Sri Petaling, Kuala Lumpur
Sri Petaling (also known as Bandar Baru Sri Petaling) is a freehold town that is located in Kuala Lumpur, Malaysia. Sri Petaling, located in the vibrant city of Kuala Lumpur, has become an increasingly desirable location for real estate investors. With its excellent location and thriving commercial centers, the value of residential units in the area has surged significantly. One of the key reasons contributing to the area's popularity is the diverse range of dining outlets and other recreational facilities within walking distance. For those who commute regularly, there are easy access to multiple expressways and LRT stations, such as LRT Bukit Jalil and LRT Sri Petaling, that can provide a hassle-free journey. This popular neighborhood is definitely a promising real estate investment opportunity.
The built-up available in this town is 825 sf to 6,500 sf for houses. It was developed by I&P Group (aka Island & Peninsular).
I&P Group (aka Island & Peninsular) is a huge real estate group, and it has constructed around 110 real estate projects in Malaysia. Other similar projects by the same developer are Alam Damai, Alam Impian, BK6, Kota Bayuemas, Kota Seriemas and Taman Setiawangsa.
This town has some amenities nearby, for example transit stations, universities and schools. The following are some of the main transit stations here:
- ERL/Komuter/LRT Bandar Tasik Selatan
- LRT Bukit Jalil
- LRT Sri Petaling
- LRT Sungai Besi
- MRT Sungai Besi
- MRT Taman Naga Emas
As for universities, there are Al Madinah International University, Al Madinah International University (Desa Petaling Campus), Asia Pacific University Of Technology & Innovation (Apu) and International Medical University.
The current rental yield of Sri Petaling is 3.58% for houses. The highest rental yield ever recorded was 6.53% in Q4 2021 (house); while the lowest one was 2.3% in Q3 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 Sri Petaling for houses is 5-bedroom / 3,000 sf with a median price of RM730 psf. For price wise, the most expensive one is 5-bedroom / 3,000 sf with a median price of RM730 psf; while the cheapest one is 4-bedroom / 1,800 sf with a median price of RM420 psf.
Latest Sri Petaling sale listings:
| Date | Property Type | Built-up | Price |
|---|---|---|---|
| 20 Aug 2024 | Apartment | 936 sf | RM340,000 |
| 20 Aug 2024 | Retail | 366 sf | RM54,000 |
| 20 Aug 2024 | Terrace | 1,668 sf | RM1,000,000 |
| 30 Aug 2024 | Retail | 5,760 sf | RM4,880,000 |
| 22 Aug 2024 | Condominium | 852 sf | RM489,000 |
| 17 Aug 2024 | Retail | 1,302 sf | RM475,000 |
| 27 Aug 2024 | Condominium | 950 sf | RM650,000 |
| 13 Aug 2024 | Condominium | 947 sf | RM297,000 |
| 21 Aug 2024 | Shop-Office | 1,760 sf | RM4,400,000 |
| 20 Aug 2024 | Terrace | 1,400 sf | RM835,000 |
Latest Sri Petaling rental listings:
| Date | Property Type | Built-up | Rental |
|---|---|---|---|
| Today | Apartment Room | -NA- | RM700 |
| Today | Master Room | -NA- | RM780 |
| Today | Retail | 300 sf | RM1,100 |
| Today | Single Room | -NA- | RM650 |
| Today | Medium Room | -NA- | RM750 |
| Today | Condominium | 1,141 sf | RM1,500 |
| Yesterday | Retail | 388 sf | RM1,050 |
| 23 Aug 2024 | Medium Room | -NA- | RM780 |
| 25 Aug 2024 | Shop-Office | 8,000 sf | RM30,000 |
| 29 Aug 2024 | Room | -NA- | RM900 |
Used to go Sri Petaling frequent and love its public transport.