DONE DEAL: Condominium at The Sentral Residences, KL Sentral, Kuala Lumpur

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Located in KL Sentral, Kuala Lumpur, The Sentral Residences is a 55-storey twin-tower residential development that consists of 752 condominium units.

IQI Realty Sdn Bhd real estate agent Swiss Tan said a typical 1,033 sq ft unit in The Sentral Residences could be easily worth RM1.3 million and more. However, she managed to help a buyer conclude the deal at RM1.25 million.

“Most of the units in The Sentral Residences would have cost RM1.3 million to RM1.4 million when it was first launched. This deal was a steal because it was a higher floor unit, as well as renovated and fully furnished, and it was only selling at RM1.25 million,” Tan noted.

The seller was letting go of the unit as he planned to move overseas, she said, adding that the buyer liked the unit for its tastefully done renovation and ready move-in condition.

According to EdgeProp Research, 27 units of The Sentral Residences exchanged hands in 2019 at an average transacted price of RM2.69 million or RM1,776 psf, while four transactions were recorded in 2020 at an average of RM1.44 million or RM1,169 psf.

As at mid-August 2021, 100 units of The Sentral Residences were listed for rent on EdgeProp.my with an average asking monthly rental of RM5,827 or RM3.85 psf. Meanwhile, 151 units were looking for buyers at an average asking price of RM1.87 million or RM1,167 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 Swiss Tan 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.

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