Residensi Far East, located in Kuchai Lama, Kuala Lumpur, is a leasehold serviced residence developed by Far East Kuchai Development.

The project consists of 226 units distributed across two blocks with 36 storeys, offering three built-up sizes: Type A (657 sqft), Type B (864 sqft), and Type C (1107 sqft).

Features

Prime Location: Situated in Kuchai Lama, with easy access to major highways and public transportation, ensuring seamless connectivity to Kuala Lumpur’s city center and beyond.
Diverse Unit Options: Offers a variety of unit types, including studio, one-bedroom, and two-bedroom layouts, designed for optimal space and functionality.
Resort-Style Amenities: Features a well-equipped gymnasium, swimming pool, children’s playground, landscaped gardens, and multipurpose hall for social gatherings.
Modern Design: Meticulously crafted architecture that combines contemporary aesthetics with timeless elegance, ensuring a stylish living environment.
Security and Privacy: Equipped with 24-hour security surveillance and gated access to provide peace of mind for residents.
Sustainability Focus: Incorporates energy-efficient design elements and green spaces, promoting an eco-friendly lifestyle while enhancing the living experience.
Investment Potential: Strong demand for rental properties in the area makes it an attractive opportunity for investors seeking good rental yields.

Subsale Market Analysis

1. Transaction Prices

Current Subsale Prices:
- According to recent data, units at Residensi Far East have been observed in the subsale market with prices ranging approximately from RM 400,000 to RM 800,000 depending on the size and specifications of the unit.
- For example, a one-bedroom unit measuring around 657 sqft may be priced around RM 400,000, while larger two-bedroom units (around 864 sqft) can be listed closer to RM 600,000 or higher[1][2].
Price Per Square Foot (PSF):
- The price per square foot for Residensi Far East generally falls between RM 600 to RM 900, which reflects the quality of the development and its amenities. More competitive pricing is seen in smaller units as opposed to larger configurations[3].
Market Trends:
- The overall trend in the subsale market for Residensi Far East indicates a steady interest from both homebuyers and investors. The pricing appears stable with slight fluctuations based on market demand and supply dynamics.

2. Rental Rates

Current Rental Prices:
- For rental properties within Residensi Far East, the prices range from RM 1,800 to RM 3,200 per month. The variation often depends on unit size, floor level, and furnishing status[4][5].
- A typical one-bedroom unit may command a rental rate around RM 1,800 to RM 2,200 per month, while larger two-bedroom units can rent for anywhere between RM 2,500 and RM 3,200[6].
Rental Yield:
- The potential rental yield for units in this development can be estimated at around 4% to 6%, depending on factors such as purchase price and rental income. This yield is competitive compared to other similar properties in the Kuchai Lama area[4].

3. Market Demand and Appeal

Location Advantages:
- Residensi Far East’s prime location near major highways and public transport systems, including the Kuchai Lama MRT station, significantly enhances its appeal among renters and buyers who prioritize convenience[7].
Amenities:
- The development features modern amenities including a swimming pool, gymnasium, landscaped gardens, and community spaces that attract a diverse demographic ranging from young professionals to families[5].
Investment Potential:
- Given the ongoing urban development in Kuchai Lama and the growing demand for rental properties, investing in Residensi Far East presents a promising opportunity for capital appreciation in the long term.