Insight into KL Sentral
Kuala Lumpur Sentral - An exclusive urban centre built around Malaysia’s largest transit hub, offering global connectivity, excellent investment opportunities, business convenience and an international lifestyle.
The blueprint of Kuala Lumpur Sentral began with the masterplan of a “City-within-a-City” concept designed by the renowned architect Dr. Kisho Kurokawa. At the nucleus of this premier development is the RM1.1 billion world-class transit hub, Stesen Sentral, the winner of the FIABCI – Malaysia Award of Distinction 2002 and finalist for FIABCI International Prix d’Excellence 2003. Its infrastructure supports six rail networks – the KLIA Express Rail Link, KLIA Transit, RAPID KL (Putra), KTM Komuter, KTM Intercity and KL Monorail Services, demonstrating its excellent global connectivity and access within an integrated and self-contained live, work and play environment.
Phased until 2015, Kuala Lumpur Sentral is a world-class city valued at a massive RM 11.7 billion; comprising Stesen Sentral, corporate office towers and business suites, 5-star international hotels, luxury condominiums and a shopping mall.
With RM2.4 billion completed and another RM7.0 billiion development in progress, Kuala Lumpur Sentral is the largest commercial development in Kuala Lumpur today. Kuala Lumpur Sentral has already attracted prominent investors to set up their businesses, as well as an international community to set up their homes and offices within the environment.Latest KL Sentral Corporate Asset Movement
PETALING JAYA (May 19): The Employees Provident Fund (EPF) is studying the sale of the Axiata Tower in Kuala Lumpur Sentral, with the Grade A office tower likely to fetch as much as RM530 million, reported The Edge weekly.
The fund had already asked local and foreign property consultants to send out a request for proposal (RFP) for the building’s sale, sources told the publication.
When contacted, EPF did not deny that it was mulling the sale of the building, but hinted that plans to dispose of the property are still in the early stages.
“The EPF is constantly on the lookout for investment and divestment opportunities, and consistently monitors the portfolio to ensure that the assets meet our risk-return profile,” it said.
The fund did not disclose its tenancy levels and terms, as well as how much it aimed to sell the building – formerly known as Quill 7 – for.
However, previous reports said the 30-storey building has a net lettable area of 355,096 sq ft.
Sources said the building is 91% occupied with Axiata Group taking up just over 30% of the space, with other major tenants including Perbadanan Insurance Deposit Malaysia, Ceo Suite (M) Sdn Bhd, Navis Management Sdn Bhd, Google Malaysia and Bombardier (M) Sdn Bhd.
Industry experts estimate that the building could fetch between RM1,100 to RM1,500 psf, or RM390.61 million to RM532.64 million.
One valuer who pegged the sale at RM1,100 psf to RM1,400 psf, said the market has been soft lately, with occupancy levels dropping.
“Transactions have mainly been about RM1,200 psf to RM1,300 psf around KLCC due to stagnant rental rates,” he said.
He opined that the sale should be deferred as KL Sentral has long-term potential as a transit-oriented development hub.
“If they can hold on to it for longer, it may have potential for better returns as the entire development will be fully built-up,” he said.
His suggestion is shared by a real estate agent, who noted that the building may be worth what EPF had paid for it in 2011, which is believed to be RM428 million.
“This is possibly one of the best investments in Malaysia. The building has enjoyed high occupancy and provided a steady income to EPF,” he said.
A few transactions took place in KL Sentral over the past few years, the latest being the Hilton Kuala Lumpur which was sold for RM497 million to the owner of the adjacent Le Meridien Kuala Lumpur.
In 2016, Aloft Kuala Lumpur Sentral was sold by London-listed Aseana Properties Ltd – in which Ireka Corp Bhd has a 23% stake – to Prosper Group Holdings Ltd for RM418.7 million.
In 2015, CIMB Group bought Menara CIMB for RM646 million from CIMB-Mapletree Real Estate Fund 1 while Malaysian Resources Corp Bhd sold Menara Shell to MRCB-Quill REIT for RM640 million.
Meanwhile, the Social Security Organisation bought Menara NU2 for RM574.71 million, the Malaysian Communications and Multimedia Commission bought Nu Tower 1 for RM283 million while MRCB sold the remaining 51% of Nu Sentral Mall Sdn Bhd to Pelaburan Hartanah Bhd for RM119.77 million.
Source: http://www.theedgemarkets.com/article/epf-mulls-sale-axiata-tower-kuala-lumpur-sentral
Nearby Master Plan
KL Sentral
Where an address equip with 5 Train Line
By MRCB
72 acres
Tenure: Freehold
Completion Year
Plaza Sentral: 2001-2006
Axiata Tower: 2009
Nu Tower: 2013
Q Sentral: 2015
Market Transaction: RM1000-RM1600psf
Bangsar South
Kuala Lumpur Silicon Valley
By UOA Development
60 acres
Tenure: Leasehold
Completion Year
The Horizon : 2010-2013
The Vertical Business Suite: 2015
UOA Corporate Tower: 2016
The Vertical Corporate Tower B: 2017
Market Transaction: RM1100psf-1200psf
Mid Valley
Live Work Play Business Address
By IGB
36 acres
Tenure: Leasehold
Completion Year
Boulevard: 1997
Menara IGB: 1999
Northpoint: 2006
Garden Tower: 2008
Southpoint Tower: 2018
Market Transaction: RM1100-RM1300psf
KL Sentral Development Update
Take a look and enjoy!
Plaza Sentral Rental
1.1-Plaza Sentral
Size: 1100sq.ft
Rental:RM6600psf
Partly Fitted with:-
-1 Conference Room
-1 Managing Director Room
-Open work station area for 8-10 pax
Video: https://www.youtube.com/watch?v=ZscJdI5UdEU1.2-Plaza Sentral
Partly With:-
-Reception Area
-1 Store Room
-Large Open training hall/work station area
-Back portion office with manager room and 6 work station
Rental: RM5.80psf
Size: 1657sq.ft
Video: https://www.youtube.com/watch?v=BOySzZpcj1Q&feature=youtu.be1.3-Plaza Sentral
Block 2B
Size:1861sq.ft
Rental:RM5.50psfSale: RM1000psf
Bare Unit
-Unit Facing Lift Frontage
-Dual Entrance
-Large Open space with great visibility1.4-Plaza Sentral
Size:1800sq.ft
Rental:RM6.50psf
Fitted with
-Reception Area
-Waiting Room
-Pantry Area with water inlet/outlet
-Large Open Space with 36 Work Station
-Meeting Room 10 seater
Video: https://www.youtube.com/watch?v=-Wa5nY-NbVY1.5-Plaza Sentral
Size:1978sq.ft
Asking Rental:RM5.80psf
Fitted with
-Reception Area
-Server Room
-Pantry Area
-Large Open Space with 22 Work Station
-Meeting Room 10 seater
-Manager Room
-Centralized Aircon (inclusive into rental during office hour)
-Split Aircon (able to operate after office hour for 24 hours usage)1.6-Plaza Sentral
Size: 1,915sq.ft
Rental: RM5.00psf
Partly Fitted with
-Reception Area
-1 Room
-Large Open Space area 5-8 workstation
Photo: https://drive.google.com/open?id=1VGbT9WLcArZRHWIpNpUt_q-yQFP_9JzQ1.7-Plaza Sentral
Size:2108sq.ft
Rental: RM5.80psf
Fitted with:-
Reception Area
-Guest waiting room
-Conference Room for 10-15pax with filling cabinet
-CEO Room with sitting lounge and filling cabinet
-Work station area x 15 with filling cabinet x 2
-Filling Room x 2
-Utility Room x 1
Video: https://youtu.be/JYFGyP94veg1.8-Plaza Sentral
Size:2715sq.ft
Rental:RM5.80psf
Partly With:-
-2 utility rooms
-Pantry with Breakout Area
-Large Open space potential to fit 30-40 work station
Video: https://youtu.be/lChgHWfsphQ1.9-Plaza Sentral
Plaza Sentral
Size: 3240sq.ft
Rental: RM4.80psf
Bare Unit
Video: https://www.youtube.com/watch?v=5MTroBSlHFQ&list=UUzXP0oO3EhKfTUgBpvcc-xQ&index=571.10a-Plaza Sentral
Size: 3,430 sq.ft
Rental : RM 6.50/sqft
-3 manager rooms partition
-1 unit conference room
-pantry
Photo link: https://drive.google.com/drive/folders/1ebBMescfRgv4K9rpFAOLQ-cVaHMVsi_j?usp=sharing
Video: https://www.youtube.com/watch?v=od6g1lXYL5k&feature=youtu.be1.10b-Plaza Sentral
Size: 3881sf
Rental: RM5.80psf
Partly fitted with reception with sitting lounge, large board room, manager room and large and open work station areaWorking space can fit 15 people
4 manager rooms
1 pantry
1 prayer room
Waiting area/reception area1 boardroom can fix 15 people
1 meeting room for 2 people
1 meeting room for 4 people
1 meeting room for 6 peopleFurniture Plan: https://drive.google.com/open?id=11Jj5MCnMR3oPLP2JWEgabETIIiSuZ8pv
Photo: https://drive.google.com/drive/folders/1osTA7XJ_CRl-mDNkEF3dy5Tlj870MouH?usp=sharing1.11-Plaza Sentral
Size: 3893sq.ft
Partly Fitted
Rental: RM5.80psf
Server room
Stationary filling cabinet
Wet Pantry breakout zone
Meeting room 10 pax
Chairman Room
CEO Room
Manager Room x 5
Large reception with sitting lounge
Large open space for 10-20 work station1.12-Plaza Sentral
Size: 10491sq.ft
Fitted Unit
1 Large Reception
6-8 Rooms
50 workstation
Rental: RM6.00psf
Sale: RM1000psf
Video: https://youtu.be/oXmIT_SgVvo
Furniture Plan: https://drive.google.com/open?id=1RjI0UIqQVzDETUqV_K-YcFCxIAKN9zc31.13-Plaza Sentral
Size: 2467+1915+1915+1915+2279=10491sq.ft
Bare Unit
Rental: RM6.00psf
Sale: RM1000psf
Floor Plan refer unit 3~7: https://drive.google.com/open?id=1p4IyUfta--gsewTvIfUBQHO1bWz_-UF1
Video: https://www.youtube.com/watch?v=4BiPjYgVxw8
Layout Plan: https://drive.google.com/open?id=1YOWpbVCtF1dMDpq9dfl0YKy7pHKRW4r81.14-Plaza Sentral
Size: 10491sq.ft
Fitted Unit with move in condition
-Large Reception Area
-Waiting Lounge
-Discussion Room x 2
-Conference Room
-2 Manager Room
-30-50 work station
-HOD Room x 2
Rental: RM6.50psf
Sale: RM1000psf
Video : https://www.youtube.com/watch?v=8lMkV3KxYCc
Existing Furniture Plan: https://drive.google.com/file/d/15jhnsuBN2O0gXVAu9iLOkmAMbaaclr8o/view?usp=sharingPlaza Sentral
Block 3
Size: 10491sq.ft
Fitted Unit with move in condition
-Large Reception Area
-Waiting Lounge
-Discussion Room x 2
-Conference Room
-2 Manager Room
-30-50 work station
-HOD Room x 2
Rental: RM6.50psf1.15-KL Sentral Ground Floor @ Plaza Sentral
Size: 3100sq.ft
Rental: RM10psf
Fitted with
-Large reception with sitting lounge
-Operation Zone
-Large display zoning for product show showcase/presentation hall
-Manager Room
-Back Office RoomVideo: https://youtu.be/DQgCJ2SJ9go
Right fit for showroom, customer service, business chamber, beauty centre, medical centreInvestment
Supply & Demand
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