348 Sentral

348 Central is a new mixed residential and commercial development, adding to the business atmosphere at KL Sentral. Developed by Gapurna and Malaysian Resources (MRCB), this complex sits on 2.09 acres of land.At 348 Sentral, there are 3 blocks that comprise of a 30-storey South Office Wing, a 24-storey North Office Retail Wing, 21-storey Exclusive Service Apartments and SOHO offices. There are only 4 levels of basement parking. The South Office wing has a total leasable area of over 303,656 sf, while the North Office Wing has a total leasable area of over 234,961 sf.The office wings of 348 Central are made of column-free spaces to create a sense of open space and community. Natural lighting is also featured to enhance this sense of space and the environment. Facilities in the offices include a dependable high-speed internet and telecommunication back bone. The retail offices will enjoy an existing catchment of premier development around the vicinity, especially as it is easily accessible via KL Sentral, Kuala Lumpur transportation hub.348 Sentral is easily accessible via Jalan Tun Sambanathan and Jalan Travers. As this complex is also part of the KL Sentral area, it can be easily accessed by workers, residents, and visitors via the plethora of trains and buses that service this area.

Property Details

Name: 348 Sentral

Address: Jalan Tun Sambanathan, Kuala Lumpur

Developer: Gapurna & Malaysian Resources (a subsidiary of MRCB)

Completion Date: 2012

Type: Commercial & Residential

Tenure: Freehold

No. of Storeys

South Office Wing: 30

North Office Wing: 24

Residential: 21

Land Area: 2.09 acres

Built-up

South Office Wing: 303,656 sf

North Office Wing: 234,961 sf

Launch Price

Residential: From RM1,200 psf (estimate)

Facilities

High-speed Internet

Telecommunication backbone

Thermal Energy Storage System

Park

Analysis

348 Sentral is nestled in a very strategic area, downtown Kuala Lumpur and very close to KL's main transportation hub. It is easily accessible for employers, employees, and their clients to access this area because of the many transport options available here. There are also parking spaces available for those who prefer to drive. Other than its prime location, 348 Sentral is a step forward as it is a project that places emphasis on energy saving and sustainable building. It will actually be Malaysia's first green office development, which is a sign of improvement in our local development scene. Features at 348 Central include a Thermal Energy Storage System, which will use rain water and the environment's temperature to regulate the internal temperature of the building. Other green features include a park within its ground. As a result, it is no surprise that this development has been awarded a Leadership in Energy and Environmental Design (LEED) gold standard certification, which is a US-based green building rating system.Although some may be wary of 348 Sentral being developed by a local company, they may be pleased to know that this is a joint venture with MRBC. Early investors should not worry about being stuck with an incomplete building with such reliable company in charge.