Idaman Residence

Idaman Residence is a luxury high-end condominium situated right opposite to the Petronas Twin Towers in KLCC. The exclusive resort condominium is located right in the center of the KL's Golden Triangle, where one could indulge in shopping, dining and recreational activities that catered especially for those city folks. Towering 34-storey high over the city center, Idaman Residence was built on 1.45 acres of premier freehold land with optimum layout designed to enhance individual private spaces. There are nine units of apartments on each floor with sizes ranging from 877 up to 2,174 sf where the ceiling is 10-feet height. The living room, dining area and master bathroom laid feature first-class imported marble. For that superbly sleek and modern-futuristic look, the Idaman Residence exterior is 90% glass, with view overlooking KLCC and KL cityscape that one can personally enjoy from within their home. Even by entering the condominium lobby, one would be incredibly impressed with the 30-feet high ceiling, an epitome of making a "grand entrance". Idaman Residence is located directly across Menara TA and one side of the condo faces KLCC. Nestling in one of the most strategic locations within the KLCC enclave, off Jalan P Ramlee is near nightclubs, shopping malls (in the Golden Triangle) and varieties of eateries. It is no surprise that the area can be heavily congested with traffic.The traffic flow surrounding Idaman Residence usually leads the Kuala Lumpur motorists to Jalan Tun Razak, AKLEH and Jalan Kuching. Through these roads, the drivers can reach Petaling Jaya, Shah Alam, Gombak, Sungai Besi and Ampang. Idaman Residence is certainly nestled in the middle of Klang Valley.

Property Details

Name: Idaman Residence

Address: Jalan Law Yew Swee, 50250 Kuala Lumpur

Developer: TA Properties

Completion Date: 2008

Type: Condominium

Tenure: Freehold

No. of Blocks: 1

No. of Storey: 34

No. of Units: 250

Built-up

Condominium Units: 877 - 2,174 sf

Penthouse: 3,400 - 3,800 sf

Maintenance Fee: RM0.35 psf

Launch Price: From RM500 psf

Subsale Price: From RM1,100,000

Rental: From RM2,200

Layouts

Type H1

2 bedrooms + 2 bathrooms (877 sf)

Type H2

2 bedrooms + 2 bathrooms (953 sf)

Type H3

2 bedrooms + 2 bathrooms (929 sf)

Type H4

2 bedrooms + 2 bathrooms (922 sf)

Type B1

2 bedrooms + 2 bathrooms (1,075 sf)

Type B2

2 bedrooms + 2 bathrooms (1,035 sf)

Type B3

2 bedrooms + 2 bathrooms (1,047 sf)

Type C1

3 bedrooms + 3+1 bathrooms (1,691 sf)

Type C2

3 bedrooms + 3+1 bathrooms (1,746 sf)

Type E1

2 bedrooms + 2+1 bathrooms (1,551 sf)

Type E2

2 bedrooms + 2+1 bathrooms (1,591 sf)

Type F1

3 bedrooms + 2+1 bathrooms (1,519 sf)

Type F2

3 bedrooms + 2+1 bathrooms (1,622 sf)

Type F3

3 bedrooms + 2+1 bathrooms (1,619 sf)

Type G1

3 bedrooms + 2+1 bathrooms (1,591 sf)

Type G2

3 bedrooms + 2+1 bathrooms (1,744 sf)

Type G3

3 bedrooms + 2+1 bathrooms (1,683 sf)

Type G4

3 bedrooms + 2+1 bathrooms (1,756 sf)

Type I1

4 bedrooms + 4+1 bathrooms (1,607 sf)

Type I2

4 bedrooms + 4+1 bathrooms (1,793 sf)

Type I3

4 bedrooms + 4+1 bathrooms (1,717 sf)

Type D1

4 bedrooms + 4+1 bathrooms (2,100 sf)

Type D2

4 bedrooms + 4+1 bathrooms (2,017 sf)

Type A1 (Deluxe)

4 bedrooms + 4+1 bathrooms (2,174 sf)

Type A2 (Deluxe)

4 bedrooms + 4+1 bathrooms (2,096 sf)

Penthouse (Triplex)

4+1 bedrooms + 5 bathrooms + Roof garden (3,400 - 3,800 sf)

Facilities

Gym

Swimming pool

Children pool

Multipurpose hall

Surau

Laundry

Convenient shop

Children playground

Changing room

Management office

Specially designed landscape garden with water features

24-hour security and surveillance

Market Trends

Analysis

The price of Idaman Residence was around RM620 psf prior to its completion. Today, as of September 2014, the subsale price starts at RM1,100,000, in which it is still considered as a reasonable deal, compared to other condominiums in the KLCC vicinity that cost up to RM1,000 psf. As the price is ranged according to the layout sizes, one will only have a choice of the KLCC view or no KLCC view. Condominium units with Layout A, which is the biggest of all at 2,174 sf, are the only units that give the residents a full view of KLCC. This is perfect for those big fan of KLCC. The rest of the units are either with partial view of Petronas Twin Towers or not at all. However, units with Layout H seems to be the favorite among buyers who does not need a bungalow space. The smallest among the rest, Layout H has only humble space of 877 sf. Then again, some complained that with a little more or less of a full skyline view upon entering the front door of Type H, the units are sometimes overpriced. Some argued that these beautifully designed studio-like units are actually indeed very affordable, especially when they are situated in the posh KLCC area. Not having to specify into one particular layout, investors and buyers get to choose from 25 different designs; the only difference for the same type, e.g. Type I1, I2, I3, is the sizes of the balcony but not the interior layout. This is sufficiently convenient for one to select which design suits best with no lack of choices.To please smart buyers, the developer threw in freebies such as built-in kitchen cabinets and basic appliances, making Idaman Residence so far without any harsh complaints. All in all, Idaman Residence seems to be a place well worth to invest in, especially in this economic condition and since substantial percentage of this market is made up of foreign investors. Wait for a few more years and watch the value shoots up, because there is no way one could un-posh KLCC area.