Dua Sentral is a freehold serviced residence completed in 2011.
It has a total of 378 units across 33 floors. Unit sizes range from 587 to 1,032 sq ft.
The property offers hotel-like facilities and is located near the KL Sentral transportation hub.
The project was completed in 2011 and is known for its modern design and spacious interiors filled with natural light.
Sub-Sale Market Analysis
1. Transaction Prices
- Current Median Prices: As of recent data, the median transaction price for units in Dua Sentral is approximately RM510,000, with a median price per square foot around RM562. This price reflects the competitive nature of the Kuala Lumpur property market.
- Price Range: The price range for sub-sale units varies significantly, typically falling between RM375,000 to RM771,000 depending on unit size, floor level, and condition. For instance:
- A 580 sq ft studio unit may be listed for around RM400,000.
- A 1,100 sq ft three-bedroom unit might reach upwards of RM800,000.
- Recent Transactions: Recent transactions have exhibited variability:
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- A 840 sq ft unit was sold for RM861,630, translating to approximately RM1,026 psf in May 2024.
- Conversely, smaller units in less favorable positions have sold for as low as RM539 psf, indicating that location within the building plays a role in pricing.
2. Rental Prices
- Current Rental Prices: Rental prices typically range from RM1,600 to RM2,300 per month. The variation often depends on factors such as unit size and whether it comes furnished or unfurnished.
- Unit Types and Prices:
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- A 300 sq ft studio is generally available for around RM1,600/month.
- Larger units, such as a 700 sq ft apartment, could be listed at about RM2,100/month.
- For more spacious configurations like a 900 sq ft unit, rental prices may reach up to RM2,600/month, especially if they feature modern furnishings and attractive views.
3. Market Trends and Insights
- High Demand Due to Location: Proximity to KL Sentral provides residents easy access to public transport, shopping, dining, and entertainment options. This accessibility boosts demand and justifies higher transaction and rental prices.
- Investor Interest: The ongoing development in and around Kuala Lumpur attracts investors looking for rental yields. With the influx of expatriates and professionals working in the city center, rental properties in Dua Sentral remain attractive.
- Quality of Living: The amenities offered at Dua Sentral—such as swimming pools, gyms, and communal areas—enhance its appeal to potential buyers and tenants alike.
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