Iris Apartment in Taman Desa, Kuala Lumpur, offers a modern living experience characterized by its strategic location and impressive amenities.

Designed to cater to a diverse range of residents, from young professionals to families, this condominium ensures a comfortable and convenient lifestyle in one of the city’s most sought-after neighborhoods.

Key Features:

Prime Location: Situated in the vibrant Taman Desa neighborhood, Iris Apartment provides easy access to major highways, public transportation, and essential amenities. Residents benefit from proximity to shopping malls, restaurants, schools, and healthcare facilities.
Variety of Unit Types: The development features a mix of unit configurations, including studio apartments and spacious 3-bedroom units. This diversity caters to individual preferences and family needs, ensuring there’s something for everyone.
Modern Design: Each unit is thoughtfully designed with an open-concept layout that maximizes space and functionality. High-quality finishes and fittings throughout the apartments create an elegant living environment.
Comprehensive Amenities: Residents can enjoy a range of on-site facilities, including a well-equipped gymnasium, swimming pool, children’s wading area, landscaped gardens, and a multipurpose hall for social gatherings and events.
Security and Convenience: Iris Apartment prioritizes safety with 24-hour security personnel, CCTV surveillance, and controlled access points. Ample parking spaces are available for residents and guests, ensuring a hassle-free living experience.
Community Focus: The development fosters a sense of community with various shared spaces that encourage social interaction among residents, promoting a vibrant and inclusive atmosphere.

Sub Sale Market Analysis

1. Transaction Price:

**Average Cost:**The average cost of a unit in Iris Apartment is around RM210,959[2].
Price Range: The property prices range from RM180,000 to RM258,000, with a price per square foot (psf) ranging from RM284 to RM413[2].
Historical High: The historical high price was RM416 psf in January 2024 for a 624-sqft unit[5].

2. Rental:

Rental Range: The rental prices for Iris Apartment range from RM850 to RM1,000[3][4].
Average Rental: The average cost of renting a property in Taman Desa is RM910[3].
Rental Yield: The rental yield is approximately 5.07% to 5.71%[2][5].

3. Key Concerns:

Parking Issues: Residents face issues with inadequate open parking bays, leading to double- and triple-parking[2][3].
Oxidation Pool: The large oxidation pool next to Iris Apartment can cause a bad stench, making units with views away from the pool more desirable[2][3].

4. Market Insights:

Affordability: Iris Apartment is considered an affordable development, suitable for junior executives due to its location in the densely populated and busy commercial hub of Jalan Klang Lama[2][3].
Comparative Analysis: When comparing with surrounding properties, Iris Apartment offers competitive pricing and rental yields, making it a viable option for both buyers and renters[2][5].

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