Vortex is a freehold serviced residence completed in2016, comprising 58 floors and 248 units.

The available units typically range in size from 744 sq. ft. to 831 sq. ft., appealing to a broad demographic of buyers and renters looking for urban living options in proximity to key amenities in KLCC.

With easy access to public transportation (including multiple LRT and monorail stations), Vortex is strategically located near major shopping centres and entertainment hubs, enhancing its appeal for both renting and purchasing.

Sub-Sale Market Analysis

1. Transaction Prices:

The median transacted price for Vortex is RM 1,050,000 with a median price per square foot of RM 1,318 [10].
Recent sale listings show prices ranging from RM 659,999 to RM 950,000 for units between 744-831 sq ft [14].
The price range for units for sale is between RM650,000 – RM1,390,000 [17].
The price per square foot ranges from RM 814 – RM 1,787 [17].
Historical transaction data shows prices ranging from RM1,272 – RM1,363 per sq ft for 786-807 sq ft units sold in 2023-2024 [10].

2. Rental Prices:

Recent rental listings show prices ranging from RM3,000 to RM3,500 per month for units around 780-811 sq ft [14].
The current rental yield is around 4.42%, compared to 3.6% a year ago [14].
The highest rental yield recorded was 4.95% in Q4 2023 [14].

3. Sub-Sale Market :

The sub-sale market appears to be relatively stable, with consistent transaction activity.
Prices in the secondary market have generally remained resilient, though there are signs of some softening in asking prices [13].
The most popular unit layout is 2-bedroom / 777 sq ft with a median price of RM1,220 per sq ft [14].
There is good demand for smaller units under 1,000 sq ft.
The property offers decent rental yields around 4-5%, making it attractive for investors.
Its prime KLCC location helps maintain demand and values in the sub-sale market.

Sources: