Vipod Residences is a luxury condominium development located in the heart of Kuala Lumpur’s bustling Bukit Bintang district.
This prestigious project features two towers, each soaring 39 stories high, designed with a modern architectural style that includes a striking glass and steel facade.
Key Highlights:
- Prime Location: Situated in one of Kuala Lumpur’s most vibrant areas, residents enjoy proximity to major shopping malls like Pavilion KL, fine dining restaurants, entertainment venues, and convenient access to public transportation.
- Luxurious Living Spaces: The development offers a variety of unit sizes and layouts, all equipped with high-end finishes and modern amenities. The residences are designed for comfort and functionality, catering to the needs of contemporary urban living.
- Exceptional Amenities: Vipod Residences boasts a range of facilities including a resort-style swimming pool, a state-of-the-art fitness center, a sky garden for relaxation, and recreational spaces for families and children.
- Sustainable Features: The project emphasizes sustainability with eco-friendly initiatives such as rainwater harvesting and energy-efficient systems, promoting an environmentally conscious lifestyle.
- Security: With a robust security system that includes 24-hour surveillance and controlled access, residents can feel safe and secure in their living environment.
Sub-Sale Market Analysis
1. Transaction Prices
- The median transacted price for Vipod Residences is around RM840,000, with a median price per square foot of RM1,263[6].
- Prices range from approximately RM828,000 to RM4,000,000 [10].
- Recent transactions show prices ranging from RM1,180,000 to RM3,600,000 for units of different sizes[5].
- Current asking prices on the sub-sale market range from RM1,450,000 (RM1,116 psf) to higher[14].
2. Rental Prices
- Rental prices generally range from RM2,200 to RM5,300 per month, depending on unit size and furnishings[11][12].
- For 3-bedroom units, rents are around RM4,500-5,300 per month[3][11].
- Smaller 1+1 bedroom units (635 sq ft) rent for about RM2,200-3,300 per month[11][15].
- The gross rental yield is estimated to be around 3-4% annually[4].
3. Market Analysis
- Vipod Residences has seen some price drops in recent years, in line with the broader luxury condo market in Kuala Lumpur. Prices have declined up to 5% due to oversupply issues[8].
- However, it remains an attractive investment due to its prime location near KLCC and Pavilion mall[1][16].
- The development is popular among both local and expatriate renters due to its facilities and central location[4][16].
- While prices have softened, rental demand remains relatively strong, especially for smaller units[15].
- The current market favors buyers and tenants, with opportunities to negotiate on both sale prices and rents[8].
Sources:
- [1]Â propcafe.net
- [2]Â www.propsocial.my
- [3]Â www.propertyguru.com.my
- [4]Â www.edgeprop.my
- [5]Â www.starproperty.my
- [6]Â www.iproperty.com.my
- [7]Â www.edgeprop.my
- [8]Â bambooroutes.com
- [9]Â www.propertyguru.com.my
- [10]Â www.brickz.my
- [11]Â asiaeproperty.com
- [12]Â www.propertyguru.com.my
- [13]Â content.knightfrank.com
- [14]Â www.propertyguru.com.my
- [15]Â www.iproperty.com.my
- [16]Â www.klcityproperties.com
- [17]Â www.edgeprop.my
- [18]Â www.propertyguru.com.my
- [19]Â www.youtube.com
- [20]Â speedhome.com
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