Jalil Damai Apartment Bukit Jalil

Jalil Damai Apartment is a well-maintained condominium in Bukit Jalil, known for its proximity to amenities and the high-end developments in the area.

It offers a free shuttle bus service to and from the nearby LRT station, which is a significant advantage for residents.

Sub-Sale Market Analysis

1. Sub-Sale Market and Transaction Price:

• Transaction Prices: Recent transactions in Jalil Damai have shown a range of prices. For example, a 1044 sq ft unit was sold for RM390,000, and a 1076 sq ft unit was sold for RM500,000[4].
• Price per Square Foot (PSF): The average transaction price PSF for non-landed homes in Bukit Jalil has seen significant growth. However, specific to Jalil Damai, the prices range from RM370,000 to RM480,000, with a PSF range of RM157 to RM801[1].

2. Rental Price:

• Rental Prices: The rental prices for Jalil Damai Apartments range from  RM1,600 to RM2,000 per month, based on the unit size and furnishings. For instance, a fully furnished 3-bedroom, 2-bathroom unit with 1,000 sq ft is available for rent at RM1,600 per month[2][5].
• Rental Yield: The indicative asking rental yield for Jalil Damai is around 11.94%, which is relatively high compared to other properties in the area[1].

Market Insights:

• Market Trends: The property market in Bukit Jalil has seen an impressive run, with rising values and steady demand. The average transacted price PSF for non-landed homes in Bukit Jalil has increased significantly over the years[3].
• Investment Potential: The area attracts young families and investors due to its relatively lower prices compared to more mature areas in the Klang Valley. The proximity to amenities and the upcoming Pavilion 2 mall adds to its appeal[3].

Key Points:

• Location: Bukit Jalil, with proximity to LRT stations and amenities.
• Transaction Prices: Range from RM390,000 to RM500,000 for units around 1,000 sq ft.
• Rental Prices: Around RM1,600 per month for a 3-bedroom, 2-bathroom unit.
• Rental Yield: Approximately 11.94%.
• Market Trends: Rising values and steady demand, making it an attractive area for investment and living.

Sources:

• [1] www.propsocial.my
• [2] www.edgeprop.my
• [3] www.edgeprop.my
• [4] www.starproperty.my
• [5] www.iproperty.com.my