The Colonnades is a high-end luxury development located in the vicinity of Kota Kinabalu, Sabah. This residence was developed by the renowned Tokojaya Sdn Bhd, a firm which also developed Api Api Centre. Located on a leasehold land, this project consists of four blocks that are named Garden Terrace, Crista, Cassia and Costa. The blocks have 4- to 12-storey, and altogether offer a total of 168 units. Besides that, The Colonnades offers few layouts which are all fitted with balconies. The Garden Terrace is a 4-storey block which has a total of 63 units with built-up of 1,431 sf, with 3 bedrooms and 2 bathrooms. Meanwhile, Crista, Cassia and Costa are 12-storey high, offering 35 units each. Crista provides units which have built-up between 1,743 and 1,840 sf, with 4 bedrooms and 4 bathrooms. Cassia offers units with built-up from 1,700 sf, with 4 bedrooms and 4 bathrooms. Lastly, Costa also has 4 bedrooms and 4 bathrooms units with built-up from 1,788 to 1,795 sf. In addition, The Colonnades has few facilities for the residents which include parking area, swimming pool, squash court, gymnasium, sauna, landscaped garden, children’s playground, function room, as well as tight 24-hour security with security guard surveillance.The Colonnades is located approximately 20 minutes drive away from the Kota Kinabalu International Airport, and is also linked via several roads, namely Jalan Damai, Jalan Tuaran, Jalan Punat Tanah, Jalan Lintas, Jalan Lintas Khidmat, Lorong Pic and Jalan Kiansom.There are also several amenities available here which include University Malaysia Sabah (UMS), Giant Kolombong, SK Tobobon, Marie Lim's School, Stadium Likas, Masjid Bandar Kota Kinabalu, Kampus Jaya Institut Pendidikan Guru, Sabah Medical Centre, Sabah Golf & Country Club, Centrepoint Sabah, Asia City, Kolej Yayasan Sabah, Institut Pengajian Tinggi Metro, Hospital Mesra Bukit Padang, Hospital Queen Elizabeth and Damai Medical Centre.
Property Details
Name: The Colonnades Address: Jalan Kebajikan, 88000 Kota Kinabalu, Sabah Developer: Tokojaya Sdn Bhd Type: Condominium Tenure: Leasehold No. of Blocks: 4 No. of Storey: 4 - 12 No. of Units: 168 No. of Bedrooms: 3 - 4 No. of Bathrooms: 2 - 4 Built-up: 1,431 - 1,840 sf Subsale Price: From RM500,000 Rental: From RM3,000Layouts
Garden Terrace 3 bedrooms + 2 bathrooms (1,431 sf) Crista 4 bedrooms + 4 bathrooms (1,743 - 1,840 sf) Cassia 4 bedrooms + 4 bathrooms (From 1,700 sf) Costa 4 bedrooms + 4 bathrooms (1,788 - 1,795 sf)Facilities
Parking area Swimming pool Squash court Gymnasium Sauna Landscaped garden Children’s playground Function room 24-hour securityAnalysis
The Colonnades is a development of Tokojaya Sdn Bhd, a firm which also developed other developments namely Marina Court Resort, Menara MAA and Api Api Centre. Established in 1985, this firm entered into property development in the year 1988. The Colonnades has a very high demand, as most of the units there are rented out for vacations. The daily rental for the units here can fetch around RM400 per day, depending on the units. Usually, units with bigger built-up can gross higher daily rental.The monthly rental for the units here are also priced above RM3,000 per month. Besides that, the current subsale price for this residence begins from RM500,000 for the smallest unit. Overall, this is a nice place to invest in as the capital appreciation, as well as the rental value are good.
