Vivo Residential Suites offers a luxurious living experience in the heart of Kuala Lumpur, catering to modern urban dwellers.
This contemporary condominium development combines stylish design, exceptional amenities, and a strategic location to provide residents with a vibrant lifestyle.
The property is ideal for homebuyers seeking comfort and convenience, as well as investors looking for a promising opportunity in the real estate market.
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Key Features:
- Prime Location: Situated in Old Klang Road, Vivo Residential Suites is close to major shopping centers, restaurants, and entertainment venues, including the renowned Mid Valley Megamall.
- Excellent Connectivity: Residents benefit from easy access to public transportation, with nearby LRT stations and major highways facilitating seamless commutes throughout Kuala Lumpur.
- Diverse Unit Options: The development offers a range of residential units, including studio, one-bedroom, and two-bedroom layouts, each designed with modern finishes and functionality in mind.
- Exceptional Amenities: Vivo Residential Suites features a well-equipped gymnasium, a sparkling swimming pool, a children’s playground, and a multipurpose function room, ensuring ample opportunities for recreation and relaxation.
- Rooftop Garden: The rooftop garden provides a serene space for residents to unwind while enjoying panoramic views of the city skyline.
- Eco-Friendly Design: The development incorporates sustainable features such as energy-efficient lighting and water-saving systems, promoting an environmentally conscious lifestyle.
- Strong Investment Potential: With its prime location and high demand for quality residential properties, Vivo Residential Suites presents an attractive investment opportunity with the potential for capital appreciation.
Experience modern urban living at its finest with Vivo Residential Suites, where luxury meets convenience in one of Kuala Lumpur’s most vibrant neighborhoods.
Sub Sale Market Analysis
Vivo Residential Suites, located at 9 Seputeh, Off Jalan Klang Lama, Kuala Lumpur, is a leasehold condominium that was completed in 2018.
Here is a detailed analysis of its sub-sale market, focusing on transaction prices and rental yields:
- Transaction Prices:
- Launch Price Range:Â The launch price ranged between RM729,360 and RM2,700,960, with a price per square foot (psf) of RM369 to RM1,232[2].
- Current Market Prices:
- Ad Selling Price:Â RM355,000 to RM1,679,860, with a psf range of RM369 to RM1,232[2].
- Median Transacted Price:Â RM756 per sq. ft.[5].
- Rental Market:
- Ad Rental Price:Â RM950 to RM950 per month[2].
- Rental Yield:Â The average rental yield is 2.92%[2].
- Current Rental Listings:Â There are 129 listings for rent, with prices starting from RM3,000 per month for a 1,094 sqft unit, translating to RM2.74 psf[4].
- Market Trends:
- Sales Performance:Â As of mid-2021, 90% of the units were sold[2].
- Market Activity:Â There are 183 listings for sale and 129 listings for rent, indicating active market activity[5].
Recommendation:Â For potential buyers and investors, Vivo Residential Suites offers a stable and sought-after property option in the 9 Seputeh area. The consistent transaction prices and moderate rental yields make it a viable investment opportunity. However, it is essential to consider the leasehold tenure and the overall market trends in Kuala Lumpur before making a decision.
References:
- [2]Â https://www.propsocial.my/developments/vivo-residential-9-seputeh-6112
- [4]Â https://www.propertyguru.com.my/property-for-rent/at-vivo-residential-suites-6797
- [5]Â https://www.iproperty.com.my/building/vivo-residential-suites-pty_61412/
Sources:
- [1]Â www.propsocial.my
- [2]Â www.propsocial.my
- [3]Â www.propertyguru.com.my
- [4]Â www.propertyguru.com.my
- [5]Â www.iproperty.com.my
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