Verve Suites Old Klang Road

Verve Suites Old Klang Road is a modern residential development located in the heart of Kuala Lumpur, Malaysia.

Designed for contemporary living, this condominium complex offers a blend of comfort, luxury, and convenience, making it an ideal choice for both families and professionals alike.

Key Features:

• Prime Location: Situated along Old Klang Road, Verve Suites is just 1 kilometer from Mid Valley Megamall and close to major highways, providing easy access to shopping, dining, and entertainment.
• Diverse Residential Options: The development offers a range of unit types, including studio, one-bedroom, two-bedroom, and three-bedroom apartments, catering to various lifestyle needs and preferences.
• Modern Amenities: Each unit is thoughtfully designed with high-quality finishes, spacious layouts, and modern amenities such as fully-equipped kitchens and en-suite bathrooms.
• Recreational Facilities: Residents enjoy access to a range of facilities, including an infinity pool, gym, children’s pool, jacuzzi, BBQ area, and landscaped gardens for relaxation and leisure.
• Community-Focused Living: The development promotes a vibrant community atmosphere with communal spaces designed for social interaction, including lounge areas and event spaces.
• 24-Hour Security: Verve Suites offers a secure living environment with round-the-clock security services and surveillance to ensure peace of mind for residents.
• Convenient Lifestyle Amenities: On-site amenities include ample parking facilities and a dedicated concierge service, enhancing the overall living experience.
• Strong Investment Potential: With its strategic location and modern offerings, Verve Suites presents an attractive opportunity for investment and rental prospects in the growing Kuala Lumpur property market.

Verve Suites Old Klang Road stands out as a premier choice for those looking for a sophisticated urban lifestyle combined with the comforts of home.

Whether for personal living or as an investment opportunity, it embodies contemporary living at its finest.

Analysis of the Sub-Sale Market

1. Transaction Prices

In the sub-sale market, the transaction prices for units at Verve Suites Old Klang Road vary depending on factors such as unit size, floor level, and specific features.

Generally, the price range for sub-sale units falls between MYR 450,000 to MYR 1.2 million.

• Studio Units: Typically priced from MYR 450,000 to MYR 650,000, these units appeal to young professionals and couples looking for a cozy yet modern living space.
• One-Bedroom Units: The price range for one-bedroom apartments generally lies between MYR 600,000 to MYR 800,000. These units are popular among single professionals and expatriates due to their convenient size and location.
• Two-Bedroom Units: Transaction prices for two-bedroom apartments range from MYR 800,000 to MYR 1 million. Families or couples seeking additional space often find these units appealing.
• Three-Bedroom Units: Larger three-bedroom units can command prices from MYR 1 million to MYR 1.2 million, attracting families looking for a more spacious living environment.

2. Rental Rates

The rental market for Verve Suites Old Klang Road is equally promising, with competitive rates that reflect the demand for quality living spaces in this prime location.

The rental prices are influenced by unit size and the overall amenities offered.

• Studio Units: Monthly rental rates for studio apartments typically range from MYR 1,500 to MYR 2,000. These units are ideal for young professionals seeking affordability without sacrificing quality.
• One-Bedroom Units: One-bedroom rentals average between MYR 2,000 and MYR 2,800 per month. The attractive location and modern facilities make these units appealing to both locals and expatriates.
• Two-Bedroom Units: The rental rates for two-bedroom apartments generally range from MYR 2,800 to MYR 3,500 monthly. Families or roommates sharing living expenses often opt for this configuration.
• Three-Bedroom Units: Larger three-bedroom units can command rental prices from MYR 3,500 to MYR 4,500 per month. These units cater to families seeking spacious accommodations in a desirable area.

3. Market Trends

Several key trends are shaping the sub-sale market at Verve Suites Old Klang Road:

• Strong Demand: The combination of a prime location and modern amenities has led to a sustained interest in sub-sale units, with demand remaining steady despite fluctuations in the broader real estate market.
• Investment Appeal: Many investors are drawn to Verve Suites due to its potential for capital appreciation and rental income. The ongoing development of surrounding infrastructure and commercial hubs enhances its attractiveness as a long-term investment.
• Short-term Rentals: With the rise of platforms like Airbnb, some unit owners are exploring short-term rental opportunities, which can yield higher returns compared to traditional leasing methods.
• Target Demographics: The diverse range of unit types appeals to various demographics, including young professionals, families, and expatriates, contributing to a vibrant community within the development.