Luxury In The Sky: Kuala Lumpur's High-End Serviced Residence and Suites Market (Part 2)

12 Feb 2025 AREA INSIGHTS

KLCC and Golden Triangle - Serviced Residence and Suites Existing Supply (RM 1,000 to RM 1,500 PSF)

Map of KLCC and Golden Triangle in Kuala Lumpur highlighting existing serviced residences and suites priced between RM1,000 to RM 1,500 per square foot.
Map tiles © Esri — Source: Esri, DeLorme, NAVTEQ
  • Blue locations represent schemes where the average starting PSF is between RM 1000 and RM 1500 per square foot.
  • Red locations indicate schemes priced above RM 1500 per square foot (see Part 1 article for more details).  
# Project No. of Units Tenure Floor Area (Sq Ft) Price - 2024 (RM, PSF)
1 Fraser Residence 188 Suites

446 S.Apt units

LH 1,076 - 1,324 1,013 - 1,133
2 Vortex Suites 432 S.Apt units FH 775 - 818 1,032 - 1,363
3 The FACE Suites (Phase 1) 733 S.Apt units FH 926 - 1,066 1,048 - 1,126
4 Vipod Residences (6 Kia Peng) 418 S.Apt units FH 657 - 1,356 1,075 - 1,371
5 The Mews 256 S.Apt units FH 926 1,080 - 1,296
6 Soho Suites KLCC 480 SOHO units FH 678 - 904 1,135 - 1,345
7 Sky Suites @ KLCC 1,186 S.Apt units FH 657 - 850 1,188 - 1,411
8 10 Stonor KLCC 364 S.Apt units FH 743 - 807 1,239 - 1,373
9 Eaton Residences 632 S.Apt units LH 635 - 797 1,255 - 1,303
10 Pavilion Residence 368 S.Apt units LH 1,307 - 2,645 1,377 - 1,564
11 Aria Luxury Residence 598 S.Apt units FH 753 - 1,507 1,427 - 1,460
12 Stonor 3 400 S.Apt units FH 861 - 1,206 1,460 - 1,684
13 The Manor 484 S.Apt units FH 990 - 2,626 1,492 - 1,616
  1. Transactions based on selective NAPIC data
  2. Info based on Developer’s Brochure, News, Websites and Other Sources

 

Central Business District - Serviced Residence and Suites Existing Supply (RM 1,000 to RM 1,500 PSF)

Map of Central Business District area in Kuala Lumpur highlighting existing serviced residences and suites priced between RM1,000 to RM 1,500 per square foot.
Map tiles © Esri — Source: Esri, DeLorme, NAVTEQ
  • Blue locations represent schemes where the average starting PSF is between RM 1000 and RM 1500 per square foot.
  • Red locations indicate schemes priced above RM 1500 per square foot (see Part 1 article for more details).
# Project No. of Units Tenure Floor Area (Sq Ft) Price - 2024 (RM, PSF)
1 The Robertson 793 S.Apt units FH 527 - 646 1,053 - 1,301
2 Lucentia Residences 666 S.Apt units LH 463 - 872 1,468 - 1,827
3 Pavilion Ceylon Hill 629 S.Apt units FH 662 – 1,324 > 1,468
4 Tribeca Serviced Apartment 318 S.Apt units FH 510 - 698 1,471 - 1,667
5 Dorsett Kuala Lumpur 252 S.Apt units FH 657 - 1,012 1,482 - 1,828
6 The Manhattan 129 S.Apt units FH 732 - 1,098 1,497 - 1,503
  1. Transactions based on selective NAPIC data
  2. Info based on Developer’s Brochure, News, Websites and Other Sources

 

Central Business District - Serviced Residence and Suites Incoming Supply (RM 1,000 to RM 1,500 PSF)

Map of Central Business District area in Kuala Lumpur highlighting incoming serviced residences and suites priced between RM1,000 to RM 1,500 per square foot.
Map tiles © Esri — Source: Esri, DeLorme, NAVTEQ
  • Blue locations represent schemes where the average starting PSF is between RM 1000 and RM 1500 per square foot.
  • Red locations indicate schemes priced above RM 1500 per square foot (see Part 1 article for more details).
# Project No. of Units Tenure Floor Area (Sq Ft) Price - 2024 (RM, PSF)
1 Times Square 2 629 S.Apt units FH 488 – 1,038 > 1,410
2 Orion Residence 298 S.Apt units FH 491 - 1,271 > 1,411
  1. Transactions based on selective NAPIC data
  2. 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.