Menara Solaris, KLCC
Menara Solaris is a freehold SOHO building located in KLCC, KL City Centre. It consists of Summer Suites and Summer VOS. There are 877 units available at this project with built-up from 493 sf. It was developed by UEM Sunrise Bhd (fka Sunrise) with a launch price of around RM700 psf, and was completed about 2015.
UEM Sunrise Bhd (fka Sunrise) is a very big-sized real estate company listed on KLSE, and it has undertaken around 59 real estate projects in Malaysia. Other similar projects by the same developer are Summer Suites and Summer VOS.
This SOHO building has many amenities nearby, such as universities, metro transport stations, hospitals and schools. The following are some of the major 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, e.g. 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 Menara Solaris are from RM500,000 (about RM1,010 psf); while the monthly rentals are from RM2,100 (about RM4.26 psf). The highest median price psf ever recorded was RM1,076 psf in Q2 2015; while the lowest one was RM700 psf in Q1 2013.
The current rental yield of Menara Solaris is around 5.09%, compared to 4.88% a year ago in Q1 2018. The highest rental yield ever recorded was 5.47% in Q3 2016; while the lowest one was 4.04% in Q3 2017. Meanwhile, the most common unit layouts and sizes available here are as follows:
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