Sale Price *

Average

RM 394 psf

Range

RM 370 - 423 psf

Rental Price **

Average

N/A

Range

N/A

Rental Yield **

4.69%

Rental income expressed as a percentage of the property's value.

Sale Price *

Average

RM 394 psf

Range

RM 370 - 423 psf

Rental Price **

N/A

Range

N/A

Rental Yield **

4.69%

Rental income expressed as a percentage of the property's value.

The Birch, Jalan Ipoh Insights

Developer	:SCP Group
Architect	:
Main Contractor	:
Land Size (sqm)	:
GFA (sqm)	:
Plot Ratio (Incl. Bonus)	:
Project Name	:The Birch
Street Name	:Jalan Kasipillay, 51200, Kuala Lumpur
Postal Code	:51200
Property Type	:Hotel/Service Apartment
Tenure	:
District/Planning Area	:Jalan Ipoh
Completion	:N/A
Number of Landed Units	:0 units
Number of Non Landed Units	:681 units
Sold Price Range/Average*	:RM 370 psf - RM 423 psf / RM 394 psf
Leased Rental Range/Average**	:
Implied rental yield**	:4.69%
Historical High	:RM 467 psf in Aug 2015 for a 1,581-sqft unit
Indicative Average Price from Historical High	:%
Historical Low	:RM 273 psf in Jan 2007 for a 1,216-sqft unit
Buyer Profile by Residential Status	:
Buyer Profile by Purchaser Address	:

*Based on transactions in the last 48 months.

**Based on asking rental data in the last 12 months. May not be representative.

Amenities

24-hour Security

Car Park

Fitness Centre

About This Project

The Edge Malaysia, May 04, 2020

SCP Group has achieved a take-up rate of 65% for The Birch, a condominium located in the Jalan Sultan Azlan Shah (formerly Jalan Ipoh) area.

Located in Jalan Kasipillay, this freehold development is just a stones throw away from the upcoming Sentul West MRT 2 station, which is scheduled to be fully operational in 2022.

General manager Chuah Jin Teik says the RM300 million development occupies a 1.86-acre plot and offers 681 serviced apartments in two blocks. Sized from 611 to 983 sq ft, the units offer layouts of 2-bedroom, 3-bedroom and 3+1 bedroom.

Our buyers are a mix of investors and owner-occupiers aged 25 to 55, he says.

The units are priced from RM350,000 to just under RM600,000, or an average of RM580 psf. Block B was launched in August and Block A, the following month.

Chuah says the price is attractive, given its Kuala Lumpur address and proximity to the Kuala Lumpur city centre.

Scheduled for completion in January 2023, The Birch will have three-tier security, as well as CCTV and panic alarm buttons at the car park. Facilities include a gymnasium, reflexology path, childrens playground and an Olympic-length infinity pool. The indicative maintenance fee is 30 sen psf.

The design of this building is similar to the buildings of the past using red bricks for its faade, which will be able to attract the attention of people from a distance.

The Sentul West MRT 2 line is a three-minute walk away and it is five stops from KLCC. The development is also close to Sentul KTM station and Sentul LRT station.

Other amenities nearby are Sunway Putra Mall, Lourdes Medical Centre and Sentul Medical Centre. It is also connected via Duta-Ulu Kelang Expressway, Jalan Tun Razak, Jalan Kuching and Jalan Sultan Azlan Shah.

Car park operator-cum-developer SCP Group launched its property development division in early 2011, banking on the experience of its directors. It has since completed more than 10 projects in the Klang Valley and Sabah, with a combined gross development value of more than RM4 billion.

The developer is also diversifying into the hospitality industry with Somerset @ Desa Sri Hartamas. Scheduled for opening by year-end, the development will have 308 serviced residences and built-ups of 498 to 750 sq ft each.

There will also be a retail area with 4,500 sq ft of indoor space and 1,500 sq ft of al fresco space, which the developer is looking to rent out to an F&B operator. There will also be a car park podium with 458 parking bays, which will be open to the public.

Sales Transaction of The Birch

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Note: Excludes properties with no transactions in the past 4 years. *Prices and rentals are based on data in the past 4 years.

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