The Z Residence is a premier condominium development located in the vibrant Bukit Jalil area of Kuala Lumpur.
Developed by Zara Holdings, this luxurious property offers an exceptional blend of modern design, strategic location, and comprehensive amenities, making it an ideal choice for both homebuyers and investors.
With a total of 636 units spread across two elegantly-designed towers, The Z Residence promises an unparalleled living experience in one of the city’s most sought-after neighborhoods.
Sub-Sale Market Analysis
1. Transaction Prices
- The Z Residence, completed in April 2014, has seen a range of transaction prices. The selling prices for units in this condominium have been between RM 380,000 and RM 890,000, with the price per square foot ranging from RM 359 psf to RM 808 psf[1][4].
- The built-up areas of the units vary from 1,032 sqft to 1,407 sqft[4].
2. Rental Prices
- Rental prices for units at The Z Residence have been observed to be around RM 1,550 per month for some listings, although this can vary based on the unit size and condition[1].
- A specific rental listing shows a unit with 1,440 sqft, 3 bedrooms, and 2 bathrooms available for rent at RM 2,000 per month[3].
3. Rental Yield
- The rental yield for The Z Residence is estimated to be around 4.38% to 5.08%, indicating the return on investment for rental properties in this development[1][2].
4. Market Trends and Amenities
- The Z Residence is located in a strategic area with easy access to various amenities such as Plaza OUG, Endah Parade, Giant Hypermarket, Sunway Pyramid, International Medical University, and several recreational parks like Bukit Jalil Recreational Park and Bukit Jalil Golf and Country Resort. This proximity to amenities can influence both transaction and rental prices positively[5].
5. Density and Traffic
- While the development is well-received, it is noted for its high density and traffic issues during peak hours, which might affect buyer and renter preferences[1].
In summary, The Z Residence in Bukit Jalil offers a range of transaction prices from RM 380,000 to RM 890,000, with rental prices around RM 1,550 to RM 2,000 per month, and a rental yield of approximately 4.38% to 5.08%. The development’s strategic location and access to various amenities are significant factors in its market appeal.
Sources:
- [1]Â www.propsocial.my
- [2]Â www.edgeprop.my
- [3]Â www.edgeprop.my
- [4]Â www.land.plus
- [5]Â www.maxlandrea.com
Earl Kirtley –
Set in the highly sought-after Bukit Tunku neighborhood, these bungalows offer the ultimate in luxurious living, seamlessly blending serene seclusion with unrivaled urban connectivity. Surrounded by lush, expansive greenery, each residence features thoughtfully crafted layouts, impeccable finishes, and vast outdoor spaces, including expertly landscaped gardens and private pools. With sweeping, unobstructed views of the surrounding hills, the peaceful ambiance of this enclave provides an extraordinary retreat from the bustle of the city. Bukit Tunku’s prime location grants residents effortless access to Kuala Lumpur’s business, cultural, and leisure hubs, making these bungalows the epitome of refined living, offering unparalleled privacy, sophistication, and comfort.
Archie Holl –
prefer klcc view condo
Cuc Coppersmith –
A bungalow is a charming, single-story home celebrated for its efficient layout and accessibility. With its simple, low-maintenance design, it’s an ideal choice for small families, retirees, or anyone seeking a comfortable, easy-to-manage living space. Bungalows often feature inviting porches and outdoor areas, enhancing both functionality and appeal.
Isabell Sarra –
kenny hills detached house
Augustina Stubbendeck –
Condos provide a sense of community and security, often with gated entrances and on-site management. They’re ideal for first-time buyers or people looking to downsize. However, the shared walls and close quarters might not suit those who value privacy. Noise from neighbors can also be an issue.