1 Desa Residence is a modern condominium development located in the vibrant neighborhood of Taman Desa, Kuala Lumpur.

This prestigious residence offers a blend of comfort, convenience, and contemporary design, making it an ideal choice for individuals and families seeking a premium living experience in the city.

Key Features

Contemporary Design: The architectural layout features sleek lines and high-quality finishes, providing an aesthetically pleasing environment that complements modern living.
Spacious Units: Residents can choose from a variety of unit sizes, each thoughtfully designed to maximize space and natural light, ensuring a comfortable living experience.
Comprehensive Amenities: 1 Desa Residence includes state-of-the-art facilities such as a well-equipped gymnasium, swimming pool, children’s playground, and landscaped gardens, catering to the diverse needs of its residents.
Strategic Location: Situated in Taman Desa, the residence offers easy access to major highways, public transportation, and essential amenities such as dining options, shopping centers, and schools.
Strong Community Spirit: The surrounding neighborhood is known for its vibrant community atmosphere, with numerous events and activities that foster connections among residents.
Investment Potential: With its desirable location and robust rental demand, 1 Desa Residence presents an attractive opportunity for investors looking to capitalize on the growing real estate market in Kuala Lumpur.
Sustainability Initiatives: The development incorporates eco-friendly features like solar panels and sustainable landscaping, promoting a lifestyle that values environmental responsibility.

Sub Sale Market Analysis

Here is a detailed analysis of its sub-sale market, focusing on transaction prices and rental trends:

1. Transaction Prices:

Launch Price: The launch price was approximately RM360 psf[1].
Recent Transaction Prices:
- Q3 2021: RM700 psf, RM2.05 psf[1].
- Q1 2022: RM730 psf, RM2.27 psf[1].
- Q4 2022: RM677 psf, RM2.34 psf[1].
- Q3 2023: RM643 psf, RM2.34 psf[1].
Latest Sale Listings:
- 2,142 sf units: Prices range from RM1,280,000 to RM1,500,000[1].
- 4,300 sf units: Prices range from RM3,500,000[1].
- 4,500 sf units: Prices range from RM3,499,999[1].

2. Rental Trends:

Rental Yield: The current rental yield is around 4.0%, compared to 4.14% in Q2 2019 and 4.5% in Q2 2018[1].
Recent Rental Listings:
- 2,200 sf units: Rentals range from RM4,500 to RM5,000[1][2][5].
- 1,715 sf units: Rentals range from RM3,600[1][5].
- 4,400 sf units: Rentals range from RM9,000[1][5].
- Penthouse Units: Rentals range from RM6,000 for a 3,900 sq ft unit[5].

Conclusion:

1 Desa Residence’s sub-sale market shows a slight decrease in transaction prices over the past year, with recent prices ranging from RM643 psf to RM730 psf. Rental yields have stabilized around 4.0%, with popular units like 4-bedroom / 2,200 sf commanding rentals between RM4,500 and RM5,000.

The property’s strategic location and range of amenities contribute to its appeal in the market.

Sources: