St Mary Residences (Penthouse Suites)

Kuala Lumpur (KL), Malaysia

Language Spoken: English, Chinese, and Malay

Area: 243 KM2

Population (City): ~ 1.65 million

Population (Metro): ~ 7 million

Currency: Malaysia Ringgit

Approx: 1 USD = RM 3.25

GDP per Capita: USD $18,218

Kuala Lumpur is the federal capital and the fastest growing metropolitan region in Malaysia, in terms of population and economy. The city has played host to many international sporting, political and cultural events including the Commonwealth Games and the Formula One Grand Prix. In addition, Kuala Lumpur is home to the tallest twin buildings in the world, the Petronas Towers, which is an iconic symbol of Malaysia’s futuristic development.

           

 

 Location: Kuala Lumpur (KL) is located at the west coast of Malaysia Peninsula in Selangor State, 40 Km east of the Strait of Malacca, 300 km northwest of Singapore.

Geography: The geography of KL is characterized by a huge valley, known as the Klang Valley, which is an area comprising KL and adjoining cities and towns in the state of Selangor.

Direct Flights: A total of 112 cit ies with nonstop direct f l ights to Kuala Lumpur.

Cost of l iv ing in Kuala Lumpur

Items RM USD (1USD = RM 3.5)

Avg. Price Per m2 to Buy Apartment in City Centre 9,600 $3,000

Avg. Price to Rent 1 Bedroom Apartment in City Centre per month 2,455 $755

Basic Utilities (Electric, Heat, Water, and Garbage) for 85 m2 Apartment 152 $47

New Volkswagen Golf 1.4 Car 150,000 $46,200

Gasoline (1 liter) 2.10 $0.65

Simple Meal 8 $2.30

Avg. Monthly Salary 3,875 $1,200

Updated in Oct 2014, data is based on 3441 entries in the past 18 months from numbeo.com

Economy

- KL is the most industrialized and economically, the fastest growing city in Malaysia.

- The most important sectors in the KL labour market are finance, real estate, and insurance.

- KL has a large number of banks operating in the city and is poised to become the global Islamic financing hub .

- It is the city where many multinational corporations have chosen to have their Southeast Asia headquarters.

Why Kuala Lumpur?

- KL is the capital of Malaysia where all major things and events will take place. - Branded hotels will soon make their presence in KL such as Harrods, Four Seasons, W Hotel, Banyan Tree, St Regis

Kuala Lumpur, and Grand Hyatt Hotel. - Comparison of prime area in KL with prime areas in Bangkok, Shanghai, Singapore, Hong Kong and Macau,

property prices in KL are still amongst the most affordable. - A High Speed Rail (HSR) system connecting KL to Singapore to be completed by 2020 is expected to push up the

real estate prices. - Traveling around Asia is affordable as Malaysia is home to the world’s largest international low-cost carrier terminal. - KL is the 8th most visited city in the world with 9.2 million visitors in 2013 (MasterCard Index, 2013).

           

 

  Project Factsheet

Project Name: Developer:

St Mary Residences (Penthouse Suites) Mergexcel Property Development Sdn Bhd (710045-P) A joint venture between E&O Berhad & The Lion Group

Location:

Jalan Sultan Ismail, Wilayah Persekutuan Kuala Lumpur, Malaysia Kuala Lumpur City Centre (KLCC), Malaysia Centrally-located within walking distance to a kaleidoscope of nightspots, shops and 5-star hotels as well as the corporate offices of global giants, St Mary is a reflection of Kuala Lumpur’s emergence as a world-class city. Within this prime urban centre, Kuala Lumpur’s other iconic landmarks – the Petronas Twin Towers, KL Tower and The Shangri-La Hotel – loom over the city. With its strategic location in Kuala Lumpur City Centre (KLCC). St Mary is at the forefront of Asia’s most sought-after properties.

Distance to Nearest Monorail: Nearest LRT: Shopping Centers: Hospitals: Golf Courses: Education institutions: Other landmarks:

Raja Chulan Station – 300m (about 3mins walking distance) Bukit Nanas – 800m (about 10mins walking distance) KLCC LRT Station – 1.2km (about 15mins walking distance) Dang Wangi LRT Station – 1.1km (about 15mins walking distance) Suria KLCC – 1.2km (about 15mins walking distance) Pavillion Kuala Lumpur – 1.1km (about 15mins walking distance) Sungei Wang Plaza – 850m (about 10mins walking distance) Lot 10 – 850m (about 10mins walking distance) Starhill Gallery – 1.1km (about 15mins walking distance) Price Court Medical Centre – 2.2km (about 4mins drive) Twin Tower Medical Centre – 3km (about 6mins drive) Gleneagles Intan Medical Centre - 4.3km (about 9mins drive) Pantai Indah Hospital – 9km (about 15mins drive) Raintree Club – 4.6km (about 9mins drive) The Royal Selangor Golf Club – 2.7km (about 6mins drive) Sayfol International School – 3.2km (about 6mins drive) Fairview International School – 4km (about 8mins drive) Bukit Nanas Nature Reserve – 550m (about 7mins walking distance) KL Tower – 1.2km (about 15mins walking distance) Petronas Twin Towers – 1.2km (about 15mins walking distance) KLCC Park – 1.3km (about 18mins walking distance)

Site Area: 4.04 acres (176,000 sq ft or 16,349 sq meter) Park and landscape 1.2 acres (52,300 sq ft or 4,856 sq meter)

           

 

  Tenure: Completion:

Freehold, commercial title Completed – July 2012

Development: Design Type Rooftop PH (C1): (3+2 Bedrooms / 5 Baths) Rooftop PH (C2): (3+2 Bedrooms / 5 Baths) Rooftop PH (C3): (3+3 Bedrooms / 5 Baths) Rooftop PH (C4): (3+3 Bedrooms / 5 Baths) Rooftop PH (D1): (4+2 Bedrooms / 8 Baths) Car Parking:

3 towers with 657 residences. Block A: 28 Storey, 288 units Block C: 28 Storey, 169 units Sizes Price 4,130 sqft From RM 5,427,000 383 sqm USD 1,670,000 4,600 sqft From RM 6,150,000 427 sqm USD 1,895,000 5,015 sqft SOLD 466 sqm 4,552 sqft From RM 6,225,000 422 sqm USD 1,920,000 6,769 sqft From RM9,470,000 628 sqm USD 2,915,000 All Penthouses come with 3 car-parking bays.

Facilities & Features:

Clubhouse Fitness Centre Meeting Room and Function Room Lap Pool Wading Pool and Jacuzzi Pavilion Children’s Playroom and Playground Retail Annex 24-hour Guard Services

Maintenance Fee: RM0.55 psf (inclusive sinking charges) per month

Features of suites: 1. Imported stone for foyer and bathrooms, porcelain tile with pebble wash border for balcony and timber strips flooring for the rest of the apartment.

2. Bathroom walls finished with imported stone or glass tiles. 3. Branded sanitary ware and fittings. 4. Fully-fitted kitchen cabinet system and appliances. 5. Concealed ducted split air-conditioning units for living/dining and bedrooms. 6. Hot water system to all bathrooms (except powder room and utility/maid’s

bathroom) and kitchen. 7. Wardrobe, lighting and curtain pelmet (Tower A)

           

 

  Financing: Free legal and disbursement fees for SPA documentation Margin of financing:

- Malaysians: Up to 90% - Foreigners: Approximately Up to 70%

Payment Terms: Buyer with Financing

• RM50,000 booking deposit • Balance first 10% of purchase price (deducting RM50,000 booking deposit) upon

SPA signing in 14days. • Differential sum (between purchase price and loan amount) paid • Full balance payment of the purchase price (bank disbursement) in 2 months after

state consent received.

Cash Buyer

• RM50,000 booking deposit • Balance first 10% of purchase price (deducting RM50,000 booking deposit) upon

SPA signing in 14days. • Full balance payment of the purchase price in 2 months after state consent

received.

For further enquiries, please contact:

Rui Hoe

+65 8288 8837 rui@ppinpoint.com

Property Pinpoint Pte Ltd 137 Market Street, Level 6 Singapore 048943

T: +65 6809 3891 F: +65 6809 3701 Website: www.ppinpoint.com

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