Stonor Park

Stonor Park is an exclusive low density condominium within greenery part of KLCC enclave. It is the first high-end condominium development in KLCC vicinity, which was launched back then in 2003. Besides that, Stonor Park was awarded the winner of FIABCI Malaysia Property Awards 2007 Residential (High Rise) Building of the Year. It is a project by Beneton Properties, a reputable developer. The developer's reputation can be evidenced by the quality and design of Stonor Park, as well as its other products, including 2 Hampshire, Prima Villa and Hotel Maya. Stonor Park is situated right next to Park Seven and The Pearl (estimated to be completed in 2010). Other immediate neighbors are Istana Kelantan and Istana Terengganu, and also numerous embassies. It is just located about 10 minutes walk to the Petronas Twin Towers and requires few minutes to jog to the KLCC Park. Amenities and facilities are not a problem, as one can buy household goods and shop for branded clothing at Suria KLCC. Also, one can opt for Pavilion, Sg Wang Plaza, Lot 10 and Times Square for shopping galore. As for the men, Royal Selangor Golf Club is within short driving from Stonor Park. In terms of road access, Stonor Park is easily accessible via Jalan Tun Razak and Jalan Kia Peng. You can take advantage of the long Jalan Tun Razak to head north to Ipoh, Klang and Selangor, as well as south such as Seremban and Cheras without passing any traffic light. Stonor Park was launched in April 2003 which comprises 71 condominiums in twin 20-storey condominium towers on an acre plot along Jalan Stonor. It offers exclusivity and private living with only 2 units on each floor and served with a pair of lifts. The standard unit measures between 6,000 - 4,000 sf and penthouse measures from 6,000 - 8,000 sf. Each unit is designed with 10-feet high ceilings, 8-feet high doors and glass balconies.

Property Details

Name: Stonor Park

Address: Jalan Stonor, Ampang, Kuala Lumpur

Developer: Beneton Properties

Completion Date: 2006

Type: Condominium

Tenure: Freehold

No. of Blocks: 2

No. of Storey: 20

No. of Units: 71

Land Area: 1 acre

Built-up: 2,000 - 8,000 sf

Maintenance Fee: RM0.35 psf (1st 2 years)

Launch Price: RM500 psf

Subsale Price:

Rental:

Facilities

Swimming pool

Gymnasium

Meeting and function room

Market Trends

Analysis

There are plenty planned developments that will be launched soon within the area. These include Tan and Tan Developments' 6 Stonor, which scheduled to commence this year, that located just a stone's throw away from Stonor Park. 6 Stonor comprises a 30-storey condominium block that houses 106 units. Besides that, The Pearl residential project will also commence its construction works very soon. The construction works would produce noise and air pollution to the area. Adding with the gas emission by the vehicles from surrounding area, the air would be living hell. Besides that, there are plenty new comers that would possibly affect the property market within KLCC enclave. Most are estimated to be completed on the first quarter of 2009. Among others which are going to be completed within the end of the year are One KL, The Troika, Ampersand, and Idaman Residence. The nearest to Stonor Park are 6 Stonor and The Pearl. Even though Stonor Park is highly rated by the professionals, as well as its residents, potential tenants and buyers would most probably looking for newly developed residential to get the fresh feel. Moreover, traffic congestion is one of the main issues for living in KLCC enclave. If you need to commute more than 5 kilometers to go to work or send your children to school, you cannot escape to be stuck in the traffic during peak hours along Jalan Ampang, Jalan Tun Razak, Jalan Sultan Ismail, Jalan Raja Chulan and Jalan Bukit Bintang. Residing in the heart of the city is quite a bad idea for family to raise kids. There are not many schools available within the small enclave. The nearest are Fairview International School, Sayfol International and Alice Smith International School, which located at least 3 km away. Plus, there are no facilities catered for these children in the compound. But at least you can always take your children to the biggest playground in the city, KLCC Park.