KL Eco City, Mid Valley City
KL Eco City is a leasehold integrated office, residential & retail hub located in Mid Valley City, Kuala Lumpur. 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 1,049 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 362 real estate projects in Malaysia. Other similar projects by the same developer are Bukit Indah, Setia Alam, Setia Alamsari, Setia Eco Park, Setia Ecohill, Setia Gemilang, Setia Indah, Setia Tropika, Setia Utama and Taman Wawasan.
This integrated office, residential & retail hub has many amenities nearby, such as transit stations, universities, hospitals and schools. The following are some of the major transit stations here:
As for universities, there are Bakti College, Meritus University, Universiti Kuala Lumpur, University Of Malaya and University Of Malaya Centre For Continuing Education (UMCCed). 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 and Sri Dasmesh International School.
The current rental yield of KL Eco City is 3.79% for condominium units and 4.78% 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 RM1,240 psf. For price wise, the most expensive one is 3-bedroom / 1,679 sf with a median price of RM1,600 psf; while the cheapest one is 4-bedroom / 3,993 sf with a median price of RM1,000 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 RM1,180 psf. For price wise, the most expensive one is 1,049 sf with a median price of RM1,180 psf; while the cheapest one is 1,035 sf with a median price of RM1,180 psf.
Latest KL Eco City sale listings:
|9 Mar 2023||Condominium||709 sf||RM675,000|
|9 Mar 2023||Condominium||710 sf||RM675,000|
|23 Feb 2023||Condominium||710 sf||RM750,000|
|14 Feb 2023||Condominium||710 sf||RM656,100|
|8 Feb 2023||Condominium||710 sf||RM729,000|
|5 Jan 2023||Condominium||710 sf||RM810,002|
Latest KL Eco City rental listings:
|4 Feb 2023||Office||4,381 sf||RM30,000|
|13 Jan 2023||Office||4,489 sf||RM18,854|
|13 Jan 2023||Office||4,489 sf||RM26,036|
|9 Nov 2022||Single Room||-NA-||RM500|
|2 Oct 2022||Office||4,489 sf||RM35,014|
|31 Aug 2022||Shop-Office||4,381 sf||RM32,000|
|11 Aug 2022||Condominium||636 sf||RM3,500|
|16 Jan 2022||Low-Cost Flat||700 sf||RM2,500|
|15 Jan 2022||Condominium||797 sf||RM3,000|
|11 Jan 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.