Sutramas

Sutramas (also known as Sutramas Luxury Condominiums) is a low-density condominium developed by See Hoy Chan Group. It is located in Dutamas vicinity, which neighboring Mont Kiara enclave. It resides near to Changkat View and Mesra Terrace. Sutramas was launched back then in July 2004 and completed in 2007. The development comprises of 178 condominium units, including 4 penthouses. Facilities offered include tennis courts, a business center, a drivers' room and a lounge area at the lobby. Its 24-hour security feature is enhanced with a panic button provided for each unit. There are a total of 451 basement car park bays which include 80 visitors' parking bays. Also, there are six retail outlets in the compound that include a minimart, a launderette and cafe.There are not much amenities around to cater thousands of residents within the small enclave. There is a French International School on the top of the hill. Besides that, there are several government schools nearby including Sekolah Kebangsaan Segambut, Sekolah Menengah Kebangsaan Kiaramas and Sekolah Kebangsaan Hartamas.In terms of accesses, there are numerous road access to get in and out from Sutramas. You can reach the city center via Jalan Kuching within 15 minutes if the traffic is clear. Besides that, you can access Mont Kiara within 5 minutes of driving. You can utilize Penchala Link from Mont Kiara or Jalan Kuching to head to Damansara. Alternatively, you can use PLUS highway to forward north. Besides that, motorists can use DUKE highway to head east like Ampang, Gombak and Wangsa Maju.

Property Details

Name: Sutramas (also known as Sutramas Luxury Condominiums)

Address: No 3, Jalan Dutamas Melati, Jalan Dutamas Raya, 51200 Kuala Lumpur

Developer: Dutamasa (See Hoy Chan Group)

Completion Date: 2007

Type: Condominium

Tenure: Freehold

No. of Blocks: 1

No. of Units: 178

Land Area: 2.9 acre

Built-up: 2,800 – 3,200 sf

Maintenance Fee: RM0.21 psf

Launch Price: RM230 - RM320 psf

Subsale Price:

Rental:

Facilities

Swimming pool

Badminton court

Tennis court

Gymnasium

Business center

Driver’s room

24-hour security

Market Trends

Analysis

See Hoy Chan Group is a familiar name in property and construction industry. The group has built a number of townships, such as Taman Bahagia, Taman Paramount and Damansara Uptown. The group was also responsible for One Utama Shopping Center and One World Hotel. At the mean time, the group is also planning to develop a few high-end properties including Damansara Uptown Phase 2, Stonor Condominium and Titiwangsa bungalows.Dutamas enclave is always associated as Mont Kiara vicinity by property agents, as Mont Kiara land is getting scarcer now. Dutamas will stay as Dutamas, but it has a great potential to become the next Mont Kiara and Sri Hartamas, as expatriates have started to consider Dutamas as their residential. Indeed the area is still struggling at the moment, as it lacks of commercial activities as well as higher end developments. There are several views offered at Sutramas that include Mont Kiara and Segambut neighborhood. For Mont Kiara view, residents have to bear noise pollution from vehicles as the units face PLUS Duta toll. Meanwhile, for units that facing the Dutamas enclave, there is high possibility that the views will soon be blocked by new high-rise condominium developments.Right next to Sutramas is an L-shaped land which belongs to BRDB (Bandaraya Development). Besides that, not far away from Sutramas, there is planned development by IJM Group to build a mixed high rise and villa unit development behind Menara Duta 2. With more development coming in, the narrow road that caters thousands of residents from the row of condominiums, including Duta Ria, Menara Duta 1, Menara Duta 2, Changkat View and Prima Duta, will be much more crammed and hectic to get through to. The road is already congested during peak hours every single day. Upon Sutramas completion date, most owners of Sutramas were reportedly enjoying 25% to 30% of capital appreciation. The gains are reasonable but not as well as residential within Mont Kiara postcode, which achieved around 30% to 50% upon completion. Besides that, other old residential within Dutamas enclave are asking below developer price or just slightly higher. These include Prima Duta, Prima Ria, Duta Ria and Menara Duta 1. This phenomenon is due to lack of demands as well as high supply in the area which are more desirable for tenants and owners. Sutramas is a good investment if you are looking for long term investment. Dutamas is still young, thus need more developments and commercial activities before the area gets matured. There are still a number of vacant lands in the area, and for sure that these plots will be utilized for high rise condominiums. Until everything ready, do not expect much gain from the property.