The Sentral Residences, KL Sentral
The Sentral Residences is a freehold apartment located in KL Sentral, KL City Centre. There are 752 units available at this project with built-up from 1,087 sf to 1,873 sf. It was developed by Malaysian Resources Corp Bhd (aka MRCB) with a launch price at around RM1,200 psf, and was completed in about Mid 2016.
Malaysian Resources Corp Bhd (aka MRCB) is a large real estate company listed on KLSE, and it has constructed around 32 real estate projects in Malaysia. Other similar projects by the same developer are Coastal Towers, Lanai Seri, Marina Tower, Sentral Suites, Suasana Sentral Condominium, Suasana Sentral Loft, The Waterfront, Twin Towers, Vivo Residences and Wangsa Heights.
This apartment has many amenities nearby, for example universities, schools, metro transport stations and hospitals. The following are some main universities here:
- Amcs College Of Medical
- Asia E University
- Brickfields Asia College KL
- Brickfields Asia College (Bac 2)
- Globalnxt University
- Management And Science University
- Methodist College KL (MCKL)
As for schools, there are Kuen Cheng High School, Mutiara International Grammar School and SMK Vivekananda. There are also some metro transport stations here, i.e. Komuter KL, MRT Muzium Negara and Monorail Tun Sambanthan.
The current market prices for The Sentral Residences are from RM1,390,000 to RM2,390,000 (about RM1,280 psf); while the monthly rentals are from RM4,000 to RM7,500 (about RM3.68 psf). The highest median price psf ever recorded was RM1,554 psf in Q4 2015; while the lowest one was RM550 psf in Q3 2010.
The current rental yield of The Sentral Residences is around 3.5%, compared to 3.3% a year ago in Q1 2018. The highest rental yield ever recorded was 3.6% in Q3 2017; while the lowest one was 3.16% in Q3 2018. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at The Sentral Residences is 1-bedroom / 1,087 sf with a median price of RM1,280 psf. For price wise, the most expensive one is 2-bedroom / 1,399 sf with a median price of RM1,350 psf; while the cheapest one is 3-bedroom / 1,873 sf with a median price of RM1,250 psf.
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