U-Thant Residence, Ampang Hilir
U-Thant Residence (also known as U-Thant Residences) is a low density freehold condominium. It stands as an exclusive residential within Jalan Ampang embassy enclave along Jalan Madge. It was developed by renowned Tan & Tan Developments.
U-Thant Residence only comprises 77 units on 2.5 acres plot. It was launched back then in August 2006 at RM630 psf with another 2% discount and 5% discount for Bumiputera. It features glassy exterior and modern facade designs. It is positioned within lush greenery that welcoming residents along the road towards the entrance.
U-Thant Residence is located few hundred meters away from western embassies including Embassy of the United States of America, British High Commission, Embassy of the Republic of France, Embassy of Spain and Embassy of Russian Federation. Also, it is nearby to Royal Thai Embassy, Embassy Of The People’s Republic Of China, and The People’s Bureau of The Great Socialist People’s Libyan Arab Jamarhiriya. Moreover, it is within 2 kilometers away from KLCC which offers world class shopping experience, posh restaurants and modern park. If you are a sport enthusiast, you can find Raintree Club, Selangor Polo and Equestrian Club, and the Royal Selangor Golf Club.
U-Thant Residence, Ampang Hilir Average For Sale Price
Tan & Tan Developments is a common name of a high-end residential developer. It is well-known to deliver good quality and prompt delivery for its previous developments, including Seri Maya at Setiawangsa, and Cendana which located within KLCC enclave. One of U-Thant Residence main appeals is its freehold tenure, unlike most of its neighbors Ampersand and Brunsfied Residence which are of leasehold tenure.
Residing in Jalan Ampang enclave, one will find much pleasant living experience with the greenery well-kept along the roadside unlike most of residential within KLCC vicinity. The enclave is always labeled as a green oasis within the chaotic city center. No wonder this so-called Embassy Row remains as among of the most sought after addresses in Kuala Lumpur.
Being close to Petronas Twin Towers is also one of the appeals of U-Thant Residence. The condominium is located just about 2 kilometers away from the KLCC enclave. You can opt for Jalan U-Thant to connect to Jalan Tun Razak or Jalan Ampang to go straight into the heart of the city or heading north side of Jalan Tun Razak.
Also, there are several new developments planned within Jalan Ampang enclave which will be developed soon. One of them is Brunsfied EmbassyView that comprises of 283 units with built-up areas from 2,000 to 7,500 sf, priced from RM800 psf. Another is a 93-unit low-rise luxury condo-villas of Brunsfield Residence along Jalan U-Thant, which is tagged from RM3,000 psf, that will set a new price benchmark in the country.
Even though new development means competition, but these new developments could actually make U-Thant Residence outstanding and more appealing to investors. As new developments within the Jalan Ampang enclave is tagged up to RM3,000 psf, consequently elevating U-Thant Residence's price to new height than ever. No wonder its initial purchasers have grinned smile ever since. The subsale asking price was around RM1,100 psf even before it is completed.
No doubt that U-Thant Residence is a great place to live in. It is low density, well located very near to the city center and amidst greenery. It is said that U-Thant Residence is the best residential from the rest of Jalan Ampang's residential. But in terms of investment, you should time your investment right. As the units offered are all huge built-ups, you will find it hard to find your potential tenants as even wealthy family opt to slim down their budget. But, if high-end property is really your cup of tea, take out your cheque, and invest in a unit at U-Thant Residence.