Menara Bukit Ceylon, Bukit Ceylon

Menara Bukit Ceylon is a freehold condominium that is located in Bukit Ceylon, Bukit Bintang. There are 88 units available at this condominium with built-up from 1,356 sf to 1,570 sf. It was developed by Tan & Tan Developments Bhd, and was completed in around 1993.

Tan & Tan Developments Bhd is a large-sized real estate company listed on KLSE, and it has constructed around 35 real estate projects in Malaysia. Other similar projects by the same developer are Cendana Condominium, Desa Angkasa, Desa Kudalari, G Residence, Hampshire Park, Hampshire Place, One Jelatek, Seri Maya, Stonor 3 and Three28 Tun Razak.

Property Type
Condominium
Land Tenure
Freehold
Built-up
1,356 sf - 1,570 sf
Market Price
RM710,000 - RM860,000
Total Units
88 Units
Completion Date
1993
Launch Price
-NA-

This condominium has some amenities nearby, for example universities, transit stations, schools and hospitals. The following are some of the major universities here:

As for transit stations, there are LRT Plaza Rakyat, LRT/Monorail Hang Tuah, MRT Merdeka, Monorail Bukit Nanas, Monorail Imbi, Monorail Raja Chulan and Monorail/MRT Bukit Bintang. There are also some schools here, i.e. Confucian Private Secondary School, Ouch Creative School, SJK (C) Jalan Davidson, SK (L) Methodist, SM Stella Maris and SMK Convent Bukit Nanas.

Lastly, the hospitals here are Chinese Maternity Hospital, Hospital Bersalin Cina, Santaria Medical, Tung Shin Hospital and Tung Shin Hospital Chinese Medical Division.

The current rental yield of Menara Bukit Ceylon is around 4.68%, compared to 4.39% a year ago in Q2 2022. The highest rental yield ever recorded was 5.7% in Q1 2015; while the lowest one was 3.82% in Q2 2016. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at Menara Bukit Ceylon is 2-bedroom / 1,570 sf with a median price of RM550 psf. For price wise, the most expensive one is 2-bedroom / 1,500 sf with a median price of RM570 psf; while the cheapest one is 3-bedroom / 1,420 sf with a median price of RM510 psf.

Latest Menara Bukit Ceylon sale listings:

DateProperty TypeBuilt-upPrice
5 Mar 2024Condominium1,356 sfRM760,000
22 Feb 2024Condominium1,410 sfRM740,000
22 Feb 2024Condominium1,570 sfRM785,000
29 Jan 2024Condominium1,500 sfRM790,000
24 Jan 2024Condominium1,521 sfRM700,000
7 Jan 2024Condominium1,422 sfRM608,000
9 Jan 2024Condominium1,450 sfRM780,000
28 Dec 2023Condominium1,410 sfRM770,000
20 Dec 2023Condominium1,422 sfRM608,000
22 Dec 2023Condominium1,442 sfRM608,000

Latest Menara Bukit Ceylon rental listings:

DateProperty TypeBuilt-upRental
1 Mar 2024Condominium1,500 sfRM3,800
9 Mar 2024Condominium1,450 sfRM2,800
15 Feb 2024Condominium1,550 sfRM3,200
2 Jan 2024Condominium1,356 sfRM3,200
1 Jan 2024Condominium1,500 sfRM3,000
27 Nov 2023Apartment Room-NA-RM300
8 Nov 2023Condominium1,450 sfRM3,000
18 Oct 2023Condominium1,450 sfRM3,000
14 Oct 2023Condominium1,570 sfRM3,200
11 Oct 2023Condominium1,570 sfRM3,200
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