South View Serviced Apartments is a freehold high-rise serviced apartment located in Bangsar South, Kuala Lumpur.
Developed by UOA Group, it consists of two blocks, each with 46 storeys and 602 units, offering built-ups ranging from 646 sq ft to 1,184 sq ft.
Subsale Market Analysis
1. Transaction Price Analysis:
- Price Range:Â The selling price for units in South View Serviced Apartments ranges from RM420,000 to RM1,250,000, with a price per square foot (psf) ranging from RM509 to RM1,121[3].
- Recent Transactions:Â Recent sales listings show prices such as RM558,000 for a 648 sq ft unit, RM625,000 for an 823 sq ft unit, and RM980,000 for a 1,119 sq ft unit[4].
2. Rental Price Analysis:
- Rental Price: Rental prices for South View Serviced Apartments vary, with listings ranging from RM1,500 to RM3,500 per month, depending on the unit size and furnishing[5].
- Rental Range:Â Rental prices for South View Serviced Apartments vary, with listings showing prices such as RM1,600 for a 648 sq ft unit, RM2,800 for an 823 sq ft unit, and RM3,500 for a 1,092 sq ft unit[4].
- Average Rental:Â The average rental price in Bangsar South is RM2,433, with prices ranging from RM150 to RM4,200[2].
- Rental Yield:Â The rental yield for South View Serviced Apartments is approximately 2.92%[3], though another source suggests a higher yield of 5.62%[1].
3. Market Insights:
- Accessibility:Â South View is highly accessible, connected to major expressways like the Federal Highway, Kerinchi Link, and New Pantai Expressway (NPE), and within walking distance to LRT stations[1][5].
- Amenities: The development offers various facilities such as a multi-purpose hall, private function room, children’s playground, gymnasium, childcare centre, swimming pool, and outdoor café[1].
- Neighborhood:Â The area is surrounded by shopping malls like KL Gateway Mall and Nexus Bangsar South, educational institutions like Universiti Malaya, and medical facilities like Pantai Medical Centre KL[5].
4. Comparative Analysis:
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- Vogue Suites One @ KL Eco City:Â RM560,000 to RM4,028,937, with a rental yield of 3.69%[3].
- KL Eco City:Â RM386,500 to RM1,200,000, with a rental yield of 7.34%[3].
- Bangsar Trade Centre:Â RM197,000 to RM900,000, with a rental yield of 4.79%[3].
Sources:
- [1]Â www.edgeprop.my
- [2]Â www.propsocial.my
- [3]Â www.propsocial.my
- [4]Â www.land.plus
- [5]Â rent.rumah-i.com
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