Dorsett Residences, Bukit Bintang
Dorsett Residences is a freehold apartment located in Bukit Bintang, KL City Centre. There are 252 units available at this project with built-up from 652 sf to 1,098 sf. It was developed by Mayland Development Sdn Bhd with a launch price at around RM1,800 psf, and was completed in about 2018.
Mayland Development Sdn Bhd is a big-scale real estate organization held privately, and it has constructed around 27 real estate projects in Malaysia. Other similar projects by the same developer are Mayfair, Maytower, Palazio, Parc Regency, Prima Regency, Regalia, Royal Domain, Royal Regent, Sri Putramas and Windsor.
This apartment has many amenities nearby, for example universities, metro transport stations, hospitals and schools. The following are some main universities here:
- Berjaya College
- Berjaya Tvet College
- Berjaya University College
- Inti International College KL
- University Of Nottingham Teaching Centre
- YTL International College Of Hotel Management
As for metro transport stations, there are MRT Tun Razak Exchange, Monorail Imbi and Monorail Raja Chulan. There are also some hospitals here, i.e. Beverly Wilshire Medical Centre and Prince Court Medical Centre.
Lastly, the schools here are SMK (P) Bandaraya and Sub International School.
The current market prices for Dorsett Residences are from RM1,300,000 to RM2,200,000 (about RM1,990 psf); while the monthly rentals are from RM4,000 to RM6,100 (about RM6.13 psf). The highest median price psf ever recorded was RM2,083 psf in Q1 2019; while the lowest one was RM1,800 psf in Q1 2016.
The current rental yield of Dorsett Residences is around 3.69%, compared to 3.69% a year ago in Q3 2018. The highest rental yield ever recorded was 3.91% in Q4 2018; while the lowest one was 3.21% in Q1 2019. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Dorsett Residences is 1-bedroom / 652 sf with a median price of RM1,990 psf. For price wise, the most expensive one is 2-bedroom / 948 sf with a median price of RM2,240 psf; while the cheapest one is 2-bedroom / 1,098 sf with a median price of RM1,820 psf.
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