| |
Friendly Homes (KL) is a registered
property valuer and estate agency located at Menara City One, 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.
Menara City One, Kuala
Lumpur
Menara City One is a freehold condominium located right in the midst
of the bustling KL city centre. It comprises of a 30-storey tower
with 502 condominium units. Unit built-up sizes are ranging from
1,121 sf to 1,559 sf. Besides residential, it also houses 49 shop
lots on the ground floor. Menara City One was developed by UDA
Holdings.
Menara City One is surrounded by commercial centres and amenities.
The condominium is just within short walking distance to Sogo,
Pertama Complex, Campbell Complex, Mydin, and Capsquare Centre.
Also, LRT stations and KTM Komuter Station are also reachable by
foot for approximately less than 10 minutes of walking distance.
These nearby stations are Dang Wangi and Bandaraya LRT stations, and
Bank Negara Komuter Station.
Property Details
• Name: Menara City One
• Address: 3, Jalan Munshi Abdullah, 50100 Kuala Lumpur
• Developer: UDA Holdings
• Completion Date: 1997
• Type: Condominium
• Tenure: Freehold
• No. of Blocks: 1
• No. of Storey: 30
• No. of Units: 502
• Land Area: 1.5 acres
• Built-up: 1,121 - 1,559 sf
• Subsale Price: RM280,000-RM749,000
• Rental: RM1,600-RM4,000
Facilities
• Swimming pool
• Badminton court
• Squash court
• 24-hour security
Analysis
There are plenty complaints heard by the residents of Menara City
One, which mostly about maintenance issue. Among their complaints
are lack of maintenance, poor lighting in the car park, cracks in
the building, noise, air pollution and open burning near the
entrance to the car park. Most problems were caused by its bad
managements – City One Sdn Bhd and the City Hall (which was handed
over in 2003).
Due to bad maintenance, owners of Menara City One have neglected
paying maintenance fee, which the amount was closed to RM6 million
in arrears back then in 2008. As the strata title should have been
given by now, there is almost no chance for the new committee
management to get the money to refurbish and revamp the condominium.
Besides that, there are plenty of commercial foreign workers
residing in Menara City One as well. They include Indians,
Bangladeshis and Nepalese. Some residents claimed that they use the
swimming pool for bath and even for brushing teeth.
For several years, the subsale price of Menara City One keeps
depreciating even though its immediate neighbours such as Maytower
and The Capsquare Residences prices keep going up. Besides that,
there are several units on auction can be found at reserved price
below RM200,000.
Sources: www.propwall.my
|
|
