1A Stonor, KLCC

1A Stonor is a low rise and low density condominium located at the junction of Jalan Stonor and Jalan Conlay. It was formerly known as Conlay Court. Among its immediate neighbours are Perbadanan Kemajuan Kraftangan Malaysia, Badan Warisan Malaysia, Sarawak Foundation (Yayasan Sarawak) and Istana Kelantan.

1A Stonor comprises of 3 condominium blocks with a total of 97 units with built-up areas from 615 to 1,444 sf. Each block consists of 8 to 10 floors. It features glass lift, letting you enjoy panoramic view of the city centre while heading to your unit.

Amenities surrounding the area are very colorful. There are several shopping malls within the area. Suria KLCC, Avenue-K and Pavilion are just within walking distance from 1A Stonor. Also, you can drive several meters from the condominium to several other shopping malls such as Lot 10, Times Square, Sg Wang Plaza, BB Plaza and Low Yat Plaza to fulfill your shopping lust.

There are also several hotels located nearby, namely Prince Hotel, Traders Hotel, JW Marriot Hotel and Westin Hotel. Within short walking distance, you can reach Seri Melayu Restaurant that serves Malay delicacies, and Hakka Restaurant which specializes on Chinese cuisine. Conlay Club is also within short walking distance.

In addition, CENFAD College is just a stone’s throw away from 1A Stonor. For medical needs, there is Prince Court Medical Centre located at the junction of Jalan Bukit Bintang and Jalan Tun Razak. If you fancy golfing, there is Royal Selangor Golf Club located nearby. Royal Selangor Polo Club is not very far as well. Not only that, Ampang Park and KLCC LRT stations are within reach as well.

There are several access roads available to reach 1A Stonor. You can access Jalan Connlay via Jalan Tun Razak, Jalan Perak and Jalan Raja Chulan. Also, you can access Jalan Stonor from Jalan Binjai and Jalan Kia Peng.

Property Details

• Name: 1A Stonor
• Address: Jalan Stonor, 50450 Kuala Lumpur
• Type: Condominium
• Tenure: Leasehold
• of Blocks: 3
• of Storey: 8 – 10
• of Units: 97
• Built-up: 615 – 1,444 sf
• Maintenance Fee: RM0.58 psf
• Subsale Price: RM470,000 – RM1,700,000
• Rental: RM2,000 – RM7,500

Layouts

• 615 sf
• 850 sf
• 1,444 sf

Facilities

• BBQ area
• Covered parking
• Gymnasium
• Mini market
• Swimming pool
• 24hour security
• Cafeteria

Market Trends

Analysis

One of the drawbacks of 1A Stonor is its maintenance fee, which is very high at RM0.58 psf considering its age and so-so maintenance delivered. This is the cost of low density residential has to be bear by the owners. It is even more expensive than most of new and high-end condominiums within the enclave. Most new high rise residency in the area charge the owners RM0.35 psf and above for the maintenance fee. This expensive fee is a huge turn-off for investors and buyers to own a unit here.

There are massive residential developments in KLCC enclave which mostly are high density condominiums. Most are to be completed by the end of 2009, including One KL and The Troika. 1A Stonor is one of the lowest density residential developments in the area. Other low density developments are The Avare (78 units), One KL (94 units), 2 Hampshire (93 units), Taragon Puteri YKS (32 units) and Ampersand (71 units).

1A Stonor is a great residential for single expatriates to call home. But it does not seem suitable for a family due to its small built-ups. Plus, the enclave itself seems not appropriate for a family living due to lack of amenities to raise family. The closest international schools are Fairview International School, Sayfol International and Alice Smith International School. These schools are only about 4 kilometers away from the condominium, but you have to pass through bad traffic to send your kids there.

Comparing its location to other area within the KLCC vicinity, one can find that this enclave is quieter than others like Hampshire area and Jalan Kia Peng, as less high rise developments and office towers located next door. In fact, you can still enjoy greenery view from your balcony and windows.

1A Stonor one of the cheapest homes you can find within walking distance to KLCC. Even so, it seems that the price will hardly rise further unless some renovation and upgrading works made. Its rental rate is tagged quite low. With loads of new competitors rising within the same enclave, there is no other reason than its cheap rental for a tenant to choose 1A Stonor over a long list of options available.