Continew Residence is strategically positioned in the bustling area of Jalan Tun Razak, offering a blend of modern living with easy access to Kuala Lumpur’s key amenities.
This development has become a focus for both property investors and renters due to its prime location and comprehensive facilities.
Sub Sale Market Analysis
1. Transaction Price:
- Price Range for Sale:Â The transaction prices for Continew Residence in the sub-sale market range from RM 550,000 to RM 1.20 million. This pricing spectrum indicates a diverse selection of units available, accommodating various budgets and preferences.
- Price Per Square Foot:Â The price per square foot for these units ranges from RM 846.23 to RM 1,369.86, reflecting the variance in unit size, floor level, and view.
- Units Available:Â There are currently around 52 units listed for sale, providing potential buyers with multiple options to consider based on their specific needs and investment goals.
2. Rental Market Price:
- Price Range for Rent:Â Rental prices for Continew Residence span from RM 870 to RM 3,000 per month. This wide range caters to different tenant profiles, from single professionals to small families.
- Rental Rate Per Square Foot:Â The rental rate per square foot is between RM 3.00 and RM 8.32, which aligns with the amenities offered and the overall demand in the area.
- Units Available for Rent:Â Approximately 126 units are available for rent, suggesting a healthy rental market with significant tenant interest.
 3. Comparative analysis of nearby properties
| Feature | Continew Residence | Sunway Velocity Residences | TRX Residences |
|---|---|---|---|
| Location | Jalan Tun Razak, off Jalan Cochrane, KL | Jalan Cheras, KL | Tun Razak Exchange, KL |
| Sale Price Range | RM 550,000 – RM 1.20 million | RM 600,000 – RM 1.5 million | RM 1 million – RM 3 million |
| Rent Price Range | RM 870 – RM 3,000/month | RM 1,500 – RM 4,000/month | RM 3,000 – RM 7,000/month |
| Price Per Sqft (Sale) | RM 846.23 – RM 1,369.86/sqft | Varies, generally higher due to integrated mall | Higher due to luxury positioning |
| Amenities | Infinity pool, gym, playground, sauna, BBQ pits | Swimming pool, gym, rooftop garden, multipurpose hall | Infinity pool, gym, club lounge, premium facilities |
| Accessibility | Close to IKEA Cheras, MyTOWN, MRT stations | Direct access to Sunway Velocity Mall, LRT/MRT | Part of TRX City project in the financial district |
| Appeal | Modern living with strong rental yield potential | Integrated lifestyle with mall access | Luxury living in a prestigious financial district |
| Investment Potential | Competitive pricing; strong rental demand | High demand due to integration with retail | High capital appreciation potential |
Key Takeaways:
- Continew Residence is ideal for those seeking affordable urban living with good rental yield potential and access to public transport.
- Sunway Velocity Residences targets residents who value an integrated lifestyle with immediate access to shopping and healthcare facilities.
- TRX Residences is best suited for luxury seekers and professionals working in the financial district, offering premium amenities and prestigious location benefits.
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