M Residence, Rawang
M Residence (also known as M Residence 1) is a freehold landed housing estate located in Rawang, Selangor. It consists of M Avenue. There are 846 units available at this project with built-up from 1,260 sf to 3,248 sf. It was developed by Mah Sing Group Bhd with a launch price of around RM220 psf, and was completed about 2015.
Mah Sing Group Bhd is a very big-sized real estate company listed on KLSE, and it has undertaken around 74 real estate projects in Malaysia. Other similar projects by the same developer are Clover, Damansara Legenda, Garden Residence, Hijauan Residence, Jacaranda, Kemuning Residence, Kinrara Residence, M Residence 2, Palmiera and Southbay Residence.
The only amenities nearby this landed housing estate are some schools. Few of the schools here are Sunshine Montessori Pre School and Sunshine Mostersssori Pre School.
The current market prices for M Residence are from RM400,000 to RM840,000 (about RM260 psf); while the monthly rentals are from RM900 to RM1,300 (about RM0.55 psf). The highest median price psf ever recorded was RM333 psf in Q4 2014; while the lowest one was RM220 psf in Q1 2013.
The current rental yield of M Residence is around 2.07%, compared to 2.48% a year ago in Q1 2018. The highest rental yield ever recorded was 2.62% in Q3 2017; while the lowest one was 1.73% in Q3 2018. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at M Residence is 4-bedroom / 1,650 sf with a median price of RM260 psf. For price wise, the most expensive one is 4-bedroom / 1,260 sf with a median price of RM320 psf; while the cheapest one is 4-bedroom / 2,380 sf with a median price of RM220 psf.
Latest M Residence for sale listings:
Latest M Residence for rent listings: