Petaling Indah is a leasehold condominium located in Sungai Besi, Kuala Lumpur.

It comprises 4 blocks of 8 to 13 storeys high, with a total of 672 units. Each unit has built-ups ranging from 850 to 1,100 square feet.

Sub Sale Market Analysis

1. Transaction Prices:

Recent transaction data shows that the selling prices for Petaling Indah condominium units have varied.

For example:

2017 Transactions:
- Units of 850 square feet were sold for RM315,000 and RM328,000.
- Units of 861 square feet were sold for RM275,000, RM280,000, and RM300,000[3].
Current Listings:
- A corner unit with a built-up area of 1,100 square feet is listed for sale at RM370,000, which is below the market value of RM450,000[5].

2. Rental Prices:

The rental prices for Petaling Indah condominium units are as follows:

Range: RM1,000 to RM1,450 per month[2].
Average Rental Price: RM1,187 per month[2].
Specific Listings:
- A 2-bedroom, 2-bathroom unit with a built-up area of 855 square feet is available for rent at RM1,200 per month[4].
- Various units with different sizes and furnishings are listed for rent within the range of RM1,000 to RM1,450 per month[2].

3. Market Insights:

Demand: The property is preferred by the middle class due to its strategic location near central business districts and the city center, leading to a stable demand for rental units[1].
Accessibility: While the property is conveniently located, residents may face challenges reaching nearby amenities due to the need to use highways, which can lead to traffic jams during rush hour[1].

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