Kinrara Mas, a condominium project located in Bukit Jalil, Kuala Lumpur, offers a comprehensive range of facilities and spacious units, making it an attractive option for potential buyers and renters.
Sub-Sale Market Analysis
1. Transaction Prices:
- Range: The transaction prices for Kinrara Mas units range from RM300,000 to RM1,100,000[4].
- Price per Square Foot (PSF): The PSF prices vary from RM222 to RM801[5].
- Comparison: When compared to adjacent properties, Kinrara Mas offers competitive pricing considering its size and layouts. For instance, The Zest and BK1 have PSF prices ranging from RM288 to RM717 and RM240 to RM743, respectively[5].
2. Rental Prices:
- Range: The rental prices for Kinrara Mas units range from RM950 to RM3,500[4].
- Rental Yield: The average rental yield is approximately 1.2%[5], which is relatively lower compared to other properties in the area like BK1, which has a rental yield of 4.04%[5].
3. Market Trends:
- Demand: The demand for Kinrara Mas units, particularly Type B, is high due to its spacious layout and complete condo facilities[1].
- Location: The condominium is strategically located near major highways and public amenities, enhancing its appeal. However, the area is still developing, with empty plots of land that could lead to increased density in the future[1].
Key Points:
- Transaction Price Range: RM300,000 to RM1,100,000
- Rental Price Range: RM950 to RM3,500
- Price per Square Foot: RM222 to RM801
- Rental Yield: 1.2%
- Demand: High, particularly for Type B units
Sources:
- [1]Â www.realestatemy.com
- [2]Â www.hr-group.com.my
- [3]Â www.propertyguru.com.my
- [4]Â www.propertyguru.com.my
- [5]Â www.propsocial.my
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