Menara SuezCap, KL Gateway
Menara SuezCap (also known as SuezCap Tower & formerly known as KL Gateway Corporate Office Tower 1) is a leasehold office building that is located in KL Gateway, Bangsar South. The built-up available at this property is 1,200 sf to 1,700 sf. It was developed by Suez Capital Sdn Bhd, and was completed in about 2018.
Suez Capital Sdn Bhd is a privately held mid-scale property development company, and it has developed about 7 property projects in Malaysia. Other similar projects by the same developer are Bangsar Hill Park, KL Gateway, KL Gateway Mall, KL Gateway Premium Residences, KL Gateway Residences and Residensi Kerinchi.
This office building has some amenities nearby, i.e. universities, schools, hospitals and transit stations. The following are some of the main universities here:
- 1st Residential College Um
- Avicenna Residential College (Sixth)
- Bangunan Peperiksaan Universiti Malaya (Utama)
- Kolej Kediaman Pertama Universiti Malaya
- Tuanku Bahiyah Residential College (2nd College)
- University Of Malaya
- University Of Malaya Visa Unit
As for schools, there are SK Bangsar, SK Methodist, SMK Seri Pantai and Sri Dasmesh International School. There are also some hospitals here, for example Cengild G.I. Medical Centre (CGI), Lifecare Diagnostic Medical Centre and Pantai Hospital Kuala Lumpur.
Lastly, the transit stations here are LRT Kerinchi and LRT Universiti.
The current rental yield of Menara SuezCap is around 6.72%, compared to 5.4% a year ago in Q4 2022. The highest rental yield ever recorded was 7.58% in Q1 2022; while the lowest one was 4.09% in Q3 2019. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Menara SuezCap is 1,200 sf with a median price of RM770 psf. For price wise, the most expensive one is 1,200 sf with a median price of RM770 psf; while the cheapest one is 1,700 sf with a median price of RM760 psf.
Latest Menara SuezCap sale listings:
| Date | Property Type | Built-up | Price |
|---|---|---|---|
| 24 Oct 2023 | Office | 1,200 sf | RM800,000 |
| 17 Oct 2023 | Retail | 1,302 sf | RM710,000 |
| 17 Oct 2023 | Retail | 1,184 sf | RM700,000 |
| 17 Oct 2023 | Retail | 12,885 sf | RM7,215,000 |
| 17 Oct 2023 | Retail | 6,071 sf | RM3,642,000 |
| 17 Oct 2023 | Retail | 6,814 sf | RM4,088,000 |
| 11 Oct 2023 | Office | 1,700 sf | RM1,250,000 |
| 11 Oct 2023 | Office | 1,700 sf | RM1,250,000 |
| 8 Oct 2023 | Office | 5,900 sf | RM5,300,000 |
| 4 Oct 2023 | Office | 11,600 sf | RM9,880,000 |
Latest Menara SuezCap rental listings:
| Date | Property Type | Built-up | Rental |
|---|---|---|---|
| 24 Oct 2023 | Office | 1,200 sf | RM5,000 |
| 23 Oct 2023 | Office | 3,400 sf | RM17,000 |
| 9 Oct 2023 | Office | 1,200 sf | RM5,200 |
| 29 Sep 2023 | Office | 3,400 sf | RM17,000 |
| 26 Sep 2023 | Office | 1,700 sf | RM6,800 |
| 26 Sep 2023 | Office | 3,400 sf | RM17,000 |
| 20 Sep 2023 | Office | 1,200 sf | RM5,200 |
| 20 Sep 2023 | Office | 1,700 sf | RM7,650 |
| 20 Sep 2023 | Office | 1,200 sf | RM5,000 |
| 14 Sep 2023 | Office | 1,700 sf | RM7,000 |