The Ritz-Carlton Residences, Berjaya Central Park

The Ritz-Carlton Residences is a freehold apartment located in Berjaya Central Park, KLCC. There are 288 units available at this project with built-up from 1,023 sf to 2,142 sf. It was developed by Berjaya Land Bhd with a launch price at about RM2,500 psf, and was completed in around 2017.

Berjaya Land Bhd is a gigantic property developer listed on Bursa Malaysia, and it has built about 47 property projects in Malaysia. Other similar projects by the same developer are Anjung Hijau, Arena Green, Bukit OUG Condominium, Covillea, Gemilang Indah, Green Avenue, KM1, KM1 East, Petaling Indah and Savanna.

Property Type
Apartment
Land Tenure
Freehold
Built-up
1,023 sf - 2,142 sf
Market Price
RM2,570,000 - RM4,990,000
Density
288 Units
Completed In
2017
Launch Price
About RM2,500 psf

This apartment has many amenities nearby, e.g. universities, metro transport stations, hospitals and schools. The following are some universities here:

As for metro transport 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 hospitals here, such as Al Islam Specialist Hospital, Specialist Hospital Al Islam and Twin Towers Medical Center.

Lastly, the schools here are French Culinary School In Asia, SMK Convent Bukit Nanas and SMK Puteri Wilayah.

The current market prices for The Ritz-Carlton Residences are from RM2,570,000 to RM4,990,000 (about RM2,510 psf); while the monthly rentals are from RM8,100 to RM17,000 (about RM7.31 psf). The highest median price psf ever recorded was RM2,649 psf in Q1 2015; while the lowest one was RM2,371 psf in Q4 2018.

The current rental yield of The Ritz-Carlton Residences is around 3.9%. The highest rental yield ever recorded was 3.9% in Q1 2019; while the lowest one was 3.47% in Q3 2018. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at The Ritz-Carlton Residences is 1-bedroom / 1,023 sf with a median price of RM2,510 psf. For price wise, the most expensive one is 1-bedroom / 1,023 sf with a median price of RM2,510 psf; while the cheapest one is 1-bedroom / 1,507 sf with a median price of RM2,290 psf.

Latest The Ritz-Carlton Residences for sale listings:

DateTypeBuilt-upPrice
13-Mar-19Condominium1,421 sfRM3,125,000
13-Mar-19Condominium1,163 sfRM2,890,000
12-Mar-19Condominium1,421 sfRM3,092,000
04-Mar-19Condominium1,023 sfRM2,760,000
03-Mar-19Condominium1,636 sfRM3,660,000
03-Mar-19Condominium1,163 sfRM2,920,000
03-Mar-19Condominium2,142 sfRM5,070,000
03-Mar-19Condominium1,023 sfRM2,700,000
03-Mar-19Condominium2,605 sfRM7,700,000
03-Mar-19Condominium1,636 sfRM3,620,000

Latest The Ritz-Carlton Residences for rent listings:

DateTypeBuilt-upRental
21-Mar-19Condominium1,023 sfRM8,000
21-Mar-19Condominium1,163 sfRM8,500
21-Mar-19Condominium1,163 sfRM9,500
21-Mar-19Condominium1,163 sfRM7,000
21-Mar-19Condominium-NA-RM11,000
21-Mar-19Condominium1,432 sfRM9,500
21-Mar-19Condominium1,023 sfRM9,000
21-Mar-19Condominium1,163 sfRM8,000
20-Mar-19Condominium1,572 sfRM13,500
20-Mar-19Condominium1,163 sfRM9,800