Riverville Residences 2 Old Klang Road

Riverville Residences 2 by Alzac Development Sdn Bhd in Old Klang Road, Kuala Lumpur. From RM 430,000, Freehold Serviced Apartment with 803-915 sqft layouts (3 bedrooms). Floor plans, distance to the nearest stations and sales gallery appointments on propertyportal.my.

Riverville Residences 2 project information

DeveloperAlzac Development Sdn Bhd
LocationOld Klang Road (OKR), Kuala Lumpur
Property typeServiced Apartment
TenureFreehold
Land titleCommercial (Under HDA)
Starting priceRM 430,000
Price rangeRM 430,000 – RM 625,000
Price per sq ftRM 540 – RM 690
Built-up803-915 sqft
Bedrooms3 bedrooms
Total units660 (Block A: 330; Block B: 330)
Blocks / floors2 block(s), 36 floors
Car park1-3 bays
Maintenance feeEst RM 0.33 psf (incl. sinking fund)
CompletionUnder Construction, Target Q3 2027

Last checked .

Japanese Wabi-Sabi design; 10ft ceiling; no booking fee; loan approval required first

Riverville Residences 2 at a glance

  • From price: RM 430,000 to RM 625,000
  • Asking psf: RM 540–690 per sq ft
  • Tenure: Freehold
  • Completion: expected 2027
  • Units: 660, 36 floors, 3 bedrooms
  • Density: about 18 homes a floor (660 units ÷ 36 floors)
  • Against other new launches in Old Klang Road: -29% (median RM 761 psf of 2 projects)

Riverville Residences 2 scorecard

Six sub-scores from 0 to 10, each with its formula and inputs. Data-based, not a recommendation; there is no overall total.

  • Price vs area: 10.0 / 10 — Lowest asking RM 540 psf vs median RM 761 psf of 2 other new launches in Old Klang Road: -29%. Formula: 5 − (gap % ÷ 5), kept within 0–10. Gap = this project's lowest asking psf against the median lowest asking psf of the other new launches in the same locality (needs 2 or more). Parity = 5; every 5% cheaper adds a point.
  • Rail access: not scored — Not enough data on record. Formula: 10 − (walk minutes − 5) ÷ 2, kept within 0–10. Five minutes or less = 10; 25 minutes or more = 0. Walk = measured OpenStreetMap route where one exists, otherwise straight-line × 1.3 at 80 m a minute.
  • Density: 4.4 / 10 — 660 units ÷ 36 floors = 18.3 a floor; 63 of 144 other projects pack more. Formula: 10 × share of the portal's projects that put more homes on each floor (units ÷ floors). Fewer homes per floor scores higher.
  • Supply pressure in area: not scored — Not enough data on record. Formula: 10 × (1 − pipeline ÷ 50%), kept within 0–10. Pipeline = condominium/apartment units under construction plus planned, as a share of the units already standing (NAPIC stock table). 0% = 10; 50% or more = 0.
  • Affordability vs district income: not scored — Not enough data on record. Formula: 10 − 1.5 × (years − 3), kept within 0–10. Years = entry price ÷ (median monthly household income × 12) for the district (DOSM). Three years or less = 10.
  • Developer record: not scored — Not enough data on record. Formula: 10, minus 5 for each sick project, 10 for each abandoned project and 3 for each entry on the TEDUH offence list; minus 2 when TEDUH lists fewer than 2 projects (short record). Not scored until the developer is looked up on TEDUH.

Strengths

  • Lowest asking psf about 29% below the median of 2 other new launches in Old Klang Road (RM 540 vs RM 761)

Watch-outs

  • About 18 homes a floor (660 units over 36 floors)

Where the Riverville Residences 2 asking price sits

Asking psf midpoint RM 615, below the Kuala Lumpur new-launch median of RM 978 (68 projects on this site with an asking psf).

ProjectLowest psfHighest psf
GenStarzRM 912RM 912
Riverville Residences 2RM 540RM 690
M AuroraRM 610RM 610

The market around Riverville Residences 2

  • House price index (Kuala Lumpur, high-rise): 229.8 in 2026 Q2 (preliminary), +1.5% on 2025 Q2 (NAPIC MHPI, 2010 = 100; covers all of Kuala Lumpur)

Who Riverville Residences 2 suits

  • Transit commuter: Weak match (0 of 3 checks) — – Location not on record; – No timetable on record; – No rail route to KL City Centre within the rules. Rule: Walk ≤ 10 min · peak train ≤ 5 min apart · rail to KL City Centre ≤ 35 min
  • Own-stay family: Weak match (1 of 3 checks) — ✓ 3-bedroom layouts on the list (3); – Largest layout 915 sq ft; – Nearby schools not on record. Rule: A 3-bedroom layout on record · largest home ≥ 1,000 sq ft · a school within a 10-minute walk
  • First-home buyer: Weak match (0 of 3 checks) — – District income not on record; – Smallest layout 803 sq ft, from RM 430,000; – Location not on record. Rule: Entry price ≤ 5 years of district median income · smallest home ≤ 700 sq ft · walk to rail ≤ 10 min
  • Rental investor: Weak match (0 of 3 checks) — – Location not on record; – No 1-bedroom layout on record; – Area supply not on record. Rule: Walk to rail ≤ 10 min · 1-bedroom layouts on record · incoming + planned supply < 20% of stock. Rental figures are not on record.

A match is a fit with the numbers, not advice to buy.

Riverville Residences 2: checked facts

Analysis built 2026-10-30 from the figures on this page and public data: NAPIC, DOSM via data.gov.my, KPKT TEDUH, GTFS Static and Rapid Rail ridership via data.gov.my, OpenStreetMap and OSRM. Asking prices are not valuations.

Area and station guides

Can foreigners buy Riverville Residences 2?

Foreign buyers in Kuala Lumpur are held to the federal floor of RM 1,000,000 per unit. Riverville Residences 2 is listed at RM 430,000 – RM 625,000, below that minimum on the prices on record. Price is only the first test: every foreign purchase needs consent from the land authority.

Costs on top of the Riverville Residences 2 price

ItemOn the RM 430,000 starting price
Transfer stamp duty, Malaysian buyerRM 7,600 (1% on the first RM100,000, 2% up to RM500,000, 3% up to RM1,000,000, 4% above).
Transfer stamp duty, foreign buyer8% flat; no listed unit reaches the RM 1,000,000 foreign-buyer minimum (flat 8% on residential property from 1 January 2026, for non-citizens and foreign companies; permanent residents pay the Malaysian rate)
Loan agreement stamp duty0.5% of your loan
Legal feesBought from a licensed developer: 70% of the standard scale at this price (standard: 1.25% on the first RM500,000, 1% on the next RM7,000,000), a share fixed by Table B of the Solicitors' Remuneration Order 2023; plus 8% service tax

Riverville Residences 2 starts below RM500,000. The first-home stamp duty exemption (market value up to RM500,000, sale and purchase agreements signed from 1 January 2021 to 31 December 2027) is written for homes: LHDN's declaration form leaves out serviced apartments and SOHOs, while the Finance Act counts them as homes; the Malaysian Bar raised this with LHDN (circular 128/2026).

Riverville Residences 2 monthly maintenance fee

The stated rate is Est RM 0.33 psf (incl. sinking fund). On the 803 sq ft unit that is about RM 265 a month, and about RM 302 on the 915 sq ft unit.

Riverville Residences 2 compared with nearby projects

Among these 6 projects, Riverville Residences 2 has the lowest entry price per sq ft, at RM 535.

ProjectStarting priceEntry price per sq ftSizes (sq ft)Completion
Riverville Residences 2RM 430,000RM 535803–915Target Q3 2027
GenStarzRM 593,000RM 912650–87448 months from SPA (~2028)
M AspiraRM 538,800RM 763706–1,006Est 2029
Tria SeputehRM 736,800RM 964764–4,575Q2 2023
The VividzRM 446,400RM 922484–91552 months after APDL (~2030)
The Atas ResidencesRM 825,000RM 7141,156–1,518Launch in 2024, Estimated Completion Q3 2028

Entry price per sq ft = starting price ÷ built-up of the smallest layout; bigger layouts and higher floors give other figures.

Frequently asked questions about Riverville Residences 2

What is the starting price of Riverville Residences 2?

Developer list prices for Riverville Residences 2 start from RM 430,000 and go up to RM 625,000 (about RM RM 540 – RM 690 per sq ft). Prices change with each release; ask for the current price list.

Is Riverville Residences 2 freehold or leasehold?

Riverville Residences 2 is Freehold under a commercial (under hda) title, developed by Alzac Development Sdn Bhd.

What unit sizes and layouts are available at Riverville Residences 2?

Built-up sizes range from 803 to 915 sq ft with 3 bedrooms.

How many units and floors does Riverville Residences 2 have?

660 (Block A: 330; Block B: 330) units across 36 floors.

When will Riverville Residences 2 be completed?

Under Construction; estimated completion Target Q3 2027.

What is the maintenance fee at Riverville Residences 2?

Est RM 0.33 psf (incl. sinking fund), as quoted by the developer.

How do I view Riverville Residences 2 or get the floor plans?

WhatsApp Yee Woei Shyan (REN 46305, IQI Realty Sdn Bhd) at +60 10-827 8932, or use the enquiry form on this page for the price list, floor plans and a sales gallery appointment.

Riverville Residences 2 on the agent's site

Riverville Residences 2 on shyanyee.com — the agent's write-up of this project and how it compares with nearby launches.

Enquiries and sales gallery appointments: Yee Woei Shyan, REN 46305, IQI Realty Sdn Bhd. WhatsApp +60 10-827 8932.

Other projects in Old Klang Road

  • GenStarz, Old Klang RoadGenStarz — Old Klang Road, Kuala Lumpur · Freehold · Serviced Apartment · from RM 593,000
  • M Aspira, Taman Desa / Old Klang RoadM Aspira — Taman Desa / Old Klang Road, Kuala Lumpur · Leasehold · Serviced Apartment · from RM 538,800
  • One Seputeh — Seputeh / Old Klang Road, Kuala Lumpur · Freehold · Serviced Apartment
  • Radium Arena — Old Klang Road, Kuala Lumpur · Freehold · Serviced Apartment
  • Tria Seputeh, Seputeh / Old Klang RoadTria Seputeh — Seputeh / Old Klang Road, Kuala Lumpur · Leasehold · Condominium · from RM 736,800
  • The Vividz, Old Klang RoadThe Vividz — Old Klang Road, Kuala Lumpur · Leasehold · Serviced Apartment · from RM 446,400
  • The Atas Residences, Taman Desa / Old Klang RoadThe Atas Residences — Taman Desa / Old Klang Road, Kuala Lumpur · Leasehold · Condominium · from RM 825,000
  • M Aurora, Old Klang RoadM Aurora — Old Klang Road, Kuala Lumpur · Freehold · Serviced Apartment · from RM 339,000

All new launches in Old Klang Road

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