Datum Jelatek

Datum Jelatek is a mega integrated development on a 2.4ha land next to the Jelatek RapidKL LRT station. It is just a stone's throw away to Seri Maya, Kampung Warisan and Great Eastern Mall.This fancy development comprises three 45-storey buildings of serviced residence, office tower, and hotel, and a shopping centre podium at the bottom of the towers. Datum Jelatek will be a Green Building Index (GBI) Platinum certified development and it is targeted to be completed by 2013.This RM1.2 billion project is by Perbadanan Kemajuan Negeri Selangor (PKNS) together with its subsidiary, Worlwide Holdings. It is PKNS' first development to upgrade and redevelop Pusat Bandar Taman Keramat into modern vicinity. According to PKNS, all their properties in Selangor will be undergoing redevelopment work in stages. In terms of accessibility, Datum Jelatek is accessible via Jalan Jelatek, Jalan Ampang, Jalan Setiawangsa, Jalan Taman Setiawangsa, Ampang-Kuala Lumpur Elevated Highway, Duta-Ulu Klang Expressway (DUKE) and Middle Ring Road 2 (MRR2). But it is best to access it via Jelatek RapidKL LRT station since the LRT will stop right within the development.

Property Details

Name: Datum Jelatek

Address: Jalan Jelatek, Pusat Bandar Dato Keramat, Kuala Lumpur

Developer: Perbadanan Kemajuan Negeri Selangor (PKNS) (with Worlwide Holdings)

Completion Date: 2013 (estimate)

Type: Commercial Mixed

Tenure: Leasehold

No. of Blocks: 4

No. of Storey: 45

Land Area: 2.4ha

Analysis

The site of Datum Jelatek was previously an old and low-cost flats owned by PKNS, which is dubbed as "Flat Columbia" for their drug and vice dens in the 1980s. The four blocks flat will be demolished for this project. Most owners of the flats and shop lots have accepted PKNS' buy-back compensation scheme. PKNS have paid compensation between RM250,000 and RM300,000 for each house, and RM450,000 to RM500,000 to business lot owners. But there are still 10% of the owners have rejected the offer and will be relocated to the two flats facing the Jelatek RapidKL LRT station.There is nothing much information can be gathered at this point since most information and news spread about the development of Datum Jelatek are influenced by political agenda. There is a speculation that says this project would never finish since it is a PKR (Parti Keadilan Rakyat) project. However, it seems that the development is doing good and still on schedule so far. There is a big potential for Datum Jelatek to become a successful project because of its modern and green design, and its strategic location in between KL city centre, Ampang Point commercial centre and Wansa Maju. Besides that, Datum Jelatek neighbors the affluent Ampang Hilir enclave, which will help boost its value.