EkoCheras, Taman Mutiara Barat

EkoCheras (also known as Eko Cheras) is a freehold integrated office, residential & retail hub located in Taman Mutiara Barat, Taman Taynton. There are 1,515 apartment units and 105 offices available at this project with built-up from 596 sf to 1,328 sf for apartment units, 6,000 sf to 11,000 sf for retail units and 1,118 sf to 2,706 sf for offices. It was developed by Ekovest Bhd with a launch price at around RM750 psf for apartment units, and was completed in about 2018.

Ekovest Bhd is a medium-sized real estate company listed on KLSE, and it has constructed around 5 real estate projects in Malaysia. Other similar projects by the same developer are EkoGateway, EkoTitiwangsa, Kajang Walk and Oasis Kajang.

Property Type
Integrated Office, Residential & Retail
Land Tenure
Freehold
Built-up
596 sf - 1,328 sf (Apartment)
6,000 sf - 11,000 sf (Retail)
1,118 sf - 2,706 sf (Office)
Market Price
RM440,000 - RM1,000,000 (Apartment)
RM860,000 - RM1,840,000 (Office)
Density
1,515 Apartments & 105 Offices
Completed In
2018
Developer
Launch Price
RM750 psf (Apartment)

This integrated office, residential & retail hub has some amenities nearby, for example schools and metro transport stations. The following are some main schools here:

The current rental yield of EkoCheras is 4.01% for apartment units and 6.77% for offices. The highest rental yield ever recorded was 5.06% in Q1 2020 (Apartment) and 7.53% in Q4 2019 (Office); while the lowest one was 3.99% in Q2 2019 (Apartment) and 6.41% in Q3 2019 (Office). Meanwhile, the most common unit layouts and sizes available here are as follows:

Apartment Layouts

The most popular layout and size combination at EkoCheras for apartment units is 1-bedroom / 762 sf with a median price of RM700 psf. For price wise, the most expensive one is 2-bedroom / 1,066 sf with a median price of RM870 psf; while the cheapest one is 1-bedroom / 762 sf with a median price of RM700 psf.

Retail Layouts

Meanwhile, the most popular layout and size combination at EkoCheras for retail units is 11,000 sf with a median rental of RM2.27 psf. For rental wise, the most expensive one is 11,000 sf with a median rental of RM2.27 psf; while the cheapest one is 6,000 sf with a median rental of RM1.00 psf.

Office Layouts

Lastly, the most popular layout and size combination at EkoCheras for offices is 1,326 sf with a median price of RM790 psf. For price wise, the most expensive one is 1,326 sf with a median price of RM790 psf; while the cheapest one is 2,303 sf with a median price of RM680 psf.

Latest EkoCheras for sale listings:

DateTypeBuilt-upPrice
16 Aug 2020Office1,326 sfRM1,100,000
18 Sep 2020Office8,987 sfRM6,400,000
28 Sep 2020Office1,326 sfRM1,100,000
12 Oct 2020Office8,987 sfRM7,000,000
6 Aug 2020Studio762 sfRM590,000
10 Aug 2020Condominium762 sfRM520,000
13 Aug 2020Condominium762 sfRM530,000
13 Aug 2020Condominium821 sfRM599,999
17 Aug 2020Condominium1,168 sfRM738,000
18 Aug 2020Condominium1,168 sfRM765,000

Latest EkoCheras for rent listings:

DateTypeBuilt-upRental
TodayCondominium762 sfRM2,400
TodayRoom-NA-RM980
TodayDuplex762 sfRM2,000
TodayRoom-NA-RM650
TodayRoom-NA-RM900
20 Jul 2020Condominium-NA-RM1,900
23 Jul 2020Condominium-NA-RM2,300
23 Jul 2020Condominium1,168 sfRM2,500
23 Jul 2020Condominium762 sfRM2,700
23 Jul 2020Condominium762 sfRM2,300
0 user comments on EkoCheras