Berjaya Central Park, KLCC

Berjaya Central Park is a freehold integrated office, residential & retail hub located in KLCC, KL City Centre. It comprises Menara Bangkok Bank and The Ritz-Carlton Residences. There are 288 apartment units available at this project with built-up from 1,023 sf to 2,142 sf for apartment units and 775 sf to 3,000 sf for offices. It was developed by Berjaya Land Bhd with a launch price of about RM2,500 psf for apartment units, and was completed around 2017.

Berjaya Land Bhd is a very big-scale property developer listed on Bursa Malaysia, and it has developed about 48 property projects in Malaysia. Other similar projects by the same developer are Anjung Hijau, Arena Green, Berjaya Park, Bukit OUG Condominium, Bukit Seputeh, Green Avenue, Petaling Indah, Savanna, Subang Heights and The Link 2.

This integrated office, residential & retail hub has many amenities nearby, i.e. universities, metro transport stations, hospitals and schools. The following are some of the main universities here:

• Erican College (KLCC Campus)
• Institute Of Research And Postgraduate Studies Universiti KL City Campus
• Inti International College KL
• Premier College
• Queens College KL
• Universiti KL
• University Of Wolverhampton
• Yes International College (fka Yes Academy)

As for metro transport stations, there are LRT Dang Wangi, LRT KLCC, LRT Kampung Baru, Monorail Bukit Nanas, Monorail Medan Tuanku and Monorail Raja Chulan. There are also some hospitals here, for example Al Islam Specialist Hospital, Specialist Hospital Al Islam and Twin Towers Medical Center.

Lastly, the schools here are French Culinary School In Asia, SMK Convent Bukit Nanas and SMK Puteri Wilayah.

The current market prices for Berjaya Central Park are from RM2,480,000 to RM4,820,000 (about RM2,420 psf) for apartment units and RM1,380,000 to RM4,950,000 (about RM1,780 psf) for offices; while the monthly rentals are from RM8,000 to RM17,500 (about RM6.88 psf) for apartment units and RM4,500 to RM19,800 (about RM5.21 psf) for offices. The highest median price psf ever recorded was RM2,649 psf in Q1 2015 (Apartment) and RM1,650 psf in Q2 2019 (Office); while the lowest one was RM2,353 psf in Q2 2019 (Apartment) and RM1,273 psf in Q3 2015 (Office).

The current rental yield of Berjaya Central Park is 4.38% for apartment units and 5.09% for offices. The highest rental yield ever recorded was 4.38% in Q2 2019 (Apartment) and 5.56% in Q1 2019 (Office); while the lowest one was 3.47% in Q3 2018 (Apartment) and 4.85% in Q2 2018 (Office). Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at Berjaya Central Park for apartment units is 1-bedroom / 1,023 sf with a median price of RM2,420 psf. For price wise, the most expensive one is 1-bedroom / 1,163 sf with a median price of RM2,490 psf; while the cheapest one is 3-bedroom / 2,142 sf with a median price of RM2,250 psf.

Meanwhile, the most popular layout and size combination at Berjaya Central Park for offices is 775 sf with a median price of RM1,780 psf. For price wise, the most expensive one is 775 sf with a median price of RM1,780 psf; while the cheapest one is 2,000 sf with a median price of RM1,300 psf.

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