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 47 real estate projects in Malaysia. Other similar projects by the same developer are Bangsar South, Desa Green, Le Yuan Residence, Prima Setapak, Scenaria, Sentul Village, South View, Southbank Residence, The Park Residences and UOA Business Park.

Property Type
SOHO
Land Tenure
Freehold
Built-up
753 sf - 1,031 sf
Market Price
RM850,000 - RM1,270,000
Density
310 Units
Completed In
2013
Developer
UOA Development Bhd
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 RM850,000 to RM1,270,000 (about RM1,130 psf); while the monthly rentals are from RM3,100 to RM6,300 (about RM4.07 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 4.2%, compared to 4.0% a year ago in Q4 2017. 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 RM1,130 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 RM1,130 psf.

Latest Binjai 8 for sale listings:

DateTypeBuilt-upPrice
26-Nov-18Condominium450 sfRM660,000
23-Nov-18Office1,050 sfRM1,250,000
23-Nov-18SOHO1,031 sfRM1,500,000
23-Nov-18Office1,387 sfRM1,450,000
23-Nov-18Office1,387 sfRM2,100,000
23-Nov-18Office1,033 sfRM1,290,000
17-Nov-18Condominium761 sfRM858,000
17-Nov-18Condominium753 sfRM859,000
17-Nov-18Condominium1,031 sfRM1,267,000
17-Nov-18Condominium761 sfRM815,000

Latest Binjai 8 for rent listings:

DateTypeBuilt-upRental
TodayCondominium600 sfRM2,600
TodayCondominium770 sfRM2,700
TodayCondominium761 sfRM2,600
TodayCondominium600 sfRM2,800
TodayCondominium1,031 sfRM3,800
TodayCondominium747 sfRM3,300
TodayCondominium754 sfRM3,000
TodayCondominium600 sfRM2,000
YesterdayCondominium761 sfRM2,600
YesterdayCondominium-NA-RM3,250