Taragon Puteri YKS

Taragon Puteri YKS is an exclusive and medium rise condominium nestled in the midst of bustling city centre. It is strategically located along Jalan Yap Kwan Seng and meters away from several amenities and office towers. It is just 700 meters away from KLCC. Numerous office towers and commercial blocks can be found within minutes walking distance from Taragon Puteri YKS, including Megan Phileo Avenue, AM Finance, Public Bank Tower, Empire Tower, and Plaza OSK. As for amenities, Taragon Puteri YKS is very near to Suria KLCC, Avenue K, Ampang Park, Starhill Gallery, KL Plaza and Pavilion. Embassies nestled in the area are Australian, Pakistan, Belgian, French, and British. Moreover, it is just few kilometers away from Jalan P Ramlee entertainment hub, that houses rows of clubs and bars such as The Beach Club, Zouk KL and Nouvo to name a few. Taragon Puteri YKS is a freehold commercial development. It is a low density development as it comprises of only 40 condominium units in a 12-storey block on a 0.5-acre land. From the total of 40 units, 32 units are 3-bedroom condominiums, 4 units are sub-penthouses and remaining 4 units are penthouses. Standard units are located at 2nd to 9th floors, sub penthouses are located at 10th and 11th floors, while penthouses are located at 11th and 12th floors. There are only 4 units per floor, thus each unit at Taragon Puteri YKS is a corner unit. Units are equipped with kitchen cabinets, white tops and kitchen equipments, air-conditioning to some rooms, shower screen and Jacuzzi bath for master bedroom. Among the condominium features are indoor swimming pool, gymnasium, pool deck, children play area, sauna and open deck – all located on the 1st floor. There are 63 car parking bays available for the residents and visitors.

Property Details

Name: Taragon Puteri YKS

Address: Jalan Yap Kwan Seng, Kuala Lumpur

Developer: Bluestone Capital

Completion Date: August 2008

Type: Condominium

Tenure: Freehold

No. of Blocks: 1

No. of Storeys: 12

No. of Units: 40

Land Area: about 0.5 acres

Built-up: 1,767 – 3,210 sf

Maintenance Fee: RM0.40 psf (including sinking fund)

Launch Price: RM777,400 - RM1.6 mil (RM465 - RM500 psf)

Subsale Price:

Rental:

Layouts

Standard Unit

Type A – 1,830 sf

Type B – 1,802 sf

Type C – 1,895 sf

Type D – 1,767 sf

Sub-penthouse

Type A – 2,327 sf

Type B – 2,242 sf

Type C – 2,405 sf

Type D – 2,196 sf

Penthouse

Type E – 3,203 sf

Type F – 3,191 sf

Type G – 3,121 sf

Type H – 3,210 sf

Facilities

24-hour security

Indoor swimming and wading pools

Sauna

Gymnasium

Barbeque area

Multipurpose hall

Reading room

Market Trends

Analysis

Taragon Puteri YKS is developed by Bluestone Capital, which was bought over for about RM5 million in 2005 from a financial institution, after the previous developer failed to service its loan. All developments by the company are named Taragon Puteri with adding the location at the end of the name. Like Taragon Puteri YKS – YKS stands for Yap Kwan Seng. Other developments include Taragon Puteri Cheras and Taragon Puteri Bintang.Taragon Puteri YKS is indeed strategically located in the heart of the city. Most of its residents are single and couple without large families, and mostly are expatriates. The condominium is not suitable for big families as most units are given only a single parking bay and parking on the roadside is almost impossible. In front of Taragon Puteri YKS, there is an old bungalow which is used for a law firm and there are several exclusive and modern high-rise condominiums located surrounding it. Among its immediate residential neighbours are Jelita Court, 2 Hampshire, and Hampshire Park.Competition within the small enclave is very competitive as there are several residential located nearby including Jelita Court, 2 Hampshire, Hampshire Place, Hampshire Park, and Hampshire Residences. Plus, there are several empty plots in the area which seem to be developed into high end residential in near future. Traffic along Jalan Yap Kwan Seng is very congested during peak hours. The narrow 2-lane road is crowded with plenty of motorists who commute into the heart of the city from Jalan Tun Razak. Traffic jam in front of the condominium is a normal sight in the morning and evening.Even though each unit is a corner unit, not all units at Taragon Puteri YKS enjoy a pleasant view. As its North view is AKLEH Highway, its East view is Jelita Court, its South view is Hampshire Place and KLCC, while its West view offer great view of Kuala Lumpur skyline and KL Tower. Even some views are still pleasant at the moment, most of the pleasure will deteriorate soon after high rise buildings built on the vacant land in the surrounding area. Investment wise, Taragon Puteri YKS seems to be among the cheapest ones in KLCC vicinity. Most new and modern condominiums in the area are tagged around RM800 psf to over RM1,000 psf, and rented for RM3.17 psf. But its older next-door neighbor Jelita Court is rented at RM2.06 psf. While others like Hampshire Residences and 2 Hampshire are RM895 psf and RM1,000 psf respectively. Thus, Taragon Puteri YKS has great potential to escalate further in the future for both rental and price.