Blu Constellation, Bluwater Estate
Blu Constellation (also known as Blue Constellation) is a leasehold landed housing estate located in Bluwater Estate, Mines Resort City. There are 108 units available at this project with built-up from 2,600 sf to 2,800 sf. It was developed by Clearwater Group with a launch price at about RM350 psf, and was completed in around Q4 2013.
Clearwater Group is a medium-scale property development group, and it has built about 6 property projects in Malaysia. Other similar projects by the same developer are Blu Haven, Bluwater Estate, Clearwater Residence, Dream City and Work @ Clearwater.
The only amenities nearby this landed housing estate are schools. Few of the schools here include Australian International School Malaysia and SJK (C) Kung Man.
The current market prices for Blu Constellation are from RM1,120,000 to RM1,140,000 (about RM400 psf); while the monthly rentals are from RM3,800 (about RM1.36 psf). The highest median price psf ever recorded was RM625 psf in Q2 2013; while the lowest one was RM350 psf in Q1 2011.
The current rental yield of Blu Constellation is around 4.5%, compared to 4.0% a year ago in Q3 2017. The highest rental yield ever recorded was 4.5% in Q4 2018; while the lowest one was 3.69% in Q2 2017. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Blu Constellation is 5-bedroom / 2,800 sf with a median price of RM400 psf. For price wise, the most expensive one is 5-bedroom / 2,600 sf with a median price of RM440 psf; while the cheapest one is 5-bedroom / 2,800 sf with a median price of RM400 psf.
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