Ceylonz Suites is strategically situated in the Bukit Ceylon area, close to major attractions, business centers, dining options, and entertainment venues, making it ideal for both residents and visitors.

The development features a range of unit types, including studio apartments and one-bedroom suites.

Units typically range in size from approximately 384 sq ft to 578 sq ft, catering to various lifestyle needs.

Ceylonz Suites offers a variety of amenities designed for modern living, including a rooftop infinity pool, fitness center, landscaped gardens, and communal spaces for socializing and relaxation.

These facilities enhance the overall living experience for residents.

Sub-Sale Market Analysis

1. Transaction Prices

Ceylonz Suites was launched in 2016 with an average price of RM1,500 per square foot[1].

Recent transaction prices show some variation:

Studio units (384-411 sq ft) are selling for RM400,000 to RM600,000, or approximately RM1,040 to RM1,560 per square foot[10][13].
Larger units (around 1,000 sq ft) have sold for around RM800,000[10].

The price range appears to be RM937 to RM1,773 per square foot based on recent listings[4].

2. Rental Prices

Rental prices for Ceylonz Suites units range from:

RM1,300 to RM2,000 per month for studio units (384-411 sq ft)[10]
Approximately RM1,700 to RM1,900 per month for slightly larger units (around 450 sq ft)[11]

This translates to about RM3.38 to RM4.87 per square foot per month in rental rates.

3. Rental Yield

Based on the transaction and rental price data, the estimated gross rental yield for Ceylonz Suites is around 3.44% to 4.52%[4].

This is a moderate yield for Kuala Lumpur city center properties.

4. Market Analysis

Price Stability: Transaction prices seem to have remained relatively stable since launch, with some units potentially selling below initial prices. This could indicate a balanced or slightly oversupplied market.
Rental Demand: The consistent rental rates suggest there is steady demand for short-term stays and rentals in this area, likely due to its central location near KLCC.
Investment Potential: With rental yields around 3.5-4.5%, Ceylonz Suites offers moderate returns for investors, in line with other properties in the area.
Market Position: Ceylonz Suites is positioned as a mid-range option in the Bukit Ceylon area, offering smaller units at a more accessible price point compared to some luxury developments nearby.
Competitive Landscape: The property faces competition from other serviced residences and short-term rental options in the area, which may impact both sale prices and rental rates.

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