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 299 property projects in Malaysia. Other similar projects by the same developer are 3 Residen, Isola, Lafite Apartment, Oasis Serviced Suites, Serini, Seruling Apartmen, Starville, Subang Avenue, The Veo and Tropika Paradise.

Property Type
Condominium
Land Tenure
Freehold
Built-up
651 sf - 865 sf
Market Price
RM590,000 - RM890,000
Total Units
-NA-
Completion Date
2019
Launch Price
-NA-

This condominium has some amenities nearby, e.g. schools, hospitals and universities. The following are some of the main schools here:

The current rental yield of The Ridge is around 4.15%, compared to 4.27% a year ago in Q4 2022. The highest rental yield ever recorded was 4.27% in Q4 2022; 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 / 651 sf with a median price of RM1,370 psf; while the cheapest one is Studio / 651 sf with a median price of RM910 psf.

Latest The Ridge sale listings:

DateProperty TypeBuilt-upPrice
12 Feb 2024Condominium850 sfRM750,000
6 Feb 2024Condominium865 sfRM780,000
4 Dec 2023Condominium651 sfRM535,000
29 Nov 2023Condominium850 sfRM780,000
23 Nov 2023Condominium650 sfRM590,000
23 Oct 2023Condominium865 sfRM900,000
21 Oct 2023Condominium865 sfRM770,000
29 Aug 2023Condominium850 sfRM780,000
22 Aug 2023Condominium651 sfRM590,000
22 Aug 2023Condominium651 sfRM600,000

Latest The Ridge rental listings:

DateProperty TypeBuilt-upRental
TodayCondominium880 sfRM2,500
12 Feb 2024Studio651 sfRM2,000
8 Feb 2024Condominium1,442 sfRM3,000
8 Feb 2024Condominium880 sfRM2,800
7 Feb 2024Condominium850 sfRM2,800
6 Feb 2024Condominium880 sfRM2,800
5 Feb 2024Condominium880 sfRM2,800
3 Feb 2024Condominium865 sfRM2,900
2 Feb 2024Condominium802 sfRM2,800
2 Feb 2024Condominium880 sfRM2,700
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