One Menerung Condominium

  • Subsale prices range from RM 1,750,000 to RM 13,176,000
  • Rental prices ranging from RM 11,000 to RM 25,000 per month
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One Menerung is a premier condominium development located in the upscale Bangsar neighborhood of Kuala Lumpur.

Developed by BRDB (Bandar Raya Developments Berhad), this luxurious residential complex offers an exceptional living experience characterized by modern design, top-tier amenities, and a strategic location.

Perfectly suited for individuals, couples, and families, One Menerung combines convenience with elegance, making it one of the most sought-after addresses in the city.

One Menerung Condominium 1 One Menerung Condominium 2 One Menerung Condominium 3 One Menerung Condominium 4 One Menerung Condominium 5 One Menerung Condominium 6 One Menerung Condominium 7 One Menerung Condominium

Sub-Sale Market Analysis

1. Transaction Prices

  • Sub-Sale Prices: The units at One Menerung have a wide range of transaction prices. As of recent data, the prices for condominium units range from RM 1,750,000 to RM 13,176,000, with the price per square foot varying from RM 1,166 psf to RM 2,000 psf[4].
  • Average Pricing: The average asking price for units in the Bukit Bandaraya area, where One Menerung is located, was around RM 7,333,265.63 or RM 1,528.80 psf as of mid-December 2024[3].

2. Rental Prices

  • Rental Range: The rental prices for units at One Menerung vary significantly. Current listings show rentals ranging from RM 11,000 to RM 25,000 per month. For example, a 4,385 sqft unit with 4 bedrooms and 5 bathrooms can be rented for around RM 18,000 per month, while a larger unit of 6,000 sqft with 5 bedrooms and 6 bathrooms can for RM,000 per month[2][5].
  • Average Rental: The average monthly rental for properties in One Menerung is approximately RM 17,000, reflecting the luxury and spacious nature of the units[5].

3. Market Analysis

  • Location and Amenities: One Menerung benefits from its prime location in Bangsar, close to amenities like the Bangsar Shopping Centre (BSC), which enhances its appeal to both local and foreign buyers and renters. The proximity to Jalan Telawi and other key areas in Bangsar adds to its convenience[1][5].
  • Demand and Supply: The area is known for its high demand due to its prestige and the limited availability of new developments in such a fully developed area. This can drive up both sale and rental prices[1][3].
  • Target Market: The condominium attracts a mix of investors and residents, including foreigners, who are drawn to its luxury features, spacious units, and convenient location[1][3].

4. Investment and Rental Yield

  • Rental Yield: The average rental yield for properties in One Menerung is around 2.66%, indicating a relatively stable and potentially lucrative investment opportunity[4].

Sources:

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Last updated on: January 20, 2025

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