Property Review

CORE Residence @ TRX, Kuala Lumpur

Powered by verified data + DOSM

Generated 29 July 2026

← Back to listing
Executive Summary

Developer

Location

KL City Centre, Kuala Lumpur

Type

Serviced Apartment

Price

RM1.5 mil+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Pricing & Value**: Units priced from RM1.52 million position CORE Residence at the premium end of the serviced apartment market; value proposition depends on rental yield potential and comparable sales in KL City Centre, though limited transparency on developer track record and amenities warrants thorough due diligence.
  • **Location & Connectivity**: TRX location offers proximity to Kuala Lumpur's financial and commercial core with established infrastructure; however, the absence of listed MRT connectivity is a notable drawback for a city-centre property, potentially limiting tenant appeal and long-term capital appreciation relative to transit-oriented developments.
  • **Risk & Timeline**: The lack of specified completion date introduces execution risk and delays that could impact investment returns and rental income commencement; coupled with the serviced apartment sector's exposure to tourism and corporate travel volatility, purchasers should seek clarity on delivery timelines and occupancy guarantees before

NewProjek Score

6.5

Moderate

  • Developer verification status not confirmed
  • Freehold tenure provides long-term ownership security
  • Priced 79% above area median — premium pricing
Market Price Analysis

Is this project priced fairly?

Developer PriceRM1,520,000
Kuala Lumpur MedianRM850,000
Priced 79% above area median

W.P. Kuala Lumpur — Median Condo Prices (Verified)

YearMedian PriceYoY Change
2021RM780,000
2022RM800,000+2.6%
2023RM820,000+2.5%
2024RM835,000+1.8%
2025RM850,000+1.8%
Investment Analysis

Est. Monthly Rental

RM5,200–7,000

Based on similar properties in Kuala Lumpur

Gross Rental Yield

4.3%–5.3%

Annual rental / property price

Area Price Trend

+9%

Verified data 2021–2025

Price-to-Income

11.7x

National avg: 6.8x

Loan Eligibility by Salary

Monthly SalaryMax AffordableCan Afford?
RM5,000RM704kNo
RM7,000RM1.0 milNo
RM10,000RM1.5 milStretch
RM15,000RM2.3 milYes
RM20,000RM3.2 milYes

Based on 4.5% interest, 35-year tenure, 70% DSR, RM500 existing commitments, 90% loan margin

Area Profile

DOSM income data for Kuala Lumpur

Median Household Income

RM10,802/mo

DOSM 2024

Mean Household Income

RM13,985/mo

DOSM 2024

Households Above RM8k

~61%

Estimated for Kuala Lumpur

Why Consider + Risk Factors

Why Consider

  • Prime KL City Centre location in prestigious TRX development
  • Freehold tenure ensures long-term ownership and asset appreciation
  • Serviced apartment offering hassle-free living and rental income
  • Strategic central business district positioning for investment growth
  • Modern amenities and professional management in iconic landmark

Risk Factors

  • Premium pricing relative to area median may limit resale upside
  • No MRT/LRT station listed nearby — may affect future demand

Sign in to view full review

Free forever. Get rental yield, loan eligibility, comparable projects and risk assessment.

Google sign-in or magic link • No password needed

Disclaimer: This report is generated using publicly available data from the government, DOSM, and developer disclosures. Rental estimates, yield projections, and risk assessments are indicative only and do not constitute financial advice. Market conditions may change. Consult a licensed property valuer or financial advisor before making investment decisions. NewProjek is not responsible for any decisions made based on this report.