Menara K1 is a premier commercial high-rise located along the bustling Old Klang Road in Kuala Lumpur.
This iconic building offers a blend of modern office spaces and retail outlets, making it an ideal destination for businesses of all sizes seeking a strategic location with excellent amenities.
Â
Features:
- Prime Location: Situated on Old Klang Road, Menara K1 provides easy access to major highways and public transportation, ensuring convenient connectivity for employees and clients.
- Diverse Office Spaces: The building offers a variety of office suites ranging from smaller units to expansive office lots, catering to startups, SMEs, and large corporations.
- Retail and F&B Opportunities: Menara K1 features retail and food and beverage spaces that benefit from high visibility and foot traffic, perfect for businesses looking to attract customers.
- Comprehensive Amenities: Tenants enjoy 24-hour security, ample parking, backup power generators, and centralized air conditioning, enhancing the overall work experience.
- Thriving Business Community: The diverse tenant mix fosters collaboration and networking opportunities among businesses from various industries, creating a supportive ecosystem.
- Operational Efficiency: Dedicated maintenance staff ensure the building’s upkeep, allowing tenants to focus on their core business activities without distraction.
Menara K1 stands out as a leading choice for businesses looking to establish a presence in Kuala Lumpur’s competitive commercial landscape.
Sub Sale Market Analysis
- Transaction Prices:
- Sale Prices: The sale prices for units in Menara K1 range from approximately RM 400,000 to RM 699,000 for a 552 sqft unit, which translates to around RM 670.29 per square foot (psf)[2][3].
- Market Range:Â Historical data shows that prices have ranged from RM 360,000 to RM 1,250,000, indicating a significant variation in unit sizes and prices over time[4].
- Rental Rates:
- Rental Prices:Â Rental rates for Menara K1 units are reported to be around RM 4,300 per month for a 552 sqft unit[2].
- Rental Yield:Â The average rental yield for Menara K1 is approximately 5.63%, based on historical data[4].
- Market Insights:
- Location:Â Menara K1 is strategically located on Old Klang Road, which is a bustling commercial area with easy access to various amenities and transportation hubs.
- Property Type:Â It is an office building with strata titles and a 99-year leasehold tenure[3].
- Furnishing:Â Units are typically sold bare, allowing buyers to customize the interior according to their needs[3].
Key Points:
- Price Range: RM 400,000 to RM 699,000 for a 552 sqft unit.
- Rental Rate:Â Approximately RM 4,300 per month for a 552 sqft unit.
- Rental Yield:Â 5.63% based on historical data.
- Location:Â Strategically located on Old Klang Road.
- Property Type:Â Office building with strata titles and a 99-year leasehold tenure.
Sources:
- [2]Â https://www.iproperty.com.my/property/jalan-klang-lama-old-klang-road/ol-sale-107596348/
- [3]Â https://www.propertyguru.com.my/property-listing/menara-k1-old-klang-road-for-sale-by-jerry-lee-40533103
- [4]Â https://www.propsocial.my/developments/menara-k1-5270
Sources:
- [1]Â www.propertyguru.com.my
- [2]Â www.iproperty.com.my
- [3]Â www.propertyguru.com.my
- [4]Â www.propsocial.my
- [5]Â www.iproperty.com.my
Reviews
There are no reviews yet.