Menara Bintang Goldhill is a luxurious condominium located in the heart of Kuala Lumpur, within the Golden Triangle area.
It is situated opposite the Royal Selangor Golf Club and is close to various amenities and landmarks such as the Petronas Twin Towers and Ampang Park Shopping Centre.
Subsale Market Analysis
1. Transaction Prices:
- Historical Data: Past transactions indicate that prices in Menara Bintang Goldhill have varied significantly. For instance, in 2017, units were sold at prices ranging from RM680,000 for 1023 sq ft to RM1,590,000 for 2982 sq ft[4].
- Recent Listings: Recent listings on PropSocial show prices ranging from RM643,500 to RM3,600,000 for different sizes and configurations[1]. Specifically, a 1474 sq ft unit was listed for RM715,000, indicating a price per square foot (psf) of approximately RM484.
- Market Value: The market value for units in Menara Bintang Goldhill is estimated to be around RM980,000 for a 1474 sq ft unit, suggesting a psf of about RM665[1].
2. Rental Prices:
- Rental Price Range: Monthly rents for units in Menara Bintang Goldhill range from RM 1,700 to RM 6,300. This broad range accommodates different types of renters, from those seeking affordable options to those looking for high-end accommodations.
- Price Per Square Foot (PSF): Rental rates typically range from RM 2.36 to RM 5.00 per square foot. This variation reflects the differences in unit specifications and tenant preferences.
3. Market Analysis:
- Location: Menara Bintang Goldhill is located in the Golden Triangle of Kuala Lumpur, which is a prime area with high demand for residential and commercial properties. This location benefits from proximity to major landmarks like the Petronas Twin Towers and the Royal Selangor Golf Club[3].
- Market Trends: The KLCC area has seen a mix of new developments and resale properties. The launch price of RM488 psf for Bintang Goldhill was competitive compared to other developments in the area priced at RM650 to RM1,000 psf[4].
- Amenities: The property offers luxurious amenities including a private pool, Jacuzzi, sauna, and full kitchen facilities, which can influence both transaction and rental prices[2].
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