Way back in the early 90s, Tan & Tan Development has been establishing its presence in Kuala Lumpur’s real estate scene with projects such as Menara Bukit Ceylon. Nestled in now thriving Bukit Ceylon, the freehold condominium is amongst the oldest in the area neighbouring Banyan Tree, KL Plaza Suites and Seasons Tower. It spans about 1 acre of land area housing a mid-rise tower featuring only 4 units per level affording its dwellers a much desired privacy within the comforts of the city.
As one of the earlier projects of Tan & Tan Development, Menara Bukit Ceylon was a preview of what the company has in stored for its potential customers. Today, the developer is involved with prime and premier developments in the country including Park Manor, G Residence, Sierramas Heights and Three28 Tun Razak.
Spacious Choices in the City
Designed for discerning investors looking for a well positioned home in KL, said residence is a good prospect. Not only does Menara boasts close proximity to amenities, public facilities and an array of other conveniences, but it offers generously spacious homes. Built-up size measures at about 1,500 sq.ft. providing ample space for residents to relax, retreat and rejuvenate after a long hard day at work.
Subsale Price for Menara units are set from RM730,000 to RM950,000 with maintenance free of RM0.25 psf. Rental rate, on one hand, is from RM2,400 to RM5,000. Are these rates fair and reasonable? To find out the property’s market value, you can use our free price valuation guide.
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All About the Location
Though quite old, as evident on its façade and facilities, Menara Bukit Ceylon remains a good investment prospect thanks mainly to its enviable location. Within reach are some of KL’s premier amenities ranging from shopping malls to medical centres, recreation hotspots and entertainment.
Primed for exceptional retail therapy, the condominium is only 10 minutes away from shopping complexes in KLCC including:
> Lot 10
> Starhill Gallery
> Pavilion KL
> Berjaya Times Square
> Sungei Wang Plaza
Within these malls and around the area are numerous options for restaurants, banks, hawker centres, embassies, retail shops, office towers and more establishments. Also within reach are the St. Andrew’s Church (15 minutes away) and a number of schools including SJK Nan Kai, SJK Jalan Davidson and Akademi Kejururawatan Tun Shin.
Topnotch Convenience In & Out
Right at the comfort’s of Menara Bukit Ceylon are basic facilities catering to lifestyle needs. The condominium, for one, has the largest swimming pool. It also has a squash court for the enthusiasts and sporty. Lastly, there’s the well-equipped gymnasium, though quite old, allowing residents to stay fit and healthy.
Accessibility to the site is never a worry when it comes to a location such as Bukit Ceylon. Menara is easily accessible via private and public transport with main roads such as Jalan Ceylon keep the development connected. LRT and monorail stations are close by and there are taxis as well as Rapid KL buses providing transport for residents.
What We Think
Despite its age, Menara share’s KLCC’s affluence. It’s age may show in its looks but there’s no question about the condominium’s prime and coveted location. It is also no surprise that discerning investors continue to consider the development a running choice when scouting for properties in the area because of its good combo of location, low density setting, developer reputation and access to conveniences.
There is just some minor drawbacks though. Traffic is one of the inevitable consequences of living in the city. Another is the emergence of newer developments which may ruin the condo’s view of the KLCC skyline. But then again, if you’re only after the location, Menara is right there in a good spot. And if you’re interested, you may want to check on the property’s fair market value first. You can use our free ebook guide below to do just that.