Pavilion, Bukit Bintang, KL City Centre
Pavilion (also known as Pavilion Kuala Lumpur) is a leasehold integrated mall, office & residential hub that is 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 718 sf to 5,743 sf for condominium units, 3,500 sf for retail units and 2,303 sf to 3,297 sf for offices. It was developed by Pavilion Group.
Pavilion Group is a mid-sized real estate group, and it has undertaken around 14 real estate projects in Malaysia. Other similar projects by the same developer are Pavilion and Pavilion Embassy.
This integrated mall, office & residential hub has many amenities nearby, such as universities, transit stations and hospitals. The following are some of the major universities here:
- Berjaya Tvet College
- Berjaya University College
- Interamerican University
- Inti International College Kuala Lumpur
- Universiti Nottingham Teaching Centre
- Universiti Sains Malaysia Kuala Lumpur (Sains@KL)
- YTL International College Of Hotel Management
As for transit stations, there are MRT Conlay, MRT Tun Razak Exchange, Monorail Imbi, Monorail Raja Chulan and Monorail/MRT Bukit Bintang.
The current rental yield of Pavilion is 2.49% for condominium units. The highest rental yield ever recorded was 4.8% in Q1 2015 (condominium); while the lowest one was 2.49% in Q1 2023 (condominium). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Pavilion for condominium units is 1-bedroom / 1,076 sf with a median price of RM1,840 psf. For price wise, the most expensive one is 1-bedroom / 747 sf with a median price of RM2,950 psf; while the cheapest one is 5-bedroom / 4,236 sf with a median price of RM1,530 psf.
Meanwhile, the most popular layout and size (built-up) combination at Pavilion for retail units is 3,500 sf with a median price of RM2,090 psf. For price wise, the most expensive one is 3,500 sf with a median price of RM2,090 psf; while the cheapest one is 3,500 sf with a median price of RM2,090 psf.
Lastly, the most popular layout and size (built-up) 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 3,297 sf with a median rental of RM7.50 psf; while the cheapest one is 2,303 sf with a median rental of RM7.50 psf.
Latest Pavilion sale listings:
Date | Property Type | Built-up | Price |
---|---|---|---|
17 Mar 2023 | Condominium | 2,013 sf | RM3,000,000 |
12 Mar 2023 | Condominium | 2,010 sf | RM3,000,000 |
7 Mar 2023 | Condominium | 2,013 sf | RM3,000,000 |
3 Oct 2022 | Condominium | 2,012 sf | RM3,400,000 |
13 Jul 2022 | Condominium | 1,307 sf | RM2,000,000 |
8 Jul 2022 | Condominium | 1,307 sf | RM2,000,000 |
24 Jan 2022 | Condominium | 718 sf | RM2,360,000 |
14 Jan 2022 | Condominium | 1,307 sf | RM2,000,000 |
11 Jan 2022 | Condominium | 1,307 sf | RM2,000,000 |
8 Jan 2022 | Condominium | 1,065 sf | RM1,800,000 |
Latest Pavilion rental listings:
Date | Property Type | Built-up | Rental |
---|---|---|---|
Today | Condominium | 643 sf | RM450 |
20 Mar 2023 | Condominium | 1,195 sf | RM7,500 |
19 Mar 2023 | Condominium | 718 sf | RM4,800 |
15 Mar 2023 | Condominium | 718 sf | RM4,800 |
9 Mar 2023 | Condominium | 1,307 sf | RM5,800 |
8 Dec 2022 | Condominium | 718 sf | RM4,800 |
15 Nov 2022 | Condominium | 1,307 sf | RM5,800 |
12 Nov 2022 | Shop-Office | -NA- | RM850 |
10 Nov 2022 | Commercial Room | -NA- | RM950 |
26 Oct 2022 | Master Room | -NA- | RM950 |