Menara Indah is a low density condominium located in an affluent neighborhood of Taman Tun Abdul Razak (also known as Taman TAR). It is located right next to Ampang forest reserve hill and has magnificent view of Kelab Darul Ehsan Golf Course. This leasehold condominium houses 2-bedroom units and 3+1 bedrooms penthouses. The penthouse unit has built-up size of 3,210 sf and comes with a private garden and a long balcony. Most of the residents at Menara Indah are expatriates, celebrities and businessmen. Nestled in the exclusive neighborhood of Taman TAR, the residents of Menara Indah are served with numerous amenities located nearby. There are Ampang Puteri Specialist Hospital and two international schools, namely International School of Kuala Lumpur (ISKL) and Mutiara Grammar International School located just 3 km away from the condominium. In addition, there is a row of shops along Jalan Kerja Ayer Lama that houses groceries, pharmacy and convenience stores. Ampang Point Shopping Centre is also within short proximity, which houses Giant supermarket, Royel departmental store and specialty shops. Plus, there are plenty of famous restaurants and banks surrounding the shopping centre, such as Kenny Rogers, Nando's, McDonalds, Coffee Bean and Sushi King. There is also a supermarket named MaxValu located right next to Jalan Kerja Air Lama Petronas station. Menara Indah can be easily accessible from Jalan Kerja Air Lama which is connected to the Middle Ring Road 2 (MRR2) and Ampang-Kuala Lumpur Elevated Highway. Via these highways, one can reach KL city centre within 10 minutes by car.
Property Details
Name: Menara Indah Address: Jalan 2, Taman Tun Abdul Razak, 68000 Ampang, Selangor Developer: SAP Holdings Bhd (formerly known as Shah Alam Properties Sdn Bhd) Type: Condominium Tenure: Leasehold No. of Blocks: 2 No. of Storey: 7 Built-up: From 1,110 sf Subsale Price: RM500 psf Rental: From RM2,100Facilities
Gymnasium Swimming pool Tennis court Covered parking Mini market Salon Landscaped garden 24-hour parkingAnalysis
The facade of Menara Indah was re-painted with a fresh coat of yellow paint back in 2007, and up until today the condominium still look inviting and attractive. Menara Indah is favored because of its tranquil surrounding area. Being surrounded by trees, you will definitely enjoy the breeze from the hill and the sounds of the forest. The hill is also a favorite jogging area among Ampang residents. Comparing Menara Indah to the other condominiums within the enclave, such as Menara Mutiara, Kayangan and Menara Impian, Menara Indah is definitely well preferred due to its location and amenities. This can be evidenced by the rental appreciation as it has appreciated for approximately 0.9% per annum. For the last 3 to 4 years, the selling price of Menara Indah has appreciated and the units are found to be in demand. Today, the subsale price is RM500 sf, which is considered undervalued with such ambiance offered. It also has a low maintenance fee of RM0.15 psf.
