OBD Garden Tower

  • Selling price range is between RM 680,000 and RM 1,300,000
  • Rental price ranges from RM 2,500 to RM 3,000 per month
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OBD Garden Tower is a modern condominium development located in the vibrant Taman Desa area of Kuala Lumpur.

Designed to offer a perfect blend of urban living and natural tranquility, this residential project caters to individuals, couples, and families seeking a comfortable and convenient lifestyle in the heart of the city.

OBD Garden Tower 1 OBD Garden Tower 2 OBD Garden Tower 3 OBD Garden Tower 4 OBD Garden Tower 5 OBD Garden Tower 6 OBD Garden Tower 7 OBD Garden Tower 8  OBD Garden Tower

Key Features

  • Prime Location: Situated in Taman Desa, the condominium is just minutes away from major shopping centers like Mid Valley Megamall and offers easy access to highways and public transportation, ensuring effortless commutes.
  • Modern Architectural Design: The tower showcases a sleek and contemporary design, featuring spacious layouts that maximize natural light and create an inviting living environment.
  • Extensive Amenities: Residents can enjoy a variety of facilities including a swimming pool, fully-equipped gym, children’s playground, central garden, and multipurpose hall for social events.
  • Quality Finishes: Each unit is thoughtfully designed with high-quality finishes and fittings, providing a luxurious feel and functionality suitable for modern lifestyles.
  • Proximity to Essential Services: The development is in close proximity to schools, healthcare facilities, supermarkets, and dining options, making everyday living convenient and fulfilling.
  • Strong Investment Potential: With its desirable location and robust rental market in Taman Desa, OBD Garden Tower presents an attractive opportunity for both homebuyers and investors looking to capitalize on Kuala Lumpur’s real estate market.

OBD Garden Tower 9

Sub Sale Market Analysis

1. Transaction

  • Median Transacted Price: The median transacted price for OBD Garden Tower is RM 755,000[2].
  • Price Range: The selling price range for OBD Garden Tower is between RM 680,000 and RM 1,300,000, with a price per square foot (psf) ranging from RM 484 to RM 750[1].
  • Comparative Analysis: When compared to other properties in the area, OBD Garden Tower offers competitive pricing. For example, Vivo Residential @ 9 Seputeh has a price range of RM 355,000 to RM 1,679,860 (RM 369 psf to RM 1,232 psf), and Desa Eight ranges from RM 2,600,000 to RM 5,380,000 (RM 673 psf to RM 733 psf)[1].

2. Rental Prices

  • Rental Range: The rental price for OBD Garden Tower ranges from RM 2,500 to RM 3,000 per month[1].
  • Rental Yield: The average rental yield for OBD Garden Tower is 3.15%[1].
  • Comparative Rental Analysis: Other properties in the area have varying rental yields. For instance, Vivo Residential @ 9 Seputeh has a rental yield of 2.92%, and Desa Eight has a yield of 1.38%[1].

3. Market Insights

  • Property Size and Price: The property sizes in OBD Garden Tower vary, but the price per square foot generally increases with larger units. For example, units between 1,500 to 2,500 square feet have a higher price per square foot (RM 576 psf) compared to smaller units (RM 428 psf for 500-1,000 square feet)[1].
  • Market Trends: The property market in Taman Desa shows a mix of old and new developments. OBD Garden Tower, completed in 1993, offers a relatively lower price point compared to newer projects like Vivo Residential @ 9 Seputeh and Desa Eight[1].

Sources:

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Last updated on: December 12, 2024

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