Sales begins for Sky Suites @ KLCC; the hottest investment property of the year? Registration

Developer Timeless Realty Sdn Bhd has unveiled Phase 1 of its latest city centre development called Sky Suites @ KLCC. Based on its development submission, the developer name used was Phoenix Storm Sdn Bhd.

Timeless Realty Sdn Bhd is an associated company of the City Associates Group, often referred to as CA Goh & Associates in Penang or the Monoland Group in Kuala Lumpur.

According to a seasoned property investor, the location of Sky Suites @ KLCC is exceptional. It lies fronting Jalan P. Ramlee and is surrounded by corporate office towers, luxury hotels, entertainment hubs, dining outlets, public transports and a mere 5-minute walk to Suria KLCC’s main entrance.

The Sky Suites @ KLCC development consists of 986 units of serviced apartments housed in three blocks of 62-storey blocks (Tower A, B and C).

Sitting infront of them is a fourth block, oval-shaped and standalone, of 45-storey, 200-unit serviced residences with reception (Tower D). Tower D was originally planned for 352 rooms of hotel suites.

The triplet-towers are connected by a Marina Bay Sands-styled roof terrace known as “Sky Park” at Level 61 and 62, potentially making it a new iconic landmark in the city centre.

The Sky Park will contain facilities such as sky health spa, sky infinity pool, a glass-boxed sky gym, sky terrace lounge with music, sky cafe restaurant, sky bar and others.

For the use of Sky Park, residents will need to pay additional monthly charges in addition to its monthly maintenance fees.

The towers will sit on a 5-level carpark podium including 3 levels of commercial floors containing a range of lifestyle offerings that include restaurants, cafés, sports bars, KTV and entertainment outlets. The fourth tower will host a thematic club on its first and second floors.

The triplet-towers contained 330, 326 and 330 units respectively, with almost 700 units in Phase 1 have been successfully allocated to its priority and loyalty customers.

Unit sizes start from 589 sf to 890 sf. Below are the composition of unit types:

Type A1 – 845 sf (3 Bedrooms / 2 Bath)
Type A2 – 887 sf (3 Bedrooms / 2 Bath)
Type A3 – 849 sf (3 Bedrooms / Dualkey Master Bedroom / 2 Bath)
Type A4 – 890 sf (3 Bedrooms / Dualkey Master Bedroom / 2 Bath)
Type B1 – 795 sf (2 Bedrooms / 1 Study / 2 Bath)
Type B2 – 650 sf (2 Bedrooms / 2 Bath)
Type B3 – 649 sf (2 Bedrooms / 2 Bath)
Type B4 – 649 sf (2 Bedrooms / 2 Bath)
Type C1 – 845 sf (3 Bedrooms / 2 Bath)
Type C2 – 887 sf (3 Bedrooms / 2 Bath)
Type C3 – 849 sf (3 Bedrooms / Dualkey Master Bedroom / 2 Bath)
Type C4 – 890 sf (3 Bedrooms / Dualkey Master Bedroom / 2 Bath)
Type D1 – 818 sf (3 Bedrooms / Dualkey Master Bedroom / 2 Bath)
Type D2 – 825 sf (3 Bedrooms / Dualkey Master Bedroom / 2 Bath)
Type E1 – 649 sf (2 Bedrooms / 2 Bath)
Type E2 – 649 sf (2 Bedrooms / 2 Bath)
Type E3 – 589 sf (2 Bedrooms / 2 Bath)
Type E4 – 589 sf (2 Bedrooms / 2 Bath)
Type F1 – 818 sf (3 Bedrooms / Dualkey Master Bedroom / 2 Bath)
Type F2 – 825 sf (3 Bedrooms / Dualkey Master Bedroom / 2 Bath)
Type G1 – 687 sf (2 Bedrooms / Dualkey Master Bedroom / 2 Bath)
Type G2 – 710 sf (2 Bedrooms / Dualkey Master Bedroom / 2 Bath)

Phase 1 price begins from RM1,100 psf with no rebates. All units will come partially-furnished with fully-fitted bathrooms, biometric lock to main door, designer kitchen cabinets and appliances and aircons.

Likewise other developments in the city centre zone, no carpark bay will be provided attached with the unit hence a resident with car will need to pay parking fees on monthly rental basis.

Due to good response, buyers will need to issue payment for 10% downpayment and sign SPA within a week; thereafter preparing for a second progressive payment within another week.

PTLM Research has recently surveyed the site. We noted that the construction of Sky Suites @ KLCC has reached several levels of its commercial podium. Below are extracts of information from www.skysuites-klcc.com.

KL’s version of Marina Bay Sands. Sky Park at Sky Suites @ KLCC.