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 Residences, Menara Khuan Choo, 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 9,859 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 and Pavilion Embassy.
This integrated office, residential & retail hub has many amenities nearby, such as universities, metro transport stations, hospitals and schools. The following are some of the major 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, e.g. Prince Court Medical Centre and Twin Towers Medical Center.
The current rental yield of Pavilion is 3.65% for apartment units. The highest rental yield ever recorded was 4.89% in Q3 2011 (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:
The most popular layout and size combination at Pavilion for apartment units is 2-bedroom / 1,307 sf with a median price of RM2,100 psf. For price wise, the most expensive one is 3-bedroom / 2,195 sf with a median price of RM2,190 psf; while the cheapest one is 3-bedroom / 2,013 sf with a median price of RM1,640 psf.
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 RM19.20 psf; while the cheapest one is 9,859 sf with a median rental of RM7.00 psf.
Latest Pavilion for sale listings:
| Date | Type | Built-up | Price |
|---|---|---|---|
| Yesterday | Condominium | 1,184 sf | RM2,300,000 |
| Yesterday | Condominium | 2,195 sf | RM4,280,000 |
| Yesterday | Condominium | 1,307 sf | RM2,700,000 |
| Yesterday | Condominium | 1,307 sf | RM2,500,000 |
| Yesterday | Condominium | 2,195 sf | RM4,100,000 |
| Yesterday | Condominium | 1,076 sf | RM2,300,000 |
| Yesterday | Condominium | 2,195 sf | RM4,300,000 |
| Yesterday | Condominium | 1,076 sf | RM2,100,000 |
| Yesterday | Condominium | -NA- | RM2,330,000 |
| Yesterday | Condominium | 1,076 sf | RM1,980,000 |
Latest Pavilion for rent listings:
| Date | Type | Built-up | Rental |
|---|---|---|---|
| 28-Mar-20 | Condominium | 718 sf | RM5,000 |
| 14-Mar-20 | Condominium | 2,195 sf | RM12,000 |
| 14-Mar-20 | Condominium | 2,400 sf | RM11,000 |
| 14-Mar-20 | Condominium | 2,680 sf | RM16,000 |
| 09-Mar-20 | Retail | 4,000 sf | RM13,800 |
| 09-Mar-20 | Office | 2,000 sf | RM17,000 |
| 09-Mar-20 | Office | 9,000 sf | RM76,500 |
| 09-Mar-20 | Office | 9,859 sf | RM73,943 |
| 09-Mar-20 | Office | 4,442 sf | RM33,315 |
| 09-Mar-20 | Office | 9,859 sf | RM69,013 |