Dua Sentral

Dua Sentral (also known as D'Tiara Office & Hotel Suites) in Brickfields is development located on a 2.19-acre freehold land, which is a mere 10-minutes walking distance from KL Sentral, Malaysia's largest transit hub that offers global connectivity, excellent investment opportunities, business convenience and an international lifestyle. Once Dua Sentral is fully completed it will be a part of a "city-within-a-city" concept consisting of a global office address, international hotels, luxurious living, shopping, international exhibitions and entertainment hub for the district of Brickfield. It will consists of 2 towers, 33 storeys each. At present, the offices are not up for sale but the hotel suites are. Prospective buyers can choose 1 of 6 designs for their suites, with a built-up size ranging from 587 sf up to 1,032 sf. 560 parking spaces will be made available. Dua Sentral offers a variety of modern facilities from the 1st six levels of its hotel suites tower block such as a grand lobby complete with a luxurious lounge, concierge services, a business centre, seminar rooms, safe deposit boxes, shuttle service, boutique restaurants & eateries, spa & wellness centre, infinity pool & water activity pool, and a gymnasium. It is strategically located and accessible through the KL Sentral transit hub via the Kuala Lumpur International Airport (KLIA) Express Rail Link (ERL), Light Rail Transit, Monorail and also the KTM Commuter and Intercity Train Services, a bus hub serviced by Rapid KL which is the city shuttle bus service.As well as other bus services that ply the KL Sentral-KLIA route, along with fast and easy access to Kuala Lumpur city centre, along with direct connections to the major roads of Kuala Lumpur and several major highways. This self contained development is easily accessible and truly deserves its image as an integrated live, work and play environment. Dua Sentral also has easy accessibility through major expressways such as Jalan Bangsar which leads to the New Pantai Expressway (NPE), Kerinchi Link, SMART expressway, Jalan Damansara which leads to Lebuhraya Mahameru and the Sprint Highway for fast connection to Petaling Jaya, Damansara Heights or Bangsar.

Property Details

Name: Dua Sentral (also known as D'Tiara Office & Hotel Suites)

Address: Jalan Tun Sambanthan, Brickfields, Kuala Lumpur

Developer: JV between Oilcorp & Amanah Raya (with Magic Coast as its main developer)

Completion Date: 3Q 2011

Type: Hotel Suites & Offices

Tenure: Freehold

No. of Storey: 33

No. of Units: 378

Built-up: 587 sf & 1,032 sf

Launch Price: RM600 - RM700 psf

Layouts

Type H1 (1 room, 587 sf)

Type H2 (1 room, 668 sf)

Type H3 (1 room, 710 sf)

Type H4 (2 room, 872 sf)

Type H5 (2 room, 920 sf)

Type H6 (2 room, 1,032 sf)

Facilities

Grand lobby / luxurious lounge

Concierge services

Business centre and seminar rooms

Launderette and convenience store

Safe deposit boxes

Shuttle service

Boutique restaurants and eateries outlet

Spa and wellness centre

Infinity pool and water activity pool

Gymnasium

Market Trends

Analysis

Dua Sentral in Brickfields is without doubts a development featuring luxurious hotel suites with offices, which would be attractive for business investors. In terms of convenience, there are numerous amenities to be found nearby such as shopping malls, hospitals, and accessibility via numerous highways.To try and convince potential investors to purchase in Dua Sentral that it is a safe and viable investment opportunity, it has a leaseback scheme with a Guaranteed Rental Return (GRR) of 7% net which will provide potential investors with long term gains. However, potential buyers should be aware that one of the companies that are part of this venture, Oilcorp, has been known to be in serious financial trouble as of late last year and became a PN17 company. In addition, a fire broke out during construction work in January 2010 on the 23rd floor.