Pearl Point, Old Klang Road: Rental Investment

Own a unit at Pearl Point Condominium? The default operating model is a condition-led whole-unit family tenancy across the 1,100 sq ft three-bedroom layouts, capitalizing on the direct pedestrian bridge to Pearl Point Shopping Mall and Jaya Grocer. While SPEEDHOME records zero dedicated in-building listings today (measured_null), surrounding Old Klang Road corridor demand is fierce, proven by OUG Parklane at RM2,000 logging 47 chat requests and 10 viewings (measured), and Citizen 2 recording 80 chat requests and 24 viewings for rooms at RM800 (measured). Whole-unit asking rents on Mudah span RM1,300 to RM2,000 a month with fresh 1-day turnover (measured), while PropertyGuru documents a sub-RM1,000 budget tier starting from RM700 (search excerpt). Against Brickz transacted records showing 8 sales with a median price of RM360,000 at RM319 psf and a 25th percentile of RM300,000 (search excerpt), a conventional whole-unit let earns an attractive 4.3% to 6.7% gross yield (lifting to 5.2%–8.0% at the RM300,000 entry point) before the 2.19% platform fee. The biggest caveat: completed between 1991 and 1997, building maintenance fees are unpublished (measured_null), making a pre-purchase audit of internal plumbing stacks, lift mechanicals, and sinking fund reserves mandatory.

Three ways to run your unit

Pick an operating card below to evaluate your expected cash flows. The calculator loads the transacted Brickz median price of RM360,000 and the fresh whole-unit rent of RM1,500, fully editable with your exact acquisition cost and signed tenancy agreement.

• Whole-unit family let (Recommended default): Lease the complete 1,100 sq ft 3-bedroom, 2-bathroom apartment to a working household or family drawn by the covered walkway into Pearl Point Shopping Mall. In-building whole-unit asks on Mudah range from RM1,300 for basic condition up to RM1,500 (listed 1 day ago), RM1,800 fully renovated, and RM2,000 fully furnished (measured). This model captures steady 12-month zero-deposit tenancies with minimal day-to-day management friction, generating 4.3% to 6.7% gross yields against the RM360,000 Brickz median.
• Room-by-room co-living (High management overhead): Take advantage of strong corridor room demand from young commuters working along Old Klang Road. On SPEEDHOME, nearby OUG Parklane commands RM600 per room (15 requests, 6 viewings), while Citizen 2 commands RM800 per room (80 requests, 24 viewings) (measured). Splitting a 3-bedroom unit into rooms at corridor rates yields RM1,800 to RM2,400 monthly — marginally out-grossing whole-unit rents at the top end. However, with no dedicated in-building room benchmark and DBKL partition restrictions governing strata units, room splitting adds tenant turnover, cleaning costs, and utility disputes without a decisive yield advantage.
• Short-stay accommodation (Unverified / zero-basis): Attempting to host tourists visiting Mid Valley Megamall or the adjacent Pearl International Hotel. However, an Airbnb sweep of 11 listings found zero building-named properties operating at Pearl Point (measured_null), with searches returning corridor units in Millerz Square and Mid Valley asking RM121 to RM241 a night (search excerpt). Strata management corporations have legal authority under Act 757 to prohibit short-term letting. Underwrite short-stay income at zero until you inspect the MC's registered house rules.

What can you earn?

The rental arithmetic starts with platform transparency: SPEEDHOME currently hosts zero dedicated listings under the Pearl Point Condominium entity (measured_null), with the search page displaying 40 nearby properties without a single in-building listing.

Demand in the immediate Old Klang Road corridor on SPEEDHOME demonstrates powerful tenant activity across 16 local property cards: - OUG Parklane commands RM2,000 a month for whole units with 47 lifetime chat requests and 10 viewings (measured, created 2026-09-12), and RM600 for room rentals with 15 chat requests and 6 viewings (measured). - The Scott Garden logs RM1,800 a month with 24 chat requests and 7 viewings (measured, created 2026-09-09). - Citizen 2 records RM800 for a roommate listing with 80 chat requests and 24 viewings (measured, created 2025-11-09). - Southbank Residence commands RM2,500 pet-friendly (measured, created 2026-10-11). - Riverville Residences commands RM2,600 pet-friendly (measured). - Tiara Mutiara 2 records RM2,000 with 2 chat requests (measured). - Avara Seputeh logs RM2,500 with 34 chat requests and 1 viewing (measured).

On Mudah, the Pearl Point entity shows 4 active listings spanning RM1,300 to RM2,000 a month with rapid turnover (measured): - RM1,500 a month: 3-bedroom, 2-bathroom, 1 parking, 1,100 sq ft (measured, listed 1 day ago). - RM1,800 a month: 3-bedroom, 2-bathroom, fully renovated, 1,100 sq ft (measured). - RM2,000 a month: 3-bedroom, 2-bathroom, fully furnished, 1,100 sq ft (measured, listed 1 week ago). - RM1,300 a month: 3-bedroom, 2-bathroom, 1,100 sq ft basic unit (measured, listed 15/09/2026).

Underneath the whole-unit band, PropertyGuru records 4 units for rent below RM1,000 starting from RM700 a month, alongside a Mudah card showing RM850 a month (search excerpt). This represents an unadjudicated coexisting budget tier of individual rooms or unrenovated condition units.

In the sales market, Brickz provides transacted historical data under the verbatim name "THE PEARL (PEARL POINT), OLD KLANG ROAD" (search excerpt): - 8 non-landed sales transactions recorded. - Median transacted price: RM360,000 (RM319 psf). - 25th percentile (P25) entry price: RM300,000. - Note that non-condominium search false hits like Pinang Apartment (RM328 psf) and Centre Court flat (RM215 psf) are distinct developments and discarded. While an irumah summary indicates ~RM380 psf (~RM420,000 implied on 1,100 sq ft), the raw Brickz median of RM360,000 at RM319 psf governs our analysis.

Here is the worked division for a conventional whole-unit tenancy against the transacted Brickz median of RM360,000: - Basic condition rent (RM1,300): - RM1,300 x 12 = RM15,600 annual rent - RM15,600 / RM360,000 = 4.33% (~4.3% gross yield, before 2.19% platform processing fee) - Midpoint fresh listing rent (RM1,500): - RM1,500 x 12 = RM18,000 annual rent - RM18,000 / RM360,000 = 5.00% (5.0% gross yield) - Fully renovated unit rent (RM1,800): - RM1,800 x 12 = RM21,600 annual rent - RM21,600 / RM360,000 = 6.00% (6.0% gross yield) - Premium fully furnished unit rent (RM2,000): - RM2,000 x 12 = RM24,000 annual rent - RM24,000 / RM360,000 = 6.67% (~6.7% gross yield)

Worked division on the Brickz 25th percentile entry price (RM300,000): - At RM1,300 rent: RM15,600 / RM300,000 = 5.20% (5.2% gross yield) - At RM1,500 rent: RM18,000 / RM300,000 = 6.00% (6.0% gross yield) - At RM2,000 rent: RM24,000 / RM300,000 = 8.00% (8.0% gross yield)

Worked division for a 3-bedroom room split based on corridor rates (3 x RM600–RM800 = RM1,800–RM2,400): - Lower corridor rate (3 x RM600 = RM1,800): RM1,800 x 12 = RM21,600 / RM360,000 = 6.00% (6.0% gross yield) - Upper corridor rate (3 x RM800 = RM2,400): RM2,400 x 12 = RM28,800 / RM360,000 = 8.00% (8.0% gross yield)

Operating costs: Monthly maintenance fees for Pearl Point are not published in public records (measured_null). In the surrounding corridor, Golden Crown Residence asks approximately RM0.80 psf including sinking fund, while M Aurora indicatively asks RM0.30 psf excluding sinking fund (distinct projects, corridor context only). Annual quit rent and local DBKL assessment taxes are unpublished.

Why Pearl Point Condominium

Pearl Point Condominium is a mature freehold residential development completed between 1991 and 1997 by Aikbee Timbers Sdn Bhd (Aik Bee Group). Situated at Batu 5, Old Klang Road, 58000 Kuala Lumpur under Dewan Bandaraya Kuala Lumpur (DBKL), the residential development consists of 304 condominium units within a single 19-storey tower. Standard layouts center on generous 1,100 sq ft floor plans configured with 3 bedrooms and 2 bathrooms, with layout sizes across the development ranging from 780 to 1,238 sq ft. Crucially, the residential tower connects directly via an internal covered pedestrian bridge to Pearl Point Shopping Mall, Pearl Shopping Gallery, and the Pearl International Hotel.

The building's unique commercial moat is this direct covered integration with retail amenities and grocery essentials, anchored by Jaya Grocer and diverse dining options. Located along the bustling Old Klang Road corridor, residents enjoy rapid transit to Mid Valley Megamall, KL Sentral, and Bangsar South, as well as seamless vehicle connections to the New Pantai Expressway (NPE), Federal Highway, and KESAS. This attracts long-stay corporate professionals, healthcare personnel, and established families who prioritize daily convenience over newly built compact studio formats.

With a transacted Brickz median of RM360,000 (RM319 psf), Pearl Point represents one of the most accessible entry points for freehold residential property in Kuala Lumpur. However, being a 1990s build, investor returns are determined by internal condition rather than structural novelty. Tired units with original fittings struggle to achieve RM1,300 a month, while units upgraded with modern sanitary ware, refreshed kitchens, and clean furnishings command RM1,800 to RM2,000 and lease within days. Pet-friendly units also see strong market engagement, capturing a 15% to 20% rental premium where allowed. SPEEDHOME coliving is cat-friendly — cats welcome in our coliving rooms; building rules can vary.

5 checks before you buy

1. Verify the individual strata title deed and parcel designation — Ensure the unit is held under an individual freehold strata title registered under DBKL. Verify allocated car parking bays and confirm that the residential strata parcel is legally severed from the adjacent commercial podium and hotel. Done: official copy of the issue document of title inspected.

2. Review MC house rules regarding tenancy types and submeters — Obtain the management corporation's registered house rules governing multi-tenancy room letting, tenant registration, and submetering. Ensure you know the by-law boundaries under Act 757. Done: written house rules confirmed with management.

3. Audit sinking fund reserves and historical special assessments — In a building constructed in the 1990s, major capital expenditures for lift overhauls, central plumbing risers, and facade waterproofing are unavoidable. Inspect the audited financial statements from the last three AGMs to confirm sufficient sinking fund reserves. Done: 3 years of audited AGM financial statements reviewed.

4. Inspect concealed piping, sewage risers, and electrical distribution boards — Plumbing failures and electrical aging are primary cost hazards in 30-year-old high-rises. Check for dampness around bathroom thresholds, test water pressure, and inspect the main circuit breaker. Done: independent pre-purchase defect inspection completed.

5. Verify transacted pricing against the Brickz median — Benchmark any offer against the transacted Brickz median of RM360,000 (RM319 psf) and the lower quartile of RM300,000 rather than speculative asking prices. Done: recent transacted comps and formal bank valuation in hand. See the real cost of self-managing a rental.

FAQ

What rental yield does Pearl Point Condominium achieve?

Based on transacted sales records on Brickz showing an 8-transaction median of RM360,000 (RM319 psf), an active whole-unit let renting between RM1,300 and RM2,000 a month delivers a gross rental yield of approximately 4.3% to 6.7% before operating expenses and the 2.19% platform processing fee. For units acquired near the 25th percentile price of RM300,000, gross yields increase to between 5.2% and 8.0%.

Can I rent out rooms individually at Pearl Point?

While surrounding corridor demand for rooms is strong — with OUG Parklane commanding RM600 and Citizen 2 commanding RM800 per room (measured) — Pearl Point currently has zero dedicated in-building room listings on SPEEDHOME. Splitting an 1,100 sq ft 3-bedroom unit yields RM1,800 to RM2,400 monthly at corridor rates, but multi-tenancy requires written MC clearance and submeter installations, alongside DBKL partition compliance. See the room rental and co-living guide.

Is short-stay or Airbnb permitted at Pearl Point Condominium?

There are zero active building-named short-stay listings on Airbnb (measured_null), with platform results defaulting to surrounding corridor stock in Millerz Square and Mid Valley. Because the complex includes the adjacent Pearl International Hotel, management enforces strict residential zoning. Under Act 757, management corporations can pass by-laws prohibiting short-term commercial rentals. You should underwrite short-stay income at zero until you inspect the registered house rules.

Are pets allowed at Pearl Point Condominium?

The building's specific by-law position on keeping pets is not published in public records. However, SPEEDHOME coliving is cat-friendly — cats welcome in our coliving rooms; building rules can vary. Across the Old Klang Road corridor, pet-friendly listings at properties like Southbank Residence and Riverville Residences demonstrate strong tenant interest, with pet-friendly properties typically commanding a 15% to 20% rental premium where permitted.

What running it looks like

Setting up your investment at Pearl Point Condominium starts with rigorous diligence: checking the freehold strata title, obtaining the MC's official house rules, reviewing audited sinking-fund financials, and commissioning a contractor to inspect plumbing and electrical wiring.

In a mature building, self-managing a rental often means dealing with aging fixture repairs, screening unfamiliar applicants, and chasing rental arrears. Partnering with SPEEDHOME removes that operational burden. We market your property across major digital platforms, conduct thorough automated credit checks on prospective tenants, execute zero-deposit digital leases through SpeedSign, and collect monthly rent automatically — while ensuring you retain complete control to approve or decline any applicant.

Protect your rental returns with dedicated landlord protection plans: Standard at RM799 + SST a year flat, Protect at one month's rent, or Protect+ at one and a half months' rent. The platform processing fee is 2.19% + SST of monthly rent, payable only when your property is successfully tenanted.

Ready? List your Pearl Point Condominium unit with SPEEDHOME — zero deposit, we run the viewings, you approve the tenant.

The zero-dedicated listing count on SPEEDHOME (measured_null), Old Klang Road corridor comparables (RM600–RM2,600), Mudah in-building asking rents (RM1,300–RM2,000), PropertyGuru sub-RM1,000 budget tier (RM700–RM850), Brickz transacted records for "THE PEARL (PEARL POINT)" (8 transactions, median RM360,000 / RM319 psf, P25 RM300,000), and Airbnb zero-listing audit were collected on 11 October 2026 (evidence file pearl-point-condominium-market-evidence-2026-10-11.yaml, lane bi-mine-10); gross yields of 4.3% to 8.0% are derived calculations against transacted Brickz medians and quartiles; building-specific maintenance fees, quit rent, and assessment figures are unpublished (measured_null); short-stay permissions are unverified and should be underwritten at zero. More: the landlord investment decision guide, the room rental and co-living guide, and the SPEEDRENO fit-out guide.