Mentari Court 2, Bandar Sunway

Mentari Court 2 is a leasehold apartment located at the prime location of Bandar Sunway. It consists of Building E, F and G of Mentari Court, which were completed around 2009. The location of Bandar Sunway itself makes it convenient to travel to other neighborhoods such as Subang Jaya and Puchong where further amenities are available. The developer is rumoured to be Selangor State Development Corporation (PKNS).

Mentari Court 2 comprises of 3 blocks of 18-storey apartments. Each unit comes with 3 bedrooms and 2 bathrooms. The neighborhood consists of other apartments and condominiums such as Ridzuan Condominium and SuriaMas. Directly adjacent to Mentari Court 2 is the Bali Leisure Commerce Square. Dataran Mentari is walking distance from the apartment, where a lot of amenities are available. There are bars, pool and snooker halls, fast food joints, and several cuisine restaurants such as Nihon Kai Japanese Restaurant and Little Korea.

Within the vicinity of Mentari Court 2, there are several primary and secondary schools, namely, Kampung Tunku Primary School, SMK Bandar Sunway and Sekolah Kebangsaan Kampung Lindungan. Bandar Sunway has also become known as an education hub for tertiary education. Several established universities are in the area, namely Monash University, Sunway University College, Taylor’s University, Inti International University and The One Academy, are all within a 3.5 km radius of Mentari Court 2.

Mentari Court 2, which is located in Bandar Sunway is a prime location simply because the entire development rests along several major highways. The Shah Alam Expressway (KESAS), Lebuhraya Damansara-Puchong (LDP), Federal Highway, and New Pantai Expressway (NPE) intersects the area. The New Klang Valley Expressway (NKVE) is also easily accessible. Behind the Mentari Court 2 building itself is the Setia Jaya KTM Station, offering easy access to KL Sentral. Buses are also easily accessible from the building but the public transport is extremely crowded during peak hours.

Property Details

• Name: Mentari Court 2
• Address: Bandar Sunway, 46150 Petaling Jaya, Selangor
• Type: Apartment
• Tenure: {Tenure}
• No. of Blocks: 3
• No. of Storey: 18
• Built-up: 770 – 773 sf
• Maintenance Fee: RM75
• Subsale Price: {Price Range}
• Rental: {Rental Range}

Facilities

• 24-hour security
• Playground
• Gymnasium
• Jogging track
• Barbecue area
• Mini market
• Convenience store
• Swimming pool
• Surau

Analysis

Due to the fact that there are several colleges and universities near the area, one can expect a steady stream of potential tenants, as a lot of foreign students are interested in renting the place. The reason for this is that the rent for Mentari Court is relatively cheap compared to other properties in the area. However, student tenants are notorious for abusing the premises; therefore it would be prudent to expect a slight bump in maintenance.

Common problems associated with Mentari Court 2 are vandalism, noise pollution, and irresponsible tenants leaving garbage everywhere. Residents report that the areas beside the elevators have turned into garbage dumps for the residents, and don’t be surprised to see cockroaches in the lifts. It is not uncommon for residents to see garbage being thrown out the window of the higher floors. The mentioned issues are common for both Mentari Court 1 and 2. There is a high density of foreign students and foreign workers in the area, which some attribute to the high crime rate in the area.

Despite Mentari Court 2’s dilapidated state, it is sound for investment purposes as there is high demand from foreigners to rent. A unit in Mentari Court in 2009 would cost RM123 psf, prices have since then risen up to RM170 psf. One unit in 2013 would set you back around RM170k and rent is at an average of RM1,050, which amounts to roughly 7.4% in returns per annum. Units that are being rented out typically do not include parking and other arrangements have to be made with the management with regard to parking. However, other tenants that do have extra parking space are renting them out at RM60 per month.