Dua Residency was one of the first upper-end condominiums in the Kuala Lumpur City Centre (KLCC) enclave, having completed and launched in the second quarter of 2007. Situated on a prime land of five acres right smack in the middle of Kuala Lumpur, Dua Residency contains 288 units of luxury apartments inside two blocks (hence the name – “Dua” means two in Malay).
Looks awesome from the outside, and it smells bloody nice from the inside, too. Yes, we have got the fetish for KLCC condos; don’t ask why or how. I especially dig the super chic lift lobby. Impressive!
Click here(and scroll down if needed) if you are looking for Dua Residency’s listings for sale.
Dua Residency is built by E&O – which has carved a niche for itself in the hospitality sector (its flagship is the uber awesome Eastern & Oriental Hotel in Penang). In the KLCC enclave, it’s also the developer of E&O Residences and its sister condo, St Mary Residences (reviewed here). E&O’s latest project in the KLCC (at the time of the update of this review) is The Mews which gets reviewed here.
E&O also owns the Delicious chains of cafes around town; in fact there’s a branch just downstairs. Dua Residency was completed in 2007.
What’s The Deal Here?
Dua Residency consists of 13 (yes, count ’em) types of apartments suitable for the young and the young at heart… here’s just three –
- Smaller-sized apartments (2,098 sq ft) suitable as bachelor pads and small families
- Duplex apartments (up to 3,941 sq ft) for bigger families and those who want more space and privacy
- Triplex apartments (up to 5,472 sq ft) complete with rooftop garden, pool and Jacuzzi – for the ultimate baller!
Each and every apartment is equipped with super state-of-the-art kitchens, concealed air-conditioners as well as hot water systems… in short, the works. The landscape is lush and the design is architecturally (is that a word?) pleasing. There are also some units with that elusive KLCC view – but expect these to come with a premium.
As the nearby Platinum Park is undergoing heavy construction during the time of the publication of this review, some units at Dua Residency may get their coveted KLCC twin towers view blocked.
There’s a nursery inside the condo buildings which is a definite plus – having babysitters nowadays is part and parcel of the life of KLites.
Dua Residency seems to have the “love it or hate it” design (some says it looks like a hospital from the outside!); this may not be surprising since it shares the same designer as One KL (another design which you would either love or loathe). Let’s just say that we are not fans of the design – it’s too “clinical” for our taste. 🙂
Dua Residency’s Prices
Not cheap. The launch (2007) price was about RM500 per sq ft, but this has escalated to as high as RM1,200 per sq ft in the recent years. The subsale prices have cooled down somewhat, and the latest transacted prices (at the time of writing) is about RM800 to RM850 per sq ft, which could still be seen as a bargain with many developments are pushing through the RM1,000 PSF price point in the recent months.
Our good friends at GoodPlace.my tracks the asking prices of Malaysia properties on a daily basis – below shows a chart of the average asking prices of Dua Residency for the past few months (whenever available) –
Disclaimer: We would definitely recommend using transacted prices (as we have shown in our free valuation guide) which you can obtain from JPPH (or from your favourite agent), but asking prices are historically correlated to transacted prices (albeit with a time lag), so the chart above will be good to check for pricing trends (i.e. going up or down).
Dua Residency is on Jalan Tun Razak – near where the embassies are (which are strictly in Ampang Hilir and the Embassy Row) – and this gives the condominium an aura of distinction. Yes, it’s classy as hell… with a prestigious address to boot. The two nearest condominiums are Suria Stonor and The Avare (right at the back).
Here’s a major plus point when compared to other condos and apartments in the KLCC enclave – it is located off the centre of KLCC and therefore it is less hectic than the other developments, say the Marc Residence. However, Jalan Tun Razak is (in)famous for its fair share of traffic jams, and unless your life revolves around having tea at the Delicious Cafe downstairs and walking up the road to Ampang Point to shop then you’ll have to sit in your car for hours if you want to get out.
You can reach this condo via Jalan Tun Razak via Jalan Ampang or the SMART Tunnel. Connectivity is not a problem at all – and if you use public transport then just wave a taxi down from Jalan Tun Razak. There are two LRT stations to choose from: KLCC and Ampang Park – both within walking distance (of sorts).
One of the biggest selling points for condominiums located in the KLCC enclave is how “walkable” they are; indeed, many important amenities are often reachable by foot. See this interactive map below to check where the closest amenities to the Dua Residency are (the amenities are selectable by clicking the icons on the right) –
[poiautomap address=”Dua Residency Jalan Tun Razak Kuala Lumpur” zoom=”15″]Dua Residency[/poiautomap]
The GoodPlace Walkability Score or GWS is a measure that calculates the walkability of a property (more details here); the GWS for Dua Residency is 70 which is quite middle-of-the-range when compared to the typical KLCC condominium.
For more information on how to interpret this score, and to download a high resolution map depicting the GWS scores, click here (comes up in a new window).
All In All…
We like Dua Residency a lot, and it occupies quieter part of the KLCC enclave which is a major plus (unless your unit directly faces the rather noisy and dirty Jalan Tun Razak). The appearance of the condominium from the outside may be off-putting to some, but we love the interior which is tastefully designed. Also, having a brand name developer (E&O) is a major selling point which helps ensure that the sub sale value is maintained.
E&O is one of the more recognizable names in Malaysia property, and enjoys top-of-mind awareness when it comes to developments in the prestige niche. With a strong (and growing) portfolio consisting of the likes of St Mary Residences and the upcoming The Mews, E&O properties do seem to have relatively better sub sale performance because of its brand equity.
At sub RM1,000 PSF levels, Dua Residency seems to be a bargain buy especially when compared to its neighbours. Verify for yourself by determining Dua Residency’s “fair market value” using this little guide that we have prepared for you below. We will email you the digital copy of this guide (for free) once you entered your details below. G’wan, do it. 🙂