KL Gateway, Bangsar South

KL Gateway is a leasehold integrated office, residential & retail hub located in Bangsar South, Pantai. It consists of KL Gateway Mall, KL Gateway Premium Residences, KL Gateway Residences, Menara SuezCap and Residensi Kerinchi. There are 1,180 apartment units available at this project with built-up from 900 sf for apartment units and 1,200 sf to 2,900 sf for offices. It was developed by Suez Capital Sdn Bhd with a launch price at around RM800 psf for apartment units, and was completed in about 2017.

Suez Capital Sdn Bhd is a medium-sized real estate organization held privately, and it has constructed around 6 real estate projects in Malaysia. Other similar projects by the same developer are KL Gateway Mall, KL Gateway Premium Residences, KL Gateway Residences, Menara SuezCap and Residensi Kerinchi.

Property Type
Integrated Office, Residential & Retail
Land Tenure
Leasehold
Built-up
900 sf (Apartment)
1,200 sf - 2,900 sf (Office)
Market Price
RM510,000 (Apartment)
RM1,080,000 - RM3,050,000 (Office)
Density
1,180 Apartments
Completed In
2017
Launch Price
RM800 psf (Apartment)

This integrated office, residential & retail hub has many amenities nearby, for example universities, schools, hospitals and metro transport stations. The following are some main universities here:

As for schools, there are SK Bangsar, SK Methodist, SMK Seri Pantai and Sri Dasmesh International School. There are also some hospitals here, i.e. Cengild G.I. Medical Centre (Cgi), Pantai Hospital KL and Yak Su Dang Chinese Medical Center.

Lastly, the metro transport stations here are LRT Kerinchi and LRT Universiti.

The current market prices for KL Gateway are from RM510,000 (about RM570 psf) for apartment units and RM1,080,000 to RM3,050,000 (about RM900 psf) for offices; while the monthly rentals are from RM2,200 (about RM4.18 psf) for apartment units and RM4,200 to RM26,700 (about RM3.50 psf) for offices. The highest median price psf ever recorded was RM1,126 psf in Q3 2015 (Apartment) and RM1,000 psf in Q1 2018 (Office); while the lowest one was RM872 psf in Q1 2018 (Apartment) and RM900 psf in Q3 2018 (Office).

The current rental yield of KL Gateway is 4.36% for apartment units and 5.16% for offices. The highest rental yield ever recorded was 5.63% in Q2 2017 (Apartment) and 5.16% in Q1 2019 (Office); while the lowest one was 3.6% in Q3 2017 (Apartment) and 4.24% in Q1 2018 (Office). Meanwhile, the most common unit layouts and sizes available here are as follows:

Apartment Layouts

The most popular layout and size combination at KL Gateway for apartment units is 3-bedroom / 900 sf with a median price of RM570 psf. For price wise, the most expensive one is 3-bedroom / 900 sf with a median price of RM570 psf; while the cheapest one is 3-bedroom / 900 sf with a median price of RM570 psf.

Office Layouts

Lastly, the most popular layout and size combination at KL Gateway for offices is 1,200 sf with a median price of RM900 psf. For price wise, the most expensive one is 2,900 sf with a median price of RM1,050 psf; while the cheapest one is 1,700 sf with a median price of RM880 psf.

Latest KL Gateway for sale listings:

DateTypeBuilt-upPrice
19-Mar-19Office1,200 sfRM740,000
15-Mar-19Condominium900 sfRM460,000
12-Mar-19Condominium900 sfRM460,000
12-Mar-19Condominium1,346 sfRM1,300,000
12-Mar-19Condominium900 sfRM510,000
06-Mar-19Office11,600 sfRM10,000,000
06-Mar-19Office1,200 sfRM969,000
06-Mar-19Office1,700 sfRM1,400,000
06-Mar-19Office5,800 sfRM6,380,000
06-Mar-19Office1,700 sfRM1,530,000

Latest KL Gateway for rent listings:

DateTypeBuilt-upRental
YesterdayCondominium1,147 sfRM4,000
YesterdayCondominium1,345 sfRM3,800
YesterdayCondominium1,345 sfRM3,800
YesterdayLow-Cost Flat915 sfRM2,600
19-Mar-19Room In Apartment-NA-RM1,800
15-Mar-19Room In Apartment-NA-RM1,600
10-Mar-19Office1,700 sfRM4,800
10-Mar-19Office4,100 sfRM20,000
10-Mar-19Office1,700 sfRM9,350
10-Mar-19Office1,700 sfRM6,000