Sri Raya Apartment is a freehold medium low cost high rise located in Kajang. It is surrounded by similar apartments such as Sri Ria Apartment and Sri Camellia Apartment. Located on the outskirts of the city, it is an approximate half an hour drive to the city centre of Kuala Lumpur while other places of importance such as Bangsar, Mont Kiara and Petaling Jaya are also an approximate half an hour away.Sri Raya Apartment consists of two blocks, which each block standing at 16 storeys tall. Units here are highly suitable for small to medium sized families as each unit is approximately 997 sf big with 3 bedrooms and 2 bathrooms. The penthouse on the other hand is much bigger at 1,994 sf, with 5 bedrooms and 4 bathrooms. Prices are reasonable, ranging between RM180,000 to RM330,000.As Sri Raya Apartment is one of the older developments in Kajang, all the units here are fully occupied and as such all units that are being released are pre-owned. Buyers who are looking for a home here can expect most of the units on sale to be at least partially furnished, with most the homes already furnished with in-built kitchen cabinets, hoods and hobs. Air-conditioners are the norm as well, while various units come with different offerings; some even with washing machines.Sri Raya Apartment has a variety of facilities for the entertainment of the residents, such as a swimming pool as well as a wading pool, a children's playground and a jogging track. Also available within the premises is a mini mart, while security is ensured with the 24-hour security guards. Each unit also comes with 1 unit of parking lot within the multi storey parking lot.Sri Raya Apartment is located within a well established location with many shops and conveniences within short driving distance. Just minutes drive from home is a Speedmart 99 and 7-Eleven, while the closest medical institution is the Hospital Besar Kajang. At only 8 minutes away from the city centre of Kajang, the closest major shopping mall is Plaza Metro Kajang which is 8 minutes away while Jaya Jusco Seri Kembangan is only 10 minutes away.Within the vicinity of Sri Raya Apartment is also many national and private schools, all within a 3 kilometres radius. There are also many institutions of higher education within close distance, such as the Universiti Kebangsaan Malaysia (UKM) and Universiti Tenaga Nasional (Uniten). Sri Raya Apartment is well located as it is situated just off the main trunk road of Jalan Semenyih, which connects directly to the Kajang Dispersal Link Expressway (SILK), the Kajang - Seremban Highway and the PLUS Highway. Public transportation is convenient as well, as the Kajang KTM station is a mere 10 minutes away, with the highly anticipated MRT completing in the year 2015.
Property Details
Name: Sri Raya Apartment Address: Jalan Sepakat Indah 3, Taman Sepakat Indah, 43200 Kajang, Selangor Type: Apartment Tenure: Freehold No. of Blocks: 2 No. of Storey: 16 No. of Bedrooms: From 3 No. of Bathrooms: From 2 Built-up: From 997 sf Subsale Price: From RM180,000 Rental: From RM680Facilities
Playground Swimming pool Children's pool Jogging track Mini mart 24-hour security Covered parking lotAnalysis
Sri Raya Apartment is one of those apartments located on the outskirts of the city that caters to students and staff of the nearby institutions of higher education. Being located on the outskirts, traffic in the area is generally smooth flowing at all times of the day, excepting peak hours when traffic may slow down a bit. The main trunk roads that will might pose a traffic problem is Jalan Bukit where heavy congestion only happens at the Kajang KTM station.The majority of the residents at Sri Raya Apartment are students and staff from University Kebangsaan Malaysia (UKM) and Universiti Tenaga Nasional (Uniten). However unlike most universities such as LimKokWing, students from these two local universities are generally quiet and well behaved without complaints of rowdiness or late night drinking parties.Sri Raya Apartment may not do well as a long term investment, however it bodes well as a long term rental investment; as besides being within walking distance of public transportation, there are two major universities in the area as well. Those looking for their first home may however prefer to look for a more family oriented place as tenancy turnover at Sri Raya Apartment may be on the high side which some residents might find uncomfortable.
