Wednesday, July 29, 2009

Kondomonium Cost per M2 at Kuala Lumpur

Cost (USD) % Pice USD per M2
KL Kondo To Buy Rent (Month) Yeild To Buy Rent (month)
70 m2 133,910 942 8.44 1913 13.42
120 m2 163,920 1259 9.22 1366 10.49
160 m2 246,560 1843 8.97 1541 11.52
200 m2 398,000 2328 7.02 1990 11.64
250 m2 518,000 3050 6.49 2072 12.2
Gross rental yields in Kuala Lumpur generally stayed in the same range in 2008 as in the previous year, at 7.47% on average for condominiums. However Kuala Lumpur yields are very affected by the unit size. Smaller units of less than 200 sq. m. generate higher yields, the highest average yield being 9.22% for 120 square metre properties . The largest properties have the lowest yields, at 5.11%.

Average gross yields on bungalows have declined this year to an average of 3.86%, down from last year’s average of 4.35%. The lowest average yields are 3.48%, for 575-sq m houses.

Source : Global Property Guide

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