Menara Centara, Chow Kit

Menara Centara (also known as Centara Tower) is a freehold 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, Menara Liberty, Menara Mara, Menara Raja Laut, Menara TH Perdana, Menara Tima, Wisma Safuan and Wisma Sime Darby.

Property Type
Office Building
Land Tenure
Freehold
Built-up
667 sf - 2,238 sf
Market Price
RM510,000 - RM1,230,000
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 3.85%, compared to 4.34% 3 years ago in Q2 2018. The highest rental yield ever recorded was 6.3% in Q1 2020; while the lowest one was 3.85% in Q1 2021. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at Menara Centara is 667 sf with a median price of RM760 psf. For price wise, the most expensive one is 667 sf with a median price of RM760 psf; while the cheapest one is 1,991 sf with a median price of RM490 psf.

Latest Menara Centara for sale listings:

DateTypeBuilt-upPrice
20 Sep 2021Office850 sfRM440,000
14 Jun 2021Office850 sfRM480,000
18 Mar 2021Office818 sfRM695,600
18 Feb 2021Office3,121 sfRM2,340,750
14 Feb 2021Office667 sfRM530,000
31 Jan 2021Office1,076 sfRM700,000
4 Jan 2021Office850 sfRM480,000
15 Nov 2020Office667 sfRM530,000

Latest Menara Centara for rent listings:

DateTypeBuilt-upRental
20 Nov 2021Office1,163 sfRM2,900
27 Oct 2021Office1,227 sfRM2,400
27 Oct 2021Office1,227 sfRM2,400
27 Sep 2021Office1,076 sfRM3,000
28 Jun 2021Office1,227 sfRM2,400
27 Jun 2021Office1,076 sfRM3,000
27 Jun 2021Office1,076 sfRM3,000
19 May 2021Office883 sfRM2,800
21 Apr 2021Office913 sfRM2,800
21 Apr 2021Office1,733 sfRM5,200
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