WS Solutions

The Heritage Residences is part of The Heritage development, a live, work and play waterfront lifestyle project with a family centric neighborhood mall at the foot of the residences called Heritage Village and a fully tenanted office block called Heritage Tower. The Heritage is next to two of Malaysia’s most prestigious projects – The Mines Resort City and Bluwater Estate and also overlooks two of the largest lakes in Kuala Lumpur – the 56 acre Bluwater Lake and the 200 acre North Lake. The Heritage is also surrounded by a theme park, shopping mall, an exclusive golf club, exceptional bungalows, and various educational facilities including the prestigious Australian International School which is located in Bluwater Estate directly adjacent to The Heritage.

FACTS:
Project Name: The Heritage Residences.
Developer: Heritage Lakeside Developments S/B
Product Type: Serviced Residences
Location: Seri Kembangan, Kuala Lumpur.
Launch Date: October 2003 for 1st block
Expected Completion Date: Completed in October 2008
Tenure: Leasehold to be renewed to 99 years upon issuance of strata title
Total Land Area: 10 acres.
Number of Units/Villas: 842 units within 5 blocks.
Unit size/built up area range: 480 sf to 1,500 sf (for 1 bedroom to 3 bedrooms) and 6,908 sf gross /2,800 sf built up (for 10 penthouses)
Price range:RM 185,000 to RM 660, 000 (for 1 bedroom to 3 bedrooms) and above RM2.0m for the penthouses
Interior Design: SWOT Interior Design
Landscape Architect: Tinderbox
Common Facilities: 7th Heaven, a 100,000 sq ft. haven of relaxation and entertainment for residents. The provided facilities include a gym, 3 swimming pools, saunas, cafe, snooker and pool room, children’s playroom and outdoor play area, BBQ area, table tennis room, basketball court, function room, and a launderette
Average Monthly Maintenance Fees: RM 0.20 per sq.ft
Expected Rental Return per annum: 6.5% - 8 % per annum (currently being enjoyed)

2% for 2 years
Pay only 2% for 2 years.
Rental guarantee (6% nett per annum)