Binjai 8, KLCC

Binjai 8 is a freehold SOHO building located in KLCC, KL City Centre. There are 310 units available at this project with built-up from 753 sf to 1,031 sf. It was developed by UOA Development Bhd with a launch price of around RM840 psf, and was completed about 2013.

UOA Development Bhd is a very big-sized real estate company listed on KLSE, and it has undertaken around 53 real estate projects in Malaysia. Other similar projects by the same developer are Bangsar South, Desa Green, Le Yuan Residence, Prima Setapak, Scenaria, South View, Southbank Residence, The Park Residences, The Vertical and Vertical Business Suites.

Property Type
SOHO
Land Tenure
Freehold
Built-up
753 sf - 1,031 sf
Market Price
RM840,000 - RM1,270,000
Density
310 Units
Completed In
2013
Launch Price
About RM840 psf

This SOHO building has many amenities nearby, such as universities, hospitals, metro transport stations and schools. The following are some of the major universities here:

As for hospitals, there are ALPS Medical Centre, HSC Medical Center and Twin Towers Medical Center. There are also some metro transport stations here, e.g. LRT Ampang Park and LRT KLCC.

The current market prices for Binjai 8 are from RM840,000 to RM1,270,000 (about RM1,120 psf); while the monthly rentals are from RM3,000 to RM5,500 (about RM4.02 psf). The highest median price psf ever recorded was RM1,358 psf in Q3 2010; while the lowest one was RM1,000 psf in Q4 2010.

The current rental yield of Binjai 8 is around 4.25%, compared to 4.13% a year ago in Q1 2018. The highest rental yield ever recorded was 5.91% in Q4 2012; while the lowest one was 4.0% in Q4 2017. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at Binjai 8 is 1-bedroom / 761 sf with a median price of RM1,120 psf. For price wise, the most expensive one is 2-bedroom / 1,031 sf with a median price of RM1,230 psf; while the cheapest one is 1-bedroom / 753 sf with a median price of RM1,120 psf.

Latest Binjai 8 for sale listings:

DateTypeBuilt-upPrice
26-Mar-19Condominium753 sfRM775,000
25-Mar-19Condominium753 sfRM850,000
19-Mar-19Office753 sfRM750,000
13-Mar-19Condominium1,387 sfRM1,400,000
13-Mar-19Condominium1,347 sfRM1,950,000
12-Mar-19Condominium753 sfRM750,000
12-Mar-19Condominium753 sfRM850,000
06-Mar-19Office1,050 sfRM1,250,000
03-Mar-19Condominium1,410 sfRM2,100,000
03-Mar-19Condominium1,033 sfRM1,350,000

Latest Binjai 8 for rent listings:

DateTypeBuilt-upRental
17-Apr-19Office1,347 sfRM5,200
17-Apr-19Office1,347 sfRM8,500
15-Apr-19Condominium600 sfRM5,000
13-Apr-19Condominium600 sfRM2,400
13-Apr-19Condominium1,031 sfRM4,500
13-Apr-19Condominium700 sfRM3,200
12-Apr-19Condominium3,300 sfRM2,750
11-Apr-19Condominium747 sfRM3,200
11-Apr-19Condominium1,031 sfRM4,200
08-Apr-19Condominium735 sfRM2,800