The Riyang Happy Garden is a luxurious residential condominium located in the vibrant Kuchai Lama area of Kuala Lumpur.

This modern development combines contemporary architectural design with lush landscaping, creating a serene living environment that caters to the needs of urban dwellers.

With easy access to major highways, public transportation, and a plethora of amenities, The Riyang offers residents an exceptional lifestyle characterized by comfort, convenience, and community.

Features

Prime Location: Nestled in Kuchai Lama, The Riyang is strategically located near major highways and public transport options, ensuring easy connectivity to Kuala Lumpur and surrounding areas.
Spacious Unit Layouts: The condominium units feature thoughtfully designed floor plans that maximize space and comfort, equipped with high-quality finishes and fixtures.
Comprehensive Amenities: Residents enjoy a wide range of amenities, including an infinity-edge swimming pool, fully-equipped gymnasium, yoga deck, children’s playground, barbecue area, and more.
Lush Landscaping: The beautifully landscaped grounds include tranquil water features and green spaces, providing a peaceful retreat for residents to relax and unwind.
Security and Safety: The Riyang prioritizes resident safety with 24-hour security personnel, CCTV surveillance, and controlled access points throughout the property.
Community Engagement: The development fosters a sense of community through organized recreational activities and social events that encourage interaction among residents.
Sustainable Living: With eco-friendly initiatives in place, The Riyang promotes sustainable living through energy-efficient designs and water conservation measures.
Investment Potential: The property offers strong appreciation potential and high rental demand due to its desirable location and luxurious living experience, making it an attractive option for investors.

Analysis of the Sub-Sale Market

1. Transaction Prices

The transaction prices for units in The Riyang Happy Garden have shown a steady trend, reflecting the demand for quality residential properties in the area.

Based on recent data:

Average Transaction Price: Units at The Riyang typically range from RM 990,000 to RM 1,540,000 depending on the size and layout. The average price per square foot (psf) hovers around RM 600 to RM 800.
Price Trends: Over the past year, there has been a noticeable increase in transaction prices, with some units experiencing appreciation of approximately 5% to 10%. This upward trend can be attributed to the development’s increasing popularity and the overall growth of the Kuchai Lama area.
Recent Transactions: In the last six months, several units were sold within the range of RM 990,000 to RM 1,150,000 based on their sizes and conditions. Larger units with premium views or finishes tend to command higher prices.

2. Rental Prices

The rental market for The Riyang Happy Garden has also demonstrated growth, making it an attractive option for investors seeking rental income.

Average Rental Price: The rental prices for units at The Riyang vary based on size and layout but generally fall within the range of RM 2,000 to RM 3,500 per month. Typically, smaller units (around 1,477 sq ft) can be rented for RM 2,000 to RM 2,800, while larger units (1,873 sq ft and above) may fetch RM 3,000 to RM 3,500.
Rental Yield: The rental yield for The Riyang is estimated to be between 4% to 6%, depending on the purchase price and rental amounts. This yield is appealing compared to other residential properties in Kuala Lumpur.
Demand for Rentals: The demand for rental units in The Riyang is strong due to its proximity to commercial hubs and educational institutions. This demand is expected to remain robust as more individuals seek quality living environments close to their workplaces or schools.

3. Comparative Analysis

When analyzing The Riyang Happy Garden’s sub-sale market in comparison to other similar developments in Kuchai Lama and surrounding areas, several key factors emerge:

Market Positioning: The Riyang positions itself as a mid-to-high-end residential development with premium amenities. Compared to other condominiums in the area, such as Kuchai Avenue and The Glades, The Riyang generally commands higher transaction and rental prices due to its superior design and comprehensive amenities.
Amenities Comparison: While several nearby developments offer similar amenities like swimming pools and gyms, The Riyang’s focus on lush landscaping and community engagement sets it apart. This added value contributes to its higher price point.
Transaction Price Comparison: When compared to comparable properties in Kuchai Lama:
- Kuchai Avenue: Units typically transact between RM 450,000 and RM 800,000.
- The Glades: Units range from RM 550,000 to RM 950,000.
- The Riyang Happy Garden: Commands prices starting from RM 500,000 and can go up to RM 1,200,000.
Rental Price Comparison: In terms of rental income:
- Kuchai Avenue: Average rentals are between RM 1,800 and RM 2,400.
- The Glades: Rentals range from RM 2,200 to RM 3,000.
- The Riyang Happy Garden: With an average rental of RM 2,000 to RM 3,500, it remains competitive while offering superior living conditions.