Pavilion Residences is a leasehold luxury condominium situated at the top of the seven-storeyed Pavilion Mall, Bukit Bintang. Pavilion is part of an international, mixed-use, 5-hectare development located within the bustling Bukit Bintang shopping and business precinct.
The intermediate zone units at Pavillion Residences have three units per floor, ranging from 3,394 to 4,227 sq ft with four bedrooms. Well suited for families, these units are spacious, resembling bungalows a few hundred storeys up in the sky. All the 12 units of this range have been sold out.
As for the lower units, there are six units per floor with sizes ranging from 1,057 to 2,645 sq ft. The smallest ones come with a rectangular design with two bedrooms, while the others have a minimum of three bedrooms that are suitable for single expatriates or couples. The 50 floors of Pavilion Residences also provides residents with an unparalleled view of the beautiful KLCC cityscape and golf courses.
One of the most prominent features of Pavilion is the Sky Garden, located at the roof level of the shopping mall. It holds the usual amenities such as a swimming pool, playground, mini-parks and gymnasium. A prime location in the heart of Kuala Lumpur’s Golden Triangle, Pavilion residents have easy access to other shopping centres with the Bintang Walk readily paved along KL’s luxurious shopping streets. Other notable shopping havens around the area include Starhill, KL Plaza and Lot 10.
Property Details
Name: Pavilion ResidencesAddress: Jalan Bukit Bintang, Bukit Bintang, 55100 Kuala LumpurDeveloper: Urusharta CemerlangCompletion Date: 2009Type: CondominiumTenure: LeaseholdNo. of Blocks: 2No. of StoreyTower 1: 43Tower 2: 50No. of UnitsTower 1: 163Tower 2: 205No. of Bedrooms: 2 to 4Built-up:Type A1: 1,307 sq ftType A2: 1,509 sq ftType A3: 1,234 sq ftType A3a: 1,057 sq ftType B1: 2,013 sq ftType B2: 2,645 sq ftType B3: 2,405 sq ftType C1: 3,394 sq ftType C2: 4,157 sq ftType C3: 4,227 sq ftType D1: 5,743 sq ft (Duplex)Type D2: 7,174 sq ft (Duplex)Type D3: 6,369 sq ft (Duplex)Type D3a: 6,689 sq ft (Duplex)Penthouse: more than 17,000 sq ftMaintenance Fee: RM0.55 per sq ftLaunch Price: From RM900 per sq ftSubsale Price: From RM2,390,000 to RM8,800,000Rental: From RM7,000 to RM18,000Facilities
5-storey car parkBarbecue areaGymnasiumInfinity swimming poolMultipurpose hallPlaygroundReading roomTennis court24-hour security surveillanceBusiness centerSun deckYoga / fitness areaWading poolGardenSpaMarket Trends
Latest transaction in Pavilion Residences, Bukit Bintang
SPA Date |
Address |
Size |
Price |
20/12/2017 |
B-X-X, JALAN BUKIT BINTANG |
1307 ft2 |
2391810 |
15/12/2017 |
B-X-X, JALAN BUKIT BINTANG |
3394 ft2 |
4000000 |
08/12/2017 |
B-X-X, JALAN BUKIT BINTANG |
680 ft2 |
1700000 |
26/11/2017 |
A-X-X, JALAN BUKIT BINTANG |
1509 ft2 |
2565300 |
20/11/2017 |
A-X-X, JALAN BUKIT BINTANG |
2013 ft2 |
3425000 |
Analysis
Proudly part of Pavilion Kuala Lumpur, Pavilion Residences is a prestigious convenience with all the private access to Bond Street style retail and dining experiences.
Analogous to its location, this darling residence is no doubt the shining star in Bukit Bintang, with a gross development value (GDV) of about RM860mil. The majority of buyers and investors were foreigners, with claims made that over 40% of them were from the Middle East, Singapore, Hong Kong, Indonesia and Britain.
When the Pavilion Residences was still under construction, it was said that its concept is somewhat similar to K Residence. Even so, it is a part of Pavilion KL which is across the part of town where most of the activities are happening. K Residence, on the other hand, resides above the relatively quiet Avenue K.
The residential parking entrance and zone at Pavilion Residences are exclusive and separated from the parking for the hotel and shopping mall. Each unit is expected to have two to three parking spaces according to unit sizes. The luxury condominium, however, seemed to be lacking some exquisite features that most six-star condos should have, such as a private lift.
Even so, bypassing the massive traffic around the area is quite convenient with the presence of public transportations such as the Monorail or LRT. Residents who are travelling by car wouldn’t have much issue either, as long as they are mindful not to leave the house during peak hours.
Considering the area of Bukit Bintang, the launch price ranging from RM800 to RM1,000 per sq ft is quite a steal. Among the few penthouse duplexes, there is one particularly huge mansion penthouse with more than 17,000 sq ft in size. The unit cost a whooping RM15mil plus after discount, and yes, it had been taken up.