Andalucia Pantai Hillpark, a Mediterranean-inspired condominium project developed by YTL Land & Development Berhad, offers a unique living experience with its 216 units spread across 12 low-rise blocks.
Sub-Sale Market Analysis
- Transaction Prices:
- The average total price per unit ranges from RM500,000 to RM1,480,000[1][4].
- It’s worth noting that properties in Pantai Hill have shown a median price of RM 827,400, indicating that Andalucia units are generally priced lower compared to the overall median price of properties in the area[2].
- Rental Prices:
- The rental price for Andalucia units ranges from RM1,800 to RM5,300 per month[1][4].
- This range provides a comparative price point for potential renters and investors looking at the rental market in Pantai Hillpark.
- Additional Insights:
- The project features a variety of unit configurations, including private gardens for selected ground-level units, which can influence both transaction and rental prices[2].
- The location benefits from proximity to public transportation, including LRT stations at Universiti and Kerinchi, and KTM stations at Angkasapuri, Pantai Dalam, and Abdullah Hukum, which can impact property values and rental demand[2].
- Market Insights:
- Demand: Despite being surrounded by low-cost flats and safety concerns at night, Andalucia’s central location has maintained demand[1][3].
- Supply: There are currently 21 properties for sale and 5 properties for rent in Andalucia.
- Comparative Analysis: Other properties in Pantai Hillpark, such as Pantai Peak and Saville @ The Park, have different price ranges and rental yields, indicating a diverse market.
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