Scarletz KLCC – Jalan Yap Kwan Seng

Scarletz KLCC

Exsim another project going to launch in Jalan Yap Kwan Seng. Scarletz KLCC Just 800 meter to KLCC, consider walking distance. Exact location is next to Megan Avenue. IS office suite , similar like summer suite. Size from 450 sqf to 550 sqf (dual key). The size majority only work for Airbnb and home stay. The surrounding constructing property include Star Residence, Royce Residence and Isola. All of them around RM 1700 psf. If for investment Scarletz consider lowest price but is office suite and no car park.
Exsim previous project always in good quality, from The Treez Bukit Jalil, Leafz Salak South, Twin Arkz Bukit Jalil, Petalz Residence, Rainz Bukit Jalil(going to complete), Expressionz Jalan Tun Razak (going to complete), Nidoz Desa Petaling, Ceylonz, Millerz, and now Scarletz KLCC.
However as Airbnb, are getting challenge now. Getting more Service Apartment in KLCC and Bukit Bintang rent out for Home Stay. I can estimate the daily rent for Airbnb the price will reduce in another 2 to 3 years. There are also many new hotel going to complete soon, however all of them are 4 and 5 stars. The price normally from RM 350 ++. There are many old office low occupy rate, and the owner might convert it to hotel. Like Holiday inn express in Jalan Raja Chulan  is very good example, and their daily rate normally from RM 220 ++. So the airbnb the price normally from RM 200 or lower. Unless in very strategic location and nice decoration. Like viewing KLCC or near to KLCC, Pavillion, walking distance to MRT station then the price can reach to RM 250 per night.
My unit in Bukit Bintang area also doing Airbnb, last 2 years my unit rent for RM 180 ++, now I reduce to RM 160++ as more supply now and tourist able to compare. I can estimate more tourist will be coming to Malaysia from South East Asia. KLCC and Bukit Bintang Area will boom again in another 5 years. So let see Scarletz KLCC will be rent out for how much.


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