Overview
                                
                                 
                                            
                                                            Starting From: S$307,500
                                                        
                                                    
                                                            Unit Types
                                                        
                                                        
                                                            Simplex (1B1B, 2B2B), Dual-Key (2B2B), Duplex (2B2B, 3B3B)
                                                        
                                                    
                                                            Units
                                                        
                                                        
                                                            395 units
                                                        
                                                    
                                                            Tenure
                                                        
                                                        
                                                            Freehold
                                                        
                                                    
                                                            Developer
                                                        
                                                        
                                                            Alfranko Development Pte Ltd
                                                        
                                                    
                                                    NOVO UPS (Unique Selling Points):-
1. Completed in 2022
2. Freehold property on Freehold Commercial land, approved for development of Service Apartments
3. Kuala Lumpur title (Entitled to foreign nationalist purchase above MYR 1,000,000)
4. Embassy row (Over 40+ embassies within 3KM radius)
5. Just 3KM or 10 minutes drive away from KLCC.
6. Medical tourism (NOVO is right opposite Gleneagles Hospital) provides support for sustainable occupancy of rooms on an all-year-round basis, for AirB&B occupancy of the service apartments.
7. NOVO Reserve currently has two main AirB&B operators managing the AirB&B services at NOV Reserve @Ampang. Monthly statements of rentals received are provided by AirB7B operators. (Format of monthly statements is subject to respective AirB&B operator.)
8. Education (right behind International School of Kuala Lumpur, 10 minutes walk)
9. Very Competitive Net Selling Price (after discounts) that gives Investors a consistently high yield on return on Capital that ranges between 5%p.a. to 10%p.a.
10. Units come in fully furnished condition or partially furnished for those who wish to design and renovate the apartments themselves.
                                            1. Completed in 2022
2. Freehold property on Freehold Commercial land, approved for development of Service Apartments
3. Kuala Lumpur title (Entitled to foreign nationalist purchase above MYR 1,000,000)
4. Embassy row (Over 40+ embassies within 3KM radius)
5. Just 3KM or 10 minutes drive away from KLCC.
6. Medical tourism (NOVO is right opposite Gleneagles Hospital) provides support for sustainable occupancy of rooms on an all-year-round basis, for AirB&B occupancy of the service apartments.
7. NOVO Reserve currently has two main AirB&B operators managing the AirB&B services at NOV Reserve @Ampang. Monthly statements of rentals received are provided by AirB7B operators. (Format of monthly statements is subject to respective AirB&B operator.)
8. Education (right behind International School of Kuala Lumpur, 10 minutes walk)
9. Very Competitive Net Selling Price (after discounts) that gives Investors a consistently high yield on return on Capital that ranges between 5%p.a. to 10%p.a.
10. Units come in fully furnished condition or partially furnished for those who wish to design and renovate the apartments themselves.
                                    Details
                                
                                
                                                Developer
                                            
                                            
                                                :
                                            
                                            
                                                Alfranko Development Pte Ltd
                                            
                                        
                                                Address
                                            
                                            
                                                :
                                            
                                            
                                                315 Jalan Ampang, Desa Pahlawan, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Federal Territory of Kuala Lumpur
                                            
                                        
                                                Tenure
                                            
                                            
                                                :
                                            
                                            
                                                Freehold
                                            
                                        
                                                Total Units
                                            
                                            
                                                :
                                            
                                            
                                                395
                                            
                                        
                                                Expected Date of TOP
                                            
                                            
                                                :
                                            
                                            
31 Oct 2022
                                            
                                        
                                        Contact Person
                                    
                                    | Person in Charge | CEA Registration No. | Mobile | |
|---|---|---|---|
| Angela Wong (Project IC) | R055091H | 96665602 | |
| Marcia Hannani (Project IC) | R014437E | 96920856 | |
| Arthur Lee (Country Business Director) | R019827J | 90702213 | [email protected] | 
                                    Site Location
                                
                                 
                                            
                                                Address
                                            
                                            
                                                :
                                            
                                            
                                                315 Jalan Ampang, Desa Pahlawan, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Federal Territory of Kuala Lumpur
                                            
                                        
                                                District
                                            
                                            
                                                :
                                            
                                            
                                                Developer
                                            
                                            
                                                :
                                            
                                            
                                                Alfranko Development Pte Ltd
                                            
                                         
                                                         
                                                         
                                                         
                                                         
                                                                                     
                                                                                     
                                                                                     
                                                                                     
                                                                                     
                                                                                     
                                                                                     
                                                                                     
                                                                                     
                                                                                     
                                                                     
                                                                     
                                                                     
                                                                     
                                                                    