CONLAY Outline

Development Company (Joint Venture):
Patsawan Properties Sdn. Bhd.
Joint venture between Eastern & Oriental Berhad and Mitsui Fudosan Group
Second project in KL to be developed in partnership between the two companies
Location:
KLCC Jalan Conlay
Land Ownership Type:
Freehold
Land Use Type:
Commercial
Lot Size:
1.44acres (5,827m²)
Estimated Completion Date:
Early 2024
Full Completion:
End of 2023-early 2024
Building:
1 building, 51 floors, Total 491 units

Development Companies and Designers

E&O Berhad (E&O) Examples of Development Projects

Designed by architect Kerry Hill

Designed by world-renowned Australian architect Kerry Hill (Passed away August 2018).
He specialized in designing hotels and resorts in Asia.
In Japan, his work includes Aman Tokyo (hotel) and Amanemu Ise-Shima (luxury resort).
CONLAY is the swansong of a legendary architect

Access and Major Facilities in the Surrounding Area

High-end residential area in the heart of the city

  • Pavillion Mall is a 10-minute walk and the Twin Towers are about a 15-minute walk
  • High-class residential area with many embassies and villas.
  • MRT Line 2 subway station (CONLAY Station) within walking distance (about 2 minutes)
  • A mall is scheduled to be constructed in the adjacent office tower.
  • One stop to TRX (Tun Razak Exchange) / KL International Financial District
  • Rooftop restaurant with a great view of the Twin Towers, golf course, TRX skyscraper, etc.
  • 5 minutes drive to the prestigious Royal Selangor Golf Club
  • Prince Court Medical Centre: 3 minutes walk to KL No.1 General Hospital

Properties Details

Number of floors - 51 floors

51th floor Penthouse
50th floor Commercial facilities (restaurants)
37-48th floor Serviced Apartments
36th floor Shared Facilities Floor
12-34th floor Shared Facilities Floor
11th floor Shared Facilities Floor
1-10th floor parking lot
Basement parking lot

Room type and price range (after early bird discount)

Type A1 1 Bedroom (2 Bathrooms) 742sqf (約69m²) RM1,665,000~
Type A2 1 Bedroom (1 Bathroom) 904sqf (約84m²) RM2,110,000~
Type B1 1 + 1 Bedroom (2 Bathrooms) 742sqf (約69m²) RM1,770,000~
Type B2 1 + 1 Bedroom (2 Bathrooms) 839sqf (約78m²) RM2,105,000~
Type B3 1 + 1 Bedroom (2 Bathrooms) 979sqf (約91m²) RM2,215,000~
Type C 2 Bedroom (2 Bathrooms) 1,205sqf (約112m²) RM2,730,000~
Type D 2 + 1 Bedroom (2 Bathrooms) 1,334sqf (約124m²) RM3,000,000~

(Note) Above prices are subject to change depending on sales trends and exchange rates. Prices usually increase as construction progresses.

Features

  • Ceiling height of approximately 3.3 meters
  • All rooms have balconies
  • Luxury wood flooring
  • Stylish kitchen cabinets with built-in appliances

Interior.

Air conditioner, kitchen cabinets, refrigerator, microwave, oven, ceiling fan, washing machine, lighting, and closet are standard. Furniture (beds, sofas, appliances) is at the expense of the customer.

Early Bird Specials

  • Early bird discount (contact us for details)
  • Developer's share of legal fees for purchase agreement (approx. 1% of price)
  • Developer pays for foreign state acquisition agreement application fees

Excellent Facilities and Services

Facilities

  1. Heated swimming pools (11th and 36th floors)
  2. Fitness center
  3. Jacuzzi & Sauna
  4. Multi-purpose hall, meeting rooms, billiards (11th floor)
  5. Pool deck, bar, children's pool (36th floor)
  6. Sky Dining (rooftop restaurant)

Concierge service (24 hours)

  1. Car rental and tour arrangements
  2. Cleaning, repairs, food delivery

Floor Plans and Views for each type

A1) 1 bed (69m², 2 bath) facing northeast

Floor Plan (click to enlarge)

NORTHEAST

A2) 1 bed (84m²、1 bath) corner room

Floor Plan (Click to enlarge)

NORTHEAST

SOUTHEAST

B1) 1 + 1 bed (69m², 2 bath) facing southwest

Floor Plan (Click to enlarge)

SOUTHWEST

B2) 1+1 Bedroom (78m², 2 bathrooms) facing northeast or southwest

Floor Plan (Click to enlarge)

NORTHEAST

SOUTHWEST

B3) 1 + 1 bed (91m², 2 bath) facing northwest or southeast

Floor Plan (Click to enlarge)

NORTHWEST

SOUTHEAST

C) 2 bed (112m², 2 bath) corner room

Floor Plan (Click to enlarge)

SOUTHEAST

NORTHWEST

D) 2 + 1 bed (124m², 2 bath) facing northwest or southeast

Floor Plan (Click to enlarge)

NORTHWEST

SOUTHEAST

Showroom Photos

1 bed、69m²

2 + 1 bed、124m²

Comparison with competing properties, estimated rent

Property Name

Property Name 8 Conlay Pavilion Suites
Developer's Organisation Mitsui/E&O KSK Land Pavilion Group
Completion Year 2023 2020 2019
Total Units 511 1,062 383
Land Title Freehold Freehold Freehold
Size (m²) 68m²~ 70.3m²~ 65.4m²~
Average Price Per Sqft RM1,766 RM2,850 RM2,944
Distance from Pavillion 10 mins by walking 4 mins by walking 1 min by walking
Nearest Station 2 mis by walking 7mins by walking 3 mins by walking

Estimated Rent

Type
No. of units
sqft
Estimated Rent
1 Bedroom
Type A
3 68 732 RM4,500~5,000
Type A1
40 69 743 RM5,000~5,500
Type A2
40 84 904 RM5,500~6,500
1+1 Bedroom
Type B
3 68 732 RM5,500~6,500
Type B1
40 69 743 RM5,500~6,500
Type B2
40 78 840 RM6,000~7,000
Type B3
40 91 980 RM6,500~7,000
Type B4
4 99 1,066 RM6,500~7,000
Type B5
2 104 1,109 RM6,500~7,000
2 Bedrooms
Type C
40 112 1,206 RM7,500~8,500
2+1 Bedrooms
Type D
39 124 1,335 RM8,000~9,000
Type D1
4 129 1,389 RM8,000~9,000
Type D2
2 133 1,432 RM8,000~9,000

※The estimated rent is based on the current rental market. Please note that the rent may change in the future due to various conditions.

Reasons for our recommendation

1. Location as one of the most prestigious residential areas in the city center. Adjacent to the new train station.

  • Top-class residential area in the heart of KL where there are many embassies and luxury condominium.
  • 2-minute walk to "CONLAY" MRT station on the newly built MRT line 2.
  • A shopping mall will be built above "CONLAY" MRT station.
  • 10 minutes walk to Pavilion Mall and 15 minutes walk to Petronas Twin Towers.
  • 3 minutes walk to Prince Court Medical Centre.

2. Expected to increase in value through long-term ownership

  • safe in the knowledge that the development company is a joint venture between a major real estate developer and the Mitsui Fudosan Group.
    Both companies have already developed condominiums in KLCC (all units have been sold) One stop away from TRX (Tun Razak Exchange KL International Financial Zone) on MRT Line 2.
  • It is expected to have rental demand from upper management and young employees in the financial industry, as well as from hospital staffs in the adjacent area.

3. Suitable for investment and residential use (as a villa)

  • Good rooms available for sale in Japan from November 2019 at a discount price (Delete, unrelated to outside Japan)
  • 15% foreign exchange advantage compared to 3 years ago due to the depreciation of the Malaysian Ringgit.
  • Using world-renowned architects, the property is expected to be of the highest quality in Malaysia.
  • Convenient as a vacation home with concierge service.

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