Sold for: RM1.3 million (RM1,245psf)
When: May 2020
● 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.
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.
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.
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.
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