New launch by Exsim · directly opposite Merdeka 118, Kuala Lumpur

Two icons. One dual-key address.

MABA sits within walking distance of Merdeka 118 — fully furnished, dual-key units with a choice of Merdeka 118 or KL Tower views, built for short-stay rental income and priced for Malaysian and Singaporean investors.

Opposite Merdeka 118Address
From RM710,000Starting price
RM5,000–RM10,000Est. monthly rental income*
Fully furnishedDual-key layout
MABA site view of Merdeka 118 (PNB 118) and KL Tower skyline, with Merdeka MRT station in the foreground
Location

Live, connect, belong — right at Merdeka MRT.

MABA sits inside the Merdeka precinct, surrounded by culture, tourist footfall and transport links — the same walkability that makes this stretch of KL attractive to short-stay guests.

Merdeka MRT Station
1 min
walk
Petaling Street (Chinatown)
3 mins
drive
Central Market
4 mins
drive
Stadium Merdeka
4 mins
drive
Pasar Seni MRT Station
5 mins
drive
KL Tower
7 mins
drive
Bukit Bintang
8 mins
drive
KL Sentral
10 mins
drive
Petronas Twin Towers
10 mins
drive
For Malaysian & Singapore buyers

Built around one thing: a hands-off short-stay income.

SGD stretches further here

At current exchange rates, Singapore-based buyers gain meaningful purchasing power converting into MYR — early-bird rebates are available while the project is newly launched.

Dual-key, two ways to earn

Every unit is dual-key with a choice of Merdeka 118 or KL Tower views, so you can rent both keys separately, live in one and rent the other, or run the whole unit as a short-stay listing.

Fully furnished from day one

Units come fully furnished and fitted, so there's no separate renovation budget or delay between key collection and your first guest booking.

Managed for you, not by you

Exsim's in-house operator team handles cleaning and 24-hour check-in. Their existing project Ceylonz, in KL city centre, has held around 80–90% occupancy under the same operator — reference only, not a guarantee for MABA.

Independent market study

What the data says a unit here could actually earn.

An independent short-stay rental study of the PNB 118 / Merdeka 118 precinct — benchmarked against nearby hotels and citywide Airbnb data — gives a more conservative, evidence-based view alongside the developer's own projections above.

Occupancy — Kuala Lumpur, by category

KL city hotels
61%
Malaysia national avg.
52.3%
KL Airbnb (AirDNA)
51%
KL Airbnb (Airbtics)
58%
RM2,700–RM6,400 / month

Independent estimate for a well-furnished 1–2BR unit near PNB 118: RM180–290/night on weekdays, RM230–380/night on weekends, at 45–65% occupancy. Before management fees, utilities and platform commissions.

Why guests would pick a unit here over a hotel room

  • 50–80 sqm of space for a 1–2BR unit, versus 18–32 sqm in a comparable budget or 3-star hotel room
  • A kitchen and washer — genuine differentiators for stays of 4+ nights, which none of the nearby budget-to-midscale hotels offer
  • Full-unit privacy, no shared corridors, and better cost-per-night economics for families or small groups splitting one unit

Positive factors

  • Steps from MRT Merdeka & LRT Plaza Rakyat, walkable to Chinatown and Petaling Street
  • KL's hotel occupancy (~61%) is among the strongest in Malaysia
  • First-mover advantage while the immediate precinct's own Airbnb supply is still thin

Risks

  • No individually verified Airbnb pricing yet in this exact precinct — estimates rely on citywide data
  • New-building supply, including this project, could add competing inventory quickly
  • Strata / building rules on short-term letting are not yet confirmed for the building

Opportunities

  • Professional, hands-off management can lift occupancy toward the stronger end of the range
  • Positioning as a group/family alternative to two hotel rooms, using the kitchen and extra bedroom
  • Weekend and event-based dynamic pricing around the 2026 events calendar

Source: independent PNB 118 / Merdeka 118 Precinct Short-Stay Rental Market Study, data checked 11 Sept 2026. Occupancy: Tourism Malaysia Paid Accommodation Survey (Jan–Mar 2025); AirDNA and Airbtics Kuala Lumpur datasets. Hotel rates: Hotels.com, Expedia and Skyscanner listing pages. These are independent estimates, not a guarantee of income for this project, and are more conservative than the developer's own projections shown elsewhere on this page — discuss both with our sales team during your viewing.

Residences

Three dual-key sizes, priced with the numbers upfront.

Type
Starting price
Est. nightly rate*
Est. monthly net profit*
Type C · 323 sqft
From RM710,000
RM300–RM350
From RM6,000
Type A · 484 sqft
From RM995,000
RM400–RM450
From RM8,000
Type B · 657 sqft
From RM1,500,000
RM500–RM550
From RM10,000

*Nightly rate and net profit figures are estimates from the developer's sales material, based on short-term/Airbnb-style rental. They are not guaranteed and will vary with occupancy, season and management costs.

Book an online viewing

See the investment package, target tenants and estimated returns.

Leave your details and we'll set up an online viewing covering the investment package, unit layouts and Airbnb management options — or message us on WhatsApp if you'd rather skip the form.

Submitting opens WhatsApp with your details pre-filled, so our sales team can reply directly — nothing is stored on this page.

Thanks — WhatsApp should have opened with your enquiry ready to send. If it didn't open, use the WhatsApp button above to message us directly.
WhatsApp