PPA1M Bukit Jalil is an innovative residential development designed to provide affordable housing options for civil servants and the general public.
Located in the highly sought-after Bukit Jalil area of Kuala Lumpur, this project combines modern living with a range of amenities that cater to the needs of families and individuals alike.
With its strategic location, spacious units, and commitment to sustainability, PPA1M Bukit Jalil represents an ideal choice for those seeking quality living at an accessible price.
Sub Sale Market Analysis
1. Transaction Price:
- Average Cost:Â The average cost of a unit in PPA1M Bukit Jalil is approximately RM264,000[2].
- Price Range:Â The transaction prices for PPA1M Bukit Jalil units range from RM225,000 to RM382,500, with a price per square foot (psf) of RM224 to RM382[2].
- Historical Context:Â The launch price for some units, particularly those with additional car park slots, was higher. For example, a unit with two car park slots was priced at RM330,000, compared to RM300,000 for a unit with one car park slot[1][5].
2. Rental Price:
- Rental Range: The rental prices for PPA1M Bukit Jalil units range from RM1,000 to RM2,000 per month[2].
- Rental Yield:Â The average rental yield for PPA1M Bukit Jalil is approximately 5.73%[2].
- Market Listings:Â There are various listings for PPA1M Bukit Jalil units for rent, with prices and amenities varying. Some listings include partially furnished units with kitchen cabinets and two parking slots, priced around RM1,000 to RM1,500 per month[3].
3. Market Analysis:
- Supply and Demand:Â The Bukit Jalil area has seen a significant increase in residential units, leading to concerns about oversupply. This has impacted property prices, causing them to remain stagnant or decline in some cases[4].
- Investment Potential:Â Despite the challenges, Bukit Jalil is considered a desirable place to live and an attractive destination for investment. Property prices are expected to continue their upward trajectory, and rental yields are anticipated to remain robust[4].
- Connectivity:Â Bukit Jalil benefits from excellent connectivity, with direct access to the KESAS Highway and proximity to the SMART Tunnel, Puchong, KLIA, Putrajaya, and Cyberjaya, making it convenient for those working or studying in these areas[4].
4. Key Considerations:
- Price:Â Property prices in Bukit Jalil tend to be on the higher side.
- Traffic:Â The area can experience heavy traffic congestion during peak hours.
- Rental Yields:Â Rental yields for condominiums in Bukit Jalil tend to outperform those for landed houses, but investors should be aware of market fluctuations[4].
Sources:
- [1]Â forum.lowyat.net
- [2]Â www.propsocial.my
- [3]Â www.edgeprop.my
- [4]Â www.metproperty.com
- [5]Â forum.lowyat.net
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