Continental Heights Condominium

  • Median transacted price of RM 565,000
  • Median price per square foot of RM 417
  • Rental prices range from RM 2,100 to RM 3,300 per month
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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.

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Sub Sale Market Analysis

1. Transaction Prices:

  • Median Transacted Price: 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: 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: Rental prices for Continental Heights start from RM 2,199 for a 1,350 square foot unit[2].
  • Rental Listings: 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: 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: 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: RM 565,000
  • Median Price per Square Foot: RM 417
  • Rental Range: RM 2,100 to RM 3,300 per month
  • Neighborhood Comparison: Varying price ranges and rental yields among neighboring properties

Sources:

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Last updated on: December 19, 2024

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