Solaris Dutamas

Rented for: RM4,500 (RM6.04 psf)

Concluded by: Chong Teck Seng (REN 05043) of MIP Properties (012-873 1283)

When: May 2016

Noteworthy:
• Freehold
• 745 sq ft
• 1 bedroom and 1 bathroom
• On a low floor
• Swimming pool and gym

Solaris Dutamas is a freehold integrated development that comprises serviced suites, shopoffices and the Publika mall. Developed by UEM Sunrise Bhd, the project was launched in April 2005 and completed around the end of 2009.

Located in Dutamas, next to Mont’Kiara, it is surrounded by several well-known developments such as Kenny Heights, Duta Tropica, Duta Nusantara, Kiara Ville, and is also close to the Federal Territory Mosque, MITI HQ, Istana Negara and several government offices.

Solaris Dutamas is accessible via Jalan Duta, which connects it to other major highways and roads such as the Duta-Ulu Klang Expressway and Jalan Kuching. It is a 10km drive to the Kuala Lumpur city centre via Jalan Tun Razak.

According to MIP Properties real estate senior negotiator Chong Teck Seng, who closed the deal, a Japanese tenant rented the unit in May for RM4,500 per month.

“The owner just bought this unit recently and spent a lot of effort to furnish it well, so the rental is higher than the current market rate,” he told TheEdgeProperty.com.

Generally, the rental of serviced suites in Solaris Dutamas ranges from RM3,200 to RM3,500 per month, he added.

“The Japanese tenant is working here. Before he confirmed the deal, we also showed him other similar units at a lower price, but he chose this unit eventually, which is located at a low floor without great views,” Chong said.

This shows that not all tenants are looking for low rental price — as long as the landlord is willing to furnish up their properties nicely or simply displaying crockery on the dining table, artificial green plants around the house, cover the mattress with bedsheets and so on, the rental price achieved can be more than the average, Chong explained.

According to data from TheEdgeProperty.com, indicative rents for Solaris Dutamas serviced suites are from RM2.83 to RM5.26 psf per month. The average rent stands at RM3.98 psf per month, while the indicative rental yield is 4.2%

 Interested to rent properties in Solaris? Click here. 

Editor: To real estate agents — Have you just concluded an interesting deal? We would love to hear from you! Contact us at [email protected]

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