The Troika is situated in the prestigious Kuala Lumpur City Centre (KLCC), Malaysia, a prime area known for its vibrant atmosphere and proximity to key attractions.

This iconic development was designed by the renowned architectural firm Cesar Pelli & Associates.

Completed in 2010, the project has since become one of the most sought-after luxury residential developments in the city. The Troika comprises 229 high-end residential units, including 1-bedroom, 2-bedroom, and larger penthouse options.

Unit sizes range from approximately 990 square feet to over 11,000 square feet for penthouses, catering to various lifestyles.

The Troika is a freehold property, offering long-term security for both homeowners and investors.

Sub-Sale Market Analysis

1. Transaction Prices:

The median transacted price for The Troika is RM1,004 per square foot[3].
Recent transaction prices range from RM1,400,000 to RM3,000,000, depending on unit size[3].
For example, a 2,357 sq ft unit sold for RM2,300,000 (RM976 psf) in July 2024[3].
A 2,906 sq ft unit sold for RM3,000,000 (RM1,032 psf) in June 2024[3].
Historical high price was RM1,404 psf in September 2022 for a 12,325 sq ft unit[1].

2. Rental Prices:

Rental prices range from approximately RM8,000 to RM14,000 per month[2][4].
For example:
- A 2,482 sq ft unit is listed for rent at RM9,500/month (RM3.83 psf)[2]
- A 2,600 sq ft unit is listed for rent at RM10,000/month (RM3.85 psf)[2]
- A 2,832 sq ft unit is listed for rent at RM10,000/month (RM3.53 psf)[2]
The average rental yield is around 4.36%[1].

3. Market Analysis:

The Troika is considered a luxury condominium development in the prime KLCC area[1].
It comprises 229 units across three towers, with built-up sizes ranging from 990 sq ft to over 11,000 sq ft[1].
The property was completed in 2010 and is on freehold tenure[1][15].
Its prime location, high-end facilities, and iconic architecture by Norman Foster contribute to its desirability[1].
Transaction volumes and prices have shown some volatility, but the property maintains its status as a prestigious address[3].
The rental market appears active, with numerous listings available[2][4].
Its location near major amenities, public transport, and the city center supports both the sales and rental markets[1].

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