Taman Setapak, Jalan Genting Klang
Taman Setapak (also known as Setapak Garden) is a freehold town that is located in Jalan Genting Klang, Setapak. Taman Setapak, while charming in its own right, is not necessarily the most attractive option for real estate investing. One of the primary reasons being the age of the development means that the amenities and facilities might not be up to modern-day standards. Additionally, with many of the homes being lived in by original settlers and their families, there may not be a lot of turnover, limiting the potential for growth in property value. That being said, the converted food stalls could prove to be an interesting business opportunity for those looking to invest in a local start-up. Overall though, Taman Setapak should be approached with some caution as the dynamics of the housing development might not be conducive to a high return on investment.
The built-up available in this town is 1,200 sf to 3,000 sf for houses. Other neighbouring towns nearby here are Air Panas, Bandar Baru Sentul, Danau Kota, Jalan Genting Klang, Sri Rampai, Taman Melati, Taman P Ramlee, Taman Samudra and Titiwangsa.
This town has some amenities nearby, such as schools, hospitals and universities. The following are some of the major schools here:
- Fugee School
- SRA Sungai Mulia
The current rental yield of Taman Setapak is 2.86% for houses. The highest rental yield ever recorded was 3.79% in Q2 2020 (house); while the lowest one was 2.63% in Q1 2019 (house). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Taman Setapak for houses is 3-bedroom / 1,600 sf with a median price of RM400 psf. For price wise, the most expensive one is 5-bedroom / 3,000 sf with a median price of RM590 psf; while the cheapest one is 5-bedroom / 2,500 sf with a median price of RM330 psf.
Latest Taman Setapak sale listings:
Latest Taman Setapak rental listings:
|19 Nov 2023||Single Room||-NA-||RM550|