Bintang Fairlane Residences, Bukit Bintang
Bintang Fairlane Residences is a freehold apartment located in Bukit Bintang, KL City Centre. There are 256 units available at this project with built-up from 624 sf to 775 sf. It was developed by Low Yat Group with a launch price at about RM700 psf.
Low Yat Group is a medium-scale property development group, and it has built about 19 property projects in Malaysia. Other similar projects by the same developer are Perdana Park, Rivercity and Tribeca.
This apartment has many amenities nearby, e.g. universities, schools, metro transport stations and hospitals. The following are some universities here:
- Berjaya College
- Berjaya Tvet College
- Berjaya University College
- Inti International College KL
- Universiti Antarabangsa KL
- University Of Nottingham Teaching Centre
- YTL International College Of Hotel Management
As for schools, there are Kung Min Chinese Primary School, SMK (P) Bandaraya and Sub International School. There are also some metro transport stations here, such as MRT Tun Razak Exchange, Monorail Imbi and Monorail Raja Chulan.
Lastly, the hospitals here are Chinese Hill Maternity Hospital and Hospital Bersalin Cina.
The current market prices for Bintang Fairlane Residences are from RM650,000 to RM780,000 (about RM1,000 psf); while the monthly rentals are from RM2,500 to RM4,100 (about RM4.30 psf). The highest median price psf ever recorded was RM1,490 psf in Q1 2012; while the lowest one was RM1,012 psf in Q2 2019.
The current rental yield of Bintang Fairlane Residences is around 4.24%, compared to 4.8% a year ago in Q1 2018. The highest rental yield ever recorded was 9.0% in Q3 2010; while the lowest one was 3.74% in Q2 2013. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Bintang Fairlane Residences is 2-bedroom / 775 sf with a median price of RM1,000 psf. For price wise, the most expensive one is 1-bedroom / 624 sf with a median price of RM1,040 psf; while the cheapest one is 2-bedroom / 775 sf with a median price of RM1,000 psf.
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