Cendana, KLCC

Cendana is a high end condominium developed by Tan & Tan Developments, a reputable developer and subsidiary of IGB which owns Mid Valley City. It is conjoined to Renaissance Hotel and located in a vicinity area of KLCC. It is a place that attracts foreigners and expatriates alike.

Cendana holds a freehold title. It has a total of 152 units. Normally, it is 2+1 or 3+1 built-up, depending on the size. The built-up unit ranges from 2,195 to 7,986 sf. The quality of finishes is good. The condominium comes with a shared 5-star facilities with the Renaissance Hotel, such as 24 meter lap pool; state of the art gymnasium; wading pool; open air terrace; well furnished function room and also optional services such as laundry services, housekeeping and F&B; outlets.

A unit comes with built-in wardrobe in all bedrooms, and walk-in wardrobe in master bedroom; tall floor to ceiling glass window; glass-paneled balcony and bathroom; concealed ducted air conditioning and marble flooring in living/dining room, kitchen and all bedrooms; Burmese teak timber strip flooring in all bedrooms; kitchen cabinet with oven, food waste disposer and hob and ducted hood; wall tiles in bathrooms and kitchen; and bathtub in master bedroom. It also comes with ample 8 floors of parking space and car lift facilities.

With the condominium located near to many public transportation, such as Dang Wangi LRT and Bukit Nanas Monorail, not to mention bus stops and taxi stands, transportation will be less of a problem for those without a car. Cendana is a place of convenience and full of nightlife. Most of Kuala Lumpur’s happening night joints are within walking distance from the condominium. KLCC is just within a few minutes drive. Berjaya Central Park is located just right opposite the condominium, which is under construction, will also add convenience to the tenants once it opens for business.

Property Details

• Name: Cendana
• Address: Jalan Ampang, Kuala Lumpur
• Developer: Tan & Tan Developments
• Completion Date: 2008
• Type: Condominium
• Tenure: {Tenure}
• No. of Blocks: 1
• No. of Storey: 42
• No. of Units: 152
• Built-up: 2,195 – 7,986 sf
• Maintenance Fee: RM 0.40 psf
• Launch Price: RM500 – RM630 psf
• Subsale Price: {Price Range}
• Rental: {Rental Range}

Facilities

• 24 meter lap pool
• Wading pool
• State of the art gymnasium (shared with Renaissance Hotel)
• Well furnished function room
• Optional laundry services
• Optional housekeeping services
• F&B; outlets
• Car park with car lift facilities
• Sauna and Spa
• Barbecue area
• Club house
• Cafeteria
• Sky bridge to 5-star Renaissance Hotel facilities
• 24 Hours security
• Playground
• Tennis court

Market Trends

Cendana, KLCC Average For Sale Price

Analysis

Cendana is mainly catered for expatriates who work nearby or does not have their own car, as the public transportation is very accessible and convenient. It has plenty of night joints and outlets to hang out. It is also convenient for shopping, as KLCC is nearby and the under construction Berjaya Central Park is just opposite the condominium. The facilities are shared with Renaissance Hotel, and are of 5-star quality. The rental for a unit ranges from RM9,000 to RM14,000 per month depends on the unit and bargaining power one has.

Although there are many reasons to buy or stay in Cendana, the price of subsale is not up to the expectations. One of the reasons is that it is located next to a Malay cemetery. Although the cemetery is well kept and organized, many people are still reluctant to stay nearby it. Fortunately, there are still many units facing KLCC and KL Tower, other than those facing the cemetery. If you are not concern about this, Cendana is a very affordable condominium to buy if compared to other KLCC condominiums.

Right next to Cendana is a construction project, where Crest Luxury Residences is being erected. Residents might have to bear with the noises generated for the time being. The good news is, once Crest Luxury Residences is complete, the Malay cemetery view will be blocked completely, hence no longer a concern for owners. However, there will no longer be KLCC view as well, since the cemetery view, is indeed the KLCC view.

On normal day, the congestion in the area will be heavy between 7.30am to 9.00am as people get ready to work, noon during lunch hour and also at 5.30pm to as late as 9.00pm when others go back from work. It will be worst during rainy season and flash floods where traffic around the area is at a stand still. Those that need to drive will have difficulties traveling into and out of the area. For those that work nearby and do not need to drive, or those who commute through LRT and Monorail will find it less troublesome.

Another aspect one needs to look at is the number of night joints around. They may be advantageous to you or at a disadvantage depend on how you view them. Like said before, it will be convenient for those tenants who enjoy having a night out drinking after work or to entertain guests. For those who hope for quiet and more privacy area to live in, they will find it rather concerning due to the close proximity to these outlets and the main road. It is especially so during festivities like Merdeka day and New Year Day celebrations where people hang around and the noise from traffic is unbearable.

All in all, Cendana comes with very good facilities especially the car lift and shared 5 star facilities with hotel. Although the major drawback would be its location next to cemetery, those that are not concerned about this could get a good bargain as compared to the subsale prices of other condominiums in the area.