Located right in between the Sentral One office and KL Sentral is Suasana Sentral Loft, a freehold condominium developed by a consortium consisting of MRCB Land (the master developer of KL Sentral) and the United Malayan Land Berhad (owned by the venerable Singaporean developer CapitaLand). UM Land is also behind the series of “Suasana” developments, namely Suasana Bukit Ceylon and Suasana Bangsar.
Suasana Sentral Loft (also known as The Loft) is situated in KL Sentral, Brickfields, and was ready for occupancy back in 2008. The residential property was completely sold out since its completion, and was mostly occupied by expatriates. In fact, a good chunk of the condominium’s residents were foreigners, who sought the comfort of living in a location that is highly-convenient. Does this mark the start of the migration of expatriates from the KLCC and Mont Kiara enclaves to KL Sentral? Well, your guess is as good as mine 😉
Being at KL Sentral means that it’s centrally accessible in all directions across all modals of transport – except for helicopters and planes, maybe. The Suasana Sentral Loft finds itself in a strategic location—being close to transport hubs that will take residents to their destinations quickly and easily, as well as shops and food stalls. The condominium is merely a five minute walk from KL Sentral. KL Sentral has everything residents need should they have place to go, as the Putra LRT Station, City Air Terminal, the Express Rail Link, the KL Sentral Monorail station, and the KTM Komuter Train are all located conveniently in one place.
Average listed sales prices for the condominium in the middle of the year started at an estimated rate of RM930 per square feet. This level of asking prices are “dangerously” near the RM1,000 PSF benchmark which is characteristic of upmarket condominiums in KLCC (in fact, branded residences like RuMa on Jalan Kia Peng starts at RM2,000 PSF at its launch, and this will only go up). Is this a fair price to pay for a unit here at the Loft? Find out for yourself using our property price valuation ebook which you can download here for free.
Unit Layouts and Built-Up Areas
Potential residents and investors are presented with a lot of unit layouts with different built-up areas. There are 18 unit layouts to be exact. Units also come with 1+1 room, two rooms, 2+1 rooms, three rooms, and 4+1 rooms.
Built-up areas start at 811 square feet for its smallest 1+1 room. A unit that has two rooms has built-up areas that start at 1,119 square feet, and 2+1 rooms have built-up areas that start at 1,441 square feet. Larger 2+1 units have built-up areas of 1,665 square feet. For units with three rooms, built-up areas start at 1,532 square feet, largest being 1,652 square feet. Finally, 4+1 rooms start with a built-up area of 2,818 square feet, with larger units measuring 2,961 square feet.
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What The Loft Offers
A strategic location is a huge factor in determining the potential of a residential property. However, what makes condominiums more attractive to potential buyers and residents would be the facilities and amenities that it offers, as well as unit layout options to accommodate each one’s different lifestyle. In Suasana Sentral Loft’s case, its developers made sure that the condominium would be at-par with luxury condominiums in the city.
For starters, the condominium has an exclusive infinity pool that also plays piped-in music, which is reportedly a first among high-end condominiums in Malaysia. We here at PropertyReviews.my listen to elevator muzak all day long (OK kidding; we actually put on Metallica’s Kill ‘Em All on perpetual spin) and so we understand this fetish for lame lounge music. 😉
On top of that, the Suasana Sentral also has an outdoor Jacuzzi, barbecue pits, a reflective pool, and a children’s playground. A sky gym is also provided for its residents, which is located on the 38th floor of Tower A. This floor is also occupied by a function room and a lounge. Units come furnished with glass walls for master rooms, as well as a sunken bath. In addition, units come with full-height windows, allowing natural light to come in, making it energy-saving and reduce energy costs for residents.
What We Think
We have got people emailing us rave about how the Suasana Sentral Loft is a good piece of investment – these are typically those who would like to rent out units to short-term rentals. This is perfect for expatriates and foreigners, whose numbers are doubling as years pass. We have received numerous reports from investors regarding the capital gain accumulated, just by short-term rentals. In this respect, we do think that there is a glut of short term lets in the city (Fraser Place, Bintang Fairlane, E&O come to mind), and this will worsen with the launch of the trendy “branded” residences in the form of St Regis (also here in KL Sentral) as well as RuMa on Jalan Kia Peng in the KLCC enclave.
KL Sentral is still some way behind when it comes to positioning itself as an upmarket enclave, and given the prices are etching towards RM1,000 PSF we personally think that we should shop around for better deals at that price point. One may still consider a unit here (for own stay, or for long term capital yield), but only if the price is fair. To find out what’s the fair market value, download this easy-to-follow guide below, available to you at the cost of zero (zilch) dollars. 😉