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Menara Avenue, KLCC

Menara Avenue (formerly known as Menara Promenade and Phileo Promenade) is a freehold condominium sited along Jalan Tun Razak. It sits behind Menara TM Asia Life and next to Megan Avenue 1. This 33-storey condominium comprises of 142 units with built-up sizes of 979 sf, 1,676 sf and 2,355 sf. The smallest unit is a 1-bedroom unit with 1 toilet. The medium-sized unit has 3+1 bedrooms and 2 bathrooms. Meanwhile, the largest unit (2,355 sf) has 4 bedrooms and 3 bathrooms.

Menara Avenue is centrally located amidst bustling city centre and neighbours several commercial towers and office blocks including Megan Avenue, Hampshire Place, Plaza OSK and Vista Tower. Besides that, there are a few shopping centres located within walking distance, namely Ampang Park Shopping Mall, Intermark Mall (under construction) and Suria KLCC. For families, there are several schools within close proximity such as SJK Jalan Gurney, SJK © Chung Hwa, SJK © Lai Ming, SMK Puteri Titiwangsa, SMK Seri Titiwangsa and SJK Jalan Raja Muda.

Menara Avenue is also within 2km away from Titiwangsa Lake Garden for family recreation. Plus, it is also merely 2km from Pusrawi Hospital, National Heart Institute of Malaysia (IJN), General Hospital and Prince Court Medical Centre. As it is adjacent to Jalan Tun Razak, Menara Avenue can be easily accessible from almost any corner of Klang Valley via SMART Highway, Ampang-Kuala Lumpur Elevated Highway (AKLEH), Kuala Lumpur-Putrajaya Highway and Mahameru Highway. Furthermore, it is just 600m away from Ampang Park RapidKL LRT station.

Property Details

  • Name: Menara Avenue (formerly known as Menara Promenade & Phileo Promenade)
  • Address: Jalan Tun Razak, 50400 Kuala Lumpur
  • Developer: Phileo Promenade Sdn Bhd
  • Type: Condominium
  • Tenure: Freehold
  • No. of Blocks: 1
  • No. of Storey: 33
  • No. of Units: 142
  • No. of Bedrooms: 1 – 4
  • No. of Bathrooms: 1 – 3
  • Built-up: 979 sf, 1,676 sf & 2,355 sf
  • Subsale Price: RM580,000 - RM1,400,000
  • Rental: RM1,700 - RM6,500

Facilities

  • 24-hour security with CCTV surveillance
  • Gymnasium
  • Swimming pool
  • BBQ area
  • Games room
  • Covered car park
  • Sauna

Market Trends

Analysis

Menara Avenue is well maintained by the reputable KJ Property Management (formerly known as Khong-Jaafar Property Management). This company is well-known to maintain several high-end and middle-cost residential within Klang Valley, including Sterling, Bangsar Puteri, Tivoli Villas, Pelangi Utama and Mesra Terrace.

In terms of investment, one should think more than twice before making the purchase of Menara Avenue, as there are several options for prospect tenants and future buyers to choose from within the vicinity. These residential include 2 Hampshire, Hampshire Park and Hampshire Residences. Adding to the list, there will be MyHabitat, and Acadia Residensi to be built and completed soon.

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