Faber Heights is an exquisite condominium development located in the vibrant Taman Desa neighborhood of Kuala Lumpur.

With its modern design, comprehensive amenities, and strategic location, Faber Heights offers a harmonious living experience that caters to a diverse range of residents, from young professionals to families.

Key Features

Prime Location: Situated in Taman Desa, Faber Heights enjoys easy access to major highways and public transportation, making commuting to the city effortless.
Diverse Unit Options: The development features a variety of unit types, including studio, one-bedroom, two-bedroom, and three-bedroom apartments, allowing residents to choose the perfect fit for their lifestyle.
Comprehensive Amenities: Residents can enjoy a range of facilities, including a swimming pool, gymnasium, children’s pool, multipurpose court, and beautifully landscaped gardens.
Security Features: The condominium is equipped with 24-hour security systems, including CCTV surveillance and gated access, ensuring residents feel safe and secure.
Community Spaces: Faber Heights offers communal areas such as a clubhouse and barbecue pit, promoting social interaction and community bonding among residents.
Sustainability Initiatives: The development incorporates green practices, such as energy-efficient designs, water conservation measures, and waste management systems, promoting eco-friendly living.
Proximity to Amenities: Residents have easy access to shopping malls, educational institutions, dining options, and recreational areas, enhancing their overall lifestyle experience.

Analysis of the Sub-Sale Market

1. Transaction Prices

Faber Heights, an older high-rise development completed in 1989, shows a relatively stable but not particularly appreciating market. The selling prices range from RM 365,000 to RM 700,000, which translates to a price per square foot of RM 426 to RM 707[4].
This range indicates that the property values have not seen significant growth over the years, partly due to the ageing factor and the presence of newer developments in the vicinity.

2. Rental Market

The rental prices for Faber Heights are relatively modest. Rentals are listed at around RM 1,500 per month. This suggests a stable but not highly lucrative rental market[4].
The average rental yield for Faber Heights is approximately 4.11%, which is moderate compared to other properties in the area. For example, Vivo Residential @ 9 Seputeh has a rental yield of 2.92%, while The Scott Garden has a yield of 4.61%[4].

3. Market Potential

The capital appreciation potential for Faber Heights is described as very little due to its age and the emergence of new developments in the area. This makes it less attractive for investors seeking significant capital gains[4].

4. Comparative Analysis

When comparing Faber Heights to other developments in Taman Desa, it is clear that newer properties tend to have higher transaction prices and potentially better rental yields. For instance, properties like Vivo Residential @ 9 Seputeh and Camellia have higher price ranges and varying rental yields, reflecting the impact of newer amenities and modern conveniences on property values[4].

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