Does property Investment work in Malaysia?
According to Airbnb, Malaysia is one of the trending Airbnb destinations as it recorded an increase in non-urban nights booked after the pandemic, especially Kuala Lumpur. As the Airbnb market in Kuala Lumpur continues to thrive, discerning property investors and hosts are keen to identify the most lucrative locations.
Understanding the occupancy rate is crucial for making informed decisions. Key considerations include selecting an optimal location with a high average occupancy rate and determining the appropriate number of bedrooms. These factors are pivotal, as once you invest in a property, the location and bedroom count remain fixed. If you’re still unfamiliar, you can read the previous article on [Airbnb Occupancy Rates: A Guide For Property Investors].
Where Is A Good Place To Do Investment in Malaysia?
As the allure of property investments (Airbnb) continues to grow in Malaysia, one area stands out as a prime location for potential success—within a 5km radius of the iconic KLCC. In this comprehensive guide, we unveil the Top 10 Highest Earning Property Investment Locations in Kuala Lumpur for 2024, providing valuable insights for those looking to capitalize on this flourishing industry, including location, Kuala Lumpur airbnb price, and etc.
| Project | Location | Average Occupation Rate | Average Price | Size | Price PSF | Distance to KLCC |
|---|---|---|---|---|---|---|
| The Mews | Jalan Yap Kwan Seng | 86% | RM362 | 923 - 2,619 sq. ft. | RM1,296 | 1km |
| Star Residences Two | Jalan Mayang | 83% | RM893 | 707 - 2,989 sq. ft. | RM1,843 | 750m |
| Scarletz @ KLCC | Jalan Yap Kwan Seng | 82% | RM269 | 450 - 867 sq. ft. | RM1,622 | 1km |
| Quadro Residences | Jalan Kia Peng | 82% | RM418 | 1,927 - 2,343 sq. ft. | RM965 | 1.9km |
| Eaton Residences | Jalan Kia Peng | 81% | RM402 | 635 - 2,982 sq. ft. | RM1,303 | 2.8km |
| The Colony by Infinitum | Jalan Dewan Sultan Sulaiman | 80% | RM161 | 700 - 900 sq. ft. | RM938 | 3.2km |
| Suasana Bukit Ceylon | Persiaran Raja Chulan | 80% | RM420 | 743 - 1,582 sq. ft. | RM794 | 2.4km |
| Vipod Residences | Jalan Kia Peng | 79% | RM418 | 657 - 1,206 sq. ft. | RM1,164 | 2km |
| Fahrenheit 88 | Jalan Bukit Bintang | 75% | RM816 | 1,441 - 1,625 sq. ft. | RM648 | 1.9km |
| Suria Jelatek Residences | Jalan Jelatek | 73% | RM138 | 858 - 1,420 sq. ft. | RM422 | 3.7km |
| Crest Residence | Jalan Sultan Ismail | 66% | RM747 | 616 - 7,593 sq. ft. | RM588 | 1.3km |
| The Robertson | Jalan Robertson | 65% | RM477 | 537 - 807 sq. ft. | RM1,280 | 3.5km |
| Regalia | Jalan Sultan Ismail | 64% | RM202 | 500 - 2,400 sq. ft. | RM647 | 3.1km |
| 188 Suites | Jalan Sultan Ismail | 63% | RM390 | 610 - 1,263 sq. ft. | RM1,373 | 1.5km |
| The Face Suites | Jalan Sultan Ismail | 63% | RM620 | 850 - 1,500 sq. ft. | RM1,746 | 1.4km |
| Continew Residensi | Jalan Tun Razak | 59% | RM206 | 548 - 1,193 sq. ft. | RM1,240 | 4.6km |
| Opus Residences | Jalan Talallaa | 59% | RM700 | 704 - 1,153 sq. ft. | RM1,101 | 4.2km |
| Sky Suites | Jalan P. Ramlee | 56% | RM686 | 589 - 849 sq. ft. | RM1,212 | 900m |
| UBN Apartment | Jalan P. Ramlee | 55% | RM2,203 | 720 - 2,500 sq. ft. | RM677 | 1.3km |
| Legasi Kampung Bharu | Jalan Raja Muda Musa | 54% | RM380 | 947 sq. ft. | RM610 | 1.3km |
| The Forum | Jalan Tun Razak | 50% | RM147 | 800 - 3,409 sq. ft. | RM646 | 3.3km |
| Dorsett Residences | Jalan Bukit Bintang | 45% | RM425 | 652 - 1,333 sq. ft. | RM1,482 | 3.7km |
| Madge Mansions | Jalan Madge | 40% | RM244 | 3,950 - 4,607 sq. ft. | RM1,139 | 2.7km |
The Top 10 Highest Earning Airbnb Luxury Locations In Kuala Lumpur Are:
- The Mews
- Star Residences Two
- Scarletz @ KLCC
- The Colony by Infinitum
- Quadro Residences
- Eaton Residences
- Suasana Bukit Ceylon
- Vipod Residences
- Fahrenheit 88
- Suria Jelatek Residences
The statistics above are covering rentals over the past 12 months. Those occupancy rate are calculated based on the statistics includes:
- Airbnb booking data
- Average Length of Stay (ALOS)
- Average Daily Rate
- Revenue per bedroom
- Average Daily Rate (ADR)
- Guest Demographics
- Neighbourhood Analysis heatmap
- And many more other Airbnb Statictics
Comprehensive Analysis on those Investment Property
- Luxurious Amenities:
This upscale project boasts state-of-the-art amenities designed to elevate the living experience for both residents and Airbnb guests. From panoramic skyline views and a stunning rooftop pool to meticulously designed interiors, those projects promises a luxurious stay that aligns with the discerning tastes of modern travelers.
- Flexible Unit Configurations:
Investors can choose from a range of unit configurations, including well-appointed studios, chic one-bedroom apartments, and spacious two-bedroom suites. The flexibility in unit types allows for catering to diverse guest preferences, ensuring a broad appeal in the competitive Airbnb market.
- Strategic Partnerships:
Those projects has established strategic partnerships with Airbnb property management services, streamlining the process for investors to list their units on the platform. This collaborative approach enhances the property’s visibility, occupancy rates, and overall performance in the short-term rental market.
- Optimized Returns:
With the growing popularity of Airbnb in Kuala Lumpur, those projects presents a lucrative opportunity for investors seeking optimized returns. The combination of the prime location, luxury amenities, and strategic partnerships positions this project as a standout choice for those looking to thrive in the dynamic Airbnb landscape around KLCC.
Potential New Launch Project in future
The thriving Airbnb market presents an excellent opportunity for property investors to capitalize on the demand for short-term rentals in this prime location. In the article below, we’ll explore the unique features and investment potential of the projects, which are standout property project perfectly suited for Airbnb ventures in Kuala Lumpur.
- Armani @ KLCC – From RM658k
- Kyliez Suites @ KLCC – From RM690k
- Branniganz Suite @ Bukit Bintang – From RM747k
- Core Residence @ TRX – From RM 1.362m
- JRK Convena @ Bukit Jalil – From RM448k
- Sunway Flora @ Bukit Jalil – From RM650k
- The Jalil Residence @ Bukit Jalil – From RM425k
- Ixora Residence @ ARI Permaisuri, KL – From RM480k
- Flex SOVO @ Bukit Jalil – From RM380k
- The Rosewoodz @ Bukit Jalil – From RM635k
Conclusion
In conclusion, the thriving Airbnb market in Kuala Lumpur, highlighted by its global recognition and increasing demand, presents a golden opportunity for property investors. The Top 10 Highest Earning Airbnb Locations in Kuala Lumpur for 2024, particularly within the 5km radius of KLCC, offer a strategic and lucrative investment property.
Understanding the critical role of occupancy rates and key factors such as location and bedroom count is paramount for informed decision-making. As discerning investors seek to capitalize on the flourishing industry, these insights, backed by comprehensive statistics including Airbnb booking data, Average Length of Stay (ALOS), Average Daily Rate (ADR), revenue per bedroom, guest demographics, and neighborhood analysis, provide a solid foundation for success.
Investing in the identified prime locations is not just about securing property; it’s about securing a stake in the dynamic and prosperous Airbnb market in Kuala Lumpur, ensuring sustained returns and valuable contributions to your investment portfolio. As the city continues to attract global attention, now is the opportune moment to position yourself for success in the ever-growing short-term rental landscape.
Disclaimer: The statistical data presented herein is derived from Met Property’s proprietary research team. Results may not precisely reflect actual market conditions.