Parkview (also known as Parkview Service Apartment) is a freehold apartment located in KLCC, KL City Centre.The built-up available at this project is 500 sf to 615 sf. It was developed by Mayland Development Sdn Bhd with a launch price at around RM680 psf, and was completed in about End 2006.
Mayland Development Sdn Bhd is a large real estate organization held privately, and it has constructed around 26 real estate projects in Malaysia. Other similar projects by the same developer are Maytower, Palazio, Parc Regency, Prima Regency, Puncak Prima, Regalia, Royal Domain, Royal Regent, Sri Putramas and Windsor.
This apartment has many amenities nearby, for example universities, metro transport stations, schools and hospitals. The following are some main universities here:
- Erican College (KLCC Campus)
- Institute Of Research And Postgraduate Studies Universiti KL City Campus
- Inti International College KL
- Optopreneur College
- Premier 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 Raja Chulan. There are also some schools here, i.e. French Culinary School In Asia and SMK Convent Bukit Nanas.
The current market prices for Parkview are from RM550,000 to RM630,000 (about RM1,020 psf); while the monthly rentals are from RM2,100 to RM2,300 (about RM4.27 psf). The highest median price psf ever recorded was RM1,219 psf in Q4 2014; while the lowest one was RM680 psf in Q1 2004.
The current rental yield of Parkview is around 4.88%, compared to 6.13% 2 years ago in Q4 2017. The highest rental yield ever recorded was 8.34% in Q2 2009; while the lowest one was 3.89% in Q1 2017. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Parkview is 1-bedroom / 615 sf with a median price of RM1,020 psf. For price wise, the most expensive one is Studio / 500 sf with a median price of RM1,100 psf; while the cheapest one is 1-bedroom / 610 sf with a median price of RM1,020 psf.
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