Soho Suites KLCC

February 10, 2014 — 13 Comments

Situated between Wisma Hong Leong and Menara Bank Islam is the latest condominium to grace KLCC’s skyline – the Soho Suites @ KLCC. Developed by Jadepot Development (subsidiary of Monoland), this condominium that is developed on freehold land is set to be completed by the end of 2013. As its name suggests, the Soho Suites is made up of residential and business office spaces. But unlike other small office-home office units, the condominium has separate lifts and internal passages that separate the “home” versus “professional” setting for its residents.

Logo for Soho Suites, KLCCThe Soho concept is all the rage these days; with the worsening of traffic jam conditions in Kuala Lumpur it seems that the “work and live” concept is catching on rapidly. Within KLCC, the options for Soho units seem to be limited to Binjai 8, some selected units at Troika and a few other places. Elsewhere, places like Gateway Residences in the Mont Kiara area are also gaining good traction.

Disclaimer: my ex-landlord Alice Ng of Amazing Place is an owner of one of the units here, and she’s a wonderful lady and a pretty savvy real estate investor. And so if Soho Suites is good enough for her then you know you’ve got a gem in your hands. 🙂

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

About the Developer

Jadepot Development is a developer which is also subsidized by Monoland Corporation. Having a long list of properties already under its belt, Monoland Corporation has indeed become one of Malaysia’s property giants. Its developments since the early 1990s include The Oval, Gurney Park, Oval Tower, Vipod Suites, and Quadro Residences. The Soho Suites @ KLCC is its latest addition to its already stellar line-up of property developments.

Kuala Lumpur skyline

Some units have the unobstructed view of the KL Tower as well as KLCC

While Monoland has somewhat attracted controversy over some of its projects (especially those which are in the luxury segment), it’s undeniable that it has been a rather prolific player; it has been rolling with the proverbial punches with each and every launch. Still, its projects get snatched up pretty quickly given its “mass prestige” positioning – luxury condominiums at affordable entry prices. Its Vipod Suites project is rocking it with demand far outstripping supply – you can check out the comments section in our reviews page (click here) just to see how “hot” this property is.

Will Soho Suites repeat Vipod’s success? Early indications show that it will. Mark our words. 🙂

Build Area and Layouts

The condominium has two blocks which separates the small offices or business offices with the residential apartments. In total, it is comprised of five blocks, namely:

  • Zone RA (Residential Apartment) 1
  • Zone RA 2
  • Zone CO (Corporate Office)
  • Zone SO (Suite Office)
  • Zone SA (Suite Apartments)

These zones are all serviced by four lifts that serve four units per storey. To keep the exclusivity and professionalism, so to speak—the business/office lifts are designated to stop only at office floors. This allows for a residential “ambience”, as well set a professional tone for a professional setting.

There are two types of units: a simplex and a duplex. Its duplex units comprise of two storeys. Its simplex units are single-storey units. The condominium’s Service Residential Apartment is connected to the Corporate Office which is located on a different block. Built-up areas for units start from 601 square feet to 877 square feet. The floor plans can be found here at its official site.

The facilities are not too shabby either. There is a lounge located on the condominium’s rooftop that houses everything one could ask for—a health fitness centre, a timber pool deck complete with sun loungers, a sauna and steam room, a café, a bar, an alfresco lounge, poolside cabanas with sofa beds, and a 25 metre lap swimming pool. The condominium also has a launderette to service its residents, and a convenience store.

Location: KLCC

Soho Suites @ KLCC is located along Jalan Perak, off Jalan P Ramlee right in the heart of KLCC, Kuala Lumpur. This being said, it’s no doubt how its residents can enjoy the best Kuala Lumpur has to offer—the nightlife, the culture, and its people. Being in KLCC gives residents access to entertainment spots, hotels, hospitals, and schools. St John’s Primary School is just within walking distance; while Lai Meng Primary School is also just nearby. There are also surrounding hospitals, including Tung Shin Hospital and the Prince Court Medical Centre. Shoppers would get their fix at the nearby Suria KLCC, Pavilion, and Avenue K.

Buyers tend to flock to KLCC condominiums because of their purported closeness to amenities that matter (although this may not be true for some apartments in this area; case in point: the properties that line up Jalan Yap Kwan Seng). The fact that Soho Suites are located on a very central (and hence very accessible) Jalan Perak means that its “walkability factor” is decidedly high. In fact, its GoodPlace Walkability Score (a measure by our sister site GoodPlace.my which scores a property’s walkability from 0 to 100) is a high 92.1

This map below to shows the closest amenities to the Soho Suites (click on the icons on the right).
[poiautomap address=”3.153478,101.710285″ zoom=”15″]Soho Suites @KLCC[/poiautomap]

Soho Suites Prices

The SoHo concept is definitely attracting a new wave of investors and property-buyers, and it seems like it is only the beginning. Recent successful properties that employ the SoHo concept are Axis Sohu and Empire Subang—and it appears that the Soho Suites @ KLCC is following suit. If one would compare the condominium’s price (sub sale price is listed at RM700 per square feet at the time of publication) versus its neighbouring condominiums in the KLCC district, it would be observed how it is priced lower, even if it’s a KLCC address. Plus, with all those amenities and facilities to boot, it’s definitely a bargain.

Here’s a chart depicting the asking prices for the past few months where available:-

It’s now a far cry from the RM700+ PSF launch price, and as we have gathered from our agent friends, there are no more developer units left during the time of the update of this review.

What We Think

Dubbed as the final piece that comprises Monoland’s “KLCC Trinity” (the other two being Quadro and Vipod), Soho Suites hold much promise. It decidedly targets a smaller niche of the usual KLCC buyers with its smaller sized units (less than 1,000 square feet a piece), and this means that even at prices above RM1,000+ PSF (the median asking price of KLCC condominiums at the time of review) the prices are still less than RM1 million. Given that the prices of KLCC apartments are now on the uptick again, this is much welcome news for many middle-of-the-range buyers and investors.

[dc]S[/dc]ituated between Wisma Hong Leong and Menara Bank Islam is the latest condominium to grace KLCC’s skyline - the Soho Suites @ KLCC. Developed by Jadepot Development (subsidiary of Monoland), this condominium that is developed on freehold land is set to be completed by the end of 2013. As its name suggests, the Soho Suites is made up of residential and business office spaces. But unlike other small office-home office units, the condominium has separate lifts and internal passages that separate the “home” versus “professional” setting for its residents. The Soho concept is all the rage these days; with the worsening of traffic jam conditions in Kuala Lumpur it seems that the "work and live" concept is catching on rapidly. Within KLCC, the options for Soho units seem to be limited to Binjai 8, some selected units at Troika and a few other places. Elsewhere, places like Gateway Residences in the Mont Kiara area are also gaining good traction. Disclaimer: my ex-landlord Alice Ng of Amazing Place is an owner of one of the units here, and she's a wonderful lady and a pretty savvy real estate investor. And so if Soho Suites is good enough for her then you know you've got a gem in your hands. 🙂 [spotlight role="switch"]Click here[/spotlight] (and scroll down if needed) if you are looking for property listings for Soho Suites. [spotlight role="target"][feature_box title="Listings For Soho Suites" title_color="fff" header_color="F5BA47"][listing][/listing][/feature_box][/spotlight] About the Developer Jadepot Development is a developer which is also subsidized by Monoland Corporation. Having a long list of properties already under its belt, Monoland Corporation has indeed become one of Malaysia’s property giants. Its developments since the early 1990s include The Oval, Gurney Park, Oval Tower, Vipod Suites, and Quadro Residences. The Soho Suites @ KLCC is its latest addition to its already stellar line-up of property developments. [caption id="attachment_1948" align="alignright" width="235"] Some units have the unobstructed view of the KL Tower as well as KLCC[/caption] While Monoland has somewhat attracted controversy over some of its projects (especially those which are in the luxury segment), it's undeniable that it has been a rather prolific player; it has been rolling with the proverbial punches with each and every launch. Still, its projects get snatched up pretty quickly given its "mass prestige" positioning - luxury condominiums at affordable entry prices. Its Vipod Suites project is rocking it with demand far outstripping supply - you can check out the comments section in our reviews page (click here) just to see how "hot" this property is. Will Soho Suites repeat Vipod's success? Early indications show that it will. Mark our words. 🙂 Build Area and Layouts The condominium has two blocks which separates the small offices or business offices with the residential apartments. In total, it is comprised of five blocks, namely: Zone RA (Residential Apartment) 1 Zone RA 2 Zone CO (Corporate Office) Zone SO (Suite Office) Zone SA (Suite Apartments) These zones are all serviced by four lifts that serve four units per storey. To…

SherpaScore: Soho Suites KLCC

Location
Design
Amenities
Yield
Developer Reputation
Value for Money

Very Good

With Soho units fast becoming the new age favorite for convenient and practical living, there's no doubt that Soho Suites is drawing the young urbanites. Good design, layout and ample size (even for Soho units) for a truly modern and fulfilling lifestyle.

User Rating: 4.26 ( 4 votes)
76

With the scarcity of land inside the KLCC enclave the general sentiment is that the Soho Suites would indeed be one of the last few sub-RM1 million opportunities available – and this has been reflected in the healthy take up rates since its launch. Indeed, its RM700+ PSF launch price was its main selling point, and with some of the best “trimmings” in the market (designer fittings, branded appliances, unobstructed KL Tower and Petronas Twin Tower views) the appeal is quite obvious.

As we have heard, there are no more developer units available, and this means that the only way to get a Soho Suites unit is through the sub sale market. If you’d like us to help you narrow down the choices and get a list of legitimate listings for you, utilize our free DealFinder service – click here.

As far as the pricing goes, we have seen asking prices reach as high as RM1,500 PSF in the local listings – which represents more than 200% increase from its launch price. Some may argue that this is above fair market value and therefore unsustainable, but without closer look it’s really hard to tell. Use GoodPlace.my’s property valuation guide which you can download below for free to help you figure out if the asking price is worth it –

bawah

  1. For more details on the Walkability Score, and to download a free KLCC Walkability Map, click here.
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Khai Yin

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Apart from looking at and writing about nice apartments, I enjoy eating out (enchiladas!), working out (#beastmode!) and rocking out (Trivium rules!). My daughters Daphne Wenyi and Chloe Qinyi keep me sane. Visit my other blog at GoodPlace.my :)

13 responses to Soho Suites KLCC

  1. I’ve a unit at SOHO@KLCC, 610sqft, 1+1 facing rising sun, 21st floor, have fixed downlights, awaiting curtains soon, open for sale or rental fully furnished

  2. Hi Khai Yin,

    It’s me again, previous buyer of Vipod suites at 1700psf.
    Went to have a look at Soho suites over the weekend and we love that area. Our personal rating for this area, I think it’s better than Vipod. I love the privacy within Jln Perak with the fenced walkway. But the pool area can never beat Vipod’s rooftop pool!

    Many units going at 1450psf. Personally I think it’s a good buy. Checked the ratings at your website and am happy to see the good rating.

    Awaiting for my banker confirmation today.

  3. Hello Khai Yin,

    I’m planning to buy a soho unit and rent to expats/short term stay/travelers.

    Based on your opinion, is there any high/constant demand to rent out to this group of people?

  4. I am looking for a two bedroom unit at Block A1 or A3 of Soho. Please contact me and leave the info if you have such unit for sale.

  5. Soho Suites….I HAVE LIVED IN BLOCK A3 for 7 months and I think this is the worst KLCC condo block I have ever lived in. The management are a complete joke and the block is about a year old.

    1. The air con in the unit has broken down around 5 times and it still breaks down but no one seems to have the ability to actually fix it. Remember still under developer warranty.

    2. There is a covered area at the a3 lobby that has about 10 lights that shine down onto the outside paved area in front of the lobby steps. 6 of the 10 lights have NEVER WORKED during my stay even though I have complained God knows how many times.

    3.Three months ago some angry tenant probably smashed the glass in front of the A3 lifts on the ground floor.This has still not been fixed and the place looks like a slum.SMASHED GLASS and never fixed….total class!

    4. The two main doors going into the initial ground floor lobby have never worked well because they are structurally a joke. They get stuck or jam half way and management has never successfully addressed it. They don’t even try!

    5.After the first two swing doors into the initial lobby there is a separate door with access card that goes into the next lift lobby BUT THE DOOR IS BROKEN. So they took the door off and it is just sitting on the floor SO NO SECURITY AT ALL! That happened a month ago!

    Life is too short to write all the problems but I know at least another 6 serious issues. Even the plumbing in my unit is so bad that the drain smells all the time and makes noises but the pipes are under the marble!…one would have to rip up the floor to repair.

    All buyers should be very careful with this block as the problems are so many and caveat emptor!

    I have lived in KLCC for 10 years and this is the worst I have ever lived in and it is newish! Mono land projects may be cheap but you get what you pay for…pay little get little but lots of headaches!

  6. Christopher Wee April 13, 2016 at 1:21 pm

    Need an apartment to rent end of 2016 or 2017 ….any offers?

  7. anyone has the management office contact ?

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