8 Petaling is a leasehold condominium located in Sri Petaling, Kuala Lumpur. Developed by I&P Group, it was completed in 2014 and features 156 units with built-up areas ranging from 1,690 sf to 3,746 sf.

Subsale Market Analysis

1. Transaction Prices

The current market price for 8 Petaling condominiums ranges from RM740,000 to RM1,460,000.

Recent sale listings include:

RM1,980,000 for a 4,047 sf unit (as of 28 Nov 2024)
RM830,000 for a 2,104 sf unit (as of 13 Nov 2024)
RM760,000 for a 1,841 sf unit (as of 25 Sep 2024)
RM680,000 for a 1,851 sf unit (as of 5 Sep 2024)
RM1,400,000 for a 3,700 sf penthouse unit (as of 23 Jul 2024)[1].

2. Rental Prices

The rental prices for 8 Petaling condominiums are as follows:

RM2,850 for a 1,690 sf unit (as of 10 Oct 2024)
RM3,200 for a 1,850 sf unit (as of 14 May 2024)
RM2,700 for a 1,899 sf unit (as of 12 Mar 2024)
RM3,000 for a 1,690 sf unit (as of 6 Mar 2024)
RM2,800 for a 1,690 sf unit (as of 24 Jan 2024)[1].

3. Rental Yield

The current rental yield for 8 Petaling is approximately 5.71% (as of Q2 2024), which is an increase from 4.15% in Q1 2022. The highest recorded rental yield was 5.71% in Q2 2024, while the lowest was 3.33% in Q4 2020[1].

4. Popular Layouts and Sizes

The most popular layout and size combination at 8 Petaling is the 3-bedroom / 1,690 sf unit, with a median price of RM440 psf. The most expensive unit is the 3-bedroom / 1,690 sf at RM440 psf, while the cheapest is the 5-bedroom / 3,700 sf at RM390 psf[1].

8 Petaling Condominium 8 Petaling Condominium 2 8 Petaling Condominium 4 8 Petaling Condominium 5 8 Petaling Condominium 6 8 Petaling Condominium 7

5. Additional Information:

For a detailed analysis of specific units, such as the penthouse, recent listings include a 3,700 sf duplex penthouse with 4+1 bedrooms and 6 bathrooms for RM1,200,000 (approximately RM324 psf)[4].

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