Citizen 2 Old Klang Road

Prime Location: Situated on Old Klang Road, Citizen 2 offers easy access to major highways, business districts, and popular shopping areas like Mid Valley Megamall and The Gardens, making it an ideal residence for urban living.
Modern Amenities: The development boasts a comprehensive range of facilities, including a well-equipped gymnasium, swimming pool, children’s play area, and landscaped gardens, catering to the varied lifestyle needs of residents.
Spacious and Thoughtful Design: Citizen 2 features a variety of unit layouts, ranging from cozy studios to spacious three-bedroom apartments, all designed with modern finishes and ample living spaces to ensure comfort and functionality.
Security Features: With 24-hour security personnel, CCTV surveillance, and controlled access points, Citizen 2 prioritizes the safety and peace of mind of its residents.
Community-Oriented Environment: The development fosters a sense of community through communal spaces and recreational facilities, encouraging residents to connect and engage with their neighbors.
Investment Potential: The strategic location and amenities make Citizen 2 a promising investment opportunity. With competitive rental yields and ongoing interest in the area, it is appealing to both homeowners and investors.
Access to Public Transport: The proximity to LRT and MRT stations enhances the convenience of commuting, allowing residents to easily navigate the city without relying solely on personal vehicles.
Outdoor Spaces: The beautifully landscaped gardens and walking trails within the development provide residents with tranquil spots to relax and enjoy nature right at their doorstep.

Citizen 2 is a modern residential development located on Old Klang Road, Kuala Lumpur, designed to provide a vibrant and comfortable living experience for residents.

This development seamlessly combines urban convenience with a range of exceptional amenities, making it an ideal choice for individuals and families alike.

Features

Prime Location: Strategically situated on Old Klang Road, Citizen 2 offers easy access to major commercial and business hubs, shopping malls, and essential amenities.
Excellent Connectivity: The development is well-connected to key highways and public transportation options, ensuring seamless travel throughout Kuala Lumpur.
Comprehensive Amenities: Residents can enjoy a well-equipped gymnasium, swimming pool, children’s play area, multipurpose hall, and beautifully landscaped gardens.
Thoughtful Security Features: Citizen 2 prioritizes safety with 24-hour security personnel, CCTV surveillance, and controlled access points for peace of mind.
Spacious Interiors: The development offers a variety of unit types, including studio apartments and larger 3-bedroom units, designed with modern finishes and ample living spaces.
Private Balconies: Many units come with private balconies that provide stunning views and a serene outdoor space for relaxation.
Community-Oriented Environment: Citizen 2 fosters a sense of community through communal gathering spaces, recreational facilities, and opportunities for residents to connect and socialize.

Experience the perfect blend of comfort, convenience, and community at Citizen 2 on Old Klang Road, where modern living meets urban vibrancy.

Sub-Sale Market Analysis

(Last update on 21 Nov 2024)

Citizen 2 is a serviced residence located on Old Klang Road, developed by Binastra Land Sdn. Bhd.

It consists of 837 units across three towers, with the highest at 42 storeys.

The development offers four unit layouts: Type A (725 sf, 2 bedrooms, 2 bathrooms) and Types B1 to B3 (883 sf, 3 bedrooms, 2 bathrooms)[1][4].

1. Transaction Prices

Median Transacted Price: RM 639 per sq. ft. as per recent listings[3].
Price Range: Units are listed for sale between RM 360,000 and RM 675,000, with prices per square foot ranging from RM 56 psf to RM 764 psf[1].
Recent Transactions: 14 residential transactions were recorded from July 2023 to June 2024, with detailed breakdowns available on iProperty.com.my[5].

2. Rental Market

Rental Prices: Units are listed for rent at RM 1,050 per month[1].
Rental Yield: The average rental yield is approximately 4.46%[1].

3. Market Analysis

Capital Growth: Citizen 2 has experienced a capital growth of -0.49%, indicating a slight decline in property value over time[3].
Market Activity: There are 91 listings for sale and 173 listings for rent, indicating a relatively active market[3].
Comparative Analysis: When compared to other properties in the area, such as Residence 8, Tiara Mutiara, and Mutiara Apartment, Citizen 2’s transaction prices and rental yields are competitive, with some properties offering higher yields but at different price points[1].

Sources: