Home to a number of high rise condominiums, Jalan Ampang has been a preferred address by both locals and international buyers. Adding another option to the area’s real estate landscape is Chancellor. Located in Taman Kosas, the freehold 15-storey condominium blocks neighbour Ayers Tower, Kondominium Emerald and Taman Kosas Flat offering comfortable modern units for young couples and small modern families. Even first time buyers are welcome to try modern living at The Chancellor in Ampang.
Comfortably Spacious Choices
Though not as high rise as other condominiums in Ampang, Chancellor was able to draw attention with its pristine and simple façade. From the outside, you’ll see three solid blocks going as high as 15 levels. Housed within these towers are 368 units all in all with built-up areas ranging from 1,270 to 1,378 sq.ft. All units feature 3 cozy bedrooms and 2 modern bathrooms, an ideal set-up for its target demographic.
Subsale price for Chancellor was tagged from RM290,000 to RM480,000 while rental is from RM1,500 to RM1,600. Apart from these costs, there is also a maintenance fee of RM115. When compared to similar developments, the condominium looks like a good deal. It is not overtly expensive, just priced competitively and according to what it has to offer.
But just like with any investment, make sure you look beyond the price tags. In fact, we’d recommend researching more on its current and fair market value using our free ebook guide on valuation which you can download here.
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Basic Facilities in the House
Living up to its tag as a modern condominium , The Chancellor went out of its way to install lifestyle facilities within the development. Meeting modern needs and demands to relax, to stay fit and to rejuvenate are the following in-house features:
> swimming pool
> tennis court
> squash court
> jogging track
Offering convenience and security is also part of the development’s promise. For every unit, there is an allotted car parking involved and securing the place as a safe living environment is The Chancellor’s round the clock security.
Quick Access to Amenities
Along with Chancellor’s enviable location is the benefit of sitting close to the ever popular Kuala Lumpur city centre. Reachable in about 15 to 20 minutes, residents can easily access a plethora of premier amenities. Within the country’s hottest hubs are some of the finest shopping malls, restaurants and commercial establishments.
But there’s really no need to go far in order to enjoy modern comfort. A stone’s throw away from the development is Spectrum Shopping Mall. It is a mere 5-minute drive from the property allowing residents to stock up on necessities while also enjoying retail therapy without trouble. Other amenities close by includes schools, hospitals, suraus and a host of other public amenities.
Keeping Chancellor well connected to key destinations are major highways including AKLEH and main roads such as Jalan Ampang, Kosas Utama and Bukit Indah Utama amongst others.
Our Final Thoughts
While not as buzzed about as other condominiums in Jalan Ampang area, Chancellor remains a good prospect to look into if you’re after capital appreciation. Units in this development are comfortably spacious with enough rooms to fit a small family. The condominium has also seen a good trend when it comes to its increasing asking price. That’s one indication that the condominium is appreciating in value through the years since it was completed.
As much as Chancellor is a promising investment with high potential, it is also important to consider similar developments in the area. After all, the key to getting the best end of the deal is make comparisons. In order to do that, you’d need to double check on the property’s fair market value first. To help you along, below is a copy of our price valuation guide which you can download for free.