Hatten City, Melaka Raya
Hatten City is a leasehold integrated office, residential & retail hub located in Melaka Raya, Bandaraya Melaka. It comprises Elements Mall, Hatten Suites, Imperio Mall, Imperio Residence and Silverscape. The built-up available at this project is 323 sf to 767 sf for apartment units and 350 sf for retail units. It was developed by Hatten Group Sdn Bhd.
Hatten Group Sdn Bhd is a medium-scale property development company held privately, and it has built about 9 property projects in Malaysia. Other similar projects by the same developer are Capital 21, Capital City, Elements Mall, Harbour City, Hatten Suites, Imperio Mall, Imperio Residence and Silverscape.
The only amenities nearby this integrated office, residential & retail hub are schools. Some of the schools here include SA Jaim Ujong Pasir, SJK (C) Pay Fong 2, SK Ujong Pasir, SM Convent (Sacred Heart) and SMK Canossa Convent (M).
The current market prices for Hatten City are from RM270,000 to RM540,000 (about RM680 psf) for apartment units and RM450,000 (about RM1,290 psf) for retail units; while the monthly rentals are from RM1,300 to RM3,000 (about RM2.91 psf) for apartment units. The highest median price psf ever recorded was RM1,550 psf in Q4 2013 (Apartment) and RM2,500 psf in Q4 2013 (Retail); while the lowest one was RM658 psf in Q4 2018 (Apartment) and RM1,238 psf in Q2 2019 (Retail).
The current rental yield of Hatten City is 4.62% for apartment units. The highest rental yield ever recorded was 5.25% in Q4 2018 (Apartment); while the lowest one was 4.62% in Q4 2019 (Apartment). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Hatten City for apartment units is 1-bedroom / 515 sf with a median price of RM680 psf. For price wise, the most expensive one is Studio / 323 sf with a median price of RM830 psf; while the cheapest one is Studio / 515 sf with a median price of RM640 psf.
Meanwhile, the most popular layout and size combination at Hatten City for retail units is 350 sf with a median price of RM1,290 psf. For price wise, the most expensive one is 350 sf with a median price of RM1,290 psf; while the cheapest one is 350 sf with a median price of RM1,290 psf.
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