Kondominium Akasia, located in Bukit Jalil, Kuala Lumpur, is a residential project developed by a wholly-owned subsidiary of LTAT (Lembaga Tabung Angkatan Tentera), the Armed Forces Fund Board.

The project was completed in 2023 and features two 19-story blocks with a total of 580 units, spread across two layouts: 1,140 sqft and 1,200 sqft.

Sub-Sale Market Analysis

1. Transaction Price

The selling price of Kondominium Akasia is comparable to RumaWIP or PPAM projects, with a per square foot rate of approximately RM333.33. This makes it a value-for-money option, offering spacious units and generous facilities on a large piece of land[1].

2. Rental Price

The rental prices for Kondominium Akasia range from RM1,687.50 for a 1,140 sqft unit, indicating a rental yield that is competitive with other properties in Bukit Jalil[2][5].

3. Market Analysis

Bukit Jalil is a growing area with excellent connectivity, making it an attractive destination for both residents and investors. The median transaction price for condominiums in Bukit Jalil is RM550 per square foot, with landed houses having a median transacted price of RM1.5 million[3].

4. Key Points:

Affordability: Kondominium Akasia offers competitive pricing compared to other projects in Bukit Jalil.
Rental Yield: The rental yields for condominiums in Bukit Jalil tend to outperform those of landed houses, making them a favorable investment option[3].
Connectivity: Bukit Jalil benefits from direct access to the KESAS Highway and proximity to the SMART Tunnel, Puchong, KLIA, Putrajaya, and Cyberjaya, enhancing its appeal for residents and investors[3].

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