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.

Property Type
Mixed Commercial & Condominium
Land Tenure
Freehold
Built-up
1,098 sf - 1,101 sf (Condominium)
Market Price
RM330,000 - RM350,000 (Condominium)
Total Units
588 Condominiums
Completion Date
2013
Developer
Launch Price
RM270 psf (Condominium)

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 5.54% 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:

Condominium Layouts

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 RM300 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 RM300 psf.

Latest Pearl Avenue sale listings:

DateProperty TypeBuilt-upPrice
12 Feb 2024Condominium1,101 sfRM295,000
7 Feb 2024Condominium1,705 sfRM390,000
7 Feb 2024Condominium1,101 sfRM390,000
6 Feb 2024Condominium1,101 sfRM295,000
5 Feb 2024Condominium1,101 sfRM350,000
1 Feb 2024Condominium1,101 sfRM320,000
23 Jan 2024Condominium1,100 sfRM320,000
12 Jan 2024Condominium1,100 sfRM270,000
11 Jan 2024Condominium1,101 sfRM338,000
30 Dec 2023Condominium1,730 sfRM443,000

Latest Pearl Avenue rental listings:

DateProperty TypeBuilt-upRental
14 Feb 2024Condominium1,101 sfRM1,100
2 Feb 2024Condominium1,100 sfRM1,200
2 Feb 2024Condominium1,200 sfRM1,300
1 Feb 2024Condominium1,101 sfRM1,200
22 Jan 2024Condominium1,100 sfRM2,300
20 Jan 2024Condominium1,001 sfRM1,300
27 Dec 2023Condominium1,100 sfRM1,200
21 Dec 2023Condominium1,101 sfRM1,700
14 Dec 2023Condominium1,101 sfRM1,100
14 Dec 2023Retail2,550 sfRM5,500
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