Carlton, Sri Hartamas

Carlton (also known as Carlton @ Plaza Damas 3) in Sri Hartamas is part of the Plaza Damas 3 mixed-commercial development. It is part of the last phase for the Plaza Damas area. It is just across the road from the Hartamas Shopping Centre. Those who have been interested in the Plaza Damas area will know that Carlon is situated where the sales office and show units for their other properties were.

Originally launched on the 3rd of April 2009 by Mayland Universal, Carlton came with several benefits such as 6% guaranteed return rate of investment for 2 years, a 10% cash rebate – all on exclusive freehold land. It is important there are 3 blocks of units in this phase, one of which is Carlton. This block has 185 units, but in total phase 3 has 595 units. The units here are mostly studio apartments with a long and narrow design with an area of either 500 sf or 595 sf. Like any other typical studio apartment, it has the bare minimum living area. That is, when you open up your front door, there is the kitchen, living room, bedroom, and a balcony. Other condominiums in Sri Hartamas include Matahari, and Hartamas Regency 2.

For those who perhaps have a family or do not like studio apartments, all of the corner units have 2 bedrooms and can range up to 940 sf. The average price for the studios are between RM413,000 to RM512,000. The larger units can cost up to RM960,000. Carlton is a service apartment, which means that the units are fully furnished. There are a choice of having a view of either the main road or a green slope. However, due to the nature of the low rise blocks, neither view is that spectacular. Carlton is also considered one of the best condos in Sri Hartamas.

Property Details

• Name: Carlton (also known as Carlton @ Plaza Damas 3)
• Address: Jalan Sri Hartamas, Sri Hartamas, Selangor
• Developer: Mayland
• Type: Serviced Apartment
• No. of Units: 185
• Built-up: 500 sf – 940 sf
• Maintenance Fee: RM0.35 psf
• Launch Price: RM413,100 – RM960,000

Facilities

• Function room
• Lap pool
• Gymnasium

Market Trends

Carlton, Sri Hartamas Average For Sale Price

Analysis

Let’s face it, the Carlton is suited for a particular target market since it is a service apartment complex with mostly studio apartments. As a result, it is suitable for some investors, those who are expats, savvy singles who want their own bachelor or bachelorette pad, or for companies. As there are hardly any facilities, a prospective buyer would be looking at the property mostly because of its prime location. Carlton is next to a shopping centre, in an excellent neighborhood, and close to KL as it is just off the main road.

There are also many facilities close by Carlton, such as the KL Golf and Country Club, Royal Selangor Club, and the Bukit Kiara Equestrian Club. For families who buy the corner units, there are top schools nearby such as the Mont Kiara International School, the French International School, and the Garden International School. Another added benefit is that Carlton is in a freehold location. But is it worth the price? It depends what your investing outlook is. Just don’t forget that there are no free parking bays allocated to any of the units.