Windsor Tower, Sri Hartamas

Windsor Tower is a serviced apartment located beside Hartamas Shopping Centre and Plaza Damas, along Jalan Sri Hartamas 1. It is also located next door to Waldorf Tower, Mayfair and Puncak Prima.

Windsor Tower is a single 28-storey apartment block building which comprises a total of 446 units. Units available measuring from 500 sf to 1,735 sf. There are several facilities provided by the developer, which include swimming pool, gymnasiums, games room, business center, spa pool, sauna and squash court.

Living in Windsor Tower, residents can access plenty of amenities just besides the building. There are plenty of eateries spots including chic cafes and bars residing in Plaza Damas and Hartamas Shopping Center.

Not only that, Windsor Tower is also within short driving distance to Desa Sri Hartamas commercial center which packed by rows of clubs, bars, fancy restaurants and boutiques. There is also True Fitness located in Desa Sri Hartamas as well. The serviced apartment is also near to Wilayah Mosque as well as government complexes at Jalan Duta. Windsor Tower is also considered one of the best condos in Sri Hartamas.

There are numerous route options to get in and out from the area. One can opt for either Jalan Duta – Jalan Kuching or Sprint highway to get into Kuala Lumpur city. Besides that, from Jalan Duta, you can access PLUS highway to head north. From Sri Hartamas, going to the KL city consumes around 15 minutes and getting to Damansara Heights takes less than 10 minutes. You can also use Penchala Link which is just nearby to access Taman Tun Dr Ismail and Damansara.

Property Details

• Name: Windsor Tower
• Address: Jalan Sri Hartamas 1, 50480 Kuala Lumpur
• Developer: Mayland
• Completion Date: July 2007
• Type: Condominium
• Tenure: Freehold
• of Blocks: 1
• of Storey: 28
• of Units: 446
• Built-up: 500 – 1,735 sf
• Launch Price: RM429 psf
• Subsale Price: RM360,000 – RM1,250,000
• Rental: RM1,200 – RM4,500

Layouts

• Type A (1,210 sf)
• Type B (500 sf)
• Type C (1,230 sf)
• Type D (1,220 sf)

Facilities

• Swimming pool
• Wading pool
• Jacuzzi
• 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

Analysis

Windsor 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. Among projects done by the Mayland are Parkview, Maytower, Mayfair, Dorchester, Menara Hartamas, Hartamas Shopping Center, Hartamas Superlink, and Prima Regency in Johor Bahru.

As for Windsor Tower, the owners claimed that they have to wait no less than 4 years before they received their keys. The apartment is set to be completed on October 2007, but it was handed to owners in the end of 2008, and still with scrappy work. Not only that, the owners also found that there are several defects on the unit. They also claimed that the quality of repair works is also low and not properly done. This also happened to previous Mayland projects, such as Sri Putramas I.

Besides that, Taylor’s College Sri Hartamas Campus was just open below the apartment which will contribute to traffic and parking congestion. Even though these students are likely to be potential tenants for Windsor Tower, most people foresee the students only will create chaotic in the area as well as push the rent down. By logic, these students would opt for Puncak Prima condominium than this expensive Windsor Tower, which is way too expensive for students.

Apart from the price escalation of Windsor in a short term period, its occupancy rate is still very low. It is reportedly to be about 30% in terms of occupancy rate for the mean time. Perhaps, the escalation of price is due to the speculation. If you are thinking to own or rent a unit, perhaps you should take a good look on this as well as other Mayland properties.