Pantai Panorama

Pantai Panorama, located in the Bangsar South area, is one of the oldest condominiums in the region.

The property has seen a significant rise in popularity and prices due to its excellent location and upcoming infrastructure developments.

Sub-Sale Market Analysis

1. Transaction Prices:

• Current Prices: The transaction prices for Pantai Panorama condominiums range from RM344,250 to RM2,500,000, with a price per square foot (psf) ranging from RM324 to RM816[1][4].
• Historical Context: In 2010, the selling price for Pantai Panorama was around RM400,000 for a 1,000 sqft unit, indicating a significant increase in prices over the years[5].

2. Rental Prices:

• Current Rentals: The rental prices for Pantai Panorama condominiums range from RM2,200 to RM11,000 per month, with an average rental price of RM3,113[3].
• Rental Yield: The average rental yield for Pantai Panorama is around 5.09%, which is relatively higher compared to other properties in the area such as Bangsar Trade Centre (4.79%) and Saville @ The Park (3.66%)[1].

3. Market Analysis:

• New Developments: The area is seeing new developments such as Duo Tower and Pantai Sentral Park, which may impact the prices and rentals of existing properties like Pantai Panorama[1][3].
• Infrastructure: The upcoming link connecting the area directly to the SPRINT highway is expected to alleviate congestion along Jalan Kerinchi during peak hours, potentially increasing the attractiveness and value of properties in the area[1].

Key Points:

• Transaction Prices: RM344,250 to RM2,500,000 (RM324 to RM816 psf)
• Rental Prices: RM2,200 to RM11,000 per month (average: RM3,113)
• Rental Yield: 5.09%
• New Developments: Duo Tower, Pantai Sentral Park
• Infrastructure: Upcoming link to SPRINT highway

Sources:

• [1] www.propsocial.my
• [2] www.propertyguru.com.my
• [3] www.propsocial.my
• [4] www.propertyguru.com.my
• [5] forum.lowyat.net