The Residence, TTDI

The Residence (also known as The Residence TDDI) is a high-rise luxury condominium located in Taman Tun Dr Ismail (TTDI) enclave. It is built together with The Plaza condominium for residential living along with shop lots at The Plaza by the same township developer, Naza TTDI. The entire development was reportedly sold out within 2 weeks of its launch.

The Residence is well-located in the preferred award winning township of Taman Tun Dr Ismail, which is situated on the border of Kuala Lumpur and Selangor. The town is also within the vicinity of Bandar Utama, Damansara Utama and Mutiara Damansara. It is a matured and low density township which comprises of old landed homes, commercial centers and some office towers.

Among landmarks nearby the area are Menara IBM (which currently being occupied by VADS), Naza World Auto Mall and Taman Rekreasi Lembah Kiara. Living in Taman Tun Dr Ismail offers peaceful living with better quality air than most area in Kuala Lumpur as the town is well-kept with greenery and parks. Being part of the upper middle class community of the Taman Tun Dr Ismail, residents of The Residence will enjoy short distance amenities and facilities around the area. Within walking distance, there is a commercial center offering a number of eateries such as Pizza Hut, KFC, La Manila and Shakey’s Pizza.

Besides that, The Residence is also near to numerous huge shopping malls namely Tropicana Mall, 1 Utama, The Curve, IKEA and Cineleisure. There is also a pasar malam (night market) nearby which is scarce in today’s modern developed towns. As for sports enthusiasts, there are several golf courses nearby the area which include Kuala Lumpur Golf & Country Club (KLGCC), Kelab Golf Perkhidmatan Awam (KGPA) and Tropicana Golf Resort. Also, next to KLGCC is Bukit Kiara Golf & Equestrian Country Club Resort. It is also nearby to Damansara Specialist Hospital located at Damansara Utama. Other residential condominiums in Taman Tun Dr Ismail include Villa Flora, Pinggiran Kiara, and Sri TTDI.

The Residence was developed by the renowned Naza TTDI which is well-known to be responsible for the whole Taman Tun Dr Ismail township development. Naza TTDI is the main property arm of Naza Group which well-known for its vehicles imports and manufacturing businesses. The group is responsible to be the sole distributor for KIA, Ferrari and Maserati in Malaysia besides handling several others car brands imports into the country like Mercedes Benz, Porche, KIA as well as Harley Davidson.

Besides township development, Naza TTDI has also developed several modern high-end developments including Laman Seri gated and guarded community in Shah Alam and TTDI Plaza in Taman Tun Dr Ismail. Currently, it is developing Platinum Park that comprises of three office towers, three condominium towers and a serviced apartment in KLCC area; The Valley TTDI comprising of 134 units of bungalows and semi-detached houses in Ampang; and TTDI Alam Impian which is another township development in Section 35, Shah Alam. The Residence is also considered one of the best condos in TTDI.

Property Details

• Name: The Residence (also known as The Residence TDDI)
• Address: Taman Tun Dr Ismail, Kuala Lumpur
• Developer: Naza TTDI (formerly known as TTDI Development and UDA SEA Park Development)
• Completion Date: 2006
• Type: Condominium
• Tenure: Freehold
• of Blocks: 1
• Built-up: 1,817 – 1,879 sf
• Launch Price: RM220 psf
• Subsale Price: RM880,000 – RM2,350,000
• Rental: RM2,500 – RM5,500

Market Trends

Analysis

The Residence seems to be a good buy now due to the up coming MRT station is just less than 200 metres away. The latest development next to TTDI MRT will be launched at approximately between RM1,000 – 1,200 psf. making The Residence a very good buy for future appreciation when the MRT is completed. Though it is located in a prime area, the main entrance to this development is quiet and wide, compare to the busy and narrow road of Plaza TTDI which is just next to it.

In terms of its layout, its smaller room has very limited source of natural lighting. But on the overall of the layout, each space is well proportioned. Nonetheless, it comprises of narrow and huge balcony which is quite pleasant.

If you prefer low density living this is a good condominium for your consideration as it is located in a matured township with limited land left for development, yet near to major amenities and easy access to major highway and public transport. If you like nature, one the the top recreational park in KL (Taman Lembah Kiara Recreational Park i) is located in TTDI just minutes walking distance away.