Crescent Court is a 20-storey freehold condominium located on Lengkok Tun Sambanthan in Brickfields, Kuala Lumpur.
It was completed around 2000 and consists of units with built-up areas ranging from 1,550 to 1,625 sq ft.
Crescent Court is a freehold condominium located in Brickfields, Kuala Lumpur. Some notable features include:
- Typically features 3-4 bedroom layouts.
- Amenities include 24-hour security, a car park, and a swimming pool.
The most popular layout is a 4-bedroom unit with approximately 1,600 sq ft, having a median price of RM 430 per sq ft.
The rental yield is reported to be above 5%, which is considered good for a property over 10 years old.
Brickfields’ strategic location as a major access point adds to the property’s value.
Sub-Sale Market Analysis
1. Current Market Prices
- The median transacted price for Crescent Court is around RM430-431 per sq ft over the past year[1][7].
- Recent sale listings range from RM640,000 to RM690,000 for 1,600 sq ft units[7][14].
- This translates to about RM400-430 per sq ft for current asking prices.
2. Price Trends
- Prices have seen moderate appreciation over the past few years. The capital growth rate was reported as 6.73% in one source[1].
- Another source indicated a compound annual growth rate of -1.8% for the broader Brickfields area[13], suggesting some price stabilization recently.
3. Rental Market
- Rental yields for Crescent Court are estimated around 4.25-4.68%[4][10].
- Recent rental listings range from RM1,600 to RM3,700 per month[10].
4. Market Outlook
- The broader KL Sentral/Brickfields area is expected to see continued growth, with property experts forecasting 3-4% price increases for residential properties in 2025[8][11].
- Major infrastructure projects like the MRT3 line are expected to further boost property values in the area[15].
- The area’s status as a transportation hub and growing commercial district continues to drive demand for both residential and office spaces[15].
5. Key Selling Points
- Strategic location near KL Sentral transportation hub[1][4]
- Freehold tenure[1][4]
- Facilities like 24-hour security, parking, swimming pool[1][18]
- High rental demand from working professionals and students[4][5]
Sources:
- [1]Â www.iproperty.com.my
- [2]Â www.bricksave.com
- [3]Â propsocial.my
- [4]Â irumah.co
- [5]Â corporateoffice.my
- [6]Â www.propertyguru.com.my
- [7]Â www.iproperty.com.my
- [8]Â www.metproperty.com
- [9]Â www.brickz.my
- [10]Â www.propsocial.my
- [11]Â www.metproperty.com
- [12]Â www.propertyguru.com.my
- [13]Â www.propertyguru.com.my
- [14]Â www.propertyguru.com.my
- [15]Â www.riveriacity.my
- [16]Â www.starproperty.my
- [17]Â www.brickz.my
- [18]Â www.edgeprop.my
- [19]Â www.edgeprop.my
- [20]Â jmbmalaysia.org
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