Taman Sri Manja is a vibrant residential neighborhood located in Petaling Jaya, Malaysia.
Ideal for families, young professionals, and retirees alike, this community offers a harmonious blend of comfort, convenience, and charm.
With a range of housing options, from landed properties to modern condos, Taman Sri Manja caters to diverse lifestyles and budgets.
Key Features:
- Diverse Housing Options: Choose from spacious landed properties, stylish condominiums, and apartments that suit various preferences and financial plans.
- Strategic Location: Well-connected to major highways like the Federal Highway and New Pantai Expressway, ensuring easy access to Kuala Lumpur and surrounding areas.
- Abundant Amenities: Enjoy a wealth of nearby shopping centers, schools, medical facilities, parks, and recreational areas that cater to all aspects of daily life.
- Community Spirit: Experience a strong sense of belonging with friendly neighbors and various community events that foster connection and camaraderie.
- Public Transport Accessibility: Benefit from reliable public transport options, including bus services and LRT stations, making commuting hassle-free.
Taman Sri Manja stands out as a desirable place to live, combining modern conveniences with a welcoming community atmosphere.
Analyzing the Sub-Sale Market
1. Transaction Prices
In recent years, transaction prices in Taman Sri Manja have demonstrated a steady increase.
As of 2023, the average transaction price for landed properties ranges from approximately RM700,000 to RM1.5 million, depending on the property type, size, and condition. For example, standard terrace houses may sell for around RM800,000, while more spacious semi-detached homes could fetch upwards of RM1.2 million.
Condominiums and apartments in Taman Sri Manja also exhibit a diverse price range.
The average transaction price for these properties typically falls between RM300,000 and RM600,000, with variations based on amenities and location within the neighborhood.
Newly developed units tend to command higher prices due to modern features and facilities.
2. Rental Rates
The rental market in Taman Sri Manja is equally dynamic, providing attractive options for tenants and investors alike.
The average rental rate for landed properties varies between RM2,500 and RM4,500 per month, depending on the size and specifications of the unit. Larger homes with additional rooms or unique features tend to attract higher rental prices.
For condominiums and apartments, rental rates generally range from RM1,200 to RM2,500 per month.
Again, this variance is influenced by factors such as the property’s age, location within Taman Sri Manja, and the availability of amenities like security services, swimming pools, and gyms.
3. Factors Influencing the Sub-Sale Market
Several key factors contribute to the dynamics of the sub-sale market in Taman Sri Manja:
- Location: Taman Sri Manja’s strategic positioning within Petaling Jaya makes it highly desirable for both families and professionals. Its proximity to major highways and public transport options enhances its attractiveness.
- Amenities: The abundance of nearby amenities—including shopping centers, schools, and recreational facilities—adds value to properties within the neighborhood. This demand for amenities drives up both transaction prices and rental rates.
- Community Appeal: The strong sense of community within Taman Sri Manja fosters a welcoming environment that attracts potential buyers and tenants. The neighborhood’s family-friendly atmosphere enhances its desirability.
- Market Trends: Broader economic conditions and real estate trends also affect the sub-sale market. Factors such as interest rates, government policies, and overall market sentiment can influence buyer behavior and pricing.
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