The Saffron, Sentul, RM 890,000

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Description

The Saffron, Sentul

The Saffron (also known as The Saffron @ Sentul East) is one of the most well-received residential project by YTL Land & Development in Sentul. About 15 minutes drive from the city center, The Saffron is coming to life in the heart of Sentul East with the potential to be one of the most affordable luxury condominiums in Kuala Lumpur.

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The Saffron is the second development launched in Sentul East, following the highly successful first development, The Tamarind. These developments in Sentul East are a part of urban renewal project to revamp the historical part of Kuala Lumpur by YTL Land & Development.

The Saffron consists of 4 blocks of tower with 17 storey for two blocks and 24 storey for another two blocks. Each unit sizes range from 1,000 to 1,873 sf with 5 different sizes and layout designed to suit different needs and lifestyles. There are 3+1 and 4+1 rooms for greater space or just settle for a 3-bedroom en suite unit.
Property Details

Name: The Saffron (also known as The Saffron @ Sentul East)
Address: Sentul East, Sentul, Kuala Lumpur
Developer: YTL Land & Development
Completion Date: March 2008
Type: Condominium
Tenure: Freehold
No. of Blocks: 4
No. of Storey: 17 (2 blocks), 24 (2 blocks)
No. of Units: 467 units
Built-up: 1,000 – 1,870 sf
Maintenance Fee: RM0.33 psf (including sinking fund)
Launch Price: RM226,000 – RM770,000
Subsale Price: RM360 – RM400 psf

Layouts

Type A3 (1,000 sf) (3+1/4+1)
Type B3 (1,085 sf) (3+1/4+1)
Type C (1,087 sf) (3+1/4+1)
Type D (1,757 sf) (3+1/4+1)
Type E (1,873 sf) (3+1/4+1)

Facilities

Barbecue area
Basketball court
Swimming pool
Wadding pool
Card system entrance
24 hours security
Business center
Wheelchair friendly slopes
Cafeteria
Business center
Club house
Covered parking
Gymnasium
Jogging track
Mini market
Playground
Squash court
Tennis court

Market Trends

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Analysis

The Saffron is in the same location where The Tamarind is, which is Sentul East. Slightly newer than The Tamarind, both developments are somewhat similar in rental wise and also the landscape scenery. The Saffron may not be as posh as The Maple @ Sentul West, but it is generally well-built with finishes that are not too shabby and in fact tallies with its price tag.

Only 15 minutes or less away from KLCC without the traffic jam, The Saffron is indeed a development worth the potential investment. A few property experts have stated that its location, which is only 10 minutes away from Mont Kiara, will only serve to enhance the appreciation value. So although its appreciation value may not be as high as the developments in KLCC and Mont Kiara areas, this development are set to be one of the most worthwhile to invest condominium in Kuala Lumpur area.

The Saffron is in within the proximity of trendy living in the lush greenery and also the convenience of amenities only stone throw away. In other words, you don’t have to get far to go to the ATM. The Saffron is accessible via Sentul Link, Duta-Segambut Highway and Duta-Ulu Klang Expressway, developed to link the developments to the other parts of the city. You can also get around using the KTM Komuter and Sentul Timur LRT stations for public transport, if you don’t feel like driving on that particular day.

The starting price for The Saffron is as low as RM300,000, which is quite reasonable for condo’s freehold status, convenient location, lush landscaping and outstanding façade. One thing about The Saffron is the artsy elements you can see around the park and almost every corner of condominium. Even as you approach the entrance, you will see the “The Curve Water Wall”, a tiered cascading waterfall that has been designed to lead you into the condominium grounds.

Among the favorites at The Saffron are the three pools available for different moods and preferences. There is the 25m lap pool situated alongside a reflection pool and yoga lawn for pure fitness exercises. Then there is the leisure pool with cabana areas for those who prefer to laze around and relax. Lastly, the third will be a water spray pool for the active young ones.

During 24 May 2006, when the show unit for these elegant condominiums is ready for viewing, 50% of the 467 units snapped up by registered buyers. YTL Community members are faced with a delightful surprise when they attended the weekend preview, as special units will be available for selection. The special units are limited edition units on the podium deck level offers a private garden and water features.

The Saffron maintenance fee of RM0.33 psf (including sinking fund) is among the highest in KL city. Even those luxury condominiums in KLCC and Mont Kiara are just charging around RM0.20 psf. High maintenance fee has always been common among YTL projects, hence investors just have to take this into account when projecting the rental cash flow, as a 1,000 psf unit would set you back a monthly charge of RM330.

The view from The Saffron is the old Sentul town, which many consider the ghetto of Kuala Lumpur. It is yet to be seen how YTL could transform this old and forgotten town to a vibrant and high-class enclave. On the other hand, if you are looking for own stay, this property might probably be one of the cheapest luxury condominiums in Kuala Lumpur.

Property Details

• QuikPro No:UP1077530
• Property Type:Condominium
• Tenure:Freehold 
• Title Type:Strata
• Built-Up:1,757 sq. ft.
• Asking PriceRM 890,000
• Bedrooms:3
• Bathrooms:3
• Unit type:Intermediate
• Occupancy:Vacant
• Furnishing:Fully Furnished
• Posted Date:29/01/2012
• Facilities:Barbecue Area, Business Centre, Cafeteria, Club House, Covered Parking, Gymnasium, Jogging Track, Mini Market, Playground, Squash Court, Swimming Pool, Wading Pool, Tennis Court, 24hr Security, basketball court, card system entrance,wheel chair friendly

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