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Property Insights & Reviews : Waldorf Tower

Waldorf Tower

2 for Sale

0 for Rent

Freehold

F/H
Waldorf Tower is a serviced apartment located at the heart of Plaza Damas, next to its sibling Windsor Tower, in Sri Hartamas enclave. It comprises a single 28-storey tower block consisting of 228 apartment units, which mostly are studio units. It is suitable for expatriates, executives and students. Same as plenty of Sri Hartamas residential and commercial development projects, Waldorf Tower is another development by Mayland Group. The group has developed numerous developments which mostly located in Sri Hartamas and few in Kuala Lumpur city centre and Johor Bahru. Some projects completed are Hartamas Shopping Centre, Mayfair, Dorchester, Menara Hartamas, Parkview, Maytower and Prima Regency. Being adjacent to Plaza Damas and Hartamas Shopping Center, one can expect plenty of amenities within short walking distance. From mamak to fine dining, hair salon to manicure center; all can be reach in a short while. If keeping on healthy lifestyle is your thing, you can join as a member at True Fitness which located in Desa Sri Hartamas. If golf is your stuff, pack your golfing gear, and take a short drive to KLGCC, KGPA, Tropicana Golf and Country Resort and Sri Selangor Golf Club, and hit some balls with friends and colleagues. Going places is among the reasons why people love to stay in Sri Hartamas, in spite of its posh postcode address. There are quite a number of main roads and highways accessible from the area. Right from the entrance, you can choose either utilizing Jalan Duta or Sprint highway to get to the city center. Plus, it is also convenient to commute to Damansara area as motorist can opt for Penchala Link or Sprint highway.

Property Details

  • Name: Waldorf Tower
  • Address: Jalan Sri Hartamas 1, 50480 Kuala Lumpur
  • Developer: Mayland
  • Completion Date: September 2008
  • Type: Serviced Residence
  • Tenure: Freehold
  • No. of Blocks: 1
  • No. of Storey: 28
  • No. of Units: 228
  • Built-up: 480 - 3,569 sf
  • Subsale Price:
  • Rental:
  • Layouts

  • Type P1 (3,569 sf) (Penthouse)
  • Type A1 (1,710 sf)
  • Type B1 (1,460 sf)
  • Type E (1,130 sf)
  • Type F (1,000 sf)
  • Type G (680 sf)
  • Type H (480 sf)
  • Facilities

  • Swimming pool
  • Wading pool
  • Jacuzzi
  • Pool deck
  • Grotto
  • Spa pool
  • Sauna
  • Squash court
  • Activity room
  • Gymnasium
  • Snooker room
  • Movie room
  • Aerobics and dancing room
  • Music and karaoke room
  • Nursery
  • Cafeteria
  • Aquatic garden
  • Children playground
  • Barbecue pit
  • Business center
  • I-Zone School
  • Broadband internet access
  • 24-hour security with CCTV
  • Smart Card Access System
  • Market Trends




    Latest transaction in Waldorf Tower, Sri Hartamas

    SPA Date Address Size Price
    22/11/2017 A-XA-X, JALAN SRI HARTAMAS X 958 ft2 775000
    13/07/2017 A-XA-X, JALAN SRI HARTAMAS 958 ft2 713000
    16/03/2017 A-XA-X, JALAN SRI HARTAMAS 474 ft2 425000
    10/03/2017 A-XA-X, JALAN SRI HARTAMAS 1109 ft2 755000
    06/03/2017 A-X-X, JALAN SRI HARTAMAS X 474 ft2 445000

    Analysis

    Waldorf Tower is another development from the infamous developer, Malaysia Land Properties, also known as Mayland. The company has been accused at almost each of its development for bad workmanship as well as low quality material used. Among the worst property done by Mayland is Sri Putramas I condominium which passer-by can evidence the crack on the building as well as cheap paint used. There are many problems associated with Mayland in terms of quality and business ethics including from bad workmanship, cheap material used to slow handover. Just like its sibling Windsor Tower, Waldorf Tower was completed later than its estimated completion date, which supposedly on July 2007. It is reportedly being handed to owners in September of 2008. Not only that, the quality is low as well. For example, its lift was broke down at the end of 2008, and unrepaired for several days due to slow action by the management. Not a surprise either. Plus, some owners claimed that they got slow follow up for complaints made. The traffic congestion is quite bad in the vicinity. Since the traffic lights at the junction of Jalan Sri Hartamas 1 and Desa Sri Hartamas were installed, motorists have to get through though congestion, especially during peak hours. Motorists are forced to stuck in the yellow box as the traffic is heavy towards Desa Sri Hartamas due to the second traffic light does not turn green until about 90 seconds after the first traffic light. Looking at the trend nowadays, studio units are getting well-received due to lower cost and most residents prefer to live as couple. Most investors gain handsome rental yield but not much capital appreciation for studio unit. Buying a studio unit in Waldorf Tower would be a good investment. However, there is uncertainty on how long the rental rate of studio apartment is sustainable, as there are loads of competitions in near future including VERVE Suites, Tiffani Kiara, Solaris Dutamas and Plaza Damas 3. At current time, there are several residential offering studio units including Mayfair and Dorchester. As the country is currently hit by the economic crisis, most people and analyst are skeptical about property market in the future. Most said that high-end residential will be badly hit. But there is some potential that investing in Sri Hartamas will benefit its investor due to a number of reasons including Istana Negara being built nearby, and numerous commercial developments such as Plaza Damas 3, One Mont Kiara, Solaris Mont Kiara, Solaris Dutamas, One Mont Kiara, and Glomac Galleria. With more offices built, it will surely bring in more residents into Sri Hartamas enclave to live close to their office.Looking at the traded price of Waldorf Tower, one can notice that there is quite a gap between selling price offered by the owners in their advertisements. This is due to lower floor units are sold at bargain price, as they possess the view of Plaza Damas shop lots and air-conditioning, or high-tension cable view which is across the road. Buying a unit at Waldorf Tower can be good and bad. It fulfills the first three property requirements "Location, location and location!". It is near to commercial center, college and located in a prime area. The only concerns arise are how the investment would turn out in several more years if it is badly maintained by the developer, like their other properties and affects of numerous new residential within the small Sri Hartamas enclave.
    Waldorf Tower位于Sri Hartamas是一座矗立在Plaza Damas心脏位置的服务式公寓,其旁是Windsor Tower。Waldorf Tower楼高28层,共有228个公寓单位,大部分是studio单位,适合外国人、行政人员或学生居住。Waldorf Tower是由Mayland Group承建,此发展商在Sri Hartamas开发过不少住宅和商业产业。除了Sri Hartamas之外,也在KLCC和新山推展数个产业项目。手头上完成的项目包括Hartamas购物中心、Mayfair、Dorchester、Menara Hartamas、Parkview,Maytower以及Prima Regency。由于公寓邻近Plaza Damas和Hartamas购物中心,所以在步行范围内,可享用各类生活设施,从嘛嘛档到高级餐厅、发廊 和指甲护理等,都一应俱全。对于爱做运动的市民,可签购坐落在Desa Sri Hartamas 的True Fitness健身中心配套。邻近有几家高球俱乐部,包括KLGCC、KGPA、Tropicana Golf and Country Resort以及Sri Selangor Golf Club。Sri Hartamas成为城中其中一个最热门的住宅社区,原因是这里交通方便,有多条市区路和大道可往来这里,包括Jalan Duta、隆西部疏散大道(Sprint)或本查拉连贯大道(Penchala Link)。

    产业资讯一览

  • 名称: Waldorf Tower
  • 地址: Jalan Sri Hartamas 1, 50480 Kuala Lumpur
  • 发展商: Mayland
  • 竣工日期: 2008年9月
  • 类型: 服务式公寓
  • 产权: 永久地契
  • 建筑物: 1栋
  • 层数: 28层
  • 单位数目: 228
  • 实用面积: 480 - 3,569 sf
  • 转售价: RM550,000-RM1,700,000
  • 租金: RM1,400-RM4,600
  • 公寓户型

  • P1型 (3,569 sf) (阁楼)
  • A1型 (1,710 sf)
  • B1型 (1,460 sf)
  • E型 (1,130 sf)
  • F型 (1,000 sf)
  • G型 (680 sf)
  • H型 (480 sf)
  • 设施

  • 泳池
  • 浅水池
  • 按摩浴池
  • 泳池露台
  • 洞穴
  • 温泉
  • 桑拿
  • 壁球场
  • 活动室
  • 健身室
  • 桌球室
  • 放映房
  • 舞蹈室
  • 卡拉OK房
  • 托儿所
  • 咖啡厅
  • 花园
  • 游乐场
  • 烧烤区
  • 商业中心
  • I-Zone 学校
  • 宽频互联网
  • 24小时保安及闭路电视监控
  • 触卡系统
  • Market Trends




    Latest transaction in Waldorf Tower, Sri Hartamas

    SPA Date Address Size Price
    22/11/2017 A-XA-X, JALAN SRI HARTAMAS X 958 ft2 775000
    13/07/2017 A-XA-X, JALAN SRI HARTAMAS 958 ft2 713000
    16/03/2017 A-XA-X, JALAN SRI HARTAMAS 474 ft2 425000
    10/03/2017 A-XA-X, JALAN SRI HARTAMAS 1109 ft2 755000
    06/03/2017 A-X-X, JALAN SRI HARTAMAS X 474 ft2 445000

    分析

    Sri Hartamas的人口迅速增长,交通拥堵情况也日益严重,尤其在Jalan Sri Hartamas 1和Desa Sri Hartamas路口装上交通灯之后,繁忙时间更是水泄不通。以目前情况来看,公寓的studio单位越来越受市场欢迎,因为买房的成本较低,而且很多住户都是情侣同居。因此,这里的租金回酬不俗,但资本增长就一般。但随着邻近的公寓落成,例如VERVE Suites、Tiffani Kiara、Solaris Dutamas以及Plaza Damas 3,租盘的竞争将会加剧。现有楼盘例如Mayfair和Dorchester也一样拥有studio单位。虽然有分析家认为经济不景,楼市前景也不佳,不过也有人看好Sri Hartamas的房子还是值得投资,主要是因为这里交通便利,靠近新国家回教堂,周边有许多商业区,譬如Plaza Damas 3、One Mont Kiara、Solaris Mont Kiara、Solaris Dutamas、One Mont Kiara以及Glomac Galleria。增建更多的办公楼,意味着更多人会入住Sri Hartamas社区,以拉近上班的距离。注意看Waldorf Tower的转售价,业主在广告上的放盘价有明显差距,因为低层的单位都朝向Plaza Damas商铺、冷气机位置以及横跨马路的高压电缆,所以价格较低。购置Waldorf Tower单位有其利弊,最大好处当然是位于黄金地段,邻近商业区和学院区。买家最大考量反而是发展商的素质,市场对此发展商的口碑非常一般,如果Waldorf Tower犹如过去一些楼盘般没有得到良好保养和管理,届时要取得理想投资回酬将变得不容易。

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