Menara Centara, Chow Kit

Menara Centara (also known as Centara Tower) is an office building located in Chow Kit, KL City Centre.The built-up available at this project is 667 sf to 2,238 sf. Other neighbouring projects nearby here are Bangunan LPPKN, Bangunan Liew Ping, Maju Tower, Medan Mara, Menara Liberty, Menara Mara, Menara TH Perdana, Menara Tima, Wisma Safuan and Wisma Sime Darby.

Property Type
Office Building
Land Tenure
-NA-
Built-up
667 sf - 2,238 sf
Market Price
RM490,000 - RM1,520,000
Density
-NA-
Completed In
-NA-
Developer
-NA-
Launch Price
-NA-

This office building has many amenities nearby, such as universities, metro transport stations, schools and hospitals. The following are some of the major universities here:

As for metro transport stations, there are Komuter Bank Negara, Komuter Putra, LRT Bandaraya, LRT Dang Wangi, LRT PWTC, LRT Sultan Ismail, Monorail Chow Kit and Monorail Medan Tuanku. There are also some schools here, e.g. Batu Road School, SJK (C) Chung Kwok, SK (P) Jalan Batu and Spectrum International Islamic School KL.

Lastly, the hospitals here are Al Islam Specialist Hospital, Damai Service Hospital HQ and Specialist Hospital Al Islam.

The current rental yield of Menara Centara is around 4.05%, compared to 5.2% 3 years ago in Q1 2016. The highest rental yield ever recorded was 5.36% in Q3 2018; while the lowest one was 4.05% in Q1 2019. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at Menara Centara is 667 sf with a median price of RM730 psf. For price wise, the most expensive one is 1,055 sf with a median price of RM960 psf; while the cheapest one is 1,991 sf with a median price of RM550 psf.

Latest Menara Centara for sale listings:

DateTypeBuilt-upPrice
29-Mar-20Office1,990 sfRM985,000
24-Mar-20Office2,238 sfRM1,240,000
24-Mar-20Office1,991 sfRM984,600
23-Mar-20Office2,238 sfRM1,240,000
23-Mar-20Office1,991 sfRM984,600
23-Mar-20Office1,991 sfRM984,600
23-Mar-20Office2,238 sfRM1,240,000
27-Mar-20Office2,238 sfRM1,240,000
26-Mar-20Office1,991 sfRM984,600
07-Mar-20Office667 sfRM510,000

Latest Menara Centara for rent listings:

DateTypeBuilt-upRental
12-Nov-19Office1,055 sfRM2,500
12-Nov-19Office2,200 sfRM6,500
02-Sep-19Office2,239 sfRM4,000
02-Sep-19Office1,991 sfRM3,500
02-Sep-19Office2,331 sfRM9,000
02-Aug-19Office2,200 sfRM6,500
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