The 231 TR Service Suites is a prestigious residential development located in the heart of Kuala Lumpur’s vibrant city center.

This upscale service suite offers a blend of contemporary design, luxury amenities, and a prime location, catering to individuals seeking an elevated urban living experience. Situated within walking distance to major shopping malls, entertainment hubs, and transportation links, the 231 TR Service Suites is perfectly positioned for both convenience and connectivity.

This development is designed with discerning residents in mind, offering a range of spacious units that cater to different lifestyle needs.

Features

Prime Location: Nestled in KL City Centre, the 231 TR Service Suites offers unparalleled access to Kuala Lumpur’s best shopping, dining, and entertainment options, including Pavilion KL and Lot 10. Its strategic location ensures easy connectivity with major transportation hubs such as the Bukit Bintang monorail station and Dang Wangi LRT station.
Sophisticated Design: The architecture of the 231 TR Service Suites exudes modern elegance with its sleek lines and high-quality materials. The development’s aesthetic appeal is matched by its functional design, ensuring residents enjoy both style and practicality.
Diverse Unit Options: Offering a variety of layouts, from studio apartments to 3-bedroom suites, each unit is thoughtfully designed to maximize space and natural light. Open-concept floor plans create a seamless flow, enhancing the living experience.
Luxury Amenities: Residents can indulge in an array of exclusive facilities, including an expansive swimming pool with sun deck and cabanas, a state-of-the-art fitness center, and a multipurpose function room ideal for social events or private gatherings.
High-Quality Finishes: Each unit features premium finishes and modern appliances. Kitchens are equipped with contemporary cabinetry and top-tier appliances, while bathrooms boast elegant fixtures for added luxury.
Tech-Ready Living: High-speed internet connectivity and smart home features integrate modern technology into everyday life, providing residents with convenience and efficiency.
Vibrant Community: The 231 TR Service Suites fosters a sense of community with shared spaces designed to encourage social interaction. Communal lounges and recreational facilities inspire a vibrant lifestyle among residents.
Investment Potential: With its strategic location and luxury offerings, the 231 TR Service Suites presents an attractive investment opportunity. The potential for capital appreciation and rental yields makes it a compelling choice for investors looking to capitalize on Kuala Lumpur’s dynamic real estate market.

Sub-sale Market Analysis

1. Transaction Prices

The transaction prices for units at 231 TR Service Suites can vary significantly, influenced by factors such as unit size, view, floor level, and market conditions at the time of sale.

Price per Square Foot: The average transaction price typically ranges from RM 850 to RM 1,000 per square foot. This reflects the premium associated with properties in central Kuala Lumpur, along with the high demand for well-located service suites.
Historical Transactions: From the data provided by platforms like Brickz, we see that smaller units (e.g., one-bedroom or studio apartments) have been transacted at prices starting from RM 450,000, while larger units (two to three bedrooms) have fetched prices upwards of RM 900,000 to over RM 1 million.

2. Rental Prices

Rental prices at 231 TR Service Suites appeal to both locals and expatriates due to its strategic location and comprehensive facilities.

Rental Range: The monthly rental prices for these units range from approximately RM 2,500 for smaller units to around RM 5,500 for larger or more premium units. This range caters to various tenant needs and preferences, from individuals to small families.
Rental Yield: Investors can expect a rental yield in the vicinity of 4% to 5%, which is considered attractive for properties in such a central location.

3. Market Demand and Investment Potential

Several factors contribute to the continued demand and investment potential of 231 TR Service Suites:

Location: Its proximity to major shopping centers, business districts, and entertainment options makes it highly desirable.Subsale prices typically range from RM 450,000 to RM1,000,000
Monthly rental prices typically range from RM 2,500 to RM5,500
Amenities: Residents enjoy access to top-notch facilities such as a swimming pool, fitness center, and lounge areas that enhance their living experience.
Transport Links: Convenient access to public transportation, including monorail and LRT stations, enhances its appeal to both residents and investors.