The Mayang, KLCC

The Mayang is a proposed modern state of the art twin tower condominium sited on 4.3-acre of freehold land at the junction of Jalan Mayang and Jalan Yap Kwan Seng in KLCC enclave. It will neighbor D’Mayang, The Meritz, Megan Avenue 2 and Crimson Court.

The Mayang is a 50:50 joint-venture development between United Malaysian Land (UM Land) and Bolton. It is designed by CPG Consultants, an infrastructure and building development provider based in Singapore.

The Mayang will comprise of 2 towers and a total of 686 units. It will consist of a total of 1.4 million sf of space and boasts unique open-concept living areas. Besides that, it offers spa, gymnasium, swimming pools, health club and other modern facilities.

Strategically located in the centre of the city centre business hub, The Mayang is minutes away from vast array of amenities. A number of shopping centre nearby, including Avenue K, Suria KLCC and Bukit Bintang shopping belt. There are also a few eateries near The Mayang, namely Restoran Kari Kepala Ikan Kg Pandan, Old Town Kopitiam and Tony Roma’s.

Adding to that, The Mayang is minutes away from the clubs strips of Jalan P Ramlee and Jalan Sultan Ismail. It is also near to numerous embassies such as French, British, United States and Australia.

In terms of accessibility, The Mayang is accessible via LRT as it is just minutes of walking from KLCC RapidKL LRT Station. Besides that, it is accessible via Jalan Tun Razak and Jalan Ampang.

Property Details

• Name: The Mayang
• Address: Jalan Mayang, Kuala Lumpur
• Developer: Alpine Return (a JV company between UM Land & Bolton)
• Type: Condominium
• Tenure: {Tenure}
• No. of Blocks: 2
• No. of Storey: 17
• No. of Units: 686
• Launch Price: RM650 psf (proposed)

Facilities

• Swimming pool
• Wading pool
• Spa
• Health & fitness club
• Gymnasium
• Parking
• 24-hour security

Analysis

According to an article in 2007, The Mayang has Gross Development Value (GDV) of RM744 million, at an average of RM650 psf. However, since it is still not launch till this date, it is believe the GDV should have increase by almost a double at launch.

Perhaps the developer is still waiting for the best time to unleash The Mayang, as the property market in up-market areas seems gloomy and the prices around KLCC are almost stagnant nowadays.