Mutiara Bukit Jalil, a low-density housing development in Bukit Jalil, Kuala Lumpur, has seen a steady demand for its properties.

Here is an analysis of the sub-sale market for Mutiara Bukit Jalil based on recent transaction data:

Mutiara Bukit Jalil 1 Mutiara Bukit Jalil 2 Mutiara Bukit Jalil 3 Mutiara Bukit Jalil 4 Mutiara Bukit Jalil 5 Mutiara Bukit Jalil 6 Mutiara Bukit Jalil 7

Sub Sale Market Analysis

1. Transaction Prices

Median Transacted Price: The median transacted price for Mutiara Bukit Jalil is RM 1,380,000, with a median price per square foot (psf) of RM 838.08[2].
Price Range: The transaction prices range from RM 1,060,000 to RM 1,550,000, with prices per square foot ranging from RM 750 to RM 941[2].
Year-on-Year (YoY) Change: The median price per square foot has seen an 18.33% YoY increase, indicating a strong demand for properties in this area[2].

2. Rental Prices

Rental Range: The rental prices for properties in Mutiara Bukit Jalil range from RM2,950 to RM3,500.
Average Rental: The average cost of renting a property in Bukit Jalil is RM3,250.
Room Rentals: Individual rooms within houses in Mutiara Bukit Jalil are available for rent at prices such as RM530 per month, offering fully furnished accommodations with various amenities.

3. Market Trends

Demand: The demand for landed residential properties in Bukit Jalil surpasses that for non-landed properties, leading to a significant increase in prices over the last 10 years[1].
Supply: There is a concern about the oversupply of non-landed projects in Bukit Jalil, which could potentially lead to a price decline if not controlled[1].
Future Outlook: Despite the current economic slowdown, property experts remain positive about the long-term prospects of Bukit Jalil due to its good connectivity and demand[1].

4. Key Points

Freehold Tenure: Most properties in Mutiara Bukit Jalil are freehold, which is a significant factor in their high demand[2][4].
Connectivity: Bukit Jalil is accessible via the Shah Alam Expressway (KESAS) and Maju Expressway, enhancing its appeal to potential buyers[1].
Demographics: The target market for Bukit Jalil is primarily the upper-middle class, with many upgraders from older areas such as Sri Petaling, Puchong, and Seri Kembangan moving to Bukit Jalil[1].

Mutiara Bukit Jalil 8