The Boulevard is an office building located at Mid Valley City. It was officially launched and developed by IGB Corporation in 1997, these offices complement the modern integrated development that Mid Valley City is famous for, comprising of what could be called a "city within a city" concept with hotels, 2 shopping centres, offices, and residences here.There are 4 office blocks at The Boulevard, which have 11 floors each at The Boulevard offices. Spaces at these offices range between 1,712 – 2,024 sf. These were originally priced at RM547,840 to RM647,680 (RM320 psf). However, the prices of these offices have skyrocketed due to the fact that it is in a prestigious address, and an excellent location between Petaling Jaya and the KL City Centre. Within a year of launch, they appreciated 47% on the secondary market. In additional, the rentals were RM3.20 psf, and have an annual yield of 12% per annum.Like the rest of Mid Valley City, The Boulevard is accessible via numerous roads including the Federal Highway. It is also very easy to get in via public transportation, with the Mid Valley KTM station next door. Many buses also stop off at Mid Valley City, including the free Mid Valley City shuttle bus which transports people from Mid Valley Megamall to Bangsar LRT.
Property Details
Name: The Boulevard Address: Mid Valley City, Lingkaran Syed Putra, 58100 Kuala Lumpur Developer: IGB Corporation Completion Date: 1997 Type: Commercial Tenure: Leasehold No. of Blocks: 4 No. of Storey: 11 Built-up: 1,712 – 2,024 sf Launch Price: RM547,840 - RM647,680 Subsale Price: Rental: Analysis
Without a doubt, the signature offices at The Boulevard provide potential investors with a steady rental income due to the location, facilities, and popularity of Mid Valley City. It is easy to reach via both public transport and road links, which makes it a very attractive office for potential renters especially as it is an excellent alternative to having an office right in the middle of the Kuala Lumpur city centre. Tenants suited these offices include consultancy firms such as Accounting companies, Marketing companies, and more.
