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Idaman Residence, KLCC

Idaman Residence is a luxury high-end condominium situated right opposite to the Petronas Twin Towers in KLCC. The exclusive resort condominium is located right in the center of the KL’s Golden Triangle, where one could indulge in shopping, dining and recreational activities that catered especially for those city folks.

Towering 34-storey high over the city center, Idaman Residence was built on 1.45 acres of premier freehold land with optimum layout designed to enhance individual private spaces. There are 9 units of apartments on each floor with sizes ranging from 877sf up to 2174sf where ceiling is 10 feet in height and living room, dining and master bath laid with first-class imported marble.

For that superbly sleek and modern-futuristic look, the Idaman Residence exterior is 90% glass, with view overlooking KLCC and KL cityscape one can personally enjoy from within their home. Even by entering the condominium lobby, one would find incredibly impressed with the 30-feet high ceiling, an epitome of making a “grand entrance”.

Idaman Residence is located directly across Menara TA and one side of the condo faces KLCC. Nestling in one of the most strategic locations within the KLCC enclave, off Jalan P Ramlee is near nightclubs, shopping malls (in the Golden Triangle) and varieties of eateries. It is no surprise that the area can be heavily congested with traffic.

The traffic flow surrounding Idaman Residence usually leads the Kuala Lumpur motorists to Jalan Tun Razak, AKLEH and Jalan Kuching. Through these roads, the drivers can reach Petaling Jaya, Shah Alam, Gombak, Sungai Besi and Ampang. Idaman Residence is certainly nestled in the middle of Klang Valley.

Property Details

  • Name: Idaman Residence
  • Address: Jalan P. Ramlee, Kuala Lumpur
  • Developer: TA Properties
  • Completion Date: 2008
  • Type: Condominium
  • Tenure: Freehold
  • No. of Blocks: 1
  • No. of Storey: 34
  • No. of Units: 250
  • Built-up: 877 – 2,174 sf
  • Maintenance Fee: RM0.35 psf
  • Launch Price: From RM500 psf
  • Subsale Price: RM800,000 - RM2,380,000
  • Rental: RM2,900 - RM10,000

Layouts

  • Type H1 (877 sf)
  • Type H2 (953 sf)
  • Type H3 (929 sf)
  • Type H4 (922 sf)
  • Type B1 (1,075 sf)
  • Type B2 (1,035 sf)
  • Type B3 (1,047 sf)
  • Type C1 (1,691 sf)
  • Type C2 (1,746 sf)
  • Type E1 (1,551 sf)
  • Type E2 (1,591 sf)
  • Type F1 (1,519 sf)
  • Type F2 (1,622 sf)
  • Type F3 (1,619 sf)
  • Type G1 (1,591 sf)
  • Type G2 (1,744 sf)
  • Type G3 (1,683 sf)
  • Type G4 (1,756 sf)
  • Type I1 (1,607 sf)
  • Type I2 (1,793 sf)
  • Type I3 (1,717 sf)
  • Type D1 (2,100 sf)
  • Type D2 (2,017 sf)
  • Type A1 (2,174 sf) (deluxe)
  • Type A2 (2,096 sf) (deluxe)
  • Penthouse (3,400 – 3,800 sf) (3-level, including roof garden)

Facilities

  • Gym
  • Swimming pool
  • Children pool
  • Multipurpose hall
  • Surau
  • Laundry
  • Convenient shop
  • Children playground
  • Changing room
  • Management office
  • Specially designed landscape garden with water features
  • 24-hour security and surveillance

Market Trends

Analysis

The price of Idaman Residence was around RM620 psf prior to the completion, about 2-3 years ago. It gradually went up by RM100 to RM720 psf, in which it is considered a reasonable deal, comparing to the rest of the condominiums in the KLCC vicinity that cost up to RM1,000 psf. As the prices range according to the layout sizes, one could only choose KLCC or no KLCC view. Units with Layout A, which is the biggest of all at 2,174 sf, are the only units that give the residents a full view of KLCC and carried a price tag of RM1.5 million or more. That is if you are a big fan of KLCC. The rest of the units are either with partial view of Petronas Twin Towers or not at all.

However, units with Layout H seems to be the favorite among buyers who does not need a bungalow space. The smallest among the rest, Layout H has only humble space of 877 sf. Then again, RM680,000, a little more or less for a full skyline view when you enter the front door is by no means high priced. In fact, these beautifully designed studio-like units are indeed very affordable, especially when they are situated in the posh KLCC area. Not having to specify into one particular layout, investors and buyers get to choose from 25 different designs; the only difference for the same type, e.g. Type I1, I2, I3, is the sizes of the balcony but not the interior layout. This is sufficiently convenient for one to select which design suits best with no lack of choices.

To please smart buyers, the developer threw in freebies such as built-in kitchen cabinets and basic appliances, making Idaman Residence so far without any harsh complaints. All in all, Idaman Residence seems to be a place well worth to invest in, especially in this economic condition and since substantial percentage of this market is made up of foreign investors. Wait for a few more years and watch the value shoots up, because there is no way one could un-posh KLCC area.

Find Me Good Deal @ Idaman Residence