Sale Price *

Average
RM 403 psf
Range
RM 367 - 421 psf

Rental Price **

Average
N/A
Range
N/A

Rental Yield **

4.75%

Rental income expressed as a percentage of the property's value.

Sale Price *

Average
RM 403 psf
Range
RM 367 - 421 psf

Rental Price **

N/A
Range
N/A

Rental Yield **

4.75%

Rental income expressed as a percentage of the property's value.

Midfields Condominium, Salak Selatan Insights

Developer:YTL Land & Development Berhad
Architect:
Main Contractor:
Land Size (sqm):
GFA (sqm):
Plot Ratio (Incl. Bonus):
Project Name:Midfields Condominium
Street Name:Jalan 6/108c, Taman Sungai Besi, 57100, Kuala Lumpur
Postal Code:57100
Property Type:Condominium/Apartment
Tenure:
District/Planning Area:Salak Selatan
Completion:N/A
Number of Landed Units:0 units
Number of Non Landed Units:750 units
Sold Price Range/Average*:RM 367 psf - RM 421 psf / RM 403 psf
Leased Rental Range/Average**:
Implied rental yield**:4.75%
Historical High:RM 487 psf in Oct 2016 for a 1,950-sqft unit
Indicative Average Price from Historical High:%
Historical Low:RM 163 psf in Jun 2023 for a 1,074-sqft unit
Buyer Profile by Residential Status:
Buyer Profile by Purchaser Address:
*Based on transactions in the last 48 months.
**Based on asking rental data in the last 12 months. May not be representative.
Amenities
24-hour Security
Car Park
Badminton Court
Squash Court
Other Sports Facilities
Jacuzzi
Sauna
Swimming Pool
Fitness Centre
Jogging Track
Park and Garden
BBQ Area

About This Project

Located in Sungai Besi, Kuala Lumpur, Midfields Condominium is developed by YTL Land & Development Bhd. It comprises six layout choices of 2-, 3-, 4- and 4+1 bedroom and penthouse units.**##Location##**Midfields lies in the centre of Taman Sungai Besi, which is located in the southern part of KL, between Cheras and Taman Desa. It is surrounded by established townships such as Kuchai Lama, Desa Petaling Salak South Baru, Taman Danau Desa, Bandar Sri Permaisuri and Bandar Tun Razak.Accessibility is eased through the East-West Link Expressway, Sungai Besi Expressway, KL-Seremban Highway as well as Maju Expressway.It is located 8km away from the Southern Integrated Terminal, the main transportation hub in KL, which houses various railway links and the long distance bus terminal. By road, KL city centre is 10km away, IKEA Cheras 7km away, KL Sentral 8.5km away and Mid Valley Megamall is 11km away.Within walking distance from the condominium is Midfields Square, a 40-unit commercial complex, where the daily needs of the residents are catered to.**##Analysis##**The area has a range of low-cost and medium-high residential properties with conventional shop offices and modern commercial complexes such as Plaza 63 and Midfields Square as well as industrial areas for SMEs.The launching price of the first block started from RM200,000 in 2008. It created a buzz during that period due to the attractive pricing and all the 308 units of Block A were fully sold over a weekend.The second block was launched in 2009, a year after Block A, and the final block which comprises 156 units was launched a week after due to overwhelming response from the buyers with average selling price of RM280,000.Its price growth momentum has continued over the years, with average transacted price having increased from RM397 psf in 2012 to RM489 in 1H2016.According to TheEdgeProperty.com data, 8 units in Midfields were transacted in 1H2016 with average selling prices of RM567,875. TheEdgeProperty.com has recorded 93 listings as at Nov 23, 2016, showing that Midfields condominium has an average asking price of RM618,452 or RM484 psf.

Sales Transaction of Midfields Condominium

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Price Comparison with Nearby Properties (UP to 50)

Note: Excludes properties with no transactions in the past 4 years. *Prices and rentals are based on data in the past 4 years.

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Price Comparison with Nearby Properties

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Note: Excludes properties with no transactions in the past 4 years. *Prices and rentals are based on data in the past 4 years.

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