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Ridzuan Penthouse Condominium for Sale

RM 630,000
No. 3, Jalan PJS 10/11, 46000 Petaling Jaya, Selangor, ,
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Sale

Prime location in Bandar Sunway offering the best VALUE (RM306 psf) for a large area of 2,062 sq ft. Ideal for investment (rental yield of 9.3%) or larger families at a decent price (a rare find of 2,000 sqft)

Unit has been converted ready for either as a:
(1) Full investment rental unit with a rental of RM4,900 vs monthly bank installment of RM2,900, excess cashflow of RM2,000;
or
(2) Partial investment rental unit with Partial own stay unit. Rentable space at Ground Floor can fetch up to RM3,500 per month vs. monthly instalment of RM2,900 for whole unit. Tenants to fully subsidise the monthly bank installment, with excess profit cashflow of RM600 per month to the owner

The 2,000 sqft duplex unit comes with great views of Bandar Sunway. Currently offering the best value around Bandar Sunway with a large pricing gap versus the newer residences at South Quay La Costa (RM700 psf), A’marine (RM670 psf), Nautica (RM650 psf) and Nadayu (RM775 psf). Property is poised for price gain over the long term to play catch-up with the large pricing gap. Every RM100 psf gain leads to a RM200,000 capital gain! Property value is backed by fundamental valuation at 9.3% p.a. rental yield.

Access roads:
– 2 minutes from NPE (link to Bangsar-KL)
– 6 minutes to Federal Highway
– 8 minutes to KESAS (link to Shah Alam-Sg Besi)
– 12 minutes to PLUS Highway

Unit comes with new refurbishments:
– New 2ft x 2ft floor tiles
– Plaster ceiling around the house
– New 3 phase electricity supply for full air conditioning to the house
– New wiring laid around the house

For technical assistance, please go to http://www.propertypricetag.com/properties/275338

Address: No. 3, Jalan PJS 10/11, 46000 Petaling Jaya, Selangor
City:
Zip: 46000
Country: Malaysia
Price: RM 630,000
Property Size: 2,062 ft2
Bedrooms: 7
Bathrooms: 3
Title Type (Freehold Or Leasehold): Leasehold
PEA/REN: 0
Tennis Court
Gymnasium
Swimming Pool
Squash Court
Mini Market
Laundry
24 Hour Security
Covered Parking
Playground

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