The Orion Condominium, located in the heart of Kuala Lumpur City Centre (KLCC), is a 36-storey development housing 202 units of standard condominiums, duplexes, and penthouses.
The building features 7 levels of car park and offers a range of amenities.
Sub-Sale Market Analysis
Here are some key insights into the sub-sale market transaction and rental prices for 2024:
- Median Transacted Price: The median transacted price for The Orion Condominium in 2023 is approximately RM 635,000[1].
- Sold Price Range: The sold price range for The Orion units is between RM 406 psf and RM 495 psf, with an average price of RM 445 psf[2].
- Rental Price Range: The rental price range for The Orion units is around RM 2,600 per month for a 1,400 sqft fully furnished condominium[5].
- Rental Yield: The rental yield for The Orion is approximately 5.1%, which is the rental income expressed as a percentage of the property’s value[2].
Key Features:
- Location: The Orion is strategically located near KLCC, with easy access to MRT stations and various amenities such as IJN, KL General Hospital, National Library, shopping malls, and international schools[3].
- Unit Details: Units typically come with 3+1 bedrooms, 3 bathrooms, and 2 car parks, with built-up areas around 1,459 sqft[3].
- Tenure: The Orion is a freehold condominium[3].
Market Listings:
- Sale Listings: Units are available for sale, with prices ranging from RM 680,000 to RM 1,380,000[3][4].
- Rental Listings: There are various rental listings available, with prices starting from RM 2,600 per month for a 1,400 sqft fully furnished unit[5].
Sources:
- [1]Â www.iproperty.com.my
- [2]Â www.edgeprop.my
- [3]Â www.edgeprop.my
- [4]Â www.propertyguru.com.my
- [5]Â www.propertyguru.com.my
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