Rising as a 29-storey freehold condominium in strategic Bukit Bintang, KLCC is a freehold condominium named Seri Raja Chulan. To be exact, it is nestled within the vicinity of Bukit Ceylon as a contemporary development designed for modern day investors and buyers. Close to Kuala Lumpur’s CBD, said condominium is optimally positioned to offer unprecedented connectivity on top of quick access to amenities and facilities. It sits along Changkat Raja Chulan with premier developments for neighbours including KL Plaza Suites, Quadro Residences, Residensi Kia Peng and Banyan Tree.
Choices & Price Tags
Despite the hustle and bustle of its surroundings, the condominium opted to prioritize privacy with its low-density set-up allowing residents to retreat in peace after a long hard day. Within this one-block condominium are 90 limited units boasting a comfortable and spacious built-up area from 1,400 to 1,500 sq.ft. Subsale price for these unit are set from RM680,000 to RM1 million while rental is from RM1,700 to RM4,000.
To check if the price tags are in sync with the development’s fair market value, feel free to use our free price valuation guide.
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Complete with Doorstep Comfort
Just like many of the city’s residential developments, Seri Raja Chulam comes complete with basic facilities. Designed for leisure and relaxation are the swimming pool and sauna. For those who want to stay fit and healthy, a well-equipped gymnasium awaits for you. Children have their own play area where they can run around and simply have fun.
Other condo features take care of necessities and other modern perks which include:
> covered parking
> 24-hour security
> WIFI network
> management office
> function room
> recycling system
The Main Selling Point
More than the spacious condo units and facilities, what really sells Seri Raja Chulan to discerning investors is its close proximity to amenities. Within the vicinity are an abundance of office towers, commercial centres and shopping complexes. Either a short drive away or a mere walking distance are premier destinations for retail therapy such as Suria KLCC, Pavilion KL, Times Square, Starhill Gallery and Fahrenheit 88 amongst others.
Craving for some fine dining indulgence? If you do, head over to the area of Changkat where old houses turned into restaurants are nicely nestled in. Within the same area are numerous choices for pubs, cafes and a selection of international cuisines. If fine dining is not your thing, there’s always the stretch of street food and hawker stalls along Jalan Alor.
Seeing that Seri Raja Chulan is strategically situated in KL’s prime area, connectivity is never a problem. You may need to deal with traffic jams from time to time. But all in all, easy access is taken cared of by a network of road arteries including Jalan Bukit Bintang, Raja Chulan and Sultan Ismail. From here, residents are linked to major highways and expressways including AKLEH, Penchala Link, MEX, SMART Tunnel and Jalan Kuching leading to major destinations.
Though Seri Rajan Chulan is relatively old, it remains a good prospect investment-wise. There are signs of old age but the development has been well maintained since it was completed way back. For that, a steady stream of investors have seen its potential for capital gains and rental returns. It has been a popular choice among expats for its location close to the Golden Triangle.
Since it was completed, however, many newer developments have popped up in the area. This is both a plus and a drawback. It is a plus for the main reason that more developments mean higher potential for appreciation. On one hand, it can be a drawback for Seri Raja Chulan as some investors prefer to go with newer developments. But mainly for its strategic location, regardless of age, the condominium is a good prospect to look at. Of course, you need to double check on the property’s fair market value first to ensure you’re getting a bargain deal. To assist you do just that, below is a free ebook guide you can download now.