Ampersand @ Kia Peng is a leasehold condominium located in KLCC, Kuala Lumpur.

It was developed by IJM Land Bhd and completed in January 2010. The condominium features low-density living with 71 units available, ranging from 2,497 sqft to 3,600 sqft.

Sub-Sale Market Analysis

1. Transaction Prices:

Market Price Range: The market price for Ampersand units in 2023 ranged from RM2,200,000 to RM3,200,000 for various built-up sizes[3].
Price per Square Foot (PSF): The PSF prices in 2023 were between RM710 psf and RM877 psf, with fluctuations across different quarters[3].
Specific Transactions:
- A 2,497 sqft unit was sold for RM2,500,000.
- A 2,613 sqft unit was sold for RM3,200,000.
- A 2,700 sqft unit was sold for RM2,200,000.
- A 2,756 sqft unit was sold for RM3,000,000[3].

2. Rental Prices:

Rental Range: The rental prices for Ampersand units in 2023 ranged from RM7,000 to RM12,000 for various built-up sizes[3].
Specific Rentals:
- A 2,400 sqft unit was rented for RM7,000.
- A 2,735 sqft unit was rented for RM9,500.
- A 3,500 sqft unit was rented for RM12,000.
- A 3,600 sqft unit was rented for RM12,000[3].

3. Rental Yield:

Current Rental Yield: The current rental yield for Ampersand is around 3.93%, compared to 3.18% in Q2 2019[3].
Historical Rental Yield: The highest rental yield ever recorded was 5.14% in Q4 2018, while the lowest was 3.16% in Q2 2018[3].

Ampersand Kia Peng Condominium 7

4. Comparative Analysis

Neighboring Properties: Other properties in the area, such as Stonor 3, Four Seasons Place, and 18 Madge, have different price ranges and rental yields. For example, Stonor 3 has an average transacted price of RM733 psf – RM2,733 psf and a rental yield of 3.47%, while Four Seasons Place has an average transacted price of RM2,526 psf – RM3,903 psf and a rental yield of 1.36%.

Sources: