KL Sentral new condo are rare because of the land scarcity of KL Sentral. KL Sentral land size is relatively small and most are occupied with buildings except for small areas of old shophouses and small pockets of land. Below is Google Map overview of KL Sentral and its surrounding areas.
Condo Choices in KL Sentral
Let’s have a look at the choices of condominium in KL Sentral:
- Sentral Suites | 650 sq ft to 1,166 sq ft | Completed 2021
- Riveria City | The RIV 250 to 486 sq ft onwards & The RIA 650 to 800 sq ft onwards
- Suasana Sentral | Completed in 2002
- Suasana Sentral Loft | Completed in 2008
- St Regis Residences | Completed 2014/2015
- The Sentral Residences | Completed in 2016
Except for Riveria City, the above condominiums are developed or jointly developed by MRCB, the master developer of KL Sentral. As the developer of the largest transportation hub in Malaysia, MRCB is one of the most prestigious property developers in Malaysia.
You will also find a lot of condominiums fringing KL Sentral area, with lower price points for obvious reasons.
High Capital Growth & High Yield for KL Sentral Properties
As the largest transportation hub in Greater KL and Malaysia, KL Sentral has evolved into a well-balanced development. There is a healthy mix of commercial, retail, residential and entertainment elements within the KL Sentral area so residents can work, play and live all in one same location.
There is also a healthy supply of Grade A offices and commercial properties that have attracted well-known brands and corporate offices to set up shop in KL Sentral. On top of that, prominent hoteliers and retail malls has also chosen KL Sentral as their home due to its proximity to the KL City Centre as well as the ease of accessibility to anywhere within Kuala Lumpur with the confluence of rail networks.
It is also speculated that KL Sentral properties will continue to see a rise as there are now limited land in the area for development. As the law of economics, limited supply and growing demand will mean that prices will rise to achieve equilibrium.
Growing Demand for KL Sentral
There is also a healthy growing demand for properties in KL Sentral due to the varied conveniences it offers. Working professionals who have taken up careers in large corporations that have made KL Sentral home are looking at either purchasing or renting nearby. There are of course a lot of benefits of living in the vicinity of the workplace, thus the demand for KL Sentral properties is always on the uptrend.
Besides working professionals, there is also a growing amount of frequent travelers, expatriates, and retirees that will benefit from living in KL Sentral. The convenience of hopping onto ERL to go to the KLIA International Airport is a plus point for those who travel frequently. Gone are the long waits for hired cabs or the hassle of long hour journey to the airport.
Limited Supply of Residential Properties
The very limited supply of residential properties in KL Sentral has also continued to push the prices upwards. Compared to the surrounding areas, there is very limited development in KL Sentral due to land constraints. So with the currently limited units in KL Sentral to serve the growing demand, properties like Sentral Suites are highly sought after by both home buyers who are intending to live in KL Sentral and investors who are looking for both capital appreciation and high yields.
Which KL Sentral Condo Is Available Now?
Drop us an inquiry below and we will arrange for a personalized consultation from the MRCB sales team.
