The Vertical Business Suites

  • Average transacted price ranges from RM461 psf to RM693 psf
  • Rental rates ranging from RM4,500 to RM25,000 per month
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The Vertical Business Suites in Bangsar South, Kuala Lumpur, is a prominent office development that has garnered significant interest from both local and international businesses.

Overview:

    • Location: Bangsar South, Kuala Lumpur.
    • Development: Two towers (Tower A and Tower B) with 420 and 250 unitsently sized individual office suites designed for SMEs[1].
    • MSC Status: Located within MSC Malaysia Cybercentre @ Bangsar South City, making it attractive for IT-related and international tenants[1][3].

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Sub-Sale Market Analysis

  1. Transaction Prices:
    • Past Transactions: The average transacted price for non-landed properties in the area ranges from RM461 psf to RM693 psf, depending on the size of the unit[3].
    • Current Market Price: The current market prices for units in the Vertical Business Suites range from RM1,061,496 for smaller units, indicating a price increase over the launch price[3].
    • Transacted Prices: The average transacted prices for non-landed properties in the area are as follows:
      • 500 – 1,000 sq. ft: RM693 psf
      • 1,000 – 1,500 sq. ft: RM513 psf
      • 1,500 – 2,500 sq. ft: RM461 psf[3].
  2. Rental Prices:
    • Rental Rates: Office spaces in The Vertical Business Suites are available for rent, with prices ranging from RM4,500 to RM25,000 per month, depending on the size and furnishing of the unit[2][5].
    • Rental Yield: The average rental yield for office spaces in Bangsar South can range from 3.69% to 7.34%, although specific yields for The Vertical Business Suites are not provided[3].
  3. Market Outlook:
    • Future Developments: The area is expected to see further development, including the Duo Tower, which is slated for completion in FY2027[4].
    • Market Sentiment: Despite soft market sentiments and economic uncertainties, the demand for office spaces in strategic locations like Bangsar South is expected to remain steady[4].

Sources:

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Last updated on: January 25, 2025

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