South View Serviced Apartment

  • Selling price ranges from RM420,000 to RM1,250,000
  • Rental prices ranging from RM1,500 to RM3,500 per month
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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.

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Subsale Market Analysis

1. Transaction Price Analysis:

  • Price Range: 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: 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: 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: The average rental price in Bangsar South is RM2,433, with prices ranging from RM150 to RM4,200[2].
  • Rental Yield: 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: 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: 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:

    • Vogue Suites One @ KL Eco City: RM560,000 to RM4,028,937, with a rental yield of 3.69%[3].
    • KL Eco City: RM386,500 to RM1,200,000, with a rental yield of 7.34%[3].
    • Bangsar Trade Centre: RM197,000 to RM900,000, with a rental yield of 4.79%[3].

Sources:

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Last updated on: January 24, 2025

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