Fraser Residence, KLCC
Fraser Residence (also known as 188 Suites) is a freehold apartment located in KLCC, KL City Centre. There are 446 units available at this project with built-up from 610 sf to 1,263 sf. It was developed by YNH Property Bhd with a launch price at around RM1,000 psf, and was completed in about Mar 2013.
YNH Property Bhd is a medium-sized real estate company listed on KLSE, and it has constructed around 7 real estate projects in Malaysia. Other similar projects by the same developer are 633 Residency, Ceriaan Kiara, Fraser Place, Sfera Residence and The OOAK.
This apartment has many amenities nearby, for example universities, metro transport stations, hospitals and schools. The following are some main universities here:
- Erican College (KLCC Campus)
- Institute Of Research And Postgraduate Studies Universiti KL City Campus
- Optopreneur College
- Premier College
- Queens College KL
- The Regency College
- 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 and Monorail Medan Tuanku. There are also some hospitals here, i.e. Al Islam Specialist Hospital, Institute Pediatrik Hospital KL, 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 Fraser Residence are from RM720,000 to RM1,240,000 (about RM1,180 psf); while the monthly rentals are from RM3,000 to RM7,500 (about RM4.92 psf). The highest median price psf ever recorded was RM1,715 psf in Q2 2015; while the lowest one was RM1,000 psf in Q1 2011.
The current rental yield of Fraser Residence is around 4.78%, compared to 4.5% a year ago in Q2 2018. The highest rental yield ever recorded was 5.41% in Q3 2018; while the lowest one was 3.97% in Q4 2018. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Fraser Residence is Studio / 610 sf with a median price of RM1,180 psf. For price wise, the most expensive one is Studio / 610 sf with a median price of RM1,180 psf; while the cheapest one is 1-bedroom / 1,228 sf with a median price of RM980 psf.
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