KL auction property market update #8 - Capsquare Residences @RM450 PSF, Cendana Condominium @RM478 PSF
Can you buy freehold KL condominiums near MRT or monorail stations under RM500 PSF? My ever cheerful auction agent J has just Whatsapped me not one but two auction properties going under the hammer for less than RM500 PSF.
The Capsquare Residences - According to PropertyGuru, the “Capsquare (developed by Bandar Raya Development Berhad ) is part of a bigger development, Capital Square Development. The Capsquare Residences is located at Jalan Dang Wangi, Kuala Lumpur.
Because this condominium is located in the city centre, there are a lot of public amenities close to it. Thus, residents of The Capsquare Residences have easy access to a lot of facilities in their vicinity. The amenities situated in the area where The Capsquare Residences is located include ATMs, schools and other facilities.
Residents of this condominium will not have to bother about meeting their entertainment and leisure needs appropriately. There are several entertainment and leisure centres located close to this property. One of such entertainment and shopping centres is the CapSquare Centre which holds a number of entertainment and shopping options. The nearby Asian Heritage Row still holds options for relaxation, dining and leisure. Other shopping and entertainment facilities close to The Capsquare Residences include Suria KLCC, Pertama Complex, Avenue K, Campbell Complex, Sogo and Semua House.
Because of the location of this condominium in a well-established urban area, there are more facilities than is commonplace in most areas.”
Cendana Condominium -According to Malaysia's #1 property search portal, “the Cendana is a luxury condominium targeting high-end tenants looking for a classy, modern design that makes it so beautiful that nearly everyone would feel proud to call it home. Better still, people who reside in this condo enjoy access to a full range of basic condo facilities. It’s a convenient home for expatriates who work in Kuala Lumpur City and don’t have private means of transport as there are various public transport options (bus stops, taxi stands and LRT and Monorail stations) in the neighborhood. Although previously some people previously shied from staying in this property due to Malay cemetery views, that’ll no longer be an issue soon as an upcoming property in the vicinity (Crest Luxury Residences) will block the views entirely once it’s complete. Shopping shouldn’t be a concern to the residents of KLCC Cendana Luxury Condominium because KLCC, a host of many shopping options, is just nearby. KLCC Cendana Luxury Condominium provides its residents with a wide range of facilities. They include a sky bridge which links it to Renaissance Hotel, lap pool(24 metre), sauna, spa, clubhouse, playgrounds, tennis courts, barbecue area, restaurant, launderette, F&B outlets covered car park equipped with car lift facilities, modern and fully equipped gym, cafeteria. Additionally, the property offers 24-hour security for the peace of mind of its occupants.”
Disclaimer
I am not a registered real estate agent with BOVEA. If you are considering buying a auction property you should consult a BOVEA registered valuer or real estate agent.
For my previous KL Auction Property Market Updates, check out my property blog 360 KLCC - “Insights Perspective & Analysis for the KL property market”
