The Rainz by EXSIM

1. Transaction Price:

• Median Price: The median price for residential properties in Bukit Jalil, including The Rainz, is approximately RM 1,940,000[3].
• Price Range: The selling price for units in The Rainz ranges from RM 380,000 to RM 1,480,000, with a price per square foot (psf) range of RM 332 to RM 801[4].
• Average Cost: The average cost of a unit in The Rainz is around RM 794,000[5].

2. Rental Price:

• Rental Range: The rental prices for units in The Rainz range from RM 620 to RM 5,500, with an average rental price of RM 3,383[2].
• Rental Yield: The average rental yield for The Rainz is approximately 3.95%[4].

3. Market Insights:

• Bukit Jalil Market: The area has seen significant growth in property prices, with the average transacted price psf for non-landed homes rising 19.3% to RM 444 in 3Q2014 from the previous year[1].
• Demand: The demand for properties in Bukit Jalil remains steady, with a slight decrease in transaction volume, indicating a strong overall demand for both owner occupation and rental[1].
• Future Developments: The area is expected to see more high-rise strata apartments catering to middle-income households, with several projects scheduled for completion in the next few years[1].

4. Key Points:

• Location: The Rainz is strategically located in Bukit Jalil, with easy access to various transportation options, including LRT stations and highways[3][4].
• Amenities: The development offers a range of facilities and is surrounded by various amenities, including shopping malls and schools[3][4].
• Developer: The Rainz is developed by Exsim Development Sdn Bhd, a reputable developer with a track record of delivering high-quality projects[3][4].

Sources:

• [1] www.edgeprop.my
• [2] www.propsocial.my
• [3] www.propertygenie.com.my
• [4] www.propsocial.my
• [5] www.propsocial.my