A penthouse that comes with its own sky garden with panoramic city views and a swimming pool —that would probably fit the description of luxury high-rise living.
TheEdgeProperty.com did a quick search and found that it is not difficult to find a penthouse on the secondary market that offers nice views but it is definitely tough to find penthouses that have private swimming pools.
Nevertheless, we found them and picked seven high-rise residential projects in Kuala Lumpur that offer penthouses, each with its private pool. The price may not matter to those who can afford them, but really, how much do they cost?
Let’s take a look at TheEdgeProperty.com’s listings — accurate as at Aug 15, 2016):
1. Seringin Residences, Kuchai Lama
Indicative price psf: RM560
Indicative rental psf: RM1.75
Indicative rental yield: 3.7%
Location: Kuchai Lama
Unit built-up sizes: 6,503 sq ft to 6,760 sq ft
Average asking price: RM4.67 million for 6,503 sq ft units
Description: Developed by See Hoy Chan Sdn Bhd Group, Seringin Residences comprises 543 units housed in two towers of 24 storeys each. At the podium of the towers is an array of facilities, ranging from a 50m pool and lifestyle pavilions to a convenience shop, playground and floating gym.
2. Ken Bangsar, Bangsar
Indicative price psf: RM1,150
Indicative rental psf: RM4.43
Indicative rental yield: 4.77%
Location: Bukit Bandaraya, Bangsar
Unit built-up sizes: 6,600 sq ft to 8,500 sq ft
Average asking price: RM9.35 million for 8,500 sq ft units
Description: Ken Bangsar is a low-density, high-end condominium with only 80 units in a single tower. The project won the FIABCI Malaysia Property Award in the Sustainable Development category in 2011. Facilities include a clubhouse, swimming pool, Jacuzzi, hall, gym and concierge service.
3. Dua Residency, KLCC
Indicative price psf: RM812
Indicative rental psf: RM3.58
Indicative rental yield: 5.29%
Location: Jalan Tun Razak
Unit built-up size: 5,472 sq ft
Average asking price: RM4.5 million for 5,472 sq ft units
Description: The project comprises a pair of 20-storey towers offering 288 residential units. The luxury condominium was completed in April 2007. Some facilities available in the development are an Olympic-size swimming pool, library, gym and playroom.
4. The Troika, KLCC
Indicative price psf: RM1,368
Indicative rental psf: RM5.03
Indicative rental yield: 4.42%
Location: At the intersection of Persiaran KLCC and Jalan Binjai
Unit built-up sizes: 5,443 sq ft to 21,688 sq ft
Average asking price: RM19 million for 7,430 sq ft units
Description: Developed by BRDB Developments Sdn Bhd, The Troika is one of the most expensive projects in the KLCC area. It comprises three residential towers of 38, 44 and 55 storeys, and features 154 luxurious condos, eight penthouses that go up to three storeys, 57 SOHO units, retail outlets, boutique offices and restaurants.
5. Sastra U-Thant, Ampang Hilir
Indicative price psf: RM1,223
Indicative rental psf: RM4.10
Indicative rental yield: 4.03%
Location: Along Embassy row at Taman U-Thant
Unit built-up sizes: 5,500 sq ft to 6,070 sq ft
Average asking price: RM6.6 million for 6,017 sq ft units
Description: Sastra U-Thant was completed and handed over by mid-2013. It is a high-end, low-density project jointly developed by CapitaLand and Juta Asia Corp. It has only 126 units and the minimum built-up is 1,744 sq ft. Besides a full range of facilities available in the project, amenities nearby are a school, supermarket, retail and hospital.
6. St Mary Residences, KLCC
Indicative price psf: RM1,380
Indicative rental psf: RM4.85
Indicative rental yield: 4.22%
Location: Jalan Tengah, Kuala Lumpur
Unit built-up sizes: 4,130 sq ft to 6,769 sq ft
Average asking price: RM10 million for 6,769 sq ft units
Description: St Mary Residences is a high-end condominium made up of three blocks with a total of 457 units. At the heart of it is the 1.2-acre central park, a fully-turfed urban sanctuary with a manicured lawn flowing right to the edge of the swimming pool, gym, fitness centre, children’s playground and function room.
7. Seni Mont’Kiara, Mont’Kiara
Indicative price psf: RM769
Indicative rental psf: RM3.56
Indicative rental yield: 5.56%
Location: Changkat Duta Kiara
Unit built-up size: 8,902 sq ft
Average asking price: RM8.2 million for 8,902 sq ft units
Description: Developed by Amatir Resource Sdn Bhd, Seni Mont’Kiara is a luxury condominium that has two 40-storey towers and two 12-storey low-rise blocks that house 605 units in total. Every unit is semi-furnished and comes with a private lift lobby.
This story first appeared in TheEdgeProperty.com pullout on Sept 2, 2016, which comes with The Edge Financial Daily every Friday. Download TheEdgeProperty.com pullout here for free.
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