Star Boulevard

No. 1, Jalan Yap Kwan Seng, 50450 Kuala Lumpur
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Developer

Chinese ad 4621 326x150 01

Property Details

2018
(Year of Completion)
This project was completed 4 years ago
From RM7,000,000
From RM34,000
Built Up
From 3,400 SQ. FT
Land Title
Commercial
Tenure
Freehold
Total Blocks
5
Total Storeys
6
Total Units
NIL

Description

With hallmarks such as the nation’s Walk of Fame, the celebrity face of shoe courtier Jimmy Choo, and luxury living competitively priced at RM2,000 per square foot (psf), Star Development (consisting of the residential and commercial components respectively named Star Residences and Star Boulevard) is a prime demonstration of 21st century placemaking and destined to be one of the most-visited parts of the city centre.

Aside from its silhouette piercing through the skyline of Kuala Lumpur (KL) with its trio of 57-storey and 58-storey towers, Star Development’s next most noticeable feature from afar would be the RM1.5 million eco-centric composition of carbon and precious metals glittering in the tropical sun. Envisioned by Alan Koh, the chief executive officer of the aspirationally named developer Alpine Return, this mosaic tile wall mural is officially recognised in the Malaysia Book of Records as the nation’s largest and is visible from up to 2km away.

Constructed by world-class builders Samsung C&T as part of the 4-acre Star Development, the five retail blocks of Star Boulevard capture attention with six storeys of glass panels reflecting the sandstone and slate of neighbouring buildings. Up close, a curtain of free-floating metallic stars provides a dynamic backdrop for the mall’s logo that shimmers in winds compressed by the urban canyon of Jalan Yap Kwan Seng.

Star Boulevard puts an additional 130,000 sf of net lettable retail space within 200 to 300 meters of Suria KLCC and Avenue K, but what really provides Star Boulevard with the potential to extend KL’s high street is the structured management model adopted by the managing firm, LAB Properties, which entails a directed control of retail spaces to maximise rental yields and capital appreciation for investors – a philosophy shared by some of the nation’s most prestigious retail destinations.

The degree of control that LAB Properties exercises over Star Boulevard’s retail units ensure a cohesive and unique mix of offerings that make Star Development a destination on par with some of the older developments of the area. The curated selection of tenants at Star Boulevard includes Michelin-starred restaurants and radical facilities to appeal to cosmopolitan urbanites – such as Colony’s flagship coworking space, the nation’s first premium social lounge, and the city’s first outdoor rooftop spin studio.

While Star Boulevard is certain to fundamentally change the flow of foot traffic in the area with its upmarket features, the three Star Residences towers themselves host a range of exclusive amenities to meet and exceed the expectations of sophisticated local urbanites and global nomads alike.

The residential towers are equipped with double-height lobbies, private elevators, and expansive recreational decks with space amounting to 100,00 sq ft, or two football fields. Drawing design inspiration from the iconic W Hotel, the recreational decks provide residents with access to sky bars and private kitchens surrounded by manicured planters, living and ornamental water features, as well as pools for hydrotherapy and swimming.

As of October 2020, the 557 units of Residential Tower 1 (RT1) have been fully taken up following their launch in November 2013, and the 482 units of Residential Tower 2 (RT2), following a launch in 2016, have been almost completely bought out by an equal proportion of local and international buyers.

With RT1 units averaging around 650 sq ft and launched at around RM1,500 psf, an average 750 sq ft unit in RT2 launched at RM1,800 psf, and with the international serviced residence operator The Ascott Ltd slated to manage 353 of the 471 units in the third residential tower (RT3), prices at Star Development are expected to rise beyond the height of RM2,450 psf once the final tower is complete in mid-2021.

24-hour
Security
NIL
Pet Friendly
No
Eco Friendly (GBI)
Nearby Restaurants
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Nearby Amenities:

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Did you know?

Check out the value of surrounding upcoming properties to make the best buying decision.

Property Name Year of Completion Launch Price Ad Selling Price
Star Boulevard 2018 NIL From RM7,000,000
Oxley Towers May 2023 RM1,400,000 - RM17,435,000 RM1,200,000 - RM2,591,000
RM 2,000 psf - RM 2,869 psf

Did you know?

Check out the value of surrounding recently completed properties to make the best buying decision.

Property Name Year of Completion Ad Selling Price Ad Rental Price Avg Transacted Price Avg Rental Yield (%)
Star Boulevard 2018 From RM7,000,000 From RM34,000 NIL NIL
Stonor 3 2019 RM1,100,000 - RM2,381,250
RM 733 psf - RM 2,733 psf
RM3,500 - RM3,500 NIL 14.75 %
Four Seasons Place 2017 RM2,697,000 - RM45,000,000
RM 2,003 psf - RM 3,783 psf
RM10,000 - RM10,000 NIL 1.36 %
Ilham Baru Tower Aug 2015 NIL From RM14,000 NIL NIL
Summer Suites 2015 RM410,000 - RM1,100,000
RM 620 psf - RM 1,511 psf
RM140 - RM140 RM720,000 (RM 845 psf) 412.95 %
Aurora Tower 2015 NIL RM1,500 - RM1,500 NIL NIL
Mirage Residence 2014 RM693,000 - RM2,600,000
RM 653 psf - RM 1,689 psf
RM2,700 - RM2,700 NIL 3.92 %

Did you know?

Check out the past transacted prices of this neighbourhood to make the best buying decision.

Non-Landed Landed Commercial
0 - 500 SQ. FT RM 1,048 psf - RM 1,165 psf
500 - 1,000 SQ. FT RM 1,042 psf - RM 587 psf
1,000 - 1,500 SQ. FT RM 983 psf - RM 684 psf
1,500 - 2,500 SQ. FT RM 757 psf - RM 750 psf
2,500 - 4,000 SQ. FT RM 784 psf - RM 830 psf
4,000 SQ. FT and above RM 433 psf - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 893 psf
Non Landed Properties
RM 546 psf
Landed Properties
RM 741 psf
Commercial Properties

Note:

  • This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
  • 'Nearby distance' is based on 1 kilometre
  • Average Rental Yield takes into account an estimated amount of maintenance fees

My Affordability:

Down Payment (10%) RM 700,000
Loan Amount ( 90 %) RM 6,300,000
Tenure Years 35 Years
Interest Rate 4.85%
Others (Estimation) RM 10,000
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Monthly Installment
RM 3,000 ±
Maintenance Fee
N / A
RM N / A psf (3,400 SQ. FT)
Total Monthly Expenses
RM 3,000 ±

Disclaimer

The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.

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