Taragon Puteri Bintang, Pudu

Taragon Puteri Bintang (also known as Taragon Puteri KL) is an integrated commercial development nestled in the heart of the city centre, which is within Bukit Bintang shopping district. It is a revival project of the former Menara Li Foong. This is the third project by Bluestone, after Taragon Puteri YKS and Taragon Puteri Cheras.

Taragon Puteri Bintang was launched in 3rd quarter of 2007, and is being undertaken on a joint venture between Bluestone and Allco Funds Management (Singapore) – a subsidiary of Australia’s Allco Finance Group Ltd. The development combines hospitality, retail and residences in one development – a hotel block, a serviced residence block and a number of retail lots. There are over 700 parking bays provided within the development.

In terms of accessibility, Taragon Puteri Bintang is easily reachable via Jalan Changkat Thambi Dollah which connected to Jalan Pudu, Jalan Davis and Jalan Kampung Pandan. Hence, one can easily access Smart Highway and Kuala Lumpur-Putrajaya Highway. In addition, it is also can be easily accessible by public transportation as it is mere minutes of walking away from Imbi Monorail, Hang Tuah Monorail and Hang Tuah RapidKL LRT stations.

Property Details

• Name: Taragon Puteri Bintang (also known as Taragon Puteri KL)
• Address: Jalan Changkat Thambi Dollah, 55100 Kuala Lumpur
• Developer: A JV between Bluestone & Allco Funds Management
• Completion Date: End 2009
• Type: Mixed Development
• Tenure: Freehold
• No. of Blocks: 2
• No. of Storey: 27
• No. of Units
  • Hotel: 388
  • Serviced Residence: 152
• Land Area: Approx. 1 acre
• Built-up: From 522 sf
• Launch Price: RM438 psf
• Subsale Price: RM595 psf
• Rental: RM3.17 psf

Layouts

• Executive Suites
  • Type 1 & 2: 522 sf (1 bedroom + 1 bathroom)
  • Type 3: 1,044 sf (1 bedroom + 1 bathroom)
  • Type 5: 1,507 sf (3+1 bedrooms + 4 bathrooms)
  • Type 6: 1,511 sf (3+1 bedrooms + 4 bathrooms)
  • Type 7: 1,488 sf (3 bedrooms + 3 bathrooms)
  • Type 8: 1,572 sf (3 bedrooms + 4 bathrooms)
• Superior Suites
  • Type SP1: 2,175 sf (4+1 bedrooms + 5 bathrooms)
  • Type SP2: 2,026 sf (4+1 bedrooms + 5 bathrooms)
  • Type SP3: 2,039 sf (4+1 bedrooms + 5 bathrooms)
  • Type SP5: 2,068 sf (4+1 bedrooms + 5 bathrooms)
• Deluxe penthouse
  • Type PH1: 5+1 bedrooms + 7 bathrooms
  • Type PH2: 5+1 bedrooms + 7 bathrooms
  • Type PH3: 5+1 bedrooms + 7 bathrooms
  • Type PH5: 5+1 bedrooms + 7 bathrooms

Facilities

• Gymnasium
• Sauna
• Swimming pool
• Wading pool
• Children playground

Market Trends

Analysis

The hotel at Taragon Puteri Bintang is to be served by the Rendezvous Hotel International, a four-star international hotel chain. It is a subsidiary of Straits Trading Company Limited of Singapore. The hotel comprises 388 suites and offers numerous facilities to its guests including conference and banquet facilities, swimming pool and gymnasium.

On the other hand, the serviced residence at Taragon Puteri Bintang consists of 152 serviced residences with built-up sizes from 522 sf onwards. All units come with a utility room except Executives Suite Type 1 and Type 5. There are also 4 units of penthouses located on 26th and 27th floors of each blocks.

Each unit at Taragon Puteri Bintang comes with standard finishing that includes plastered ceiling, air conditioning, built-in wardrobe, oven hood and kitchen cabinets. Besides that, the developer also offered full furnishing package for initial buyers who wish to lease their units to be managed by Redezvous Hotel International.

The facilities at Taragon Puteri Bintang are located on the third floor, including gymnasium, sauna, swimming pool, wading pool and children playground. In addition, its 24-hour security features CCTV, access card and video intercom system in each unit that linked to security house. Plus, each unit comes with at least one covered car park bay.