Panorama, Jalan Ampang
Some of you who frequently travel along Jalan Ampang recently would have notice this latest condo project making its presence felt.
The location is just off Jalan Ampang, behind Corus Hotel and very near KLCC. Some 3 years ago this area was the hotspot for launching condos, almost every old bungalow lot or empty parking lot was turned into gleaming condos. The mad rush for skyscrapers has definitely tapered off in the past year, but that doesn’t mean it has stopped entirely. But developers who are only now launching their products at the sunset of this boom have smartly opted a different approach - build smaller condos with exclusivity and target a different niche. Some may argue that no such niche exists, or that’s too inconsequentially small to begin with, and that they all just target the local investors cashing in on the still lucrative expat rental market. Be that as it may, Panorama seem to have done well enough to justify the developer’s reasoning.
Panorama is actually two blocks of condo units facing a pool, and its a pretty small site. Most of what is left is used for landscaping, and from the looks of it, they managed to keep a pretty good balance of units and greenery giving it a very low density garden feel. Tower A, nearer to the entrance, has three wings, that’s one unit per wing, giving you 3 units per floor. Block B has four wings, two of which have 2 units making it 6 units per floor. The extra two units are much smaller compared to the others available.
Due to the limitations of the site, they only have one floor of basement parking. The rest of the parking is located on 5 storeys of podium parking above the ground floor. On the sixth floor, they have an environmental / pool deck, where most of the common facilities are located. Above that are the units, going up to the 31st floor. Some units go one floor higher up than others.
On the units, they have a single bedroom unit (at 592 and 603sq.ft.), a two bedroom unit (coming in at a large 1,152 and 1,249sq.ft) and the largest variety is the three roomer, sized at 1,798 and 1,819sq.ft. The range of unit sizes is quite narrow, but we’re pretty surprised they have kept the starting size at studio apartment level - sub 600sq.ft. Its the kind of size that is suitable for singles or expat couple without much use for space. The largest unit is not that big, coming in at 1,819sq.ft. which is still below the 2,000sq.ft. threshold.
Small development size doesn’t allow for much facilities, so they kept to the basics. But the pool looks impressive, though, as with the earlier mentioned landscaping.
Prices start from a cool million up to almost 3 million.
The developer is a JV company between General Corp Bhd. and UOL Group Ltd. Both are based in Singapore but have experience here in Malaysia.
So what did we think? Like we mention, the strong points are the low density feature and landscaping. Site is pretty small and close to the neighbouring lots though. If you have a low unit you wouldn’t have much of a view. Very expensive though.
| Project Name | Panorama |
| Location | Jalan Ampang, Kuala Lumpur |
| Description | 33-storey Residential condominium |
| Land type | Freehold |
| Development size | 1.13 acres |
| Encumbrance | Charged to UOB Ltd |
| Price | RM1,016,700 - RM2,977,800 (on the average about RM???psf |
| Unit size | 592 to 1,819sq. ft. |
| No of units | 223 |
| Launch Date | now available |
| Expected Completion | March 2011 |
| Developer | Promatik Emas Sdn. Bhd. (JV between General Corp Bhd. and UOL Group Ltd) |
| Contact | 03 – 2141 0059 |
| Website | www.panorama.com.my |
developer ni sudah gila! average malaysian income per family rm3k/bulan je. mana boleh beli ni RM1,016,700 - RM2,977,800? Gila!
Comment by nik271 — November 14, 2008 @ 8:59 pm
obviosly this project is not targetting at average malaysians.
Comment by linustw — November 20, 2008 @ 3:47 pm
KLCC Condos - Wing Tai Asia
I would will advise potential property investors and home-owners to be cautious on buying high end property in the current economic environment.
I had recently move into a residence by Wing Tai Asia in the same area as well (Jalan Ampang, opposite KLCC). For the past one year I had experienced a series of major plumbing issues. To make matters worse, the project manager has been extremely unprofessional.
The whole experience of moving into a premium property is totally skewed. Wing Tai Asia did not deliver a proper residence and I have lost all trust with this developers.
I strongly do not recommend Wing Tai Asia to anyone (esp their upcoming development Verticas in KLCC & Bukit Salon).
Comment by KM — February 14, 2009 @ 10:34 am