Smacked at the epicentre of the city centre is a high-density high rise development called the Capsquare Residences. Sited on 0.77 acre of freehold land, the condominium is tall and proud featuring a height as high as 37 storeys. It is located along Jalan Sultan Ishmail neighbouring St. Mary Residences, Crown Regency and Parkview Service Apartment. Behind the towering condominium is the reputable Bandar Raya Development Berhad (BRDB). It is the same premier brand who’s currently involved in 6 Capquare, The Troika and Verdana.
Capsquare Residences is a key component of the 15.2 acre Capital Square development which also include office towers, office blocks, condominiums and a hotel. Taking care of the condominium composition is the aforementioned Capsquare Residences boasting two 36-storey towers housing a total of 180 units. Units are varied targeting a diverse group of investors with built-up sizes ranging from a comfortable 1,072 sq.ft. to a massive 7,828 sq.ft.
Comfy to Ultra Spacious Choices
Recognizing today’s generation’s needs for individuality, the project offers a wide array of choices with respect to layout. Over two dozens of designs are available with Type D as the smallest (1,072 sq.ft.) which come with 2 bedrooms. Choices also extend to 2+1. 3+1 and 4+1 bedrooms. The largest of the units comes with 7+1 bedrooms with a built-up of 7,828 sq.ft.
When it comes to cost, expect it to be on the steep side given its prime location and spacious units. Subsale price has been set between RM910,000 to RM3.38 million. To double check if those figures are fair, make sure to use our free price valuation guide.
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Equipped to Deliver the Finest
Equipped with ample facilities, residents of Capsquare Residences can expect a leisurely and fun-filled lifestyle. Within the comforts of home are features such as:
> swimming pool
> squash court
> club house
> jogging track
> children’s playground
In addition to the list are the business centre and the mini market, which are probably the cherries on top of the project. It provides absolute convenience for its residents eliminating the need to travel far in order to get business and essential needs met. And let’s not forget the 24-hour security ensuring that Capsqure Residences remains a safe haven for its dwellers whether during the day or night.
Smacked at the Heart of Conveniences
When it comes to unparalleled conveniences, nothing beats what the city centre has to offer. Privileged with that advantage is Capsquare Residences sitting close to premier amenities including Suria KLCC, Capsquare Centre, Campbell Complex and Avenue K amongst others. Within these destinations are numerous options for dining, entertainment and leisure. Also within reach are the Asian Heritage Row catering to today’s club and pub enthusiasts.
Access to the site is via Jalan Dang Wangi, the main road just in front of Capsquare Residences. From here, residents can access major highways as well as public transport such as LRT and monorail.
Our Final Thoughts
Given its prime, vibrant and bustling location, Capsquare Residences has enjoyed steady growth over the years. In fact, rental yield has been good. At one point, it was at about 6.1%, a decent return for investors. Despite claims of overpriced units, the development was still able to pull off considerable success. It is important to note, however, that capital appreciation may not amount to much since the units started at such a steep price.
Though strategically located, part of the deal when it comes to living in the city centre is traffic congestion. It’s an inevitable drawback to urban living. Nonetheless, the benefits of amenities and facilities that are close to home outweigh any negatives. For that, Capsquare Residences presents itself as a good prospect if only for its location and developer. And in case you want to know more about its fair market value, keep scrolling and below is an book guide you can download for free.