Property Malaysia



Welcome to PROPERTY MALAYSIA
- This is the place to come if your are planning to buy, sell, invest in property, or just want to learn more about the real estate industry in Malaysia.

If this is your first time here and would like to learn more about the site and it's contributors or would like to send us an e-mail, please click on 'About Us' link below.

We post articles almost everyday, and have done so since July 2005. Some postings are about industry news, some are our views on property & construction issues, etc. But our most popular posts are our reviews of the latest launches. For an updated list of all the projects reviewed here, click on the 'Project Reviews' listing, and read away.

NEW! We also have the latest photos of ongoing projects submitted by readers of this blog, you can check it out here. It's continually updated, and you are welcome to submit, details are on the page.

If your interested in advertising on this site, please click on the 'Advertise Here!' link.


||Property Malaysia Main Page|| ||Books That We Recommend|| ||About Us & Contact||
||Disclaimer|| ||Project Reviews|| ||Advertise Here!|| ||NEW! Site Progress Photos||




November 15, 2006

One Menerung, Bangsar

Filed under: Developers, New Launches

We viewed this place quite some time back, but due to the queue of reviews to be published, we’re only doing so now. But any time would be a good time to review One Menerung, let us just sum it up to you right here in the first paragraph – this place is freaking awesome. If you’re the type to afford these types of properties. Nonetheless, if even if you’re minimum wage low salary blokes like us, it’s still nice to come and admire the architecture and ID of the place.

We were always of the opinion that Bangsar was almost fully developed, with the only lots available for new buildings were either the remaining green areas (not likely), very steep vacant land (not advisable) or redevelopment of existing bungalow lots (not big enough, unless you’re planning to turn it into a shop). But Bandar Raya Development (BRDB) have gotten their hands on a sizable 8 acre plot in a very good location. Heck, they even have another plot adjacent to it to built an impressive multi-storey show office / / sales office. And we mean very impressive. But anyway, about the development.

It’s a 8-acre plot of land behind Bangsar Shopping Centre, and another office block, on the corner of Jalan Senduk and Jalan Menerung (hence the name, if you’re wondering). Menerung is actually part of Bukit Bandaraya, an old neighbourhood of cosy semi-D units. But BRDB have clustered together a few pieces of vacant land, including one where once a sports complex was situated.

The entire development is actually shaped like an incomplete letter ‘S’, with one part of its end missing. It is obvious that the developers have really done their research and put a lot of thought into maximizing the use of the land in a top-drawer manner, not just making the most money, but making it as luxurious as possible, too. Generally, the land is surrounded by old bungalows and other landed units built in the 70’s and 80’s. The plot also curves around a green area designated as Federal reserve land, and also the HELP Institute hostel.

The strange thing here is that One Menerung shows the government green lung and the hostel in their brochures even though they don’t own it, and in these materials they don’t make it clear anywhere that its not part of their development (except when the salespeople are pitching it to you). If in the event that the Federal Government decides to built something on the reserve, or sell it to some other party, (although the likelihood of it is quite remote, but still possible) it would definitely affect this development.

In terms of access, there are two entry points, one via the aforementioned Jalan Senduk and another one out to the old Jalan Damansara, leading out to the Sprint Highway. Beyond that, we won’t delve so much into the connectivity with the other areas and highways. Bangsar is Bangsar, if you want to live there, you won’t be too concerned with connectivity or how long it takes you to get to Sg. Buloh or anything like that. Bangsar is close enough to KL and PJ, and is self contained as you can get, so there.

Let’s talk about the development itself. One Menerung is luxury with a capital L, giving the best in condo and lowrise living. There is no other place around the Klang Valley that quite matches One Menerung, with the exception of the KLCC condos. But let’s face it, how many of those over-hyped KLCC condos can boast of 8 acres of suburban space? All the units here are big, 3,000sq.ft and above, none of that few slightly cheaper smaller units that usually come with most luxury units to entice investors, or 600sq.ft studio units at the lower floors. No siree bob, all units here a big, and expensive.

There are 6 blocks of units with different characteristics, but still all part of the overall design concept, catering to different buyer needs. Following is a brief description of the blocks with the units, but we won’t go in so much into the internal layout:

Block A is a 28-storey highrise block, with 4 units per floor. There is a smaller block set a little away, called Block A annexe. Here there are only 6 floors with 2 units on each floor, giving a more exclusive (and of course pricier) choice to consider. Both towers share the same podium with 4 floors of basement parking. Unit sizes are from 3,013 to 5,671sq.ft. and cost between RM2.0million to RM2.7million. Block is facing Jalan Damansara and is nearest to the shared sports facilities and HELP Institute hostel outside. All the units here are 3+1, with the option of converting the family area into another large room.

Block B is a series of 14 multi-storey townhouses. The lower units are duplexes, with sizes ranging from 6,843 to 7,145sq.ft. Upper units are triplexes, which are similar to the lower units except with the addition of a full floor of roof terrace, at 6,036sq.ft. The build-up is smaller because they don’t take into account the roof terrace. Generally, the units in Block B are typified by a large dining, a double volume living, built-in Jacuzzi, 4+1 bedrooms, and at almost 7000sq.ft., there isn’t much more you can ask for. This block is facing the green area. Prices average at about RM3million.

Block C are is a tower of 21 floors of condos, with only two units per floor (4,385sq.ft), there are duplex penthouses at the top (7,661sq.ft). Block D is similar, but the units are only slightly bigger (5,221 and 10,291sq.ft. respectively). Single floor units go from about RM3.1million.

Block E & F houses 12 units of 3 and a half storey linkhomes units with an addition of roof terrace, giving a total of 5 levels to your house. Block E has units from 6,650 to 6,660sq.ft, and Block F is from 6,600 to 6,865sq.ft. One of these huge homes will set you back about RM4million.

Each block has their own set of facilities, usually on the ground floor of the building. There are also some common facilities for the entire development, which by themselves are quite luxurious to say the least.

There are altogether 229 units only (incidentally, so does Troika, another development by BRDB), which is quite low density since most of the land is taken by lowrise buildings. All the units are luxuriously finished, with no expense spared. The units, as we mentioned are all large, with fewer rooms than expected, giving more space to each living area. Large balconies, terraces and roof terraces are the order of the day.

One Menerung seem to have a cross-marketing deal with BSC, as the latter is used quite a bit as part of their marketing. It really helps One Menerung, as through the years, BSC still remains the iconic landmark of Bangsar, and still is fresh and vibrant with reinvention on the part of the management. BSC is also carrying out some extension works on the plot of land right behind them.

Each units comes with a minimum of 3 parking bays, larger units come with more. Maintenance fee is around 40-45 sen psf.

BRDB have been around for decades, with past projects like Bangsar Hill, Tivoli Villas and Sri Penaga. Currently, they are also working on CapSquare and Troika.

Four words to summarize One Menerung – Luxurious, impressive, location and exclusive. Enough said.

Project Name One Menerung
Location Bangsar, KL
Description Luxury condominium in Bangsar
Land type Freehold
Land Encumbrances Nil
Development Size 8 acres
Price RM2,591,200 to RM10,291,000
Unit size 3,031 to 10,291sq.ft
No of units 229
Launch Date now available
Expected Completion end 2009
Developer Bandar Raya Developments Sdn. Bhd.
Contact 03 – 2095 1011
Website www.onemenerung.com.my
www.brdb.com.my

12 Comments »

The URI to TrackBack this entry is: http://propertymalaysia.blogsome.com/2006/11/15/one-menerung-bangsar/trackback/

  1. Hi Administrator,

    Have you viewed 10@Mon’t Kiara yet which has been 77% sold in 2 months? I’m curious to find out how you think 10@Mont’ Kiara compares with One Merenung.

    In my opinion, there was nothing spectacular about 10@Mont’ Kiara but I thought that their facilities and overall development layout was better than One Merenung. One Merenung show unit is very impressive indeed but most of it is ID and hence the basic unit will be bare. Also, I think that the units facing the Help institute hostel will not be too good - imagine paying more than 2 million for a condo only to face a student hostel!

    The better units will be the bigger units in the other block which are > 4,000sf and costing about > 3million!

    Any idea on whether there will be any other new developments in Bangsar or Damansara Heights?

    Comment by kiara watcher — November 15, 2006 @ 4:02 pm

  2. i think that’s why they’ve put the more expensive units away from the student hostel, facing the green area.

    hmmm… MK10. Yes we’ve seen the project, we’re doing the review soon but it hardly compares to one menerung, since the price range is different. most people buying into it woudl be going for the Sunrise marque, and the ‘one of the last parcel of land’ thing.

    Comment by Administrator — November 15, 2006 @ 5:12 pm

  3. Administrator,
    By saying “Moan Kiala”, are you of the opinion that MK area is going less exclusive? Thx

    Comment by KV Fan — November 15, 2006 @ 6:34 pm

  4. That’s just the way most people mispronounce the name… :)

    Comment by Administrator — November 16, 2006 @ 8:43 am

  5. I thought that Moan Kiala was a bit of a degrading term that people used to describe Mont’ Kiara - it was used to indicate that Mont’ Kiara is an aspiring area for all those Ah Bengs who buy into Mont’ Kiara so that they can go out and seduce money hungry Ah Lian’s and then “Moan” refers to the sounds they make when they are back in the condo … Ha! Ha! :-)

    Is this what you were referring to KV Fan? Hence, less exclusivity as you have Ah Bangs invading the area and spoiling the tenant profile?

    I think the mispronounciation is on purpose as it’s not difficult to pronounce Mont’ Kiara properly. There are no “r”s in Mont’ Kiara. :-)

    Comment by kiara watcher — November 16, 2006 @ 7:31 pm

  6. I’ve edited the text so as no one misunderstands it. Cheers.

    Comment by Administrator — November 17, 2006 @ 10:16 am

  7. you got me at bold face “freaking awesome” … was that even legal anymore ? … love your writing … ;) yours is what i load as my startup page …

    Comment by Jason Yong — November 24, 2006 @ 11:18 pm

  8. thanks. i freaking love writing! :)

    Comment by Administrator — November 25, 2006 @ 10:23 am

  9. This project is too pricy, they were sold at 500 a sq ft b4 Palmila is completed and fetching 700+ , and they suddenly changed to match that price.

    Comment by buyer — December 17, 2006 @ 11:34 am

  10. I live in HK and new to KL property market but a friend told me about this property and am quite interested. I wanted to know what you think the rental market would be like for this property and what sort of returns I might expect. Given that I don’t live in Malaysia, it is important that I rent this out at a good rental. The concern I have is that there is limited expatatriates in KL to command the sort of rental that I would like. In addition, there seems to be an over-supply of rental properties in KL considering the number that are available for sale or already sold to foreign investors. Any thoughts?

    Comment by Investor — February 28, 2007 @ 9:51 pm

  11. its difficult to foresee the kind of rental returns for this kinf of property in the 3 yrs time, judging the uncertainty of our country and regional economic situation. Besides, at these prices, the rental rate has to be pretty high to cover your costs.

    But you are not alone in the concern of the limited expats. Even now there are too many condos for them to choose from, and with that they have the luxury to choose from the best option at the best prices.

    Comment by Administrator — March 4, 2007 @ 12:40 am

  12. I have checked around, seems like the prices now are 850psf & more for the better units, which are usually the higher ones with the best views.Sigh!

    Comment by Interested investor — May 11, 2007 @ 7:22 pm

RSS feed for comments on this post.

Leave a comment

Line and paragraph breaks automatic, e-mail address never displayed, HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>


<

Get free blog up and running in minutes with Blogsome | Theme designs available here

Free Web Counter
Free Web Counter