Nadi Bangsar Serviced Residence is a freehold service residence project located in Bangsar, Kuala Lumpur, developed by Hap Seng Land.

Completed in 2017, it consists of 416 units spread across 38 floors, with unit sizes ranging from 441 sq ft to 1,130 sq ft.

1. Key Facts:

Developer: Hap Seng Land
Total Units: 416 non-landed units
Unit Sizes: Ranging from 441 sq. ft. (studio units) to 1,130 sq. ft. (2-bedroom units)
Launch Price: From RM595,888
Current Selling Price: RM590,000 – RM1,500,000[1][5]
Rental Price: RM1,950 – RM5,500 per month[1]
Rental Yield: 7.1%[2]

2. Market Performance:

Capital Growth: -5.9%[5], indicating a slight depreciation in property value since its launch.
Median Transacted Price: RM 1,131 per sq. ft.[5]
Proximity to Amenities: Close to Bangsar Village I and II, Bangsar LRT Station, and Mid Valley Megamall, enhancing its appeal to potential buyers and renters[1].

3. Comparative Analysis:

Neighboring Properties:
- KL Eco City: Completed in 2017, with selling prices ranging from RM386,500 to RM1,200,000 (RM 323 psf – RM 1,116 psf) and rental yields of 7.34%[1].
- Suasana Bangsar: Completed in 2011, with selling prices ranging from RM912,000 to RM2,000,000 (RM 489 psf – RM 956 psf) and rental yields of 3.41%[1].
Market Trends: The Bangsar area has seen a mix of old and new developments, with newer projects like Nadi Bangsar and KL Eco City offering competitive pricing and amenities.

4. Market Analysis:

Popularity: Nadi Bangsar Service Residence has been a popular choice due to its good location and low-density design.
Location Advantage: Proximity to entertainment spots, highways, and public transportation, including Bangsar Village I and II, Bangsar LRT Station, and Mid Valley Megamall.
Facilities: The development features a full range of facilities, including a rooftop infinity swimming pool, sun deck, floating gymnasium, and a fully equipped function room with a gourmet kitchen.