Vortex (also known as Vortex Suites & Residences & formerly known as Menara Mulpha) is a freehold apartment located in KLCC, KL City Centre.The built-up available at this project is 731 sf to 826 sf. It was developed by Thriven Global Bhd (fka Mulpha Land) with a launch price of around RM1,100 psf, and was completed about 2016.
Thriven Global Bhd (fka Mulpha Land) is a small-sized real estate company listed on KLSE, and it has undertaken around 4 real estate projects in Malaysia. Other similar projects by the same developer are Bangsar Enclave, Lumi Tropicana and Sapphire Bukit Panchor.
This apartment has many amenities nearby, such as universities, metro transport stations, schools and hospitals. The following are some of the major universities here:
- Erican College (KLCC Campus)
- Institute Of Research And Postgraduate Studies Universiti KL City Campus
- Inti International College KL
- Premier College
- Universiti KL
- University Of Wolverhampton
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, e.g. French Culinary School In Asia and SMK Convent Bukit Nanas.
The current market prices for Vortex are from RM920,000 to RM1,020,000 (about RM1,250 psf); while the monthly rentals are from RM3,400 to RM3,700 (about RM4.50 psf). The highest median price psf ever recorded was RM1,481 psf in Q1 2017; while the lowest one was RM1,057 psf in Q1 2014.
The current rental yield of Vortex is around 4.42%, compared to 4.29% a year ago in Q2 2018. The highest rental yield ever recorded was 4.78% in Q2 2016; while the lowest one was 3.5% in Q1 2017. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Vortex is 2-bedroom / 777 sf with a median price of RM1,250 psf. For price wise, the most expensive one is 2-bedroom / 744 sf with a median price of RM1,290 psf; while the cheapest one is 2-bedroom / 811 sf with a median price of RM1,230 psf.
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