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, Menara 1, Mercu 2, Mercu 3, Pangsapuri Abdullah Hukum, Pangsapuri Putra Ria, Residensi Vogue 1, Residensi Vogue 2, Residensi Vogue 3, The Pillars and ViiA Residences. The built-up available at this project is 657 sf to 1,076 sf for apartment units and 1,035 sf to 4,490 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 293 real estate projects in Malaysia. Other similar projects by the same developer are Bukit Indah, Setia Alam, Setia Damai, Setia Eco Park, Setia Ecohill, Setia Gemilang, Setia Impian, Setia Indah, Setia Tropika and Setia Utama.
This integrated office, residential & retail hub has many amenities nearby, such as metro transport stations, schools, hospitals and universities. The following are some of the major metro transport stations here:
- Komuter Angkasapuri
- Komuter Mid Valley
- Komuter Seputeh
- LRT Kerinchi
As for schools, there are SK Bangsar, SRA Masjid Abu Bakr As Siddiq and Sri Dasmesh International School. There are also some hospitals here, e.g. Pantai Hospital KL and Park City Medical Centre.
The current market prices for KL Eco City are from RM850,000 to RM1,390,000 (about RM1,270 psf) for apartment units and RM1,090,000 to RM5,520,000 (about RM1,050 psf) for offices; while the monthly rentals are from RM2,700 to RM3,200 (about RM4.03 psf) for apartment units and RM3,000 to RM21,900 (about RM2.86 psf) for offices. The highest median price psf ever recorded was RM1,369 psf in Q1 2018 (Apartment) and RM1,330 psf in Q4 2017 (Office); while the lowest one was RM1,077 psf in Q1 2014 (Apartment) and RM1,089 psf in Q1 2019 (Office).
The current rental yield of KL Eco City is 3.72% for apartment units and 4.96% for offices. The highest rental yield ever recorded was 4.26% in Q3 2017 (Apartment) and 4.96% in Q1 2019 (Office); while the lowest one was 3.53% in Q4 2018 (Apartment) and 2.7% in Q4 2017 (Office). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at KL Eco City for apartment units is 1-bedroom / 710 sf with a median price of RM1,270 psf. For price wise, the most expensive one is 2-bedroom / 1,076 sf with a median price of RM1,290 psf; while the cheapest one is 1-bedroom / 710 sf with a median price of RM1,270 psf.
Lastly, the most popular layout and size combination at KL Eco City for offices is 1,035 sf with a median price of RM1,050 psf. For price wise, the most expensive one is 4,490 sf with a median price of RM1,230 psf; while the cheapest one is 1,035 sf with a median price of RM1,050 psf.
Latest KL Eco City for sale listings:
| Date | Type | Built-up | Price |
|---|---|---|---|
| 16-Feb-19 | Condominium | 732 sf | RM960,000 |
| 16-Feb-19 | Condominium | 969 sf | RM1,260,000 |
| 16-Feb-19 | Condominium | 796 sf | RM1,114,400 |
| 15-Feb-19 | Low-Cost Flat | 750 sf | RM250,000 |
| 11-Feb-19 | Office | 1,000 sf | RM1,300,000 |
| 11-Feb-19 | Office | 2,000 sf | RM2,600,000 |
| 11-Feb-19 | Office | 4,500 sf | RM5,500,000 |
| 11-Feb-19 | Office | 1,049 sf | RM1,237,820 |
| 10-Feb-19 | Office | 1,049 sf | RM1,237,820 |
| 08-Feb-19 | Condominium | 786 sf | RM990,000 |
Latest KL Eco City for rent listings:
| Date | Type | Built-up | Rental |
|---|---|---|---|
| 15-Feb-19 | Office | 3,800 sf | RM17,000 |
| 15-Feb-19 | Office | 1,035 sf | RM2,100 |
| 15-Feb-19 | Office | 2,200 sf | RM11,000 |
| 15-Feb-19 | Office | 4,094 sf | RM20,470 |
| 15-Feb-19 | Office | 3,200 sf | RM14,400 |
| 15-Feb-19 | Office | 3,175 sf | RM14,290 |
| 15-Feb-19 | Office | 1,035 sf | RM2,800 |
| 15-Feb-19 | Office | 1,035 sf | RM3,000 |
| 15-Feb-19 | Office | 1,035 sf | RM2,800 |
| 15-Feb-19 | Office | 14,500 sf | RM94,250 |