Hi Guys. Want to ask if want invest in Setapak area Rampai court is it worthy for invest? Have 2 room 1 bath and access card entry parking price around rm210k to 300k depend furnished or not.
That area easy to rent out? hope can heard some sharing from who had stayed there before or still staying there thank you very much.

Cannot compete with the newer PV properties.

Rental price is muted, do proper research and visit on site.

Demand has fallen over the years and because of this rent had not increased much or has fallen. However, there is value in the land. So if you can get a unit there you that can be your exit plan. Depending on whether it materialises or not.

This post has been edited by Zwean: Apr 10 2020, 11:02 AM

Medium cost apartment with lift, security and own dedicated parking slot.
Rental RM1000 to RM1200 depending on furnishing.
Actually at that area cannot get any other places to rent with that price if you want just a small place to stay (except low cost flat).

Anyway do read up this thread for more info: https://forum.lowyat.net/index.php?showtopic=4524902

it may seems student demand is low, quoted by Zwean, due to too many property out there for rent. and nowadays, owner let the tenant to sublet or owner may built lots of partition rooms in one unit of condo. speaking from real life experience, one condo in Jalan Genting Klang, 1,600 sqft of condo able to make about 6-8 rooms and rent to student. One corner house at Taman Bunga Raya can make 14 rooms to rent out. One intermediate house single storey in Taman Bunga Raya can make about 8-10 rooms, 2 bathrooms.

however, Rampai Court to the nearest LRT is Rampai LRT (correct me if im wrong), walking distance 20min or drive 8min depend on traffic.
but of course, it is easy access with Rapid KL bus.

that area actually not only rented to student, alot of worker actually rent near there due to LRT accessible.

Basically nowadays rental cannot cover your monthly repayment and dont forget the maintenance fee you need to pay. so is up to your financial situation now.

the demand is still there, but very competitive.


true, the value is still there. but need to depend on the property market too.

yeah, agree on this. i think due to LRT accessible issue, the rental price wont go up any further from this.
unless property market boost up kaw kaw.

very competitive area...
many newer choice...

rental confirmed cannot cover your loan...
so really think about it first...

This case I heard before, but till now still haven’t take over. Only can said that rampai court valley on the land freehold.

This post has been edited by macdaniel: Apr 10 2020, 05:57 PM

Market boost up kaw kaw need to take few years somemore now under MCO economic sure not good.

yeah. but if you got substantial of spare cash, put one side for emergency use. make sure is enough at least to estimate this MCO to last till end of June,
and the other spare still have downpayment, why not start to look around and start buying?
i believe by that time you get the key, the MCO already ended and you can start clearing up the house and look for tenant.

This and the Kudalari condo case are good examples of why developers tend to shun redeveloping private projects. Our law still states that 100% agreement is required in order for redevelopment on an old project to proceed. Even the HBA insists on this.

Govt flats, on the other hand, don't have such requirements as all of the residents living there are renters and not owners. The redevelopment of the Sri Pahang flats by SuezCap into Bangsar HillPark is one example, followed by SP Setia's redevelopment of the Jln Ikan Emas flats in Cheras, which I believe haven't taken off yet as I haven't heard much about it after the announcement a few years ago after a deal was inked between DBKL and the former.

Not many space actually.. that y need to
Know more about this.. don’t really want make wrong decision.. anyway thanks for ur ideas

I see. This more clear, thanks for ur explanation.