Revo @ Aurora Place

  • Current listings show that a 384 sqft SOHO unit is priced at RM 1,010.41 psf
  • Currently rented at approximately RM 1,650 per month

Revo @ Aurora Place, Bukit Jalil, is a freehold Small Office Versatile Office (SOVO) project developed by MBM Land, situated within the 60-acre Bukit Jalil City.

The project is strategically located atop Aurora Place and is a minute’s walk from Pavilion Bukit Jalil shopping mall, offering excellent connectivity and amenities.

Subsale Market Analysis:

  • Transaction Price:
    • The median residential price in WP Kuala Lumpur stands at RM 560,000, indicating a healthy and growing market[3].
    • The project’s initial pricing was competitive, with Aurora SOVOs marketed at 600-1300 sqft, priced at 750-800 psf, and the leftover 46 units sold by the developer between RM 780-840 psf[4].
    • Current listings show that a 384 sqft SOHO unit is priced at RM 1,010.41 psf, indicating a strong demand and price appreciation[1].
  • Rental Price:
    • The rental market in Kuala Lumpur is dynamic, with high demand for flexible living arrangements, particularly appealing to expatriates, students, and professionals[3].
    • A unit at REVO, Aurora Place, Bukit Jalil City, is rented at approximately RM 1,650 per month, translating to a rental PSF of about RM 4.30 (based on a 384 sqft unit)[5].

Key Points:

  • Strategic Location:
    • The project is well-connected, served by multiple bus routes and the MRT and LRT lines, ensuring efficient and hassle-free daily commutes[3].
    • It is close to the 80-acre Bukit Jalil green lung and only 1km away from the Awan Besar LRT station[4].
  • Investment Potential:
    • The steady rise in property values in Kuala Lumpur, driven by urban development and economic growth, underscores the investment potential of projects like Revo @ Aurora Place[3].
    • Government initiatives promoting affordable housing and sustainable urban development are likely to sustain the positive trend in the property market[3].
  • Facilities:
    • The project offers a sky pool and lifestyle gym, with more than 2,500 car park bays at Aurora Place[4].

Revo @ Aurora Place 1 Revo @ Aurora Place 2 Revo @ Aurora Place 3 Revo @ Aurora Place 4 Revo @ Aurora Place 5 Revo @ Aurora Place

Sources:

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Last updated on: January 8, 2025

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