Bayu Angkasa is a condominium located in Bangsar, Kuala Lumpur, developed by Kiara Development and completed in 2005.
It consists of 6 blocks with 232 units, offering various facilities such as swimming pools, gyms, and tennis courts.
Sub-Sale Market Analysis
1. Transaction Prices:
- Average Cost of a Unit:Â The average cost of a unit in Bayu Angkasa is around RM1,091,181[4].
- Price Range:Â The sub-sale prices range from RM600,000 to RM2,350,000, with a price per square foot (psf) ranging from RM389 to RM784[4].
- Comparison with Surrounding Properties:Â The average transacted price per square foot for non-landed properties in the area is RM736 for 1,500-2,500 sq. ft. units, indicating that Bayu Angkasa’s prices are competitive within the Bangsar market[4].
2. Rental Prices:
- Rental Range: The rental prices for Bayu Angkasa units range from RM3,000 to RM11,000 per month, depending on the unit size and furnishings[1][2].
- Rental Yield:Â The average rental yield for Bayu Angkasa is approximately 4.47%, which is relatively moderate compared to other properties in the area[4].
3. Market Insights:
- Location:Â Bayu Angkasa is strategically located in Bangsar, offering easy access to major highways, public transportation, shopping malls, and educational institutions[1].
- Facilities:Â The condominium provides a range of facilities, including a swimming pool, gymnasium, tennis court, squash court, and 24-hour security, making it attractive for families and individuals[1].
- Market Demand:Â Despite being an older condominium, Bayu Angkasa remains popular due to its prime location, affordability, and comprehensive amenities[1][4].
- Comparative Analysis: When compared to other properties in the area, Bayu Angkasa offers competitive pricing and rental yields. For instance, DC Residency has an average transacted price of RM 1,053,000 to RM 2,585,400 and a rental yield of 5.4%, while Bayu Angkasa has a rental yield of 4.47%.
Sources:
- [1]Â jmbmalaysia.org
- [2]Â www.edgeprop.my
- [3]Â www.propertygenie.com.my
- [4]Â www.propsocial.my
- [5]Â www.propertyguru.com.my
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