DONE DEAL: Quadro Residences, KLCC

Sold for: RM2.27 million (RM1,257 psf)

Concluded by: Braxton Lim of City Crest Realtors (012-6358348)

When: February 2016

Noteworthy:
• Freehold
• 1,804 sq ft
• Partly furnished with built-in wardrobe and kitchen cabinets
• Developed by Monoland Corp Sdn Bhd
• 36 storeys
• 245 units in total
• Maintenance fee of 30 sen psf
• Each unit comes with a private lift lobby

According to the negotiator, Braxton Lim of City Crest Realtors, the unit was bought by an expatriate for their own use. However, the owner is also looking at renting out the unit in the future.

“A fully furnished unit in Quadro will fetch rental of about RM8,000-RM9,000, so the owner is looking at the prospect of rental yield as well in the future,” Lim noted.

According to data from TheEdgeProperty.com, the latest Quadro Residences transaction was done at RM2.2 million or RM1,142 psf in 3Q2014 with a built-up of 1,927 sq ft.

TheEdgeProperty.com’s current listings show that the latest asking price of Quadro Residences is RM1,391 psf.

The available listings in TheEdgeProperty.com show that the average asking monthly rent in Quadro Residences is RM9,357 or RM4.90 psf with an indicative asking rental yield of 5.7%.

Check out more apartments available for purchase at Quadro Residences.

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