The Orion, KL City Centre
-, 50300, Kuala Lumpur
RM 1,500,000
4+1
Beds
5
Baths
4,569
sqft (floor)
RM 328
psf (floor)
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About The Orion
The Orion Triplex Unit for Sale
If you're seeking a high-potential investment in the heart of Kuala Lumpur, this rare triplex unit at The Orion offers an attractive co-living business model. Located strategically on Jalan Tun Razak, near KLCC and surrounded by prime office buildings, this unit is a golden opportunity for the savvy investor looking to tap into the growing demand for affordable, urban living.
Property Highlights:
Unit Type: Rare triplex unit
Build-Up Size: 4,569 sq ft
Bedrooms: Originally 4+1, converted to 10 bedrooms
Occupancy: Each room can fit 2 tenants, providing a total capacity of 20 occupants
Rental per Tenant: Currently RM450 per pax, but market rates suggest potential for an increase
Monthly Maintenance Fees: RM2,350
Asking Price: RM1.5 million
The Orion is perfectly positioned near some of Kuala Lumpur’s most prominent office hubs, ensuring a steady stream of potential renters:
Menara TM (Telekom Malaysia's headquarters)
IJN (National Heart Institute)
The Intermark (offices and retail)
G Tower
UOA Corporate Tower
These office buildings house thousands of employees, many of whom are young professionals seeking affordable, well-located housing options. The demand for co-living spaces is especially high among this demographic, and The Orion is ideally located to meet this need.
Current Rental Yield and Upside Potential:
With the current rental rate of RM450 per tenant, the monthly gross rental income stands at RM9,000 (20 tenants x RM450). However, the rental market in this area supports higher rates. Increasing the rent to RM550 per tenant, which is still competitive, could push the monthly rental income to RM11,000, significantly improving the yield.
The unit already comes furnished with built-ins and room rental furniture, reducing your initial capital expenditure.
For more information and viewing appointment please call/whatsapp : Siti @ +6*****
Common facilities
24-hour security
Bbq
Gym
Jacuzzi
Estimated mortgage
The Orion, KL City Centre
The Orion is a beautiful condominium located in Jalan Tun Razak, Kuala Lumpur – the capital city of Malaysia. This freehold development was developed by Swasta Setia Holdings and was completed in the year 2006. The Orion Residence has 36 stories and 202 residences. The build-up size is 1,161 - 1,629 sq ft, with three different layout options. The common units built-up range from 1,161 to 1,629 sq ft, with duplexes and penthouses having a built-up ranging from 3,335 to 4,558 sq ft. The Orion has six levels of resident parking and two levels of facility deck. The sub-basement also contains enough parking for visitors (55 lots). The condo features a lobby, waiting area for visitors, 24-hour security, as well as a high-level card access system to prevent unauthorized entry. The community also features a jacuzzi in the building. One of the advantages of this being an established area is the wide range of incredible amenities readily available. Luxurious shopping establishments like Quill City Mall Kuala Lumpur (3.2 km), Intermark Mall (4.3 km), Gurney Mall (4.4 km), Avenue K Shopping Mall (5.6 km), Suria KLCC (6.1 km) and Great Eastern Mall (6.8 km) are within a reachable distance from The Orion. These establishments do not only offer highly branded stores but also provide leisure activities for the residents to enjoy with families and friends. For recreational activities and relaxation after work, the residents can visit nearby parks such as Taman Tasik Titiwangsa, KLCC Park and KL Forest Eco Park. Furthermore, opposite The Orion is the award-winning National Library of Malaysia, a place to provide reference and research information in various media for all age groups in the country. Connectivity is a big plus as the site is easily accessible via Jalan Tun Razak, DUKE Highway, AKLEH Highway and Jalan Ampang. The nearest bus lines: Bus 402, Bus 220, Bus 302The nearest MRT lines: Hospital Kuala Lumpur MRT, Raja Uda MRT, Ampang Park MRT The nearest Monorail Lines: Chow Kit Monorail, Titiwangsa MonorailThe nearest LRT Lines: Kampung Baru LRT, Ampang Park LRT Its convenient location allows easy access to nearby prestigious schools. Various public and international schools are situated in the immediate area, namely SK Jalan Raja Muda (1.5 km), Sekolah Kebangsaan Kampong Bharu (2.1 km), Sekolah Menengah Kebangsaan Seri Titiwangsa (3.7 km), St John's International Secondary School (6.0 km) and SK Convent (1) Bukit Nanas (6.4 km). This unique development location is just opposite the renowned National Heart Institute (IJN) (500 m). In addition, the residents can head to nearby hospitals as well such as KPJ Tawakkal KL Specialist Hospital (2.3 km), HSC Medical Center (4.6 km) and Gleneagles Kuala Lumpur (6.6 km) for regular check-ups or in case of any medical situations. The Orion is an ideal place to call home where anything you need is within reach as there are schools, medical institutions, shopping malls, dining, leisure and other important amenities are available in the vicinityUpdated on 14-June-2022
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