Menara 1, KL Eco City

Menara 1 (also known as The Strata Offices) is a leasehold office building located in KL Eco City, Mid Valley City.The built-up available at this project is 1,035 sf to 1,459 sf. It was developed by SP Setia Bhd, and was completed in about 2018.

SP Setia Bhd is a huge real estate company listed on KLSE, and it has constructed around 344 real estate projects in Malaysia. Other similar projects by the same developer are Aspire Tower, Menara 2, Menara 3, Menara 3A, Mercu 2, Mercu 3 and Setia Corporate Tower.

Property Type
Office Building
Land Tenure
Leasehold
Built-up
1,035 sf - 1,459 sf
Market Price
RM1,240,000 - RM1,820,000
Density
-NA-
Completed In
2018
Developer
Launch Price
-NA-

This office building has many amenities nearby, for example metro transport stations, schools, hospitals and universities. The following are some main metro transport stations here:

As for schools, there are SK Bangsar, SRA Masjid Abu Bakr As Siddiq and Sri Dasmesh International School. There are also some hospitals here, i.e. Pantai Hospital KL and Park City Medical Centre.

The current rental yield of Menara 1 is around 3.48%, compared to 3.44% a year ago in Q3 2019. The highest rental yield ever recorded was 3.63% in Q1 2020; while the lowest one was 2.8% in Q1 2018. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at Menara 1 is 1,035 sf with a median price of RM1,200 psf. For price wise, the most expensive one is 1,459 sf with a median price of RM1,250 psf; while the cheapest one is 1,035 sf with a median price of RM1,200 psf.

Latest Menara 1 for sale listings:

DateTypeBuilt-upPrice
20 Nov 2020Office1,459 sfRM1,850,000
19 Nov 2020Office1,460 sfRM1,700,000
19 Nov 2020Office2,070 sfRM2,420,000
17 Nov 2020Office1,459 sfRM1,964,250
9 Nov 2020Office1,035 sfRM1,200,000
9 Nov 2020Office1,049 sfRM920,000
6 Nov 2020Office1,035 sfRM1,150,000
5 Nov 2020Office2,400 sfRM2,780,000
30 Oct 2020Office1,035 sfRM1,030,000
23 Oct 2020Office1,370 sfRM1,600,000

Latest Menara 1 for rent listings:

DateTypeBuilt-upRental
15 Nov 2020Office1,035 sfRM3,500
19 Nov 2020Office1,035 sfRM4,800
17 Nov 2020Office1,035 sfRM3,900
17 Nov 2020Office1,370 sfRM6,576
13 Nov 2020Office1,039 sfRM3,200
10 Nov 2020Office1,050 sfRM3,900
28 Oct 2020Office1,049 sfRM3,000
27 Oct 2020Office1,049 sfRM3,000
20 Oct 2020Office1,459 sfRM5,500
20 Oct 2020Office1,049 sfRM3,000
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