KL Eco City, Kuala Lumpur office sold for RM1.19m | DONE DEAL

The Troika, Kuala Lumpur condominium unit rented for RM8,000 | DONE DEAL

Bangsar Baru, Kuala Lumpur terrace house sold for RM1.85m | DONE DEAL

According to Ernest Ong  (REN 24216) (012-988 3280) of Zeon Properties International Sdn Bhd, the buyer was seeking for a commercial property investment with a minimum target of 5.5% ROI and was attracted by the unit’s existing tenancy agreement, which offered a competitive 6% rental yield for the next two years. The unit also stood out because of its well-maintained condition, which reinforced the buyer’s perception of long-term investment potential. The property was on the market for approximately three years before being transacted. The previous owner decided to sell the unit as part of a strategy to reduce property in his investment portfolio.

A transaction dated Jan 24, 2025 saw an office lot at KL Eco City, Jalan Bangsar, with a built-up size of 1,033 sq ft, sold at RM1.13 million, reflecting a price of RM1,093.90 psf (source: EdgeProp EPIQ).

As of late-June, based on *99 sale listings on EdgeProp for office units at KL Eco City, the average asking price was RM32,420,692 or RM1,404.33 psf, based on built-up sizes ranging from 1,035 to 18,690 sq ft. Based on *100 rental listings, the average asking monthly rate was RM33,473 or RM8.94 psf, based on built-up sizes ranging from 1,035 to 18,690 sq ft.

*This number does not represent unique listings

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