Sri Jati II is a modern condominium development located in the vibrant Old Klang Road area of Kuala Lumpur.
This residential oasis combines contemporary design, exceptional amenities, and a prime location to offer residents a comfortable and convenient lifestyle.
Ideal for diverse lifestyles, from young professionals to families, Sri Jati II stands out as a premier choice for those seeking urban living.
Key Features:
- Architectural Design:
- Sleek and contemporary design with well-planned layouts.
- Ample natural light and ventilation in each unit.
- Amenities:
- A well-equipped gym for fitness enthusiasts.
- Sparkling swimming pool for relaxation and leisure.
- Landscaped gardens and children’s playground for outdoor enjoyment.
- Multipurpose hall for community events and gatherings.
- Connectivity:
- Located on Old Klang Road with easy access to major highways.
- Close proximity to public transportation options, including bus and LRT stations.
- Lifestyle Opportunities:
- Diverse dining options from local to international cuisine nearby.
- Shopping malls such as Bangsar Shopping Centre and Mid Valley Megamall within easy reach.
- Investment Potential:
- Attractive proposition for both homebuyers and investors.
- Potential for capital appreciation and steady rental returns.
- Community Focus:
- Shared spaces that promote social interaction and community engagement.
- Vibrant atmosphere that fosters lasting relationships among residents.
- Sustainability Initiatives:
- Eco-friendly features including energy-efficient lighting and water-saving systems.
- Commitment to sustainable living practices within the community.
Sub Sale Market Analysis
Here is a detailed analysis of its subsale market, focusing on transaction prices and rental yields:
1. Transaction Prices:
- Price Range: The selling price for Sri Jati II units ranges from RM 292,000 to RM 550,000[1].
- Price per Square Foot (PSF): The price per square foot varies from RM 240 psf to RM 449 psf[1].
- Historical Transactions:
- 2011-2012 Transactions: Units were sold for prices ranging from RM 310,000 to RM 342,000 for sizes between 1,191 sq. ft. and 1,336 sq. ft.[2].
- Recent Listings: Prices are listed from RM 380,000 to RM 488,000, with a PSF range of RM 316.19 to RM 398.01[4].
2. Rental Prices:
- Rental Range: The rental price for Sri Jati II units ranges from RM 600 [1], though more recent listings suggest a range of RM 1,465 to RM 1,900[4].
- Rental Yield: The average rental yield is approximately 3.48%[1].
3. Market Trends:
- Comparative Analysis:Â When compared to other properties in the area, such as Residence 8, Tiara Mutiara, and Sutera Maya, Sri Jati II offers competitive pricing and rental yields[1].
- Neighborhood Insights:Â The area has seen a mix of transactions for non-landed properties, with prices varying significantly based on size and type[1][3].
4. Key Points:
- Developer:Â Sapphire Empire Sdn Bhd[3][5].
- Unit Capacity:Â 454 units[5].
- Location:Â Along Jalan Puchong, off Old Klang Road, providing easy access to various amenities and major roads[1][3].
Conclusion:
Sri Jati II presents a viable option for those looking for a condominium in a matured area within the city at an affordable price.
While there are concerns about a high tension cable nearby, the recent refurbishments and added security features make it an attractive choice for families.
The transaction prices and rental yields are competitive when compared to other properties in the area, making it a consideration for both buyers and renters.
Sources:
- [1]Â www.propsocial.my
- [2]Â www.starproperty.my
- [3]Â www.edgeprop.my
- [4]Â www.iproperty.com.my
- [5]Â www.propertyguru.com.my
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