Pavilion, Bukit Bintang, KL City Centre
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 718 sf to 5,743 sf for condominium units, 1,300 sf to 4,000 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 office, residential & retail hub has many amenities nearby, such as universities, transit stations and hospitals. The following are some of the major universities here:
- Berjaya University College
- Interamerican University
- Inti International College KL
- University Of Nottingham Teaching Centre
- YTL International College Of Hotel Management
As for transit stations, there are MRT Conlay, 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 Centre.
The current rental yield of Pavilion is 3.52% for condominium units. The highest rental yield ever recorded was 4.8% in Q1 2015 (condominium); while the lowest one was 3.09% in Q3 2020 (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 RM1,950 psf. For price wise, the most expensive one is Studio / 718 sf with a median price of RM3,300 psf; while the cheapest one is 3-bedroom / 2,645 sf with a median price of RM1,510 psf.
Meanwhile, the most popular layout and size (built-up) combination at Pavilion for retail units is 4,000 sf with a median rental of RM3.00 psf. For rental wise, the most expensive one is 1,300 sf with a median rental of RM34.62 psf; while the cheapest one is 4,000 sf with a median rental of RM3.00 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 for sale listings:
| Date | Type | Built-up | Price |
|---|---|---|---|
| Today | Condominium | 747 sf | RM2,300,000 |
| 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 |
| 7 Jan 2022 | Condominium | 1,065 sf | RM1,800,000 |
| 9 Jan 2022 | Condominium | 1,662 sf | RM3,158,000 |
| 7 Jan 2022 | Condominium | 1,184 sf | RM2,600,000 |
| 5 Jan 2022 | Condominium | 3,394 sf | RM5,900,000 |
| 4 Jan 2022 | Condominium | 2,405 sf | RM6,200,000 |
| 4 Jan 2022 | Condominium | 1,195 sf | RM2,500,000 |
Latest Pavilion for rent listings:
| Date | Type | Built-up | Rental |
|---|---|---|---|
| Today | Condominium | 747 sf | RM4,600 |
| 16 Jun 2022 | Shop-Office | -NA- | RM850 |
| 17 Jun 2022 | Commercial Room | -NA- | RM950 |
| 16 Jun 2022 | Condominium | 718 sf | RM4,400 |
| 16 May 2022 | Condominium | 836 sf | RM4,800 |
| 23 Apr 2022 | Condominium | 2,005 sf | RM3,000 |
| 26 Apr 2022 | Condominium | 2,008 sf | RM2,000 |
| 22 Jan 2022 | Condominium | 1,195 sf | RM5,500 |
| 10 Jan 2022 | Office | 220 sf | RM5,000 |
| 5 Jan 2022 | Condominium | 3,394 sf | RM10,500 |