Pearl Avenue, Sungai Chua

Pearl Avenue is a freehold mixed commercial & condominium development that is located in Sungai Chua, Kajang. There are 588 condominium units available at this condominium with built-up from 1,098 sf to 1,101 sf for condominium units. It was developed by TLS Group with a launch price at around RM270 psf for condominium units, and was completed in around 2013.

TLS Group is a medium-sized real estate group, and it has constructed around 19 real estate projects in Malaysia. Other similar projects by the same developer are Ameera Residence, Ivory Residence, Mutiara Heights, Pangsapuri Sri Cempaka, Pangsapuri Sri Ixora, Pangsapuri Sri Lavender, Plaza Indah, Sri Raya Apartment, Sri Ria Apartment and Taman Sepakat Indah.

This mixed commercial & condominium development is not very ideal for own stay or investment, because it has no amenities nearby.

The current rental yield of Pearl Avenue is 4.87% for condominium units. The highest rental yield ever recorded was 6.29% in Q1 2015 (condominium); while the lowest one was 4.11% in Q4 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 Pearl Avenue for condominium units is 3-bedroom / 1,101 sf with a median price of RM290 psf. For price wise, the most expensive one is Studio / 1,098 sf with a median price of RM320 psf; while the cheapest one is 3-bedroom / 1,100 sf with a median price of RM290 psf.