The Pearl, KLCC
The Pearl (formerly known as Stonor 116) is a freehold apartment located in KLCC, KL City Centre. There are 179 units available at this project with built-up from 3,109 sf to 3,973 sf. It was developed by Malton Bhd with a launch price at around RM870 psf, and was completed in about Q1 2011.
Malton Bhd is a medium-sized real estate company listed on KLSE, and it has constructed around 16 real estate projects in Malaysia. Other similar projects by the same developer are Amaya Maluri, Amaya Saujana, Duta Park Residences, Nova Saujana, River Park, SK One Residence, The Cantonment and The Park.
This apartment has many amenities nearby, for example hospitals, universities and metro transport stations. The following are some main hospitals here:
- ALPS Medical Centre
- Beverly Wilshire Medical Centre
- Prince Court Medical Centre
- Twin Towers Medical Center
As for universities, there are Inti International College KL, Universities 21 Global, University Of Nottingham Teaching Centre and YTL International College Of Hotel Management. There are also some metro transport stations here, i.e. LRT Ampang Park, LRT KLCC and Monorail Raja Chulan.
The current market prices for The Pearl are from RM2,460,000 to RM4,290,000 (about RM790 psf); while the monthly rentals are from RM8,000 to RM13,000 (about RM2.57 psf). The highest median price psf ever recorded was RM1,511 psf in Q1 2015; while the lowest one was RM828 psf in Q1 2019.
The current rental yield of The Pearl is around 3.9%, compared to 4.2% a year ago in Q2 2018. The highest rental yield ever recorded was 4.52% in Q1 2016; while the lowest one was 2.68% in Q1 2015. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at The Pearl is 3-bedroom / 3,109 sf with a median price of RM790 psf. For price wise, the most expensive one is 4-bedroom / 3,973 sf with a median price of RM1,080 psf; while the cheapest one is 3-bedroom / 3,109 sf with a median price of RM790 psf.
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