Maytower, Dang Wangi

Maytower (also known as Silka Maytower) is a freehold apartment located in Dang Wangi, KL City Centre. There are 537 units available at this project with built-up from 351 sf to 493 sf. It was developed by Mayland Development Sdn Bhd with a launch price of around RM480 psf, and was completed about Q1 2007.

Mayland Development Sdn Bhd is a large-sized real estate organization held privately, and it has undertaken around 27 real estate projects in Malaysia. Other similar projects by the same developer are Dorsett Residences, Palazio, Parc Regency, Parkview, Prima Regency, Regalia, Royal Domain, Royal Regent, Sri Putramas and Windsor.

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

• Astin College
• Cosmopoint International College University
• Edutrain College
• Elite International College
• Ihm College
• KL Metropolitan University College
• Queens College KL
• Segi College KL
• Universiti KL
• Universiti KL Malaysian Institute Of Information Technology (Unikl Miit)

As for metro transport stations, there are Komuter Bank Negara, LRT Bandaraya, LRT Dang Wangi, LRT Masjid Jamek, LRT Sultan Ismail, Monorail Bukit Nanas and Monorail Medan Tuanku. There are also some schools here, e.g. Dignagor High School, SJK (C) Chung Kwok and SMK Convent Bukit Nanas.

The current rental yield of Maytower is around 4.67%, compared to 6.21% a year ago in Q3 2019. The highest rental yield ever recorded was 6.77% in Q1 2011; while the lowest one was 4.39% in Q3 2017. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at Maytower is Studio / 351 sf with a median price of RM870 psf. For price wise, the most expensive one is Studio / 351 sf with a median price of RM870 psf; while the cheapest one is Studio / 439 sf with a median price of RM750 psf.

Latest Maytower for sale listings:

Latest Maytower for rent listings: