Property Review

CORE Residence @ TRX, Kuala Lumpur

Powered by verified data + DOSM

Generated 14 June 2026

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Executive Summary

Developer

Location

KL City Centre, Kuala Lumpur

Type

Serviced Apartment

Price

RM1.5 mil+

Tenure

Freehold

Completion

NewProjek Verdict

  • **Value & Pricing**: At RM1.52M entry point for a serviced apartment in KL City Centre, pricing is positioned at the premium end of the market; value depends heavily on unit size, facilities, and rental yield potential, which require detailed specification review to justify the price-to-market positioning.
  • **Location & Connectivity**: TRX's central location offers strong urban amenities and walkability within the financial district; however, the absence of nearby MRT connectivity is a notable disadvantage compared to competing developments, potentially limiting appeal to transit-dependent buyers and tenants.
  • **Risk & Timing**: The unspecified completion date creates uncertainty for investors regarding cash flow timing and market conditions at handover; additionally, the serviced apartment sector carries execution risk dependent on management quality and occupancy rates in a competitive market.

NewProjek Score

6

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

12.4x

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

RM10,234/mo

DOSM 2022

Mean Household Income

RM13,325/mo

DOSM 2022

Households Above RM8k

~58%

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

  • Under construction — completion delays are possible
  • Premium pricing relative to area median may limit resale upside
  • No MRT/LRT station listed nearby — may affect future demand

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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.