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The Suite is a Small Office Flexible Office (SoFo) development located at Lorong Palas, Off Jalan Ampang, Kuala Lumpur. This freehold property will be built in 2 phases, with the first phase consisting of 916 units.
Located right smack in the heart of Kuala Lumpur, the development is surrounded by a myriad of lifestyle amenities as well as other conveniences such as healthcare, shopping & entertainment, education and public transportation.
The units offered at The Suite range from dual key, suite, dual strata and dual strata 2+1 plus suite units. All of which can be catered for own stay or investment purposes. Dual strata units basically mean that two owners can each own the split unit under one roof.
The Suite offers all the key essential ancillary aspects that make a living and working space complete. It provides 4 distinct, purpose-built spaces to suit any individual - offering designer, premium, executive and luxury suites - all within the same building.
The units here are smart and intelligently connected, incorporating service technologies and convenience into its design and functionality. Among the technologies and services offered at The Suite include a robotic concierge, as well as a unit that comes with a digital lockset, smart TV, voice-controlled smart home device, and is also WiFi-enabled.
In addition to that, the development emphasises on safety and security, where all common areas and lift access are equipped with face recognition system. Interestingly, midnight snacks and calls for extra towels for SAMA suites are handled by delivery robots.
At levels 1-10 of The Suite are units managed by SAMA hotel. SAMA reimagines the apartment hotel concept, where the property comprises exclusive floors with a comprehensive array of services and conveniences. With this, owners can just sit back and relax.
Some of the facilities here include BBQ lawn, viewing deck, children’s playground, garden bench, social spaces, sky pool, sky jacuzzi, squash court, multi-purpose hall and many more.
The Suite enjoys impeccable connectivity with easy access to main thoroughfares such as the Kuala Lumpur Middle Ring Road (MRR2), Jalan Tun Razak and Duta–Ulu Klang Expressway (DUKE).
In terms of public transportation, the development is located conveniently close to a Rapid Bus station, just 200 metres away. Meanwhile, the Jelatek and Dato Keramat LRT Station are also located nearby.
The property is also within walking distance to the Gleneagles Medical Centre, National Heart Institute, Prince Court Medical Centre and Kuala Lumpur Hospital, should medical attention is needed.
Further enhancing the investment value of The Suite, shopping and entertainment destinations are aplenty within the area, with Great Eastern Mall, Ampang Point, Avenue K, KLCC, Pavilion, Lot 10, Fahrenheit 88 and Quill City Mall all located just a stone’s throw away.
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Did you know?
Check out the value of surrounding recently completed properties to make the best buying decision.
Property Name | Year of Completion | Ad Selling Price | Ad Rental Price | Avg Transacted Price | Avg Rental Yield (%) |
---|---|---|---|---|---|
The Suite | 2020 |
RM215,000
-
RM408,000
RM 902 psf - RM 1,086 psf |
NIL | NIL | NIL |
Datum Jelatek | 2019 |
RM230,000
-
RM2,000,000
RM 232 psf - RM 1,574 psf |
RM2,200 - RM2,200 | NIL | 3.61 % |
3 Towers | 2018 |
RM320,000
-
RM1,500,000
RM 1 psf - RM 1,157 psf |
RM1,200 - RM1,200 | NIL | 3.57 % |
M City | Mar 2016 |
RM252,900
-
RM8,800,000
RM 392 psf - RM 8,453 psf |
RM1,400 - RM1,400 | NIL | 1.13 % |
Rimbun | Dec 2015 |
RM225,000
-
RM25,000,000
RM 497 psf - RM 1,830 psf |
RM14,000 - RM14,000 | NIL | 1.37 % |
The Elements | Dec 2013 |
RM288,000
-
RM1,500,000
RM 399 psf - RM 1,093 psf |
RM1,199 - RM1,199 | NIL | 4.19 % |
M Suites | Nov 2013 |
RM300,000
-
RM1,600,000
RM 480 psf - RM 1,538 psf |
RM1,300 - RM1,300 | NIL | 3.13 % |
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
Non-Landed | Landed | Commercial | |
---|---|---|---|
0 - 500 SQ. FT | - | - | - |
500 - 1,000 SQ. FT | RM 537 psf | - | - |
1,000 - 1,500 SQ. FT | RM 426 psf | - | - |
1,500 - 2,500 SQ. FT | RM 640 psf | RM 1,232,500 psf | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | - | RM 4,775,000 psf | - |
Note:
Down Payment (10%) | RM 42,364 |
Loan Amount ( 90 %) | RM 381,277 |
Tenure Years | 35 Years |
Interest Rate | 4.85% |
Others (Estimation) | RM 10,000 |
Disclaimer
The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
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