Faber Ria

Faber Ria, a freehold condominium, is located within at TamanDesa, Kuala Lumpur and near Old Klang Road. It has 402 residential units spread out over three tower blocks. The full-size ranges from 500 to 1,400 square feet per unit. It was developed by Faber Development Holdings Sdn Bhd (a subsidiary of Faber Group Bhd), a large-sized property development company with more than 35 years' experience. Faber Development Holdings Sdn Bhd has played an integral role in the property development industry in Malaysia and has carved an excellent track record as an established property developer offering prime properties in terms of location, quality finishes and aesthetic appeal at competitive prices. The developer's track record includes the design and building of quality houses, apartments, condominiums, and offices with innovative, contemporary designs. Situated deep in the Taman Desa suburban area, Faber Ria residents are surrounded by lots of amenities like a medical center, metro transport stations. The condo is few meters away from Taman Desa town center, Faber Plaza, Mid Valley Megamall where there are varieties of retail shops to indulge in, from the supermarkets to restaurants, and cyber cafes. Besides that, there are Taman Desa Park, Kuala Lumpur convention center, Taman Desa lake and Desa water park for recreational purposes that are located close to Faber Ria giving its residents a wider range of recreational facilities. This apartment building is suitable for growing family with kids as there are educational institutions located a short distance from the condominium for parents to enroll their kids, they include SMK Taman Desa, SMK Desa Perdana, SJK Danau Perdana and SJK Taman Desa. Faber Ria condominium also provides its residents with convenient access as a result of the good road network, and it is situated near numerous expressways like SMART, Kerinchi Link, MEX, KESAS, New Pantai Expressway, and North-South expressway, federal highway. These major roads enable residents of Faber Ria to reach other prime destinations that are few kilometers away from the condo within 10 to 20 minutes’ drive. These locations include MidValley city, KL city center, Bangsar, Petaling Jaya, Seputeh and Happy Garden. Residents of Faber Ria also have access to several other in-house facilities that includes a swimming pool, a gymnasium center, a sauna, a squash court, a reading room, a game room, a launderette, a grocery store, a cafeteria, a playground for kids, a covered parking lots for its residents and 24 hours’ security that ensures safety and peace within the perimeter. These facilities help in creating a more relaxing and family-friendly environment. Other infrastructures include banks, clinics, metro station, eateries, public offices, colleges, mosques, temples, churches, petrol stations are a short distance away from this residential apartment. Faber Ria is one of the oldest condominium developments in Taman Desa, Kuala Lumpur and was completed in 1985. There are 402 units housed within three tower blocks of buildings with built-up size approximately 5000 square feet to 1,600 square feet per unit. This freehold condominium offers a choice of a studio apartment, a two bedroom apartment, a three and four bedrooms units, to meet different needs of individuals and families. The 2-bedroom plus two bathroom units offer a built-up size of 950 square feet to 1,050 square feet, which is suitable for young professionals. Meanwhile, the three to four bedrooms with three bathrooms offer a built-ups size ranging from 1,380 square feet of 1,600 square feet, which are ideal for growing families. The average transacted price of units in this project is between RM500 per square feet to RM550 per square feet. Its studio unit has gotten the highest interest of investors because of the capital appreciation as prices of condominiums are rising rapidly; therefore, it has a high rental yield return (7 percent to 9 percent in terms of gross rental yield). Although Faber Ria looks quite old from the outside, it is a very well-maintained condo as its maintenance fee is RM0.17 per square feet. Other similar projects by the same developer are Casa Desa Condominium, Faber Heights condominium, Faber Indah condominium, Residensi Pandanmas 1, and Tiara Faber. Similar developments in this area that might be of interest include Desa Green Serviced Apartments, Kondominium Abadi Villa, Papillon Desahill Condominium, 1 Desa Residence and Bukit Desa Condominium.