Freehold · Near KLCC · Kuala Lumpur

KL360

A freehold tower beside Raja Uda MRT, 2.4km from Suria KLCC. From RM 680,000.

61 Storeys Completion 2030 Freehold
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Placeholder — swap for real exterior / streetscape photo, or a hero video (see note)
The Case

Built to Hold Its Value

Placeholder — Kampung Baru streetscape / Raja Uda MRT
5%
Guaranteed Rental Floor, 5 Years

Freehold, fifty metres from Raja Uda MRT, 2.4km from Suria KLCC — one of the last freehold plots this close to the city centre.

Full details

KL360 sits on the Kampung Baru edge of the city centre. Freehold this close to KLCC has become genuinely scarce; most of the current pipeline in the corridor is leasehold.

The return isn't a promise. It's built on a few things that are true regardless of the market: a rental floor written into the contract, a facilities deck designed to draw paying visitors rather than just cost residents money, and a tenant base — six embassies within 4km — that doesn't depend on tourism.

  • 5% guaranteed floor. Contractual, on your net price, for five years, renewable — not a projection.
  • Bank Rakyat financing, China State Construction as contractor. Real institutions, their own due diligence, before either put their name on it.
  • 50m to Raja Uda MRT. One stop from KLCC on the Putrajaya Line.
Buying from outside Malaysia — eligibility & terms

You do not need MM2H to buy KL360 — foreign ownership and MM2H are separate things. If you want the residency programme later, a qualifying unit can serve as its required property purchase, but it's never a requirement to purchase.

  • RM 1,000,000 minimum SPA price. Kuala Lumpur's foreign-ownership threshold, before any discount. Units below this are for Malaysian buyers only; a 1-bedroom at RM 680,000 net doesn't clear it on its own.
  • Roughly RM3,000 foreign consent fee on top of the purchase.
  • Freehold, operator-managed. No lease-decay clock, and your involvement can be as thin as receiving statements.
  • A package covering half the agency fee for buyers purchasing from outside Malaysia.

Exact terms on the agency-fee package are confirmed with us before you commit.

See the full return breakdown →
Current Availability

What's Actually Left

Nothing here is invented — ask us to confirm any of it before you act.
The Numbers

Every Figure, Traceable

From the sales chart. The guaranteed floor is kept separate from the developer's own illustration — we don't quote one as the other.

RM 2,833
Guaranteed Monthly Floor Income
Net PriceRM 680,000
Customize this calculation
%
yrs
% p.a.
Rough guide — actual instalment depends on your bank and profile.
Monthly InstalmentRM 2,821
MaintenanceRM 310
5% Floor (guaranteed)RM 2,833 / mo
Net vs Outgoings, at floor−RM 298 / mo
Occupancy Sensitivity — 1BR only, the sole unit with a confirmed nightly rate
Occ.Gross/moOwner ShareNetYield
45%RM 4,446RM 2,739RM 3924.8%
55%RM 5,434RM 3,347+RM 2165.9%
~52% is breakeven — below it, the 5% guarantee is what catches you
65%RM 6,422RM 3,956+RM 8257.0%
75%RM 7,410RM 4,565+RM 1,4338.1%

At RM 325/night, owner keeps ~61.5% of gross after operator costs. The developer's own model illustrates ~7% at ~71% occupancy (RM 3,978/mo) — their illustration, not a guarantee. For 2BR/3BR/Penthouse the occupancy math is unit-specific; we won't invent one here — ask us for that unit's model.

Placeholder — groundbreaking, June 2026

Under New Ownership Since 2024.

2022
Original M101 Skywheel project stalls under first developer
2024
GD Properties takes over, redesigns from 78 to 61 storeys
2026
Groundbreaking in June, Minister officiating, Bank Rakyat financing confirmed
2030
Scheduled completion
Read the full story

Yes — this was the abandoned M101 Skywheel. It's the first thing Google shows for KL360, so we won't wait for you to ask. The site stalled in 2022/2023, amid the broader financing and construction slowdown that hit many Malaysian developments in the years after COVID-19, leaving 337 purchasers stranded. GD Properties took over through a formal receivership process with Deloitte Malaysia — scrapped the ferris-wheel concept, redesigned it from 78 to 61 storeys, and broke ground in June 2026 with the Housing and Local Government Minister officiating. Of the affected buyers, about half chose to stay on with the new project; the rest took a compensation scheme.

The full story — and why we think a project a bank and a ministry have both already checked is a stronger bet than one that's never been tested — is in the FAQ on the full review.

Bank Rakyat — financing · China State Construction Engineering — contractor · Veritas — architect · Youth City, Nilai — completed, 3,213 units
Read the full history and the honest risk column →
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Buying from outside Malaysia? Foreign buyers purchasing property in Kuala Lumpur must transact at an SPA price of at least RM1,000,000.