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Property Insights & Reviews : Menara City One

Menara City One

3 for Sale

0 for Rent

Freehold

F/H
Menara City One is a freehold condominium located right in the midst of the bustling KL city centre. It comprises of a 30-storey tower with 502 condominium units. Unit built-up sizes are ranging from 1,121 sf to 1,559 sf. Besides residential, it also houses 49 shop lots on the ground floor. Menara City One was developed by UDA Holdings.Menara City One is surrounded by commercial centres and amenities. The condominium is just within short walking distance to Sogo, Pertama Complex, Campbell Complex, Mydin, and Capsquare Centre. Also, LRT stations and KTM Komuter Station are also reachable by foot for approximately less than 10 minutes of walking distance. These nearby stations are Dang Wangi and Bandaraya LRT stations, and Bank Negara Komuter Station.

Property Details

  • Name: Menara City One
  • Address: 3, Jalan Munshi Abdullah, 50100 Kuala Lumpur
  • Developer: UDA Holdings
  • Completion Date: 1997
  • Type: Condominium
  • Tenure: Freehold
  • No. of Blocks: 1
  • No. of Storey: 30
  • No. of Units: 502
  • Land Area: 1.5 acres
  • Built-up: 1,121 - 1,559 sf
  • Subsale Price:
  • Rental:
  • Facilities

  • Swimming pool
  • Badminton court
  • Squash court
  • 24-hour security
  • Market Trends



    Latest transaction in Menara City One, Dang Wangi

    SPA Date Address Size Price
    15/07/2016 Jalan Munshi Abdullah 1152 ft2 400000
    03/03/2016 Jalan Munshi Abdullah 1249 ft2 177309
    21/12/2015 Jalan Munshi Abdullah 1485 ft2 400000
    03/10/2015 Jalan Munshi Abdullah 1152 ft2 520000
    04/08/2015 Jalan Munshi Abdullah 1485 ft2 650000

    Analysis

    There are plenty complaints heard by the residents of Menara City One, which mostly about maintenance issue. Among their complaints are lack of maintenance, poor lighting in the car park, cracks in the building, noise, air pollution and open burning near the entrance to the car park. Most problems were caused by its bad managements – City One Sdn Bhd and the City Hall (which was handed over in 2003). Due to bad maintenance, owners of Menara City One have neglected paying maintenance fee, which the amount was closed to RM6 million in arrears back then in 2008. As the strata title should have been given by now, there is almost no chance for the new committee management to get the money to refurbish and revamp the condominium.Besides that, there are plenty of commercial foreign workers residing in Menara City One as well. They include Indians, Bangladeshis and Nepalese. Some residents claimed that they use the swimming pool for bath and even for brushing teeth. For several years, the subsale price of Menara City One keeps depreciating even though its immediate neighbours such as Maytower and The Capsquare Residences prices keep going up. Besides that, there are several units on auction can be found at reserved price below RM200,000.
    30层楼高的 Menara City One位于吉隆坡市中心KL city centre,是由UDA Holdings发展。502个公寓单位属于永久地契物业,实用面积介于1, 121至 1,559平方尺。此外,地面层还有49个商铺单位。Menara City One四周有很多商业中心和便利设施。寓所不远处有Sogo、Pertama Complex、Campbell Complex、Mydin以及 Capsquare 购物中心。步行不过10分钟,可达轻快铁站或电动火车站,最近的一站是Dang Wangi和Bandaraya 轻快铁站,以及Bank Negara电动火车站。

    产业资讯一览

  • 名称: Menara City One
  • 地址: 3, Jalan Munshi Abdullah, 50100 Kuala Lumpur
  • 发展商: UDA Holdings
  • 竣工日期: 1997年
  • 类型: 公寓
  • 产权: 永久地契
  • 建筑物: 1栋
  • 层数: 30层
  • 单位数目: 502
  • 土地面积: 1.5 acres
  • 实用面积: 1,121 – 1,559 sf
  • 转售价: RM280,000 - RM749,000
  • 租金: RM1,600 - RM4,000
  • 设施

  • 泳池
  • 羽球场
  • 壁球场
  • 24小时保安
  • Market Trends



    Latest transaction in Menara City One, Dang Wangi

    SPA Date Address Size Price
    15/07/2016 Jalan Munshi Abdullah 1152 ft2 400000
    03/03/2016 Jalan Munshi Abdullah 1249 ft2 177309
    21/12/2015 Jalan Munshi Abdullah 1485 ft2 400000
    03/10/2015 Jalan Munshi Abdullah 1152 ft2 520000
    04/08/2015 Jalan Munshi Abdullah 1485 ft2 650000

    分析

    Menara City One住户经常投诉保养不善问题,例如停车场灯光昏暗、墙身龟裂、嘈杂、空气污染以及停车场入口处经常有露天焚烧活动。住户归咎于管委会和吉隆坡市政局(於2003年接管公寓管委会)的差劲管理所致。很多住户因此而没有缴交管理费,拖欠的数额於2008年累计至RM6 million,导致后期的新管委会根本没钱重新粉刷公寓大楼。此外,很多外籍工人在此楼居住,他们多数来自印度、孟加拉和尼泊尔。有住户投诉这些外籍工人在泳池刷牙或洗澡。Menara City One毗邻的公寓大楼 Maytower以及The Capsquare Residences 不断资本增值,但Menara City One却经历多年的房跌价,而且还有很对法庭拍卖单位,底价在RM200,000以下。

    Location

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