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Marc Service Residence, KLCC

Marc Service Residence (also known as Marc Residence) is a luxury condominium developed by Beverly Tower Development, which is one of the many unassuming developers who has the ability to deliver their projects with much success.

The local developer focuses on the real estate industry, and has managed to put together the condominium Marc Service Residence. The condominium adapts the serviced residence concept which is a norm for many modern apartments these days. This means that the rooms in the condominium will be serviced regularly rather than waiting for about three months or more for a cleaning service.

Each unit is crafted to exert the imagery of luxury and sophistication yet maintaining the importance of comfort. Prospective residents can make a selection between a generously sized studio, one-bedroom, two-bedroom, three-bedroom and four-bedroom suites. Each suite is furnished with a plush living room and a well-equipped kitchen. Adding cherry on top is the LCD TV, Bose sound system and all other essentials of contemporary living that are provided by the management who have the residents’ best interest.

Looking positively at Marc Service Residence, it has all the normal facilities that are needed for daily usage. The car park would be the one of the most ideal reasons for you to purchase or rent this condominium because of its location. As we know KLCC is known for its busiest streets and its traffic jams, so the road will be limited with parking spaces. However it is important to know that the car park does not come cheap as there will be monthly fees for a slot.

Marc Service Residence is just five minutes away by foot to Suria KLCC shopping center which will ease your shopping needs. Public transport by train would also not be a problem with the KLCC LRT station nearby the condominium. There are also a lot of restaurants and food outlets nearby.

Property Details

  • Name: Marc Service Residence (also known as Marc Residence)
  • Address: Jalan Pinang, 50088 Kuala Lumpur
  • Developer: Beverly Tower Development
  • Completion Date: August 2007
  • Type: Serviced Residence
  • Tenure: Freehold
  • No. of Blocks: 2
  • No. of Storey: 35
  • Built-up: 409 – 3,300 sf
  • Maintenance Fee: RM0.40 psf
  • Launch Price: RM700 psf
  • Subsale Price: From RM1,300,000
  • Rental: From RM3,000

Layouts

  • Type S
    • Studio (493 sf)
  • Type A
    • 1 bedroom (627 – 636 sf)
  • Type B
    • 2 bedrooms / 2 bedrooms + Study room (797 – 840 sf)
  • Type C
    • 2 bedrooms + Study room (1,006 – 1,074 sf)
  • Type D
    • 3 bedrooms / 3 bedrooms + Utility room (1,297 – 1,529 sf)
  • Type E
    • 4 bedrooms + Utility room (1,626 sf)
  • Type F
    • Premium 4 bedrooms + Study room + Utility room + Private lift (2,908 – 3,302 sf)

Facilities

  • Basement car park
  • Barbecue area
  • Gymnasium
  • Infinity swimming pool
  • Multipurpose hall
  • Playground
  • Reading room
  • Tennis court
  • Wading pool
  • 24-hour security surveillance

Market Trends

Analysis

In terms of location, Marc Service Residence is situated at a hot spot of Kuala Lumpur, but that would equals to having difficulties going in and out of the condominium. This is because of the congested traffic in KLCC where hundreds of cars will be roaming the streets daily. So, unless you are working nearby, Marc Service Residence is not the perfect location for one that works far from KLCC.

If you are looking for a condominium that is cheap, then Marc Service Residence is definitely not up for your choice. The reason being, the subsale price as of September 2014 starts at RM1,300,000 just for the Studio unit. Thus, bigger units must definitely be undeniably expensive. Renting a unit would cost about RM3,000 or more for a 1-room studio unit, and a whopping RM20,000 for a luxurious 4-room penthouse. This condominium probably targets high-end buyers and investors.

Those who bought Marc Service Residence when it was first completed had a better deal at about RM700 psf developer’s price, which is an impossible price now. In 2007, this condominium managed to secure fifth place in the top ten most expensive developments in Kuala Lumpur.

The neighborhood of Marc Service Residence is quite densely located. So, if you are looking for a wide and spacious environment, Marc Service Residence might not be your choice. Just a few minutes down the road, there is Kuala Lumpur’s most famous clubbing street Jalan P Ramlee. Depending on your preference, it might be a great convenience, or a bad idea because of the loud music and also influence on your children.

There are not many government schools located in KLCC enclave, so if you are looking for a good school it would mean that you have to spend about half an hour to drop your children at a nearby school. Fortunately, there are shuttle buses that ferry students to various international schools at various pickup points in KLCC.

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