The Meritz, KLCC

The Meritz is a freehold apartment located in KLCC, KL City Centre. There are 110 units available at this project with built-up from 1,076 sf to 1,410 sf. It was developed by Wing Tai Malaysia Bhd (fka DNP Holdings) with a launch price of around RM750 psf, and was completed about Apr 2008.

Wing Tai Malaysia Bhd (fka DNP Holdings) is a mid-sized real estate company listed on KLSE, and it has undertaken around 14 real estate projects in Malaysia. Other similar projects by the same developer are Kondominium 8, Lanson Place, Le Nouvel, Mahkota Impian, Nobleton Crest, Scotland Park and Verticas Residensi.

Property Type
Apartment
Land Tenure
Freehold
Built-up
1,076 sf - 1,410 sf
Market Price
RM1,300,000 - RM1,620,000
Density
110 Units
Completed In
Apr 2008
Launch Price
About RM750 psf

This apartment has many amenities nearby, such as universities, metro transport stations, hospitals and schools. The following are some of the major universities here:

As for metro transport stations, there are LRT Ampang Park, LRT KLCC and LRT Kampung Baru.

The current market prices for The Meritz are from RM1,300,000 to RM1,620,000 (about RM1,110 psf); while the monthly rentals are from RM4,300 to RM4,500 (about RM3.18 psf). The highest median price psf ever recorded was RM1,376 psf in Q1 2015; while the lowest one was RM750 psf in Q1 2006.

The current rental yield of The Meritz is around 4.5%, compared to 4.43% a year ago in Q2 2018. The highest rental yield ever recorded was 8.16% in Q4 2009; while the lowest one was 3.6% in Q1 2019. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at The Meritz is 2-bedroom / 1,357 sf with a median price of RM1,110 psf. For price wise, the most expensive one is 2-bedroom / 1,076 sf with a median price of RM1,210 psf; while the cheapest one is 2-bedroom / 1,357 sf with a median price of RM1,110 psf.

Latest The Meritz for sale listings:

DateTypeBuilt-upPrice
12-Aug-19Condominium1,076 sfRM1,200,000
28-May-19Condominium1,357 sfRM1,480,000
13-May-19Condominium3,283 sfRM4,150,000
25-Mar-19Condominium1,357 sfRM1,390,000
03-Mar-19Condominium1,357 sfRM1,500,000
16-Feb-19Condominium1,357 sfRM1,480,000
09-Feb-19Condominium1,076 sfRM1,650,000
18-Jan-19Condominium1,076 sfRM1,180,000
18-Jan-19Condominium1,380 sfRM1,400,000
12-Jan-19Condominium3,283 sfRM4,150,000

Latest The Meritz for rent listings:

DateTypeBuilt-upRental
30-Jul-19Condominium3,025 sfRM7,500
30-Jul-19Condominium1,529 sfRM6,000
29-Jul-19Condominium1,076 sfRM4,500
27-Jul-19Condominium3,260 sfRM15,000
20-Jul-19Condominium1,357 sfRM4,300
04-Jul-19Condominium1,357 sfRM4,200
03-Jul-19Condominium1,357 sfRM4,200
02-Jul-19Condominium1,130 sfRM4,500
02-Jul-19Condominium3,300 sfRM15,000
07-Jun-19Condominium1,076 sfRM4,500

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