The Madge is an exclusive townhouse residential nestled in the sought-after address of Ampang Hilir, or known as Embassy Row. It was completed in second quarter of 2008. It is a very low density development as it only comprises 14 units of townhouses. Plenty of amenities can be found in the area. Residents can reach several prime shopping centers within minutes of driving. The Madge is just within walking distance to Hock Choon Supermarket and AmpWalk shopping centre. Adding to that, one can also take a short drive to Suria KLCC, Pavilion, Sg Wang Plaza, Starhill Gallery and Great Eastern Mall. For recreational and sport activities, there are KLCC Park, Raintree Club, Selangor Polo and Equestrian Club, and the Royal Selangor Golf Club located few kilometres away from The Madge. Furthermore, there are few schools nearby the residency such as Sayfol International, Fairview International, SMK Sri Ampang, SMK (P) Puteri Ampang, SJK (C) Ching Hwa, Goethe Institute and SJK Dato' Keramat.
Property Details
Name: The Madge Address: Jalan Madge, Kuala Lumpur Completion Date: Mid 2008 Type: Townhouse Tenure: Leasehold No. of Storey: 4 1/2 No. of Units: 14 Built-up: 6,550 sf Subsale Price: Rental: Facilities
Covered parking (3 parking bays for each unit) Private lift Sauna Swimming pool Gymnasium 24-hour securityMarket Trends
Latest transaction in The Madge, Ampang Hilir
SPA Date |
Address |
Size |
Price |
10/12/2014 |
B-X, NO.X PERSIARAN MADGE |
5414 ft2 |
5000000 |
Analysis
The layout and space of The Madge are greatly apportioned. The ground floor is allocated for guest living and there is a room for guest or study room. There are 3 bedrooms and an AV room at the first floor. Second floor is the master bedroom. And the top floor is a rooftop garden. There are plenty new developments in the area, which mostly are high-rise exclusive condominiums. Among new condominiums are Seri Hening Residence, The Katana Residences, U-Thant Residence, Mei On The Madge and Mutiara Upper East. Even though these new residential are more appealing in terms of its modern design and newness factors, older condominiums in the enclave including The Madge are preferred as it offer more exclusivity, as most older condominiums are built within 40 units.Back then in 2008, The Madge was tagged around RM550 psf. Nowadays, the asking price is around RM900 psf. Comparing it to other higher density developments around, such as U-Thant Residence (about RM1,000 psf) and Brunsfield Residence (about RM3,000 psf), The Madge has great potential to appreciate further. Nonetheless, The Madge is among the most exclusive residential in the Embassy Row.