First Residence

First Residence is a high density condominium atop 2-storey commercial block development nestled in Kepong. It is nearby Laman Rimbunan and Plaza Metro Prima. This leasehold condominium comprises 4 blocks that house a total of 474 condominium units with 20 units sprawling over each floor. There are 13 different layouts to choose from at First Residence, with built-up sizes ranging from 930 sf to 1,450 sf. There are 32 facilities built on the 4th and 5th floors to served residents that include indoor suspended gymnasium, infinity edge swimming pool, snooker room and even karaoke room to name a few. The first phase of the development which comprises 2 out of 4 blocks was launched in June 2009 at average price of RM250 psf. In terms of amenities, there are 2 schools nearby First Residence, namely SK Kepong Baru and SMK Kepong Baru. Besides that, First Residence is merely 1 kilometre to Jusco Metro Prima and Carrefour, 2 kilometres to Brem Mall (which houses Giant supermarket) and 5 kilometres away from Tesco Kepong. Kepong KTM Komuter station is about 7 minutes of driving away from First Residence.

Property Details

Name: First Residence

Address: Kepong Baru, Kuala Lumpur

Developer: TSI Domain

Completion Date: March 2012

Type: Condominium

Tenure: Leasehold

No. of Blocks: 4

No. of Units: 474

Built-up: 930 - 1,450 sf

Maintenance Fee: RM0.22 psf

Launch Price: RM233,000 - RM384,000 (about RM250 psf)

Subsale Price:

Rental:

Facilities

Indoor suspended gymnasium

Reading / tutorial room

Yoga room

Aerobic room

Kid's putting green

Infinity swimming pool

Male & female changing rooms

Kid's pool with water slide

Interactive play fountain

Internet & WiFi

Children payground

Indoor children play area

Computer room / library

Snooker / pool / billiard room

Home theater / AV room

Toddler's cycling track

Kid's maze garden

Seating pavilion

Sky garden

Outdoor chess board

Reflexology path

Karaoke room

Landscaped garden

Palm court

Open lawn

Ice-cream kiosk

Cafeteria

Alfresco BBQ dining area

Multi-purpose hall

Laundrette

Nursery

Covered parking

24-hour security with CCTV, smart card access system and intercom system

Market Trends

Analysis

By the very long list of facilities offered by the developer, First Residence seems to be lacking common sports and common facilities such as tennis/squash court, sauna and Jacuzzi. Hence, there is nothing to shout about the facilities available. And also, bear in mind that, the maintenance fee is about RM0.22 - RM0.25 psf, which is among the highest ones within Kepong vicinity.In terms of pricing, most people feel that the price is quite hefty, as the location is not really near to any LRT or Komuter. Furthermore, the condominium is surrounded by factories, and its facilities are not that ultra-modern. In fact, the price is about within the same range as the landed houses around the First Residence.