The Palladium

The Palladium (also known as The Palladium Condominium) is a medium-end high density condominium nestled in Keramat vicinity. It comprises of four 9-storey blocks. Three blocks are located next to each other, while another block is located across Jalan Gurney 2. The Palladium houses a total of 320 units with built-up size from 930 sf up to 1,200 sf. Among its immediate neighbours are Balai Felda building, Sri Perlis flats, UTM 5th College and Wisma Felda. Nestled in a suburban neighborhood, it is well served by numerous amenities. For instance, SRK Jalan Gurney 2 and Surau Al-Ikhlasiah are just few minutes of walking away. Also, it is just few hundred meters away from Universiti Teknologi Malaysia and TM Multimedia College (MMC). Besides that, The Palladium is near to General Hospital, National Heart Institute (IJN) and Respiratory Medical Instutute. Prime shopping malls are also within close proximity, including Avenue K, Suria KLCC and Pavilion. It can be easily accessible from KL city centre. Without doubt, this condominium is surrounded by several highways and main roads. One can drive towards the city center via Jalan Tun Razak or Jalan Ampang, which are accessible via Jalan Semarak and Jalan Jelatek respectively. Besides that, it is adjacent to Ampang-Kuala Lumpur Elevated Highway that connects to Ampang neighborhood and Middle Ring Road 2 (MRR2).

Property Details

Name: The Palladium (also known as The Palladium Condominium)

Address: Jalan Gurney 2, Keramat, 54000 Kuala Lumpur

Completion Date: 1993

Type: Condominium

Tenure: Freehold

No. of Blocks: 3

No. of Storey: 9

No. of Units: 320

Built-up: From 930 sf

Maintenance Fee: RM0.18 psf

Subsale Price:

Rental:

Facilities

Squash court

Covered car park

Swimming pool

Mini market

24-hour security

Market Trends

Analysis

There are not many fascinating view enjoyed from the units at The Palladium. Even though it is situated within KL city centre, the city view is blocked by AKLEH. Hence, residents can only enjoy its surrounding neighborhood views. The management of The Palladium has been consistently upkeeping and maintaining the condominium's facilities. Previously, it has replaced the main gate, re-painted the whole building exterior (in early 2000s) and upgraded the lifts. On the whole, this condominium is well maintained.For investment and even own stay, it is recommended to look for Block 14 and 16, as both blocks condition is much better. Pricing wise, The Palladium is currently priced around RM250 psf. About 3 years back, this condominium was priced below RM200 psf (from RM187 psf to RM195 psf). Even though the price of The Palladium has increased tremendously recently, there is still potential for it to hike further, following the price of Gurney Heights is currently around RM265 psf. In terms of rental, most claimed that it can be easily rented out for around RM1.50 psf.