Living in the heart of Sri Hartamas at Dorsett Residences

Sri Hartamas today paints a picture of affluence, accessibility and convenience — factors that have made it a sought-after neighbourhood in the Klang Valley. As the mature neighbour of the upscale Mont’Kiara enclave, the Sri Hartamas area benefits from full-fledged amenities and facilities that have developed in the vicinity. However, things have not always been this way.

Developed in the 1980s, Sri Hartamas was once regarded as an isolated area due to the lack of infrastructure and activities. However, all that was set to change in the 1990s, thanks to the emergence of infrastructure development that had tremendously improved accessibility and played a key role in transforming Sri Hartamas as a new growth area. Situated strategically at the intersection of major expressways, namely the New Klang Valley Expressway (NKVE), Sprint Expressway and Duta-Ulu Klang Expressway (DUKE), Sri Hartamas is directly linked to Kuala Lumpur city centre and other major hot spots in the Klang Valley.

These highways were a welcome addition to the network of roads connecting Sri Hartamas to its vicinity, including Penchala Link and Kerinchi Link, as well as a direct access to Jalan Tunku Abdul Halim (Jalan Duta) which connects to Jalan Kuching and the city centre.

The new highways were not just a boon for the folks of Sri Hartamas — it also increased the appeal of the area as a highly desirable place to live and conduct business. On top of that, the Asian boom of the 1990s brought with it an influx of expatriates to Sri Hartamas, which has also spilled over to Mont’Kiara. Today, Sri Hartamas has a good mix of expatriate population from Australia, Japan, South Korea, China, Britain and more.

No shortage of lifestyle amenities

The growing population of Sri Hartamas goes hand in hand with the arrival of ample amenities and facilities. In addition to that, it also benefits from the multitude of amenities in the adjacent prestigious residential and commercial neighbourhoods.

There is no shortage of public and private educational institutions in and around Sri Hartamas, including Garden International School, Mont’Kiara International School, French School of Kuala Lumpur, Taylor’s College Sri Hartamas, Cempaka International School Damansara Heights, SK Sri Hartamas and SMK Seri Hartamas.

One of the most appealing aspects of Sri Hartamas is the plethora of dining and entertainment offerings within its commercial hub. From trendy bars to fine dining restaurants to casual dining joints offering a broad array of local and international cuisines, there are plenty for residents to choose from. It is also mere minutes away from Hartamas Shopping Centre, Plaza Damas, Plaza Mont’Kiara, 1 Mont’Kiara and Publika Shopping Mall — all of which deliver a wide variety of retail and commercial options for the community.

Sri Hartamas is also a short drive away from recreational facilities such as TPC Kuala Lumpur (formerly Kuala Lumpur Golf and Country Club), Royal Selangor Club and Bukit Kiara Equestrian Club.

A sound investment

The strategic location of Sri Hartamas, combined with the scarcity of undeveloped landbank, makes every new property development a sought-after asset in the area. With mostly landed or low-rise residential properties available in Sri Hartamas, a high-rise property becomes a rare gem in this tranquil neighbourhood.

For those who seek to invest in a high-rise property, Sri Hartamas comes with a proven track record whether in terms of capital appreciation or rental yield. According to TheEdgeProperty.com analysis of transaction prices of non-landed residential property in Sri Hartamas, average transacted price per square feet has appreciated a whopping 50% from 4Q2012 to 4Q2016. For rental properties, the average asking rent was RM3,156 (as of May 2017) with an indicative asking rental yield of 5.4%.

New gem in Sri Hartamas

Joining the ranks of other sought-after properties in Sri Hartamas is Dorsett Residences, a prestigious high-rise development by Mayland Universal Sdn Bhd (a wholly-owned subsidiary of Malaysia Land Properties Sdn Bhd) with a total development value of over RM600 million.

Drawing on Dorsett Hospitality International’s sterling reputation in managing more than 23 hotels in China, Hong Kong, Singapore, Malaysia and the UK, combined with Mayland’s expertise as one of the largest serviced apartments developers in Kuala Lumpur, Dorsett Residences is poised to deliver a quality property development complemented with Dorsett’s trademark luxury services.

Built on 5.42 acres of prime freehold land, Dorsett Residences accommodates 707 units of serviced apartments within a towering 27-storey block. Residents can choose from one-bedroom or two-bedroom layout types with built-up areas ranging from 474 sq ft to 1,378 sq ft.

Located along Jalan Sri Hartamas 1, Dorsett Residences is surrounded by plenty of access points, making travelling in and out of the area a breeze. Its central location puts it within walking distance to a host of lifestyle amenities while an endless array of retail, dining and shopping options is just a short drive away.

Dorsett Residences is built under the same roof as the globally renowned Dorsett Hotel Hartamas and residents can enjoy the best of both worlds with access to the facilities of both properties. Dorsett Residences’ facilities include a rooftop swimming pool, wading pool, jacuzzi, health and wellness centre, gymnasium, children’s club room, and meeting and multipurpose room. Residents can also wine and dine amidst a panoramic view of Kuala Lumpur’s skyline at the Sky dining on the 27th floor.

Other facilities available to residents of Dorsett Residences is an all-day casual dining on the mezzanine floor as well as room service, laundry service, housekeeping, concierge and maintenance services, at predetermined rates.

Dorsett Residences is scheduled for completion by end-2017. For sales and enquiries, kindly contact 011-1111 3333 or visit www.dorsettresidences-hartamas.com for more information.

This story first appeared in TheEdgeProperty.com pullout on June 9, 2017. Download TheEdgeProperty.com pullout here for free.