One Cochrane Residence @ TRX​ MIPE Walkability

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Connecting To A World-Class City

Walk Score

One Cochrane Residence @ TRX has the walkability score of 86 out of 100 while Sunway Velocity TWO has 88 score out of 100 which both have not much different.

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One Cochrane Residence @ TRX

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Property Profile

Dwell in a serene sanctuary amid the excitement of the city. At One Cochrane Residences, you’re connected to everything the city has to offer. From MyTOWN Shopping Centre to IKEA Cheras. It is an incredible location where the MRT Cochrane station is just located 150m away from One Cochrane Residences, TRX is on the next station while Pavilion Bukit Bintang is only 2 stations away. The neighbourhood enjoys the perks of being within a close distance to various commercial components including banks, hotels, parks, schools, private educational centres, medical facilities, golf course and etc. One Cochrane Residences is a Transit Oriented Development by Mutiara Rini Sdn Bhd (subsidiary of Boustead Properties Berhad) and the developer of the award winning township, Mutiara Damansara in Petaling Jaya and Taman Mutiara Rini in Skudai, Johor Baharu.

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Competitor Analysis

Competitor Analysis shows With a built-up between 926 and 1,227 sq ft, One Cochrane Residences will cost approximately RM950 per sq ft with unit prices starting from RM880,000. The entire development is primed as low-density residences made up of 448 units and only 5 to 7 units per floor spread across two 37 storey tower blocks. There will be 4 lifts serving each floor (excluding one dedicated service lift). Although the price PSF is slightly higher, the project does boast a freehold residential title. This feature is an added plus as most of the newly launched residential projects now invoke commercial titles due to land scarcity in Kuala Lumpur.This freehold status renders into lower utilities, quit rent and assessment rates. Most pertinently, residents will enjoy lower maintenance fees too. Moreover, the neighbourhood enjoys the perks of being a close distance to various commercial components including banks, malls, schools, medical facilities, highways amongst others.

There have not been many new residential projects in the area to compare with, but the closest would be the first phase of Sunway Velocity TWO’s residential tower of 436 units, expected completion in 2022. It is a leasehold property with a built-up of 635-1,281 sq ft with a median sales price of RM570,000. Comparatively, Sunway Velocity TWO would be a cheaper option, however, the land title is commercial which may translate into higher utilities, quit rent and assessment rates as well as a higher density of 53 storeys. The commercial land title tenure is 95 years.

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Price Comparison

Average transaction price in psf for two bedroom units at One Cochrane Residence over the past 5 years.

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Edge Property Median Price – One Cochrane Residence @ TRX

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