Desa Green, Taman Desa

  • Caitlyn
  • 14 January 2021

Located in a prime residential enclave in Taman Desa, Desa Green is a freehold project by UOA Group. This serviced apartment is at Jalan Desa Bakti, Off Taman Desa, Kuala Lumpur, which offers high accessibility and modern living among a natural landscape.

Sitting on a 3-acre site, Desa Green is a high-density serviced apartment. It is just minutes away from major shopping centres, and learning and health institutions. In addition, residents can enjoy various facilities within the gated environment, with 24-hour security and card access system.

Taman Desa is an established neighbourhood with amenities such as schools, medical centre, grocery shops and restaurants. Its location is one of the factors that makes this place popular among owner-occupiers as the area has easy access to major roads and highways that connect to Petaling Jaya, the Kuala Lumpur city centre, and Puchong.

desagreen-mainimage

Plus, Bandar Malaysia is close to the established neighbourhood of Taman Desa (towards the east and separated by East-West Link Expressway). However, there isn’t a direct access to Bandar Malaysia.

Desa Green is near the East-West Link Expressway, and it is about 8.5km from the Kuala Lumpur city centre via the SMART Tunnel. Desa Green was launched in the fourth quarter of 2012 at a minimum selling price of RM335,000 after rebates.

Within the accompaniment of nature and complimenting conveniences just a stone’s throw away, Desa Green is ideal for both families to come together and also for investment purposes.

Address: Jalan Desa Bakti, Off Taman Desa, Kuala Lumpur, 58100 Kuala Lumpur

Property Type: Serviced Apartment

Land Title: Residential

Total Units: 1,388

  • Tower 1 (486 units)
  • Tower 2 (451 units)
  • Tower 3 (451 units)

Tenure: Freehold

Sales Gallery: Suite G-1, Vertical Corporate Tower B, Avenue 10, The Vertical, Bangsar South City, No. 8, Jalan Kerinchi, 59200 Kuala Lumpur

Year of Completion: 2016

Built-up Area: 578 sq ft – 945 sq ft

Facilities:

  • Children’s playground
  • Wading pool
  • Gymnasium
  • Deck area
  • Lap pool
  • Multi-purpose hall
  • Drop-off piazza
  • Changing room
  • Sauna

Launch Price: From RM450,000

Maintenance Fee: RM0.25 psf

Project Details

Desa Green is a high-rise, high-density freehold development consisting of 3 blocks. There are a total of 1,388 units in the development, with built-up sizes ranging from 578 sq ft to 945 sq ft.

Tower 1 has 486 units, Tower 2 with 451 units, and Tower 3 with a total of 451 units. Some units will have either a city or lake view.

desagreen-3

Desa Green provides facilities such as a wading pool, a lap pool, a swimming pool, children’s playground, and gymnasium, among others.

Unit Types

Built-Up

Launch Price

Type A

·         Block 1 & 2

·         578 sq ft

·         Studio

 

 

 

 

 

 

 

From RM450,000

Type A1

·         Block 3

·         604 sq ft

·         2 bedrooms

·         1 bathroom

Type B

·         Block 1, 2 & 3

·         719 sq ft

·         2 bedrooms

·         2 bathrooms

Type C

·         Block 1, 2 & 3

·         935 sq ft

·         3 bedrooms

·         2 bathrooms

·         Yard

Type D

·         Block 1, 2 & 3

·         945 sq ft

·         3 bedrooms

·         2 bathrooms

·         Yard

Type E

·         Block 1 & 2

·         935 sq ft

·         3 bedrooms

·         2 bathrooms

·         Yard

Show More

Location

Desa Green was developed strategically, keeping in mind the importance of accessibility of the location. The residents do not have to worry about moving to and from the location even if they do not have their own vehicles.

The development is easily accessible via Kuala Lumpur KTM Station, KL Sentral KTM Station, Mid Valley KTM Station, and Seputeh KTM Station. Other than its strategic location, the area is surrounded with numerous amenities including eateries, petrol stations, worship places, and hospitals as well.

desagreen7

Desa Green is within a small radius to these hot property areas:

  • Mid Valley city – 4km
  • Petaling Jaya – 6km
  • KL city centre – 8km

Accessibility

  • New Pantai Expressway (NPE)
  • Sungai Besi Highway
  • Federal Highway
  • SPRINT Highway / Kerinchi Link
  • SMART Tunnel
  • East-West Link Expressway (Salak Expressway)
  • KL-Seremban Highway
  • Maju Expressway (MEX)
  • KTM Salak Selatan
  • KTM KL Sentral
  • KTM Mid Valley
  • KTM Seputeh  

Education

  • VIKAS International School
  • SK Seri Setia
  • SMK Sri Sentosa
  • SJK (C) Chong Wen
  • SJK (C) La Salle
  • SJK Danau Perdana
  • SMK Desa Perdana
  • Kuen Cheng High School
  • Megatech College
  • INTEC Education College
  • University of Malaya
  • UCSI University

Medical Care

  • University Malaya Medical Centre
  • Pantai Hospital
  • Taman Desa Medical Centre

Shopping

  • NSK Hypermarket
  • Scott Garden
  • Tesco
  • Mid Valley Megamall
  • Bangsar Village I & II
  • Bangsar Shopping Centre (BSC)
Show More

Analysis

Taman Desa is nestled between Petaling Jaya, KL Sentral and Cheras, and close to Bandar Malaysia. This could mean a huge potential for capital appreciation for residents of Desa Green.

Taman Desa has little land available for development. However, one of the more interesting projects is the redevelopment of the old Desa Water Park in Taman Danau Desa. The site, previously occupied by a theme park and restaurant, is owned by Kuala Lumpur City Hall (DBKL), and was sold to developer Aset Kayamas Sdn Bhd for RM500 million in 2016.

desagreen-2

Aset Kayamas will undertake a mixed development project called Desa Valley. It will comprise Rumawip (Federal Territories Affordable Housing) units and commercial units.

Here’s a look at residential properties in or close to Taman Desa.

Project

Land Tenure

Property Type

Completion

Built-up

Approximate Launch Price

Desa Green by UOA Development Bhd

Freehold

Serviced Apartment

2016

578 sq ft – 945 sq ft

From RM450,000

Desa Eight by UOA Group

Freehold

Condominium

2015

3,729 sq ft – 7,987 sq ft

From RM2.11 million

Avantas Residences @ Old Klang Road by CPI Land

Freehold

Serviced Apartment

2016

692 sq ft – 1,249 sq ft

From RM532,000

Residensi Desa Satumas @ Desa Valley by Aset Kayamas Group

Leasehold

Condominium (RUMAWIP)

 

2020

850 sq ft

Not more than RM230,000

 

The Hipster by Aset Kayamas Group

Leasehold

Apartment

2022

921 sq ft – 1,842 sq ft

From RM380,000

SkyVogue Residence by SkyWorld Development Sdn Bhd

Leasehold

Condominium

2024

1,085 sq ft – 2,650 sq ft

From RM652,000

216 Residences by Vizione Holdings Berhad

Leasehold

 

Serviced Apartment

2022

658 sq ft – 1,023 sq ft

From RM300,000

The Address by Maxim Holdings

Leasehold

 

Condominium

2022

1,118 sq ft – 2,319 sq ft

From RM650,000

 

Show More

Summary

In January 2021, a 935 sq ft unit listed for sale on PropertyGuru is from RM530,000 to RM600,000. A Desa Green unit that is tastefully and fully furnished can be rented out for RM1,800 per month.

desagreen-6

Here are some estimated monthly loan repayment figures for a Desa Green unit priced at RM550,000.

  • LTV / margin of finance: 90%
  • Down payment (10%): RM55,000
  • Loan amount: RM495,000
  • Loan term: 35 years
  • Interest rate: 3.2%
  • Monthly repayment: RM1,961
  • Approximate required gross annual income: RM79,000*

desagreen-4

Gross rental yield

If you purchase a unit priced at RM550,000, and rent it out at RM1,800 per month. the gross rental yield would be 3.92% per annum.

Formula: (12 months’ rent / Property price) x 100%  = % rental yield

These calculations are based on the PropertyGuru Home Loan Calculator, and PropertyGuru’s Home Loan Eligibility and Affordability Calculator.

If you’re interested in calculating Debt Service Ratio (DSR), you may refer to the PropertyGuru Home Loan Pre-Approval tool. It is FREE to use and helps you avoid loan rejections. It has a 99.9% accuracy so you can be sure of home loan approval!

* Assumptions: You have no other monthly debt obligations, and 30% of gross income will be spent on the housing loan. As a rule of thumb, banks usually loan up to 30% of your gross annual income.

 

Keep browsing Malaysia’s largest property site for more project reviews.

Show More
Eric Wong

Caitlyn

Feedback