Archives For Jalan Pinang

Kirana Residence

August 20, 2013 — 4 Comments

Kirana Residence, KLCCIt’s about time to give credit to the continued perseverance of prestigious developers in developing low rise condominiums to accommodate the growing demand — in this case, Amanah Capital Partners. The developer’s project, called Kirana Residence (also known as Kirana Condominium), is a freehold, low rise condominium that is located in the heart of the KLCC enclave.

The Kirana Residence is situated along Jalan Pinang. It stands next to Ascott Kuala Lumpur, and opposite of the Mandarin Oriental Hotel. Jalan Pinang is also where Marc Service Residence and One KL are at.

Click here
(and scroll down if needed) if you are looking for property listings for Kirana Residence.

Completed in 2000, this condominium is comprised of only 66 units, making one of the lower density apartments in the whole of KLCC. And as anyone who is familiar with the properties in KLCC would know, condominiums here are typically packed to the brim like sardines in a can in order to fully maximize the usage of the premium freehold land, so Kirana is a welcome change indeed. 😉

Additionally, while there are only 66 units in the building, it’s not uncommon to see many (more than 80 in the case of one property portal!) units are put on sale – but we do try to caution our readers to be wary of those listings because, well, there are lots of “bait and switch” schemes when it comes to upmarket properties. If you need us to research for legitimate listings available here at Kirana Residence, just let us know in this form. (The service is free).

Built-Up Areas

Picture of Kirana Residence on Jalan Pinang

Situated on Jalan Pinang, Kirana Residence boasts of a superior GoodPlace Walkability Score (GWS)

There are four layouts to choose from among Kirana Residence’s units. The first layout’s size range is from 2,231 square feet to 2,389 square feet. It comes with 2+1 bedrooms. Second layout is measured at 2,178 square feet to 2,247 square feet and is comprised of 2+1 rooms. The next layout’s size ranges from 3,206 square feet to 3,373 square feet. This one is more spacious, and comes with 3+1 rooms. The last layout is measured at 3,680 square feet to 3,843 square feet, with 4+1 rooms.

For the condominium’s facilities, residents are able to enjoy a fully-equipped gymnasium, a sauna, and a swimming pool. The condominium also has a business centre, as well as a mini-market, a salon, and a tennis court. Covered parking is provided to its residents, as well as a high-tech 24 hour security system.

Kirana Residence Price Details

The chart below shows the trending asking prices as collated from various public sources for the past few months:-

Superior Walkability

Out of the many KLCC condominiums, the properties along Jalan Pinang (Kirana Residence, One KL and Marc Residence among the few) enjoy superior walkability to nearby hotspots; it is of walking distance to Suria KLCC as well as to the watering holes of Jalan P Ramlee. Also, it shares amenities with Ascott which is a huge (plus) factor.

Our sister site GoodPlace.my has devised a proprietary methodology on scoring the walkability of a property on a scale from 0 to 100, with 100 being the maximum score. Kirana Residence scores a hefty 96. For more information on how to interpret this score, and for a free KLCC walkability map, click here.

Click on the shortcuts on the right hand side of this interactive map below to check where the closest amenities are.
[poiautomap address=”Kirana Condominium Jalan Pinang Kuala Lumpur Federal Territory of Kuala Lumpur” zoom=”15″]Kirana Residence[/poiautomap]

KLCC Living

Being located in KLCC instantly gives residents all the convenience they need. The area is thriving with posh shopping malls, classy restaurants, and fun bars and pubs to keep stress out of bay during the weekdays.

The KLCC park is located just a few minutes from the Kirana Residence. For a quick shopping fix, shoppers can head over to the Suria KLCC or Avenue K to get some dose of retail therapy. Restaurants that specialise in Asian, European, and American cuisine are easy to find. Jalan Ampang is famous for its Indian cuisine if one may need to satisfy a curry fix.

What’s interesting about the Kirana Residence is its sky bridge that is connected to neighbouring Ascott Kuala Lumpur. Residents may be able to enjoy the posh hotel’s amenities and facilities easily.

Night hounds would love KLCC’s definition of fun. The condominium is a few kilometres away from Jalan P Ramlee, a famous street known for entertainment. Pubs and bars crawl the area, as well as cafes and restaurants. All of these are within driving distance from the Kirana Residence. Sport enthusiasts can practice their golf swing at the nearby Royal Selangor Club.

Our Take

Most KLCC residents are aware of the fact how traffic jams in the KLCC area can become an annoyance. This may cause some worries for Kirana Residences’ residents, because roads become congested during peak hours. Being located close to Jalan P Ramlee can also pose as a problem—noise pollution and overcrowding, especially during the night, is quite common.

However, the Kirana Residences has one of the most strategic locations when it comes to condominiums in the KLCC area. It is near the Petronas Twin Towers, and residents may be able to enjoy an unobstructed view of this world-class heritage site from their units’ balcony.

[dc]I[/dc]t’s about time to give credit to the continued perseverance of prestigious developers in developing low rise condominiums to accommodate the growing demand — in this case, Amanah Capital Partners. The developer’s project, called Kirana Residence (also known as Kirana Condominium), is a freehold, low rise condominium that is located in the heart of the KLCC enclave. The Kirana Residence is situated along Jalan Pinang. It stands next to Ascott Kuala Lumpur, and opposite of the Mandarin Oriental Hotel. Jalan Pinang is also where Marc Service Residence and One KL are at. [spotlight role="switch"]Click here[/spotlight] (and scroll down if needed) if you are looking for property listings for Kirana Residence. [spotlight role="target"][feature_box title="Listings For Kirana Residence" title_color="fff" header_color="F5BA47"][listing][/listing][/feature_box][/spotlight] Completed in 2000, this condominium is comprised of only 66 units, making one of the lower density apartments in the whole of KLCC. And as anyone who is familiar with the properties in KLCC would know, condominiums here are typically packed to the brim like sardines in a can in order to fully maximize the usage of the premium freehold land, so Kirana is a welcome change indeed. 😉 Additionally, while there are only 66 units in the building, it's not uncommon to see many (more than 80 in the case of one property portal!) units are put on sale - but we do try to caution our readers to be wary of those listings because, well, there are lots of "bait and switch" schemes when it comes to upmarket properties. If you need us to research for legitimate listings available here at Kirana Residence, just let us know in this form. (The service is free). Built-Up Areas [caption id="attachment_1714" align="alignleft" width="360"] Situated on Jalan Pinang, Kirana Residence boasts of a superior GoodPlace Walkability Score (GWS)[/caption] There are four layouts to choose from among Kirana Residence’s units. The first layout’s size range is from 2,231 square feet to 2,389 square feet. It comes with 2+1 bedrooms. Second layout is measured at 2,178 square feet to 2,247 square feet and is comprised of 2+1 rooms. The next layout’s size ranges from 3,206 square feet to 3,373 square feet. This one is more spacious, and comes with 3+1 rooms. The last layout is measured at 3,680 square feet to 3,843 square feet, with 4+1 rooms. For the condominium’s facilities, residents are able to enjoy a fully-equipped gymnasium, a sauna, and a swimming pool. The condominium also has a business centre, as well as a mini-market, a salon, and a tennis court. Covered parking is provided to its residents, as well as a high-tech 24 hour security system. Kirana Residence Price Details The chart below shows the trending asking prices as collated from various public sources for the past few months:- [chart csv='http://klcccondominiums.com.my/data/kiranaresidence.csv' type='bar' category='Month' value='PSF' format='string, float' color='orange' title='Kirana Residence Asking Prices (PSF in MYR) - mouseover for details'][/chart] [feature_box title="Kirana Residences - Pricing Guide" title_color="fff" header_color="f96e5b"] [dc]C[/dc]urrently, listed asking prices for the Kirana Residences is estimated to be RM900 per square feet -…

SherpaScore: Kirana Residence

Location
Design
Amenities
Yield
Developer Reputation
Value for Money

Good

Located in a convenient place that can access almost all needs, and this is reflected in its superior GWS score. Kirana Residence has aged gracefully, and with prices at sub RM1,000 PSF there are bargains to be had.

User Rating: 2.07 ( 3 votes)
67

While the condominium is also one of the oldest among the KLCC enclave, one should not be worried about the condominium’s appearance and interiors. It is still well-maintained after all these years, thanks to the careful attention of its developers. Given this, plus the fact that the Kiara Residences offer top-notch facilities and its convenient location, potential investors and residents are most likely to be attracted to this condominium.

Although there are less than 70 units in total, you will notice that there are often a sizable number of units being advertised for sale at property portals. This may be a sign of elaborate “bait and switch” schemes. We can help narrow down the list and identify only the legitimate listings for you to consider. Click here to access this service (it’s free).

Kirana belongs to the “first generation” of KLCC condominiums, and the age indeed shows. Many investors would buy for the rental market which is rather healthy but competitive (other short lets in the area include Fraser Place and Crown Regency) – and if you’re going after this market then you’d be advised to carefully analyze the price you pay so that the rental yield makes sense for you. To do this, download our property valuation guide –

bawah

Marc Residence

August 19, 2013 — 13 Comments

Marc Residence (or officially known as Marc Service Residence) is located within the KLCC enclave, and has the reputation of being one of the most prestigious real estate developments in the Klang Valley. The prices can be prohibitively expensive, but it’s well worth the investment if affordability is not an issue. The prices have tapered a little over the past year or two, and that could present a window of opportunity for investment.

Click here
(and scroll down if needed) if you are looking for property listings for Marc Residence.

Note: It does seem that there are lots of choices of available units if you’d look at the listings at the local property portals, but we do notice that there are lots of “stale” listings which have not been removed by the prospective agents. Since I look at listings and talk to agents everyday, I am able to quickly sift through the “crap” listings in order to identify the legitimate ones for rent or for sale. If you’d like us to do the research for you, get in touch with us using this handy form here. The service is free. 🙂

Now back to Marc Residence…

Launched in the third quarter of 2007 at the price of MYR700 PSF, the price has gone up in the last few years – with some units demanding double the launch price even. A freehold serviced residence, Marc Residences is developed by Beverly Tower Development (in collaboration with Singapore’s CapitaLand) and located on Jalan Pinang – a stone’s throw away from the Petronas Twin Towers. It is directly opposite OneKL – which gets its own review here. Ascott and Kirana Residences is further down the road.

Marc Service Residence entrance

A handsome signage with a tasteful art piece greets you at the entrance to the Marc Service Residence

Do You Fit Into The Buyer’s Profile?

Marc Residences is targeted at the higher end buyers  – make no mistake about it. Sub-sale prices has gone to about MYR1,200 PSF at the time of writing this article – well above the average even for KLCC condominiums. Correspondingly, rentals can fetch as much as RM18,000 for the upper-range penthouse!

See the infographic below for comparison with some other condominiums in KLCC.

asking-price-may-13

Consisting of two blocks with 35 stories each, there are four layouts to choose from – ranging from one to four rooms per apartment (496 – 3,626 sq ft). The biggest four-room apartments boast of private elevators – a major selling point for some discerning buyers.

Update: According to our industry sources, prices have been going on an upward trend recently with the re-emergence of investors from East Asia. The smaller units now command a higher PSF price of RM1,500+ with the bigger units now getting closer to the RM1,400+ level. Is this, however, fair price to pay? Find out for yourself – use our simple property valuation guide to help you make wiser investment decisions – go here to download your free copy.

The facilities are rather off-the-mill with your usual gyms, (a common) swimming pool, tennis courts, playground and common rooms. They are well-maintained and definitely worth the premium that you’ll pay for in terms of the maintenance fees.

Insider Gossips

As with any other KLCC condominium, Marc Residence is rife with insider stories and gossips that we continue to receive from our regular readers who come from different backgrounds in the industry: agents, buyers, sellers, investors, developers and property managers. Below are some of these stories which may give you an alternative point of view on the property. Disclaimer: as we have not independently verified the accuracy or the timeliness of the information presented below, we are not responsible for the actions you choose to take resulting from consuming this information. Thank you for understanding.

[to_like id=”1377″]Some of the prospective buyers that we spoke to seemed to prefer investing in the units branded as “Marc Service Suites” even though they are at a +25% premium over the regular units. These branded suites are managed by Ascott (which also manages Kirana Residence), and comes with a guaranteed yield (although this may have changed). With rental yield continue to dip downwards this may be a good proposition for investors although the premium may be hard to justify for some.[/to_like]

Got a “gossip” to share? Email us at: jarvis@klcccondominiums.com.my 🙂

Location: Near The Nerve of KLCC

Being in the heart of the KLCC enclave could be problematic as far as private transportation is concerned. The KLCC area is somewhat infamous for its massive traffic jams, and if you want to live in the area then it’s advisable that you work here as well. Otherwise you’ll spend lots of time on the road battling the traffic daily…Marc Residence tower

The typical tenant here at Marc Residences would be a career-oriented person, always on the go, has got the budget to enjoy the finer things in life, single or maybe has a small family, doesn’t mind the hustle and bustle of the city, and probably works within the KLCC enclave as well (perhaps in the Petronas Twin Towers). There is also a rather significant number of expatriates living in Marc Residences. These are typically international executives attached to multinationals on short leases.

There is a Delicious cafe on the ground floor, serving delicious local and Western fare. It’s a great place to have tea on a lazy Sunday afternoon…

If you can deal with the public transport then you’re in luck – the KLCC area is well connected by the major bus lines as well as the LRT and Monorail. It is also just next to the Golden Triangle which may well be the busiest area in the entire Kuala Lumpur (and nay the Klang Valley).

Walkability Information

Occupying one of the prime-st locations in the whole of the KLCC enclave, it’s no surprise that many amenities are within walking distance. Marc Residence’s GoodPlace Walkability Score (GWS) is 96, which is one of the highest ever for a KL city condominium. Use this interactive map below to check where the closest amenities to the Marc Service Residence are (toggle the hotspots using the shortcuts in the right sidebar).
[poiautomap address=”Marc Residence Jalan Pinang Kuala Lumpur” zoom=”15″]Marc Residence[/poiautomap]

  • For more information on what the GWS means, and to download a beautiful KLCC map complete with the walkability scores of most KLCC condominiums, click here.

Our Take

Marc Residence has the advantage of occupying one of the best locations in the heart of Kuala Lumpur, and as with any city condominium in a central location, it’s usually a little older than the rest. However, it looks rather well maintained so far, and the Marc Service Suites being managed by the neighbouring Ascott we can perhaps safely assume that the maintenance will continue to be of high standard.

[dc]M[/dc]arc Residence (or officially known as Marc Service Residence) is located within the KLCC enclave, and has the reputation of being one of the most prestigious real estate developments in the Klang Valley. The prices can be prohibitively expensive, but it's well worth the investment if affordability is not an issue. The prices have tapered a little over the past year or two, and that could present a window of opportunity for investment. [spotlight role="switch"]Click here[/spotlight] (and scroll down if needed) if you are looking for property listings for Marc Residence. [spotlight role="target"][feature_box title="Listings For Marc Residence" title_color="fff" header_color="F5BA47"][listing][/listing][/feature_box][/spotlight] Note: It does seem that there are lots of choices of available units if you'd look at the listings at the local property portals, but we do notice that there are lots of "stale" listings which have not been removed by the prospective agents. Since I look at listings and talk to agents everyday, I am able to quickly sift through the "crap" listings in order to identify the legitimate ones for rent or for sale. If you'd like us to do the research for you, get in touch with us using this handy form here. The service is free. 🙂 Now back to Marc Residence... Launched in the third quarter of 2007 at the price of MYR700 PSF, the price has gone up in the last few years - with some units demanding double the launch price even. A freehold serviced residence, Marc Residences is developed by Beverly Tower Development (in collaboration with Singapore's CapitaLand) and located on Jalan Pinang - a stone's throw away from the Petronas Twin Towers. It is directly opposite OneKL - which gets its own review here. Ascott and Kirana Residences is further down the road. [caption id="attachment_265" align="aligncenter" width="420"] A handsome signage with a tasteful art piece greets you at the entrance to the Marc Service Residence[/caption] Do You Fit Into The Buyer's Profile? Marc Residences is targeted at the higher end buyers  - make no mistake about it. Sub-sale prices has gone to about MYR1,200 PSF at the time of writing this article - well above the average even for KLCC condominiums. Correspondingly, rentals can fetch as much as RM18,000 for the upper-range penthouse! See the infographic below for comparison with some other condominiums in KLCC. Consisting of two blocks with 35 stories each, there are four layouts to choose from - ranging from one to four rooms per apartment (496 - 3,626 sq ft). The biggest four-room apartments boast of private elevators - a major selling point for some discerning buyers. Update: According to our industry sources, prices have been going on an upward trend recently with the re-emergence of investors from East Asia. The smaller units now command a higher PSF price of RM1,500+ with the bigger units now getting closer to the RM1,400+ level. Is this, however, fair price to pay? Find out for yourself - use our simple property valuation guide to help you make wiser investment decisions -…

SherpaScore: Marc Residence

Location
Design
Amenities
Yield
Developer Reputation
Value for Money

Very Good

Uber excellent location, modern design, excellent amenities. Marc Residence is etched permanently in the upper tier of KLCC condominiums, and deservedly so.

User Rating: 4.04 ( 5 votes)
85

If it’s within your budget the Marc Residence is well worth the investment in our opinion – but only if you are able to procure a unit which is below the “fair market value“. You can find out for yourself how much a unit at Marc Service Residence is worth using a free guide courtesy of GoodPlace.my which we will email you once you filled in this form below –

klcc-re

One KL

August 1, 2013 — 49 Comments

94 apartments, 95 pools. This is the intriguing tagline which sells OneKL almost by itself. Developed by ONE KLCC Sdn Bhd – don’t be fooled by its generic name; it’s in fact owned by Chua Ma Yu – which is also the developer behind St Regis Residences. There a back story about the developer of OneKL which can be found in this news article here.

Click here
(and scroll down if needed) if you are looking for property listings for One KL (for sale and for rent).

OneKL-condoThere only one configuration available – 3,300 square feet units complete with private swimming pool, duplex with 4+1 bedrooms, built-in wardrobes, touch screen home automation system – the full works. OneKL also boasts of being the closest one can ever find to the Petronas Twin Towers. No mean feat indeed…

One KL also bears a rather distinctive, trendy facade which sets it apart from other condos in the KLCC area. If you’re wondering why the design seems to share some traits with the older Dua Residency condominium on Jalan Tun Razak then, well, they share the same designer. 🙂

The developer also reasoned that if you could afford a unit here then you’ll probably drive a Lambo or a Ferrari – and so the development is designed to be sports car friendly. So no problem parking your brand-spankingly new Aventador then… 😉

So who typically lives here in OneKL?

Someone in the upper social strata, always on the go, enjoying the bachelor life or even has a small family, and prefers to live in a busy, action-packed city instead of the quieter suburban area (like Petaling Jaya) or the countryside. There is also a sizable expatriate population here in One KL KLCC who are typically on shorter (1-2 year) leases on international assignments.

OneKL Prices Information

The chart below shows the trended asking prices for One KL for the past couple of months:

Use the chart above for trending purposes. If you’d like a ballpark figure on OneKL’s fair market value then use our simple pricing framework – download here.

KLCC condominiums are somewhat (in)famous for being unabashedly luxurious, and One KL is on the very top of the range even by KLCC standards. Back in 2009 there were units were sold at a record high of about RM2,000 per sq ft. Currently (at the time of writing this blog post) the sub-sale price is about RM1,600 per sq ft with rental fetching as much as RM22,000 per month (yes, even more expensive than the exquisite Binjai On The Park). Not for peasants…

Facade of OneKL condominium, KLCC

Entrenched firmly in the upper echelons of KLCC condominiums, OneKL is as exquisite as it gets

As observed by KLCCcondominiums.my reader EC (read his blog comments below – he bought a unit here), price tends to fluctuate a bit, and he managed to secure a unit at half the peak price end of 2012. Prices are indeed creeping up back again, and this perhaps is the mark of another bull run in the KLCC property market, reminiscent of the heydays of 2006-2007.

The fact that the pricing of these luxury condominiums are rather inelastic could be due to the fact that the buyers of these units are possibly passive investors who are parking their monies here in Malaysia with no urgency for liquidity. That being said, there’s bargains to be had; it’s just that the market is rather more ‘opaque‘ than usual.

OneKL’s Location: Right Smack In The Middle Of The Action

One KL, KLCC

One KL – right beside Marc Service Residences

If there’s one “bad” thing about the KLCC enclave is it’s central location in the middle of the capital city of Kuala Lumpur – which means that it is practically engulfed in massive traffic during peak hours. If you want to live here, then it makes lots of sense to work here (or somewhere in the Central Business District) as well.

Being inside the KLCC area means that private transportation could be a major concern for some. If you work elsewhere, then batten down your hatches and brace yourself to face the traffic every weekday…

Now if you don’t mind dealing with public transportation then you will be pleased to find that the area is well connected to the rest of Kuala Lumpur with its frequent buses and train lines (Monorail and Light Rapid Transit or LRT). Also, its proximity to the main shopping area (Jalan Bukit Bintang, or known more by its fancy moniker “Bintang Walk”) is a major selling point amongst prospective buyers and renters who are interested in KLCC condos and apartments.

OneKL is as central as it gets in the KLCC enclave – the Petronas Twin Towers are completely in-your-face and you can walk up to the KLCC park in 5 minutes (200m away). Marc Service Residence is on the opposite side of the road. Further down Jalan Pinang is The Ascott and the Impiana Hotel.

Walkability Score

The following map shows the location of One KL and the nearby amenities (use the icons on the right) –
[poiautomap address=”One Kl Jalan Pinang Kuala Lumpur Federal Territory of Kuala Lumpur” zoom=”15″]One KL[/poiautomap]

GoodPlace.my has devised a methodology on measuring a property’s walkability (more information here); One KL’s “GoodPlace Walkability Score” is a high 96 (out of a possible 100). This should not come as a surprise to anyone who is familiar with the property; the fact is that it’s only 300m from Suria KLCC means that almost every important amenity is accessible by foot.

To download a free high resolution KLCC Walkability Map, click here.

For benchmarking purposes: the GWS scores for comparative properties are as follows:-

  1. Pavilion Residences – 99 (situated right on top of the Pavilion Mall)
  2. The Mews – 77 (on Jalan Yap Kwan Seng; there are limited amenities which are reachable by foot)
  3. Troika – 81 (in the Binjai area; it’s possible to have a stroll to Suria KLCC at 1km away)
  4. Setia Sky Residences – 72 (off Jalan Tun Razak which is nearer to Kampung Baru than to KLCC)
  5. Marc Residence – 96 (opposite One KL)

What We Think

Thinking back, OneKL’s launch in the KLCC enclave in 2009 immediately stood it on its head – the pricing firmly places it on the top tier of KLCC condominiums. There were reports that units changed hands at RM2,000 PSF even as far back in 2009 – although we have not verified this ourselves. The current asking prices at the local property portals seem to range from a “lowly” RM1,200 PSF to as high as RM1,600 PSF.

[dc]9[/dc]4 apartments, 95 pools. This is the intriguing tagline which sells OneKL almost by itself. Developed by ONE KLCC Sdn Bhd - don't be fooled by its generic name; it's in fact owned by Chua Ma Yu - which is also the developer behind St Regis Residences. There a back story about the developer of OneKL which can be found in this news article here. [spotlight role="switch"]Click here[/spotlight] (and scroll down if needed) if you are looking for property listings for One KL (for sale and for rent). [spotlight role="target"][feature_box title="Listings For One KL" title_color="fff" header_color="F5BA47"][listing][/listing][/feature_box][/spotlight] There only one configuration available - 3,300 square feet units complete with private swimming pool, duplex with 4+1 bedrooms, built-in wardrobes, touch screen home automation system - the full works. OneKL also boasts of being the closest one can ever find to the Petronas Twin Towers. No mean feat indeed... One KL also bears a rather distinctive, trendy facade which sets it apart from other condos in the KLCC area. If you're wondering why the design seems to share some traits with the older Dua Residency condominium on Jalan Tun Razak then, well, they share the same designer. 🙂 The developer also reasoned that if you could afford a unit here then you'll probably drive a Lambo or a Ferrari - and so the development is designed to be sports car friendly. So no problem parking your brand-spankingly new Aventador then... 😉 So who typically lives here in OneKL? Someone in the upper social strata, always on the go, enjoying the bachelor life or even has a small family, and prefers to live in a busy, action-packed city instead of the quieter suburban area (like Petaling Jaya) or the countryside. There is also a sizable expatriate population here in One KL KLCC who are typically on shorter (1-2 year) leases on international assignments. OneKL Prices Information The chart below shows the trended asking prices for One KL for the past couple of months: [chart csv='http://klcccondominiums.com.my/data/onekl.csv' type='bar' category='Month' value='PSF' format='string, float' color='orange' title='One KL Asking Prices (PSF in MYR) - mouseover for details'][/chart] Use the chart above for trending purposes. If you'd like a ballpark figure on OneKL's fair market value then use our simple pricing framework - download here. KLCC condominiums are somewhat (in)famous for being unabashedly luxurious, and One KL is on the very top of the range even by KLCC standards. Back in 2009 there were units were sold at a record high of about RM2,000 per sq ft. Currently (at the time of writing this blog post) the sub-sale price is about RM1,600 per sq ft with rental fetching as much as RM22,000 per month (yes, even more expensive than the exquisite Binjai On The Park). Not for peasants... [caption id="attachment_238" align="aligncenter" width="450"] Entrenched firmly in the upper echelons of KLCC condominiums, OneKL is as exquisite as it gets[/caption] As observed by KLCCcondominiums.my reader EC (read his blog comments below - he bought a unit here), price tends to fluctuate a…

SherpaScore: One KL

Location
Design
Amenities
Yield
Developer Reputation
Value for Money

Very Good

Exquisitely charming and a formidable high rise in the heart of KLCC. This is one development that's hard to miss - one of its kind as each apartment is equipped with its own private pool. It couldn't get better than that.

User Rating: 2.94 ( 10 votes)
83

Agree or disagree with the ratings above? Tell us in the blog comments section below. 🙂

We have seen a “proliferation” of listings for One KL in the last couple of months in the property portals – and while many of these seem legitimate, there could be some which are part of bait and switch schemes. If you’d like us to vet through the listings and narrow down the legitimate ones, contact us using this form. The service is free, and you don’t need to buy anything from anyone.

There is probably limited upside to the asking price for now, but as with any property investment the prices tend to “self-correct” to its true market value in the long run. To find out what’s the “fair” price to pay for a unit here at One KL, use this valuation guide courtesy of GoodPlace.my –

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