DONE DEAL: Suasana Sentral Loft, Kuala Lumpur

Sold for: RM1.6 million (1,036.94 psf)

Concluded by: Chelvam of Tienna Properties (012 502 0137)

When: February, 2015

Noteworthy:

• Freehold
• Block B
• Above the 30th floor (Block B has 38 floors)
• Built-up area: 1,543 sq ft
• 3+1 bedrooms
• 3 bathrooms
• Fully furnished
• One covered car park
• View of Mid Valley and Little India 
• Five-minute walk to KL Sentral transport hub (28 minutes to KLIA via KLIA Express)
• Good security
• Facilities include: 50m infinity pool, outdoor jacuzzi, landscaped garden, table tennis court, indoor and outdoor playgrounds, movie theatre

According to the agent, Suasana Sentral Loft is the most-sought after condominium in Brickfields. 

He describes the fully furnished unit as in excellent condition and notes that the condominium is home to a mix of tenants, from locals to foreigners. 

The units are both owner-occupied and held by investors. 

He has also concluded transactions for the 1,441 sq ft units with 2+1 bedrooms and 3 bathrooms, at RM1.37 million to RM1.43 million.

According to data from the theedgeproperty.com/National Property Information Centre (Napic), there were seven transactions at Suasana Sentral Loft at an average price of RM973 psf or RM1.57 million in 3Q2014, with a built-up area of between 1,399 sq ft and 2,831 sq ft.

In 2Q2013, 13 transactions of units of between 1,098 sq ft and 2,917 sq ft were recorded, at an average RM888 psf or RM1.3 million.

According theedgeproperty.com data, the average asking monthly rent is RM5,679 or RM3.72 psf, with an indicative asking rental yield of 4.4%. 

Editor's note to real estate agents: If you've concluded an interesting deal recently, we'd love to hear from you! Contact us at [email protected].