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East West Co is a
registered estate agency located at Diamond Square,
off Jalan Gombak, Kuala Lumpur.
The agency has a strong presence in Kuala Lumpur area with a team of
professionally qualified and licensed negotiators, each having an
extensive knowledge of the major residential and commercial areas of
Kuala Lumpur and surrounding districts.
Diamond Square,
Kuala Lumpur
Diamond Square is a commercial centre of shop-offices located just
off Jalan Gombak, in the township of Setapak. The area is located in
between Jalan Genting Klang and Jalan Gombak which connects to the
DUKE highway in just minutes.
Right next to Diamond Square, are Diamond Regency and Diamond
Residences. Residential communities like Taman Desa Gombak and Taman
P Ramlee surround this business square. Setapak is a major suburb in
Kuala Lumpur and a growing community just 6 km away from the KL city
center.
Diamond Square, a freehold property by Medan Ehsan, was built in 2
phases. Phase 1 consists of 650 units stretched over 6 blocks while
phase 2 consists of 158 units in one block; all completed in 1998.
There are individual lifts to service the shop-offices which are
about 1,500 sf per floor. The shop-offices are 7-storey tall and
have basement parking.
Property Details
• Name: Diamond Square
• Address: Off Jalan Gombak, Setapak, 53300 Kuala Lumpur
• Developer: Medan Ehsan
• Managed By: DSQ Property Management
• Completion Date: 1998
• Tenure: Freehold
• Type: Shop-Office
• No. of Units
• Phase 1 – 650 units
• Phase 2- 158 units
• No. of Storey: 7
• No. of Blocks
• Phase 1: 7
• Phase 2: 1
• Land Area: 20' x 75'
• Maintenance Fee
• Phase 1: RM0.10 psf
• Phase 2: RM0.15 (sinking fund RM0.03 psf)
• Subsale Price: RM140,000-RM510,000
• Rental: RM700-RM2,400
Analysis
Diamond Square is a hive of activity as the area provides plenty of
amenities to the residents in the nearby condominiums. Banks, F&B
outlets, telco companies, and much more service this highly dense
community. Parking around the shops can be difficult, as during peak
hours, cars may triple-park in certain areas. But this proves that
the area is booming for businesses and new clientele will be added
with the development of the new up-market 222 Residency further down
the road.
Rental at Diamond Square is very affordable at roughly RM1.00 psf
for a basic office unit. Maintenance and sinking fund fees vary
depending on which phase. Phase 2, the last block that was completed
with just 158 units, has a slighter higher fee.
With a neighboring township like Sentul being upgraded towards a
more upmarket community, Setapak is a close by alternative in terms
of property choice. It is affordable and services a wide community.
The easy access via the Duta-Ulu Kelang Express (DUKE), Sentul Link,
MRR2 and other major roads makes this commercial square easy to get
to, whether one is working or living there.
Sources: www.propwall.my
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