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Midfields Condominium | salak-selatan Leasehold Condominium/Apartment For Sale Or Rent

Sale Price (RM PSF)

25th %
399
Median
435
75th %
474

Sale Price (RM per Unit)

25th %
455,000
Median
490,000
75th %
535,000

392 Transactions from Jan 2012 to Oct 2018

07/12/2017
Jalan Besi Kawi
1,087
524
569,5880
06/12/2017
Jalan Besi Kawi
1,141
498
568,2180
27/11/2017
Jalan 6/108c
1,109
532
589,9880
17/11/2017
Jalan Besi Kawi
1,098
537
589,6260
25/10/2017
Jalan Besi Kawi
1,184
439
519,7760
11/10/2017
Jalan Besi Kawi
1,109
207
229,5630
19/09/2017
Jalan 6/108c
1,044
575
600,3000
13/09/2017
Jalan Besi Kawi
1,270
614
779,7800
06/09/2017
Jalan 1/108
850
535
454,7500
18/08/2017
Jalan 6/108c
1,141
456
520,2960
382 more transactions available…
Shows only 10 transactions and addresses are not disclosed. Log in or Register to view the full details of this project.

Historical Transaction Prices

Historical Monthly Price Range & Volume

Profitable Transactions (Limited to 5)

(Total of 5 transactions)

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing.

Unprofitable Transactions (Limited to 5)

(Total of 3 transactions)

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing.
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Project Detail

  • Project Name
    Midfields Condominium
  • Street Name
    Lebuhraya Sungai Besi, Taman Sungai Besi (and 10 others)
  • Property Type
    Condominium/Apartment
  • Tenure
    Leasehold
  • District / Planning Area
    Salak Selatan
  • Completion
    2013
  • Number of units
    750 units
  • Sold price range / Average*
    RM 328 - RM 599 psf / RM 463 RM
  • Leased rental range / Average*
    RM 1.27 - RM 2.11 PSF PM / RM 1.69 PSF PM
  • Implied rental yield
    4.38%
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.
Nearby Transports
Terminal Bersepadu Selatan (TBS) (Bus)
Bangsar (Bus)
KTMB Railway Station (Bus)
Salak Selatan (KTM)
Salak Selatan (LRT)
Bandar Tun Razak (LRT)
Nearby Schools
Kolej Multimedia Antarabangsa
Institut Profesional Axismatics
Institut Megatech
Institut Mentari
Reliance College (Reliance School of Tourism)
Institut Bahasa Teikyo
Nearby Hospitals
Taman Desa Medical Centre
UKM Specialist Centre
Imran ENT Specialist Hospital
Pantai Hospital Cheras
Samuel & Specialist Maternity Centre & Specialist Clinic for Women
Pantai Hospital Kuala Lumpur
Nearby Shopping Malls
Viva Home Shopping Mall
Mid Valley Megamall
The Gardens Mall
Ikon Connaught
KL Eco City
Bangsar Trade Centre
Nearby Clinics
Klinik Mediviron (Private)
Klinik Bakti (Private)
Klinik Putrijaya (Private)
Poliklinik An-Nisa' (Private)
Klinik Tan Lee (Private)
Klinik Kucai (Private)
Nearby Convenience Stores
99 Speedmart (Midfields Square East)
7-Eleven (Taman Sungai Besi)
7-Eleven (Bandar Sri Permaisuri)
Pasaraya Hero (Bandar Sri Permaisuri, Cheras)
99 Speedmart (Bandar Sri Permaisuri 2)
KK Super Mart (Bandar Sri Permaisuri)
Nearby Restorants
Kedai Makan Sekmechoy
Kedai Makan Sek Me Choy
Restoran Sekmechoy
Kedai Kopi Ah Song
Restoran L.T
Seven Seven Restaurant
Nearby Banks
RHB (Jalan Tun Mustapha)
RHB (Taman Sungai Besi)
Public Bank (Salak South)
RHB (Salak South)
Maybank (Bandar Sri Permaisuri Branch)
Agrobank (Cheras)
Nearby Petrol Stations
Petron (Salak South SS)
Petronas (East West Link)
Petronas (Petronas Salak Selatan)
Shell (Besraya Salak South Sb)
Petron (Sungai.Besi 2 SS)
Petron (Sungai. Besi East FS)
Nearby Police Stations
Balai Polis Salak Selatan
Ibu Pejabat Polis Daerah Cheras
Pondok Polis Kuchai Park
Pondok Polis Taman Mulia
Pondok Polis Taman Desa
Balai Polis Brickfields