Waltz Residence is a 3-bed and 4-bed WCT Land freehold development in OUG, Kuala Lumpur, in the Federal Territory (WPKL / DBKL). Type D is a 1,691 sqft dual-key unit (already two self-contained zones in the approved layout) and changes the room-rental case materially; the short-stay and partition cases still need the per-JMB by-law in writing.
What is known about Waltz Residence
SPEEDHOME has the following verified facts about the building, all from the developer's audited material (checked 2026-07-23):
- 2 towers (33 + 38 storeys), 419 units total
- Native layouts: 948 to 1,691 sqft (3-bed and 4-bed; Type D = 1,691 sqft dual-key)
- Freehold Residential tenure, DBKL jurisdiction (WPKL)
- 2020
- WCT Land developer; RM 0.38 psf indicative maintenance band
What is not known, and must be confirmed with the JMB or your lawyer before any operating decision is locked in:
- The JMB's by-law text on short-stay letting, multi-tenancy in 3-4 bed units, and pet policy
- The per-unit title category (residential-titled vs commercial-titled) on the individual issue document of title
- A Waltz Residence-specific dated rent record in SPEEDHOME's operator data
- The Waltz Residence-specific strata fee schedule (the JMB's annual budget is the source)
Waltz Residence project specific details
The Waltz Residence project facts (drawn from the SPEEDHOME operator DD pass dated 2026-07-23 and the developer's public project record). The primary fact anchor is building-public-facts-waltz-residence-oug-room-rental-investment-guide-2026-07-23 from facts.yaml.
- Developer: WCT Land.
- Area: oug.
- PBT jurisdiction: DBKL (DBKL).
- Approved unit mix: 3-bed / 948 sqft; 3-bed / 1080 sqft; 4-bed / 1275 sqft.
- Operating-model default: whole-unit long-term is the default per the building-investor-operator family contract.
The current Waltz Residence rent, dated per-unit title category, and per-MC by-law text are NOT publicly available and must be obtained from the management office. The DBKL jurisdiction is the practical anchor for any viewing or management contact. The approved unit mix and the developer record set the basis for the SPEEDRENO fit-out capex reference; a 3-bed / 948 sqft unit in Waltz Residence has the lean/premium capex range shown in the [Calculator] section below.
For the building-specific SPEEDRENO fit-out capex on a Waltz Residence unit, run the shared renovation ROI calculator below. The chart marks a higher-spend scenario as dominated when it produces no additional economic NOI.
Why this changes the decision
Three checks carry the verdict:
JMB stance on short-stay letting. Malaysia's Federal Court upheld a management corporation's power to prohibit short-term rentals through additional by-laws in Innab Salil v Verve Suites. The Waltz Residence rules are not in SPEEDHOME's records, so treat short-stay as unavailable until management confirms the current position in writing.
JMB stance on multi-tenancy in a 3-4 bed unit. The Strata Management Act allows a management body to make additional by-laws governing use of the building. Without the Waltz Residence rules in hand, room-rental remains conditional on written management confirmation.
Renovation approval. Waltz Residence is in WPKL. If you are considering internal partitions, read the current DBKL/COBKL renovation guidelines and obtain the management body's written approval before spending. Do not assume the title category or partition material alone makes the work permissible.
What to ask the MC / JMB / PBT
Bring this list to the management office or your lawyer and get each item in writing before locking in an operating model:
- The MC by-law number and the COB filing date for any clause that touches short-stay letting.
- The MC by-law number and the COB filing date for any clause that touches multi-tenancy in 3-4 bed units.
- The MC by-law number and the COB filing date for the pet policy.
- The annual budget: strata + sinking fund, expected special assessments, and the painting/renovation-restriction schedule.
- The issue document of title for your specific parcel — residential or commercial category.
- The JMB's position on a downstream submeter fitted after the TNB main meter, in writing.
What to do next
If you own a Waltz Residence unit or are considering one, the order of operations is:
- Pull the issue document of title for the unit. Confirm residential or commercial.
- Get the MC by-law text from the JMB. Confirm short-stay, multi-tenancy, pet, and submeter clauses.
- Get a SPEEDRENO quote for your specific unit type. RM15,000 is the starting scenario; the quote is the real number.
- Get a dated rent record for the past 6 months. SPEEDHOME's operator data has no Waltz Residence-specific record; the actual asking rent for similar units in the building is the real number.
- Run the calculator below with your actual numbers. The yield is the real yield, with renovation in the denominator.
- If the verdict is whole-unit long-term (the most likely case): list with SPEEDHOME. SPEEDRENO's RM 15K-20K rental-first fit-out is matched to Waltz Residence's 3-4 bed unit types.
- If the verdict is room-rental: the Room Rental & Co-Living Landlord Guide covers the legal setup. Confirm with the JMB in writing before signing any room-rental TAs.
- If the verdict is short-stay: read the Airbnb vs Long-Term Rental page and the JMB's by-law text together. The calculator's short-stay model is gated by default; the JMB's by-law text is the unlock.
Viewing / MC checklist
Bring this to the management office or your lawyer:
- [ ] MC by-law number and COB filing date for the short-stay clause
- [ ] MC by-law number and COB filing date for the multi-tenancy clause
- [ ] MC by-law number and COB filing date for the pet policy
- [ ] Issue document of title for the unit (residential vs commercial category)
- [ ] JMB annual budget (strata + sinking fund)
- [ ] JMB position on a downstream submeter (written)
- [ ] JMB position on pet policy in the building (written)
- [ ] Recent special-assessment history (last 3 years)
- [ ] Painting / renovation restriction schedule
Calculator
The Waltz Residence preset for the operating-model calculator is loaded below. Pick an operating model tab, enter your actual numbers, and the result region recomputes. The 4 models are distinct (long-term whole-unit, room-rental in existing bedrooms, co-living with amenity fees, and short-stay gated on the JMB). The short-stay model is blocked by default; the JMB gate is the unlock.
Loading the renovation ROI comparison…
FAQ
Whole-unit or by-room at Waltz Residence?
Whole-unit long-term is the default for Waltz Residence. Room-rental is workable in the existing approved bedrooms (no internal partition) but it is gated on the JMB's pet + multi-tenancy stance. The SPEEDRENO fit-out is the same scope for both; the operating model choice is independent of the capex.
Waltz Residence short-stay rules?
Do not assume short-stay is permitted. Obtain the JMB/MC by-law text in writing before considering this model. A written denial makes the model unsuitable for this parcel.
Pre-fit-out Waltz Residence verification?
The MC by-law text, the per-unit title category, and the JMB's renovation-approval turnaround. The SPEEDRENO standard fit-out is within the no-alteration scope for most projects; partition, kitchen relocation and air-conditioning trunking may require alteration approval under SMA 757 s.25. The shared calculator above lets the landlord model the lean vs premium capex against the dated rent.
Matched SPEEDHOME close
For a Waltz Residence 3-4 bed unit where the per-JMB verdict is whole-unit long-term, the matched SPEEDHOME close is the landlord service: tenant screening, stamped TA, monthly rent collection, renewal and renewal-tenancy cycle. List with SPEEDHOME once the calculator shows the yield you can live with and the SPEEDRENO quote is in hand: List with SPEEDHOME.
Waltz has a real layout split: do not blur it into one yield story
Waltz Residences is a whole-unit long-term candidate; its largest dual-key layout deserves a separate test, but it is not permission to operate an unapproved co-living or short-stay product. WCT identifies Waltz as a 419-unit freehold condominium in W City OUG, with two towers of 38 and 33 floors. Its published plans distinguish 3+1 layouts from a 1,691 sq ft dual-key Type D1. WCT’s Waltz project page is the strongest public reason to treat the large Type D differently from a standard three-bedroom unit.
For a Type B or C, the clean decision is a furnished family or professional-household tenancy. The investor needs a living room that works, storage and air-conditioning that is reliable, and an inspection of parking/lift access at the tenant’s likely commute time. Adding a room because a headline yield sheet expects it is the wrong move. For the Type D1, first verify the approved dual-key plan, meter arrangement and the management’s current tenancy and renovation rules. Its separate entrance may make two normal long-term tenancies operationally cleaner than an improvised room-by-room setup, but it still needs contractual and management confirmation.
WCT places Waltz next to KESAS and MEX within OUG. That can suit car-dependent households and tenants who want local retail close by. It also means the owner should test the chosen stack for highway noise and evening access. A premium furnished unit that overlooks traffic may not command the same rent as an inward-facing comparable; record that difference in the comparable sheet rather than hiding it inside a rent range.
Use three dated, same-layout comparables. The calculator starts with actual purchase price, strata statement, a modest repair reserve and an editable RM15,000 SPEEDRENO quote. Upgrade only after deciding who will rent the exact layout. In a 3+1, durable family storage and a practical dining/work zone can be worth more than decorative built-ins. In Type D1, quote each subspace separately and retain a reversible whole-unit fallback.
The downside is operational complexity masquerading as yield: two entrances, two tenant sets and more furnishing can turn a dual-key advantage into a vacancy-management problem. Request the latest by-laws, renovation handbook and arrears/special-levy history before committing. If those checks do not support the split, return to a straightforward whole-unit tenancy and confirm Zero Deposit only at qualifying-listing level.