Rented for: RM8,000 (RM 2.27 psf per month)

Concluded by: Angie Thean (REN 13000) (012-3330073) of ONE WSM Property (KL) Sdn Bhd

When: August 2020

Noteworthy:
● Low-floor unit
● Built-up: 3,521 sq ft
● 4+1 bedrooms; 5 bathrooms
● Semi-furnished
● Facilities: Swimming pools, sauna, gymnasium, tennis court, BBQ area and 24-hour security.
● Nearby amenities: Shopping malls, restaurants and cafes, schools, shops, LRT and monorail stations, Go KL City Bus, KLCC Park and nightlife spots
● Accessible via main roads including Jalan Tun Razak and Ampang-Kuala Lumpur Elevated Highway (AKLEH) and Jalan Ampang

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Developed by Tan & Tan Developments Bhd, Hampshire Park Condominium is a freehold luxury condominium located on Persiaran Hampshire and is within walking distance to KLCC. The development was completed in 2000 with 194 units in two blocks on a 2.27-acre land. Built-ups of the units range from 1,809 sq ft to 7,000 sq ft.

Living right in the heart of Kuala Lumpur, residents of Hampshire Park Condominium can enjoy an urban lifestyle surrounded by all kinds of conveniences including shops, eateries as well as entertainment and nightlife spots. The area is well-connected by roads and public transportation.

Angie Thean from ONE WSM Property (KL) Sdn Bhd said although Hampshire Park Condominium is considered an “old” property in the city centre, it’s well sought after by tenants for its location, right in the heart of the city centre with proximity to workplaces and various amenities.

“Apart from the strategic location, units in the condominium have spacious layouts and the common areas are well-maintained. These are also its pull factors,” she added.

She pointed out that the tenant is a French national who signed for a two-year tenancy. “The tenant loves this spacious unit that has en suite bedrooms and a sizable living area which meets the needs of his family with three children,” Thean added.

As the unit is located on a low floor, it enjoys green, pleasant and peaceful surroundings. Thean added that the condominium is also suitable for families with children as it comes with large common areas and many facilities.

She noted that the owner of the unit had bought the property for rental investment purposes. “After the previous tenant moved out, the unit has been vacant since the beginning of this year. The process of finding a new tenant was slowed down due to restrictions of the movement control order (MCO).

“Although a monthly rent of RM8,000 is slightly lower than other units of similar size, the owner has decided to rent his unit to a genuine tenant, instead of continuing to wait for another tenant,” she said.

As at Sept 24, 2020, Hampshire Park Condominium has 32 rental listings on EdgeProp.my with an average asking rent of RM8,503 (RM2.90 psf) per month. Meanwhile, there were 23 sale listings asking for an average price of RM2.09 million or RM923 psf.

According to data from EdgeProp Research, two units in Hampshire Park Condominium were sold thus far in 2020, with an average transacted price of RM1.59 million or RM636 psf. In 2019, three units changed hands with an average price of RM2.60 million or RM684 psf.

Interested to buy a unit in Hampshire Park Condominium? Or click here for more property listings in KLCC. Click here to know more about Angie Thean and potential good deals.

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