The Binjai On The Park is situated in the prestigious KLCC (Kuala Lumpur City Centre) area of Kuala Lumpur, Malaysia.

This prime location offers residents easy access to major landmarks, shopping centers, restaurants, and recreational spaces. The project is developed by Binjai Development Sdn Bhd, known for its commitment to quality and excellence in luxury residential projects.

The Binjai On The Park offers a variety of unit types, including:

3-Bedroom Units: Spacious layouts ideal for families, typically ranging from 2,200 to 2,500 square feet.
4-Bedroom Units: Larger units designed for more expansive living, often exceeding 3,000 square feet.
Penthouses: Exclusive penthouse units featuring premium finishes and stunning views, ranging from 4,000 square feet and above.

Sub-Sale Market Analysis

1. Transaction Prices

Price Range: The general price range for sub-sale units at The Binjai On The Park is between RM 1.8 million to RM 5 million.
Unit Types and Pricing:
- 3-Bedroom Units: These typically range from RM 1.8 million to RM 3.5 million. The average price per square foot falls between RM 1,600 and RM 2,300.
- 4-Bedroom Units/Penthouses: Prices for these larger and more exclusive units can exceed RM 5 million, with some penthouse units reaching RM 8 million or more.
Market Trends: The transaction prices have shown a steady appreciation over the past few years, influenced by the limited availability of new luxury developments in the KLCC area and the ongoing demand from both local and foreign investors.

2. Rental Prices

Rental Range: Monthly rental prices for units at The Binjai On The Park typically range from RM 8,000 to RM 20,000.
Unit Types and Pricing:
- 3-Bedroom Units: Rental prices for these units generally fall between RM 8,000 and RM 12,000 per month.
- 4-Bedroom Units/Penthouses: These larger units command higher rental rates, often ranging from RM 15,000 to RM 20,000, depending on the specific features and views.
Market Demand: Rental demand has remained strong due to the property’s proximity to business districts, international schools, shopping malls, and recreational facilities. Many expatriates prefer this area for its lifestyle offerings and convenience.

3. Market Overview

The sub-sale market for The Binjai On The Park is characterized by several factors that influence both transaction and rental prices:

Desirable Location: Being situated in KLCC places The Binjai On The Park at the heart of Kuala Lumpur’s commercial and cultural landscape, making it highly sought after by affluent individuals and families.
Luxury Standards: The development’s premium amenities, including an infinity pool, gymnasium, spa facilities, and landscaped gardens, enhance its appeal to both buyers and renters.
Investment Potential: Given the steady growth of property values in the KLCC area, investing in units at The Binjai On The Park presents a lucrative opportunity for long-term capital appreciation.
Economic Factors: While the overall economy influences property markets, luxury properties like The Binjai On The Park tend to retain value even during economic fluctuations due to their exclusivity and desirability.