Luxury In The Sky: Kuala Lumpur's High-End Serviced Residence and Suites Market (Part 1)

05 Feb 2025 AREA INSIGHTS

KLCC and Golden Triangle - Serviced Residence and Suites Existing Supply

Map of KLCC and Golden Triangle in Kuala Lumpur highlighting existing serviced residences and suites priced above RM1,500 per square foot.
Map tiles © Esri — Source: Esri, DeLorme, NAVTEQ

  • Map above shows locations of existing schemes with prices exceeding RM 1500 per sq ft.

 

# Project No. of Units Tenure Floor Area (Sq Ft) Price - 2024 (RM, PSF)
1 Imperial Lexis KL

439 S.Apt units

 FH 631 1,617
2

The Ruma Hotel & Residences

200 S.Apt units & 253 hotel suites

 FH 915 1,639 - 1,858
3 Scarletz Suites

604 office suites

 LH 452 - 570 1,659 - 1,753
4 Banyan Tree Signature

492 S.Apt units

 FH 1,066 - 2,164 1,664 - 1,977
5 Star Residences

1,511 S.Apt units

 FH 624 - 926 1,682 - 1,946
6

W Kuala Lumpur Hotel and The Residences

353 S.Apt units & 150 hotel units

 FH 732 - 1,615 1,913 - 2,163
7 Royce Residence

396 S.Apt units

 FH 560 2,155
8 Four Seasons Place

242 S.Apt units

 FH 1,690 - 3,821 2,815 - 3,219
9 Pavilion Suites

383 S.Apt units

 FH 721 - 1,259 3,017 - 3,467
  1. Transactions based on selective NAPIC data
  2. Info based on Developer’s Brochure, News, Websites and Other Sources

 

KLCC and Golden Triangle - Serviced Residence and Suites Incoming Supply

Map of KLCC and Golden Triangle in Kuala Lumpur highlighting upcoming serviced residences and suites priced above RM1,500 per square foot.
Map tiles © Esri — Source: Esri, DeLorme, NAVTEQ

  • Map above shows locations of incoming schemes with prices exceeding RM 1500 per sq ft.

 

# Project No. of Units Tenure Floor Area (Sq Ft) Price - 2024 (RM, PSF)
1 Hugoz Suites

320 S.Apt units & 354 office suites

 FH 323 - 646 > 1,780
2 Isola @ KLCC

140 S.Apt units

 FH 636 - 1,625 > 1,808
3 The Conlay

491 S.Apt units

 FH 743 – 1,335 > 1,965
4 Dawn KLCC

960 office suites & S.Apt units

 FH 350 - 804 > 2,037
5 One Stonor

285 S.Apt units

 FH 771 – 1,397 > 2,183
6 Kyliez Suites

126 S.Apt units & 220 office suites

 FH 323 - 657 > 2,207
7 The Jewel @ Oxley Tower

267 S.Apt units

 FH 678 – 1,227 > 2,319
8 So/Sofitel @ Oxley Tower

590 S.Apt units

 FH 566 – 956 > 2,435
9 8 Conlay

1,062 S.Apt units

 FH 700 - 1,328  > 2,603
10 Pavilion Square

960 S.Apt units

 LH 504 – 1,272 > 2,617
11 CloutHaus

857 S.Apt units

 FH 549 – 1,216 > 3,600
  1. Info based on Developer’s Brochure, News, Websites and Other Sources

 

Central Business District - Serviced Residence and Suites Existing Supply

Map of Central Business District in Kuala Lumpur highlighting existing serviced residences and suites priced above RM1,500 per square foot.
Map tiles © Esri — Source: Esri, DeLorme, NAVTEQ

  • Map above shows locations of existing schemes with prices exceeding RM 1500 per sq ft.

 

# Project No. of Units Tenure Floor Area (Sq Ft) Price - 2024 (RM, PSF)
1

Anggun Residence

384 S.Apt units

 FH 646 - 732 1,548 - 1,776
2* Axon Bukit Bintang

853 S.Apt units

 LH 450 - 971 > 1,573
3 Ceylonz Suites

442 office suites

 LH 388 - 581 1,772 - 1,827
4 Agile Bukit Bintang

1,283 S.Apt units & 33 SOVO units

 FH 616 - 886 1,862 - 1,973
5* TRX Residence

896 S.Apt units

 FH 474 – 1,636 > 1,932
6 The Ritz Carlton

288 S.Apt units

 FH 1,163 2,042
7* Core Residence @ TRX

700 S.Apt units

 FH 624 – 1,022 > 2,294
  1. Transactions based on selective NAPIC data
  2. 2, 5, and 7 based on launch price
  3. Info based on Developer’s Brochure, News, Websites and Other Sources

 

Central Business District - Serviced Residence and Suites Incoming Supply

Map of Central Business District in Kuala Lumpur highlighting upcoming serviced residences and suites priced above RM1,500 per square foot.
Map tiles © Esri — Source: Esri, DeLorme, NAVTEQ

  • Map above shows locations of incoming schemes with prices exceeding RM 1500 per sq ft.

 

# Project No. of Units Tenure Floor Area (Sq Ft) Price - 2024 (RM, PSF)
1 SWNK House

441 S.Apt units

 LH 463 – 1,227 > 1,739
2

Skylon Residences

178 S.Apt units

 FH 518 – 1,250 > 1,981
3 IBN Bukit Bintang

339 S.Apt units & 268 hotel suites

 FH 434 – 1,052 > 2,000
4 Agile Bukit Bintang (Phase 2)

152 S.Apt units & 33 SOVO units

 FH 512 – 884 > 2,004
5 The Landmark

1,338 S.Apt units

 FH 454 – 2,164 > 2,050
6 Branniganz Suites

269 S.Apt units & 490 office suites

 LH 344 - 678 > 2,183
7 Hemmon House

90 S.Apt units

 FH 840 – 1,108 > 2,379
  1. Info based on Developer’s Brochure, News, Websites and Other Sources
 
Disclaimer:
This document, created by City Valuers & Consultants, is intended for general informational purposes only and does not establish any advisory, fiduciary, or professional relationship. While based on established methods, it is not a definitive forecast, appraisal, or valuation, and we make no warranties or representations as to the data's current accuracy or completeness. The data presented includes third-party information, which could contain inaccuracies or be outdated, and has not been independently verified. We disclaim liability for any errors, omissions, or inaccuracies and any loss or damage arising from reliance on this information.