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St Mary Residences is a freehold luxury serviced apartment on Jalan Tengah, Kuala Lumpur City Centre, jointly developed by E&O Property Development and Lion Group.
There are three 28-floor blocks (of which one block is the E&O Hotel) in the development which consists of 440 units. Built-up sizes range from 1,131 sq ft to 6,769 sq ft.
Ethan See of IQI Realty Sdn Bhd said the buyer, who was looking for investment properties, was satisfied with the deal as the seller was open for negotiation to let go of this unit.
The buyer also liked this fully-furnished unit for the beautiful interior design, he said.
“We were able to secure a buyer for this unit in less than three weeks after it was listed. The buyer found us through our YouTube channel,” he added.
According to EdgeProp Research’s data, seven units in St Mary Residences were transacted in 2019, with an average price of RM1.185 million or RM1,072 psf. There was no transaction made in 2020.
Meanwhile, as at end-December 2020, there were 72 units in St Mary Residences listed for sale on EdgeProp.my’s property portal, with an average asking price of RM2.14 million or RM1,295 psf. At the same time, 56 units were looking for tenants with an average asking rent of RM6,875 or RM4.14 psf.
Interested to buy unit in St Mary Residences? Or click here for more property listings in Kuala Lumpur City Centre. Click here to know more about Ethan See and potential good deals.
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