The Nest Old Klang Road

  • Situated on Old Klang Road, residents enjoy easy access to major highways, public transportation, and nearby shopping, dining, and entertainment options.
  • Current Transaction Prices Typically range from RM 400,000 to RM 800,000
  • Current rental rates range from RM 1,200 to RM 3,500 per month
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The Nest Residences is a contemporary condominium development located along the vibrant Old Klang Road in Kuala Lumpur.

Combining modern architecture with lush landscaping, this luxurious residential complex offers a unique living experience characterized by convenience, comfort, and style.

With a variety of unit types and an impressive list of amenities, The Nest is designed to meet the needs of modern urban dwellers while providing a serene escape from the bustling city life.

Features:

  • Prime Location: Situated on Old Klang Road, residents enjoy easy access to major highways, public transportation, and nearby shopping, dining, and entertainment options.
  • Diverse Unit Types: The Nest offers a range of unit configurations including studio, one-bedroom, two-bedroom, and three-bedroom layouts, catering to various lifestyle preferences and family sizes.
  • Stunning Architecture: The development features a modern façade with ample glass and natural elements, ensuring each unit is filled with natural light and offers panoramic views of the city.
  • Luxurious Amenities: Residents can take advantage of a state-of-the-art gymnasium, swimming pool, children’s playground, landscaped gardens, and a multipurpose hall for events and gatherings.
  • Secure Environment: The Nest prioritizes safety with 24-hour security personnel, CCTV surveillance, and secure access control systems, providing peace of mind for residents.
  • Thoughtful Design: Units are equipped with high-quality finishes, modern kitchen appliances, built-in wardrobes, and private balconies or terraces for outdoor relaxation.
  • Investment Potential: The Nest is an attractive option for investors due to its prime location and potential for capital appreciation and rental yields in Kuala Lumpur’s competitive real estate market.
  • Community-Oriented Living: With communal spaces designed for social interaction and recreation, residents can enjoy a vibrant community atmosphere while maintaining privacy in their own homes.

The Nest Residences stands out as an ideal choice for those seeking the perfect blend of luxury, convenience, and modern living in the heart of Kuala Lumpur.

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Analysis of the Sub-Sale Market

1. Current Transaction Prices

As of the latest data, the transaction prices for The Nest Residences vary based on the unit type, size, and floor level.

For context, here are some estimated price ranges:

  • Two-Bedroom Units: The transaction prices for these units usually range from RM 400,000 to RM 600,000. They attract small families looking for functional layouts and room for growth.
  • Three-Bedroom Units: These larger units can see prices from RM 600,000 to RM 800,000. They are ideal for larger families or those desiring additional space for guests or a home office.

The appreciation in property value within the vicinity has contributed to an overall increase in transaction prices over the past few years. The demand for modern living spaces in well-connected areas continues to drive this trend.

2. Rental Rates

The rental market for The Nest Residences has also shown promising activity.

Current rental rates vary depending on the unit size and features:

  • Studio Units: Rental prices range from RM 1,200 to RM 1,800 per month. These units are typically occupied by young professionals or students due to their affordability.
  • Two-Bedroom Units: Renters can expect to pay between RM 1,800 to RM 2,500. These units attract small families or groups looking for shared accommodation.
  • Three-Bedroom Units: Monthly rental rates can range from RM 2,500 to RM 3,500 per month. Larger families or expatriates often seek these spacious options.

The rental market at The Nest is buoyed by its strategic location near major business districts and educational institutions, making it an attractive option for tenants who prioritize convenience and accessibility.

3. Market Trends

Several trends have emerged within the sub-sale market for The Nest Residences:

  • Growing Demand: The increasing demand for urban living spaces in Kuala Lumpur has led to heightened interest in The Nest. This trend is fueled by young professionals and families seeking modern amenities and convenient locations.
  • Investment Opportunities: With the potential for capital appreciation and favorable rental yields, investors are increasingly looking at The Nest as a viable option for property investment. The growing rental demand further supports this trend.
  • Shift in Buyer Preferences: There is a noticeable shift towards smaller, more manageable living spaces. Buyers are increasingly prioritizing amenities and community features over sheer size when making purchasing decisions.
  • Sustainability Focus: New developments and buyers are placing more emphasis on eco-friendly features and sustainable living practices. While The Nest integrates greenery in its design, future developments may need to focus more on sustainability to attract eco-conscious buyers.

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Last updated on: December 15, 2024

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