The Rainz by EXSIM

  • Selling price for units in The Rainz ranges from RM 380,000 to RM 1,480,000
  • Rental prices range from RM 620 to RM 5,500, with an average rental price of RM 3,383

The Rainz by EXSIM is a luxurious condominium development located in the vibrant neighborhood of Bukit Jalil, Kuala Lumpur.

This exceptional project combines modern design with lush greenery, creating a serene living environment that caters to the needs of urban dwellers.

With a focus on sustainability and community, The Rainz offers a perfect blend of comfort, style, and convenience for residents.

Sub-Sale Market Analysis

1. Transaction Price:

  • Median Price: The median price for residential properties in Bukit Jalil, including The Rainz, is approximately RM 1,940,000[3].
  • Price Range: The selling price for units in The Rainz ranges from RM 380,000 to RM 1,480,000, with a price per square foot (psf) range of RM 332 to RM 801[4].
  • Average Cost: The average cost of a unit in The Rainz is around RM 794,000[5].

2. Rental Price:

  • Rental Range: The rental prices for units in The Rainz range from RM 620 to RM 5,500, with an average rental price of RM 3,383[2].
  • Rental Yield: The average rental yield for The Rainz is approximately 3.95%[4].

3. Market Insights:

  • Bukit Jalil Market: The area has seen significant growth in property prices, with the average transacted price psf for non-landed homes rising 19.3% to RM 444 in 3Q2014 from the previous year[1].
  • Demand: The demand for properties in Bukit Jalil remains steady, with a slight decrease in transaction volume, indicating a strong overall demand for both owner occupation and rental[1].
  • Future Developments: The area is expected to see more high-rise strata apartments catering to middle-income households, with several projects scheduled for completion in the next few years[1].

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4. Key Points:

  • Location: The Rainz is strategically located in Bukit Jalil, with easy access to various transportation options, including LRT stations and highways[3][4].
  • Amenities: The development offers a range of facilities and is surrounded by various amenities, including shopping malls and schools[3][4].
  • Developer: The Rainz is developed by Exsim Development Sdn Bhd, a reputable developer with a track record of delivering high-quality projects[3][4].

Sources:

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Last updated on: January 8, 2025

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