Residensi Jalilmas, a Federal Territories Affordable Homes (RUMAWIP) project located in Bukit Jalil, offers a comprehensive insight into the sub-sale market dynamics.
Sub-Sale Market Analysis
1. Transaction Price:
- Median Price: The median price for units in Residensi Jalilmas is approximately RM 297,000[1][5].
- Price Range: The selling prices range from RM 240,000 to RM 300,000, with a price per square foot (psf) of RM 297 psf to RM 375 psf[1][2].
- Market Context: This pricing aligns with the broader trend in Kuala Lumpur, where the average sub-sale home price is RM 801,557, and new homes are priced at an average of RM 708,462[4].
2. Rental Price:
- Rental Range: The rental prices for units in Residensi Jalilmas range from RM 900 to RM 1,500[3].
- Average Rental: The average rental cost for a property in Bukit Jalil is approximately RM 1,250[3].
- Market Comparison: This is significantly lower than the average rental price in Kuala Lumpur, which is RM 1,975[4].
3. Investment Potential:
- Capital Appreciation:Â Given its location and the demand for affordable housing, Residensi Jalilmas offers potential for capital appreciation.
- Rental Yield: The rental yield for units in Residensi Jalilmas is around 5.33%, which is competitive compared to other properties in the area[1].
4. Facilities and Amenities:
- Amenities:Â Residents have access to a multipurpose hall, recreation area, 24-hour security, and a nursery within the apartment complex[1][2][5].
- Transportation:Â The development is well-connected with various transportation options, including bus routes and proximity to LRT stations such as Alam Sutera, Muhibbah, Awan Besar, Kinrara Bk5, and Sri Petaling[5].
Sources:
- [1]Â www.propsocial.my
- [2]Â www.propsocial.my
- [3]Â www.propsocial.my
- [4]Â iqiglobal.com
- [5]Â www.propertygenie.com.my
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