Kiara Residence 2 is a modern condominium development located in the vibrant neighborhood of Bukit Jalil, Kuala Lumpur.
Designed to offer an exceptional living experience, this residential property combines contemporary architecture with a host of luxurious amenities. Ideal for both families and young professionals, Kiara Residence 2 provides a perfect blend of comfort, convenience, and community living.
With its strategic location, residents enjoy easy access to key transportation links, shopping centers, and recreational facilities, making it a highly sought-after choice in the real estate market.
Subsale Market Analysis
1. Transaction Prices
- The sub-sale prices for Kiara Residence 2 range from RM 570,000 to RM 800,000[1][2][4].
- The built-up area prices vary betweenRM 422 psf and RM 584 psf, with an average price of around RM 447 psf to RM 498 psf[2][4][5].
2. Rental Prices
- Rental prices for units in Kiara Residence 2 typically range from RM 1,400 to RM 2,500 per month. Here are some specific examples:
- Units with 3+1 bedrooms and 3 bathrooms, fully furnished, can be rented for around RM 2,000 to RM 2,500 per month[3].
- Smaller units or those with fewer furnishings may be available for rent at around RM 1,700 per month[3].
3. Rental Yield
- The rental yield for Kiara Residence 2 is approximately 5.04%, indicating the annual rental income as a percentage of the property’s value[5].
4. Unit Details
- Units in Kiara Residence 2 have built-up areas ranging from 1,000 sq ft to 2,700 sq ft, with configurations of 3 to 4 bedrooms and 2 to 3 bathrooms. All units are corner units, essentially semi-Ds in the sky[2][3].
5. Market Trends
- The sales asking prices have shown some fluctuations over the quarters of 2023, ranging from RM 454.48 psf to RM 508.81 psf[5].
- The rental market in Bukit Jalil, where Kiara Residence 2 is located, has an average rental cost of RM 2,143 per month for similar properties[3].
Sources:
- [1] www.propsocial.my
- [2] www.edgeprop.my
- [3] www.propsocial.my
- [4] www.edgeprop.my
- [5] www.edgeprop.my
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