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.
This apartment has many amenities nearby, for example universities, hospitals, metro transport stations and schools. The following are some main universities here:
- Berjaya College
- Inti International College KL
- University Of Nottingham Teaching Centre
- University Of Wolverhampton
- YTL International College Of Hotel Management
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:
Latest Banyan Tree for rent listings: