Crown Regency

Crown Regency (also known as Crown Regency Serviced Suites) is a luxury serviced residence in the heart of KLCC. It has definitely the best location for a serviced residence. It is just 10 minutes away by foot to the nearest shopping center, Suria KLCC, and 15 minutes away from the latest shopping mall Pavilion KL. Every suite in the Crown Regency is equipped with full amenities. Each suite is tastefully furnished with contemporary furniture and fittings. The serviced residence comes with covered car park. Public transportation by train is also not far away, as you can reach the KLCC LRT and Bukit Nanas Monorail stations within a few minutes by foot. The price of a unit is also quite reasonable for a serviced residence in the exclusive enclave of KLCC.

Property Details

Name: Crown Regency (also known as Crown Regency Serviced Suites)

Address: Jalan P Ramlee, Postcode 50250 Kuala Lumpur

Type: Serviced Residence

Tenure: Freehold

Maintenance Fee: RM0.39 psf

Subsale Price:

Rental: From RM220/night

Facilities

Swimming pool

Message center

Fitness center

Business center

Covered carpark

Launderette

Baggage store

Market Trends

Analysis

Location can be an encouraging factor to purchase a serviced suite at Crown Regency, but one should note that the traffic congestion in KLCC vicinity could be bad during peak hour. It would be a pain to drive in and out of this serviced residence, except by foot most of the time. It is located on KL's infamous clubbing street, Jalan P Ramlee. Having nightclubs below your home might be a bad idea, but for tourists, this is a boon. This is because these nightclubs go partying until the wee hours of the morning, where you might find it noisy, but tourists find it convenient walking back room after a drunken night. This investment is very suitable for attracting tourists looking for short-term stay. For the daily rental rate offered, one could not possibly find a cheaper hotel suite alternative in KLCC area. With full hotel amenities and services, one could stay in 5-star like suite, yet paying 3-star rate. This serviced apartment would be best for those who want to stay temporarily in KLCC, such as expatriates working in the area. They could just walk to their office nearby without ever needing a car, and hit the fitness center after work, all within walking distance. They could even hang out at various nightclubs on weekend nights without ever having to worry about being caught drunk driving. How convenient is that.