Suria Magna, Metro Prima
Suria Magna is a leasehold low-cost flat that is located in Metro Prima, Kepong. There are 504 units available at this flat with built-up from 635 sf to 660 sf. It was developed by Magna Prima Bhd, and was completed in about 1998.
Magna Prima Bhd is a medium-scale property developer listed on Bursa Malaysia, and it has built about 17 property projects in Malaysia. Other similar projects by the same developer are Mutiara Magna and Pelangi Magna.
This low-cost flat has some amenities nearby, e.g., schools and transit stations. The following are some of the main schools here:
- SJK (C) Kepong 2
- SK Kepong Baru
As for transit stations, there are MRT Kepong Baru and MRT Metro Prima.
The current rental yield of Suria Magna is around 5.05%, compared to 4.5% a year ago in Q1 2022. The highest rental yield ever recorded was 8.0% in Q2 2017; while the lowest one was 3.85% in Q4 2021. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size (built-up) combination at Suria Magna is 2-bedroom / 635 sf with a median price of RM360 psf. For price wise, the most expensive one is 2-bedroom / 650 sf with a median price of RM360 psf; while the cheapest one is Studio / 635 sf with a median price of RM300 psf.
Latest Suria Magna sale listings:
| Date | Property Type | Built-up | Price |
|---|---|---|---|
| 24 Jul 2024 | Low-Cost Flat | 640 sf | RM195,000 |
| 20 Jun 2024 | Low-Cost Flat | 640 sf | RM228,000 |
| 7 May 2024 | Low-Cost Flat | 635 sf | RM185,000 |
| 12 Feb 2024 | Low-Cost Flat | 640 sf | RM228,000 |
| 3 Oct 2023 | Low-Cost Flat | 640 sf | RM189,000 |
| 26 Sep 2023 | Low-Cost Flat | 635 sf | RM168,000 |
| 15 Sep 2023 | Low-Cost Flat | 640 sf | RM190,000 |
| 22 Aug 2023 | Low-Cost Flat | 650 sf | RM200,000 |
| 7 Aug 2023 | Condominium | 640 sf | RM228,000 |
| 19 Jun 2023 | Low-Cost Flat | 640 sf | RM210,000 |
Latest Suria Magna rental listings:
| Date | Property Type | Built-up | Rental |
|---|---|---|---|
| 25 Apr 2023 | Low-Cost Flat | 650 sf | RM300 |
| 11 Jan 2023 | Low-Cost Flat | 650 sf | RM800 |
| 16 Dec 2022 | Low-Cost Flat | 650 sf | RM800 |
| 21 Apr 2022 | Condominium | 650 sf | RM700 |
| 6 Mar 2022 | Master Room | -NA- | RM380 |
| 21 Jan 2022 | Low-Cost Flat | 800 sf | RM750 |
| 12 Jan 2022 | Low-Cost Flat | 650 sf | RM750 |
| 14 Dec 2021 | Low-Cost Flat | 635 sf | RM650 |
| 4 Dec 2021 | Condominium | 640 sf | RM950 |
| 1 Dec 2021 | Low-Cost Flat | 635 sf | RM680 |
I don't know who and how the market price is set but it's simply ridiculous to set anything more than rm140k. We need to evaluate the area and it's surroundings too. The place is infested with gangsters and drug peddlers. It is not a good area to bring up children. A lot of social illness. To me the place is not worth more than 100k. Claiming necessities nearby does not supercede the criminal activities there. House break in n cars damaged etc.