Faber Ria Condominium is a premier residential development located in the vibrant Taman Desa neighborhood of Kuala Lumpur.

This modern condominium offers a compelling blend of comfort, convenience, and community, making it an ideal choice for families, young professionals, and investors alike.

With a variety of unit types and an array of amenities, Faber Ria provides a luxurious living experience in the heart of the city.

Key Features:

Diverse Unit Options: Faber Ria offers a range of unit types, including studio apartments, one-bedroom, two-bedroom, and three-bedroom units, catering to various lifestyle needs and family sizes.
Strategic Location: Situated in Taman Desa, residents enjoy easy access to major highways, public transportation, and nearby shopping malls such as Midvalley Megamall and The Gardens Mall.
Comprehensive Amenities: The condominium features a well-equipped gymnasium, swimming pool, children’s playground, and multipurpose hall, providing residents with ample recreational opportunities.
Professional Management: Faber Ria is managed by a dedicated property management team that ensures the upkeep and smooth operation of the facilities and common areas.
Community Living: With regular community events and activities organized by the management team, residents can engage with their neighbors and foster a sense of belonging.
Security and Safety: The condominium is equipped with a 24-hour security system and ample parking spaces, ensuring the safety and peace of mind of its residents.

Faber Ria Condominium stands out as a desirable residential choice, offering a harmonious blend of modern living, convenience, and community engagement in one of Kuala Lumpur’s most sought-after neighborhoods.

Sub Sale Market Analysis

1. Market Trends and Pricing:

Pricing: The selling market price for Faber Ria units is approximately RM200,000 to RM600,000, with a price per square foot (psf) ranging from RM210 to RM550, depending on the unit size and location[3][4].
Growth Trends: Historical data shows that Faber Ria has experienced fluctuations in price but has generally maintained a stable market value. The prices have rebounded after previous drops, indicating a fairly valued status[5].
Rental Yield: Investors in Faber Ria are making a gross rental yield of 7% to 9%, which is relatively high compared to newer developments in the area[3].

2. Rental Market:

Rental Prices: The rental prices for Faber Ria units vary based on the size and furnishing of the unit. For a 2-bedroom, 2-bathroom unit, the rental price can range from RM1,300 to RM1,800 per month[2][3].
Average Rental Cost: The average cost of renting a property in Taman Desa, where Faber Ria is located, is RM1,642 per month[2].
Rental Yield: The gross rental yield for Faber Ria units can range from 7% to 9%, making it an attractive option for investors[1].

Comparative Analysis:

Neighboring Developments: Comparing Faber Ria with other developments in Taman Desa, such as Faber Heights and newer projects like Vivo Residential @ 9 Seputeh, shows that Faber Ria offers competitive pricing. However, its aging factor and limited potential for capital appreciation are significant considerations[4].
Market Demand: The demand for units in Faber Ria is influenced by its proximity to amenities, including Taman Desa town center, Faber Plaza, Mid Valley Megamall, and various recreational facilities. The development’s accessibility via major expressways and public transportation also contributes to its appeal[2].

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