Living in the heart of the city has become a statement among the young and the hip — something Mayland noted down and definitely took into consideration when it developed the latest and brightest condominium to grace the skyline of KLCC. The Regalia is the perfect abode for city-dwellers—those with active lifestyles, a fast-paced everything, and a great sense of style and taste.
Click here(and scroll down if needed) if you are looking for property listings for Regalia.
Situated off Jalan Sultan Ismail (just like Cendana), it stands on 2.5 acres of freehold land. There’s a ramp which connects to the Regalia off Jalan Sultan Ismail. Accessibility is fantastic with the Sultan Ismail and PWTC LRT stations well within walking distance. KLCC is about 4km away.
Walkability is a major selling point for KLCC condominiums, and the GoodPlace Walkability Score (GWS) is a measure of how strategically located a property is. The GWS for the Regalia is 89 (for more information on how to interpret this score, and to download a free KLCC walkability map, click this).
The map below shows where the closest amenities to the Regalia are. Do click the icons on the right hand bar.
[poiautomap address=”Regalia @ Sultan Ismail Jalan Kuching Kuala Lumpur Federal Territory of Kuala Lumpur” zoom=”15″]Regalia, Sultan Ismail[/poiautomap]
Asking prices for The Regalia @ Sultan Ismail has been steady at an estimated RM750 per square feet ever since 2012. Currently, the asking price for the condominium has increased to almost RM820 per square feet, an increase from its previous price of RM800 per square feet last May 2013.
Note that these are asking prices collated from various sources, and for the transacted price you’d be advised to obtain the information directly from JPPH. A guide on how to do this can be downloaded here.
Note that with many properties in the KL city is already breaching the RM1,000 psf median price point, and Regalia may well be one of the more affordable properties in the city centre. The launch price was approximately RM500 psf on average; units with KLCC view obviously fetch better prices.
The section below contains some opinions and “gossips” from industry insiders, agents and buyers – unlock with a Facebook “like” in order to read. We do have to caution you that the gossips are not verified independently – use them at your own risk, and certainly don’t let them influence your investment decisions. 😉
Layout & Facilities Information
There are a total of five unit layouts for you to choose from should you decide to own or rent a unit at the Regalia, with unit sizes starting from 515 square feet to 1,870 square feet. Here are the sizes for all layouts:
- Layout A6: 515 square feet
- Layout B2: 560 square feet
- Layout B8: 740 square feet
- Layout C3: 890 square feet
- Layout C5: 924 square feet
- Layout D2: 1,240 square feet
- Layout D9: 1,290 square feet
- Layout E2: 1,811 square feet
- Layout E6: 1,870 square feet
These units are housed in three blocks (named rather unimaginatively as A, B and C). Block A has 37 floors, B has 35 and C has 34.
Modern living sure demands a lot of luxury to go along with it—and Mayland has made sure that The Regalia will only offer the best to the best. The condominium boasts of a CCTV room to ensure that all of its residents are safe. In addition, there is also a function and a multi-purpose hall perfect for events and big banquets. Housekeeping services are also offered. There is a games room, a gymnasium, a squash court, a surau, a bistro and a bar, and a nursery. The condominium also has an infinity pool, a tropical garden, a roof garden, and a sky lounge. A wifi centre is also available exclusive only to the condominium’s residents. There’s a rather nice infinity pool (on the rooftop of Block A) which offers a rather nice view of the city skyline. I’m a huge fan of skyline views, and I was not disappointed. 🙂
Do note that there are a couple of units which are being rented out as hotel rooms (under the moniker “Regalia Residences“). These are being leased out at the rate of RM4,500 to RM11,000 per month (approximate figures) – use this as a “comp” benchmark if you want to figure out how to price the rental of a unit here. Rental of units which are partially furnished should be at the RM2,500+ level. Unfurnished units should start at about RM2,000.
About The Developer
Mayland (official website is linked here) has already become one of Kuala Lumpur’s premier developers — having developed a string of luxury condominiums within Kuala Lumpur and other parts of Malaysia. It includes Parkview, Windsor Tower, and Plaza Damas 3 (profiled here). With the constructing of Regalia, the developer had the young and modern in mind by providing living spaces that offer everything one needs.
There have been complaints about traffic congestion surrounding the Regalia, but if one opts for city life then traffic jams is something which should already be factored into the decision. Being in the centre of the Kuala Lumpur city is already a vibrant thing on its own, what more if you live right in the heart of it? Well, Mayland made sure for this to be possible with The Regalia. Fun, entertainment, shopping, and great dining experiences all come into play in this one place. Malls are abundant—Kuala Lumpur’s best malls are only within walking distance from The Regalia. Apart from shopping malls, cafes, bookstores, pubs, and clubs line the downtown area—so one would never be in for a long and boring night.
The RM800-ish PSF price point is also fair given its location, and can be an outright bargain if you compare it with some condominiums which are more “central” in their location but with less facilities. Also, we like the small-ish spaces which makes the total price more accessible (compared to the bigger apartment units typically found at, say, Residensi Kia Peng or the Avare). Worthy of consideration if you’re looking for a studio or a small apartment in the city with a lower price but with all the usual perks and facilities you’d expect from an upmarket city condominium.
It does seem that the price is a major selling point for the Regalia, but it’s important to realize that “low” does not necessarily mean “cheap”. To figure out what’s the fair price to pay for Regalia, use this property valuation guide which you can download for free below after you enter your name and email address –