Taman Sri Sentosa, Old Klang Road

Taman Sri Sentosa is a vibrant residential enclave located along Old Klang Road in Kuala Lumpur.

This community offers a unique blend of urban convenience and suburban tranquility, making it an ideal choice for young professionals, families, and investors alike.

With a diverse range of residential options, ample amenities, and excellent connectivity, Taman Sri Sentosa stands out as a desirable living destination in the Klang Valley.

Features:

• Diverse Residential Options: Taman Sri Sentosa provides various housing choices, including affordable apartments, modern condominiums, and landed properties like townhouses, catering to different budgets and lifestyles.
• Convenient Amenities: The neighborhood boasts a thriving commercial hub with retail outlets, restaurants, cafes, and essential services, ensuring residents have everything they need within close reach.
• Education and Healthcare Access: Families will appreciate the proximity to reputable educational institutions and healthcare facilities, including schools and hospitals, contributing to a family-friendly environment.
• Recreational Spaces: Residents can enjoy green parks and recreational areas, perfect for outdoor activities, relaxation, and family outings, enhancing the overall quality of life.
• Excellent Connectivity: Located along Old Klang Road, Taman Sri Sentosa offers easy access to major highways and public transportation options, making commutes to the city center and surrounding areas convenient.
• Strong Community Spirit: The neighborhood fosters a welcoming atmosphere with a diverse population that participates in community events, creating a sense of belonging and camaraderie among residents.
• Investment Potential: With steady property appreciation and rental yields, Taman Sri Sentosa presents a compelling opportunity for investors looking to capitalize on the growing demand for housing in Kuala Lumpur.

In summary, Taman Sri Sentosa is not just a place to live; it’s a thriving community that embodies convenience, comfort, and connection—all essential elements for those seeking a fulfilling lifestyle in Kuala Lumpur.

Analysis of the Sub-Sale Market

1. Transaction Prices

The sub-sale market in Taman Sri Sentosa has witnessed a steady increase in transaction prices over the past few years, reflecting the area’s growing popularity and demand for housing.

The following are some approximate price ranges for different property types within the neighborhood:

1. Apartments:
   • Transaction prices for apartments in Taman Sri Sentosa typically range from RM300,000 to RM600,000. The price variation is influenced by factors such as the size of the unit, age of the development, and available amenities.
   • For example, a 3-bedroom apartment can be found around RM450,000, while smaller 2-bedroom units may be available for approximately RM350,000.
2. Condominiums:
   • The prices for condominiums in Taman Sri Sentosa are generally higher due to the added amenities and modern facilities. Transaction prices usually range from RM600,000 to RM1.2 million.
   • A typical 2-bedroom condominium may sell for around RM700,000, while larger units with more bedrooms and premium facilities can reach prices exceeding RM1 million.
3. Landed Properties:
   • Landed homes, including townhouses and semi-detached houses, have a broader price range, often between RM800,000 to RM1.5 million.
   • For instance, a semi-detached home might be priced around RM1.2 million, while townhouses can be found starting from RM900,000.

2. Rental Market

The rental market in Taman Sri Sentosa is equally vibrant, attracting both local and expatriate tenants due to its strategic location and amenities.

The following are some insights into rental prices and yields in the area:

1. Apartments:
   • Rental prices for apartments typically range from RM1,200 to RM2,500 per month, depending on the size and condition of the unit.
   • A 2-bedroom apartment may rent for around RM1,500, while larger 3-bedroom units can command rents of up to RM2,200.
2. Condominiums:
   • Condominium rentals are higher due to their modern features and amenities, with prices ranging from RM2,000 to RM4,500 per month.
   • For example, a 2-bedroom condominium may rent for approximately RM2,800, while luxurious units with three or more bedrooms can easily reach rents of RM4,000 or more.
3. Landed Properties:
   • Landed homes tend to have higher rental prices as well, with ranges typically from RM2,500 to RM5,500 per month.
   • A townhouse might rent for around RM3,500, while larger semi-detached homes could achieve rental rates of up to RM5,000.

3. Rental Yields

The rental yields in Taman Sri Sentosa present an attractive investment opportunity for property owners. Based on current market conditions:

1. Apartments:
   • Average rental yields for apartments range from 4% to 6%, making them an appealing option for investors seeking consistent rental income.
2. Condominiums:
   • Condominium rentals typically yield between 3% and 5%, reflecting their higher purchase prices but solid demand among tenants.
3. Landed Properties:
   • Landed homes often achieve rental yields of around 3% to 4%, which is competitive given their larger living spaces and family-oriented appeal.

4. Market Trends

The sub-sale market in Taman Sri Sentosa is influenced by several trends:

1. Growing Demand:
   • With Kuala Lumpur’s continued urbanization and population growth, there has been an increasing demand for affordable yet quality housing options in well-connected neighborhoods like Taman Sri Sentosa.
2. Infrastructure Development:
   • Future infrastructure projects, such as new transportation links or commercial developments nearby, are expected to drive property values up further and enhance the desirability of the area.
3. Shift Towards Rental Properties:
   • As more individuals and families prefer renting over purchasing due to economic uncertainties, this trend has increased rental demand in Taman Sri Sentosa.