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Property Insights & Reviews : Crescent Court

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Crescent Court

1 for Sale

0 for Rent

Freehold

F/H

Crescent Court is a 20-storey high-rise residential condominium situated on Lengkok Tun Sambanthan in Brickfields. This residential project was built in 2000. It is of freehold tenure with strata titles. There is only one block of 20-storey building in the compound. Facility only includes a swimming pool, car parks plus 24-hour security.Brickfields is right outside central Kuala Lumpur. It is a small to medium sized town. There is a high concentration of Indian residents and business activities such as spice shops, grocery outlets, textile shops, goldsmiths, restaurants, hotels, flower stalls and snacks shops. Along Jalan Sultan Abdul Samad, there is high focus of the popular printing and paper distribution business. As a result of the wide arrays of Indian activities that Brickfields is also commonly known as Little India in Kuala Lumpur. Although Brickfields is not really a big town, it has unusually high number of schools servicing the communities. There are 7 primary schools and 2 secondary schools. The two private schools are Methodist College Kuala Lumpur and Global Indian International School. Moreover, there is also a college in Brickfields called Brickfields Asia College. The schools nearby Crescent Court are SK Taman Universiti (13.76 km), Sekolah Kebangsaan Sungai Kantan (18.58 km) and Bandar Baru Sungai Buloh Secondary School (18.98 km).Being located just outside the central of Kuala Lumpur, Crescent Court is accessible to a convenient public transportation network. Going to Bangsar LRT is less then 0.42km. The Masjid Jamek LRT is 2.81km away while the Chan Sow Lin LRT is 3.64km. Moreover, the KL Sentral station is located nearby providing numerous transportation choices such as KL Monorail, KTM Komuter, Express Rail Link and Rapid KL's Kelana Jaya Line.

Property Details

Name: Crescent Court

Address: Lengkok Tun Sambanthan, 50470 Brickfields, Kuala Lumpur

Completion Date: 2000

Type: Condominium

Tenure: Freehold

No. of Block: 1

No. of Storey: 20

SubSale Price: Around RM280 - RM300 psf

Rental:

Facilities

Car parks

Swimming pool

24-hour security

Market Trends

Latest transaction in Crescent Court, Brickfields

SPA Date	Address	Size	Price
03/11/2016	Jalan Tun Sambathan	1561 ft²	600000
01/05/2016	Jalan Tun Sambathan	1561 ft²	770000
03/10/2015	Jalan Tun Sambathan	1625 ft²	540000
07/08/2015	Jalan Tun Sambathan	1625 ft²	680000
10/03/2015	XA, JALAN TUN SAMBATHAN	1625 ft²	540000

Analysis

Being just 5 minutes from KL Sentral station, Crescent Court is situated in a very convenient location. Apart from the rails, there is also a wide network of Rapid buses running through the area. Due to its central location and the nearby extensive transportation services, Crescent Court has managed to capture the rental markets among those college students studying in the area. The rental for a room at Crescent Court is about RM400 per month inclusive of electricity and water. The rental yield is above 5%, which can be considered good given the property has been over 10 years.The town Brickfields is one of the major access points going into and out of the Kuala Lumpur city. As mentioned, there is a high density of schools plus wide arrays of business activities. All these together with the residential traffic can cause very bad traffic jam in the mornings and evenings.Brickfields is long being perceived as a notorious area with high rate of crimes and prostitutes trading. However, this negative image is slowly disappearing because of the 290,000 square meters KL Sentral development project. Other then being known as Little India, the town is also a centre of prostitution with prostitutes from South East Asia and local workers. They mainly station along Jalan Thambipillay.Apart from being a transportation hub, KL Sentral consists of hotels, condominiums, shopping complexes, office buildings, entertainment centers and convention. Since a large part of the KL Sentral project is to be built on the marshaling yard in Brickfields, the government has put in huge effort to clean up the whole area. The rapid development has left Brickfields an area mixed with small village type housing with high-rise modern living condominiums. The area has evolved from a residential to a commercial extension of downtown Kuala Lumpur. It is an area with good potential investment.

位于吉隆坡十五碑Lengkok Tun Sambanthan的20楼高 Crescent Court，是一座建于2000年的公寓住宅单位，其公寓设施不多，基本上只有泳池、停车位和24小时保安。十五碑是一个位于首都中央的中小型市镇，是印裔聚居地之一，他们经营香料、金店、餐厅、花档、杂货及布匹生意为主，因此这里被喻为“小印度”。虽然这不是个大社区，但却蛮多学校进驻这里，总共7所小学和2所中学，以及3所私立学府（Methodist College Kuala Lumpur、Global Indian International School以及Brickfields Asia College）。Crescent Court除了交通网络发达，也临近公共交通网络，附近一带的轻快铁站包括Bangsar站、Masjid Jamek站，而不远处的KL Sentral交通综合总站提供各类公共交通服务，包括单轨火车、电动火车、机场快铁和轻快铁。

产业资讯一览

名称: Crescent Court

地址: Lengkok Tun Sambanthan, 50470 Brickfields, Kuala Lumpur

竣工日期: 2000年

类型: 公寓

产权: 永久地契

建筑物: 1栋

层数: 20层

转售价: 大约RM280 – RM300 psf

租金: RM1,700 - RM3,700

设施

停车位

泳池

24小时保安

Market Trends

Latest transaction in Crescent Court, Brickfields

SPA Date	Address	Size	Price
03/11/2016	Jalan Tun Sambathan	1561 ft²	600000
01/05/2016	Jalan Tun Sambathan	1561 ft²	770000
03/10/2015	Jalan Tun Sambathan	1625 ft²	540000
07/08/2015	Jalan Tun Sambathan	1625 ft²	680000
10/03/2015	XA, JALAN TUN SAMBATHAN	1625 ft²	540000

分析

Crescent Court 距离KL Sentral交通综合总站只有5分钟车程，这是此产业最有利的优势，除了有方便的铁路服务，这里也是公共巴士必经之地，因此，很多学院生选择在此居住，有不错的租金市场。虽然楼龄超过10年，但租金回酬仍有5%左右。一般上，Crescent Court每个房间租金可达RM400（包水电费）。十五碑经过翻新重建，加上许多现代化的产业计划涌现，昔日红灯区面貌完全褪出。此区除了是交通枢纽，也是酒店、公寓、办公大楼的云集之地。