Sri Bukit Persekutuan, Federal Hill
Sri Bukit Persekutuan (also known as Seri Bukit Persekutuan) is a freehold apartment & landed development located in Federal Hill, Bangsar. It comprises Highbank Condominium, Meadowbank Villas and Westbank Terraces. There are 80 apartment units and 68 houses available at this project with built-up from 2,573 sf to 4,200 sf for apartment units and 3,500 sf to 9,000 sf for houses. It was developed by Tan & Tan Developments Bhd with a launch price of about RM500 psf for apartment units, RM340 psf for houses, and was completed around 2006.
Tan & Tan Developments Bhd is a big property developer listed on Bursa Malaysia, and it has developed about 35 property projects in Malaysia. Other similar projects by the same developer are Desa Damansara, G Residence, Northpoint, One Jelatek, Pangsapuri Cendana, Seri Ampang Hilir, Seri Maya, Sierramas, Sierramas West and Three28 Tun Razak.
This apartment & landed development has many amenities nearby, i.e. universities, schools, metro transport stations and hospitals. The following are some of the main universities here:
- Amcs College Of Medical
- Brickfields Asia College KL
- Brickfields Asia College (Bac 2)
- Globalnxt University
- Management And Science University
- Methodist College KL (MCKL)
As for schools, there are Buddhist Institute Sunday Dhamma School, Global Indian International School, Havil International School, SMK Bangsar (Integrasi) and SMK Vivekananda. There are also some metro transport stations here, for example MRT Muzium Negara and Monorail Tun Sambanthan.
The current market prices for Sri Bukit Persekutuan are from RM2,800,000 to RM3,890,000 (about RM1,050 psf) for apartment units and RM3,200,000 to RM8,120,000 (about RM1,080 psf) for houses; while the monthly rentals are from RM5,900 to RM12,000 (about RM2.50 psf) for apartment units and RM7,000 to RM13,000 (about RM2.17 psf) for houses. The highest median price psf ever recorded was RM1,088 psf in Q3 2018 (Apartment) and RM1,271 psf in Q3 2014 (House); while the lowest one was RM500 psf in Q1 2004 (Apartment) and RM340 psf in Q1 2004 (House).
The current rental yield of Sri Bukit Persekutuan is 2.63% for apartment units and 2.4% for houses. The highest rental yield ever recorded was 6.2% in Q4 2010 (Apartment) and 4.32% in Q4 2011 (House); while the lowest one was 2.14% in Q1 2018 (Apartment) and 2.4% in Q4 2017 (House). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Sri Bukit Persekutuan for apartment units is 3-bedroom / 2,756 sf with a median price of RM1,050 psf. For price wise, the most expensive one is 3-bedroom / 2,600 sf with a median price of RM1,090 psf; while the cheapest one is 4-bedroom / 4,200 sf with a median price of RM900 psf.
Lastly, the most popular layout and size combination at Sri Bukit Persekutuan for houses is 5-bedroom / 6,000 sf with a median price of RM1,080 psf. For price wise, the most expensive one is 4-bedroom / 6,200 sf with a median price of RM1,310 psf; while the cheapest one is 4-bedroom / 4,500 sf with a median price of RM710 psf.
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