Serai Bukit Bandaraya is a luxury condominium located in the high-end enclave of Bukit Bandaraya in Kuala Lumpur’s Bangsar.

Developed by Bandar Raya Developments Bhd (BRDB), it features 121 units across two 21-storey towers, with built-up sizes ranging from 4,025 sq ft to 6,913 sq ft.

Sub Sale Market Analysis

1. Transaction Prices:

Recent Sales:
- The most recent sales data indicates that units are selling at prices ranging from RM7,380,000 to RM12,500,000, depending on the size[2].
- The median price per square foot is 790 for a 3-bedroom unit with a built-up size of 4,025 sq ft[2].
Market Trends:
- The condominium has seen a steady increase in prices over the years, with the launch price being around RM1,300 psf in 2016[2].
- The current market price for a 3-bedroom unit (4,025 sq ft) is around RM6,500,000 to RM7,500,000, translating to RM1,615 to RM1,840 psf[2][5].

2. Rental Prices:

Recent Rentals:
- Rental listings show that units are renting out for prices ranging from RM17,000 to RM25,000 per month, depending on the size[2][5].
- The most common rental price for a 3-bedroom unit (4,025 sq ft) is around RM17,000 to RM20,000 per month[2].
Rental Yield:
- The current rental yield of Serai Bukit Bandaraya is around 2.76%, slightly down from 2.81% in Q2 2022 and 3.16% in Q3 2019[2].

Key Points:

Low Density: With only 121 units, Serai Bukit Bandaraya offers exclusivity and privacy, making it a sought-after property for high-profile individuals[1].
Luxury Facilities: The condominium features premium facilities such as a 50m-long heated saltwater infinity swimming pool, concierge service, fine dining facility, linear park with jogging track, lounge, gym, and other recreational facilities[1].
Management: Managed by Henry Butcher Malaysia (Mont Kiara) Sdn Bhd (HBMK), the property has been recognized for its excellent management and sustainability, winning the Gold in the Below 10 Years Multiple-owned Strata Residential Category at the 2021 EdgeProp Malaysia’s Best Managed & Sustainable Property Awards[1].

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