Menara Duta 2, Dutamas

Menara Duta 2 is a condominium built more than 10 years ago painted in dual-tone pink and white colors. This condominium is standing in the medium-class residential suburb of Segambut that borders Mont Kiara and Jalan Duta.

Menara Duta 2 is situated in front of Menara Duta 1 with PLUS North-South highway at its back. From the balcony and window, one can view fascinating Genting Highlands view or bright light Kuala Lumpur city.

Exiting from the entrance of Menara Duta 2, one can easily reach Sri Hartamas, Mont kiara, High Court, Jalan Duta Income Tax office and Wilayah Mosque within 5 minutes. Also, one can reach within 10 minutes drive to Tmn Tun Dr Ismail, Bandar Sri Damansara, Bandar Utama, Ikea, Jaya Jusco, Tesco, The Curve and 20 munites drive to KL city.

Residents of Menara Duta 2 can access various destinations via Jalan Duta, SPRINT highway, Penchala Link and Mont Kiara interchange. Besides that, with the opening of DUKE highway very soon, there are more destinations reachable including Jalan Duta, Jalan Kuching, Sentul Pasar, Setiawangsa, Hill View, Bandar Dalam and Greenwood.

There are a number of schools located nearby Menara Duta 2. One of them is Lyce’e Francais de KL, a French international school. Besides that, there are also government school nearby, namely Sekolah Kebangsaan Segambut Makmur which is within walking distance, as well as Sekolah Menengah Kebangsaan Kiaramas and Sekolah Kebangsaan Hartamas. Neighbors next door include Anggun Puri, Changkat View, Prima Duta, and Sutramas.

Property Details

• Name: Menara Duta 2
• Address: Jalan Dutamas Raya, Taman Segambut, 52100 Segambut, Kuala Lumpur
• Developer: MBF Property
• Type: Condominium
• Tenure: Freehold
• No. of Blocks: 2
• No. of Storey: 16
• Built-up: 1,400 – 2,804 sf
• Maintenance Fee: RM0.25 psf
• Subsale Price: RM175 psf
• Rental: RM1.00 psf

Facilities

• Tennis courts
• Adult pool
• Kid’s pool
• Playground
• Gymnasium
• Squash courts
• Minimart
• 24-hour security
• Sauna

Market Trends

Analysis

Menara Duta 2 is built by the same developer as Menara Duta 1, MBF Property, which was bankrupt. Therefore, there are some difficulties to acquire a unit as there are possibilities that bank could not approve the housing loan. Although this problem is highlighted by several owners, some claims otherwise.

Nothing interesting about the appearance of Menara Duta 2. Looking from the entrance, it only has a security booth with two entrances for residents to get in and out. Getting inside, you will come straight to the residents parking lots. Plus, the facilities are not maintained very well. The gymnasium as well as yoga center are not very well maintained.

Another problem faced by the residents is insufficient parking spots. Each unit has one parking spot, thus additional cars have to be parked outside of the compound. This can be evidenced by long car line-up in front of Menara Duta 2, which results traffic congestion. Plus, if you are unlucky, you have to park quite far away from the entrance and have to walk from quite a distance.

Also, as Menara Duta 2 is located near to PLUS North-South highway, and near its toll booth. With the just a stone throw away from the highway, the air in the area is polluted and dusty with the high density of cars passing through. Not only that, the residents also suffered noise pollution from the highway as well as the construction of Puncak View.

Even though there are various route options to reach several prime destinations including Kuala Lumpur and Petaling Jaya, one have to pass through either Jalan Duta or Jalan Kuching which are pretty rough during peak hours. Anyway, one’s journey is pretty smooth with loads of road access as well as a number of highways accessible nearby. In addition, there are plans to upgrade Jalan Segambut into a 6-lane dual-carriageway that will surely ease the traffic congestion.

There has been a decline of Menara Duta 2’s market price over previous six years, as it was priced around RM300,000 after its completion and bottomed down to RM210,000 about 8 years back. Then it slowly hikes, following huge attraction towards Mont Kiara area, as well as increasing of property market value in Mont Kiara. There are also efforts made by real estate negotiators claiming this area is in Mont Kiara vicinity even it holds different postcode.

Same as its rental, it seems the rental of Menara Duta 2 has increased in recent years. Therefore, it might worth for investment. But, if you are already an owner of a unit, you should wait a little longer as with DUKE highway opening soon, the price appreciation will surely make your day.