KL Eco City, Mid Valley City
KL Eco City is a leasehold integrated office, residential & retail hub located in Mid Valley City, KL City Centre. It consists of Aspire Tower, KLEC Mall, Menara 1, Menara 2, Menara 3, Menara 3A, Mercu 2, Mercu 3, Residensi Vogue 1, Residensi Vogue 2, Residensi Vogue 3 and ViiA Residences. The built-up available at this project is 706 sf to 4,000 sf for condominium units and 1,035 sf to 1,459 sf for offices. It was developed by SP Setia Bhd, and was completed about 2017.
SP Setia Bhd is a very large-sized real estate company listed on KLSE, and it has undertaken around 358 real estate projects in Malaysia. Other similar projects by the same developer are Bukit Indah, Indah 15, Setia Alam, Setia City, Setia Damai, Setia Eco Park, Setia Ecohill, Setia Gemilang, Setia Indah and Setia Tropika.
This integrated office, residential & retail hub has many amenities nearby, such as universities, transit stations, hospitals and schools. The following are some of the major universities here:
- Bakti College
- Meritus University
- Shekinahgrace Bible College
- Universiti Kuala Lumpur
- University Of Malaya
- University Of Malaya Centre For Continuing Education (UMCCed)
As for transit stations, there are Komuter Angkasapuri, Komuter Mid Valley, Komuter Seputeh, Komuter/LRT Abdullah Hukum and LRT Kerinchi. There are also some hospitals here, e.g. Hospital Bapak Aqu, IHEAL Medical Centre, Pantai Hospital Kuala Lumpur and Pantai Medical Centre.
Lastly, the schools here are SK Bangsar, SRA Masjid Abu Bakr As Siddiq and Sri Dasmesh International School.
The current rental yield of KL Eco City is 4.0% for condominium units and 3.75% for offices. The highest rental yield ever recorded was 4.0% in Q3 2022 (condominium) and 5.56% in Q2 2019 (office); while the lowest one was 3.39% in Q4 2018 (condominium) and 2.86% in Q3 2018 (office). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at KL Eco City for condominium units is 1-bedroom / 710 sf with a median price of RM910 psf. For price wise, the most expensive one is 3-bedroom / 1,245 sf with a median price of RM1,650 psf; while the cheapest one is 1-bedroom / 710 sf with a median price of RM910 psf.
Lastly, the most popular layout and size (built-up) combination at KL Eco City for offices is 1,035 sf with a median price of RM1,200 psf. For price wise, the most expensive one is 1,459 sf with a median price of RM1,250 psf; while the cheapest one is 1,035 sf with a median price of RM1,200 psf.
Latest KL Eco City for sale listings:
| Date | Type | Built-up | Price |
|---|---|---|---|
| Today | Condominium | 1,000 sf | RM350,000 |
| 3 Sep 2022 | Condominium | 861 sf | RM480,000 |
| 4 Jun 2022 | Condominium | 743 sf | RM675,000 |
| 2 Jun 2022 | Condominium | 743 sf | RM675,000 |
| 17 May 2022 | Condominium | 743 sf | RM750,000 |
| 12 May 2022 | Condominium | 743 sf | RM750,000 |
| 10 May 2022 | Condominium | 743 sf | RM750,000 |
| 20 Apr 2022 | Condominium | 710 sf | RM810,000 |
| 15 Apr 2022 | Condominium | 710 sf | RM830,000 |
| 16 Mar 2022 | Condominium | 1,242 sf | RM930,000 |
Latest KL Eco City for rent listings:
| Date | Type | Built-up | Rental |
|---|---|---|---|
| 10 Sep 2022 | Office | 4,381 sf | RM30,000 |
| 7 Sep 2022 | Office | 4,381 sf | RM30,000 |
| 4 Sep 2022 | Office | 4,489 sf | RM26,036 |
| 31 Aug 2022 | Shop-Office | 4,381 sf | RM32,000 |
| 4 Sep 2022 | Office | 4,489 sf | RM18,854 |
| 11 Aug 2022 | Condominium | 636 sf | RM3,500 |
| 8 Jul 2022 | Single Room | -NA- | RM500 |
| 7 Jul 2022 | House Room | -NA- | RM700 |
| 4 Jul 2022 | Medium Room | -NA- | RM700 |
| 4 Jul 2022 | Medium Room | -NA- | RM600 |
The design of traffic flow in this development is very bad. First it forces traffic to flow thru its basement then cars need to circle 2 rounds before can come up to the group level to pickup passengers. Also badly named signboards and building names.
It takes a genius to figure out the naming and numbering of this entire mess.