Ken Bangsar is a residential condominium located in Bangsar, Kuala Lumpur.
It comprises a 15-storey block housing 80 apartment units with built-up areas ranging from 2,000 to 8,500 square feet.
Sub Sale Market Analysis
1. Transaction Prices:
- Price Range:Â The transaction prices for Ken Bangsar range from RM 803 psf to RM 1,009 psf, with an average price of around RM 1,100 psf for certain units[3][4].
- Historical Transactions:
- 2014-2016:Â Transactions were recorded at RM 645,000 for 538 sq ft units and RM 1,900,000 for 2,024 sq ft units[1].
- Recent Data:Â The average transacted price per square foot1,100 psf, with prices ranging from RM 2,858,900 for specific units[3].
2. Rental Prices:
- Rental Range:Â The rental prices for Ken Bangsar range from RM 2,780 per month for certain units[3].
- Rental Yield:Â The rental yield is approximately 0.84% based on past data, but more recent estimates suggest a higher yield of around 8.34%[3][4].
3. Market Insights:
- Investment Potential:Â With a rental yield of 8.34%, Ken Bangsar presents a promising investment opportunity for those looking to generate rental income.
- Market Demand:Â The property’s location in Bangsar, a popular and upscale area, contributes to its demand and potential for appreciation in value.
- Comparative Analysis: When compared to other properties in Bangsar, such as Sri Wangsaria and Enclave Bangsar, Ken Bangsar’s prices and rental yields are competitive, indicating a stable market position.
Sources:
- [1]Â www.starproperty.my
- [2]Â www.booking.com
- [3]Â www.propsocial.my
- [4]Â www.edgeprop.my
- [5]Â www.propertyguru.com.my
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