Sri Alam, Shah Alam

Sri Alam is a leasehold development located in Shah Alam, Selangor. The development was completed in the year 2004. Sri Alam is located right in the heart of the Sultan Salahuddin Abdul Aziz Shah Golf Club.

In Sri Alam, there are a total of three blocks, each having eight storeys. There are three types of layouts offered by the developer. Units come with 3+1 bedrooms or 4+1 bedrooms, with 2 or 3 bathrooms. Square footage ranges from 1,249 sf to 1,714 sf. The penthouses are huge with 3,000 sf and 5 bedrooms and 4 bathrooms. The units are encapsulated in a magnificent golf course with lush greenery, with great panoramic views of the surrounding forestry.

The facilities in Sri Alam are plentiful, with the centrepiece being a magnificent pool in the centre of all three blocks, inspired by the concept of an oasis. It also comes with a gymnasium, tennis court, as well as a playground. It is also in very close proximity with the said golf course; golf fanatics looking to tee off would not have to travel more than 5 minutes. The area is not gated, but guarded with 24-hour personnel patrolling the perimeter.

Accessibility to amenities from Sri Alam is rather limited, and such is the trade-off of staying on a golf course. Section 14 of Shah Alam is approximately 2.5 kilometers away, and this is where 2 malls are located namely the SACC Mall, and the Anggerik Mall. There is convenient access to banks and eateries as Section 10 less than 1 kilometer away is an established neighbourhood with many amenities readily available. Other condominiums in Shah Alam include Kemuncak Shah Alam, Metia Residence, and Studio Fourteen.

From Sri Alam, the closest hospital is Hospital Umra, which is less than 500 meters away. Others such as the Darul Ehsan Medical Centre and the DEMC Specialist Hospital are also a short drive away. It is also in very close proximity to several educational institutions such as the Management & Science University, UiTM Shah Alam, and the PTPTL College. The location is very well connected with convenient access into three highways being the Federal Highway, the Guthrie Corridor as well as the New Klang Valley Expressway (NKVE).

Property Details

• Name: Sri Alam
• Address: Jalan Kelab Golf 13/1, Seksyen 13, 40100 Shah Alam, Selangor
• Completion Date: 2004
• Type: Condominium
• Tenure: Leasehold
• No. of Blocks: 3
• No. of Storey: 8
• No. of Bedrooms: (3+1) – 5
• No. of Bathrooms: 2 – 4
• Built-up: 1,249 – 3,000 sf
• Maintenance Fee: RM234
• Subsale Price: From RM 285,000
• Rental: From RM1,650

Layouts

• Type A
• 3+1 bedrooms + 2 bathrooms (1,249 sf)
• Type B
• 4+1 bedrooms + 3 bathrooms (1,714 sf)
• Penthouse
• 5 bedrooms + 4 bathrooms (3,000 sf)

Facilities

• Gymnasium
• Swimming pool
• Tennis court
• Mini market
• 24-hour security

Analysis

Sri Alam seems to have it all, being located on top of a green and prominent golf course, strategically located in proximity to highways, good access to amenities as well as fair pricing. Shah Alam is a sound place for own stay as the infrastructure in place is sufficient to support the residential areas. In terms of investment, the rental in relation to the sub-sale price is good as well; 8 to 10% return per annum should be possible with good management of the property. Sourcing for tenants should be relatively easy as it is close to several universities, and well within the price range of normal student accommodation.