Hampshire Residences

Rented for: RM6,000 (RM4.74 psf)

Concluded by: Amy Chung Choi Wan (REN 01336) of Founders Properties (012-390 6198)

When: May 2016

Noteworthy:
• Freehold
• 1,270 sq ft
• Fully furnished
• Mid floor
• Facing swimming pool
• 2 bedrooms

Hampshire Residences is a high-end condominum located in Kuala Lumpur City Centre (KLCC). It neighbours other high-rise residences such as 2 Hampshire, Panorama, Jelita Court, D’Mayang Phileo Promenade and Crimson Court.

Hampshire Residences comprises Tower A and Tower B that house 202 and 186 units, respectively. The units have built-up sizes from 753 sq ft to 2,399 sq ft.

According to Founder Properties real estate negotiator Amy Chung, who closed the deal, both the unit owner and the tenant are foreigners.

“The unit owner is an investor from the UK. I’m the agent who has helped him rent out the unit for many years. The new tenant is an international company that wanted to house an expat from Scotland. He used to share a bigger unit in Hampshire Residences with colleagues. However, later, the company decided to rent another smaller unit for him,” said Chung.

The RM6,000 rent per month is the current market rate.

“It used to be higher, but the price has been stagnant since a year ago,” Chung noted.

According to data from TheEdgeProperty.com, the indicative rental range for Hampshire Residences is from RM2.23 to RM5.95 psf per month. The average stands at RM4.40 psf per month while the indicative rental yield is at 4.97%.

Interested to rent properties in KLCC. Click here.

Editor: To real estate agents — Have you just concluded an interesting deal? We would love to hear from you! Contact us at [email protected]

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