Seri Bukit Ceylon, Bukit Ceylon
Seri Bukit Ceylon (formerly known as Somerset Seri Bukit Ceylon) is a freehold apartment located in Bukit Ceylon, KL City Centre. There are 246 units available at this project with built-up from 640 sf to 937 sf. It was developed by United Malayan Land Bhd (aka UM Land), and was completed in about 2005.
United Malayan Land Bhd (aka UM Land) is a large 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 Seri Austin Residence, Seri Raja Chulan, Suasana Bangsar, Suasana Bukit Ceylon and Vista Seri Alam.
This apartment has many amenities nearby, for example universities, schools, metro transport stations and hospitals. The following are some main universities here:
- Berjaya Tvet College
- Berjaya University College
- Ihm College
- Inti International College KL
- Universiti Antarabangsa KL
- University Of Wolverhampton
- YTL International College Of Hotel Management
As for schools, there are Methodist Boys' Secondary School KL, Ouch Creative School, SM Stella Maris, SMK Convent Bukitt Nanas and Sub International School. There are also some metro transport stations here, i.e. LRT Plaza Rakyat, MRT Merdeka, Monorail Bukitt Nanas, Monorail Imbi and Monorail Raja Chulan.
The current market prices for Seri Bukit Ceylon are from RM630,000 to RM900,000 (about RM980 psf); while the monthly rentals are from RM2,500 to RM4,000 (about RM3.88 psf). The highest median price psf ever recorded was RM2,952 psf in Q2 2014; while the lowest one was RM725 psf in Q1 2014.
The current rental yield of Seri Bukit Ceylon is around 4.3%, compared to 4.76% 2 years ago in Q3 2017. The highest rental yield ever recorded was 7.14% in Q4 2011; while the lowest one was 1.6% in Q2 2014. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Seri Bukit Ceylon is 1-bedroom / 640 sf with a median price of RM980 psf. For price wise, the most expensive one is 1-bedroom / 640 sf with a median price of RM980 psf; while the cheapest one is 2-bedroom / 937 sf with a median price of RM960 psf.
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