yeap kr2 look more high end n newly vp can bargain more also Zr occupancy i mean..

1.5k is indeed vry low even with lrt open now..

Ohh occupancy. I think should be around 60% but not more than 70%. But now, any new condo also need at least 2 years to fill it up. Somemore ZR more than 1k units and now another similar range of KR2 come out to the market.

The RM 1.5k I quoted was last year figure since KR1 VP. Should be havoring around that bcz that time the new LrT road not yet opened and ZR also plenty of unita for rent. I very surprised it can rent out so many units bcz without the new LRT road, it is so inconvenience.

60+% is good also given density n sheer number of units in the area...720 more units joining the market soon.. u thinkbrentail will increase or maintain constant with lrt open now yet thousands more coming up..short term i mean

Hmm IMO, the opening of the new road is the key issue to enhance the nighbourhood numbers, that is much more importance compare to LRT, I am a bit sketical about benefits of near LRT although KR2 seems to be one of the nearest walking distance to a LRT station.

Thats already contradict to another 720 units flow to current supply we are having in that area now. But this location is mass market area compare to higher end of KM 1 West, The Treez, or Twin Arkz where LRT may helps a bit.

A lot of taikors or senior investors are believing LRT is one of the main component to enhance the rental game. I agree but no longer believing bcz plenty of condos are near to LRT now.

In the meanwhile of current market, I dont think the market rental is increasing but remains stagnant, at most increase RM 100 per mth, unless justify by number of own stay pplz. In such market, I would see some fire sales or fire rental available. We saw it via ZR, I think it would be applicable to KR2 also.

Anyone renting their car park out? 1 unit needed

Any Kiara 1 owner wants to sell , pls PM me ya.
Tq.

Chris Chew Boss,

It most probably due to stiff competition from too many supplies in the area where KR1, KR2, Bukit OUG, ZR and some existing condos.......

It takes time to fully absorb the market...........

Mind to name a few of condo which are walking distance to LRT do not doing well in rental?! (Except for this area)

Keneeth boss,

Definitely and thats part of my comment too.

With KR2 VPing still, some units already on market to let n notice some tenants able to secure some good deals of non furnished but owners just added lightings, etc just to close the deal quickly.

The new LRT only running 1 nonth, I think it still too early to comment which condo with walking distance do not do well in rental. Not very sure of existing condos with walking sistance to old LRTs though.

Hi, i am looking for a partial/fully furnished unit to rent at kiara residence for a short term period of 2 to 3 months. Any interested owner, pls WhatsApp me at 60123590635. Serious tenant here.

This post has been edited by Ken101: Jan 22 2016, 11:58 PM

there's an oversupply of condo there so rental rate will be poor.

with km1, km2, twin ark, skyluxe, it will get worse .

in terms of location, kiara residence is better than list above.

Is there any foodcourt/mamak/restaurant around the area ?

goto esplanade or the link

There is one Nathan corner Indian (maybe its mamak) shop in Bukit OUG. Also there are other restaurant as well. Within walking distance.

You stay in that area ?

Was planing to rent a room in kiara residence 1/kiara residence 2.

So far I have never been blocked from accessing Bukit OUG. So if you stay in KR1/2, going in Bukit OUG for common folk dinning is practical.

How's the occupancy atm? Planning to rent a unit here while ... what's the current rate like?

Interested to buy a unit for investment. Prefer size around 1000+ 3rooms unit. Pm me

go iproperty la

https://forum.lowyat.net/index.php?showtopic=4104210&hl=

any owner mind sharing how the rating of this condo? plan to buy one at subsales