Cendana Condominium, KLCC

Cendana Condominium (also known as Cendana On Sultan Ismail) is a freehold apartment located in KLCC, KL City Centre. There are 152 units available at this project with built-up from 1,986 sf. It was developed by Tan & Tan Developments Bhd with a launch price of about RM500 psf, and was completed around 2008.

Tan & Tan Developments Bhd is a big property developer listed on Bursa Malaysia, and it has developed about 35 property projects in Malaysia. Other similar projects by the same developer are Desa Angkasa, Desa Damansara, G Residence, Hampshire Park, One Jelatek, Seri Ampang Hilir, Seri Maya, Sri Murni, Stonor 3 and Three28 Tun Razak.

Property Type
Apartment
Land Tenure
Freehold
Built-up
1,986 sf
Market Price
RM1,650,000
Density
152 Units
Completed In
2008
Launch Price
About RM500 psf

This apartment has many amenities nearby, i.e. universities, metro transport stations, hospitals and schools. The following are some of the main universities here:

As for metro transport stations, there are LRT Dang Wangi, LRT KLCC, LRT Kampung Baru, Monorail Bukit Nanas and Monorail Medan Tuanku. 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 Cendana Condominium are from RM1,650,000 (about RM830 psf); while the monthly rentals are from RM5,800 (about RM2.64 psf). The highest median price psf ever recorded was RM1,007 psf in Q2 2016; while the lowest one was RM500 psf in Q1 2006.

The current rental yield of Cendana Condominium is around 4.22%, compared to 3.79% 2 years ago in Q3 2013. The highest rental yield ever recorded was 6.35% in Q1 2010; while the lowest one was 3.79% in Q3 2013. Meanwhile, the most common unit layouts and sizes available here are as follows:

Latest Cendana Condominium for sale listings:

DateTypeBuilt-upPrice
11-Dec-18Condominium2,411 sfRM1,400,000
20-Oct-18Condominium2,411 sfRM1,450,000

Latest Cendana Condominium for rent listings:

DateTypeBuilt-upRental
18-Jul-19Condominium2,300 sfRM5,500
24-May-19Room In Apartment-NA-RM1,600
16-Feb-19Condominium2,411 sfRM5,500
17-Dec-18Condominium4,520 sfRM7,000
29-Nov-18Condominium2,411 sfRM5,500

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