Pavilion Residences, Kuala Lumpur

  • Caitlyn
  • 5 February 2021

Pavilion Residences is a 5-star condominium that sits atop the 7-storey Pavilion Kuala Lumpur shopping mall, which is part of a world-class 12.6-acre integrated development, Pavilion Kuala Lumpur, which includes a 19-storey signature office tower, as well as the 200-room hotel and suites Raffles Kuala Lumpur.

The residences comprises 368 units in 2 towers, standing at 50- and 43-storeys respectively. Pavilion Residences was developed by the Urusharta Cemerlang in 2009, and some are of the opinion that it is one of the best places to live.

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This development features multiple facilities, including a beautiful sky garden where residents can enjoy a fresh environment that’s complemented by a view. The sky garden is located at the roof level of the shopping mall. There is a business centre, reading room, multi-purpose hall, and barbecue area residents can spend time with their family or get some ‘me’ time.

Pavilion Residences is surrounded by developments such as Dorsett Regency, Sri Kia Peng, 8 Conlay, 1 Stonor, and The Pearl. It is right smack in the middle of Kuala Lumpur’s shopping haven and is near other shopping malls such as Starhill Gallery, KL Plaza, and Lot 10. With all the malls and commercial activities in the area, Bukit Bintang is usually congested day and night.

Through the years, Pavilion Residences has become one of the icons of Bukit Bintang. If you take a stroll in Bukit Bintang, look up and try to spot 2 elegant towers that are parallel to Starhill Gallery. Now, that’s Pavillion Residences!

Whatever your lifestyle may be, you’ll find everything you need here. All kinds of good food, a wide array of international and local brands, conveniences, the best selection of entertainment, parks, unique attractions, and more.

Its prime location right at the heart of Kuala Lumpur’s Golden Triangle has made it a popular choice for career-oriented individuals and young families. Pavilion Residences was completed in 2009.

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Pavilion Kuala Lumpur is built on the former site of Bukit Bintang Girls School. The school was moved to Cheras in year 2009, and is now known as Sekolah Seri Bintang Utara. Pavilion Kuala Lumpur was awarded the prestigious FIABCI Prix d’Exellence Award 2009 for Retail, currently housing some of the world’s finest brands.

KL Pavilion Sdn Bhd is the development manager for the entire Pavilion KL development, while Pacific Star Asset Management Ltd is the asset manager for Pavilion Residences Tower 1.

Address: Jalan Raja Chulan, Off Pavilion, 55100, Kuala Lumpur

Property Type: Condominium

Land Title: Residential

No. of Storeys: 43 (Tower 1) & 50 (Tower 2)

Total Units: 368 (Tower 1: 163, Tower 2: 205)

Tenure: Leasehold

Year of Completion: 2009

Built-up Area: 1,057 sq ft – 17,718 sq ft

Facilities:

  • Swimming pool
  • Tennis court
  • Gymnasium
  • Aerobic studios
  • Sunken yoga courtyard
  • Jacuzzi
  • Outdoor exercise court
  • Wading pool for children

Launch Price: N/A

Launch Price Per Sq Ft: From 900 psf

Maintenance Fee: RM0.55 psf

Awards: FIABCI Prix d’Exellence Award 2009 for Retail

Project Details

The beautifully designed development contains 2 towers. There are 43 storeys in Tower 1, and 50 storeys in Tower 2. The number of units in Tower 1 and 2 are 163 units and 205 units respectively, and that totals to 358 units.

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Pavilion Residences’ built-up ranges from 1,088 sq ft to 1,307 sq ft (2 bedrooms), 1,057 sq ft to 2,405 sq ft (3 bedrooms), and 3,394 sq ft to 6,689 sq ft (4 bedrooms). 

Amenities available at Pavilion Residences includes 24-hour security, barbeque area, gymnasium, swimming pool, playground, and tennis court. Each unit has its own parking lots that is separate from the hotel.

The launch price of Pavilion Residences was at RM900 per sq ft, and the maintenance fee is at RM 0.55 per sq ft.

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  • Type A1: 1,307 sq ft (2 bedrooms)
  • Type A2: 1,509 sq ft (2 bedrooms)
  • Type A3: 1,234 sq ft (2 bedrooms)
  • Type A3a: 1,057 sq ft (2 bedrooms)
  • Type B1: 2,013 sq ft (3 bedrooms)
  • Type B2: 2,645 sq ft (3 bedrooms)
  • Type B3: 2,405 sq ft (3 bedrooms)
  • Type C1: 3,394 sq ft (4 bedrooms)
  • Type C2: 4,157 sq ft (3 bedrooms)
  • Type C3: 4,227 sq ft (4 bedrooms)
  • Type D1: 5,743 sq ft (Duplex – 4 bedrooms)
  • Type D2: 7,174 sq ft (Duplex – 4 bedrooms)
  • Type D3: 6,369 sq ft ((Duplex – 4 bedrooms)
  • Type D3a: 6,689 sq ft (Duplex – 4 bedrooms)
  • Penthouse: 17,718 sq ft
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Location

Pavilion Residences is in the midst of the hustle and bustle of a capital city. Being in a prime area, the development is also near multiple commercial and office buildings, like Menara HLA, Wisma Cosway, and hotels like JW Marriot Hotel, The Westin Kuala Lumpur, Pullman Kuala Lumpur Hotel, Hotel Istana, Concorde Hotel Kuala Lumpur, Equatorial Hotel Kuala Lumpur, and Grand Hyatt Kuala Lumpur Hotel.

As for restaurants and cafes, Pavilion Kuala Lumpur mall has many to choose from, and a short drive or walk away are heritage eateries, which have been around for decades. So, the problem here is really about having to narrow the wide number of options and choose!

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Residents also enjoy easy accessibility as the development is connected through major roads and highways such as Jalan Raja Chulan, Jalan Bukit Bintang, Jalan Imbi, Jalan Tun Razak, Jalan Kampung Pandan, Jalan Tengah, Jalan Kia Peng and Jalan Ceylon.

Accessibility

  • Jalan Raja Chulan
  • Jalan Bukit Bintang
  • Jalan Imbi
  • Jalan Tun Razak
  • Jalan Kampung Pandan
  • Jalan Tengah
  • Jalan Kia Peng
  • Jalan Ceylon
  • MRT Tun Razak Exchange
  • Monorail Imbi
  • Monorail Raja Chulan

Education

  • BERJAYA University College
  • INTI International College KL
  • University of Nottingham Teaching Centre
  • YTL International College of Hotel Management
  • St John’s International Schools
  • SEGI College

Medical Care

  • Beverly Wilshire Medical Centre
  • Prince Court Medical Centre
  • Twin Towers Medical Centre
  • National Heart Institute (Institut Jantung Negara)
  • KL General Hospital
  • Tung Shin Hospital

Shopping

  • Pavilion KL
  • Suria KLCC
  • Starhill Gallery
  • Lot 10 Shopping Centre
  • Fahrenheit 88 Mall
  • Berjaya Times Square
  • Avenue K Shopping Mall
  • The Exchange Mall
  • Sungei Wang Plaza
  • Low Yat Plaza

Recreation

  • National Art Gallery
  • Istana Budaya
  • Taman Tasik Titiwangsa
  • Titiwangsa Sports Complex
  • Royal Selangor Golf Club
  • TRX Central Park
  • KL Forest Eco Park
  • Perdana Botanical Gardens
  • KL Eco Park
  • KLCC Park
  • Petronas Twin Towers
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Analysis

Pavilion Residences has a lot going for it – multiple facilities, convenience (as it sits on top of a world-class shopping mall), and of course, tight security. As with any hot area, congestion is expected (with standstills during peak hours), and noise pollution from the city’s vehicular, shopper and pedestrian traffic.

The address spells prestige, and this is evident in its price tag. A 1,307 sq ft unit listed for sale on PropertyGuru in January 2021 is from RM2.2 million to RM2.55 million. For rent, it is listed from RM4,500 to RM7,500 per month.

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For units purchased at RM2.3 million, and rented out at RM6,500 per month, the gross rental yield would be 3.39% per annum.

Here’s a look at residential properties in the KL city centre.

Project

Land Tenure

Property Type

Completion

Built-up

Approximate Launch Price

Pavilion Residences by Urusharta Cemerlang

Leasehold

Condominium

2009

1,057 sq ft – 17,718 sq ft

From RM900 psf

Lucentia Residences, Bukit Bintang City Centre by UDA Holdings Bhd

Leasehold

Serviced Residence

2020

454 sq ft –  882 sq ft

 

From RM749,100

Hemmon House by Forebase Property Sdn Bhd

Freehold

Serviced Apartment

2020

820 sq ft – 1,083 sq ft

(Dual-key units)

From RM2,400 psf

Verticas Residensi by Wing Tai Malaysia Berhad

Freehold

Condominium

2012

1,427 sq ft – 5,342 sq ft

 

From RM1.7 million

Dorsett Residences Bukit Bintang by Far East Consortium International Limited

Freehold

Serviced Apartment

2018

652 sq ft – 1,331 sq ft

From RM1.25 million

The Troika by BRDB

Freehold

Condominium

2010

960 sq ft  –21,688 sq ft

From RM1,000 psf

Impression U-Thant by Yong Tai

Freehold

Condominium

2021

782 sq ft – 1,632 sq ft (dual-key)

From RM1.38 million

Core Residence at TRX by Core Precious Development Sdn Bhd

Freehold

Serviced Residence

2023

624 sq ft – 1,022 sq ft

From RM1.44 million

Conlay by Eastern & Oriental Bhd and Mitsui Fudosan Group

Freehold

Serviced Apartment

2024

732 sq ft – 1,335 sq ft

 

From RM1.46 million

Isola KLCC by OCR Group

Freehold

Serviced Residence

2021

680 sq ft – 3,080 sq ft

From RM1.18 million

Agile Embassy Garden by Agile Group Holdings 

Freehold

Serviced Apartment

2024

554 sq ft – 1,005 sq ft

 

From RM1.06 million

Yoo8 serviced by Kempinski (Tower B) by KSK Land

Freehold

Serviced Residence

 

2020

705 sq ft – 1,328 sq ft

 

From RM2.3 million

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Summary

Some describe Pavilion Residences as the epitome of urban luxury living, for its strategic location and quality infrastructure. Its 6-star living comes with en suite bathrooms, air-conditioning and high-quality fittings and finishing, including marble and timber flooring, with views of the Petronas Twin Towers and the Kuala Lumpur city skyline.

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Here are estimated loan figures for a unit priced at RM2.3 million.

  • LTV / margin of finance: 70%
  • Down payment (30%): RM690,000
  • Loan amount: RM1.61 million
  • Loan term: 30 years
  • Interest rate: 3.2%
  • Monthly repayment: RM6,963
  • Approximate required gross annual income: RM280,000*

These calculations are based on the PropertyGuru Home Loan Calculator, and PropertyGuru’s Home Loan Eligibility and Affordability Calculator.

If you’re interested in calculating Debt Service Ratio (DSR), you may refer to the PropertyGuru Home Loan Pre-Approval tool. It is FREE to use and helps you avoid loan rejections. It has a 99.9% accuracy so you can be sure of home loan approval!

* Assumptions: You have no other monthly debt obligations, and 30% of gross income will be spent on the housing loan. As a rule of thumb, banks usually loan up to 30% of your gross annual income.

More reads on properties in KL city centre:

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Eric Wong

Caitlyn

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