The Ritz-Carlton Residences Kuala Lumpur: Prices, Rents and Hotel-Serviced Suites on Jalan Sultan Ismail

The Ritz-Carlton Residences Kuala Lumpur trades at a median of about RM2,360 psf across 27 recorded subsales, per NAPIC records compiled by list.my, below the RM2,500 psf the developer started at in 2015-2016. It is a freehold tower of 288 suites on Jalan Sultan Ismail, developed by Berjaya Corp’s Wangsa Tegap Sdn Bhd, completed in 2017 and managed by The Ritz-Carlton to the hotel brand’s standards.

Key facts: 288 suites, including 16 penthouses; owners asking mostly RM2,700 - 3,450 psf in 2026; and two-bedroom suites listed for rent at RM12,500 - 14,000 a month, a gross yield of about 4.7% on the transacted median.

The building in brief

Address	Jalan Sultan Ismail, at the corner of Jalan Ampang, KL Golden Triangle
Developer	Wangsa Tegap Sdn Bhd, a subsidiary of Berjaya Corporation
Site	1.216 ha (about 2.7 acres), shared with Menara Bangkok Bank
Tower	One residential tower of 48 storeys
Suites	288, including 16 penthouses
Tenure	Freehold
Completion	2017
Sizes	1,023 sq ft to 4,284 sq ft
Interior design	Peter Silling & Associates
Maintenance fee	RM1 psf (2016)

The residence

Hotel services, at home

According to EdgeProp in 2016, the residences are managed by The Ritz-Carlton to the brand’s standards, with 24-hour concierge, housekeeping, vacant home care management, security and lifestyle facilities. For an owner who lives abroad for part of the year, vacant home care is the practical point: someone looks after the apartment while you are away. EdgeProp also described it as the first branded residence in the city centre not co-located with a hotel.

Large suites from the first bedroom

The smallest suite here is 1,023 sq ft, the size of a family two-bedroom in many newer KL towers. Two-bedroom suites listed in 2026 are about 1,500 - 1,640 sq ft, and the penthouses run to 4,284 sq ft. Interiors are by Peter Silling & Associates. For a buyer who wants a high end luxury condo with hotel-scale rooms, the floor plans compare well.

The address: the Golden Triangle on foot

StarProperty describes a sky bridge to Starhill Gallery, with Bukit Bintang about five minutes’ walk away and the Petronas Twin Towers about ten minutes away. The NST places the tower near Bukit Nanas Monorail station. Jalan P. Ramlee’s restaurants and bars are a few minutes away, and the AKLEH elevated highway, Federal Highway and Jalan Ampang are all close. StarProperty notes a dedicated amenities and recreation podium level above the car park.

The numbers: what it costs today

On PropertyGuru in mid-2026, a representative selection of asking prices:

Layout	Size	Asking price	Asking psf
1 bedroom	1,023 sq ft	RM2.9M	RM2,835
1 bedroom	1,163 sq ft	RM4.0M	RM3,439
2 bedrooms	1,572 sq ft	RM4.3M	RM2,735

PropertyGuru’s project page shows asking psf from about RM2,480 to over RM4,500.

Transacted prices sit lower:

• NAPIC records via list.my: 27 subsales at a median of RM3.91 million and RM2,360 psf.
• Developer sales, 2019-2020: the NST recorded third-party sales at RM2,650 - 2,934 psf, and a related-party sale of a 1,938 sq ft suite at RM5.16 million, or RM2,663 psf, in March 2020.
• Developer pricing, 2019: remaining units at RM2,558 psf bare or RM2,800 psf furnished, and penthouses at about RM3,000 psf, according to the NST.
• At launch: from RM2,500 psf, per EdgeProp in 2016.

The reading: secondary-market deals have settled below the developer’s own prices. That is common for branded towers sold by a developer over several years, and it means today’s buyer can enter below what the first owners paid.

Rents and yield

PropertyGuru rental listings dated July to September 2026:

Layout	Size	Asking rent per month	Asking rent psf
1 bedroom	1,163 sq ft	RM10,000	RM8.6
2 bedrooms	1,507 sq ft	RM14,000	RM9.3
2 bedrooms	1,636 sq ft	RM12,500	RM7.6
4 bedrooms	2,960 sq ft	RM48,000 (negotiable)	RM16.2

Gross yield working:

• A 1,507 sq ft two-bedroom at the transacted median of RM2,360 psf is worth about RM3.56 million. At RM14,000 a month, that is RM168,000 a year, a gross yield of about 4.7%.
• The same rent of RM9.3 psf against the asking price of RM2,735 psf for a 1,572 sq ft two-bedroom gives about 4.1%.
• A 1,163 sq ft one-bedroom asking RM4.0 million and renting at RM10,000 a month yields about 3.0%.

All are gross, on asking rents, before maintenance, furnishing, vacancy and tax. The spread shows why the purchase price matters more than the brand: bought near the transacted median, the yield is solid for a branded residence.

How it compares

The Ritz-Carlton Residences shows what hotel management adds to a city-centre suite. TRX Residences, in Tun Razak Exchange, trades at a similar median of about RM2,265 psf over 560 recorded deals, with asking-rent yields of about 5%, and its buildings are newer.

TRX also brings what a single tower cannot: the MRT Line 1 and Line 2 interchange inside the district, a 10-acre rooftop park and about 30,000 people already working on site. Read why TRX is Kuala Lumpur’s new prime address for the detail. Against Asia’s other capitals, our KL vs Asia radius maps show RM5 million buys about 3,043 sq ft near KLCC, against 372 sq ft in Hong Kong and 665 in Singapore.

What to weigh

• Resale below the developer’s prices. NAPIC’s RM2,360 psf median is under the RM2,500 psf launch level. That favours a buyer today, and argues for negotiating from deals rather than asking prices well above RM2,700 psf.
• The hotel is not in the tower. Services are delivered by The Ritz-Carlton, but you do not take a lift down to a hotel lobby as you would in a co-located tower.
• A busy junction. The Jalan Sultan Ismail and Jalan Ampang corner is among the busiest in the city.

Our view

The Ritz-Carlton Residences is the most sensible way into branded living in Kuala Lumpur: Ritz-Carlton service, generous suites and freehold title, available today below the developer’s launch price. Bought near RM2,360 psf, it yields close to 5%. Our guide to luxury housing in Kuala Lumpur places it among the city’s other branded addresses.

Frequently asked questions

Who developed The Ritz-Carlton Residences Kuala Lumpur?

Wangsa Tegap Sdn Bhd, a subsidiary of Berjaya Corporation. The residences are managed by The Ritz-Carlton to its brand standards.

Is The Ritz-Carlton Residences freehold?

Yes. EdgeProp and StarProperty both describe the site as freehold.

How much does a suite cost?

Asking prices in mid-2026 run mostly from about RM2.9 million to RM4.3 million for one- and two-bedroom suites, roughly RM2,700 - 3,450 psf. NAPIC-recorded subsales have a median of about RM2,360 psf.

What is the rent at The Ritz-Carlton Residences?

One-bedroom suites ask about RM10,000 a month and two-bedrooms RM12,500 - 14,000, according to PropertyGuru listings from July to September 2026.

What is the rental yield at The Ritz-Carlton Residences?

About 4.7% gross for a two-bedroom at RM14,000 a month, valued at the transacted median of RM2,360 psf. The figure is before maintenance, furnishing, vacancy and tax.

How big are the units?

From 1,023 sq ft for a one-bedroom to 4,284 sq ft for the largest penthouses.

Can foreigners buy here?

Yes, subject to Kuala Lumpur’s RM1 million minimum price for foreign buyers and state consent. See our foreign buyer guide for costs and taxes.

Register for a private viewing

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This article is general market information, not investment advice. Asking prices and rents are from public listings dated in the text and may change; transacted figures are from the sources listed.