PROPCAFE is a fan of Bangsar South for a few obvious reasons. PROPCAFE likes its accessibility and city location, relatively new township with good infrastructures (yes DUKE 3 is coming), self-sustainable community with plenty of amenities, eateries, and entertainment, and full of professional job opportunities. We like what we see now, that’s why we cover it a lot! We guess this should be enough to solve the question marks from our followers. 😀
What’s new in Bangsar South 2021? It is the time for South Link! South Link has been vacant possessed since July 2021 and it has been well received in the rental market and even some secondary transactions. Based on our understanding, many owners obtained rental yield near to 6% and a few sub-sales transactions also hit RM960psf (fully renovated units and with tenancy). Well, if sub-sales buyers still can catch near to 4.8% rental yield, means there is really room to grow in this part of Kuala Lumpur. Are we seeing signs of recovery in the property market? In fact, we are not too sure, but selective areas may see the light at the end of the tunnel. The key is, choose the property wisely!
