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Property Insights & Reviews : Seri Bukit Ceylon

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Seri Bukit Ceylon

1 for Sale

0 for Rent

Freehold

F/H

Seri Bukit Ceylon (also known as Somerset) is a towering serviced residence located within the heart of the Golden Triangle of Kuala Lumpur. It is situated along Lorong Ceylon, together with Downtown Condominium, Menara Bukit Ceylon and PMI Tower. The building of Seri Bukit Ceylon is basically divided into separate entities. Somerset Seri Bukit Ceylon, a hotel-like serviced residence managed by the renowned Ascott International, takes 4th to 12th floors. Meanwhile, 13th to 23rd floors are occupied by residents of Seri Bukit Ceylon itself, which units are available for purchase as well as rental.There are seven residential unit types available for short and long term rentals, which include Studio Executive (built-up 584 sf), Studio Premier (591 sf), 1-bedroom Executive (640 sf), 1-bedroom Premier (730 sf) and three variants of 2-bedroom units such as 2-bedroom Deluxe (937 sf), 2-bedroom Executive (1,118 sf) and 2-bedroom Premier (1,260 sf).Most facilities within Seri Bukit Ceylon are shared facilities among the guests and residents. These include a medium sized swimming pool on the 4th floor and gymnasium. Besides that, the building houses a small cafe, namely Soires at the pool area that serves basic meals from 7.00 am to 10.00 pm.Seri Bukit Ceylon is designed to facilitate and cater global traveler and family. It is well located with numerous amenities and facilities within reach. You can reach RHB Bank at Jalan Bukit Bintang, Frangipani Restaurant and Bar, and rows of bars, restaurants and commercials. Seri Bukit Ceylon is just minutes away from Raja Chulan monorail station. From the monorail station, you can reach various destinations into the heart of the city, or take a ride to the KL Sentral and take other mean of transportation. You might also walk to you office as there are plenty of office towers surrounding the area. Also, there are several of shopping galore to suit your lifestyle, among others including Pavilion KL, Lot 10, Starhill Gallery, Suria KLCC and Berjaya Times Square. These shopping malls houses hundreds of apparel brands and designers' stores. Not only that, you also find cheap and cultural goodies at Petaling Street, the Chinatown of Kuala Lumpur, and Central Market located not far away from the vicinity. For nightlife, you can hang out and chill with friends at the rows of bars within Bukit Bintang enclave. Or if you prefer to party instead, you can hop into the clubs residing along Jalan P Ramlee and within the Golden Triangle enclave. Among the hottest clubs in the vicinity are The Beach, Nouvo, Rumms Jungle and Zouk.

Property Details

Name: Seri Bukit Ceylon (also known as Somerset)

Address: No 8 Lorong Ceylon, Off Jalan Raja Chulan, 50250 Kuala Lumpur

Type: Condominium

Tenure: Freehold

No. of Blocks: 1

Built-up: 584 - 1,260 sf

Maintenance Fee: RM0.35 psf

Subsale Price:

Rental:

Layouts

Studio Residence (584 – 591 sf)

One-Bedroom Residence (640 – 730 sf)

Two-Bedroom Residence (937 – 1,260 sf)

Facilities

24 hour reception and security

Business center services

Daily maid services

Laundry and dry cleaning services

Convenience store

Fully-equipped modern kitchen

Home entertainment system

Fully-equipped gym

Swimming pool

Baby pool

Cafe

Sauna

Jacuzzi

Children's playground

Babysitting service

Limousine service

Parking facilities

Market Trends

Latest transaction in Seri Bukit Ceylon, Bukit Ceylon

SPA Date	Address	Size	Price
21/12/2017	XA, NO. X, LORONG CEYLON, OFF JALAN RAJA CHULAN	646 ft²	613000
30/11/2017	XA-X, XAF, LORONG CEYLON	1141 ft²	1000000
14/11/2017	X-X, SERI BUKIT CEYLON, LORONG CEYLON	1109 ft²	1000000
24/10/2017	X-X(P:X), NO. X, LORONG CEYLON, OFF JALAN RAJA CHULAN	646 ft²	568480
12/10/2017	X-X, LORONG CEYLON	646 ft²	568480

Analysis

For the serviced residence at Seri Bukit Ceylon, there is a well security reception area located on the ground floor. Entrance into the lobby floor shall require electronic access card which effectively ensures privacy and security for its patrons. The lobby is done is a modern albeit minimalist design which seems appealing to first-time visitors, with a featured reception desk sits at the center fronting a number of lounging chairs.There are 96 units of serviced suites of either studio, one- or two-bedroom configurations at Seri Bukit Ceylon. Each residence is equipped with broadband Internet access, home entertainment center consisting of color TV, DVD player, stereo, writing desk, hair dryer, electronic safe, washing machine, fully functional kitchen that comes with refrigerator, microwave oven, kettle, cooker hood and hob, utensils and dining wares. Residing within the same building as a daily serviced apartment may make some fee uncomfortable. Imagine you have your neighbor changed every single day. You will never know who your actual neighbor is. You will have to live with a group of strangers around you. If you always dream to live in a hotel, always fascinate in hotel facilities, dream to have everything done for you, and you want to stay single or with a small family, then it suits you right. Besides that, it also suits as a company property asset. It is suitable for contractual expatriate staffs too. Many investors have made a fortune on the investment of Seri Bukit Ceylon. It has recorded enormous price hike in recent years. Back in 2007, it was tagged at RM600,000 and it hiked to RM850,000 in 2007. But due to economic crisis, the price seems scattered around RM800,000 since then. Its rental yield is also good, and owners would definitely get better capital gain in the future.