The Palette isn ’ t like many other commercial hubs around . With its open spaces , you get to enjoy the cool and calm breeze that nature has to offer as you stroll along with a lifestyle community that has been set up as individual huts . Whether it is an evening out with the family or a morning stroll for coffee or an outing with friends , The Palette should surely be the number one choice for residence within its catchment .
THE INVESTMENT POTENTIAL
From an investment point of view , retail businesses , as well as F & B and lifestyle services , should take advantage of the tenancy propositions that are being offered by the developer at the moment . Despite the property market slowdown at this current moment , Setapak is one of the few areas in Kuala Lumpur that is seeing growth , compared with other locations that are experiencing a plateau .
It is a fact that the population in Setapak has increased tremendously in recent years , as more and more condominiums and commercial buildings are being established in the vicinity .
According to real estate negotiators , it has been observed that high-rise homes in Setapak attract a good rental demand . Setapak ’ s strategic location that is near to Ampang and Kuala Lumpur city centre , coupled with its affordability and the presence of Tunku Abdul Rahman University College , makes the area ’ s rental market easy to sustain . Having said that , the closest lifestyle community for these students to congregate would probably be The Palette . Another draw to the Palette would be the nearby tourist attractions such as Bukit Tabur , Berjaya Hills Resort , and Genting Highlands that make for nice weekend getaways . The Palette may be a close enough stopover for them .
From an investment point of view , retail businesses , as well as F & B and lifestyle services , should take advantage of the tenancy propositions that are being offered by the developer at the moment . Despite the property market slowdown at this current moment , Setapak is one of the few areas in Kuala Lumpur that is seeing growth , compared with other locations that are experiencing a plateau .
It is a fact that the population in Setapak has increased tremendously in recent years , as more and more condominiums and commercial buildings are being established in the vicinity .
According to real estate negotiators , it has been observed that high-rise homes in Setapak attract a good rental demand . Setapak ’ s strategic location that is near to Ampang and Kuala Lumpur city centre , coupled with its affordability and the presence of Tunku Abdul Rahman University College , makes the area ’ s rental market easy to sustain . Having said that , the closest lifestyle community for these students to congregate would probably be The Palette .
Another draw to the Palette would be the nearby tourist attractions such as Bukit Tabur , Berjaya Hills Resort , and Genting Highlands that make for nice weekend getaways . The Palette may be a close enough stopover for them .
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Property360Digest e-magazine Issue # 7 - 2020