Suria Magna, Metro Prima
Suria Magna is a leasehold low-cost flat located in Metro Prima, Kepong. There are 504 units available at this project with built-up from 635 sf to 660 sf. It was developed by Magna Prima Bhd, and was completed in around 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 schools here:
- Benny School Of Dancing
- 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 RM290 psf. For price wise, the most expensive one is 3-bedroom / 660 sf with a median price of RM300 psf; while the cheapest one is 2-bedroom / 635 sf with a median price of RM290 psf.
Latest Suria Magna sale listings:
| Date | Property Type | Built-up | Price |
|---|---|---|---|
| 8 Jan 2022 | Low-Cost Flat | 640 sf | RM195,000 |
| 15 Dec 2021 | Low-Cost Flat | 635 sf | RM200,000 |
| 11 Dec 2021 | Condominium | 640 sf | RM218,000 |
| 5 Dec 2021 | Condominium | 640 sf | RM230,000 |
| 17 Nov 2021 | Low-Cost Flat | 640 sf | RM228,000 |
| 30 Oct 2021 | Low-Cost Flat | 640 sf | RM230,000 |
| 4 Aug 2021 | Condominium | 635 sf | RM210,000 |
Latest Suria Magna rental listings:
| Date | Property Type | Built-up | Rental |
|---|---|---|---|
| 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 |
| 20 Nov 2021 | Low-Cost Flat | 635 sf | RM700 |
| 18 Nov 2021 | Low-Cost Flat | 640 sf | RM750 |
| 7 Nov 2021 | Low-Cost Flat | 640 sf | RM750 |
| 4 Nov 2021 | Low-Cost Flat | 640 sf | RM700 |
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.