The Ritz-Carlton Residences, Berjaya Central Park

The Ritz-Carlton Residences is a freehold condominium that is located in Berjaya Central Park, KLCC. There are 288 units available at this condominium with built-up from 1,023 sf to 4,284 sf. It was developed by Berjaya Land Bhd with a launch price at about RM2,500 psf, and was completed around 2017.

Berjaya Land Bhd is a gigantic property developer listed on Bursa Malaysia, and it has built about 50 property projects in Malaysia. Other similar projects by the same developer are Anjung Hijau, Arena Green, Bukit OUG Condominium, Gemilang Indah, Green Avenue, KM1, Kondominium Robson, Lanai Residences, Petaling Indah and Savanna.

This condominium has some amenities nearby, e.g. universities, transit stations, schools and hospitals. The following are some main universities here:

• Advance Tertiary College (ATC)
• Inti International College Kuala Lumpur
• Kuala Lumpur Metropolitan University College
• Optopreneur College
• Queens College KL
• Sky High University
• Universiti Kuala Lumpur
• Universiti Kuala Lumpur (Ips
• Universiti Teknikal MARA
• University Of Wolverhampton
• Yes International College (fka Yes Academy) “The Best College In Asia”

As for transit stations, there are LRT Dang Wangi, LRT KLCC, LRT Kampung Baru, Monorail Bukit Nanas, Monorail Medan Tuanku and Monorail Raja Chulan. There are also some schools here, such as French Culinary School In Asia, SMK Convent Bukit Nanas, Sk. Pendidikan Khas Kampung Baharu and St John's International Primary School Malaysia.

Lastly, the hospitals here are Al Islam Specialist Hospital and Mont Kiara Medical Centre.

The current rental yield of The Ritz-Carlton Residences is around 4.01%, compared to 3.42% a year ago in Q2 2023. The highest rental yield ever recorded was 4.36% in Q3 2019; while the lowest one was 3.36% in Q2 2019. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at The Ritz-Carlton Residences is 1-bedroom / 1,023 sf with a median price of RM2,700 psf. For price wise, the most expensive one is 4-bedroom / 2,960 sf with a median price of RM3,380 psf; while the cheapest one is 1-bedroom / 1,163 sf with a median price of RM2,130 psf.