Saville @ The Park is a mixed development in Pantai, Bangsar South, Kuala Lumpur, offering both high-rise condominiums and landed properties.
The project was completed in 2015 by Amona Metro Development Sdn Bhd, a joint venture between Amona Group and Metro Kajang Berhad.
Sub-Sale Market Analysis
1. Transaction Prices:
- Launch Price:Â RM500,000 – RM3,700,000[3].
- Sub-Sale Price:Â RM560,000 – RM678,000[3].
- Average Transacted Price per Square Foot:
- 500 – 1,000 sq. ft.: RM693 psf
- 1,000 – 1,500 sq. ft.: RM513 psf
- 1,500 – 2,500 sq. ft.: RM461 psf[3].
2. Rental Prices:
- Rental Range:Â RM2,000 – RM4,200 per month[2][3].
- Average Rental Price:Â RM2,836 per month[2].
- Rental Yield:Â 3.66%[3].
3. Market Analysis:Â The sub-sale market for Saville @ The Park reflects a stable demand for properties in the Bangsar South area. The development offers a mix of high-rise and landed properties, catering to various buyer preferences. The transaction prices indicate a slight appreciation from the launch prices, suggesting a positive market trend. Rental prices are competitive, with an average yield of 3.66%, making it an attractive option for investors.
4. Key Points:
- Mixed Development:Â Offers both high-rise condominiums and landed properties.
- Completed in 2015:Â Developed by Amona Metro Development Sdn Bhd.
- Stable Demand:Â Reflects a positive market trend with slight appreciation in transaction prices.
- Competitive Rental Prices:Â Average rental price of RM2,836 per month with a 3.66% yield.
Sources:
- [1]Â forum.lowyat.net
- [2]Â www.propsocial.my
- [3]Â www.propsocial.my
- [4]Â www.propertyguru.com.my
- [5]Â www.rogerpangproperty.com
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