The Ridge, KL East Mall

The Ridge (also known as The Ridge @ KL East & formerly known as Quarza Residence) is a freehold condominium that is located in KL East Mall, Taman Melawati. The built-up available at this condominium is 651 sf to 865 sf. It was developed by Sime Darby Property Bhd, and was completed in about 2019.

Sime Darby Property Bhd is a gigantic property developer listed on Bursa Malaysia, and it has built about 302 property projects in Malaysia. Other similar projects by the same developer are 3 Residen, Isola, Lafite Apartment, Serini, Seruling Apartmen, Starville, Subang Avenue, The Veo, Tropika Paradise and Vista Mahogani.

Property Type
Condominium
Land Tenure
Freehold
Built-up
651 sf - 865 sf
Market Price
RM590,000 - RM800,000
Total Units
-NA-
Completion Date
2019
Launch Price
-NA-

The only amenities nearby this condominium are some schools. Several of the schools here include SK Taman Melati and SMK Taman Melati.

The current rental yield of The Ridge is around 3.86%, compared to 2.7% a year ago in Q1 2023. The highest rental yield ever recorded was 4.27% in Q4 2023; while the lowest one was 2.7% in Q1 2023. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at The Ridge is 2-bedroom / 865 sf with a median price of RM920 psf. For price wise, the most expensive one is 2-bedroom / 865 sf with a median price of RM920 psf; while the cheapest one is Studio / 651 sf with a median price of RM910 psf.

Latest The Ridge sale listings:

DateProperty TypeBuilt-upPrice
26 Sep 2024Condominium865 sfRM700,000
25 Sep 2024Condominium651 sfRM490,000
25 Sep 2024Condominium865 sfRM700,000
27 Jul 2024Condominium865 sfRM740,000
28 Jul 2024Condominium865 sfRM740,000
16 Jul 2024Condominium865 sfRM740,000
27 Jun 2024Condominium865 sfRM780,000
11 Jun 2024Condominium850 sfRM765,000
6 Jun 2024Condominium850 sfRM765,000
31 May 2024Condominium850 sfRM765,000

Latest The Ridge rental listings:

DateProperty TypeBuilt-upRental
15 Sep 2024Condominium850 sfRM3,000
28 Aug 2024Apartment865 sfRM3,500
6 Sep 2024Condominium865 sfRM3,500
5 Sep 2024Condominium865 sfRM3,500
24 Jul 2024Condominium860 sfRM2,800
24 Jul 2024Condominium860 sfRM2,800
23 Jul 2024Condominium980 sfRM3,000
23 Jul 2024Condominium860 sfRM2,800
25 Jun 2024Condominium850 sfRM2,500
21 Jun 2024Condominium865 sfRM3,500
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