Teratai Mewah Condominium

Teratai Mewah Condominium is a freehold condominium located along Jalan Langkawi in Setapak, Kuala Lumpur. It nestled adjacent to Teratai Mewah Apartment and Taman Teratai Mewah. It comprises of a total of 400 units spanning across 5 blocks of 5-storey buildings with standard units having built-up areas of about 930 sf. These units are also equipped with 3 bedrooms and 2 bathrooms. Some of the facilities provided here are like swimming pool, gymnasium, tennis and squash courts, parking lots, sauna, playground and of course 24 hours security. Teratai Mewah Condominium is sited at an extremely convenient area with most amenities located just a short walk or short drive away. Shopping malls like Plaza Crystalville, Festival City Mall and Platinum Mondrian are all sited just a short 5 minutes’ drive away. There, residents get to enjoy ample amenities ranging from restaurants, supermarkets to boutiques and saloons. There are also various amenities situated along Jalan Genting Kelang which is also just a short drive away from the condominium. Residents can find banks, workshops, restaurants, clinics and more there. SK Danau Kota 2, SM Chong Hwa, SRJK(C) Mun Yee, Korean School, SMK Danau Kota, SK Lee Rubber and SRA Taman Ibu Kota are just some of the schools located near to the condominium. All situated about a short 5 to 10 minutes’ drive away from Teratai Mewah Condominium. Public transportation is also extremely convenient with so many bus stations available at different points along Jalan Genting Kelang. Alternatively, this condominium can also be easily located using Jalan Langkawi.

Property Details

Name: Teratai Mewah Condominium

Address: Jalan Langkawi, Setapak, Kuala Lumpur

Type: Condominium

Tenure: Freehold

No. of Blocks: 5

No. of Storey: 5

No. of Units: 400

No. of Bedrooms: 3

No. of Bathrooms: 2

Built-up: 930 sf

Subsale Price:

Rental:

Facilities

Swimming pool

Tennis court

Squash court

Gymnasium

Sauna

Parking lots

Playground

24 hours security

Market Trends

Analysis

Teratai Mewah Condominium is a viable investment and with so many amenities being situated so near to the condominium, owners can easily rent out their units to families, working professionals and even students. Some units can even fetch up to RM1,500 - which is a pretty good rate considering some units are quite reasonably priced.Setapak is seen as a new and reviving township due to numerous new developments in the area. Among the new developments that have changed the property landscape of Setapak include KL Festival City and Platinum Lake. Having that said, there is a potential for older residences like Teratai Mewah condominium to appreciate further. People will value Setapak better than they used to.