Continental Heights is a condominium located in Kuchai Lama, Kuala Lumpur.
It is situated on a hill, providing residents with a quieter environment despite its proximity to the main road.
The property is in need of exterior renovation but has well-maintained facilities.
Key Features
- Prime Location: Situated along Old Klang Road, the condominium provides easy access to major highways, public transportation, shopping malls, educational institutions, and healthcare facilities.
- Diverse Unit Types: The development offers a variety of unit configurations, including studio, 1-bedroom, 2-bedroom, and 3-bedroom options, catering to different lifestyles and preferences.
- Modern Amenities: Residents can enjoy a well-equipped gymnasium, a swimming pool, a children’s playground, jogging tracks, and a multipurpose court, promoting an active and engaging lifestyle.
- Community Spaces: The condominium features a community hall and ample green spaces, fostering a sense of community among residents.
- 24-Hour Security: Safety is a priority at Continental Heights, with round-the-clock security personnel and surveillance systems ensuring peace of mind for all residents.
- Spacious Layouts: Each unit is designed with spacious layouts, maximizing natural light and ventilation while providing a comfortable living environment.
- Investment Potential: With strong appreciation potential and attractive rental opportunities, Continental Heights Condominium is an ideal choice for property investors looking to secure a lucrative asset.
Sub Sale Market Analysis
1. Transaction Prices:
- Median Transacted Price:Â The median transacted price for Continental Heights is RM 565,000, with a median price per square foot of RM 417[4].
- Range of Selling Prices:Â The selling prices for units in Continental Heights range from RM 388,000 to RM 700,000, with prices per square foot ranging from RM 359 to RM 538[1].
2. Rental Prices:
- Rental Range:Â Rental prices for Continental Heights start from RM 2,199 for a 1,350 square foot unit[2].
- Rental Listings:Â There are various listings available, with prices ranging from RM 2,100 to RM 3,300 per month[1][5].
3. Market Comparison:
- Neighboring Properties:Â Other properties in the area, such as 288 Residences, Arte KL, and KL Palace Court, have varying price ranges and rental yields. For example, 288 Residences has a rental yield of 5.07%, while Arte KL has a yield of 2.72%[1].
- Past Transactions:Â The past transacted prices in the neighborhood can provide valuable insights for making informed buying decisions. For instance, non-landed properties in the 1,000 to 1,500 square foot range have an average price of RM 416 per square foot[1].
Key Points:
- Median Transacted Price:Â RM 565,000
- Median Price per Square Foot:Â RM 417
- Rental Range:Â RM 2,100 to RM 3,300 per month
- Neighborhood Comparison:Â Varying price ranges and rental yields among neighboring properties
Sources:
- [1]Â www.propsocial.my
- [2]Â www.iproperty.com.my
- [3]Â www.hud.gov
- [4]Â www.iproperty.com.my
- [5]Â www.propertyguru.com.my
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