Pantai Hillpark Phase 1 is located in a quiet and secluded area near Bangsar South and Bukit Pantai, offering easy accessibility to various amenities such as KL Gateway Mall, Universiti LRT Station, and Mid Valley Megamall.
The area is known for its low-density apartments, with only 4 units per floor, and is described as quiet and secluded.
The development offers various amenities, including a swimming pool, covered carpark, and well-maintained facilities, which are attractive for families and those looking for a comfortable living environment.
Subsale Market Analysis
1. Transaction Price:
- Range:Â The subsale prices for Pantai Hillpark Phase 1 range from RM 345,000 to RM 680,000, with a price per square foot (psf) of RM 249 to RM 517[1][3].
- Average Price:Â The average cost of a property for sale in Pantai Hillpark 1 is approximately RM 524,631[1].
2. Rental Price:
- Range:Â The rental prices for Pantai Hillpark Phase 1 range from RM 2,000 to RM 3,000 per month[2][3].
- Average Rental Price:Â The average cost of renting a property in Pantai Hillpark 1 is approximately RM 2,500 per month[2].
3. Rental Yield:
- Percentage:Â The rental yield for Pantai Hillpark Phase 1 is approximately 5.3%[3][4].
4. Market Insights:
- Location:Â Pantai Hillpark 1 is located in a quiet and secluded area of Pantai, near Bangsar South and Bukit Pantai, making it highly conducive to raising families[1][3].
- Density:Â The development has a low density of 4 units per floor, which is a significant selling point[1][3].
- Age:Â The building is one of the original high rises in the area, completed in March 1991, but it is well maintained[3].
5. Comparative Analysis:
- Surrounding Properties:Â The prices of surrounding properties like Laurel Residence and Duo Tower are higher, indicating that Pantai Hillpark 1 offers relatively more affordable options[3].
- Recent Transactions:Â The past transacted prices in the neighborhood show a range of RM 461 psf to RM 693 psf for non-landed properties, depending on the size[3].
Sources:
- [1]Â www.propsocial.my
- [2]Â www.propsocial.my
- [3]Â www.propsocial.my
- [4]Â www.edgeprop.my
- [5]Â www.propertyguru.com.my
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