Quadro Residences is a freehold condominium located in the heart of Kuala Lumpur City Centre (KLCC), developed by Monoland Corp Sdn Bhd and completed in 2013.
The development consists of 245 units spread across 36 storeys, with built-up areas ranging from 1,426 sq ft to 2,343 sq ft. The property offers various unit layouts and sizes, with the most popular being 3-bedroom units with a built-up area of 1,804 square feet.
Subsale Market Analysis
1. Transaction Price:
- Median Transacted Price:Â The median transacted price for Quadro Residences is RM 2,387,500, with a median transacted price per square foot of RM 1,013[2].
- Recent Sales:Â Recent sales listings show prices ranging from RM 1,600,000 for a 1,426 square foot unit to RM 2,680,000 for a 2,343 square foot unit[1][3].
- Price Trends:Â The property has seen a slight increase in price per square foot over the years, with recent transactions indicating a stable market.
2. Rental Price:
- Rental Yield:Â The current rental yield of Quadro Residences is around 5.25%, an increase from 3.71% in Q4 2022[1][3].
- Recent Rentals:Â Recent rental listings show prices ranging from RM 5,500 for a 1,426 square foot unit to RM 9,999 for a 2,343 square foot unit[1][3].
- Rental Trends:Â The rental market for Quadro Residences has been stable, with a consistent demand for units, particularly 3-bedroom units.
3. Key Points:
- Most Popular Unit:Â The most popular layout and size combination is 3-bedroom / 1,804 square feet, with a median price of RM 1,270 per square foot[1][3].
- Rental Yield:Â The highest rental yield ever recorded was 5.25% in Q2 2024, while the lowest was 3.33% in Q3 2019[1][3].
- Market Activity:Â The residential sector in KLCC has shown positive market activities, with an increase in transaction values and supply[5].
Sources:
- [1]Â irumah.co
- [2]Â www.iproperty.com.my
- [3]Â www.land.plus
- [4]Â www.propertyguru.com.my
- [5]Â www.rahim-co.com
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