M Suites, Ampang Hilir, Ampang

M Suites (also known as M Suites @ Embassy Row) is another new and high serviced residence located in the affluent Ampang Hilir enclave, along the bustling Jalan Ampang. It is Mah Sing’s maiden project in this new brand series, which we all should expect more similar developments by Mah Sing under the same name.

M Suites consists of two blocks of serviced apartments that house small to medium sized service suite. There are 7 types to choose from studio to 3+1-bedroom unit with built-up size ranging from 502 sq ft to 1,630 sq ft. Each unit is partially furnished with full air-conditioning system. Facilities provided include landscaped garden, gymnasium, children’s playground, swimming pool and sun deck.

M Suites is just 3km away from the city centre and well surrounded by an abundance of amenities. Right opposite the residence is Great Eastern Mall and Fairview International School. It is also near to Sayfol International School and International School Kuala Lumpur (ISKL). Gleanegles Intan Medical Centre is also reachable by foot, and there are Ampang Puteri Specialist Hospital and Prince Court Medical Centre nearby. Besides that, it is just about 7 minutes walking to Jelatek RapidKL LRT station and the upcoming RM1.2 billion Datum Jelatek integrated development.

Property Details
Name: M Suites (also known as M Suites @ Embassy Row)
Address: Jalan Ampang, 50450 Kuala Lumpur
Developer: Star Residence Sdn Bhd (a subsidiary of Mah Sing Group)
Completion Date: November 2013 (estimate)
Type: Service apartment
Tenure: Freehold
1650sqf
corner lot
3+1 bedroom, 2 bathroom, 1 dry kitchen, 1 wet kitchen, fully furnished, kitchen cabinets, fridge, oven, washing machine, dryer, hood, hob, 4 aircons, 1 car park. more car park can be rented from building management.

Tastefully furnished including TV cabinet, sofa, coffee table, dinning table, 4 dinning chairs, 2 carpets, 2 potted plants, display cabinet, bed, desk, bedroom cabinets.

Note 1* Master bedroom mattress (queen size) will be purchased once deposit is paid
Note 2* Size of second bedroom bed + mattress (Queen or single) is for tenant to choose and will be purchased once deposit is paid

Legal & stamp duty by tenant. Deposit 2 months + 1 month for utilities.
Deposit also required for 2 Access card (1 for carpark another for normal lift access)
Facilities 24-hour security
Fully air-conditioning system
Inner courtyard recreational podium
Gymnasium
Children’s playground
Swimming pool
Sun deck
Function room
Sauna / Jacuzzi
Miniplex
Lounge
Retail podium (cafe, convenience store, saloon, launderette etc)
Market Trends
Analysis
The land was originally owned by Fraser & Neave Holdings Bhd (F&N). It was supposed to become a twin-tower serviced apartment that comprises a total of 434 units, known as Ampang Hilir 233. However, F&N have sold the land parcel that also comes with a development order and approved building plans for two blocks of serviced apartments, signature offices and retail outlets for RM53.8 million or RM857.32 per sq ft. The project is renamed to M Suites @ Embassy Row with an estimated development value of RM257 million.

Apparently, there are quite a number of new similar launches within the same area. Its closest competitors are Sime Darby’s Embassyview and Olive 108. Indeed, Embassyview is more exclusive, lower density (a total of 283 units) and priced at around RM890 psf. However, Embassyview only offers medium sizes units, from 1,632 to 2,177 sq ft. Also, it sits on a leasehold land. Meanwhile, Olive 108 is an integrated commercial and residential development on a piece of leasehold land.

Please call, Michael Chai 0***** / 0***** to arrange for a viewing session.