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 8,998 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.
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:
- 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 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 rental yield of Pavilion is 4.64% 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 RM2,140 psf. For price wise, the most expensive one is 1-bedroom / 1,087 sf with a median price of RM2,200 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 8,998 sf with a median rental of RM6.50 psf.
Latest Pavilion for sale listings:
| Date | Type | Built-up | Price |
|---|---|---|---|
| 06-Feb-20 | Condominium | 450 sf | RM710,000 |
| 29-Jan-20 | Condominium | 747 sf | RM2,400,000 |
| 29-Jan-20 | Condominium | 718 sf | RM2,300,000 |
| 29-Jan-20 | Condominium | 747 sf | RM2,470,000 |
| 29-Jan-20 | Condominium | 1,195 sf | RM3,000,000 |
| 29-Jan-20 | Condominium | 1,509 sf | RM2,550,000 |
| 29-Jan-20 | Condominium | 1,509 sf | RM2,680,000 |
| 29-Jan-20 | Condominium | 2,645 sf | RM4,230,000 |
| 29-Jan-20 | Condominium | 2,645 sf | RM5,025,500 |
| 29-Jan-20 | Condominium | 2,013 sf | RM3,422,100 |
Latest Pavilion for rent listings:
| Date | Type | Built-up | Rental |
|---|---|---|---|
| Today | Condominium | 718 sf | RM5,000 |
| 17-Feb-20 | Condominium | 2,645 sf | RM16,000 |
| 10-Feb-20 | Condominium | 747 sf | RM4,500 |
| 09-Feb-20 | Condominium | 1,078 sf | RM7,999 |
| 04-Feb-20 | Office | 2,531 sf | RM20,248 |
| 03-Feb-20 | Condominium | 836 sf | RM5,500 |
| 03-Feb-20 | Condominium | 718 sf | RM4,500 |
| 03-Feb-20 | Condominium | 747 sf | RM5,500 |
| 02-Feb-20 | Condominium | 718 sf | RM5,000 |
| 02-Feb-20 | Condominium | 836 sf | RM6,000 |