ARIA Luxury Residence

ARIA Luxury Residence KLCC is a freehold luxury condominium located at Jalan Tun Razak, Kuala Lumpur.

Developed by Hap Seng Land, it features 598 units across two 45-storey towers, with unit sizes ranging from 630 sqft to 1,502 sqft.

The project was completed in Q4 2019.

Sub-Sale Market Analysis

1. Transaction Price :

• Market Price Range: The market price for ARIA Luxury Residence units varies significantly based on size and layout.  For example:
  • 1 Bedroom (630 sqft): RM 1,150,000 ~ RM 1,680,888 (approximately RM 1,825 ~ RM 2,670 per sqft)[2][4].
  • 2 Bedrooms (867 sqft): RM 1,570,000 ~ RM 1,939,888 (approximately RM 1,811 ~ RM 2,236 per sqft)[2][4].
  • 3 Bedrooms (1,502 sqft): RM 2,450,000 ~ RM 3,148,888 (approximately RM 1,631 ~ RM 2,094 per sqft)[2][4].
• Price Trends: The prices have been relatively stable, with slight variations depending on the specific unit and floor level. The prices mentioned above are subject to change and may not reflect the current market situation accurately.

2. Rental Price :

• Rental Yield: The rental yield for ARIA Luxury Residence units can be estimated based on the provided rental prices:
  • 1 Bedroom (630 sqft): Rental prices are not explicitly mentioned for this size, but based on larger units, a rough estimate could be around RM 4,000 ~ RM 5,000 per month.
  • 2 Bedrooms (867 sqft): Rental prices can range from RM 5,000 to RM 7,000 per month[3].
  • 3 Bedrooms (1,502 sqft): Rental prices can range from RM 7,500 to RM 9,500 per month[1][3].
• Rental Yield Calculation: Assuming a 2-bedroom unit priced at RM 1,570,000 with a rental of RM 6,000 per month, the annual rental income would be RM 72,000. This translates to a rental yield of approximately 4.6% per annum.