Bangsar Trade Centre is a re-development of the highly visible Plaza Pantai, located adjacent to Klang Valley’s busiest road, the Federal Highway, and surrounded by the Pantai Balai Polis, SJK (T) Jalan Bangsar, Pullman Hotel and Menara TM.
Originally abandoned in 2004 by the Atlas Corporation, the project has since been picked up by new development group, Twin Pavilion Development Sdn Bhd, with plans to transform the property into a iconic landmark.
The property shall be turned into a mix-development consisting of residential business suites, a retail mall with boutique lots, a corporate tower with high grade offices and a state-of-the-art exhibition and convention center.
The property is also one of the few developments which has an LRT Station (The Kerinchi Link Station) within the complex, making it very convenient for transiting. There is also a direct link walkway from Bangsar Trade Centre to Bangsar South across the Federal Highway.
The project launched its residential business suites for sale in July of 2013 with the option to lease it back to their hotel management team, which shall work in tandem with Best Western International Hotel Group to give their customers a guaranteed rental yield of 6.5% annually.
Despite garnering extremely positive response for the project, the development group, Twin Pavilion Development Sdn Bhd, has since faced many obstacles in its construction, resulting in numerous delays to the project’s completion and leading to a public fear that the project will once again be abandoned.
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|
|Bangsar Trade Centre||2017||NIL||RM 280,000 - RM 521,000|
|KL Gateway||2016||RM 450,000 - RM 10,844,200||
RM 910 psf - RM 1,084 psf
|South View||2017||NIL||RM 399,000 - RM 873,630|
|Nova Pantai Residence||2019||RM 708,000 - RM 1,097,000||NIL|
|Novum||2019||RM 720,000 - RM 1,725,000||
RM 1,000 psf - RM 1,000 psf
|ViiA Residences @ KL Eco City||2020||RM 1,252,000 - RM 2,470,000||NIL|
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 (%)|
|Bangsar Trade Centre||2017||RM 280,000 - RM 521,000||RM 2,000 - RM 7,350||NIL||14.01 %|
|KL Eco City||2017||
RM 1,286 psf - RM 1,300 psf
RM 926 psf - RM 926 psf
|From RM 3,675||NIL||NIL|
RM 742 psf - RM 1,018 psf
|RM 2,000 - RM 2,000||RM 614,800 (RM 916 psf)||4.66 %|
|Vertical Suites||2013||From RM 1,061,496||From RM 5,000||NIL||NIL|
|Pantai Avenue||Mar 2011||NIL||NIL||NIL||NIL|
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
|0 - 500 sq ft||RM 209 psf||-||RM 380 psf|
|500 - 1,000 sq ft||RM 541 psf||-||RM 442 psf|
|1,000 - 1,500 sq ft||RM 543 psf||-||RM 451 psf|
|1,500 - 2,500 sq ft||RM 663 psf||-||RM 630 psf|
|2,500 - 4,000 sq ft||RM 656 psf||RM 229 psf||RM 964 psf|
|4,000 sq ft and above||RM 663 psf||-||RM 647 psf|
|Down Payment (10%)||RM 28,000|
|Loan Amount ( 90 %)||RM 252,000|
|Tenure Years||35 Years|
|Interest Amount||RM 252,000|
|Others (Estimation)||RM 10,000|
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