Bluwater Estate, Mines Resort City
Bluwater Estate (also known as Bluewater Estate) is a leasehold landed housing estate (with some bungalow land plots) located in Mines Resort City, Seri Kembangan. It comprises Blu Constellation, Blu Haven, Dream City and Senja. The built-up available at this project is 2,600 sf to 4,380 sf for houses. It was developed by Clearwater Group.
Clearwater Group is a medium-scale property development group, and it has built about 6 property projects in Malaysia. Other similar projects by the same developer are Blu Constellation, Blu Haven, Clearwater Residence, Dream City and Work @ Clearwater.
This landed housing estate (with some bungalow land plots) has many amenities nearby, e.g. universities, schools and metro transport stations. The following are some universities here:
- Portman College Heritage Campus
- Portman College Mines 2 Campus
- University Malaysia Sarawak (Unimas) Learning Centre KL
As for schools, there are Australian International School Malaysia and SJK (C) Kung Man.
The current market prices for Bluwater Estate are from RM1,140,000 to RM2,010,000 (about RM410 psf) for houses; while the monthly rentals are from RM3,800 (about RM1.36 psf) for houses. The highest median price psf ever recorded was RM719 psf in Q4 2011 (House) and RM160 psf in Q2 2013 (Land); while the lowest one was RM398 psf in Q1 2017 (House) and RM154 psf in Q4 2013 (Land).
The current rental yield of Bluwater Estate is 5.58% for houses. The highest rental yield ever recorded was 5.58% in Q1 2019 (House); while the lowest one was 3.38% in Q1 2016 (House). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Bluwater Estate for houses is 5-bedroom / 2,800 sf with a median price of RM410 psf. For price wise, the most expensive one is 5-bedroom / 4,380 sf with a median price of RM460 psf; while the cheapest one is 5-bedroom / 2,800 sf with a median price of RM410 psf.
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