Gembira Residen is a condominium located in Kuchai Lama, Kuala Lumpur. It consists of 3 blocks of 24-storey buildings with a total of 467 units, ranging from 1,168 sq. ft. to 3,068 sq. ft. in size.

Features

Prime Location: Situated in Kuchai Lama, Gembira Residen provides easy access to major highways, public transportation options, and essential amenities, ensuring residents can navigate the city with ease.
Exceptional Amenities: Residents can enjoy a range of facilities such as a well-equipped gymnasium, swimming pool, children’s playground, barbecue area, and multipurpose function room, promoting an active and social lifestyle.
Security and Safety: Gembira Residen prioritizes resident safety with 24-hour security surveillance, controlled access points, and a dedicated management team to ensure peace of mind.
Community-Oriented Living: The condominium fosters a sense of community through beautifully designed communal spaces that encourage social interaction among residents.
Nearby Amenities: Residents benefit from a wide array of shopping, dining, educational institutions, and healthcare facilities in the surrounding area, enhancing the overall living experience.
Investment Potential: With strong rental demand and capital appreciation prospects, Gembira Residen is an attractive option for investors looking to capitalize on Kuala Lumpur’s dynamic real estate market.

Sub-Sale Market Analysis

1. Transaction Price:

Median Transacted Price: The median transacted price for Gembira Residen is RM 810,000, with a median transacted price per sq. ft. of RM 543[2][3].
Price Range: The selling price range for Gembira Residen is between RM 635,000 and RM 1,500,000, translating to RM 351 psf to RM 679 psf[1].
Year-on-Year Price Change: There has been a 4% year-on-year price decrease[3].

2. Rental Price:

Rental Range: The rent for units in Gembira Residen starts from RM 1,700 per month[4].
Rental Yield: The average rental yield for Gembira Residen is 2.91%[1].

3. Market Comparison:

Surrounding Properties: Other properties in the area include Kuchai East, The Leafz, Seringin Residences, 288 Residences, Arte KL, and Le Yuan Residence. Their selling prices and rental yields vary, providing a range of options for potential buyers and renters[1].
Upcoming Properties: Projects like Aster Hill, with a launch price starting from RM 500,000 and selling prices ranging from RM 490,000 to RM 689,780, offer additional choices in the area[1].

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