Stonor Park Condominium is a prestigious residential development located in the heart of Kuala Lumpur’s KLCC (Kuala Lumpur City Centre) district.
Completed in 2003, this freehold condominium is known for its luxurious living spaces and modern design, making it one of the most sought-after addresses in the city.
Key Features
- Prime Location: Stonor Park is strategically situated near iconic landmarks such as the Petronas Twin Towers, Suria KLCC shopping mall, and various cultural and recreational facilities. Its central location offers residents easy access to public transportation, dining, shopping, and entertainment options.
- Architectural Design: The condominium features a contemporary architectural style, with a striking facade that combines glass and steel elements. The interiors are designed with high-end finishes and spacious layouts, providing a comfortable living environment.
- Unit Sizes: Stonor Park offers a range of unit sizes, typically ranging from approximately 2,314 sq ft to 6,500 sq ft. This variety caters to different preferences and family sizes.
- Amenities: The development boasts a comprehensive suite of amenities, including a state-of-the-art fitness center, an infinity swimming pool, landscaped gardens, children’s playgrounds, and multipurpose recreational areas. Additionally, there are dedicated security features to ensure residents’ safety.
- Investment Potential: Due to its prime location and luxurious offerings, Stonor Park presents a strong investment opportunity. The property has shown good capital appreciation over the years, making it an attractive option for both homebuyers and investors.
Sub-Sale Market Analysis
1. Transaction Prices:
- The median transacted price for Stonor Park is around RM765-876 per square foot over the past year[4][7].
- Recent sale listings range from approximately RM2.3 million to RM4.1 million[4].
- Price per square foot ranges from about RM843 to RM1,200[4].
- Capital appreciation of about 15% has been reported[4].
- a slight decline of 6.8% year-over-year according to one source[7].
2. Rental Prices:
- Recent rental listings range from approximately RM5,800 to RM15,000 per month[4].
- Rental rates are around RM2.76 to RM3.24 per square foot per month[1][4].
- A 3+1 bedroom unit of 2,314 sq ft is listed for rent at RM7,000 per month (RM3 psf)[5].
- A 4+1 bedroom unit of 3,218 sq ft is listed for rent at RM8,500 per month (RM2.6 psf)[5].
3. Additional Market Insights:
- Stonor Park was completed in 2003 and has 71 units across 20 floors[4][5].
- It is a freehold condominium development[1][4].
- Unit sizes range from approximately 2,314 sq ft to over 6,000 sq ft[1][5].
- Rental yields are estimated around 4-5% annually[2].
- The property market in the KLCC area has seen some softening due to oversupply and economic factors, but remains desirable due to its prime location[2].
Sources:
- [1]Â irumah.co
- [2]Â www.edgeprop.my
- [3]Â www.edgeprop.my
- [4]Â www.iproperty.com.my
- [5]Â klpropertynavi.com
- [6]Â www.starproperty.my
- [7]Â www.iproperty.com.my
- [8]Â www.propertyguru.com.my
- [9]Â www.propertyguru.com.my
- [10]Â rentkl.com.my
- [11]Â www.edgeprop.my
- [12]Â rentkl.com.my
- [13]Â homes.trovit.my
- [14]Â www.propertyguru.com.my
- [15]Â property.malaysiamostwanted.com
- [16]Â www.iproperty.com.my
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