Sutera Maya Condominium is located along Jalan Puchong, a busy four-lane street in Kuala Lumpur. The condominium consists of 196 units across 15 floors.

Given its strategic location, the property market in Puchong has seen significant growth and stability, making it a popular choice for homeowners and investors.

Sutera Maya Condominium Batu 6 Jalan Puchong 1

Sub Sale Market Analysis

1. Market Trends:

Pricing: The sub-sale price range for Sutera Maya condominium units is between RM 570,000 to RM 765,000, with rental prices ranging from RM 1,450[3][4].
Area Performance: Puchong has experienced positive trends in property prices, with average price growth of 4.3% and 3% year-over-year (y-o-y) in areas like Bandar Kinrara and Bandar Bukit Puchong, respectively[5].
Infrastructure and Connectivity: The extension of the Ampang/Sri Petaling LRT line and the upcoming MRT2 development have improved connectivity and accessibility in Puchong, enhancing its appeal for residential and commercial properties[2].

2. Rental Prices:

Rental Range: The rental prices for Sutera Maya range from RM 1,450 to RM 2,300.
Average Rental: The average rental price is around RM 1,993, based on current listings.
Rental Yield: The rental yield is approximately 3.62%, calculated based on the initial sale prices and rental rates.

3. Challenges:

Safety Concerns: Residents of Sutera Maya have expressed concerns about the safety of the condominium’s entrance and exit points due to heavy traffic and accidents. They have requested DBKL to install a box junction and speed breakers to mitigate these issues[1].
Environmental Issues: The condominium has faced issues with flooding and water backflow, particularly during heavy rainfall, due to its proximity to Sungai Klang. Residents have also complained about open burning and unsanitary conditions in nearby squatter areas[1].

4. Investment Potential:

Rental Yield: The rental yield in Puchong varies by property type, with 2-bedroom units offering a yield of 6.07%, and 3-bedroom units at 5.25%[2].
Market Outlook: The overall performance of the Klang Valley’s residential sector, including Puchong, has shown positive and stable trends, making it a promising area for investment[5].

Sources: