The Residence 1, Tiara South

The Residence 1 is a freehold condominium that is located in Tiara South, Bandar Rinching. There are 266 units available at this condominium with built-up from 830 sf to 919 sf. It was developed by Kueen Lai Properties Sdn Bhd with a launch price at about RM320 psf, and was completed in about 2017.

Kueen Lai Properties Sdn Bhd is a privately held medium-scale property development company, and it has built about 10 property projects in Malaysia. Other similar projects by the same developer are The Residence 1, The Residence 2 and Tiara Parkhomes.

Property Type
Condominium
Land Tenure
Freehold
Built-up
830 sf - 919 sf
Market Price
RM260,000 - RM280,000
Total Units
266 Units
Completion Date
2017
Launch Price
About RM320 psf

The only amenities nearby this condominium are some schools.

The current rental yield of The Residence 1 is around 3.46%, compared to 2.36% 3 years ago in Q2 2020. The highest rental yield ever recorded was 3.52% in Q2 2023; while the lowest one was 2.23% in Q1 2020. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size (built-up) combination at The Residence 1 is 3-bedroom / 830 sf with a median price of RM310 psf. For price wise, the most expensive one is 3-bedroom / 845 sf with a median price of RM310 psf; while the cheapest one is 3-bedroom / 919 sf with a median price of RM300 psf.

Latest The Residence 1 sale listings:

DateProperty TypeBuilt-upPrice
TodayCondominium845 sfRM225,000
22 Feb 2024Low-Cost Flat845 sfRM200,000
17 Feb 2024Terrace2,756 sfRM648,000
21 Feb 2024Low-Cost Flat845 sfRM190,000
21 Feb 2024Low-Cost Flat960 sfRM290,000
21 Feb 2024Low-Cost Flat845 sfRM200,000
13 Feb 2024Low-Cost Flat845 sfRM200,000
22 Jan 2024Apartment845 sfRM200,000
26 Dec 2023Low-Cost Flat845 sfRM210,000
23 Dec 2023Low-Cost Flat845 sfRM210,000

Latest The Residence 1 rental listings:

DateProperty TypeBuilt-upRental
5 Feb 2024Low-Cost Flat845 sfRM800
26 Jan 2024Medium Room-NA-RM400
22 Dec 2023Low-Cost Flat845 sfRM750
30 Oct 2023Low-Cost Flat845 sfRM800
26 Oct 2023Low-Cost Flat850 sfRM1,100
20 Oct 2023Condominium845 sfRM800
23 Aug 2023Low-Cost Flat900 sfRM830
9 Aug 2023Low-Cost Flat919 sfRM750
18 Jul 2023Low-Cost Flat830 sfRM750
17 Jul 2023Low-Cost Flat825 sfRM1,300
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