The Manhattan, Bukit Ceylon
The Manhattan is a freehold apartment located in Bukit Ceylon, KL City Centre. There are 139 units available at this project with built-up from 588 sf to 1,285 sf. It was developed by Peninsular Smart Sdn Bhd (aka UEL) with a launch price at about RM2,040 psf, and was completed in around 2016. Peninsular Smart Sdn Bhd (aka UEL) is a boutique property development company held privately, and it has built only this project in Malaysia.
This apartment has many amenities nearby, e.g. universities, metro transport stations, schools and hospitals. The following are some universities here:
- Berjaya Tvet College
- Berjaya University College
- Elite International College
- IHM College
- Inti International College KL
- University Of Nottingham Teaching Centre
- University Of Wolverhampton
- YTL International College Of Hotel Management
As for metro transport stations, there are LRT Dang Wangi, LRT Plaza Rakyat, Monorail Bukit Nanas, Monorail Imbi and Monorail Raja Chulan. There are also some schools here, such as French Culinary School In Asia, SM Stella Maris and SMK Convent Bukit Nanas.
Lastly, the hospitals here are Chinese Hill Maternity Hospital and Twin Towers Medical Center.
The current market prices for The Manhattan are from RM980,000 to RM2,170,000 (about RM1,420 psf); while the monthly rentals are from RM3,500 to RM5,200 (about RM5.97 psf). The highest median price psf ever recorded was RM1,700 psf in Q4 2013; while the lowest one was RM1,472 psf in Q3 2018.
The current rental yield of The Manhattan is around 4.0%. The highest rental yield ever recorded was 5.2% in Q1 2019; while the lowest one was 4.0% in Q2 2019. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at The Manhattan is 2-bedroom / 1,095 sf with a median price of RM1,420 psf. For price wise, the most expensive one is 1-bedroom / 588 sf with a median price of RM1,710 psf; while the cheapest one is 1-bedroom / 729 sf with a median price of RM1,340 psf.
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