Pavilion, Bukit Bintang

Pavilion (also known as Pavilion Kuala Lumpur) is a leasehold integrated office, residential & retail hub located in Bukit Bintang, KL City Centre. It consists of Banyan Tree, Pavilion Mall, Pavilion Residences, Pavilion Suites and Pavilion Tower. The built-up available at this project is 1,076 sf to 2,405 sf for apartment units and 225 sf to 3,400 sf for offices. It was developed by Pavilion Group.

Pavilion Group is a mid-sized real estate group, and it has undertaken around 13 real estate projects in Malaysia. Other similar projects by the same developer are Pavilion, Pavilion and Pavilion Embassy.

Property Type
Integrated Office, Residential & Retail
Land Tenure
Leasehold
Built-up
1,076 sf - 2,405 sf (Apartment)
225 sf - 3,400 sf (Office)
Market Price
RM2,300,000 - RM3,990,000 (Apartment)
Density
-NA-
Completed In
-NA-
Launch Price
-NA-

This integrated office, residential & retail hub has many amenities nearby, such as universities, hospitals, metro transport stations and schools. The following are some of the major universities here:

As for hospitals, there are Beverly Wilshire Medical Centre, Prince Court Medical Centre and Twin Towers Medical Center. There are also some metro transport stations here, e.g. MRT Tun Razak Exchange, Monorail Imbi and Monorail Raja Chulan.

Lastly, the schools here are SMK (P) Bandaraya and Sub International School.

The current market prices for Pavilion are from RM2,300,000 to RM3,990,000 (about RM2,140 psf) for apartment units; while the monthly rentals are from RM7,000 to RM12,000 (about RM7.18 psf) for apartment units and RM3,800 to RM25,500 (about RM7.50 psf) for offices. The highest median price psf ever recorded was RM2,200 psf in Q3 2017 (Apartment); while the lowest one was RM1,279 psf in Q3 2009 (Apartment).

The current rental yield of Pavilion is 3.38% for apartment units. The highest rental yield ever recorded was 5.7% in Q3 2009 (Apartment); while the lowest one was 2.45% in Q2 2018 (Apartment). Meanwhile, the most common unit layouts and sizes available here are as follows:

Apartment Layouts

The most popular layout and size combination at Pavilion for apartment units is 2-bedroom / 1,307 sf with a median price of RM2,140 psf. For price wise, the most expensive one is 2-bedroom / 1,307 sf with a median price of RM2,140 psf; while the cheapest one is 3-bedroom / 2,405 sf with a median price of RM1,660 psf.

Office Layouts

Lastly, the most popular layout and size combination at Pavilion for offices is 2,303 sf with a median rental of RM7.50 psf. For rental wise, the most expensive one is 250 sf with a median rental of RM24.44 psf; while the cheapest one is 500 sf with a median rental of RM7.50 psf.

Latest Pavilion for sale listings:

DateTypeBuilt-upPrice
17-Apr-19Condominium2,195 sfRM4,450,000
17-Apr-19Condominium4,236 sfRM7,680,000
07-Apr-19Condominium4,157 sfRM7,800,000
07-Apr-19Condominium2,645 sfRM4,230,000
06-Apr-19Condominium3,300 sfRM9,123,300
26-Mar-19Condominium652 sfRM312,000
26-Mar-19Condominium1,087 sfRM2,060,000
26-Mar-19Condominium1,668 sfRM3,300,000
26-Mar-19Condominium1,076 sfRM2,000,000
26-Mar-19Condominium1,668 sfRM4,170,000

Latest Pavilion for rent listings:

DateTypeBuilt-upRental
17-Apr-19Office3,297 sfRM24,000
17-Apr-19Office8,998 sfRM58,000
17-Apr-19Office2,303 sfRM17,000
17-Apr-19Office1,063 sfRM8,000
15-Apr-19Condominium718 sfRM6,500
15-Apr-19Condominium837 sfRM7,500
15-Apr-19Condominium718 sfRM7,000
15-Apr-19Condominium836 sfRM8,000
15-Apr-19Condominium1,254 sfRM12,000
15-Apr-19Condominium718 sfRM7,000