Binjai Residency is a premier luxury condominium located in the heart of Kuala Lumpur’s prestigious KLCC district.

This iconic development, completed in 2013, offers residents an unparalleled urban living experience with its prime location, architectural elegance, and world-class amenities.

Situated just a short distance from the Petronas Twin Towers and other major attractions, Binjai Residency provides the perfect blend of convenience, luxury, and exclusivity.

Sub-sale Market Analysis

1. Transaction Prices:

- Median Price: The median transacted price for Binjai Residency is RM 1,800,000, with a median price per square foot (psf) of RM 815.73[1].
- Price Range: The transaction prices range from RM 1,600,000 to RM 6,200,000, with prices per square foot ranging from RM 725.10 to RM 839.65[1].
- Specific Transactions:
  - August 2023: A service residence with a built-up area of 2,206.60 sq.ft was sold for RM 1,800,000, at RM 816 psf[1].
  - February 2024: A larger service residence with a built-up area of 7,384.04 sq.ft was sold for RM 6,200,000, at RM 840 psf[1].
  - March 2024: A service residence with a built-up area of 2,206.60 sq.ft was sold for RM 1,600,000, at RM 725 psf[1].

2. Rental Prices:

- Rental Listings:
  - 2023 and 2024: Rental prices for condominiums in Binjai Residency range from RM 5,800 to RM 8,000 per month for units with built-up areas of 2,096 sq.ft to 2,300 sq.ft[2][3].
  - Specific Listings:
    - December 2024: A condominium with a built-up area of 2,208 sq.ft was rented for RM 8,000 per month[2].
    - November 2024: A condominium with a built-up area of 2,208 sq.ft was rented for RM 7,500 per month[2].
    - October 2024: A condominium with a built-up area of 2,335 sq.ft was rented for RM 6,900 per month[2].

Summary:

Transaction Prices in 2023: The median transacted price was RM 1,800,000, with a median price per square foot of RM 815.73.
Rental Prices in 2023 and 2024: Rental prices ranged from RM 5,800 to RM 8,000 per month for units with built-up areas of 2,096 sq.ft to 2,300 sq.ft.

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