RM1.828m (RM1,252.91 psf)
Menara 1 @ KL Eco City, Kuala Lumpur office sold for RM1.828m | DONE DEAL
(REN 24216) 0129883280
Twin Palms, Selangor bungalow sold for RM2.8m | DONE DEAL
Bandar Kinrara 8, Selangor semi-detached house sold for RM2.4m | DONE DEAL
Agile Mont Kiara, Kuala Lumpur condominium sold for RM3.3m | DONE DEAL
According to Ernest Ong (REN 24216) (012-988 3280) of City Crest Realtors, the buyer cited the unit’s high returns as the key attraction, highlighting a gross yield of 6.9% secured until the end of 2027. The transaction was viewed as a good deal as the buyer acquired a fully renovated unit amid an upward trend in rental yields at KL Eco City. The previous owner decided to sell in order to capitalise on the unit’s appreciated value, noting that it had maintained strong tenancy, positioning it as an attractive investment property.
Based on EdgeProp EPIQ’s average transacted price data, commercial values within Menara 1 @ KL Eco City and its 0.5km radius reached RM4.5 million in 2024, equivalent to RM952 psf, compared with RM875 psf previously in 2023.
As of end-December, based on *two sale listings on EdgeProp at Menara 1 @ KL Eco City, the average asking price was RM1,340,000 or RM1,131.70 psf, based on built-ups of 1,035 and 1,370 sq ft. Based on *12 rental listings, the average monthly rate was RM25,107.50 or RM6 psf based on built-ups of 1,035 to 7,986 sq ft.
*This number does not represent unique listings
Unlock Malaysia’s shifting industrial map. Track where new housing is emerging as talents converge around I4.0 industrial parks across Peninsular Malaysia. Download the Industrial Special Report now.
