The Savanna condominiums in Bukit Jalil, Kuala Lumpur, consist of two phases: Savanna 1 and Savanna 2
SubSale Market Analysis
1. Transaction Price:
- Median Transacted Price: The median transacted price for Savanna Condominium in 2023 was RM 625,000[1][4].
- Price per Square Foot (psf): The median transacted price per square foot was RM 473[4].
- Year-on-Year (YoY) Change: There was a 2.46% YoY increase in the median transacted price from 2022 to 2023[1].
2. Rental Price:
- Monthly Rental: The rental prices for Savanna Condominium in 2023 were around RM 2,499 per month[2].
- Rental Yield:Â While specific rental yield data for 2023 is not provided in the search results, understanding the rental price and transaction price can help estimate the yield. For example, if a unit is rented for RM 2,499 per month and the median transacted price is RM 625,000, the gross rental yield would be approximately 4.8% per annum.
3. Market Analysis:
- Developer: Savanna Condominium was developed by Berjaya Group[3].
- Units Available: There are 408 units available for sale or rent[3].
- Price Trend: The median transacted price per square foot showed a year-on-year price decrease of 5.8% over the last year, indicating a slight downturn in the market[5].
4. Key Points:
- Median Transacted Price:Â RM 625,000
- Median Transacted Price per Square Foot:Â RM 473
- Year-on-Year Price Change:Â 2.46% increase
- Monthly Rental:Â RM 2,499
- Developer:Â Berjaya Group
- Units Available:Â 408 units
- Recent Price Trend:Â 5.8% year-on-year decrease in price per square foot.
Sources:
- [1]Â www.iproperty.com.my
- [2]Â www.propertyguru.com.my
- [3]Â www.propertyguru.com.my
- [4]Â www.iproperty.com.my
- [5]Â www.iproperty.com.my
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