Regency Tower is an old and low-density condominium located along Jalan Ceylon, amidst lush greenery of Bukit Ceylon. It is sited in between Bolton Court (Sixceylon) and the upcoming Verticas Residensi. It is wholly owned by Keck Seng (M) Bhd, and only available for lease.Regency Tower was completed in 1990 on a 40,237 sf freehold land. This 21-storey tower houses a total 80 units with a net lettable area of 178,285 sf. It is built with an annexe with 3-storey car park that consists of 108 car park bays, and facilities which comprises tennis court, squash court, function room, swimming pool, spa pool and barbeque area. Regency Tower is currently owned by Keck Seng, a wholly owned subsidiary of HKH Holdings. It was bought over from Paramount Corp's subsidiary Wangsa Merdu for RM62.5 million in April 2006. The purchase is in line with the company's aim to invest in residential building within an established area. Regency Tower was bought by Paramount Corp from Goldhill Development right after its completion in 1990 for RM59.5 million. Strategically located in the centre of the city, Regency Tower enjoys vast array of amenities located surrounding it. It is just 5 minutes of walking away to Changkat Bukit Bintang bar and restaurant strip that roofs Le Bouchon, Green Man Pub, Reggae Bar and Ciccio Ristorante to name a few. There are rows of shopping centres along Jalan Bukit Bintang, namely Pavilion, Sg Wang Plaza, Lot 10 and Star Hill. Schools are also nearby, including SJK (C) Nan Kai, SMK Convent Bukit Nanans, SMK St John, SJI KL, Methodist Boys School Kuala Lumpur and SJK (C) Jalan Davidson – all within 1km away from the condominium. Regency Tower is accessible from Jalan Ceylon which is connected to Jalan Bukit Bintang, Changkat Raja Chulan and Jalan Bukit Ceylon. Hence, this condominium can be easily accessed from any corner of the city centre. Adding to that, there are a few LRT and Monorail stations located within close proximity to it including Bukit Bintang Monorail station, and Hang Tuah RapidKL LRT station.
Property Details
Name: Regency Tower Address: 8, Jalan Ceylon, 50200 Kuala Lumpur Developer: Goldhill Development Completion Date: 1990 Type: Condominium Tenure: Freehold No. of Blocks: 1 No. of Storey: 21 No. of Units Standard: 76 Duplex Penthouse: 4 No. of Bedrooms: 3+1 No. of Bathrooms: 3 Land Area: 40,237 sf Built-up Standard: 2,154 sf – 2,750 sf Duplex Penthouse: 4,200 sf Rental: Facilities
24-hour security Covered parking bays (108 bays) Tennis court Squash court Swimming pool Spa pool Barbecue area Function roomAnalysis
Right next to Regency Tower is a brand new and among the latest condominium within the enclave, Verticas Residensi. It is scheduled to be completed in April 2011. Therefore, one should expect a lot of construction works noise and polluted air coming from the construction site before its completion. Nonetheless, Regency Tower is a nice condominium to call home due to its close proximity to the city centre and commercial centres. However, there are several other condominiums nearby that offers cheaper rental rate. But if your main concern is privacy, Regency Tower is definitely a good catch.
