimming pool near the entrance.Since its completion, many residents of Jelutong Villa has added their own personal renovations to their homes. All are compliant in ensuring that their homes complement the affluent and luxurious neighbourhood standard. The developer, Tan & Tan, from the very beginning did not compromise on the quality of materials and finishings.Jelutong Villa is within close proximity to Pusat Bandar Damansara, Menara Millennium and multinational companies at Jalan Dungun. From the enclave, the nearest shopping centres would be Bangsar Shopping Center, Bangsar Village and Midvalley Megamall. Eateries are aplenty at the nearby Jalan Telawi enclave. Help University is a stone throw's away in Jalan Dungun.Jelutong Villa is easily accessible via Jalan Semantan, Jalan Duta, Lebuhraya SPRINT and Jalan Maarof. The nearest LRT station would be Bangsar LRT station. However, the new Kajang - Sungai Buloh MRT line is slated for completion by 2017. The train will have a station in Pusat Bandar Damansara and Semantan.

Property Details

Name: Jelutong Villa

Address: Lorong Jelutong, 50490 Bangsar, Kuala Lumpur

Developer: Tan & Tan (a subsidiary of IGB Corporation)

Completion Date: 1996

Type: Semi-D & Bungalow

Tenure: Freehold

No. of Storey: 3

No. of Units

Semi-D: 26

Bungalow: 2

No of Bedrooms: 4+1

No. of Bathrooms: 5

Land Area: From 4,000 sf

Built-up: From 3,000 sf

Maintenance Fee: RM800

Subsale Price:

Rental:

Facilities

24-hour security

Gated

Swimming pool

Market Trends

Analysis

Houses in Damansara Heights are highly sought after by the upper class Malaysians, cabinet ministers and expatriates among others. Even during economic crisis, property prices in this exclusive neighborhood hardly decreased. In fact, it inched up slightly during the past several crisis, mainly due to the scarce land in this part of the city.Jelutong Villa is managed by Kondoservis, who manages most of Tan & Tan properties. Since its completion in 1996, the development has performed well in the property market. Their personal renovations have increased the value of their homes, thus, each houses vary in the subsale pricing. As such, as of December 2013, the pricing is between RM2,500,00 and RM5,000,000. Prospective buyers may also want to look into Bangsar next door for more options.