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Property Insights & Reviews : Maytower

Maytower

1 for Sale

3 for Rent

Freehold

F/H
Maytower is a hotel and serviced apartment nestled in the heart of KL city centre. It is developed by Mayland and designed by CL3 Architects Ltd. From the total of about 500 units, 170 developer units have been converted into hotel rooms, managed by Dorsett. Adding to that, some purchasers' units are also leased back to Dorsett. Residents of Maytower are pampered by lush amenities in the area. Jalan Tunku Abdul Rahman is famously known as a shopping district, as there are rows of shops and bazaars selling textiles, clothing, home decor accessories, carpets and others. Besides that, there are also Mydin Wholseale Emporium, Cityone Plaza, Semua House, Campbell Complex and Pernas Sogo Complex located within walking distance.Other prime shopping malls like Suria KLCC, Pavilion and Lot 10 are just about 10 minutes away from Maytower as well. Also, it is within close proximity to Asian Heritage Row, which houses modern pubs, clubs and restaurants. Few schools for the kids are just nearby including SMK Convent Bukit Nanas and SMK St John. In terms of accessibility, it is well connected to other parts of the city. It is just within few minutes walking to Dang Wangi LRT and Bandaraya LRT stations. In addition, it is located 10-minute driving away from Puduraya Bus Station.

Property Details

  • Name: Maytower
  • Address: Jalan Munshi Abdullah, Kuala Lumpur
  • Developer: Mayland
  • Completion Date: 1Q 2007
  • Tenure: Freehold
  • Type: Serviced Residence
  • No. of Blocks: 1
  • No. of Storeys: 32
  • No. of Units: 537
  • Built-up: 351 - 750 sf
  • Launch Price: From RM170,000
  • Subsale Price:
  • Rental:
  • Layouts

  • Type A - 351 sf
  • Type B - 439 sf
  • Type C - 750 sf
  • Type E - 493 sf
  • Facilities

  • Gymnasium
  • Swimming pool
  • Sauna
  • 24-hour security
  • Market Trends



    Latest transaction in Maytower, Dang Wangi

    SPA Date Address Size Price
    09/01/2018 X-X-X, X, JALAN MUNSYI ABDULLAH 344 ft2 320000
    22/12/2017 X-X-X, JALAN MUNSYI ABDULLAH 344 ft2 320000
    01/12/2017 X-X-X, X, JALAN MUNSYI ABDULLAH 344 ft2 310000
    01/12/2017 X-X-XA, JALAN MUNSYI ABDULLAH 344 ft2 300000
    15/11/2017 X-X-X, X, JALAN MUNSYI ABDULLAH 484 ft2 650000

    Analysis

    Mayland is a big name in residential and commercial developments in Klang Valley these days. Plenty developments have been done and planned by the company, including Dorchester, Sri Putramas I, and Waldorf Tower for residential projects; and Sri Hartamas Shopping Centre and Plaza Damas for commercial projects.In terms of layout, Type B comes with a balcony and still small in size. But, it also depends on which area the unit is facing, as people would not open the balcony if it is facing the hectic Jalan Tunku Abdul Rahman. It will be great if the balcony is facing KL Tower and KLCC. Type C is more comfortable than others but as most of the tenants are single, large space is not too favorable here. Type A is the smallest one, thus making it a great profit generator for investor for rental income. Being situated in the hub of commercial and trading hub, Maytower has attracted numerous of trader expatriates from India, Pakistan, and Iran to stay for a couple of weeks or months while trading their goods in Jalan Tunku Abdul Rahman enclave. Most aggressive owners have made their fortune from renting their units for short-term period. Besides traders, Maytower is also popular to expatriates from the western countries to get close to their office.Comparing the area with other city spots, it is among the least favorable place to call home. There are overwhelming of immigrants working and staying in the area, including Bangladeshis, Nepalese and Indonesians. Thus, you will find plenty of them surrounding the area. Traffic congestion in the enclave is very bad at most times, from morning till night. The congestion is worst during peak hours. Traffic jam becomes worse during the Muslim's fasting month and school holidays. But hey, you can always commute to work by LRT or just walk to your office if your office just nearby.Comparing it with other studios in Klang Valley, Maytower price is competitive at around RM270,000. Others studio apartments like Casa Tiara, Subang Avenue, Saujana Residency, Amcorp Mall and PJ8 are currently tagged at RM250,000, RM270,000, RM290,000, RM250,000 and RM305,000 respectively. Most apartments around KLCC (which are just few kilometres away) are tagged around RM800 psf, thus there is still possibility for the price to escalate further. Investment wise, purchasing a unit in Maytower seems a very wise decision. Most owners are making hundreds ringgit of positive cash flow every month. If you are thinking to join the bandwagon, make sure that you bargain a bit to play safe so that you would not have any problem while selling it, because the price seems to be very high and quite hard to escalate further.
    拥有500个单位的 Maytower 是一座酒店和服务式公寓,坐落KLCC心脏地带。发展商Mayland把其中170个单位转换成酒店房间,并由Dorsett管理。其实,部分的公寓买家也把手上的单位租回给Dorsett。连接Maytower的Jalan Tunku Abdul Rahman是吉隆坡著名的购物街,这里有许多地毯、布匹、家具用品等专卖店,住户步行可至的地方还包括Mydin霸级市场、Cityone Plaza、Semua House、Campbell Complex以及Pernas Sogo Complex。距离Maytower只有10分钟车程的商场包括Suria KLCC、Pavilion以及Lot 10。这里也有一处类似香港兰桂坊的地方,称为Asian Heritage Row,许多时尚酒廊和夜店都在这里落户。临近的学校计有咖啡山修道院女中(SMK Convent Bukit Nanas)以及圣约翰国中(SMK St John)。这里交通网络良好,并且步行可至Dang Wang和Bandaraya轻快铁站,此外,距离著名的Pudu Sentral巴士站只需10分钟车程。

    产业资讯一览

  • 名称: Maytower
  • 地址: Jalan Munshi Abdullah, Kuala Lumpur
  • 发展商: Mayland
  • 竣工日期: 2007年
  • 产权: 永久地契
  • 类型: 服务式公寓
  • 建筑物: 1栋
  • 层数: 32层
  • 单位数目: 537
  • 实用面积: 351 – 750 sf
  • 推介价: RM170,000起
  • 转售价: RM250,000 - RM680,000
  • 租金: RM1,200 - RM3,300
  • 公寓户型

  • Type A – 351 sf
  • Type B – 439 sf
  • Type C – 750 sf
  • Type E – 493 sf
  • 设施

  • 健身室
  • 泳池
  • 桑拿
  • 24小时保安
  • Market Trends



    Latest transaction in Maytower, Dang Wangi

    SPA Date Address Size Price
    09/01/2018 X-X-X, X, JALAN MUNSYI ABDULLAH 344 ft2 320000
    22/12/2017 X-X-X, JALAN MUNSYI ABDULLAH 344 ft2 320000
    01/12/2017 X-X-X, X, JALAN MUNSYI ABDULLAH 344 ft2 310000
    01/12/2017 X-X-XA, JALAN MUNSYI ABDULLAH 344 ft2 300000
    15/11/2017 X-X-X, X, JALAN MUNSYI ABDULLAH 484 ft2 650000

    分析

    在公寓户型中,B型单位有个小阳台,不过要看面向哪个方位,如果面向嘈杂繁忙的Jalan Tunku Abdul Rahman,相信没几人稀罕这个阳台;若面向吉隆坡塔或KLCC则不一样。C型是最舒适的单位类型,空间宽敞,可能比较不适合单身住户。A型属最小单位,对寻求租金回酬的买家来说,这类单位最赚钱。矗立在吉隆坡繁忙的商业和贸易地带,Maytower深受来自印度、巴基斯坦以及伊朗等外籍贸易商欢迎,他们可能来到这里短住几个星期或几个月,以便在Jalan Tunku Abdul Rahman一带进行贸易活动。此外,一些来自外国的专业人士,为了就近上班,也会选择入住Maytower。这一带交通颇为拥挤,无论白天夜晚都是如此,遇上学校假期或斋戒月车流更是水泄不通,不过好在附近有轻快铁站。若跟巴生谷其他studio公寓单位比较,Maytower的价格比较具竞争力, 类似的公寓如Casa Tiara、Subang Avenue、Saujana Residency、Amcorp Mall以及PJ8叫价RM250,000至RM305,000;而靠近KLCC的公寓每平方尺起码RM800。从投资角度看,Maytower每个月可为户主带来数百令吉的现金流。不过,买入时必须要懂得讨价还价,因为目前市价相当高,不容易再推上去,如果买入价过高,卖出时不好赚钱。

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