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DONE DEAL: Serviced apartment, The Sentral Residences, KL Sentral, KL

Sold for: RM1.3 million (RM1,245psf)

Concluded by: Carmen Lee (REN 12639) (012-207 3989) of Reapfield Properties (HQ) Sdn Bhd

When: May 2020

Noteworthy:
Freehold
Built-up: 1,033 sq ft
2 bedrooms; 2 bathrooms
Fully furnished
Mid-floor unit
Facilities: Salt water pool, gym, steam bath, sauna, BBQ pits, bar area and sky lounge
Located within the KL Sentral transit hub with easy access to MRT, LRT, KLIA Express and KTM; walking distance to shopping malls, hotels, hospitals, banks and eateries.

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The Sentral Residences a freehold two-tower residential project with a total of 752 units. The unit built-ups range from 1,087 sq ft to 4,327 sq ft.

The Sentral Residences is located within KL Sentral right next to St Regis Hotel Kuala Lumpur. It has unparalleled access to public transportation such as the mass rapid transit (MRT), the light rail transit (LRT), KLIA Express and KTM train. KL Sentral is accessible via Jalan Damansara, Jalan Tun Sambanthan, Jalan Syed Putra and Jalan Istana.

In the KL Sentral vicinity are shopping malls, medical centres, schools, eateries, offices and shops including across the road in Brickfields.

Carmen Lee of Reapfield Properties (HQ) Sdn Bhd who concluded the deal said the sellers decided to cash out their investment in the unit for their next purchase.

Meanwhile, the buyer had been looking for a unit in KL Sentral for some time.

“As the buyer travels a lot, he likes the easy access to KLIA at KL Sentral. The development has a direct air-conditioned walkway to the KL Sentral Transport Hub,” Lee shared.

The buyer also liked that the unit came fully furnished with the interior decor tastefully done. There was also the amazing view from the sky facilities deck of the serviced apartment project.

“He was also confident that the unit could either serve for his own stay or for rental returns as well as for capital appreciation,” she added.

According to EdgeProp.my data, in 2019 The Sentral Residences recorded 19 transactions with the average transacted price at RM2.76 million or RM1,340psf.

As at mid-June 2020, there were 98 sale listings of The Sentral Residences units on the property portal asking for an average RM2.23 million or RM1,294 psf.

Meanwhile, there were 68 units looking for tenants asking for an average monthly rental of RM6,335 or RM3.98 psf.

Interested to buy a unit in The Sentral Residences? Or click here for more property listings in KL Sentral​. Click here to know more about Carmen Lee and potential good deals.

Planning to buy or sell a home? With EdgeProp's FREE transacted price tool, you can check past transaction prices for any property by name or area and make an informed decision.

Looking for properties to buy or rent? With >150,000 exclusive listings, including undervalued properties, from vetted Pro Agents, you can now easily find the right property on Malaysia's leading property portal EdgeProp! You can also get free past transacted data and use our proprietary Edge Reference Price tool, to make an informed purchase.
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