Picasso Residence

Taking inspiration from the iconic artist Pablo Picasso, renowned for his profound influence on 20th-century art, Picasso Residence comprises two towers rising 38 stories high. This contemporary architectural marvel offers a breathtaking panorama, encompassing remarkable vistas of the Petronas Twin Towers, KL Tower, and the captivating Kuala Lumpur skyline. Settling in Picasso Residence ensures an upscale lifestyle enriched by an array of facilities and amenities that exceed conventional expectations. Additionally, the private lift lobby for each unit ensures a space that embraces privacy and the freedom to imbue your home with personalized design comforts.

Positioned along Jalan Jelatek, Kuala Lumpur, Picasso Residence is a leasehold condominium developed by Premier De Muara Sdn Bhd (PDMSB). The development of PDMSB is a collaborative effort between Almaharta Sdn Bhd and Premier Gesture Sdn Bhd, a wholly-owned subsidiary of PRG Holdings Berhad, a publicly listed company on Bursa Malaysia's Main Market.

Presenting an alluring proposition, Picasso Residence enters the real estate arena with a compelling offer that's hard to resist. With a reasonable price point in a prestigious locale, the residence embodies a futuristic ambiance while prioritizing eco-friendly living. This distinct allure makes it an enticing prospect for both property investors and individuals seeking a defining architectural gem along Jalan Jelatek.

Here's the table showcasing the unit types and their information:

Type	Size (sq. ft.)	Bedrooms	Bathrooms
A	1,013	2 + 1	2
B	1,375	3 + 1	3
C	1,668	3 + 1	3
D	2,407	4 + 1	5
D1	2,480	4 + 1	5

PROJECT DETAILS

Address: Jalan Jelatek, 55000 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur

Property Type: Condominium

Property Developer: Premier De Muara Sdn Bhd (a joint-venture between Almaharta Sdn Bhd and Premier Gesture Sdn Bhd)

Land Title: Residential

Number of Blocks: 2

Total Units: 472

Parking Bay Per Unit: 1-3 depending on unit size

Tenure: Leasehold

Sales Gallery: Wisma Chinese Chamber, Jalan Ampang, Kampung Datuk Keramat, 55000 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur

Year of Completion: 2023

Built-Up Area: 1,013 sq. ft. - 2,480 sq. ft.

Facilities:

FACILITIES DECK

• Yoga Corner
• 400M Jogging Track 
• Sauna/Changing Room
• Sunken Lounge
• 50M Olympic Length Swimming Pool
• BBQ Terrace
• Glass Encased Gymnasium
• Celebrity Kitchen
• Jacuzzi
• Reading Room
• Children's Playground
• Multipurpose Hall

ROOFTOP FACILITIES 

• Sky Garden
• Sky Lounge
• Hammock Garden
• Sky Pavilion

Launch Price: From RM 1,088,200 onwards

Launch Price Per Sq Ft: RM 1,035 - RM 1,870 psf

Maintenance Fee: RM 0.40 psf

LOCATION

Nestled at the core of the Golden Triangle in Kuala Lumpur, Picasso Residence enjoys a prime location close to prominent landmarks like KLCC and KL Tower, along with various essential amenities.

Strategically positioned, Picasso Residence boasts excellent connectivity to major highways, ensuring effortless access to neighboring townships. For instance, the entry point to Plaza Tol Dato Keramat on Jalan Jelatek provides access to AKLEH, conveniently situated right opposite the property. For those journeying towards DUKE, residents can take Jalan Datuk Keramat and proceed to Jalan Maktab, with the entrance adjacent to PULAPOL. MRR2 is accessible via Jalan Ampang, while Jalan Jelatek facilitates routes to Wangsa Maju, Taman Melawati, and Setiawangsa. Commuting within the area is hassle-free, with options including public transport such as LRT, buses, and taxis. The Jelatek LRT Station is conveniently located around 400 meters away from the property, and the closest RapidKL bus hub is situated at Datuk Keramat LRT Station.

Accessibility:

• Ampang-Kuala Lumpur Elevated Highway (AKLEH)
• Duta-Ulu Kelang Expressway (DUKE) 
• Middle Ring Road 2 (MRR2)
• Jelatek LRT Station
• Dato' Keramat LRT Station
• Damai LRT Station

Education:

• SMK Seri Ampang
• SMK Puteri Ampang
• Sekolah Jenis Kebangsaan (C) Chung Hwa
• The International School of Kuala Lumpur (ISKL)
• Libyan International School
• Kuala Lumpur International Kindergarten
• Montessori The Children’s House
• Sayfol International School
• Fairview International School
• Taylor’s International School

Medical Care:

• Gleneagles Intan Medical Center
• Prince Court Medical Centre  
• Ampang Puteri Specialist  
• HSC Medical Centre

Shopping:

• Great Eastern Mall
• Intermark Mall
• Pavillion Kuala Lumpur
• KLCC Mall

Recreation:

• KLCC Park
• Zoo Negara
• Ampang Recreational Forest
• Ampang Lookout
• Bukit Chenuang Trail 
• Kemensah Teratak Angah

ANALYSIS

Picasso Residence presents a unique proposition for both homebuyers and investors, supported by an array of compelling factors that make it an exceptional choice in the real estate market. From its strategic location in the heart of the Golden Triangle to its thoughtfully integrated facilities and innovative architectural design, this development offers an enticing blend of comfort, convenience, and potential returns.

Strategic Location: Situated within the prestigious Golden Triangle of Kuala Lumpur, Picasso Residence enjoys close proximity to renowned landmarks such as KLCC and KL Tower. This prime location ensures easy access to various amenities, business centers, and entertainment hubs, enhancing the overall quality of life for residents.

Partial Furnishings: The inclusion of premium furnishings such as a complete kitchen cabinet with island countertop, branded cooker hood and hob, built-in oven, and air conditioning in living/dining areas and bedrooms adds immense value to the property. Moreover, the provision of a hot water storage tank in all bathrooms, except the maid's bathroom, ensures a comfortable and convenient living experience.

Smart Home Features: The incorporation of smart home features further elevates Picasso Residence's allure. This modern technological integration enhances security, energy efficiency, and convenience, offering residents a seamless and connected living environment.

Architectural Design: Inspired by the artistic prowess of Picasso, the development's architectural design reflects creativity and innovation. The contemporary facade and captivating visual elements mirror the artist's vision, adding a touch of aesthetic sophistication to the urban landscape.

Facilities: Picasso Residence offers a range of facilities designed to cater to diverse lifestyles. The comprehensive range includes amenities like a private lift lobby for each unit, ensuring privacy and personalized living spaces. The availability of one to three parking spaces adds practicality and convenience for residents with multiple vehicles.

Investment Potential: For investors, Picasso Residence presents an attractive investment opportunity. The combination of a sought-after location, well-designed infrastructure, and modern features can potentially yield favorable rental returns and long-term appreciation.

Picasso Residence presents a remarkable proposition for both homebuyers and investors. Its strategic location, comprehensive facilities, architectural ingenuity, and smart home features create a harmonious living environment that encapsulates the essence of modern living. This development promises not only a comfortable lifestyle but also an enticing investment opportunity in the heart of Kuala Lumpur's vibrant urban landscape.

Here’s a quick look at residential properties in Taman Keramat/Ampang Jaya:

Project	Land Tenure	Unit Type	Completion	Built-up	Approximate Launch Price
Kondominium Gurney Heights by Mampu Jaya Sdn Bhd	Freehold	Condominium	2002	1,118 sq ft	From RM 300,000
Reizz Residence by BSG Property	Freehold	Service Residence	2019	697 sq ft - 896 sq ft	From RM 704,850
Residensi Gurneymas by Aset Kayamas Sdn Bhd	Leasehold	Apartment	2021	800 sq ft	From RM 198,000
Hon Residensi by Sri Seltra Sdn Bhd ( City Motors Group )	Leasehold	Multiple	2019	700 sq ft - 1,851 sq ft	From RM 389,000

SUMMARY

Picasso Residence, a visionary development located in Kuala Lumpur's esteemed Golden Triangle, offers a unique blend of artistic inspiration, modern convenience, and strategic value. With its partial furnishings, including a complete kitchen setup and smart home features, the project ensures a comfortable and connected living experience. The architectural design, inspired by Picasso, adds an artistic touch to the urban landscape.

Its prime location grants easy access to landmarks like KLCC and KL Tower. The range of facilities, including private lift lobbies and ample parking spaces, enhances convenience. Ideal for both homebuyers seeking an upscale lifestyle and investors eyeing potential returns, Picasso Residence encapsulates the essence of contemporary living and offers a promising investment opportunity in Kuala Lumpur's dynamic urban hub.

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