The Residence, also known as The Residence TTDI, is a luxury condominium tower situated within the prime location of the renowned Taman Tun Dr Ismail (TTDI) neighbourhood. It is also strategically positioned at the border of Kuala Lumpur and Selangor. This well-established township is conveniently close to Bandar Utama, Damansara Utama, and Mutiara Damansara.
According to Karen Leong (REN 16875) (012-278 9972) of Reapfield Properties (HQ) Sdn Bhd, who concluded the deal, the owner sold the unit as it had become surplus to requirements and she wanted to dispose of it while still able to get a good return on investment. The buyer was interested in the property as it was in the heart of TTDI, which is near many amenities and the MRT station. It also has sweeping golf-course view.
As of the beginning of September, there were five for-sale listings for properties at TTDI on EdgeProp.my with an average asking price of RM1,520,000 or RM717.40 psf. Meanwhile, there were four rental listings with an average monthly rent of RM3,850 or RM2.08 psf.
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