Idaman Residence is a luxury freehold condominium located right in the heart of Kuala Lumpur, at Jalan P. Ramlee.
Continue Reading ⋅ 19 February 2022
Coming up in the skylines of Kuala Lumpur is Chambers, an elite project of Matrix Concepts Holdings Berhad. A sole tower of serviced apartment that stands 33 storeys tall, there will be 509 units for sale here. And making the development even more valuable is its freehold status. Buyers will have choices of units sized between 450 sq ft and 980 sq ft, with launch prices starting from a seasonal RM429,000. The completion date for Chambers is slated in the year 2022.
Address: Jalan Putra, Chow Kit, 50350 Kuala Lumpur, Wilayah Persekutuan
Property Type: Serviced apartment
Land Title: Residential
No of Storeys: 33
No of Blocks: 1
Total Units: 509
Tenure: Freehold
Sales Gallery: N/A
Site GPS Coordinates: 3.167021, 101.694817
Expected Date of Completion: 2022
Built-up area: 450 sq ft – 908 sq ft
Facilities:
- Common facilities
- Lounge
- Gym
- Swimming pool
- Wading Pool
- Games Room
- Playground
- BBQ Area
Launch Price: RM429,000 – RM 1,134,000
Price psf: From RM950 per sq ft
Maintenance Fee psf: RM0.35 per sq ft
Parking Bay/s per Unit: 1 – 2
Project Details
Chambers is a great development in the heart of the Kuala Lumpur city centre. It is a serviced apartment that carries a residential title. The development carries a freehold title, and will comprise only a single block of 33 storeys that will house a total of 508 units.
Buyers will have 3 choices of units to choose from. Type A is the smallest unit at 450 sq ft, which will be reasonably spacious as it a studio unit. Type A units will come attached with parking lot. Type B units are sized at 653 sq ft with 2 bedrooms and 1 bathroom, and will also come with only 1 parking lot, while Type C are the largest units at 908 sq ft. Similar to Type B, these units will have only 2 bedrooms, but comes with 2 bathrooms instead; and depending on the selected unit, buyers will get either 1 or 2 parking lots with their unit.
|
Type |
Built-Up |
No. of Rooms |
No. of Car Park |
|
A |
450 sq ft |
Studio, 1B |
1 |
|
B |
653 sq ft |
2R, 1B |
1 |
|
C (Dual key) |
908 sq ft |
2R, 2B |
1 – 2 |
The facilities at Chambers were mainly planned for adults. The development will feature a gymnasium, lounge, swimming pool and barbecue area. There will however be facilities for children as well, in form of a games room, playground and wading pool. For all these facilities and more, the monthly maintenance fee is RM0.35 per sq ft.
Chambers starts selling from RM429,000, and is expected to be completed in the year 2022.
If This Is Beyond Your Budget, How About A Project Below That Price Tag?
Location
Chambers is a highly anticipated project because of its central location. It is sited in the heart of Kuala Lumpur close to the Central Market, and in the midst of the city’s hustle and bustle. A major alluring point of the development is its walkability to train lines and popular city spots.
Its sweet location on Jalan Putra in Kuala Lumpur ensures that the residents of Chambers will enjoy seamless connectivity to the city centre and the various suburbs of the Klang Valley via multiple highways. To that point, among some of the highways that surrounds the development includes the Ampang-Kuala Lumpur Elevated Highway (AKLEH), and the Sultan Iskandar Highway.
These two highways provide connectivity to Ampang and the city centre easily, while the major trunk roads such as Jalan Tun Razak, Jalan Kuching and Jalan Tun Ismail provides great connectivity within the city itself.
And within the city, residents of Chambers will find that they are spoilt for choice with the numbers of recreational centres available. There is the Suria KLCC shopping centre in the heart of the city for the perusing, and then closer by or within the same area are Avenue K, Maju Junction Mall, Quill City and SOGO KL. And to put things into perspective about the location of Chambers, within walking distance of the Putra World Trade Centre – hence also within the commercial hub that houses choices of F&B outlets, banks, and clinics.
Chambers will make for a great tourist spot as within a short drive are a few of the city’s tourist attractions that includes the Malaysia’s Museum and Art Gallery, Titiwangsa Lake, Tunku Abdul Rahman Putra Memorial and the National Art Gallery.
For property investors that wish to buy a unit at Chambers, they will be pleased to know that there is an array of great education institutions close to home that includes the Kuala Lumpur Metropolitan University, the Open University of Malaysia and the International University of Malaya-Wales.
Looking For Serviced Apartments In Kuala Lumpur? Click Here!
Analysis
Chambers is considered to be one of the more valuable developments in the city because of its freehold status. It is also one of the most affordable in the terms of price per sq ft, and carries a relatively low density as shown below.
|
Name |
Completion Date |
Land Tenure |
Price per sq ft |
No. of Storeys |
Total Units |
|
Chamber |
2022 |
Freehold |
From RM950 |
33 |
509 |
|
Scarletz Suites |
2022 |
Leasehold |
From RM1,666 |
49 |
604 |
|
The Haute Gurney |
2019 |
Leasehold |
From RM645 |
36 |
274 |
Summary
Chambers is a project of quality from a recognised developer. It is a development worthy of property investors because of its central location within walking distance of the Putra World Trade Centre, and its affordable entry price.
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