The Legacy OUG Condominium

Rental listings for The Legacy OUG start from RM3150 for a 1135-sq ft unit

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The Legacy OUG condominium, located in Taman OUG, Kuala Lumpur, offers a range of units with varying sizes and amenities.

Sub Sale Market Analysis

Here’s a detailed analysis of the sub-sale market and rental prices based on available data:

  • Unit Sizes and Prices:
    • The condominium features 6 floor plans with sizes ranging from 1050sf to 2230sf[1].
    • The SPA price starts from around RM700k, with Block A being slightly pricier due to its KLCC-facing orientation[1].
    • The early bird rebate was applicable only to Block B, bringing the price down to roughly RM600 psf after the rebate[1].
  • Rental Prices:
    • Rental listings for The Legacy OUG start from RM3150 for a 1135-sq ft unit[5].
    • The rental market in the area is active, with various options available for different budgets and preferences.
  • Market Analysis:
    • The project is noted for its freehold status, residential title, low density, and layouts suitable for large families[1].
    • The development includes EV-ready car parks, a facility floor with a gym, multipurpose hall, and KTV room, among other amenities[1].
    • The maintenance fee is RM0.35/sf, and the completion period was around Q3-Q4 2023[1].
  • Comparison with Nearby Projects:
    • The Legacy OUG is relatively cheaper per square foot compared to new projects nearby, partly due to its location near HTC and the developer’s long-held land, which reduces land costs[1].
    • The project’s discreet marketing strategy and the developer’s confidence in not engaging external agents suggest a strong belief in the project’s value proposition[1].

Key Points:

  • Unit Sizes: 1050sf to 2230sf
  • SPA Price: Starts from around RM700k
  • Rental Prices: Start from RM3150 for a 1135-sq ft unit
  • Amenities: EV-ready car parks, gym, multipurpose hall, KTV room, etc.
  • Maintenance Fee: RM0.35/sf
  • Completion Period: Q3-Q4 2023

Overall, The Legacy OUG offers a mix of spacious units, modern amenities, and a strategic location, making it a competitive option in the sub-sale and rental markets in Taman OUG.

Sources:

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Comparative Analysis of Nearby Properties

1. The Legacy OUG Condominium

  • Location: Jalan Klang Lama, Kuala Lumpur
  • Unit Sizes: Ranging from 1050 sf to 2230 sf
  • Price Range: Starts from approximately RM700,000
  • Rental Prices: Starting from RM3,150 for a 1135-sq ft unit
  • Amenities: Swimming pool, gymnasium, landscaped gardens, multipurpose hall, children’s playground, and 24-hour security.
  • Completion Date: Q3-Q4 2023

2. The Scott Garden

  • Location: Jalan Klang Lama, Kuala Lumpur
  • Unit Sizes: Typically ranges from 800 sf to 1600 sf
  • Price Range: Approximately RM500,000 to RM1,200,000 depending on size and floor level.
  • Rental Prices: Ranging from RM2,000 to RM4,000 based on the unit size and furnishing.
  • Amenities: Offers a swimming pool, gym, retail shops within the development, food court, and 24-hour security.
  • Target Market: Popular among young professionals and expatriates due to its vibrant lifestyle offerings.

3. Kuchai Avenue

  • Location: Kuchai Lama, Kuala Lumpur
  • Unit Sizes: Sizes range from 900 sf to 1300 sf
  • Price Range: Approximately RM450,000 to RM900,000
  • Rental Prices: Typically between RM2,000 to RM3,500 depending on the unit.
  • Amenities: Features include a swimming pool, gymnasium, landscaped areas, and a commercial component with shops and restaurants.
  • Unique Selling Point: Known for being a mixed-use development with easy access to commercial and dining options.

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Last updated on: December 24, 2024

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