Mawar Apartment

Mawar Apartment (also known as Pangsapuri Mawar) is a leasehold medium low cost apartment located in the very central location of Sentul. It is located only less than 10 minutes away from the city centre of Kuala Lumpur, while other places of importance such as Mont Kiara and Bangsar are only 15 minutes away. The Kuala Lumpur International Airport is approximately an hour away.Mawar Apartment consists of 3 blocks of apartments, each standing at 23 stories tall. Contrary to other medium low cost apartments, built-ups of units at Mawar Apartment are an average of 1,080 sf with three bedrooms and three bathrooms. Prices of these apartments are affordable at ranges between RM270,000 and RM400,000. Units on auction start selling from as low as RM140,000.As one of the older developments in a highly popular area, Mawar Apartment is naturally a fully occupied apartment with relatively few units for sale. Buyers of this well located apartment will find that their units are generally already partially furnished with built-in kitchen cabinets, sanitary ware and light and fan fixings.Mawar Apartment disappointingly does not provide much in terms of facilities, as each unit is only allocated one parking spot in the open air parking area. Other facilities that come with the apartment is the mini market, as well as the 24-hour security team who guards the gates of the apartment.Residents of Mawar Apartment shall however want for naught as they are well located close to all amenities. The closest hypermarket is Tesco Extra in Selayang, barely 10 minutes away, while shopping malls such as the up class Sogo Department Store and Suria KLCC are mere minutes away. Schools for all ages are widely available including international schools, while the closest medical healthcare centre is Tawakkal Health Centre which is only 10 minutes away.Mawar Apartment is well connected by a variety of internal roads, which provide easy accessibility to major highways such as the Duta - Ulu Kelang Expressway (DUKE) and the Ampang - Kuala Lumpur Elevated Higway (AKLEH). Public transportation is just as convenient with the Sentul East LRT station less than 500 metres away.

Property Details

Name: Mawar Apartment

Address: Jalan 7/48A, Bandar Baru Sentul, 51000 Sentul, Kuala Lumpur

Type: Apartment

Tenure: Leasehold

No. of Blocks: 3

No. of Storey: 23

No. of Bedrooms: 3

No. of Bathrooms: 2

Built-up: From 1,080 sf

Subsale Price: From RM140,000

Rental: From RM1,100

Facilities

Parking lot

Mini mart

24-hour security

Market Trends

Analysis

Mawar Apartment is a very well located apartment, close to major highways as well as convenient public transportation. Traffic is generally smooth flowing throughout the day; except for exiting the housing development. Peak hours however see a drastic change in traffic conditions, where cars back all the way into the housing development. The neighbourhood of Mawar Apartment consist mainly of low and medium low cost developments, including a few public servants quarters. As such, some buyers may not feel comfortable with the conditions, as not to want to be associated with the certain social stigma related to some of these neighbourhoods.Unless buyers are interested in renting it out to families, Mawar Apartment is not attractive as an investment; as besides the discouraging neighbourhood, it is also leasehold property where the prices will decrease gradually closer to the lease expiry date. Families who are on a budget and need a centrally located home will find Mawar Apartment to be an ideal place of residence.