Tiara Mutiara 1 is a condominium located along Jalan Puchong, off Old Klang Road, Kuala Lumpur.

It is centrally positioned, making it accessible to both Kuala Lumpur and Petaling Jaya city centers.

This strategic location has contributed to its popularity in the market in recent years.

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1. Transaction Prices

Launch Price: The condominium units were initially launched at prices ranging from RM287,000 to RM599,000[4].
Sub-Sale Prices: Current listings show that units are being sold at prices around RM420,000 for a 852 sqft unit, which translates to approximately RM492 per square foot[3].
Past Transactions: Historical data indicates that units have been sold at prices such as RM448,000 and RM450,000 for 850 sqft units, and lower prices like RM220,000 to RM260,000 for 721 sqft units, though these might be for different types or configurations within the development[4].

2. Rental Prices

Rental Range: The rental prices for Tiara Mutiara 1 units range from RM1,200 to RM2,000, depending on the size and furnishing of the unit[5].
Average Rental: The average rental price for properties in Old Klang Road, where Tiara Mutiara 1 is located, is RM1,495[5].
Specific Listings: There are various listings with specific details:
- Fully Furnished Units: A 852 sqft unit with 3 bedrooms and 2 bathrooms is listed for RM1,800[5].
- Partially Furnished Units: A 852 sqft unit with similar configurations is listed for RM1,400[5].
- Smaller Units: A 700 sqft unit with 2 bedrooms and 2 bathrooms is listed for rent, though the price is not specified in the provided information[5].

3. Market Insights

Location: The central location of Tiara Mutiara 1, close to major cities, is a significant selling point.
Demand: The variety in rental prices and the number of listings (36 properties for rent) suggest a moderate to high demand for rental units in this area[5].
Investment Potential: With an average rental yield of 4.86% for Tiara Mutiara, it presents a relatively attractive investment opportunity compared to other properties in the area[1].

4. Market Comparison:

Neighboring Properties: Other properties in the area, such as OUG Parklane and Sutera Maya, have average transacted prices per square foot ranging from RM277 to RM475, and rental yields between 3.09% and 3.62%[1].
Market Trends: The property market in this area has seen a steady demand due to its central location, with prices and rental yields reflecting the overall market conditions.

Sources: