The Capsquare Residences, Jalan Sultan Ismail,

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Description

* Name: The CapSquare Residences (also known as The CapSquare Residence)
* Address: Jalan Dang Wangi, Kuala Lumpur
* Developer: Bandar Raya Development Berhad (BRDB)
* Type: Condominium
* Tenure: Freehold Commercial
* No. of Blocks: 2
* No. of Storey: 36
* No. of Units: 180
* Land Area: 0.77 acre
* Built-up: 1,072 – 7,828 sf
* Maintenance Fee: RM0.25 psf
* Rental: RM3.60 psf

Facilities

* Business centre
* Cafeteria
* Club house
* Jogging track
* Mini market
* Playground
* Sauna
* Squash court
* Swimming pool
* 24hour security

Low Density, city center, prime investment as freehold property in Kuala Lumpur.

The CapSquare Residences (also known as The CapSquare Residence) is a high density condominium located in the middle of the city centre, along Jalan Sultan Ismail. This is another big project by the reputable BRDB. This is a 36-storey condominium comprises of 180 units of apartments with built up from 1,072 to 6,756 sf. It is part of the large Capital Square development comprising of 15.2 acres in Kuala Lumpur midtown. The master plan consists of two office towers, several office blocks, a hotel and two condominium blocks.

There are plenty of amenities available within few steps from the doorstep of The CapSquare Residences. For shopping and entertainment, there are CapSquare Centre, Suria KLCC, Avenue K, Pertama Complex, Campbell Complex, Semua House and Sogo located meters away. In addition, it is also few meters away from Asian Heritage Row that houses modern pubs, clubs and restaurants. The row has become a new urbanites’ party spot, substituting Jalan P Ramlee’s clubs enclave.

Furthermore, there are several banks located within walking distance from The CapSquare Residences, including Alliance Bank, Public Bank, Ambank, Standard Chartered bank, Maybamk, OCBC Bank and CIMB. As for international schools, the nearest schools that you can find are Fairview International School and Sayfol International School. Also, it is within short walking distance to Convent Bukit Nanas, SRK St John, La Salle Institution and UNITAR (Universiti Tun Abdul Razak).

The CapSquare Residences is located only 5 minutes walking distance from Dang Wangi LRT station. Moreover, it is also within walking distance to Bandaraya and Masjid Jamek Star LRT stations, Masjid Jamek Putra LRT station, and Monorail station (near Sheraton Imperial).

Analysis

Despite being strategically located in the city centre, you have to bear in mind that The CapSquare Residences also stands next to Sungai Bunus, which has been associated with numerous flood issues for a quite long time. There is a huge potential that the river can run down the basement car park if heavy thunder storm occurs in the future.

On the other hand, it is totally a different world inside the Capital Square itself, where plenty of expatriates will usually hang out at those chic bistros and restaurants after office hour. There is also a lavish shopping complex and signature offices, making a stark contrast to the surrounding outside.

The good news is, a major refurbishment of old colonial shops into boutique shops is under going within the area. Asian Heritage Row is one example of such urban transformation. This will definitely change the face of Dang Wangi vicinity into the next KLCC.

Kindly contact KLPROPERTYHUNT 016 203 7032 / 017 253 2112 for viewing, thank you.

Property Details

• QuikPro No:UP874837
• Property Type:Serviced Residence
• Tenure:Freehold 
• Built-Up:2,837 sq. ft.
• Asking Price:View to offer
• Bedrooms:3+1
• Bathrooms:4
• Maintenance Fee:RM 0.25 per s.f.
• Unit type:Corner
• Occupancy:Tenanted
• Furnishing:Fully Furnished
• Posted Date:01/12/2011
• Facilities:Barbecue Area, Business Centre, Cafeteria, Club House, Covered Parking, Gymnasium, Jacuzzi, Jogging Track, Mini Market, Playground, Sauna, Squash Court, Swimming Pool, Wading Pool, 24hr Security

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