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
RM2,300,000 - RM4,810,000
Density
492 Units
Completed In
2015
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 RM2,300,000 to RM4,810,000 (about RM2,140 psf); while the monthly rentals are from RM7,200 to RM12,000 (about RM6.69 psf). The highest median price psf ever recorded was RM2,514 psf in Q3 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 3.43% a year ago in Q1 2018. The highest rental yield ever recorded was 4.46% in Q1 2017; while the lowest one was 2.87% in Q2 2017. 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 RM2,140 psf. For price wise, the most expensive one is 2-bedroom / 1,195 sf with a median price of RM2,430 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
YesterdayCondominium-NA-RM2,220,000
YesterdayCondominium1,786 sfRM3,350,000
YesterdayCondominium2,195 sfRM3,880,000
YesterdayCondominium1,668 sfRM4,200,000
YesterdayCondominium1,786 sfRM4,300,000
YesterdayCondominium1,087 sfRM2,600,000
08-Feb-19Condominium1,100 sfRM2,150,000
08-Feb-19Condominium1,076 sfRM2,100,000
08-Feb-19Condominium2,195 sfRM4,380,000
08-Feb-19Condominium1,195 sfRM2,800,000

Latest Banyan Tree for rent listings:

DateTypeBuilt-upRental
13-Feb-19Condominium1,195 sfRM6,000
12-Feb-19Condominium2,195 sfRM16,500
12-Feb-19Condominium1,076 sfRM8,500
12-Feb-19Condominium-NA-RM9,500
12-Feb-19Condominium1,668 sfRM9,000
12-Feb-19Condominium2,195 sfRM14,800
11-Feb-19Condominium1,195 sfRM7,700
02-Feb-19Condominium1,050 sfRM7,300
22-Jan-19Condominium1,668 sfRM9,000
22-Jan-19Condominium2,195 sfRM14,000