Sentral Suites

Sentral Suites Location

Sentral Suites is located along Jalan Tun Sambanthan, Brickfields. The property is
situated right next to the Menara Shell Tower and it is only 500 m walking distance
to the KL Sentral Station. Apart from being known as the home to the central
transportation hub, Brickfields is also one of the earliest settlements in Kuala
Lumpur. Therefore, a few old colonial buildings can be spotted along Jalan Tun
Sambanthan, such as Vivekananda Ashrama.

KL Sentral occupies over 72 acres of land flanked by Jalan Travers, Jalan
Damansara and Jalan Tun Sambanthan. It was built on the former marshalling
yards owned by Keretapi Tanah Melayu in Brickfields. Developed on fourteen
parcels of land, KL Sentral features a self-contained city comprising corporate
office towers, hotels, high-rise condominiums and shopping malls. The majority of
the land is constructed with office towers such as Menara CIMB, Platinum Sentral,
Mercu UEM, Plaza Sentral and 1 Sentral Tower. Only four lots are allocated for
residential purposes. The majority of the residential developments here are
freehold, namely Suasana Sentral, Suasana Sentral Loft, Sentral Residences and St
Regis.

Together with Keretapi Tanah Melayu Berhad (KTMB) and Pembinaan Redzai Sdn
Bhd, KL Sentral was developed by MRCB, which was the same developer as Sentral
Suites.

Connectivity

Located only 500 m away from KL Sentral, the residents can enjoy easy
accessibility to public transport as well as a wide array of facilities. KL Sentral is
the largest transit hub in Malaysia which integrated public transportation and
offered connectivity to all urban and suburban areas in Malaysia. The hub
connects six rail networks, namely the ERL, KTM Komuter, ETS, LRT, Monorail and
MRT. With ERL service, it only takes 28 minutes to travel to KLIA and travellers are
able to check-in at the station beforehand. Besides, KL Sentral is only 1 station
away from Bangsar and Mid Valley City, 5 stations away from Bukit Bintang and
KLCC.

Apart from rail services, KL Sentral also offers shuttle bus services within Kuala
Lumpur.

Convenience

Situated just 2.8km away from Kuala Lumpur City Centre, KL Sentral houses an
impressive combo of luxury hotels, leisure facilities, local and foreign eateries.
Easily accessible via LRT, KTM, and Monorail, many shopping malls such as Mid
Valley, Suria KLCC and Pavilion are just situated several train stops away from KL
Sentral Station. KL Sentral is also located within walking distance from the
residential neighbourhood of Brickfields where numerous Buddhist temples, Hindu
temples and Christian churches can be found. On the other hand, there are
numerous international schools and colleges located in the area. This will be
convenient for those expatriates living in Malaysia with their children.

One of the most thriving developments in KL Sentral is office towers, which
occupies more than 50% of the total land area. There are more than 10 office
towers in KL Sentral that accommodate local and multinational companies.
Despite the rising trend of working from home due to the pandemic, the average
occupancy rate as of Q4 2020 of KL Sentral offices is 94.2%, the highest in Klang
Valley.

Despite all the facilities and amenities available nearby, there is an evident lack of
green spaces in the area. Luckily there are a few recreational parks such as
Perdana Botanical Garden and Urban Orchard Park which are 10 minutes drive
away.

Shopping

• NU Sentral (400m)
• Mid Valley (1 station away)
• The Gardens Mall (1 station away)
• SOGO Kuala Lumpur (2 stations away)
• Pavilion (5 stations away)
• Suria KLCC (5 stations away)

Education

• Sekolah Menengah Kebangsaan Vivekananda (180 m)
• Valley International School (230 m)
• Havil International School (350 m)
• Global Indian International School (450 m)
• Brickfields Asia College (550 m)
• SMK La Salle (650 m)
• Kuen Cheng High School (1 km)
• Methodist College Kuala Lumpur (1 km)

Medical Centre

• Klinik Cheah (130 m)
• Klinik Sri Manja (200 m)
• Poliklinik Shaik (600 m)
• Poliklinik Cahaya (700m)
• Klinik Bakti Sentral (900 m)
• Klinik Segara (1 km)
• Cardiac Vascular Sentral Kuala Lumpur (CVSKL) (1 km)
• Bangsar Medical Centre (2.3 km)
• IHeal Medical Centre (3.2 km)
• Mahameru International Medical Centre (3.8 km)
• Pantai Medical Centre (4.4 km)
• Hospital Kuala Lumpur (7.3 km)

Hotels

• Hilton (750 m)
• Alila Bangsar (1.1 km)
• The St Regis (1.2 km)
• Le Meridien (1.3 km)
• The Majestic Hotel (2.0 km)

Office Towers

• Plaza Sentral (350 m)
• NU Tower 1 & 2 (450 m)
• 1 Sentral (500 m)
• Menara 1 Sentrum (550 m)
• Menara UEM (600 m)
• Axiata Tower (800 m)
• Menara CIMB (900 m)
• Platinum Sentral (1 km)
• Q Sentral (1.1 km)

Recreational

• Urban Orchard Park (4.2 km)
• Perdana Botanical Gardens (4.7 km)
• Taman Tugu (5.5 km)

Sentral Suites Floor Plan

Sentral Suites offers 10 types of floor plans, thus accommodating buyers of
different needs and budgets. Featuring 3 towers of 43 storeys each, Sentral Suites
hosts a total of 1434 units.

• Type A, A1 (1 bedroom) : 650 / 653 sq ft
• Type Corner A (1+1 bedrooms) : 724 sq ft
• Type Corner A1 (1+1 bedrooms) : 765 sq ft
• Type B, B1, B2 (2 bedrooms) : 826 / 858 / 812 sq ft
• Type C (3 bedrooms) : 1,138 sq ft
• Type Corner C (3 bedrooms) : 1,025 sq ft
• Type Corner D – Dual key (2 bedrooms + 1 suite) : 1,166 sq ft

Type A and Type A1 come with one bedroom and are more suitable for singles
and couples. Type Corner A and Type Corner A1 are similar to the aforementioned
types, except it comes with a small reading nook where it can be converted to a
working space, storeroom or entertainment room. Type Corner A and Type Corner

A1 also come with small balconies which Type A and A1 lack. Although the areas of
Type Cornel A and Type Corner A2 are larger, type A and type A1 might appear
more spacious as the layout is square in shape which visually offers a wider view
of the outside.

Type B and Type C are suitable for small families or working professionals who
prefer larger spaces to live.
Type D is a dual-key unit that is popular among property investors and owners
who are looking to rent out part of their property for extra income. It is also
suitable for multigenerational families who want to live under the same roof, but
at the same time maintain their own privacy.

Currently, only Type A, Type A1, Type Corner A1, Type B and Type B1 are available.
It is worth mentioning that Type Corner A and Type Corner A1 in Tower 2 are
available for a fully furnished package. The additional furniture under the fully
furnished package comprises a TV console, sofa, dining table, curtains, pillows
and mattress cover, refrigerator, etc. The buyer can just move in hassle-free.

Sentral Suites Facilities and Amenities

The concept of Sentral Suites is to provide residents with a sanctuary surrounded
by lush greeneries. One of the key attractions of the property is the sky gardens.
There are 15 sky pods and 15 sky gardens scattered throughout the buildings that
allow residents to enjoy green space within an urban setting. These areas provide
residents with a splendid vantage point of the KL skyline. Furthermore, there will be
sky gardens of various styles such as the Japanese Garden and Balinese Garden
to create green spaces of different atmospheres in the building.

Facilities and Amenities:

• BBQ Area
• 50m Lap Pool
• Tai Chi Deck
• Yoga Deck
• Seating Area
• Playground
• Reflexology Path
• Wading Pool
• Family Pool
• Basketball Court
• Outdoor Gym
• Shower Area
• Jacuzzi Area
• Shelter with Water Fountain
• Indoor BBQ
• Dance Studio / Fitness Room
• Billiard Room
• Gym
• Meeting Room / AV Room
• Multipurpose Hall
• Kids Centre
• Table Tennis Room
• Surau
• Lounge / Reading Corner
• Sauna
• Jogging Route
• Breakfast Nook / Cafe / Mini Mart

Sentral Suites Property Analysis

Target Market

For the past 10 years, KL Sentral has proven to be a high-yielding property hotspot
for many investors. The demand for residential units in KL Sentral is mainly driven
by the professionals working in the vicinity and frequent travellers. KL Sentral has
a working residents population ratio of 5:2 which increases the demand for
properties in the area. The high occupancy rate of the office towers in KL Sentral,
such as Mercu, UEM, Menara MIDA, Axiata Tower, Menara Shell and NU Towers
might contribute to the demand for residential units in KL Sentral. Some of the
famous multinational companies now reside in KL Sentral, such as Google, Shell,
PwC and Cisco.

KL Sentral rents have also remained resilient over the past 10 years compared to
the other established markets such as KLCC and Mont Kiara. The high rental yield
can be attributed to the high demands for residential units from the professionals
working around the vicinity. Compared with other expatriate hotspots such as
Mont Kiara and Desa Park City, KL Sentral has the unparalleled advantages of
being in close proximity to the major transport hub and office towers.

Besides, the average price growth of the properties in KL Sentral is the highest
among the competitors, such as KLCC, Mid Valley City and Mont Kiara. It is also
expected that the capital value of KL Sentral will continue to increase due to the
limited land left for development in the area.

Sentral Suites might also attract some upper-middle-class professionals who
wish to live in the centre of the city and enjoy easy accessibility to the facilities
and amenities nearby.

Competitor Analysis

New residential developments within KL Sentral are extremely limited as the
majority of the land is already allocated for commercial purposes. Sentral Suites
and Riveria City are two of the latest developments in the area.

Riv at Riveria City offers the lowest starting price (RM 348,800) compared to the
other properties. However, its price per sq feet (PSF) is RM1395, which is the
second-highest among all. This is because Riv at Riveria City offers only office
suites and SOHO. The built-up area is the smallest in the list, ranging from 250 sq
ft to 450 sq ft. The built-up area of St Regis The Residences is the largest, ranging
from 766 sq ft to 4,253 sq ft. The largest unit comes with 4 bedrooms and 4
bathrooms which is uncommon in today’s developments. The price of St Regis is
also one of the highest in the area.

In terms of price per foot (PSF), Sentral Suites offers the second-lowest PSF of RM
990 – RM 1241, after Sentral Residences. Sentral Residences has the lowest price
PSF because it is not a new development. It has the highest density among all the
properties as well. Sentral Residences has 368 units per acre while Sentral Suites has 301 units per acre. However, Sentral Residences offers freehold tenure and there are over 17-floor plans to choose from.

The studio unit in Sentral Residences also offers a larger built-up area (766 sq ft) than the one in Sentral Suites (650 sq
ft). In comparison, Sentral Suites offers only leasehold tenure and there are only
10-floor plans to choose from. Nevertheless, these two properties are both
developed by the same developer, MRCB. Although the target buyers are different,
the quality ought to be similar.

Sentral Suites Developer: Country Annexe Sdn Bhd

Country Annexe Sdn Bhd is a subsidiary of MRCB. Founded in 1968, MRCB plays a
vital role in the development of the nation’s buildings and infrastructures. The group
is also well-known as the chief developer of KL Sentral transport hub and business
district.

MRCB is one of the pioneers of TOD (Transit Oriented Development) in Malaysia.
Some of the exemplary projects included Petaling Jaya Sentral Garden City,
Penang Sentral and Kwasa Sentral. These developments aim to enhance public
transportation accessibility among the public to promote more sustainable urban
growth. Besides, these developments also blend different uses such as residential, commercial, cultural and institutional buildings into one space. Residents will live in a self-sustaining community without the need to travel far.

MRCB is also involved in other developments such as high-rise office towers and
high-end residential development. The company’s latest projects include TRIA
Residences in 9 Seputeh and Alstonia Hilltops Homes in Bukit Rahman Putra. The
company also ventured into high-rise developments overseas, notably in New
Zealand and Australia.

Summary

The rise of KL Sentral Central Business District (CBD) has contributed to the real
estate value of properties within the area. Sentral Suites is no exception. Sentral
Suites is rather steeply-priced but considering its prime location, exclusive
facilities and great connectivity to public transportation, the property might still
attract a lot of investors and buyers who are keen on living in the bustling city with
a variety of facilities and amenities at hand. With the expansion of MRT and LRT
lines, the demands for TOD condominiums like Sentral Suites will continue to
increase significantly.