The Colony, Jalan Dewan Sultan Sulaiman

  • Arianna Leo
  • 26 April 2017

Artist's night impression of The Colony luxury high-rise residence

Artist’s night impression of The Colony luxury high-rise residence

 

The Colony is a two-block, dual key concept serviced apartment which stands 43 storeys tall. Located one street away from Quill City Mall, this freehold serviced apartment which fronts Jalan Dewan Sultan Sulaiman is comprised of both retail and residential components; which is one street away from Jalan Sultan Ismail in downtown Kuala Lumpur. The prices of units, ranging from 1 bedroom dual key units to 2 bedroom penthouses, start from RM880,000 onwards.

 

About the Developer

MACLY Equity Sdn Bhd is a Malaysian subsidiary of Singapore-based real estate development company MACLY Group. Having been around since 1987, the Group has developed an impressive string of properties – from landed, apartments, condominiums, mixed developments, to commercial and cluster housing projects. By 2011, the Group had already launched 20 developments, and over 1,000 residential and commercial units in Singapore. The Group pioneered the “shoebox apartment” property phenomenon in Singapore.

The name of some projects by MACLY Group are Mackenzie 138, Suites @ Owen, and Nottinghill Suites. More recently, the Group has collaborated with Roxy Pacific Holdings Ltd in developing such projects as Eon Shenton, Haig 162, and Natura. Roxy Pacific Holdings Ltd is a listed property and hospitality group which started in 1967. Among its projects include Spottiswoode 18, Nova 88, and Grand Mercure Roxy Hotel.

Awards/Accolades: Recipient of Prestigious Greenre Gold (Provisional) Award

 

Property Name: The Colony by Infinitum

Property Type: Mixed Commercial Retail and Residential

Furnishing: Semi-furnished

Address: No. 18 Jalan Dewan Sultan Sulaiman, 50300 Kuala Lumpur

Land Size: 1.4 acres

Land Tenure: Freehold

Land Title: Commercial under HDA

No. of Towers: 2

No. of Storeys:

  • Block A (Phase 1) – 33
  • Block B (Phase 2) – 43

No. of Units: 723

No. of Lifts: 4

Build up: 705 sq ft – 1,155 sq ft

Unit Type:

  • Type A (705 sq ft, 1 Bedroom Dual Key)
  • Type A3 (720 sq ft, 1 Bedroom)
  • Type B1 (795 sq ft, 1 Bedroom Duplex)
  • Type C (725 sq ft, 2 Bedroom)
  • Type C (Corner) – 745 sq ft, 2 Bedroom)
  • Type D (945 sq ft, 2 Bedroom Loft)
  • Type D1 (990 sq ft, 2 Bedroom Loft)
  • Type P1 (1,140 sq ft, 2 Bedroom Penthouse)
  • Type P1(B) (1,140 sq ft, 2 Bedroom Penthouse)
  • Type P1 (Corner) – 1,155 sq ft (2 Bedroom Penthouse)

Price per sq ft: RM1,250 psf

Selling Price: starts from RM880,000

Maintenance Fee: RM0.40 psf

Security Features: 3 tiers

Expected Date of Completion: 3rd quarter of 2020

Developer: MACLY Equity Sdn. Bhd.

Contact Number: (+65) 8418 8689

Sales Enquiries: 03-6201 9188 / 012-917 2179

 

Artist's impression of the front exterior of The Colony

Artist’s impression of the front exterior of The Colony

Facilities:

  • Children’s Playground
  • Barbecue/Outdoor Dining
  • Pool Deck
  • Swimming Pool
  • Wet Deck
  • Jacuzzi
  • Business Lounge
  • Shallow Pool
  • Resident’s Lounge
  • Internet Room
  • KTV Room
  • Staff Recreation Room
  • Planter
  • Sauna
  • Indoor Dining
  • Gymnasium

Project Details

Facilities

Facilities

Visible from Jalan Sultan Ismail and fronting Jalan Dewan Sultan Sulaiman, The Colony comprises 2 residential blocks – with Block A at 33 storeys, and Block B at 43 storeys. Between Block A and Block B, there are a total of 723 units. In addition to the residential units are three storeys of retail outlets at the lower levels of Ground and Level 1. The security of the building is 3 tiers, with CCTV and access card.

 

Specifications

Specifications

Housed on the 8th floor right up to the 18th floor are the duplexes whereas the simplexes are located from the 19th floor until the 32nd floor. Fourteen units of penthouses sized at 1,140 sq ft are located on the 33rd floor. There will be four orientations or views – Bukit Tunku, Sheraton Imperial Hotel, KLCC and Jalan Tun Razak.

Photo source:

Photo source: http://www.thecolony-infinitum.com/videos

The carpark facility is located from the 2nd until the 7th floors. The number of parking lots is 997, which are divided into 723 lots for residents, 30 visitor lots, and 33 retail and season parking lots.

Perched on the uppermost floor of Block A is a resident’s club floor. The facility floors are located on Level 34 and 35. Of the facilities designated in Block A is the children’s playground on the Ground level. On the 35th floor is a barbecue and outdoor dining, pool deck, outdoor swimming pool with a view, wet deck, Jacuzzi, business lounge and shallow pool. Facilities that will be located on the 35th floor of Block B is a resident’s lounge, internet room, KTV room, staff recreation room, planter, and sauna.

Housed on the 36th floor of Block A is a gymnasium and indoor dining space. Between Block A and Block B, there are 14 to 16 units on every floor.

As units are semi-furnished, all units come with built-in kitchen cabinets, hood and hob, sink and tap, built-in wardrobe, 2 split type air conditioning units, 2 electrical storage water heater, washing machine, refrigerator, oven and something that is not commonly provided – lights!

The maintenance fee is RM0.40 per sq foot, which translates to approximately RM280 per month. The good news is that for the first year, residents do not need to fork out any money for maintenance. The units increase in price for every increasing level from between RM3,000 to RM5,000.

Launched in early 2016, 80% of units in Block A is already taken up. The estimated completion date for Phase 1 of The Colony is in the third quarter of 2020.

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Location

The Colony's site banner

The Colony’s site banner

Occupying 1.4 acres of land between Chow Kit and Kampung Baru, The Colony is bordered by Jalan Tuanku Abdul Rahman, Jalan Dewan Sultan Sulaiman, and Jalan Raja Abdullah. The Colony nestles one street behind Quill City Mall, which sits opposite Sheraton Imperial Hotel on Jalan Sultan Ismail. Medan Tuanku Monorial Station, an elevated station, is reachable within a short walking distance.

 

View of Quill City Mall

View of Quill City Mall

Quill City Mall is home to international highstreet wear brand H&M, Rockport shoes, Golden Screen Cinemas (GSC), AEON Departmental Store spanning 5 levels, mobile phone services provider TMpoint and Maxis, and Hamleys from London children’s department store, among others.

 

University Kuala Lumpur

University Kuala Lumpur is located right beside this mall

Existing landmarks surrounding The Colony include University Kuala Lumpur, SME Bank, EXIM Bank, and Sheraton Imperial Hotel.

 

Sheraton Imperial Hotel sits opposite Quill City Mall on  Jalan Sultan Ismail. Located beside this hotel is Asian Heritage Row

Sheraton Imperial Hotel sits opposite Quill City Mall on Jalan Sultan Ismail. Nestled beside this hotel is the Asian Heritage Row

Flash floods after a heavy downpours have been recurring over the years in Kuala Lumpur, with the last major one in 1971. The worst flash floods took place in 2007, during which various locations in the city were submerged under one metre of water.

 

EXIM Bank is close by

EXIM Bank is close by

 

The worst-hit areas include Jalan Masjid India, Jalan Ipoh, Kampung Baru, Kampung Chubadak, and Sentul. The most recent flash flood occurred on New Year’s Eve of 2011, which affected major roads surrounding Jalan Tun Razak caused by an overflow from Sungai Bunus.

 

The Monorial train along Jalan Sultan Ismail

The Monorial train along Jalan Sultan Ismail

Sungai Bunus, which stretches nine kilometres long, is one out 11 major tributaries of Sungai Klang. It starts from Setapak, Wangsa Maju and Setiawangsa, across Kampung Baru and the center of Kuala Lumpur near Masjid Jamek before it flows into Sungai Klang.

 

Jalan Raja Abdullah heading towards Jalan Sultan Ismail

Jalan Raja Abdullah heading towards Jalan Sultan Ismail

The after effects of the flash flood in 2011 resulted in the Sungai Bunus Flood Mitigation Project undertaken by the Department of Irrigation and Drainage in 2013. The project is a joint effort under the River of Life (ROL) project and Kuala Lumpur City Hall’s Local Agenda 21.

(Source:http://www.dailyexpress.com.my/news.cfm?NewsID=98307)

 

Restaurant on Jalan Dewan Sultan Sulaiman

One of the restaurants on Jalan Dewan Sultan Sulaiman that serve authentic Malay cuisine

Bearing the postcode of 50300, The Colony is located along the fringes of Kampung Baru, an area covering 300 acres of land within the thriving metropolis of Kuala Lumpur. World class skyscrapers Petronas Twin Towers is easily accessible in less than 4 km.

What’s so unique about Kampung Baru? Kampung Baru, is a Malay place name, when translated to English, means new village. The history of Kampung Baru traces back to the late 1800s, when the first inhabitants first settled in the area. By 1900, the British officially demarcated Kampung Baru as a Malay Agricultural Settlement.

Authorities that are in charge of Kampung Baru is Dewan Bandaraya Kuala Lumpur (DBKL) and Kampung Baru Development Corporation (PKB).

Fast forward to 2015, the local government of Malaysia introduced a Development Master Plan. This plan indicates a redevelopment plan for Kampung Baru. According to news reports by Kampung Baru Development Corporation (PKB), Kampung Baru will undergo a RM43 billion facelift in the next 20 years. It continued that during “this redevelopment exercise, the number of residents are expected to jump from the current 18,372 to 77,000”.

Under this plan, road infrastructure upgrades that will take place include the roads and plans to add an MRT Line 2 station that will cut across Kampung Baru.

(Source: http://pkb.gov.my/en/public/pkb/press-releases/redeveloping-kampung-baru)

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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
Setia Sky Residences,Jalan Tun Razak  Freehold 40 635 sq ft – 1,755 sq ft N/A 820 N/A Starts from RM816,000 onwards
Regalia @ Sultan Ismail, Jalan Sultan Ismail Freehold 37, 35 and 34 500 sq ft to 2,400 sq ft RM0.33 psf 1,033 RM820 Starts from RM450,000 ++
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 ++

The current rental for a 700 sq ft unit is RM4,500 a month.

 

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Summary

The Colony nestles at a more low-key and subdued part of the central business district of Kuala Lumpur. Yet the pulsating energy of this city can be felt, and to live and experience its vibrant night life, which is not too far away are two of Kuala Lumpur’s most popular nightspots – Asian Heritage Row and Changkat Bukit Bintang.

Public transportation include the monorail, LRT, and commuter services, which connects to various parts within the confines of the downtown core – places such as Bukit Bintang, Pasar Seni, KLCC, and KL Sentral Interchange.

When compared to the price point of properties around KLCC, which are priced at approximately RM3,000 per sq ft, The Colony is considered to be along an affordable range if you are looking for a more affordably-priced high-end high-rise property within the city centre.

 

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Eric Wong

Arianna Leo

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