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 1,754 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
1,754 sf - 10,226 sf
Market Price
RM1,320,000 - RM7,670,000
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 RM1,320,000 to RM7,670,000 (about RM680 psf); while the monthly rentals are from RM5,100 to RM7,200 (about RM3.28 psf). The highest median price psf ever recorded was RM749 psf in Q1 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 5.53% 5 years ago in Q1 2014. 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 10,226 sf with a median price of RM750 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
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
10-Feb-19Office2,422 sfRM1,810,000
21-Jan-19Office5,435 sfRM4,200,000
21-Jan-19Office2,422 sfRM1,647,000
06-Dec-18Office2,518 sfRM1,762,600
06-Dec-18Office2,406 sfRM700,000

Latest Megan Avenue 2 for rent listings:

DateTypeBuilt-upRental
17-Apr-19Office1,576 sfRM5,516
17-Apr-19Office1,843 sfRM6,450
17-Apr-19Office2,123 sfRM7,430
17-Apr-19Office2,123 sfRM15,638
23-Mar-19Office2,422 sfRM7,000
23-Mar-19Office2,422 sfRM7,000
23-Mar-19Office2,422 sfRM7,000
22-Mar-19Office4,629 sfRM11,570
10-Mar-19Office2,600 sfRM11,800
28-Feb-19Office5,435 sfRM26,000