1 Petaling Residences and Commerz

1. Transaction Prices:

• Built-up Area and Price Range: The residential units have built-up areas ranging from 884 sqft to 1,171 sqft. The transaction prices for these units vary, but as per the data available, the selling prices range from RM298,000 to RM570,000, which translates to RM306 psf to RM483 psf[1].
• Comparison with Nearby Properties: When compared to other properties in the area, such as Reed, Endah Promenade, The Trillium, Endah Puri, and Petaling Indah, 1 Petaling’s transaction prices are competitive. For example, Reed’s prices range from RM1,300,000 to RM2,380,000 (RM310 psf to RM661 psf), while Endah Promenade’s prices range from RM259,200 to RM635,000 (RM295 psf to RM551 psf)[1].

2. Rental Prices:

• Rental Range: The rental prices for 1 Petaling Residence & Commerz units vary based on the built-up area and furnishing status. The rental prices range from RM1,100 to RM2,000 for units that are partially or fully furnished[2][3].
• Average Rental Price: The average rental price for properties in Sungai Besi, including 1 Petaling, is RM1,585[2].
• Specific Listings: Some specific listings include a 904 sqft unit for rent at RM1,300, and a 1089 sqft unit for rent at RM2,000[2][3].

3. Market Trends:

• Location: 1 Petaling’s location is a strong selling point, with proximity to established neighborhoods like Sri Petaling, Bandar Tasik Selatan, and Bukit Jalil, as well as direct access to major highways and public transportation[1][5].
• Facilities: The development offers a range of facilities, including a swimming pool, gym, children’s playground, reflexology path, BBQ area, reading room with WIFI access, laundry, kindergarten, and a multipurpose hall, which adds to its appeal[5].

Key Points:

• Transaction Price Range: RM298,000 to RM570,000 (RM306 psf to RM483 psf)
• Rental Price Range: RM1,100 to RM2,000
• Average Rental Price in Sungai Besi: RM1,585
• Strategic Location: Close to established neighborhoods and major highways
• Comprehensive Facilities: Including swimming pool, gym, children’s playground, and more

Sources:

• [1] www.propsocial.my
• [2] www.propsocial.my
• [3] www.edgeprop.my
• [4] www.zillow.com
• [5] forum.lowyat.net