8 Petaling, Sri Petaling

8 Petaling is a leasehold apartment located in Sri Petaling, Kuala Lumpur. There are 156 units available at this project with built-up from 1,690 sf to 2,024 sf. It was developed by I&P Group (aka Island & Peninsular) with a launch price at around RM360 psf, and was completed in about 2014.

I&P Group (aka Island & Peninsular) is a very large-sized real estate group, and it has constructed around 106 real estate projects in Malaysia. Other similar projects by the same developer are 10 Kinrara, Cemara Damai, Desa Bangsawan and Mutiara Indah.

Property Type
Apartment
Land Tenure
Leasehold
Built-up
1,690 sf - 2,024 sf
Market Price
RM810,000 - RM990,000
Density
156 Units
Completed In
2014
Launch Price
About RM360 psf

This apartment has many amenities nearby, for example schools, metro transport stations, universities and hospitals. The following are some main schools here:

As for metro transport stations, there are LRT Bukit Jalil and LRT Sri Petaling. There are also some universities here, i.e. Admal Avition College and International Medical University.

The current market prices for 8 Petaling are from RM810,000 to RM990,000 (about RM480 psf); while the monthly rentals are from RM2,400 to RM3,800 (about RM1.30 psf). The highest median price psf ever recorded was RM549 psf in Q1 2014; while the lowest one was RM360 psf in Q1 2012.

The current rental yield of 8 Petaling is around 3.0%, compared to 3.71% 2 years ago in Q2 2017. The highest rental yield ever recorded was 4.94% in Q2 2015; while the lowest one was 3.0% in Q2 2019. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at 8 Petaling is 3-bedroom / 1,690 sf with a median price of RM480 psf. For price wise, the most expensive one is 4-bedroom / 1,851 sf with a median price of RM490 psf; while the cheapest one is 3-bedroom / 1,851 sf with a median price of RM470 psf.

Latest 8 Petaling for sale listings:

DateTypeBuilt-upPrice
16-Jul-19Condominium1,814 sfRM840,000
08-Jul-19Condominium2,045 sfRM1,000,000
08-Jul-19Condominium1,690 sfRM850,000
08-Jul-19Condominium2,024 sfRM880,000
07-Jul-19Condominium1,814 sfRM845,000
22-Jun-19Condominium1,787 sfRM890,000
14-Jun-19Condominium1,851 sfRM850,000
14-Jun-19Condominium1,690 sfRM800,000
13-Jun-19Condominium1,841 sfRM890,000
30-May-19Condominium1,001 sfRM700,000

Latest 8 Petaling for rent listings:

DateTypeBuilt-upRental
11-Jul-19Room In Apartment-NA-RM1,000
02-Jul-19Condominium1,841 sfRM2,300
19-May-19Room In Apartment-NA-RM800
17-May-19Condominium1,851 sfRM2,299
15-May-19Condominium1,600 sfRM2,800
15-May-19Condominium1,850 sfRM3,200
15-May-19Condominium1,850 sfRM2,800
14-May-19Condominium1,890 sfRM2,100
26-Apr-19Condominium2,077 sfRM2,200
24-Apr-19Room In Apartment-NA-RM430

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