D'Tiara Office & Hotel Suites
The hotel block starts at Level 7 to Level 33. Levels 7 to 32 houses 375 units (15 units / floor) of hotel suites with nett built-up areas ranging from 587 sq ft to 1,032 sq ft. Level 33 is the penthouse level and consists of 3 penthouses with nett built-up areas ranging from 2,100 sq ft to 5,200 sq ft.
Basement & Podium
This is a 2 basement and 6 storey podium block which houses all 960 car parks, service suite facilities and 31,000 sq ft of amenities.
- What is D’Tiara Office & Hotel Suites?
- What is KL Sentral?
- Who designed the KL Sentral Masterplan?
- Are your rates comparable to premium developments within KLCC and the Golden Triangle?
- What is the main attraction of KL Sentral?
- When was the MSC Cybercentre status awarded to KL Sentral?
- What facilities and benefits will KL Sentral provide to the ICT community?
- How far is D’Tiara Hotel Suites from KL Sentral station?
- Is D’Tiara Hotel Suites easily accessible?
- When is D’Tiara Hotel Suites due for completion?
- How many units are there in total?
- What are the room types available?
- What is the standard of the facilities available?
- What is the rate and tenure of the Guaranteed Rental Returns (“GRR”)?
- What are the salient points of D’Tiara Hotel Suites’ development concept / business model?
- Why is it more attractive to purchase a D’Tiara Hotel Suite as compared to a condominium?
Q) What is D’Tiara Office & Hotel Suites?
A) D’Tiara Office & Hotel Suites is developed by Magic Coast Sdn Bhd and consists of two towers, namely the Office Tower and the Hotel Tower. The Office Tower will accommodate business activities and the Hotel Tower will provide accommodation that caters, in particular, to the short or long term accommodation needs of people associated with the businesses in the office building.
This project is a joint-development between Oilcorp Berhad (a main board listed company on Bursa Malaysia) and AmanahRaya Bhd (Malaysia's premier trustee company, wholly-owned by the Government).
The Office Tower was sold en-bloc to AmanahRaya. What is available for sale now is the Hotel Suites. The development’s close proximity to KL Sentral and the value proposition offered makes it a very sound investment opportunity for those seeking certainty in their property investments in Malaysia.
Q) What is KL Sentral?
A) Kuala Lumpur Sentral or more fondly known as KL Sentral, is an exclusive urban centre built around Malaysia’s largest transit hub, offering global connectivity, excellent investment opportunities, business convenience and an international lifestyle.
At the nucleus of KL Sentral is the RM1.1 billion world-class transit hub, Stesen Sentral. Its infrastructure supports five networks, namely the exclusive Kuala Lumpur International Airport (“KLIA”) Express Rail Link, KLIA transit, Light Rail Transit (“LRT”), Monorail, KTM Komuter and Intercity services.
KL Sentral is also a bus hub serviced by Rapid KL, the city shuttle bus service and buses that ply the KL Sentral – KLIA route. With direct connections to the major arterial roads of Kuala Lumpur and a number of major highways, the development is well-placed for access within an integrated and self-contained live, work and play environment.
Developed in phases until 2016, this unique, well-planned and integrated city is located within Kuala Lumpur's central business district. Its master plan features, in addition to the nucleus rail station, a self-contained city concept comprising corporate office towers and business suites, international hotels, luxurious condominiums, a shopping mall and an international exhibition, convention and entertainment centre.
Office zones in KL Sentral account for more than 50% of the total land. It is aimed for KL Sentral to ultimately be the business and financial hub of Kuala Lumpur.
Q) Who designed the KL Sentral Masterplan?
A) KL Sentral was designed by award-winning Japanese architect KishoKurokawa who also designed the main building of KLIA.
Q) Are your rates comparable to premium developments within KLCC and the Golden Triangle?
A) Yes, but the comparison with developments in KLCC and the Golden Triangle do not reflect KL Sentral’s unique selling point, namely the unparalleled convenience that we offer commuters and others who need to travel. There will not be another transport hub as integrated as this in Malaysia. From KL Sentral, unlike anywhere else in the city, you can connect to any part of the world.
Q) What is the main attraction of KL Sentral?
A)
- Its prime location as the main transportation hub – offering unprecedented connectivity in the heart of Kuala Lumpur, while businesses have the benefit of global connectivity.
- Once completed in 2016, the development will boast a global office address, international hotels, luxury living, shopping and international exhibition and entertainment. It will be a ‘city-within-a-city’.
Q) When was the MSC Cybercentre status awarded to KL Sentral?
A) KL Sentral was awarded the MSC Cybercentre status by the Multimedia Development Corporation in February 2006 thus becoming Malaysia’s first Cybercentre.
Q) What facilities and benefits will KL Sentral provide to the ICT community?
- World-class physical and information infrastructure
- Unrestricted employment of local and foreign knowledge workers
- Freedom of ownership by exempting companies with MSC Status from local ownership requirements
- Freedom to source capital globally for MSC infrastructure, and the right to borrow funds globally D’Tiara Corp Sdn Bhd 3 Building SECURE & HASSLE-FREE Property Investments
- Competitive financial incentives, including no income tax for up to 10 years or an investment tax allowance, and no duties on import of multimedia equipment
- Provide globally competitive telecommunications tariffs
Q) How far is D’Tiara Hotel Suites from KL Sentral station?
A) KL Sentral station is located approximately 500 m to the west of the subject site. The approximate time taken to walk to KL Sentral station is between 10 – 15 minutes.
Q) Is D’Tiara Hotel Suites easily accessible?
A) Due to the close proximity of D’Tiara Hotel Suites to KL Sentral and Kuala Lumpur’s city centre, it is indirectly served by many major roads including :
- Jalan Syed Putra which leads to the Federal Highway (connecting Kuala Lumpur City Centre and Klang Town)
- Jalan Bangsar which leads to the New Pantai Expressway
- Jalan Damansara which leads to Lebuhraya Mahameru and the Sprint Highway, which provides a direct connection between Petaling Jaya, Damansara Heights, Bangsar and Kuala Lumpur City Centre
Q) When is D’Tiara Hotel Suites due for completion?
A) The tower is due to be completed by 3rd quarter of 2011.
Q) How many units are there in total?
A) 378 units
Q) What are the room types available?
A) D’Tiara Hotel Suites consists of 1-Bedroom and 2-Bedroom Suites and each type comes in 3 different sizes as follows :
Type |
No. of BedRoom(s) |
Builtup Area (sq ft) |
No. of Units / Floor |
No. of Floors |
Total No. of Units |
Total Units |
H1 |
1 |
587 |
1 |
25 |
25 |
|
H2 |
1 |
668 |
1 |
25 |
25 |
|
H3 |
1 |
710 |
2 |
25 |
50 |
|
H4 |
2 |
872 |
4 |
25 |
100 |
|
H5 |
2 |
920 |
6 |
25 |
150 |
|
H6 |
2 |
1,032 |
1 |
25 |
25 |
375 |
Q) What is the standard of the facilities available?
A) D’Tiara Hotel Suites offers a complete range of facilities comparable to that of a 5-star hotel.
Q) What is the rate and tenure of the Guaranteed Rental Returns (“GRR”)?
A) The GRR is 7% p.a for a period of 5 years. After this period, there is an option to renew for another 5 years.
Q) What are the salient points of D’Tiara Hotel Suites’ development concept / business model?
A)
- FREEHOLD
- Competitively priced in a strategically central and upcoming location.
- Very high potential for capital upside / appreciation.
- Guaranteed immediate tenant / rental of 7% pa nett of maintenance & service charges and management fee. In fact, the Guaranteed Rental Return (“GRR”) is higher than that of current fixed deposit rates.
- All units are fully furnished to 5-star standard and the GRR are based on this all-inclusive price, which makes this investment attractive.
- Peace of mind - Managed by a financially sound, experienced and reputable company which will take care and maintain your assets for the next 5 years. We already have a proven track record in the success of D’Tiara Beach Resort Port Dickson (www.tbr.com.my). Basically, your property investment is not only sound but is practically hassle-free.
Q) Why is it more attractive to purchase a D’Tiara Hotel Suite as compared to a condominium?
A) D’Tiara Hotel Suites is essentially your access to a secure and hassle-free property portfolio in a prime location in Kuala Lumpur. The proximity to KL Sentral makes this development a gem to own as KL Sentral is the main transportation hub within a self-contained urban development.
From an income point of view, purchasers are assured of their rental returns in any economic condition and most remarkably fantastic is the potential capital appreciation that this property has to offer.
In addition, purchasers get a complete range of 5-star hotel facilities as opposed to the standard condominium facilities. Hence, purchasers get better value buying with us.
