Fraser Residence 188 Suites KLCC

188 Suites KLCC is conveniently located at Jalan Cendana, in the heart of Kuala Lumpur’s central business district.

The development is managed by Frasers Hospitality Pte Ltd, which initially offered a Guaranteed Rental Return of 6% for the first 5 years after its launch.

Subsale Market Analysis

1. Transaction Prices:

• Overall: The overall price range for units is from RM 485,000 to RM 2,266,000.
• Sold Price Range: The sold price range for 188 Suites KLCC in the past 4 years is between RM 1,013 psf and RM 1,809 psf, with an average price of RM 1,133 psf[1].

2. Rental Prices:

• • Rental Range: The rental prices for 188 Suites KLCC range from RM 1,700 to RM 6,500 per month, with an average rental price of RM 3,886[2].
  • Specific Listings:
    • Studio: RM 1,700 per month for a fully furnished studio unit on a low floor[2].
    • 2 Bedrooms: RM 2,600 per month for a 2-bedroom, 2-bathroom unit with 1,100 sq ft and 1 car park[2].
    • 2 Bedrooms (Larger Unit): RM 4,500 per month for a 2-bedroom, 2-bathroom unit with 1,293 sq ft and 2 car parks[2].

3. Rental Yield:

• • Rental Yield: The rental yield for 188 Suites KLCC is approximately 2.83% based on data from the past 4 years[1].

Sources:

• [1] www.edgeprop.my
• [2] www.propsocial.my
• [3] www.groupbanyan.com
• [4] liquidia.com
• [5] www.booking.com