Camellia Serviced Suites

Camellia Serviced Suites, located in Bangsar South, Kuala Lumpur, is a high-rise residential development by UOA Development Bhd.

It offers 720 units with built-up sizes ranging from 638 sq ft to 1,419 sq ft. The property is part of The Park Residences enclave and provides various amenities and facilities for holistic living.

Sub-Sale Market Analysis

1. Transaction Prices:

• Launch Price: The launch price for Camellia Serviced Suites started from RM528,000[4].
• Current Market Price: The current market price ranges from RM500,000 to RM990,000, with prices per square foot (psf) ranging from RM673 to RM1,022[3][4].
• Past Transactions:
  • 2017 Transactions:
    • Unit Size 635 sq ft: Prices ranged from RM580,000 to RM670,000[1].
    • Unit Size 638 sq ft: Prices were around RM620,000[1].
    • Unit Size 1421 sq ft: Prices were around RM1,250,000[1].

2. Rental Prices:

• Rental Range: The rental prices for Camellia Serviced Suites range from RM1,600 to RM4,000 per month, depending on the unit size and furnishing[4][5].
• Rental Yield: The average rental yield is around 4.76%[4].

3. Market Insights:

• Demand: The demand for units in Camellia Serviced Suites is expected to increase over time due to the completion of upcoming developments in Bangsar South[4].
• Transportation: Residents benefit from convenient access to multiple transportation options, including buses and MRT & LRT stations[2].
• Comparative Analysis:
  • Surrounding Properties: Properties like Vivo Residential @ 9 Seputeh, Vogue Suites One @ KL Eco City, and Bangsar Trade Centre have different price ranges and rental yields, providing a diverse market landscape[4].

Sources:

• [1] www.starproperty.my
• [2] www.propertygenie.com.my
• [3] www.land.plus
• [4] www.propsocial.my
• [5] www.propertyguru.com.my