Lucentia Residences BBCC is a premium residential development located in the heart of Kuala Lumpur, within the vibrant Bukit Bintang City Centre (BBCC) precinct.

This architectural masterpiece combines modern design with luxurious living, offering residents an unparalleled urban lifestyle.

With its strategic location, extensive amenities, and exceptional investment potential, Lucentia Residences is ideal for both homebuyers and investors looking for a transformative living experience.

Sub-sale Market Analysis

1. Transaction Prices

The sub-sale market for Lucentia Residences BBCC shows a range of prices depending on unit size:

Studio units (454 sq ft): RM818,000 – RM930,000 (RM1,800 – RM2,048 psf)[14][16]
1-bedroom units (554 sq ft): RM980,000 – RM1,100,000 (RM1,770 – RM1,986 psf)[16]
1+1 bedroom units (654 sq ft): RM1,200,000 – RM1,250,000 (RM1,834 – RM1,911 psf)[14][16]
2-bedroom units (859 sq ft): RM1,400,000 – RM1,750,000 (RM1,630 – RM2,037 psf)[14][16]

The median price per square foot ranges from RM1,400 psf for 2-bedroom units to RM1,900 psf for 1-bedroom units[16].

2. Rental Prices

Monthly rental rates for Lucentia Residences units are as follows:

Studio units (454 sq ft): RM3,200 – RM3,600 (RM7.05 – RM7.93 psf)[16]
1-bedroom units (545-554 sq ft): RM3,500 – RM3,600 (RM6.42 – RM6.61 psf)[16]
1+1 bedroom units (654 sq ft): RM4,000 (RM6.12 psf)[16]
2-bedroom units (859 sq ft): RM4,500 – RM5,200 (RM5.24 – RM6.05 psf)[16]

Lucentia Residences BBCC 21 Lucentia Residences BBCC 20 Lucentia Residences BBCC 19 Lucentia Residences BBCC 18 Lucentia Residences BBCC 17 Lucentia Residences BBCC 16 Lucentia Residences BBCC 15 Lucentia Residences BBCC 14 Lucentia Residences BBCC 13 Lucentia Residences BBCC 12 Lucentia Residences BBCC 11 Lucentia Residences BBCC 10 Lucentia Residences BBCC 9 Lucentia Residences BBCC 8 Lucentia Residences BBCC 7 Lucentia Residences BBCC 6 Lucentia Residences BBCC 5 Lucentia Residences BBCC 4 Lucentia Residences BBCC 3 Lucentia Residences BBCC 2

3. Rental Yield

The current rental yield for Lucentia Residences is approximately 4.32%, which has increased from 4.07% a year ago[16].

The highest recorded rental yield was 4.8% in Q3 2023, while the lowest was 3.38% in Q1 2023[16].

4. Market Trends

Price Appreciation: The sub-sale prices indicate appreciation since the project’s launch, which had an initial price of around RM1,650 psf[16].
Unit Demand: 2-bedroom units (859 sq ft) appear to be the most popular, with the highest number of recent transactions[16].
Rental Market: Smaller units tend to command higher per-square-foot rental rates, with studios and 1-bedroom units achieving the highest psf rentals[16].
Yield Improvement: The increasing rental yield suggests growing demand in the rental market, potentially making it an attractive investment option[16].
Price Range: The wide price range (RM818,000 to RM1,750,000) caters to different market segments, from young professionals to more established buyers[14][16].

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