Pantai Avenue

Pantai Avenue is a niche development of residential homes located in Pantai, or what is also known as Bukit Kerinchi off Jalan Kerinchi, Kuala Lumpur. Located across from the hip new UOA development called Bangsar South, Pantai Avenue fronts the Pantai Forest Reserve on Bukit Kerinchi. The area is accessible via Federal highway, the NPE, and SPRINT highway. The entrance or road access into Pantai Avenue is at the foothill of Pantai Panorama Condominium. The squatters and hawker stalls that used to line the entryway were demolished to make way for the redevelopment of the area into Bangsar South.Pantai Avenue consists of 3-storey terrace links and 3-storey semi-detached homes. A total of only 41 homes make these 2 rows of residential property very cosy and low-density. The driveway or entrance to the 3-storey terraces is parallel to the 1st floor which also makes the homes look like they are only 2-storeys but in actual fact, they have a basement level. Generous spaces and built-ups at Pantai Avenue allow for 4-5 bedrooms in each home, some with additional end lot land area. The driveway can easily fit 3 cars and there is plenty of turfing area for gardening and porch activities.

Property Details

Name: Pantai Avenue

Address: Jalan 112H, Off Jalan Kerinchi, 59200 Kuala Lumpur

Developer: Janavista (subsidiary of Tiger Synergy)

Completion Date: March 2011

Tenure: Freehold

Type: 3-Storey Terrace & Semi-Detached

No. of Units

29 x 3-Storey Terrace

12 x 3-Storey Semi-Detached

No. of Storey: 3

Land Area: 3.9 acres (total development)

3-Storey Terrace: 1,775 – 6,641 sf

3-Storey Semi-Detached: 5,000 sf

Built-up

3-Storey Terrace: 2,838 – 2,875 sf

3-Storey Semi-Detached: 4,228 sf

Launch Price: From RM750,000 – RM1,000,000

Subsale Price: From RM444 psf (RM1,200,000 for 3-storey terrace)

Rental:

Facilities

24hr security

TNB power station

Analysis

Pantai Avenue is developed by Janavista, the property arm of Tiger Synergy. A project of GDV RM40 million that started years before the development of Bangsar South, is only being completed mid 2011 due to delays in slope stabilization and road drainage works. Construction of Pantai Avenue was halted a few times as cracks were found in some columns in neighboring Pantai Panorama, and concerns have been raised over flooding over the low-cost housing in Kerinchi especially during heavy downpour. While home-owners are being made to wait to move into their dream homes, the good thing is that remedial work and slope stabilization works are being carried out so avoid any mishap. Pantai Avenue and Pantai Panorama are both sited on freehold land as compared to Bangsar South which is leasehold. The terrace links which were launched at RM750,000 are now being sold for about RM1.2 million with a prospective rental yield of RM4,500 and above. Pantai Avenue is located close by to many amenities with the development of Bangsar South. Restaurants, convenience shops, public transportation, banks, shopping malls and other retail outlets serve this growing community in Pantai Dalam, Bangsar South and Taman Bukit Angkasa nearby. Pantai Avenue is easily accessible and connectivity is one of its best features.