Danau Permai Condominium

  • Selling price range for Danau Permai is between RM 432,000 and RM 700,000
  • Rental price range is between RM 1,600 and RM 2,000 per month
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Danau Permai Condominium is a modern residential development located in the serene neighborhood of Taman Desa, Kuala Lumpur.

Surrounded by lush greenery and a picturesque lake, this condominium offers residents a peaceful living environment while providing easy access to essential amenities and transportation options.

With a variety of unit types and an impressive range of facilities, Danau Permai is an ideal choice for families, professionals, and investors alike.

Key Features

  • Prime Location: Conveniently situated near Mid Valley Megamall and well-connected to public transportation, making commuting easy.
  • Diverse Unit Types: Offers a mix of studio, one-bedroom, two-bedroom, and three-bedroom units to cater to various lifestyles and preferences.
  • Modern Amenities: Includes a gymnasium, swimming pool, children’s playground, multipurpose courts, and a lakeside promenade for recreational activities.
  • Beautiful Landscaping: Well-maintained gardens and outdoor spaces enhance the natural beauty of the property.
  • Community Engagement: A vibrant community with regular events and activities organized by the management to foster social interactions among residents.
  • Security Features: Equipped with 24-hour security personnel, CCTV surveillance, and controlled access points to ensure resident safety.
  • Quality Finishes: Units feature high-quality materials and modern fittings for a contemporary living experience.

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Sub Sale Market Analysis

  1. Transaction Prices:
    • Median Transacted Price: The median transacted price for Danau Permai is RM 520,000[2].
    • Price Range: The selling price range for Danau Permai is between RM 432,000 and RM 700,000, with a price per square foot (psf) range of RM 413 psf to RM 688 psf[1].
  2. Rental Prices:
    • Rental Range: The rental price range for Danau Permai is between RM 1,600 and RM 2,000 per month[1].
    • Rental Yield: The average rental yield for Danau Permai is 4.09%[1]. However, another source indicates a higher rental yield of 10.09%[5], which might be an outlier or based on different data.
  3. Comparative Analysis:
    • Neighboring Properties: Other properties in the vicinity, such as Desa Eight and Faber Tower, have different price and rental dynamics. For example, Desa Eight has a much higher selling price range of RM 2,600,000 to RM 5,380,000 but a lower rental yield of 1.38%[1][4].
    • Market Trends: The past transacted prices in the neighborhood show a range of RM 392 psf to RM 576 psf for non-landed properties, indicating a diverse market[1].
  4. Rental Market:
    • Demand: The rental market for Danau Permai is active, with 15 condominiums available for rent as of 2024[3].
    • Investment Potential: The property is in demand by locals and expatriates, making it a potential investment opportunity for those seeking rental income[1][4].

In conclusion, Danau Permai offers a range of transaction prices and rental yields, making it a viable option for both buyers and investors. However, it is essential to consider the broader market trends and neighboring properties to make informed decisions.

Key Points:

  • Median Transacted Price: RM 520,000
  • Price Range: RM 432,000 to RM 700,000
  • Rental Range: RM 1,600 to RM 2,000 per month
  • Rental Yield: 4.09% (or 10.09% based on another source)
  • Active Rental Market: 15 condominiums available for rent as of 2024

Sources:

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Last updated on: December 18, 2024

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