Sutera Avenue, Sembulan
Sutera Avenue is a leasehold integrated mall, office & residential hub that is located in Sembulan, KK City Centre. There are 320 condominium units available at this property with built-up from 726 sf to 1,199 sf for condominium units and 1,313 sf to 4,486 sf for offices. It was developed by Mah Sing Group Bhd with a launch price of around RM760 psf for condominium units, and was completed in about 2017.
Mah Sing Group Bhd is a very large real estate company listed on KLSE, and it has undertaken around 88 real estate projects in Malaysia. Other similar projects by the same developer are Garden Plaza, Garden Residence, Icon City, Lakeville Residence, M City, Meridin East, Savanna, Southbay, Taman Damai Utama and Taman Sierra Perdana.
This integrated mall, office & residential hub has some amenities nearby, such as hospitals, schools and universities. The following are some of the main hospitals here:
- Gleneagles Hospital Kota Kinabalu
- Hospital Gleneagles Labour Room
The current rental yield of Sutera Avenue is 4.8% for condominium units. The highest rental yield ever recorded was 9.42% in Q1 2023 (condominium); while the lowest one was 3.09% in Q2 2021 (condominium). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Sutera Avenue for condominium units is 2-bedroom / 726 sf with a median price of RM950 psf. For price wise, the most expensive one is 3-bedroom / 1,199 sf with a median price of RM1,000 psf; while the cheapest one is 2-bedroom / 726 sf with a median price of RM950 psf.
Meanwhile, the most popular layout and size (built-up) combination at sutera avenue for offices is 1,313 sf with a median rental of rm3.20 psf. For rental wise, the most expensive one is 2,675 sf with a median rental of RM7.00 psf; while the cheapest one is 4,468 sf with a median rental of RM2.81 psf.
Latest Sutera Avenue sale listings:
|28 Nov 2023||Condominium||725 sf||RM660,000|
|25 Nov 2023||Condominium||726 sf||RM650,000|
|23 Nov 2023||Condominium||741 sf||RM688,000|
|23 Nov 2023||Condominium||726 sf||RM690,000|
|10 Nov 2023||Condominium||972 sf||RM899,999|
|31 Oct 2023||Condominium||972 sf||RM888,000|
|25 Oct 2023||Condominium||1,199 sf||RM1,200,000|
|1 Oct 2023||Condominium||726 sf||RM660,000|
|15 Sep 2023||Condominium||726 sf||RM720,000|
|13 Sep 2023||Condominium||726 sf||RM660,000|
Latest Sutera Avenue rental listings:
|16 Nov 2023||Condominium||900 sf||RM3,000|
|16 Nov 2023||Shop-Office||2,601 sf||RM10,404|
|1 Nov 2023||Condominium||726 sf||RM2,800|
|1 Nov 2023||Condominium||725 sf||RM2,600|
|26 Oct 2023||Condominium||478 sf||RM1,600|
|25 Oct 2023||Condominium||1,199 sf||RM5,000|
|25 Oct 2023||Condominium||600 sf||RM2,700|
|25 Oct 2023||Condominium||600 sf||RM2,500|
|25 Oct 2023||Condominium||600 sf||RM2,350|
|18 Oct 2023||Studio||350 sf||RM1,500|