Megan Avenue 2, KLCC

Megan Avenue 2 is a freehold office building located in KLCC, KL City Centre.The built-up available at this project is 1,765 sf to 10,226 sf. Other neighbouring projects around are Aurora Tower, Bangunan Getah Asli, Menara AmBank, Menara Le Apple, Menara Maxis, Menara PTPTN, Menara Public Bank, Wisma Equity, Wisma HB and Wisma Selangor Dredging.

Property Type
Office Building
Land Tenure
Freehold
Built-up
1,765 sf - 10,226 sf
Market Price
RM1,340,000 - RM6,950,000
Density
-NA-
Completed In
-NA-
Developer
-NA-
Launch Price
-NA-

This office building has many amenities nearby, e.g. universities, hospitals, metro transport stations and schools. The following are some universities here:

As for hospitals, there are Al Islam Specialist Hospital, Specialist Hospital Al Islam and Twin Towers Medical Center. There are also some metro transport stations here, such as LRT Ampang Park, LRT KLCC and LRT Kampung Baru.

The current market prices for Megan Avenue 2 are from RM1,340,000 to RM6,950,000 (about RM680 psf); while the monthly rentals are from RM5,100 to RM6,900 (about RM3.28 psf). The highest median price psf ever recorded was RM749 psf in Q2 2019; while the lowest one was RM500 psf in Q4 2010.

The current rental yield of Megan Avenue 2 is around 4.99%, compared to 5.04% 3 years ago in Q1 2016. The highest rental yield ever recorded was 6.65% in Q2 2012; while the lowest one was 4.44% in Q3 2015. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at Megan Avenue 2 is 2,292 sf with a median price of RM680 psf. For price wise, the most expensive one is 1,765 sf with a median price of RM790 psf; while the cheapest one is 2,142 sf with a median price of RM630 psf.

Latest Megan Avenue 2 for sale listings:

DateTypeBuilt-upPrice
03-Jun-19Office5,340 sfRM4,200,000
03-Jun-19Office1,783 sfRM1,400,000
03-Jun-19Office5,435 sfRM5,000,000
03-Jun-19Office1,830 sfRM1,150,000
28-Apr-19Office1,506 sfRM1,088,000
06-Mar-19Office5,435 sfRM5,500,000
06-Mar-19Office2,393 sfRM1,900,000
23-Feb-19Office5,340 sfRM4,200,000
23-Feb-19Office1,680 sfRM1,100,000
10-Feb-19Office1,765 sfRM1,323,000

Latest Megan Avenue 2 for rent listings:

DateTypeBuilt-upRental
10-Jun-19Office5,435 sfRM26,000
10-Jun-19Office2,393 sfRM7,200
10-Jun-19Office2,100 sfRM5,000
10-Jun-19Office5,340 sfRM25,000
09-Jun-19Office1,800 sfRM5,300
09-Jun-19Office2,090 sfRM5,000
09-Jun-19Office2,090 sfRM5,000
05-May-19Office800 sfRM4,250
05-May-19Office2,422 sfRM7,500
17-Apr-19Office1,576 sfRM5,516

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