M Avenue

M Avenue is a few blocks of shop offices that is located in Segambut. The project is developed by Mandy Corporation. It is located in such a way that it has easy access to Mont Kiara and Sri Hartamas. It is one of the latest shop offices built in that area.M Avenue has 62 en-bloc retail and office suites that are available in two sizes, 22' x 50' and 22' x 75'. The units were priced between RM698,888 to RM1,318,888 when it was launched in the mid-2006.As for amenities in that area, M Avenue is nearby to the Segambut Komuter station for transportation. There is also a badminton court that is in walking distance. A little further than that, there are cyber cafes and restaurants ranging from mamak stalls to fast food chains.For accessibility, there are several major link roads connecting to M Avenue are being upgraded to provide better and easier access. Jalan Segambut will be upgraded into a six-lane toll-free dual-carriageway towards Mont Kiara, Sri Hartamas, Duta-Segambut roundabout, Jalan Duta / Jalan Kuching, and the new link to DUKE, which was completed in 2008. This will further enhance traffic accessibility.

Property Details

Name: M Avenue

Address: Jalan Segambut, 51200 Kuala Lumpur

Developer: Mandy Corporation

Type: Shop-Office

Tenure: Leasehold

No. of Storey: 3 & 4

No. of Units: 62

Built-up: 2,806 - 8,725 sf

Launch Price: RM698,888 - RM1,318,888

Subsale price: RM500 psf

Rental:

Facilities

Covered car park

24-hour security patrols

Analysis

M Avenue is developed by Mandy Corporation. The company has also developed Mandy Villa. Since M Avenue is located in Segambut, the roads leading to the shoplots currently are congested during rush hours, thus accessibility to the shoplots are hindered during those hours. The traffic jams could also cause the environment surrounding the shoplots to be subjected to sound and air pollution.Despite the design of M Avenue looking futuristic and modern, it is located at a less modern area of Kuala Lumpur, so it does not possess great marketing opportunities. The property values might increase dramatically over a certain period of time for the same reason, as the property value will go up as that particular area becomes more modern. Until then, the shoplots might only be good for smaller businesses.