The Regalia, Jalan Sultan Ismail, RM 455,000

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Description

Regalia (also known as Regalia @ Sultan Ismail) is a luxury serviced residence developed by Mayland. It is located within KL city centre, only minutes away from Putra World Trade Center (PWTC).

This serviced residence is targeting mainly the young and posh yuppies, and those who want to reside in the heart of the city. For one’s shopping needs, one can just walk to The Mall, where you can find all kinds of groceries and amenities.

Regalia is easily accessible via Jalan Kuching, Jalan Sultan Ismail, and Jalan Putra. Public tranportation wise, it is within walking distance to Putra Komuter, PWTC LRT, and Sultan Ismail LRT. With so many public transportation mode nearby, one shouldn’t have to worry much about traveling around the city.

Property Details

Name: Regalia (also known as Regalia @ Sultan Ismail)
Address: Off Jalan Sultan Ismail, Kuala Lumpur
Developer: Mayland
Type: Serviced Residence
Tenure: Freehold
No. of Units: 1,033
Land Area: 2.5 acres
Built-up: 500 – 10,000 sf
Maintenance Fee: RM0.40 psf
Launch Price: RM300,000 – RM1.5 mil
Layouts

Type A6 (515 sf)
Type B2 (560 sf)
Type B8 (740 sf)
Type C3 (890 sf)
Type C5 (924 sf)
Type D2 (1,240 sf)
Type D9 (1,290 sf)
Type E2 (1,811 sf)
Type E6 (1,870 sf)
Facilities

CCTV room
Function room
House keeping
Surau
Squash court
Bistro & bar
WiFi centre
Gym
Games room
Tropical garden
Swimming pool
Infinity pool
Roof garden
Sky lounge
Nursery
Playground
Market Trends



Analysis

Mayland, a Hong Kong-based developer, has by now been recognized as a serviced residence developer. It has completed and will complete many serviced residences in KLCC, Mont Kiara and Sri Hartamas. Other serviced residences by the developer are Parkview, Windsor Tower, Waldorf Tower, and the upcoming Plaza Damas 3.

Despite disappointments from their previous condominium such as Sri Putramas I on Jalan Kuching, Regalia could potentially be a great investment, due to its strategic location, and bold concepts. However, most studio units do not come with parking spaces, where one has to buy separately. But who needs parking spaces when there is plenty of public transports nearby.

Location can be an encouraging factor to buy a unit at Regalia. There is a also an abandoned flyover built halfway, which connects Jalan Kuching straight right to Regalia. The developer claims that the abandoned flyover will be resume when Regalia is completed. Considering the traffic congestion on Jalan Kuching, it would be difficult to go in and out of this residence without the flyover.

Regalia would be best for existing expatriates staying in Villa Putera and Villa Puteri to upgrade to a newer abode. They could just walk to their office nearby without ever needing a car, and hit the fitness center after work, all within walking distance.

Please call Terence 012-371 5035 for appointment or email to terenceyap10@hotmail.com

Property Details

• QuikPro No:UP1277482
• Property Type:Serviced Residence
• Tenure:Freehold 
• Title Type:Strata
• Built-Up:590 sq. ft.
• Asking PriceRM 455,000
• Bedrooms:Studio
• Bathrooms:1
• Unit type:Intermediate
• Occupancy:Vacant
• Furnishing:Unfurnished
• Facing Direction:SouthEast
• Posted Date:06/03/2012
• Facilities:Barbecue Area, Cafeteria, Covered Parking, Gymnasium, Jogging Track, Playground, Salon, Sauna, Squash Court, Swimming Pool, Wading Pool, Tennis Court, 24hr Security

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