• Arianna Leo
  • 10 September 2017

Stonor 3

Stonor 3 is located at Lorong Stonor, which is accessible via Jalan Kia Peng and Jalan Tun Razak

 

A fine masterpiece will not do justice should one part of it be missing. Stonor 3 is the total embodiment of refinement in high segment high rise living within the sphere of Suria KLCC and KLCC Park. Set to grace the skies in all its 41 storeys, it is only befitting that this custom-orientated serviced apartment is setting a new benchmark for properties in this high profile area. The starting price of its custom-oriented luxury apartments is RM1.1 mil.

 

About the Developer

Stonor 3 is the result of a joint collaboration between Tan & Tan Developments Berhad (“Tan & Tan”), a wholly-owned subsidiary of IGB Corporation Berhad (a main board-listed company on Bursa Malaysia Securities Berhad), and Mitsubishi Jisho Residence Co. Ltd (“MJR”) of Japan.

Since 1971, Tan & Tan has embarked on property projects which include condominiums, landed property and gated communities, commercial and residential buildings, as well as hospital development.

The company’s on-going projects include Damai Residence in Kuala Lumpur, three28 at Jalan Tun Razak, Park Manor in Sierramas, G Residence along Jalan Desa Pandan, Seri Ampang Hilir Residences, and Damai 15 on Jalan Damai Kuala Lumpur.

Its completed projects are Hampshire Place, Persiaran Hampshire; One Jelatek along Jalan Jelatek, and Cendana, beside Renaissance Hotel in Kuala Lumpur.

Mitsubishi Jisho Residence Co. Ltd is a subsidiary of the Mitsubishi Estate Group. Founded in January 2011 as an extension of the Group’s residential division has led to its emergence as a leading supplier of condominiums in Japan. MJR have since been building condominiums in metropolitan Tokyo, Sapporo, Sendai, Nagoya, Osaka, Hiroshima, and Fukuoka.

Awards/Accolades:

  • The Edge Malaysia Top Property Developers Awards 2014 (12 consecutive wins since 2003)
  • FIABCI Malaysia – Malaysia Property Award for Residential Development 2002
  • FIABCI Malaysia – Malaysia Property Award for Best Residential High Rise 2012

 

Property Details

Property Name: Stonor 3

Property Type: Serviced Apartment

Address: 3, Lorong Stonor, 50450 Kuala Lumpur

Furnishing: Fully fitted

Land Size: 1.48 acres

Land Tenure: Freehold

Land Title: Commercial under HDA

No. of Towers: 1

No. of Storeys: 41

No. of Units: 400

Build up: 649 sq ft – 1,232 sq ft

Unit Type:

  • Type A (1 Bedroom, 649 sq ft)
  • Type B (1 Bedroom, 689 sq ft)
  • Type C (2 Bedrooms, 871 sq ft)
  • Type D (3 Bedrooms, 1,031 sq ft)
  • Type E (3 Bedrooms, 1,232 sq ft)

Selling Price: between RM1.1 mil and RM2.1 mil

Price per sq ft: RM1,650

Maintenance Fee: RM0.55 psf

Security Features: 3 tiers

Expected Date of Completion: December 2019

Developer: Tan & Tan Developments Berhad (13042-H) – An IGB company

Marketing & Sales HQ:  Suite 16.02, Level 16, The Gardens South Tower, Mid Valley City, Lingkaran Syed Putra, 59200, Kuala Lumpur

Website: tantan.com

Sales Gallery: Level 8, Annexe Block, Menara IGB, The Boulevard Mid Valley City, Lingkaran Syed Putra, 59200, Kuala Lumpur

Contact Number: 03-2283 2266

Opening hours: 10 am and 5pm daily

Email Contact: marketingsales@igbcorp.com

Facilities (on Level 7 Sky Deck):

  • Dipping Pool
  • 40-metre Infinity Edge Lap Pool
  • Floating Gym
  • Sun Decks
  • Mini Cineplex
  • Multi-function Hall
  • Children’s Playground
  • Children’s Pool
  • Pavilion
  • Studio Terraces
  • Landscaped Verandas
  • Recreation Deck

(Rooftop Garden):

  • Private Function / Meeting Rooms
  • Barbecue Deck
  • Herb Patio
  • Toilets
  • Lift Lobby
  • Courtyard Garden
  • Roof Terrace

(Ground Floor):

  • Guardhouse & Security Station
  • Porte-cochere
  • Concierge
  • Resident’s Lounge
  • Glass Pavilion
  • Water Feature
  • Lift Lobby
  • Restrooms & Toilets
  • Disabled Carpark
  • Visitor’s Carpark
  • Carpark Entrance
  • Carpark Exit

Project Details

Boasting a gross development value (GDV) of RM650 mil, Stonor 3 is the total embodiment of refinement in high segment high rise living within the sphere of 140,000-sq-metre Suria KLCC shopping mall and 20-hectare KLCC Park. Set to grace the skies in all its 41 storeys, it is only befitting that this custom-orientated serviced apartment, (which was officially launched in October 2016) is setting an entirely new benchmark for properties in this high profile area. The starting price of its luxury apartments is RM1.1 mil.

 

Living space of a Stonor 3 unit

Living space of a Stonor 3 unit

 

Home to a total of 400 units, the size of the smaller units are 649 sq ft (Type A) and 689 sq ft (Type B) respectively, which feature 1 bedroom with 1 bathroom, 2 bedroom and 2 bathroom units measuring at 871 sq ft (Type C), followed by 3 bedroom and 2 bathroom units at 1,031 sq ft (Type D) and the largest of them all – 3 bedroom and 3 bathroom units with a built up of 1,232 sq ft (Type E).

 

Bathroom of the master bedroom

Bathroom of the master bedroom

 

The residential floors take up 32 levels in the building, beginning from Level 8 to Level 40. There are 12 units per floor.

 

Water closet with Japanese technology

Water closet with efficient Japanese technology

 

Featured within the confined spaces of these “curated luxury apartments” are solid panel entrance doors embedded with imported Kawajun levers and locksets, German-designed rain shower and tapware, Toto Neorest high-tech Japanese water closet, and a semi-sunken Japanese soaking tub, complete with a bench seat for a relaxing experience. The flooring material of choice for all rooms is solid Burmese Teak hardwood floors, except for the kitchen and wet rooms.

 

Master bedroom

Master bedroom

 

All units are fully-fitted with kitchen appliances from De Dietrich and Brandt. These include a built-in steam oven, extractor hood, induction hob, refrigerator, and combi washer and dryer, as well as heat-resistent Quartz stone countertop. Only featured in a Type E unit is a walkthrough wardrobe.

 

Fully-fitted kitchen in a Type C unit

Fully-fitted kitchen in a Type C unit

Stonor 3 offers a multitude of open spaces. Spread across the 7th floor is what’s called the Sky Deck where all the leisurely and sports facilities are. Facilities include a dipping pool, 40-metre infinity edge lap pool, 200-sq-metre glass-enclosed cantilevered gym, sun decks, mini cineplex, multi-function hall, children’s playground, children’s pool, pavilion, studio terraces, landscaped verandas, recreation deck.

 

Fully-fitted bathroom in a Type C unit

Fully-fitted bathroom in a Type C unit

 

Perched on the 40th floor is a rooftop garden, which is located on the same floor as 2 private meeting rooms, barbecue deck, herb patio, toilets, courtyard garden, and roof terrace. There is also a separate shaded walkway – dotted with spaces for Yoga, Pilates, and convertible table-to-massage beds, not forgetting WiFi pods at covered recreational spaces.

Ground floor facilities include a guardhouse and security station, porte-cochere, concierge, resident’s lounge, glass pavilion, water feature, lift lobby, restrooms and toilets, disabled carpark, visitor’s carpark, carpark entrance, and carpark exit.

At this point in writing, all studio units with a built up space of 748 sq ft have been taken up. The maintenance fee is approximately RM400 a month.

Other Features:

  • 3 metre high ceilings in the main areas
  • Concealed air-conditioning units
  • Hot and cold water system
  • Dedicated service lift access for maintenance
  • Energy saving compliant tap fittings and air-conditioners
  • Full ceiling-height wardrobes
Show More

Location

What used to be an area where bungalows abound has now been taken over by luxury serviced apartment Stonor 3, which occupies a 1.48-acre freehold plot on Lorong Stonor and is accessible via Persiaran Stonor. Existing high rise residential towers nestled within short walking distances include Stonor Park, The Binjai On The Park, and Platinum Park.

 

Construction banner of Stonor 3

This advertising banner of Stonor 3 can be seen along Jalan Stonor

For shopaholics, the greatest attraction in the area is Suria KLCC shopping mall. For the athletics at heart, there is KLCC Park, which is considered the greenest part of a city that’s full of skyscrapers!

 

This road leads directly to one of Suria KLCC shopping mall's many carpark entrances

Jalan Stonor leads directly to one of Suria KLCC shopping mall’s many carpark entrances and also connects to Jalan Tun Razak

 

Embassies located close by are Embassy of Japan in Malaysia, Embassy of the Socialist Republic of Vietnam in Malaysia, and Embassy of the Philippines. Other high rise residences in close proximity include Dua Residency and Pavilion Residences Apartments.

Condominiums nearby include The Pearl KLCC and The Oval Kuala Lumpur. Immediate neighbouring residences to Stonor 3 are Suria Stonor and Aria Residences.

 

Prince Court Medical Centre is close by

Prince Court Medical Centre is close by

The nearest hospital is Prince Court Medical Centre. This medical centre is home to a highly extensive list of medical departments, including Anaesthesiology, Assisted Reproductive Technologies (ART), Breast and Endocrine Surgery Services, Burns Unit, Cardiology, Dermatology, Ear Nose and Throat Surgery, Endocrinology (Diabetes Services), an Executive Health Screening Centre, and Eye & LASIK Centre, just to name a few.

Hotels located within a 6km radius are The Royal Chulan Hotel, Trader’s Hotel; famed for its Skybar, and Mandarin Oriental Hotel, as well as Pullman City Centre Hotel and Residences.

Fine dining restaurants such as Marble 8 Steakhouse also dominate the local landscape. However, what those who are familiar to the area surrounding Stonor 3 prize most are the nice quaint restaurants residing in houses.

 

Platinum Park is located within a stone's throw from Stonor 3

Platinum Park is located within a short walking distance from Stonor 3

Stonor 3 is accessible to Jalan Tun Razak via Persiaran Stonor, as well as Jalan Ampang, Jalan Kia Peng and Jalan Bukit Bintang.

Residents of Stonor 3 will have easy access to public transportation such as the Light Rail Transit System (LRT). The main LRT stations are KLCC, Masjid Jamek, and Dang Wangi. There is also the air-conditioned monorail. Its travel route runs from KL Sentral to Titiwangsa.

 

Jalan Tun Razak is one of the nearest major roads near Stonor 3

Jalan Tun Razak is one of the nearest major roads that are linked to Persiaran Stonor

 

To get around Kuala Lumpur’s Central Business District (CBD), there’s GOKL free city bus service, which allows passengers to zip from Suria KLCC and Bukit Bintang, and between Bukit Bintang and Chinatown for free! This free city bus service has been running since 31st August, 2012 and it serves two routes – Green and Purple Line. The Green Line shuttles between KLCC and Bukit Bintang. The Purple Line circles from Hub Pasar Seni to Bukit Bintang.

Show More

Analysis

Price Analysis

Name of Development Land Tenure No. of Storeys Built-up Maintenance Fee No. of Units Approximate Price Per Sq Ft Selling price
The Colony,Jalan Dewan Sultan Sulaiman Freehold 43 – Block B33 – Block A 705 sq ft – 1,155 sq ft RM0.40 psf 423 RM1,250 Starts from RM880,000 ++
Le Nouvel, KLCC Freehold 49 storeys and 43 storeys 1,679 sq ft – 5,823 sq ft RM0.95 psf 195 RM3,000 (average) Starts from RM5 mil
Stonor 3, KLCC Freehold 41 649 sq ft – 1,232 sq ft RM0.55 psf 400 RM1,650 Starts from RM1.1 mil

 

The rental for a 1-bedroom apartment is between RM3,500 to RM4,000. The average rental yield of apartments in the market is estimated to be at 4 to 5 percent.

Show More

Summary

Stonor 3 is tucked at Lorong Stonor, which is a cul-de-sac. If you are fortunate, you might get a unit with a view of the Petronas Twin Towers, in a sea of skyscrapers. The greenery of KLCC Park is within your reach by foot, so is the convenience of easily-accessible public transportation with one station under the upcoming MRT Line 2 near by.

Expect to indulge in the creature comforts of a top notch development by a reputable developer renowned for developing quality high-rise residences. Facilities are among the best in the area too. What more could you ask for?

Show More
Eric Wong

Arianna Leo