MyHabitat Condominium is a prestigious residential development located in the heart of Kuala Lumpur, specifically in the upscale Ampang area.
This luxurious high-rise offers residents a sophisticated urban living environment, combining modern architectural design with a wealth of amenities. Positioned conveniently near the iconic Petronas Twin Towers and the bustling KLCC district, MyHabitat Condominium provides unparalleled access to shopping, dining, entertainment, and business hubs.
Its strategic location ensures excellent connectivity to major transportation networks, making it an ideal choice for those seeking both convenience and luxury.
Subsale Market Analysis
1. Transaction Price Analysis
- Median Transacted Price: The median transacted price for MyHabitat condominiums in KLCC is RM 670,000, with a median price per square foot (PSF) of RM 788[3].
- Price Range: The transaction prices for MyHabitat units range from RM 625,000 to RM 1,000,000, with PSF prices ranging from RM 735 to RM 802[3].
- Recent Transactions: Recent transactions in 2024 include units sold at RM 680,000 (RM 800 PSF) and RM 670,000 (RM 788 PSF) for 2-bedroom units with 850 sq. ft. built-up area[3].
2. Rental Price Analysis
- Rental Price Range: The rental prices for MyHabitat condominiums in KLCC range from RM 2,400 to RM 4,200[2].
- Average Rental Price: The average rental price for properties in KLCC, including MyHabitat, is RM 2,907[2].
- Unit Sizes and Prices: Various unit sizes are available for rent, including 592 sq. ft. (RM 2,500 – RM 2,800), 850 sq. ft. (RM 2,500), 1,141 sq. ft. (RM 2,400 – RM 3,000), and 1,259 sq. ft. (RM 3,000 – RM 4,200)[2][5].
3. Market Trends
- Market Demand: The demand for smaller unit sizes in high-rise properties in KL and Selangor has been increasing, with median built-up sizes decreasing over the last decade[4].
- New Launches: New residential launches in 3Q 2023 saw a rise of almost 6,900 units, with units priced RM 300,000 and below dominating the market with over 70% share[1].
- Sales Performance: The sales performance of new launches improved to 37.6% in 3Q 2023, with Selangor recording the highest number of new launches at 2,491 units and an improved sales performance of 69.1%[1].
Sources:
- [1]Â www.iproperty.com.my
- [2]Â www.propsocial.my
- [3]Â www.iproperty.com.my
- [4]Â www.edgeprop.my
- [5]Â www.iproperty.com.my
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