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Formerly known as Fraser Place (not Fraser Residence), 188 Suites is a luxury serviced apartment located just behind Renaissance Hotel Kuala Lumpur. Desired for the fact that this development will be managed by the renowned Frasers Hospitality Pte Ltd, 188 Suites was deemed by speculators to be an excellent long-term investment with its Guaranteed Rental Returns of 6% for the first 5 years after its launch.
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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 (%) |
---|---|---|---|---|---|
188 Suites | Mar 2013 |
RM558,000
-
RM1,880,000
RM 609 psf - RM 1,606 psf |
RM1,700 - RM1,700 | NIL | 4.77 % |
Star Boulevard | 2018 | From RM7,000,000 | From RM34,000 | NIL | NIL |
JKG Tower | 2017 | NIL | From RM16,500 | NIL | NIL |
Menara Public Bank 2 | 2017 | NIL | From RM33,000 | NIL | NIL |
Plaza Haji Taib | 2016 | From RM800,000 | From RM1,500 | NIL | NIL |
Summer Suites | 2015 |
RM410,000
-
RM1,100,000
RM 652 psf - RM 1,379 psf |
RM140 - RM140 | NIL | 412.95 % |
Aurora Tower | 2015 |
RM520,000
-
RM650,000
RM 575 psf - RM 586 psf |
RM1,500 - RM1,500 | NIL | 3.69 % |
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 848 psf | - | RM 1,937 psf |
500 - 1,000 SQ. FT | RM 734 psf | - | RM 748 psf |
1,000 - 1,500 SQ. FT | RM 754 psf | - | RM 695 psf |
1,500 - 2,500 SQ. FT | RM 625 psf | - | RM 7,712,789 psf |
2,500 - 4,000 SQ. FT | RM 861 psf | - | RM 170 psf |
4,000 SQ. FT and above | RM 538 psf | - | RM 300 psf |
Note:
Down Payment (10%) | RM 50,000 |
Loan Amount ( 90 %) | RM 450,000 |
Tenure Years | 35 Years |
Interest Rate | 4.85% |
Others (Estimation) | RM 10,000 |
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.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
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