Merc Residence is a luxurious condominium located in the vibrant neighborhood of Taman Desa, Kuala Lumpur.

This modern development offers an exceptional living experience characterized by its stylish design, comprehensive amenities, and prime location.

Catering to a diverse range of residents, from young professionals to families, Merc Residence provides a perfect blend of comfort and convenience in one of Kuala Lumpur’s most sought-after areas.

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Features

Prime Location: Strategically situated in Taman Desa, providing easy access to major highways and public transportation options for seamless connectivity throughout Kuala Lumpur.
Diverse Unit Layouts: Offers a variety of unit types including studio, one-bedroom, two-bedroom, and three-bedroom apartments to cater to different lifestyles and preferences.
Modern Architectural Design: Features a contemporary façade complemented by beautifully landscaped gardens, creating an inviting and sophisticated living environment.
Comprehensive Amenities:
- Swimming Pool: An outdoor pool ideal for relaxation and leisure activities.
- Gymnasium: A fully equipped fitness center supporting an active lifestyle.
- Children’s Playground: A safe play area designed for family-friendly living.
- Multipurpose Hall: A versatile space for hosting events and community gatherings.
Enhanced Security: 24-hour security services ensure peace of mind for all residents.
Convenient Parking: Includes covered parking facilities for residents and designated visitor parking.
Proximity to Essential Amenities: Close to shopping malls, dining options, educational institutions, and healthcare facilities, enhancing the overall lifestyle experience.
Strong Investment Potential: Attractive rental yields and capital appreciation opportunities make it a lucrative option for investors in the Kuala Lumpur real estate market.

Sub Sale Market

1. Transaction Prices:

Median Transacted Price: The median transacted price for Merc Residence is RM 630,000[2].
Historical Transactions: Past transactions show prices ranging from RM 620,000 for a 1023 sq ft unit to RM 680,000 for a 1302 sq ft unit[1].
Market Trend: The overall residential property market in Malaysia is experiencing a slowdown, with average prices falling by 0.1% y-o-y and 1.9% q-o-q to MYR 687,370 in Q3 2023[5].

2. Rental Rates:

Rental Listings: Available rental listings at Merc Residence start from RM 2,525 for a 1023 sq ft unit[3].
Rental Yield: While specific rental yield data for Merc Residence is not provided, understanding the rental rates in relation to the transaction prices can help estimate potential yields.

3. Market Insights:

Demand: The demand for residential properties in Kuala Lumpur is weakening, with a 6.5% y-o-y decline in transactions in H1 2023[5].
Regional Variations: Despite the nationwide slowdown, certain regions like Johor are experiencing significant growth due to infrastructure developments[5].
Unsold Housing Stock: The residential overhang in Malaysia is decreasing, with condominiums/apartments accounting for 61.1% of the total overhang in Q3 2023[5].

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