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Project review

Riverville 2 Residence

Old Klang Road, Kuala LumpurServiced Residence

Riverville 2 Residence (RV2) is a freehold, low-density condominium along Old Klang Road / Jalan Taman Seri Sentosa, developed by ALZAC Development Sdn Bhd on a 2.87-acre site. Designed around the…

Price From:From RM 378KBuilt-up:803 - 915 sqftTenure:FreeholdCompletion:Estimate Q3 2027
See this price in your own currency

Foreign buyers judge value in the units they buy at home. Convert the asking price and the price per unit of area.

Price from

S$118,314

Price per unit of area

S$147.34 / sq ft

Indicative only, at rates as of 12 August 2026 · Bank Negara Malaysia and market mid-rates

Riverville 2 Residence serviced residence project view in Old Klang Road, Kuala Lumpur

Quick Project Decision

The short answer first — then dig into photos, price and risk below.

Good investment?

Riverville 2 Residence is a freehold serviced residence in Old Klang Road, Kuala Lumpur, by ALZAC Development Sdn Bhd, priced from RM 378,000 (803 - 915 sqft), completing Estimate Q3 2027, with an estimated gross rental yield of 3.8%–4.4%. Lewis Chong rates it 7.3/10 — a conditional buy. Worth studying, but only after confirming transaction evidence, rent, supply and unit selection.

Best for

First-Time Buyer. Long-term holding / Entry budget / Own stay.

Project snapshot

Check the practical details first before reading the deeper investment view.

Project Details Table

Cross-check these details against the developer's brochure before you book a viewing.

Project Name

Riverville 2 Residence

Location

Old Klang Road, Kuala Lumpur

Developer

ALZAC Development Sdn Bhd

Tenure

Freehold

Completion Year

Estimate Q3 2027

Price From

From RM 378K

Built-up Range

803 - 915 sqft

Total Units

660

Nearest Mall

Mid Valley City (~7.5km)

Key selling points

A clean first scan of the project before you compare package, layout and risk.

Freehold, low-density Old Klang Road condominium — 2 wings, 36 floors, 11 units per floor

660 total units on a 2.87-acre site, developed by ALZAC Development Sdn Bhd

3-bedroom, 2-bathroom layouts from 803 to 915 sqft, including a 915 sqft Dual Key option

Japanese "Wabi Sabi" design theme with Zen-inspired pool, gym, and garden pavilion facilities

About 7.5km to Mid Valley City and 8.5km to Sunway Pyramid; estimated completion Q3 2027

Price and unit guide

Use these numbers as a shortlist guide for unit comparison.

3 investment scenarios

A simple stress test factoring in vacancy buffer, rental guide and monthly holding guide.

Scenario

Conservative

Monthly Rent

RM 1,200

Cash Gap

-RM 936
Show all details

Gross Yield

3.8%

Vacancy Buffer

2 months / year

Monthly Holding

RM 1,936

What it means

Stress-test case. Use this when you want more buffer for vacancy, furnishing and rental competition.

Scenario

Balanced

Monthly Rent

RM 1,300

Cash Gap

-RM 744
Show all details

Gross Yield

4.1%

Vacancy Buffer

1 month / year

Monthly Holding

RM 1,936

What it means

Base planning case. Useful for checking whether the project still feels comfortable after normal vacancy buffer.

Scenario

Optimistic

Monthly Rent

RM 1,400

Cash Gap

-RM 594
Show all details

Gross Yield

4.4%

Vacancy Buffer

0.5 month / year

Monthly Holding

RM 1,936

What it means

Upside case. Only use after checking strong furnished rental evidence and tenant demand.

This is a decision guide, not a guaranteed return. It excludes personal tax, insurance, special assessment and future rate changes.

Rent figures are benchmark estimates pending verification against current nearby listings and Brickz / EdgeProp / NAPIC transaction evidence — this site does not invent transacted prices.

Cost and affordability check

Hidden cost guide

SPA / legal buffer (SPA = Sale & Purchase Agreement)RM 3,780
Stamp duty bufferRM 11,340
Loan agreement bufferRM 1,890
Renovation / move-in bufferRM 9,450

Confirm nett price, rebate and booking terms before paying.

Estimated cash to start

RM 37,800 down payment + RM 26,460 upfront buffers

The cash buffer figure shown in the calculator below already includes these upfront buffers.

Instalment assumes 90% margin, 4.2% p.a., 35 years — indicative of the current Bank Negara OPR environment; confirm actual rates with your bank.

Monthly Holding Cost

Quick guide only. Lewis can help check a more realistic bank package before you book.

Estimated instalment

RM 1,547

Maintenance guide

RM 281

Sinking fund guide

RM 28

Assessment & quit rent guide

RM 80

Monthly holding guide

RM 1,936

Cash buffer guide

RM 54,810

Instalment assumes 90% margin, 4.2% p.a., 35 years — indicative of the current Bank Negara OPR environment; confirm actual rates with your bank.

Same-area price comparison

Compare asking prices of nearby new launches in the same area and state for market context.

ProjectProperty TypeTenurePrice From
Riverville 2 ResidenceCurrentServiced ResidenceFreeholdRM 378,000
Radium ArenaServiced ResidenceFreeholdRM 436,000
Gen StarzServiced ResidenceFreeholdRM 593,000
Baron ResidenceServiced ResidenceLeaseholdRM 380,000
PV 22Serviced ResidenceLeaseholdRM 373,000

Location intelligence

Use this as a viewing checklist. Confirm exact travel time with Google Maps or Waze on your actual viewing day.

Nearest mall

Mid Valley City (~7.5km)

Nearest university / school

Sunway University & Monash University

Lewis investment analysis

Lewis's honest take: overall score, realistic rental yield, the main risks, and which alternatives to compare before you decide.

Worth studying, but only after confirming transaction evidence, rent, supply and unit selection.

Suitable for

First-Time BuyerOwn-Stay BuyerLong-Term Holder

Avoid if

Short-Term FlipperBuyer avoiding supply competitionBuyer needing immediate move-in

May not suit buyers who need confirmed walking distance to rail transit.

May not suit buyers who need to move in immediately or inspect the exact completed unit.

Risk

Medium

Holding Period

5-10 years

Confidence

7.5/10

Continue your research

FAQ and enquiry

Common buyer questions, related projects and a shorter enquiry form for next-step checks.

Buyer questions

Riverville 2 Residence is listed with a market listing reference price guide of From RM 378K. Final nett price, rebates, package, and availability should be confirmed with Lewis before viewing or booking.

More buyer questions (17)

Get price list, floor plans — or book a viewing

Enter your details and Lewis sends the latest price list, floor plans and rental-yield notes on WhatsApp. Usually within ~15 min (9am–9pm).

Usually replies within a few hours, 9am–9pm MYT (same as SGT).

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