Putra Ria Apartment is strategically located near the Federal Highway and the entrance road to Bangsar from Mid Valley Megamall, making it accessible but also somewhat isolated from the upscale areas of Bangsar.

It is a low-cost flat, which contrasts with the high-end properties typically associated with Bangsar.

Sub-Sale Market Analysis

Pricing:
- Selling Price: The selling price for units in Putra Ria Apartment ranges from RM210,000 to RM300,000, with a price per square foot (psf) of RM323 to RM461[3].
- Rental: The rental market for these units shows a demand, with rates ranging from RM1,000 to RM1,800 per month, indicating a rental yield of approximately 6.59%[3].
Market Trends:
- Stability: The Bangsar property market, including the sub-sale segment, is characterized by stability and consistent demand, particularly for residential properties[2].
- Limited Supply: The scarcity of new property developments in Bangsar, including affordable options like Putra Ria Apartment, could lead to gradual increases in property prices over the coming years[2].
Comparative Analysis:
- Neighboring Properties: When compared to other properties in the vicinity, such as Vogue Suites One @ KL Eco City and KL Eco City, Putra Ria Apartment offers a more affordable option with a higher rental yield[3].
- Market Performance: The overall residential property market in Malaysia saw a slight decline in transactions in the first half of 2023, but specific areas like Johor and Negeri Sembilan experienced significant increases[5].
Future Outlook:
- Infrastructure Improvements: Ongoing urban growth and infrastructure improvements, such as the expansion of MRT and LRT lines, are expected to enhance accessibility and make Bangsar more attractive for real estate investors and homebuyers[2].
- Sustainability: The demand for eco-friendly and sustainable real estate is growing, which could influence future property developments in Bangsar, though this may not directly impact existing low-cost flats like Putra Ria Apartment[2].