Denai Sutera Condominium

Median transaction prices around RM 737,800 with a price per square foot of RM 535.64.
Rental prices averaging RM 1,600 – RM 1,900 per month for units with similar specifications.

Denai Sutera is marketed as a low-density condominium, which can be a selling point for buyers looking for less crowded living spaces.

The condominium’s proximity to the LRT Alam Sutera and Pavilion 2 (within 5 minutes) adds to its appeal for both buyers and renters.

1. Transaction Prices

The median transacted price for units in Denai Sutera Condominium is around RM 737,800 as of the latest 12-month period. This translates to a median price per square foot of RM 535.64[2].
Specific transactions include:
- A unit of 1,140.97 sq.ft sold for RM 650,000 (RM 570 per sq.ft) in August 2023.
- A unit of 1,377.78 sq.ft sold for RM 738,000 (RM 536 per sq.ft) in March 2023.
- Another unit of 1,377.78 sq.ft sold for RM 737,800 (RM 536 per sq.ft) in February 2023[2].

2. Rental Prices

Rental prices for units in Denai Sutera Condominium are relatively stable. For example, a partially furnished unit with 3+1 rooms and 3 bathrooms, and a built-up area of 1,500 sq.ft, was listed for rent at RM 1,900 per month[3].
General rental prices for the area are around RM 1,600 per month for similar units, although this can vary based on the specific amenities and condition of the unit[1].

3. Market Trends

The transaction prices have seen a slight decline year-over-year, with a -6.61% decrease in the median transacted price and a -5.85% decrease in the median price per square foot[2].
This indicates a potentially softer market, but the prices remain relatively stable compared to other properties in the area.

4. Location and Developer

Located in Alam Sutera, Bukit Jalil, the condominium benefits from its strategic location and the reputation of its developer, I&P Group Sdn. Berhad. This can positively impact both transaction and rental prices due to the perceived quality and reliability of the developer[1][5].

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