Rediscover

Bandar Baru Sri Petaling

The median sale at Bandar Baru Sri Petaling, Kuala Lumpur, Malaysia is RM 587,500

25%
RM 420,000
RM 372 (PSF)
MEDIAN
RM 587,500
RM 412 (PSF)
75%
RM 738,000
RM 465 (PSF)

 

Overview

Bandar Baru Sri Petaling (or Sri Petaling as it is more commonly known), is a suburb which is located in Kuala Lumpur. Sri Petaling was first developed in the early 1980s, on what previously used to be rubber plantation estates.

Accessibility and Transportation

Today, this vibrant suburb has excellent infrastructure as it is located approximately 15 kilometres south of Kuala Lumpur and accessibility is a non-issue with it being connected to major highways such as the Shah Alam Expressway (KESAS), New Pantai Expresway (NPE), Kuala Lumpur – Putrajaya Highway (MEX), the Kuala Lumpur – Seremban Highway as well as the Middle Ring Road 2 (MRR2). All these bring Sri Petaling within easy reach of other parts of the Klang Valley such as Bukit Jalil, Kuchai Lama, Puchong, Bandar Sunway, Petaling Jaya, Bangsar, Shah Alam and even Klang. 

Initially, the population in Sri Petaling was not high upon development. However, over the years, the number of residents increased as more routes of access were opened. Over the years, development continued and accordingly, the population increased. When the Shah Alam Expressway (KESAS) was opened in 1997, this allowed travel to Subang Jaya in as little as 10 minutes, and this remains as one of the major factors which contributed to Sri Petaling’s rapid growth. In 2007, the Maju Expressway (MEX), a dedicated highway which connects the Kuala Lumpur City Centre to three prominent locations namely Putrajaya, the Federal Government’s administrative centre, Cyberjaya and the Kuala Lumpur International Airport (KLIA) was opened and this also contributed immensely to the development in Sri Petaling. 

Amenities and Facilities

In terms of amenities, Sri Petaling has its very own hypermarket, AEON Big, which is the anchor tenant in the Endah Parade Shopping Complex. There is also a branch of the National Registration Department of Malaysia (Jabatan Pendaftaran Negara) within the Endah Parade Shopping Complex as well as numerous other shops. There is also The Store supermarket which is located in the centre of Sri Petaling, which is flanked by many shoplots which house businesses ranging from mini markets, food and beverage outlets, boutiques, stationery suppliers and even Chinese medicinal halls. Additionally, a branch of the Employees’ Provident Fund (KWSP) has also opened in Sri Petaling.

Public transportation in and around Sri Petaling include public buses, taxis as well as the Light Rail Transit (LRT) which stops at the Sri Petaling station and the nearby Bukit Jalil stations. 

Past Transactions

Project / TownShipsTypeMedian Price PsfMedian PriceFiled Transactions
Bandar Baru Sri PetalingTerrace House,Flat,Low-Cost House,Semi-Detached House,Detached House,Condominium/ApartmentRM 441RM 805,661385 Transactions
Endah Villa CondominiumCondominium/Apartment,FlatRM 345RM 388,14686 Transactions
Endah RiaCondominium/ApartmentRM 380RM 429,57983 Transactions
Endah Regal CondominiumCondominium/Apartment,FlatRM 350RM 390,96076 Transactions
Taman Sri EndahSemi-Detached House,Terrace House,Detached HouseRM 503RM 876,71245 Transactions
Endah PromenadeHotel/Service ApartmentRM 504RM 553,44340 Transactions
8 PetalingCondominium/ApartmentRM 454RM 915,05233 Transactions
Endah PuriCondominium/ApartmentRM 428RM 514,09430 Transactions
Taman Bukit IntanTerrace HouseRM 797RM 821,08723 Transactions
PinnacleHotel/Service ApartmentRM 749RM 733,8002 Transactions
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Rent and Sale Prices in Bandar Baru Sri Petaling

BedroomsSale PriceMonthly RentRental Yield
1RM --RM ----
2RM 404,904RM 1,7195.09%
3RM 464,003RM 1,7184.44%
4RM 666,924RM 2,2133.98%
5RM --RM ----

Price per Square Foot

SectorPrice Psf (Non Landed)Price Psf (Landed)
Area AverageRM 359RM 438
State AverageRM 475RM 509

Highest Price Growth

ProjectsAnnual Growth
Taman Sri Endah0.67%

Lowest Price Growth

ProjectsAnnual Growth
Bandar Baru Sri Petaling0.04%