Soho Suites KLCC is situated in the vibrant Kuala Lumpur City Centre (KLCC), a prime urban location known for its iconic landmarks, shopping, dining, and entertainment options.

The property is just a short walk from the Petronas Twin Towers, one of Malaysia’s most recognizable attractions. The building has 45 floors.

Soho Suites KLCC is classified as a serviced residence, combining the convenience of hotel-like amenities with the comfort of home living.

Soho Suites KLCC offers a range of unit types, including:

Studio apartments
One-bedroom apartments
Two-bedroom apartments

The built-up sizes of the units range from approximately 601 sq ft to 877 sq ft.

Soho Suites KLCC provides a variety of amenities for residents, including:

An infinity swimming pool with stunning views of the city skyline
A well-equipped gym for fitness enthusiasts
A sauna and steam room for relaxation
Communal lounges and co-working spaces
24-hour security and concierge services
On-site retail shops and conveniences

Sub-sale market Analysis

1. Transaction Prices

The median transaction price for Soho Suites KLCC ranges from RM600,000 to RM1,450,000[1][4].
On a per square foot basis, prices range from approximately RM986 psf to RM1,783 psf[4].
Some specific transaction price examples:
- 1-bedroom units (610 sq ft): Around RM1,500 psf[9]
- 2-bedroom units (813 sq ft): Around RM1,120 psf[9]
The overall median transacted price is RM1,083 per sq ft[5].
Capital growth has been around 2.61%[5].

2. Rental Prices

Monthly rental rates range from approximately RM2,000 to RM5,500[4].
Some specific rental price examples:
- 659 sq ft unit: RM2,800 per month
- 830 sq ft unit: RM3,600-3,700 per month
- 610-630 sq ft units: RM1,800-2,800 per month[9]
The average rental yield is around 4.07% as of 2023, up from 4.0% in 2021[9].

3. Market Analysis

There is high demand for Soho Suites KLCC units, with 93 listings for sale and 92 listings for rent as of late 2023[5].
The property remains attractive due to its prime KLCC location and facilities like a gym, sauna, mini market, swimming pool, etc[5].
However, there are signs of oversupply in the broader KLCC residential market, which may put downward pressure on prices[1].
The rental market has been relatively stable due to the excellent location, though the pandemic has impacted demand[1].
Most buyers are investors rather than owner-occupiers, with a high proportion of foreign buyers[1].
New launches in the area are priced significantly higher (RM1,500-2,000 psf) compared to existing supply (as low as RM600 psf), indicating a price disparity in the market[1].

Sources: