Abadi Ria Condominium

  • Sub-sale prices range from RM 760,000 to RM 1,380,000
  • Rental Prices at around RM 3,800 per month
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Abadi Ria Condominium is an attractive residential development located in the vibrant Taman Desa neighborhood of Kuala Lumpur.

This well-established condominium complex offers a harmonious blend of modern living, strategic accessibility, and a thriving community atmosphere.

Designed to cater to the needs of diverse residents, Abadi Ria combines spacious unit layouts with an array of top-notch amenities, making it an ideal choice for both homeowners and investors.

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Key Features

1. Prime Location

  • Accessibility: Located near major highways such as the Old Klang Road and Federal Highway, providing easy access to key areas in Kuala Lumpur.
  • Public Transportation: Close proximity to the Taman Desa LRT station for convenient commuting.

2. Unit Specifications

  • Variety of Layouts: Offers 1 to 3-bedroom units, catering to different household sizes.
  • Spacious Design: Generous built-up areas ensuring comfortable living spaces.
  • Quality Finishes: High-quality fittings and finishes for a contemporary living experience.

3. Amenities

  • Recreational Facilities: Includes a swimming pool, gym, and children’s playground promoting active lifestyles.
  • Common Areas: Beautifully landscaped gardens and communal spaces enhance the living environment.
  • Security Features: 24-hour security and gated access ensure a safe living experience.

4. Management and Maintenance

  • Professional Management: On-site management team dedicated to maintaining common areas and facilities.
  • Efficient Maintenance Services: Prompt attention to any maintenance issues or concerns.

5. Investment Potential

  • Strong Rental Demand: Ideal location makes it attractive for young professionals and families, driving consistent rental interest.
  • Stable Occupancy Rates: Historically high occupancy rates indicate a reliable rental market.
  • Capital Appreciation: Positive market outlook with potential for long-term value growth due to ongoing developments in the area.

Abadi Ria Condominium 5

Analysis of the sub-sale market

1. Transaction Prices

  • Sub-Sale Prices: The current sub-sale prices for units at Abadi Ria range from RM 760,000 to RM 1,380,000. This translates to a price per square foot of RM 417 to RM 554 psf[1][2][5].
  • Historical Prices: The launch prices for Abadi Ria, which was completed in November 2010, were between RM 446,000 and RM 872,000. This indicates a significant appreciation in value over the years[1][5].

2. Unit Sizes and Pricing

  • Units at Abadi Ria vary in size, with examples including 1,580 sqft, 1,989 sqft, and 2,490 sqft. The prices for these units are approximately RM 718,000, RM 760,000, and RM 1,320,000 respectively, reflecting the varying price per square foot[2].

3. Rental Market

  • Rental Prices: The rental market for Abadi Ria shows that units are available for rent at prices around RM 3,800 per month. This is relatively consistent across different sources, indicating a stable rental market[1][3].
  • Rental Yield: The average rental yield for Abadi Ria is approximately 3.79%. This suggests that the property can generate a decent return for investors through rental income[1].

4. Market Trends and Surrounding Developments

  • Market Conditions: Taman Desa, where Abadi Ria is located, is experiencing increased development with several other high-rise properties such as Abadi Villa, Abadi Indah, and Abadi Iris. This could lead to potential overcrowding and parking issues, but it also indicates a vibrant and in-demand area[1][5].
  • Comparative Analysis: When compared to other properties in the area, such as Vivo Residential @ 9 Seputeh and Desa Eight, Abadi Ria’s prices and rental yields are competitive. For example, Vivo Residential @ 9 Seputeh has a lower rental yield of 2.92%, while Desa Eight has a significantly lower yield of 1.38%[1].

Sources:

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Last updated on: December 17, 2024

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