PROPERTY SNAPSHOT What are projects priced in Kerinchi/Pantai?
Based on transactions analysed by theedgeproperty.com, the average price psf of non-landed residences in the Kerinchi, Pantai and Bangsar South areas was RM421 psf in 3Q2014
Based on transactions analysed by theedgeproperty.com, the average price psf of non-landed residences in the Kerinchi, Pantai and Bangsar South areas was RM421 psf in 3Q2014
Based on theedgeproperty.com’s analysis of transactions in the 12 months to 3Q2014, the RM100,001 — RM200,000 price range accounted for the largest market share of transactions (21.3%), and comprise mostly low-end flats
Pantai and Kerinchi areas are now increasingly being marketed as an extension of Bangsar, and benefit from their proximity to the Mid Valley Megamall and the city centre
Is there more upside for Bangsar? According to real estate professionals familiar with the area, it still has some room for growth.
From analysis of transactions by theedgeproperty.com, Sri Wangsaria saw the highest growth of average price per square foot (psf ), up 26.8% y-y to RM720 psf in 3Q2014
Development will consist of 412 units of two-storey terraced houses on 24.41 acres (9.87ha) of land in LakeHill Resort City, a township near Masai
Sunways’ higher net profit was contributed by capital gains of RM22.9 million from the disposal of Sunway Hotel Georgetown and Wisma Sunway
The least expensive projects in Bangsar are Bayu Angkasa (RM527 psf), Bangsar Puteri (RM626 psf) and Sri Kasturina (RM637 psf)
One Menerung is the most expensive development, with an average transacted price of RM4.02 million