Taman Overseas Union Garden

Overseas Union Garden (OUG) is a well-established residential community located along the vibrant Old Klang Road in Kuala Lumpur.

Known for its diverse and thriving community, OUG offers a unique blend of urban convenience and suburban charm. This neighborhood has evolved over the years to become a sought-after destination for families, young professionals, and expatriates alike.

With a rich history, a plethora of amenities, and excellent connectivity, Overseas Union Garden stands out as an ideal location for both living and investing.

Sub-Sale Market Analysis

1. Average Transaction Price

The average transaction price for properties in Overseas Union Garden varies depending on the type of property and its specific location within the neighborhood.

As of the latest data available:

• 2-Storey Terraced Houses: The average transaction price for 2-storey terraced houses in OUG is approximately RM 900,000 to RM 1,200,000. Factors influencing these prices include property size, condition, and proximity to amenities.
• Single-Storey Terraced Houses: These properties generally range from RM 600,000 to RM 800,000.
• Condos and Apartments: The average price for condominiums and apartments in OUG is around RM 400,000 to RM 700,000, depending on the age of the building and the facilities offered.

2. Average Rental Price

The rental market in Overseas Union Garden reflects stability, with prices remaining relatively consistent over recent years.

The average rental prices are as follows:

• 2-Storey Terraced Houses: The rental rates for these properties typically range from RM 2,200 to RM 3,500 per month. The exact amount can vary based on factors like property condition and amenities.
• Single-Storey Terraced Houses: These properties usually command rental prices between RM 1,500 to RM 2,500.
• Condos and Apartments: Average rental prices for condominiums and apartments in OUG range from RM 1,200 to RM 2,200, depending on the property’s size and facilities.

Comparative Analysis of Nearby Properties

1. Taman Yarl

Overview: Taman Yarl is located just a stone’s throw away from OUG and shares many characteristics with the neighborhood. It features a mix of landed homes and low-rise apartments, making it attractive to families and young professionals.

Transaction Prices:

• The average price for 2-storey terraced houses in Taman Yarl typically ranges from RM 800,000 to RM 1,200,000, depending on the size and condition of the property.

Rental Prices:

• Rental rates for properties in Taman Yarl generally range from RM 1,500 to RM 3,000 per month, depending on the type of property and its proximity to amenities.

Amenities:

• Taman Yarl offers several schools, parks, and shopping options. The area is well-connected to major roads and public transportation, ensuring easy access to Kuala Lumpur’s city center.

2. Taman Sri Petaling

Overview: Taman Sri Petaling is another nearby neighborhood known for its residential developments and vibrant community. The area features a mix of condominiums and landed properties, providing a diverse range of housing options.

Transaction Prices:

• Average transaction prices for properties in Taman Sri Petaling range from RM 700,000 to RM 1,500,000, with condominiums generally priced lower than landed homes.

Rental Prices:

• Rental prices in Taman Sri Petaling typically fall between RM 1,800 and RM 3,500 per month, depending on the property’s size and amenities.

Amenities:

• The neighborhood boasts excellent amenities, including shopping malls, schools, healthcare centers, and recreational parks. Its proximity to the Sri Petaling LRT station enhances connectivity to other parts of Kuala Lumpur.

3. Kuchai Lama

Overview: Kuchai Lama is known for its thriving commercial scene and residential offerings. The area has seen significant development over the years, making it a popular choice for both investors and residents.

Transaction Prices:

• The average price for properties in Kuchai Lama typically ranges from RM 600,000 to RM 1,300,000, with prices varying based on property type and location.

Rental Prices:

• Rental rates in Kuchai Lama generally range from RM 1,500 to RM 3,200 per month. The commercial properties also provide opportunities for business ventures.

Amenities:

• Kuchai Lama features a wide array of amenities, including shopping complexes, restaurants, schools, and recreational facilities. The area is well-connected via major highways and public transport options.

Summary of Comparative Analysis