Petaling Indah

Petaling Indah is a medium-cost condominium, conveniently located at the interchange of Kuala Lumpur-Seremban Highway, Middle Ring Road 2 and Sungai Besi Highway. The condominium neighbors 1 Petaling, Taman Castlefield and Permai Apartment. Petaling Indah is a leasehold condominium comprising 4 blocks of 8 to 13 storeys high. There are a total of 672 units with each unit has built-ups range from 870 sf to 904 sf and built with 3 bedrooms and 2 bathrooms. Each unit comes with 1 car park bay, and some may come with more as the developer has offered extra car park for early buyers. Full condominium facilities provided to cater the residents here including BBQ pit, 2 tennis courts, a swimming pool, a children’s playground, badminton court, squash court, gymnasium and a multi-purpose hall to name a few. There are several amenities nearby such as schools (SK Bandar Baru Petaling, SRJK (T) Sungai Besi and SK Desa Tasik), Institut Sosial Malaysia, a mosque (Masjid Jamek Sungai Besi), a super market (Pasaraya KK Sungai Besi), a government clinic and a shopping mall (Endah Parade). It is just approximately 7 and 8 minutes drive to Sungai Besi RapidKL LRT Station and Bandar Tasik Selatan transportation hub. Even though Sungai Besi LRT Station is just a stone throw away (850m) from Petaling Indah, it is impossible to walk to the station because of the highways.

Property Details

Name: Petaling Indah

Address: Jalan 1C/149, Bukit Sri Petaling, Sungai Besi, 57000 Kuala Lumpur

Developer: Securiservices Sdn Bhd (a subsidiary of Berjaya Group)

Completion Date: 2005

Type: Condominium

Tenure: Leasehold

No. of Blocks: 4

No. of Storey: 8 – 13

No. of Units: 672

No. of Bedrooms: 3

No. of Bathrooms: 2

Built-up: 855 – 904 sf

Launch Price: From RM89,900 (Phase 4)

Subsale Price:

Rental: RM850 – RM1,000

Facilities

Swimming pool

Squash court

Tennis court

Sepak takraw court

Table tennis

BBQ area

Multi-purpose hall

Library

Kindergarten

Launderette

Landscaping

Gymnasium

Mini market

Children's playground

24-hour security

Market Trends

Analysis

As Petaling Indah is located in between highways, residents may find difficulty to reach nearby amenities as residents have to drive along the highways in order to get to the amenities in Bandar Tasik Selatan, Bukit Jalil, and Sri Petaling. The highways surrounding Petaling Indah are among main highways of Klang Valley, hence residents may be trapped in traffic congestion during rush hours. This medium-cost condominium is preferred by the middle class due to its strategic location within minutes to the city centre and established CBDs. Besides that, the price is also affordable for a home in Kuala Lumpur. Even though the demand for Petaling Indah is high, there are auction units available in the market from time to time. The reserved price starts from RM130,000. Hence, you can gain higher rental yield if you are able to swap the auction unit for your investment. Rental yield for Petaling Indah is about 6% to 10%.