Taman Gembira is a vibrant residential neighborhood located along the bustling Old Klang Road in Kuala Lumpur.

Known for its diverse community and modern amenities, Taman Gembira offers a blend of comfort, accessibility, and a welcoming atmosphere.

With a variety of housing options and a lively commercial scene, it is an ideal place for families, young professionals, and retirees.

Features

Diverse Residential Options: Taman Gembira provides a range of housing types, including landed properties such as bungalows, semi-detached homes, and terrace houses, as well as modern condominiums. This variety caters to different preferences and budgets.
Strategic Location: Situated along Old Klang Road, Taman Gembira boasts excellent connectivity to major highways and public transportation, making it easy for residents to commute to various parts of Kuala Lumpur and beyond.
Comprehensive Amenities: The neighborhood is well-equipped with essential amenities, including schools, healthcare facilities, shopping centers, parks, and recreational spaces, ensuring residents have everything they need within reach.
Vibrant Community Atmosphere: Taman Gembira fosters a strong sense of community. Residents often engage in various social events and activities that promote neighborly interactions and a friendly environment.
Thriving Commercial Scene: The area features a lively commercial district with a range of shops, restaurants, cafes, and local markets, providing residents with convenient access to goods and services.
Safety and Security: The neighborhood is known for its safety, with many residential developments offering security features such as gated access and 24-hour surveillance, giving residents peace of mind.
Investment Potential: Taman Gembira’s ongoing development projects and growing demand for properties in the area present significant investment opportunities for both homebuyers and investors looking to capitalize on the real estate market.

Taman Gembira is not just a place to live; it is a community that offers a balanced lifestyle with all the conveniences of urban living while maintaining a warm neighborhood feel.

Sub-Sale Market Analysis

1. Current Transaction Prices

The transaction prices for properties in Taman Gembira vary widely based on several factors such as property type, size, and condition.

Generally, the following price ranges can be observed:

Landed Properties:
- Single-storey terrace houses typically range from RM 700,000 to RM 1,200,000. The price is influenced by the property’s age, renovations, and proximity to amenities.
- Semi-detached homes can command prices between RM 1,200,000 to RM 2,500,000, with newer developments or well-maintained units often achieving higher prices.
Condominiums:
- The price range for condominiums in Taman Gembira generally falls between RM 500,000 to RM 1,500,000. Popular projects like Gembira Residen can see higher prices depending on the unit size and floor level.
- Larger units with additional features such as better views or premium finishes may reach upwards of RM 1,800,000.

2. Rental Market Insights

The rental market in Taman Gembira is robust, catering to a mix of expatriates, young professionals, and families.

The following rental rates are typical for the area:

Landed Properties:
- Single-storey terrace houses can be rented for approximately RM 1,800 to RM 3,000 per month, depending on the property’s condition and location within Taman Gembira.
- Semi-detached homes usually command rental rates ranging from RM 3,000 to RM 5,500 per month.
Condominiums:
- Rental prices for condominiums often range from RM 1,500 to RM 3,500 per month. Factors such as unit size, amenities, and view can significantly impact these rates.
- High-demand projects with extensive facilities may see rental prices exceeding RM 4,000.

3. Trends and Observations

Market Demand: The demand for sub-sale properties in Taman Gembira has remained consistent due to its strategic location and accessibility to key areas in Kuala Lumpur. This neighborhood continues to attract a diverse demographic, including families seeking quality housing and investors looking for rental returns.
Investment Potential: With the ongoing development projects in the vicinity and infrastructural improvements in Kuala Lumpur, Taman Gembira presents a promising outlook for property appreciation. Investors are likely to benefit from both capital gains and rental income.
Competitive Pricing: While prices have seen incremental increases over the years due to demand, Taman Gembira remains relatively affordable compared to other prime areas in Kuala Lumpur. This affordability factor continues to attract first-time homebuyers and young professionals.
Rental Yield: The rental yields in Taman Gembira are generally favorable. With average rental rates providing solid returns on investment compared to the purchase prices, landlords can expect healthy yields.