U Thant Residence

U Thant Residence is situated in the upscale Taman U Thant neighborhood of Kuala Lumpur, Malaysia.

This prime location offers residents easy access to the city center and various amenities. The development was completed in 2009, showcasing modern architectural design and high-quality finishes.

U Thant Residence is a luxury condominium featuring 77 exclusive residential units.

Units within the residence range from approximately 2,467 square feet to over 6,800 square feet, providing ample living space for families and individuals. The building showcases a contemporary design with sleek lines and a striking façade.

Large windows allow for abundant natural light and breathtaking views of the Kuala Lumpur skyline.

Sub Sale Market Analysis

1. Transaction Prices

• Price Range: The transaction prices for units at U Thant Residence typically range from approximately RM2,470,000 to RM6,667,000. This wide range reflects the varying sizes and conditions of the units available for sale.
• Recent Transactions: Specific recent transactions indicate:
  • A unit measuring 3,466 sq ft sold for around RM3,600,000 in July 2017.
  • Another unit of 3,315 sq ft was sold for approximately RM3,315,000 in April 2017.
  • A ground floor unit of 3,466 sq ft transacted for about RM2,150,000 in January 2017.
• Price per Square Foot: The median transacted price is reported to be around RM1,118.91 per sq ft, which shows a significant appreciation compared to previous years. The price per square foot has been observed to range from RM913 to RM1,201, depending on the unit’s specifics and market conditions.

2.Rental Prices

• Rental Price Range: Current rental prices for units in U Thant Residence vary significantly, typically falling between RM7,300 and RM14,000 per month. This variation depends largely on the size of the unit and its specific amenities.
• Current Listings: Examples of current rental listings include:
  • A 2,368 sq ft unit available for rent at approximately RM10,000 per month.
  • A larger unit of 3,315 sq ft listed at around RM12,000 per month.
  • Another large unit measuring 3,900 sq ft available for RM13,500 per month.
• Rental Yield: The estimated rental yield for properties within U Thant Residence stands at around 3.12%, which is considered moderate for a luxury property. This yield reflects the high demand for rental units in this prestigious area.