Mentari Court

Jalan PJS 8/9, Taman Seri Mentari, Bandar Sunway, Selangor

About this project

Developed by Mentari Group, Mentari Court 1, a leasehold 18 storey - 4 block (A, B, C, & D) - apartment development, is located at the Northern edge of Bandar Sunway. It has a second phase called Mentari Court 2 comprising blocks E, F, & G. Both are high density apartments meant originally for the lower classes to lower-middle classes, especially low- income group families and factory workers. But now the majority of their dwellers are students, both local and foreign, although there are a smaller percentage of families and factory workers living here. Because Mentari Court 1is located adjacent to the Federal Highway and the flourishing shop office lots of Sunway Mentari Township, and still within walking distance from Sunway Pyramid Shopping Mall, it is considered prime residences. Adding to this positive note, there are major academic centres located nearby also providing numerous students as rental tenants. The area south of Mentari Court 1 is also a ‘Hot Spot’ bustling commercial centre. However, there are many complaints about the property’s cleanliness and safety, as rubbish is constantly thrown or left carelessly in and around the property by its residents or foreign types ‘hanging’ around there. Location
Mentari Court 1 is strategically located with KTM Setia Jaya station just behind it, the lebuhraya Damansara-Puchong nearby and the commercial centre just across the road from it. There are popular food outlets like Mcdonald’s, Domino’s Pizza, Pizza Hut, Oldtown White Coffee, and San Francisco Coffee minutes’ walk away only. Spoiling its residents further is a host of restaurants which serve Thai or Chinese or Japanese or Korean to Malay and Indonesian food. There also are banks, ATM machines, clinics, hair salons, hotels, inns, beauticians, karaoke centres and many business offices too. And to top things of it is still within easy rich of Sunway Pyramid and Bandar Sunway shops not to mention Sunway Lagoon and Sunway Resort Hotel & Spa. Buses ply along the LDP and Jalan PJS 8/9 with bus-stops at key spots for the benefit of dwellers of many residences here. Shell, Caltex and BHP petrol stations are conveniently close to this property also. This development is easily accessible from the LDP, Federal, and NPE Highways which all help link this property to other areas like Puchong, Subang Jaya, Kelana Jaya, Klang and the rest of Klang Valley. SK Kampung Lindungan, Sri KL, SMK Bandar Sunway and Kampung Tunku Primary School are some of the schools within a short drive distance away from this property. Wawasan Open University and Kasturi College International are actually just 10 and 5 minutes’ walk away respectively. Sunway and Subang Jaya Medical Centres are conveniently nearby also. Analysis
Bandar Sunway is really a prime residential and commercial area with lots of important academic schools, colleges and universities, all of which make Mentari Court 1 highly sort after. It offers lower cost accommodation not only to students but to lower income groups that in other cases, would not allow them to afford staying in such a popular area. So because of all the above, Mentari Court 1 is an ideal property for rental investment and even for capital gains.
Property Type
Condominium/Apartment
Beds
2 - 3 bedrooms
Built up
538 sqft - 1776 sqft
Tenure
Leasehold
Transacted Price
RM 22,000 - RM 690,000
Asking Price (Sale)
RM 194,400 - RM 450,000
Asking Price (Rent)
RM 600 - RM 1,500

Facilities & Amenities

  • done
    24-hour Security
  • done
    Badminton Court
  • done
    Basketball Court
  • done
    Swimming Pool
  • done
    Fitness Centre
  • done
    Jogging Track
  • done
    Park and Garden
  • done
    Banquet Hall
  • done
    BBQ Area
  • done
    Convenience Store
  • done
    Eatery and Bar
  • done
    Nursery

Location

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Past Transactions

Transaction DateAddressBuilding TypeFloorsLot SizePrice PsfPrice

Historical Monthly Price Range & Volume

Profitability

Profitable Transactions (Limited to 5 Total of 154 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
03 Nov 1402 Dec 21764 ft²432292107,0005.7
08 Apr 1428 Oct 21775 ft²406196165,00010.3
04 Oct 1620 Oct 21775 ft²33529730,0002.5
12 Jan 1222 Jul 21775 ft²32320395,0005.1
14 Feb 1724 May 211,658 ft²22921130,0001.9

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed. In addition, there are 149 more profitable transactions.

Unprofitable Transactions (Limited to 5 Total of 31 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
17 Aug 1722 Sep 20775 ft²426439-10000-1
06 Jun 1620 Mar 19764 ft²268269-500-
23 Nov 1524 Dec 18775 ft²297327-20000-2.7
17 May 1825 May 18764 ft²391458-51500-99.9
26 Jul 1727 Jul 17764 ft²301323-20000-100

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed. In addition, there are 26 more unprofitable transactions

Affordability

  • Down Payment (10%)RM 0
  • Loan Amount (%)RM 0
  • Tenure Years0 Years
  • Interest Rate0%
  • Loan Amount 90%
  • Down Payment 10%
Monthly Installment

RM 0±

Mortgage Provided by Hong Leong Bank

Maintenance Fees

RM 0 ±

RM 0 psf (0 sq ft)

Total Monthly Expenses

RM 0±

Disclaimer

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