Desa Cindaimas Condominium is a modern residential development located in the bustling neighborhood of Taman Gembira, Kuala Lumpur.
This condominium complex offers a perfect blend of comfort, convenience, and community living, making it an ideal choice for families, young professionals, and investors alike.
With its strategic location, comprehensive amenities, and commitment to security, Desa Cindaimas stands out as a desirable option for those seeking a high-quality lifestyle in the heart of the city.
Features
- Spacious Units: The condominium offers a variety of unit types, including 3-bedroom units and larger 4-bedroom units, designed to cater to diverse lifestyle needs.
- Recreational Facilities: Residents can enjoy a range of amenities such as a fully-equipped gym, outdoor swimming pool, children’s pool, landscaped gardens, and multipurpose halls for gatherings.
- Enhanced Security: The development prioritizes safety with 24-hour security personnel, CCTV surveillance, gated entrances, and fire safety measures.
- Convenient Location: Situated near major highways and public transport options, residents have easy access to Kuala Lumpur city center and surrounding areas.
- Community-Oriented Living: The condominium fosters a sense of community through shared recreational spaces and organized events that promote social interaction among residents.
- Proximity to Amenities: Residents benefit from the nearby grocery stores, restaurants, healthcare facilities, and educational institutions, ensuring all daily needs are met within close reach.
- Investment Potential: With steady rental demand and favorable market conditions, Desa Cindaimas Condominium presents an attractive investment opportunity for potential buyers.
Sub-Sale Market Analysis
1. Transaction Prices
In recent years, the transaction prices for units at Desa Cindaimas Condominium have shown a steady upward trend.
The pricing structure typically varies based on the unit size, floor level, and condition.
- 3-Bedroom Units: These compact apartments generally range between MYR 370,000 to MYR 500,000.
- 4-Bedroom Units: Larger units can see transaction prices ranging from MYR 650,000 to MYR 800,000 or more, depending on the specific features and views offered.
Overall, the average transaction price for units within Desa Cindaimas has been observed at around MYR 450,000 to MYR 600,000 over the past year, reflecting a healthy demand in this residential segment.
2. Rental Prices
The rental market for Desa Cindaimas Condominium also exhibits promising rates that align with the growing interest in the area.
Typical rental prices vary by unit type and size:
- 3-Bedroom Units: Monthly rental prices range from MYR 1,200 to MYR 1,700.
- 4-Bedroom Units: The rental price typically falls in the range of MYR 1,800 to MYR 2,300 monthly.
The average rental yield for properties in Desa Cindaimas is estimated to be around 4% to 5%, making it a competitive choice for potential landlords looking to invest in rental properties.
3. Comparative Analysis
To better understand the sub-sale market dynamics for Desa Cindaimas Condominium, we can compare it with similar properties in the Taman Gembira area and its vicinity.
This analysis includes factors such as pricing, amenities, and investment potential:
- Similar Developments:
- Taman Desa Residences: This nearby development offers similar unit types but typically commands slightly higher transaction prices due to more upscale amenities. Prices range from MYR 400,000 for studio units up to MYR 900,000 for larger units.
- Gembira Residen: Another neighboring development with comparable amenities sees transaction prices ranging from MYR 350,000 to MYR 750,000. Rental prices are slightly lower than Desa Cindaimas but offer similar yields.
- Pricing Trends:
- When compared to other condominiums in Taman Gembira, Desa Cindaimas offers competitive pricing that appeals to both first-time buyers and investors. Its pricing is generally on par or lower than neighboring developments while maintaining a reasonable yield potential.
- Amenities and Facilities:
- In terms of amenities, Desa Cindaimas offers a solid suite of facilities including a gym, pool, and security services. While some comparables may provide additional luxury features such as rooftop gardens or premium clubhouses, the balance of cost and facilities at Desa Cindaimas remains attractive.
- Market Positioning:
- The ongoing development and infrastructure improvements in Taman Gembira enhance its attractiveness as a residential destination. With future projects on the horizon (such as new public transport lines), properties in this area—including Desa Cindaimas—are poised for further appreciation.
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