Right at the heart of the city centre lies Taragon Puteri YKS, a mid-rise, low-density exclusive condominium with only 40 units. It sits on a 0.5-acre freehold land on Jalan Yap Kwan Seng (the ‘YKS’ in the name), less than a kilometre away from KLCC.
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Taragon may be accessed through Jalan Tun Razak or Jalan Ampang, with either road leading to Jalan Yap Kwan Seng. Jelita Court is Taragon’s next-door neighbour. Further down the road is the cluster of Hampshire condominiums – namely Hampshire Park, II Hampshire, Hampshire Place and Panorama. Taragon is also within short distances to the Petronas Twin Towers, Kuala Lumpur Convention Centre and commercial buildings such Plaza OSK, Megan Avenue II and Tabung Haji.
Living @ Taragon Puteri YKS
Taragon Puteri YKS is a 12-storey building which houses a total of 40 units. Each floor has only four units, making each a corner unit. In total, there are 32 standard units (2nd to 9th floors), four sub-penthouses (10th & 11th floors) and four penthouses (11th & 12th floors).
The first floor serves as the facilities floor where the swimming and wading pools, gymnasium, barbecue area, reading room, sauna and children’s playroom may be found
Apart from these facilities, residents also get the bog-standard 24-hour security and are provided with 63 parking slots.
- Standard units have four bedrooms and three attached bathrooms and are built-up from 1,767 to 1,895 sqf.
- Sub-penthouses have five bedrooms and four attached bathrooms and are have built up sizes from 2,196 to 2,405 sqf.
- Penthouse units have five bedrooms and four attached bathrooms have built-up sizes from 3,121 to 3,210 sqf.
Taragon Puteri Pricing
Listings on local property portals revealed sub-sale asking prices from RM475 to RM675 psf for units at Taragon Puteri YKS. This range is relatively lower compared to its neighbors like the 2 Hampshire (RM750 to RM900 PSF) and Hampshire Place (RM1,000 PSF median asking price). Jelita Court next door has got comparable PSF asking prices, and this should not be surprising given that there are many similarities between the two developments.
It is also worthwhile to note that there are several empty parcels of land surrounding Taragon, and with newer developments the prices would well be (negatively?) affected once these are up and running. These should be some of the factors that you will have to consider if you want to invest in a unit here – use this handy “How Much Is Your Property Worth?” report for a simple framework on how to value a property.
Out and About
As Taragon Puteri YKS is located within the fringes of the bustling KLCC enclave, residents of Taragon Puteri YKS have pretty good options for their dining, shopping, entertainment and recreational needs. Everything is in KLCC after all. And that includes the heavy traffic. But it is something people get used to, so what matters is the convenience of having everything within your reach. Embassies populate the KLCC area (Australia, Pakistan, Philippines, Belgium, France, Singapore, Sweden, etc.) so expatriates will not have a hard time taking care of their consular needs.
Jalan P Ramlee (a street lined with bars and pubs) and Jalan Ampang (lined with restaurants of different cuisines) are easily accessible through Jalan Yap Kwan Seng. If you have visiting friends, there are a number of hotels that can house them such as Nikko Hotel, Crown Princess, Mandarin Oriental, The Westin, JW Marriott and Shangri-La Hotel, to name some. Recreational activities for the entire family is also not a problem as KLCC Park, KL Tower, Royal Selangor Golf Club, Petronas Art Gallery and Dewan Philharmonic are within your reach.
Being on Jalan Yap Kwan Seng means that Taragon Puteri occupies a rather central location within the city – however, it’s still not very “walkable” especially when compared to the condominiums on Jalan Perak or in the Jalan Stonor area, for example. It has a respectable GoodPlace Walkability Score (GWS) of 75 – which is fine when compared to the off-the-mill city condominiums but a little lower compared to the better located KLCC condominiums. (To download a free high resolution map of KLCC properties and their walkability scores, go here).
You can also use our interactive map below to check where the closest amenities to the property are.
[poiautomap address=”Taragon Puteri Yks Jalan Yap Kwan Seng Kuala Lumpur Federal Territory of Kuala Lumpur” zoom=”15″]Taragon Puteri YKS[/poiautomap]
About The Developer
Taragon Puteri YKS was previously an abandoned project until it was taken over and revived by Bluestone (covered by The Star in 2008 here). Bluestone Group has been in the property development and investments field since 2003 and has garnered a reputation for reviving abandoned projects. Bluestone is also notable for several projects in Australia, namely Taragon Parramatta, Taragon Waterside and P&O House in Sydney.
Also quite interestingly, Bluestone names its newer residential developments “Taragon Puteri” and adds the property location at the end of the name to identify it. Other residential projects by this developer include Taragon Puteri Bintang and Taragon Puteri Cheras (unimaginative names notwithstanding).
Our Final Analysis
Taragon Puteri YKS has got the trappings and some “spillover” prestige being near the KLCC enclave, and its location in the city centre is a major plus with those who are looking to live in the city. We also like the low density factor (only forty apartments and all are corner units), and the fact that it is priced rather competitively especially when compared with its neighbors in the Hampshire area – possibly at least 20% lower in terms of asking prices.
Taragon is somewhat understated and under-marketed in a way, and this is definitely not a bad thing. It’s just that with less-than-average visibility, demand could be lower simply because it does not appear in the radar of many potential buyers who look for KLCC condominiums.
Also, because it’s only twelve stories, it’s prone to getting blocked by newer developments, and if the view of the city (or the Petronas Twin Towers) is important to you then it’s advisable for you to have first-hand viewing before you buy. Finally, the empty tracts of land opposite the condominium could be a wild card. (UPDATE: the launch of Star Residence in the opposite area might have a spillover effect, but these are still early days to estimate its impact).
Finally, its pricing also tends to be a notch lower than the typical KLCC condominium (although not necessarily “cheap”). Glamour and prestige is perhaps not something you’d associate with Taragon; it does attract a niche of buyers and tenants who are unfazed by its stripped-down look and lack of aesthetics. Find out what’s the fair price that a buyer should pay for a unit here at Taragon Puteri YKS using this simple guide –