8th & Stellar is a mixed development located in Sri Petaling, Kuala Lumpur, comprising corporate offices, serviced apartments, duplex loft residences, and a retail floor.

Developed by Chin Hin Property Development, it was completed in 2022 and features 522 apartment units across a 43-story serviced apartment tower[1][4].

Sub Sale Market Analysis

1. Transaction Price:

Market Price Range: The market price for condominium units at 8th & Stellar ranges from RM470,000 to RM820,000, with a price per square foot (psf) ranging from RM570 to RM720[1].
Unit Sizes and Prices:
- 1-bedroom / 818 sf: Median price of RM570 psf.
- 2-bedroom / 818 sf: Median price of RM720 psf, making it the most expensive and popular layout[1].
Launch Price: The launch price was around RM650 psf for condominium units[1].

2. Rental Price:

Rental Listings: There are numerous rental listings available, with prices starting from RM2,200 for a 750-sq ft unit[2][5].
Rental Yield: The average rental yield is approximately 5.6% based on the ad selling price and ad rental price[4].

3. Market Analysis:

Location: The development is strategically located near the KL-Seremban Highway and within walking distance to the Sri Petaling LRT station and the upcoming Taman Naga Emas MRT Station, enhancing its appeal for commuters[4].
Amenities: The property offers a range of lifestyle facilities, including a sky gym, sky games room, event patio, badminton court, pavilion cum BBQ zone, party terrace, and jacuzzi, making it attractive for residents seeking a modern, healthy lifestyle[4].
Market Demand: Sri Petaling is a mature township with a healthy population, and the development caters to the demand for multigenerational living with its dual-key units and homes[4].

Conclusion: 8th & Stellar in Sri Petaling offers a mix of residential and commercial spaces, appealing to both local residents and commuters. The transaction prices reflect a range that caters to different budgets, while the rental prices indicate a competitive market with a decent yield. The development’s strategic location and comprehensive amenities contribute to its market appeal.

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