So, what is the attraction of Desa Kudalari? There are basically 2 main types of layouts here - the large 800+sf low rise 1 bedroom cabana units and a high rise building housing 2 bedroom units. The cabana units have an interesting set-up. They are basically 3 storey walk ups or walk downs with no more than 2 flight of stairs to get to the highest unit because the 2nd floor is actually at the ground level. The 2 bedroom units are approximately 1400sf consisting of 1 master bedroom and 1 smaller bedroom both sharing an adjoining bath. There is a small maid's room next to the kitchen but most owners knock it down to have a larger and brighter kitchen. The living room comes with a small toilet cum powder room.
A quick check on rentals show that Desa Kudalari is not exactly a good performer. Considering that the Cabana units are going for a price tag of RM700k and the 2 bedroom units are selling well above RM1million, they are only fetching on average RM3000 and RM4500 per month rental respectively. Due to the new competition in Marc Residence, Binjai Residency, Hampshire Place etc, this once rental hot cake of KL is finding it harder and harder to get tenants.
However, Malaysia does not yet have this en-bloc law. So it may be some time before one can take fruits of this investment. But the value and the quality of the land in Desa Kudalari is certainly worth waiting for.