Location
The site is at 42, Jalan Yap Kwan Seng, 50450 Kuala Lumpur, about 1 km from the Petronas Twin Towers and Suria KLCC. The developer's location plan shows Ampang Park, The Intermark and Avenue K close by, with the Kelana Jaya LRT line serving the area. Pavilion KL, Bukit Bintang and the TRX Lifestyle Quarter are in the wider city centre. Private hospitals in the area include Prince Court Medical Centre, Gleneagles KL and Pantai Hospital KL.
Pros & cons
What's good
- Freehold title in KL City Centre
- About 1 km from the Petronas Twin Towers
- Dual-key layouts: two lettable parts from one title
- 394 units, fewer than EXSIM's Bukit Jalil launches
- Optional short-stay management by MANA MANA Hospitality
What to weigh up
- About RM2,100 psf at the entry price, measured against the 484 sqft layout
- Completion estimated for 2031: a long hold before income
- Maintenance fee not yet published
- Strong short-stay competition in the city centre
- One-bedroom-type layouts only
Rental outlook
WikiProperty sampled 15 active rental listings in KL City Centre on PropertyGuru on 27 May 2026. The median asking rent was RM4,100 a month, and the middle half ran from RM3,400 to RM4,500. Against the RM1,016,400 entry price, that is a gross yield of roughly 4.0% to 5.3%, or about 4.8% at the median, before maintenance, vacancy and fees. The sample mixes unit sizes, so treat it as a rough guide, not a forecast.
Short-stay management
Owners can place units under MANA MANA Hospitality, EXSIM's in-house short-stay operator. Under a signed management agreement, the operator handles listing, pricing, check-in, housekeeping and owner payouts. Its income projections assume high occupancy, about 83%. Short-stay earnings rise and fall with occupancy and the season, and depend on the building's short-stay policy. Read the agreement's fees, term and exit clauses before you rely on any projection.
Who should buy
- Buy if you want freehold in KL City Centre and plan to let the unit.
- Buy a dual-key if you want two lettable parts under one title.
- Consider Keeperz Suites if you want a similar freehold dual-key product at a lower psf, on the Gelugor waterfront in Penang.
- Watch MABA Suitez if you prefer Bukit Bintang; it is freehold but prices are not out yet.
- Skip if you need more than one bedroom, or rental income before 2031.
Phoeniz Suites vs Keeperz Suites
| Phoeniz Suites | Keeperz Suites | |
|---|---|---|
| Location | KL City Centre | Gelugor waterfront, Penang |
| Tenure | Freehold | Freehold |
| Sizes | 484 – 678 sqft | 484 – 581 sqft |
| Dual-key | Yes (657 and 678 sqft) | Yes (581 sqft) |
| From | RM1,016,400 | RM820,100 |
| Entry psf | ≈ RM2,100 | ≈ RM1,694 |
| Units | 394 | 493 |
| Completion | Est. 2031 | 2030 |
Phoeniz Suites costs more per sqft and completes later. In return it has a KL City Centre address and larger dual-key units. Read the Keeperz Suites review.
Developer track record
EXSIM has built since 2008 and lists 80+ completed and ongoing projects. Its earlier KL City Centre serviced suites include Scarletz Suites, Hugoz Suites and Noordinz Suites. The Rainz in Bukit Jalil won a FIABCI World Prix d'Excellence award in 2023. Visit a completed EXSIM building to check finishing, management and maintenance fee history before you commit.
Sent on WhatsApp
What we send on WhatsApp
Prices change by floor and units sell every week, so we send the current list instead of posting one that goes stale.
- Latest site progressRecent photos and construction stage
- Floor plansDeveloper's plans for Type A, B1 & B2
- Prices by floorEvery floor and facing
Replies from IQI Realty Sdn Bhd
Phoeniz Suites review FAQ
Is Phoeniz Suites a good investment?
It offers freehold KL City Centre land, compact lettable layouts and optional managed short-stay. The main risks are a high psf, a 2031 completion and short-stay earnings that depend on occupancy.
Who is the developer of Phoeniz Suites?
EXSIM Group, which has built serviced suites in KL City Centre such as Scarletz Suites, Hugoz Suites and Noordinz Suites.
Can Phoeniz Suites be used for short-stay rental?
The suites are designed for managed short-stay under MANA MANA Hospitality, subject to the building's short-stay policy and a signed management agreement. Long-stay letting is the alternative.
What rent can a Phoeniz Suites unit get?
No completed units exist yet. A May 2026 sample of KL City Centre listings had a median asking rent of RM4,100 a month, with the middle half between RM3,400 and RM4,500.
Is Phoeniz Suites or Keeperz Suites better?
Phoeniz Suites suits buyers who want a KL City Centre address and dual-key units up to 678 sqft. Keeperz Suites is cheaper per sqft (about RM1,694 against RM2,100) and targets completion a year earlier, on the Gelugor waterfront in Penang.
How we review
We don't take payment for reviews and we don't give star ratings. We sell EXSIM projects through IQI Realty, so read our cons as carefully as our pros.
EXSIM developer profileKeep reading
Sources & updates
Indicative prices and sizes from the developer's sales materials, checked on the date shown. The developer's final price list and SPA prevail.
Spotted something out of date? Tell us