Green Avenue Condominium is a modern residential development located in the vibrant Bukit Jalil area of Kuala Lumpur.

This sought-after property offers a perfect blend of contemporary living and lush green surroundings, making it an ideal choice for families, professionals, and investors alike.

With its strategic location, residents enjoy easy access to essential amenities, transportation links, and recreational facilities, ensuring a convenient and fulfilling lifestyle.

Sub-sale market analysis

1. Transaction Prices

Market Range: The sale units at vary widely. As of recent listings, prices range from RM360,000 to RM480,000[4].
Built-Up Size: The units typically have built-up sizes ranging from 1,080 sq. ft. to 1,300 sq. ft. The median price for a 3-bedroom unit with a built-up size of 1,080 sq. ft. is around RM410 psf, while a 4-bedroom unit with a built-up size of 1,088 sq. ft. can go up to RM430 psf[4][5].
Recent Transactions: Some recent sale listings include:
- RM360,000 for a condominium unit (date not specified)[4].
- RM460,000 for a 1,080 sq. ft. unit (August 28, 2024)[4].
- RM429,999 for a 1,080 sq. ft. unit (July 26, 2024)[4].
- RM480,000 for a 1,080 sq. ft. unit (July 4, 2024)[4].

2. Rental Prices

Rental Range: Rental prices for Green Avenue units also vary. Recent listings show rentals ranging from RM700 to RM1,900 per month[4].
Unit Sizes: The rental prices correspond to different unit sizes, with the majority being around 1,080 sq. ft.
Recent Rentals: Some recent rental listings include:
- RM1,500 per month for a 1,080 sq. ft. unit (July 29, 2024)[4].
- RM1,700 per month for a 1,076 sq. ft. unit (July 23, 2024)[4].
- RM1,900 per month for a 1,080 sq. ft. unit (July 23, 2024)[4].

3. Rental Yield

The current rental yield for Green Avenue is approximately 4.28%, which is slightly lower than the 4.47% recorded two years ago in Q4 2022. The highest rental yield ever recorded was 4.84% in Q1 2015, and the lowest was 3.12% in Q1 2017[4].

4. Market Trends and Investment Potential

Green Avenue is considered a good investment prospect due to its location in the developing neighborhood of Bukit Jalil. The area is expected to see significant development, which could lead to capital appreciation over time[5].
Despite the potential for capital appreciation, sourcing tenants for rental yields might be challenging, but the convenient location and amenities make it an attractive option for residents[5].

In summary, Green Avenue Condominium in Bukit Jalil offers a range of transaction and rental prices, with a current rental yield of around 4.28%. The area’s development potential and convenient amenities make it an attractive option for both residents and investors.

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