The median sale at Bandar Utama, Selangor, Malaysia is RM 1,200,000
Overview
Bandar Utama is a residential suburb township, roughly 1,000 acres in size, which also hosts the popular 1 Utama Shopping Centre. The latter is well patronised and is one of the largest shopping malls in Malaysia. Bandar Utama is located within the Damansara subdivision of the Petaling district in the state of Selangor.
Property Development
Bandar Utama was developed in the early 1990s under developer See Hoy Chan Holdings Sdn Bhd. Previously, the area consisted of oil palm estates. Bandar Utama is made up of two parts, separated by the Sprint Expressway -- Sections BU1 until BU10 and BU11 with BU12. The two parts of Bandar Utama are joined by a bridge. It is very close to the mature Taman Tun Dr Ismail suburb.
Amenities and Facilities
In addition to 1 Utama Shopping Centre, there's a smaller neighbourhood mall known as Centrepoint Bandar Utama. It serves the neighbourhood, office workers and students from the secondary schools nearby.
The sought-after area continues to grow well with the opening of several schools in 1997 and 1998, including a tertiary institution, KBU International College.
There is also a five-star hotel in Bandar Utama, named One World. It is well connected to 1 Utama Shopping Centre, a convenience boon for hotel guests.
A place of interest in the area would be the man-made park opposite 1 Utama Shopping Centre. There is also the biggest climbing gym in Asia, Camp 5, inside the mall.
Past Transactions
| Project / TownShips | Type | Median Price Psf | Median Price | Filed Transactions |
|---|---|---|---|---|
| 1 Bukit Utama | Condominium/Apartment | RM 549 | RM 1,218,718 | 79 Transactions |
| BU11 | Terrace House | RM 701 | RM 1,287,253 | 38 Transactions |
| BU 6 | Terrace House | RM 989 | RM 1,779,250 | 32 Transactions |
| BU1 | Terrace House | RM 697 | RM 1,315,775 | 32 Transactions |
| BU10 | Terrace House | RM 789 | RM 1,451,000 | 25 Transactions |
| Pelangi Utama | Condominium/Apartment | RM 515 | RM 548,696 | 23 Transactions |
| BU2 | Terrace House | RM 661 | RM 1,317,310 | 22 Transactions |
| BU12 | Terrace House,Town House | RM 588 | RM 1,098,369 | 19 Transactions |
| BU4 | Terrace House | RM 742 | RM 1,286,250 | 16 Transactions |
| BU7 | Terrace House | RM 762 | RM 1,382,334 | 15 Transactions |
Check out all transactions.
Rent and Sale Prices in Bandar Utama
| Bedrooms | Sale Price | Monthly Rent | Rental Yield |
|---|---|---|---|
| 1 | RM -- | RM -- | -- |
| 2 | RM -- | RM -- | -- |
| 3 | RM 751,814 | RM 1,878 | 3% |
| 4 | RM 1,327,715 | RM 4,608 | 4.16% |
| 5 | RM 1,438,727 | RM 4,572 | 3.81% |
Price per Square Foot
| Sector | Price Psf (Non Landed) | Price Psf (Landed) |
|---|---|---|
| Area Average | RM 515 | RM 681 |
| State Average | RM 272 | RM 298 |