Danau Idaman Condominium

  • Selling prices range from RM 245,000 to RM 460,000
  • Rental prices generally range from RM 1,200 to RM 1,800 per month
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Danau Idaman Condominium is a modern residential haven located in the vibrant Taman Desa neighborhood of Kuala Lumpur.

This condominium complex offers a unique combination of serene living, contemporary amenities, and a strong sense of community, making it an ideal choice for homebuyers and investors alike.

Danau Idaman Condominium 1 Danau Idaman Condominium 2 Danau Idaman Condominium 3 Danau Idaman Condominium 5 Danau Idaman Condominium

Key Features:

  • Prime Location: Situated along Jalan Desa Pandan, the condominium enjoys easy access to major highways, public transportation, and is close to various commercial and recreational amenities.
  • Diverse Unit Configurations: With a total of 780 residential units, Danau Idaman offers a range of options from studio apartments to spacious three-bedroom units, catering to singles, couples, and families.
  • Comprehensive Amenities: Residents can enjoy an array of facilities including a swimming pool, gymnasium, jogging track, children’s playground, and multipurpose hall, ensuring a well-rounded lifestyle.
  • Community Engagement: The condominium fosters a vibrant community atmosphere with various communal spaces that encourage interaction among residents and organized events that promote social bonding.
  • Serene Environment: Surrounded by lush landscaping and a scenic lake, Danau Idaman provides a tranquil living environment that contrasts beautifully with the hustle and bustle of city life.
  • Strong Investment Potential: The condominium is recognized for its steady appreciation in property values and strong rental demand, making it an attractive option for investors seeking stable returns.
  • 24-Hour Security: Enhanced safety measures are in place with round-the-clock security to ensure peace of mind for all residents.

Danau Idaman Condominium 1

Analysis of the sub-sale market

1. Transaction Prices

  • The median transacted price for units in Danau Idaman is around RM 370,000, with a median transacted price per square foot of approximately RM 395[2].
  • The selling prices for units in Danau Idaman range from RM 245,000 to RM 460,000, translating to a price per square foot of RM 261 to RM 491[1][5].

2. Rental Market

  • The rental prices for units in Danau Idaman vary, but they generally range from RM 1,200 to RM 1,800 per month. The average rental cost is approximately RM 1,594 per month[3].
  • The condominium is in high demand, especially among locals and expatriates, including Arabs and Africans, which contributes to a robust rental market[1][3].

3. Rental Yield

  • The average rental yield for Danau Idaman is around 4.56% to 5.95%. This indicates that investors can enjoy a decent return on their investment through rental income[1][5].

4. Property Specifications

  • Danau Idaman consists of 659 non-landed units and is known for its medium-end, high-density development. The typical unit sizes range from around 910 to 983 square feet, often featuring 3 bedrooms and 2 bathrooms[1][3][5].

5. Market Demand

  • The condominium is popular due to its location within the serene environment of Taman Desa, offering easy access to amenities such as shops, restaurants, and banks. This popularity contributes to a stable and in-demand rental market[1][3].

Sources:

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Last updated on: December 18, 2024

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