Desa Permai Condominium

  • Minimum subsale price for Desa Permai is RM 600,000
  • Rental prices range from RM 1,400 to RM 2,100 per month
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Desa Permai Condominium offers a vibrant living experience in the heart of Taman Desa, Kuala Lumpur.

Perfectly designed for families, professionals, and investors, this well-established condominium combines urban convenience with modern amenities, making it an ideal choice for anyone seeking a comfortable and dynamic lifestyle.

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Key Features:

  • Strategic Location: Nestled along Jalan Klang Lama, the condominium boasts excellent connectivity to major highways and public transportation, ensuring easy access to Kuala Lumpur’s key areas.
  • Diverse Unit Types: Offering a range of unit configurations including studio apartments, 1-bedroom, 2-bedroom, and 3-bedroom units to cater to various lifestyle needs and preferences.
  • Comprehensive Amenities: Residents can enjoy a variety of facilities such as an outdoor swimming pool, gymnasium, children’s playground, multipurpose sports court, and a clubhouse for social gatherings.
  • Security and Safety: The condominium features 24-hour security personnel, gated access, and CCTV surveillance, providing residents with a safe living environment.
  • Community Engagement: An active Residents’ Association fosters community spirit through organized events and activities, creating a close-knit neighborhood atmosphere.
  • Proximity to Education and Healthcare: Located near reputable educational institutions (like the University of Malaya) and healthcare facilities, making it a practical choice for families.
  • Retail and Dining Options Nearby: A wealth of shopping, dining, and entertainment options are available just minutes away along Jalan Klang Lama.
  • Strong Investment Potential: With consistent demand in the real estate market and promising rental yields, Desa Permai is an attractive option for property investors.

Desa Permai Condominium

Sub Sale Market Analysis

Desa Permai Condominium, located in Taman Desa, Kuala Lumpur, offers a mix of three-bedroom and 3+1 bedroom units with two bathrooms per unit, ranging from 1,200 to 1,313 square feet.

Here is a detailed analysis of the sub-sale market, including transaction prices and rental rates:

1. Transaction Prices:

  • Minimum Subsale Price: The minimum subsale price for Desa Permai is RM 600,000[4].
  • Ad Selling Price: The advertised selling price for Desa Permai ranges from RM 418,000 to RM 1,500,000, with a price per square foot (psf) ranging from RM 369 to RM 1,180[1].
  • Comparison with Surrounding Properties: When comparing Desa Permai with surrounding properties, it is noted that other developments like Vivo Residential @ 9 Seputeh and Faber Tower have different price ranges and psf values, indicating a diverse market in the area[1].

2. Rental Rates:

  • Rental Price Range: The rental prices for Desa Permai range from RM 1,400 to RM 2,100 per month[2].
  • Average Rental Cost: The average cost of renting a property in Taman Desa, where Desa Permai is located, is RM 1,737 per month[2].
  • Rental Yield: The average rental yield for Desa Permai is 2.19%, which is relatively lower compared to some other properties in the area like Vivo Residential @ 9 Seputeh (2.92%) and Camellia (4.76%)[1].

3. Market Insights:

  • Demand: Desa Permai enjoys high demand due to its strategic location near the city center of Kuala Lumpur, making it an attractive option for tenants seeking easy access to workplaces and amenities[4].
  • Facilities: The condominium offers a variety of state-of-the-art facilities, including covered car parks, gym, restaurant, BBQ area, salon, mini-mart, kindergarten, wading pool, jogging path, kids’ playground, tennis court, swimming pool, and 24-hour security, which enhances its appeal to potential buyers and renters[4].
  • Accessibility: Desa Permai is easily accessible via major roads such as Jalan Klang Lama and Jalan Desa Utama, and is close to amenities like Desa Water Park, Mid Valley MegaMall, and Taman Desa Medical Centre[4].

Sources:

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Last updated on: December 16, 2024

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