Challenging times for KLCC condo market
For most new homebuyers, properties in Kuala Lumpur City Centre (KLCC) are probably “obnoxiously overpriced” or simply “not for ordinary people”.
For most new homebuyers, properties in Kuala Lumpur City Centre (KLCC) are probably “obnoxiously overpriced” or simply “not for ordinary people”.
PETALING JAYA (May 22): Kuala Lumpur City Centre or KLCC is known as the country’s most expensive address, with current average price psf hovering above RM1,000 psf.
• Today we look at price growth and indicative asking rental yields for non-landed residences in the KLCC area.
• Based on transactions analysed by theedgeproperty.
• The prices of condominiums in the KLCC area reflect the prestige of living in the heart of the city.
• This week, the prime Kuala Lumpur City Centre (KLCC) area takes centre stage.
KUALA LUMPUR (April 16): Petroliam Nasional Bhd's (Petronas) real estate investment trust may add two multi-billion ringgit prime land assets here into its porfolio.