RM6,750 (RM3.89 psf)
DONE DEAL: Serviced apartment at St Mary Residence, Jalan Tengah, Kuala Lumpur
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Jointly developed by E&O Property Development and Lion Group, St Mary Residence is a freehold luxury serviced apartment nestled in Jalan Tengah, Kuala Lumpur.
There are three 28-floor blocks (of which one block is the E&O Hotel) in the development which consists of 440 units. Built-up sizes range from 1,131 sq ft to 6,769 sq ft.
According to Arden Estates Sdn Bhd real estate negotiator Eugene Pang, the owner of this unit is a foreign property investor and he’s happy to secure a tenancy agreement with a Japanese expatriate.
Pang added that the Japanese tenant had compared a few different projects in the city centre and finally settled with this unit in St Mary Residence as he liked the facilities and the beautiful city view of KL Tower from the unit.
According to EdgeProp Research’s data, seven units in St Mary Residence were sold in 2019, with an average price of RM1.185 million or RM1,072 psf. There was no transaction record in 2020.
Meanwhile, as at February 2021, there were 79 units in St Mary Residence listed for sale on EdgeProp.my’s property portal, with an average asking price of RM2.11 million or RM1,287 psf. At the same time, 43 units were looking for tenants with an average asking rent of RM6,795 or RM4.12 psf.
Interested to buy unit in St Mary Residence? Or click here for more property listings in Jalan Tengah. Click here to know more about Eugene Pang and potential good deals.
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