Avelon Tower, Plaza Medan Putra

Avelon Tower (also known as Avelon 2) is a freehold condominium located in Plaza Medan Putra, Bandar Menjalara. The built-up available at this project is 801 sf to 947 sf. It was developed by Sri Melinger Sdn Bhd with a launch price of around RM180 psf, and was completed about 2010.

Sri Melinger Sdn Bhd is a small-sized real estate organization held privately, 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.

Property Type
Condominium
Land Tenure
Freehold
Built-up
801 sf - 947 sf
Market Price
RM310,000 - RM340,000
Density
-NA-
Completed In
2010
Launch Price
About RM180 psf

This condominium has many amenities nearby, such as schools, transit stations and universities. The following are some of the major schools here:

The current rental yield of Avelon Tower is around 4.19%, compared to 4.0% a year ago in Q1 2021. The highest rental yield ever recorded was 5.03% in Q3 2020; 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 RM410 psf. For price wise, the most expensive one is 3-bedroom / 808 sf with a median price of RM410 psf; while the cheapest one is 3-bedroom / 918 sf with a median price of RM360 psf.

Latest Avelon Tower for sale listings:

DateTypeBuilt-upPrice
20 Sep 2022Shop-Office1,236 sfRM387,000
20 Sep 2022Apartment920 sfRM320,000
23 Aug 2022Retail1,236 sfRM430,000
10 Jun 2022Office874 sfRM220,000
9 Feb 2022Condominium808 sfRM350,000
11 Jan 2022Condominium808 sfRM350,000
5 Jan 2022Condominium800 sfRM299,000
28 Dec 2021Condominium803 sfRM299,000
24 Dec 2021Condominium801 sfRM298,000
24 Dec 2021Condominium808 sfRM365,000

Latest Avelon Tower for rent listings:

DateTypeBuilt-upRental
15 Jan 2022Medium Room-NA-RM400
12 Jan 2022Low-Cost Flat800 sfRM1,200
18 Dec 2021Condominium960 sfRM1,200
18 Dec 2021Condominium808 sfRM1,200
5 Dec 2021Room-NA-RM489
27 Nov 2021Condominium960 sfRM1,400
30 Nov 2021Condominium958 sfRM1,200
24 Nov 2021Condominium947 sfRM1,300
24 Nov 2021Condominium920 sfRM1,300
22 Nov 2021Condominium821 sfRM1,200
0 user comments on Avelon Tower