The Park Sky Residence Bukit Jalil City

  • Sale price range for The Park Sky Residence is approximately RM 750,000 to RM 1.5 million
  • Rental prices for The Park Sky Residence range from RM 1,800 to RM 5,000 per month

The Park Sky Residence is a luxurious high-rise development located in the vibrant Bukit Jalil City, Kuala Lumpur.

This modern serviced residence offers a sophisticated living experience, blending contemporary design with exceptional amenities and strategic connectivity.

Perfectly suited for families, young professionals, and investors alike, The Park Sky Residence provides an inviting community atmosphere while being conveniently located near essential facilities, educational institutions, and recreational spots.

Sub-Sale Market Analysis

1. Transaction Prices:

  • Sale Price Range: The sale price range for The Park Sky Residence is approximately RM 750,000 to RM 1.5 million[1][3].
  • Price per Square Foot (PSF): The PSF ranges from RM 451 to RM 1,340, indicating a wide range of pricing depending on the unit size and location[1].
  • Unit Sizes: The units are sized from 868 square feet to 1,565 square feet, offering various layouts to cater to different needs[1][3].

2. Rental Prices:

  • Rental Range: The rental prices for The Park Sky Residence range from RM 1,800 to RM 5,000 per month[3][4].
  • Rental Yield: The rental yield is approximately 2.65% to 2.71%, which is relatively moderate compared to other properties in the area[1][4].

3. Market Insights:

  • Location: The property is strategically located in Bukit Jalil City, adjacent to the Pavilion Bukit Jalil mall and facing the 80-acre Bukit Jalil Recreation Park, enhancing its appeal and convenience[1][3].
  • Facilities: The development offers a range of luxurious facilities, including a 50-meter Olympic-sized swimming pool, sky gym, spa, and aromatic pool, among others, which contribute to its high-end status[3].
  • Accessibility: The property is well-connected to major highways such as MRR2, KESAS, MEX, and KL-Seremban, making it easily accessible[3].

4. Comparison with Nearby Properties:

  • Residensi Jalilmas: Offers a lower price range (RM 240,000 to RM 300,000) and a higher rental yield (5.33%)[1].
  • Twin Arkz: Has a higher price range (RM 600,000 to RM 2,100,000) and a moderate rental yield (3.53%)[1].
  • Laman Bayu: Features a higher price range (RM 1,210,000 to RM 1,690,000) and a higher rental yield (7.78%)[1].

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Sources:

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Last updated on: January 8, 2025

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