Banyan Tree, Pavilion, Bukit Bintang

Banyan Tree (also known as Banyan Tree Signatures) is a freehold apartment located in Pavilion, Bukit Bintang. There are 492 units available at this project with built-up from 1,076 sf to 2,195 sf. It was developed by Pavilion Group with a launch price at around RM2,000 psf, and was completed in about 2015.

Pavilion Group is a medium-sized real estate group, and it has constructed around 13 real estate projects in Malaysia. Other similar projects by the same developer are Pavilion, Pavilion Hilltop, Pavilion Residences, Pavilion Suites and The Park 2.

Property Type
Apartment
Land Tenure
Freehold
Built-up
1,076 sf - 2,195 sf
Market Price
RM2,390,000 - RM5,000,000
Density
492 Units
Completed In
2015
Developer
Pavilion Group
Launch Price
About RM2,000 psf

This apartment has many amenities nearby, for example universities, hospitals, metro transport stations and schools. The following are some main universities here:

As for hospitals, there are Prince Court Medical Centre and Twin Towers Medical Center. There are also some metro transport stations here, i.e. LRT KLCC and Monorail Raja Chulan.

The current market prices for Banyan Tree are from RM2,390,000 to RM5,000,000 (about RM2,220 psf); while the monthly rentals are from RM7,400 to RM12,000 (about RM6.90 psf). The highest median price psf ever recorded was RM2,514 psf in Q4 2016; while the lowest one was RM1,839 psf in Q2 2012.

The current rental yield of Banyan Tree is around 3.91%, compared to 3.36% a year ago in Q4 2017. The highest rental yield ever recorded was 3.91% in Q4 2018; while the lowest one was 3.02% in Q3 2016. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at Banyan Tree is 1-bedroom / 1,076 sf with a median price of RM2,220 psf. For price wise, the most expensive one is 2-bedroom / 1,195 sf with a median price of RM2,450 psf; while the cheapest one is 2-bedroom / 1,668 sf with a median price of RM2,000 psf.

Latest Banyan Tree for sale listings:

DateTypeBuilt-upPrice
04-Dec-18Condominium1,086 sfRM3,000,000
03-Dec-18Condominium1,184 sfRM2,650,000
03-Dec-18Condominium1,786 sfRM4,730,000
03-Dec-18Condominium1,087 sfRM2,000,000
03-Dec-18Condominium1,668 sfRM3,600,000
02-Dec-18Condominium1,087 sfRM1,990,000
02-Dec-18Condominium1,087 sfRM2,200,000
02-Dec-18Condominium1,184 sfRM2,604,800
02-Dec-18Condominium1,087 sfRM2,750,000
02-Dec-18Condominium2,195 sfRM4,100,000

Latest Banyan Tree for rent listings:

DateTypeBuilt-upRental
08-Dec-18Condominium2,195 sfRM11,000
08-Dec-18Condominium1,086 sfRM6,000
08-Dec-18Condominium1,076 sfRM7,500
26-Nov-18Condominium1,076 sfRM7,000
26-Nov-18Condominium2,195 sfRM10,000
25-Nov-18Condominium1,195 sfRM9,000
25-Nov-18Condominium1,076 sfRM9,000
25-Nov-18Condominium1,668 sfRM9,500
25-Nov-18Condominium1,087 sfRM7,000
25-Nov-18Condominium1,087 sfRM6,500