Kiara Residence 1, located in Bukit Jalil, is a medium-rise and medium-density condominium that was completed in 2014.

The property is situated next to the KESAS Highway and is easily accessible by various major roads and highways, making it a strategic location for residents.

Kiara Residence 1 Bukit Jalil 1

Sub-Sale Market Analysis

1. Transaction Price:

Sub-Sale Prices: The sub-sale prices for Kiara Residence 1 range from RM380,000 to RM690,000, with a price per square foot (psf) ranging from RM379 to RM801[1].
Market Trend: The prices are expected to appreciate further in the coming years, especially with the completion of the LRT extension and the proximity of an LRT station within walking distance[1][5].

2. Rental Price:

Rental Rates: The rental prices for Kiara Residence 1 range from RM1,100 to RM2,700 per month, depending on the unit size and condition[2][5].
Rental Yield: The rental yield for Kiara Residence 1 is approximately 2.83% to 5.72%, indicating a moderate to high return on investment for landlords[1][5].

3. Market Analysis:

Location: The property is strategically located near various amenities such as the Awan Besar LRT station, International Medical University (IMU), schools, shopping centers, recreational parks, and food outlets[5].
Accessibility: The property is easily accessible by Jalan Awan Besar, Jalan Awan Cina, Jalan Jalil Perkasa, KESAS Highway, KL-Seremban Highway, and KL-Putrajaya Highway[5].
Investment Potential: Despite being on leasehold land, the property’s position among other condominiums in the area lends it some prestige, and its prices are expected to appreciate further in the coming years[5].

4. Comparative Analysis:

Neighboring Properties: Other properties in the area, such as Residensi Jalilmas, Kiara Residence 2, The Z Residence, and Laman Bayu, offer varying price points and rental yields, providing potential buyers and investors with a range of options to consider[1].