Menara K1 Old Klang Road

  • Price Range from RM 400,000 to RM 699,000 for a 552 sqft unit
  • Rental Rate is Approximately RM 4,300 per month
  • Rental Yield is 5.63% based on historical data.
  • Office building with strata titles and a 99-year leasehold tenure
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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.

Menara K1 Old Klang Road 1  Menara K1 Old Klang Road 3 Menara K1 Old Klang Road 4 Menara K1 Old Klang Road 5

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.

Menara K1 Old Klang RoadMenara K1 Old Klang Road 2

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: 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: Rental rates for Menara K1 units are reported to be around RM 4,300 per month for a 552 sqft unit[2].
    • Rental Yield: The average rental yield for Menara K1 is approximately 5.63%, based on historical data[4].
  • Market Insights:
    • Location: 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: It is an office building with strata titles and a 99-year leasehold tenure[3].
    • Furnishing: 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: Approximately RM 4,300 per month for a 552 sqft unit.
  • Rental Yield: 5.63% based on historical data.
  • Location: Strategically located on Old Klang Road.
  • Property Type: Office building with strata titles and a 99-year leasehold tenure.

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Last updated on: December 15, 2024

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