Avelon Tower, Plaza Medan Putra
Avelon Tower (also known as Avelon 2) is a freehold condominium that is located in Plaza Medan Putra, Bandar Menjalara. The built-up available at this condominium is 800 sf to 947 sf. It was developed by Sri Melinger Sdn Bhd with a launch price of around RM180 psf, and was completed in about 2010.
Sri Melinger Sdn Bhd is a privately held small-sized real estate organization, and it has undertaken around 4 real estate projects in Malaysia. Other similar projects by the same developer are Beverly Tower and Medan Putra Condominium.
This condominium has some amenities nearby, such as schools, transit stations and universities.
The current rental yield of Avelon Tower is around 5.16%, compared to 4.19% a year ago in Q2 2022. The highest rental yield ever recorded was 5.16% in Q4 2023; while the lowest one was 3.2% in Q4 2016. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Avelon Tower is 3-bedroom / 808 sf with a median price of RM360 psf. For price wise, the most expensive one is 3-bedroom / 808 sf with a median price of RM360 psf; while the cheapest one is 2-bedroom / 800 sf with a median price of RM350 psf.
Latest Avelon Tower sale listings:
| Date | Property Type | Built-up | Price |
|---|---|---|---|
| 29 Nov 2023 | Condominium | 808 sf | RM265,000 |
| 29 Nov 2023 | Condominium | 808 sf | RM279,000 |
| 29 Nov 2023 | Condominium | 808 sf | RM290,000 |
| 29 Nov 2023 | Condominium | 808 sf | RM295,000 |
| 29 Nov 2023 | Condominium | 960 sf | RM315,000 |
| 29 Nov 2023 | Condominium | 808 sf | RM290,000 |
| 29 Nov 2023 | Condominium | 808 sf | RM285,000 |
| 8 Nov 2023 | Condominium | 1,080 sf | RM380,000 |
| 31 Oct 2023 | Apartment | 4,500 sf | RM2,500,000 |
| 31 Oct 2023 | Condominium | 890 sf | RM285,000 |
Latest Avelon Tower rental listings:
| Date | Property Type | Built-up | Rental |
|---|---|---|---|
| 22 Nov 2023 | Condominium | 980 sf | RM1,600 |
| 2 Nov 2023 | Condominium | 920 sf | RM1,200 |
| 2 Nov 2023 | Condominium | 920 sf | RM1,200 |
| 2 Nov 2023 | Condominium | 950 sf | RM1,200 |
| 31 Oct 2023 | Condominium | 808 sf | RM1,400 |
| 31 Oct 2023 | Condominium | 932 sf | RM1,200 |
| 18 Oct 2023 | Condominium | 800 sf | RM1,100 |
| 16 Oct 2023 | Condominium | 803 sf | RM1,300 |
| 15 Oct 2023 | Condominium | 912 sf | RM1,250 |
| 12 Oct 2023 | Apartment Room | -NA- | RM550 |