Residensi Gembira 737 is a contemporary residential development located in the vibrant Taman Gembira neighborhood of Kuala Lumpur.

Designed to offer a harmonious blend of comfort, convenience, and community, this development is ideal for families, young professionals, and investors alike.

With its strategic location, modern amenities, and thoughtful design, Residensi Gembira 737 represents an attractive living option in one of the city’s most sought-after areas.

Features

Prime Location: Easily accessible via major highways and public transportation, providing convenient connectivity to various parts of Kuala Lumpur.
Diverse Residential Units: Offers a range of living options from spacious 3-bedroom units to penthouse, designed for maximum comfort and functionality.
Comprehensive Amenities: Includes recreational facilities such as a swimming pool, gymnasium, children’s playground, landscaped gardens, and community spaces for social interaction.
Security and Safety: Equipped with 24-hour security, CCTV surveillance, and controlled access points to ensure the safety and peace of mind for residents.
Proximity to Essentials: Close to shopping malls, restaurants, educational institutions, and healthcare facilities, catering to all daily needs.
Investment Potential: Promising opportunity for capital appreciation and rental income due to its desirable location and growing demand in the real estate market.

Sub-Sale Market Analysis

1. Transaction Prices

The transaction prices for units in Residensi Gembira 737 can vary based on factors such as unit size, floor level, and other amenities.

Recent data suggests that the average transaction price for a standard unit in this development ranges from approximately RM 400,000 to RM 600,000. Larger units, particularly those with three bedrooms or premium views, may command higher prices, potentially reaching up to RM 750,000 or more.

Factors influencing these transaction prices include:

Location: Proximity to key amenities and transport links affects desirability and pricing.
Unit Condition: Renovations or upgrades can significantly enhance a unit’s selling price.
Market Trends: Broader market trends, such as supply and demand dynamics in Kuala Lumpur, influence pricing.

2. Rental Prices

The rental market for Residensi Gembira 737 also shows promising potential, driven by the demand for quality living spaces in the area.

The average rental price for units within this development typically ranges from RM 1,500 to RM 2,500 per month, depending on the unit size and features.

Key factors affecting rental prices include:

Amenities: Access to facilities such as swimming pools, gyms, and community spaces can justify higher rental rates.
Market Demand: The influx of young professionals and families looking for convenient living arrangements impacts rental pricing.
Duration of Lease: Longer leases may come with slightly lower monthly rates as landlords seek stable tenants.

3. Comparative Analysis

To provide a clearer picture of the sub-sale market for Residensi Gembira 737, a comparative analysis with similar residential developments in the Taman Gembira area is essential.

Here’s how Residensi Gembira 737 stacks up against comparable properties:

Development A – Taman Gembira Residence
- Transaction Price: Average RM 450,000
- Rental Price: Average RM 1,800/month
- Features: Similar amenities but slightly older design.
Development B – Kuchai Avenue
- Transaction Price: Average RM 480,000
- Rental Price: Average RM 2,000/month
- Features: Offers more extensive retail options nearby but fewer recreational facilities.
Development C – Solaris Dutamas
- Transaction Price: Average RM 550,000
- Rental Price: Average RM 2,200/month
- Features: Higher-end finishes and more luxurious amenities but also higher entry costs.