Star Residences Two is a luxurious condominium development located in the prestigious Kuala Lumpur City Centre (KLCC) area.

This project is designed to offer an upscale urban living experience, featuring modern architecture, high-quality finishes, and a wide array of amenities for residents.

Key Features

Completion Year: The development was completed in 2019.
Total Floors: Star Residences Two consists of 58 floors, making it one of the prominent structures in the KLCC skyline.
Total Units: The project comprises approximately 482 residential units, offering a variety of layouts and sizes to cater to different preferences.
Unit Sizes: Units range from approximately 800 sq ft to over 3,000 sq ft, providing options for both individuals and families.

Amenities

Star Residences Two boasts a comprehensive range of amenities designed to enhance the lifestyle of its residents:

Swimming Pool: An infinity-edge pool that offers stunning views of the cityscape.
Gymnasium: A fully-equipped fitness center catering to various workout needs.
Clubhouse: A stylish space for social gatherings and events.
Landscaped Gardens: Beautifully designed outdoor spaces for relaxation and leisure.
24-Hour Security: Enhanced security features including CCTV surveillance and professional security personnel.
Parking Facilities: Ample parking spaces are available for residents and guests.

Location

Star Residences Two is strategically located in KLCC, providing residents with easy access to:

Major shopping centers such as Suria KLCC and Pavilion Kuala Lumpur.
Fine dining restaurants and vibrant nightlife options.
Public transportation links, including the LRT and MRT stations.
Renowned educational institutions and healthcare facilities.

Sub-Sale Market Analysis

1. Transaction Prices

Price Range: The average transaction price for units in Star Residences Two typically ranges from approximately RM1.8 million to RM3.2 million. Smaller units can start from around RM1.6 million, while larger penthouse units can go up to RM3.6 million or more.
Price per Square Foot: The price per square foot (psf) for units in this development ranges from about RM1,600 to RM2,400. For instance, a 1,200 sq ft unit may be priced around RM2 million, translating to about RM1,667 psf.
Market Activity: The sub-sale market for Star Residences Two has shown healthy activity, with several units changing hands over the past few months. The demand for luxury properties in KLCC remains strong, driven by both local buyers and expatriates.

2. Rental Prices

Rental Range: Rental prices for units typically range from RM4,500 to RM7,500 per month. Smaller units (around 800 sq ft) may rent for about RM4,500, while larger units (over 1,500 sq ft) command rents closer to RM7,500.
Rental Yield: The estimated rental yield for Star Residences Two is around 4% to 5%, which is competitive for the luxury segment in KLCC. This yield makes it an attractive investment option for landlords looking to generate passive income.

3. Market Trends

The sub-sale market for Star Residences Two reflects broader trends in the Kuala Lumpur real estate market:

High Demand: The demand for luxury condominiums in KLCC remains robust due to the area’s appeal among both local residents and expatriates seeking proximity to amenities, business districts, and entertainment options.
Investor Interest: Investors are particularly interested in properties like Star Residences Two due to their potential for capital appreciation and attractive rental yields.
Future Outlook: With ongoing urban development initiatives and infrastructure improvements in the vicinity, the value of properties in KLCC is expected to continue appreciating, making it a promising area for future investments.