DONE DEAL: Unit at Soho Suites KLCC, Kuala Lumpur

Rented for: RM3,400 per month (RM5.24 psf)

Concluded by: Eugene Pang (REN 30525) (016-2724228) of MIP Properties Sdn Bhd

When: September 2019

Noteworthy:
● Built-up: 649 sq ft
● 2 bedrooms and 1 bathroom
● Freehold
● Fully furnished with brand new furniture
● Mid floor unit
● Nearby amenities: GO KL bus stops, Monorail Raja Chulan station, LRT KLCC station, KLCC shopping centre and park, Pavilion Kuala Lumpur
● Facilities: Health fitness centre, swimming pool, poolside cabana with sofa bed, timber pool deck with sun loungers, sauna and steam room, bar, café, convenience stores

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Soho Suites KLCC is strategically located between Menara Bank Islam and Wisma Hong Leong, within the heart of Kuala Lumpur Golden Triangle. Completed in 2013, the freehold serviced residence was developed by Jadepot Development Sdn Bhd, a subsidiary of Monoland Corp.

The 45-storey development comprises five zones in one block, with separate lifts for offices and residences. The project enjoys proximity to shopping malls, restaurants, banks, schools, hospitals, hotels and entertainment spots.

It is 850m away from KLCC Park and 600m away from Pavilion Kuala Lumpur. There is also easy access to public transportation such as monorail, LRT and the free GO KL bus lines.

Eugene Pang, the negotiator from MIP Properties who closed the deal for the small office home office (SoHo) unit, said the tenant signed a one-year rental agreement.

“He was taken by the brand new furniture provided in the fully-furnished unit and hence did not mind paying the slightly above market rental rate,” said Pang.

According to EdgeProp.my’s listings as at Jan 7, the average asking rent for units at Soho Suites KLCC was RM3,078 or RM4.25 psf based on 77 listings. There were also 98 sale listings.

The average asking price was RM698,863 average or RM1,023 psf.

There were seven sales in 2019 with the average price at RM783,254 or RM1,058 psf while 24 units changed hands in 2018 with the average price at RM923,083 or RM1,246 psf.

Interested to buy a unit in Soho Suites KLCC ​?  Or click here for more property listings in KLCC. Click here to know more about Eugene Pang and potential good deals.