Dream City, Bluwater Estate

Dream City (also known as DreamCity) is a leasehold condominium that is located in Bluwater Estate, Mines Resort City. There are 812 units available at this condominium with built-up from 500 sf to 1,630 sf. It was developed by Clearwater Group with a launch price at about RM600 psf, and was completed in around 2018.

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 Constellation, Blu Haven, Bluwater Estate, Clearwater Residence and Work @ Clearwater.

Property Type
Condominium
Land Tenure
Leasehold
Built-up
500 sf - 1,630 sf
Market Price
RM290,000 - RM1,160,000
Total Units
812 Units
Completion Date
2018
Launch Price
About RM600 psf

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

As for universities, there are Ossac International College Malaysia, Portman College Heritage Campus, Portman College Mines 2 Campus and Universiti Malaysia Sarawak (Unimas) Kuala Lumpur Learning Centre.

The current rental yield of Dream City is around 4.52%, compared to 5.08% a year ago in Q3 2021. The highest rental yield ever recorded was 6.04% in Q2 2022; while the lowest one was 3.33% in Q3 2018. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at Dream City is 1-bedroom / 550 sf with a median price of RM550 psf. For price wise, the most expensive one is 3-bedroom / 1,630 sf with a median price of RM710 psf; while the cheapest one is 1-bedroom / 550 sf with a median price of RM550 psf.

Latest Dream City sale listings:

DateProperty TypeBuilt-upPrice
15 Sep 2023Condominium1,100 sfRM570,000
25 Jul 2023Condominium1,100 sfRM468,000
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