Jalan 1/54a off Jalan Rejang 1, Setapak, Kuala Lumpur 53300

2-Storey Intermediate Terrace House Taman Setapak Permai Kuala Lumpur

FACING OPEN SPACE. MOVE-IN READY. 1 UNIT ONLY.

Double-storey extended and renovated terrace house in Taman Setapak Permai, Kuala Lumpur — asking RM590K. Terrace houses in Wangsa Maju and Setapak are transacting at RM650K–RM720K. This is priced with RM147K in renovations fully completed. Zero post-purchase capital outlay required.

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PROPERTY SPECS
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Type: Intermediate double-storey terrace (extended) — Leasehold, Bumi Lot
Land area: 883 sq ft
Bedrooms: 3 | Bathrooms: 3
Car park: 1 covered + 1 open (cemented front yard-open space)
Furnishing: Partly furnished (see fixtures below)
Condition: Fully renovated, completed 2024/2025
Status: Ready for immediate occupation

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RENOVATION COMPLETED — RM147,000
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- Extended living room (significantly enlarged)
- Extended wet kitchen with new tabletop
- Kitchen store + under-staircase store added
- Front awning installed
- Full kitchen cabinet set with tabletop and tiling
- Master bathroom completely refurbished
- Bedrooms 2 & 3 renovated
- Built-in wardrobes in Bedroom 2 & Bedroom 3
- New windows across all bedrooms
- Full floor tiling — all rooms and staircase
- Ground floor toilet fully renovated
- Auto-backwash water filter system (main pipe)
- New water tank

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FIXTURES INCLUDED
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Living Room: 1.5hp aircon, ceiling fan, lighting, TV cabinet
Kitchen: Full cabinet set, water dispenser, water filter, ceiling fan, lighting
Master Bedroom: Ceiling fan, lighting
Bedroom 2: Built-in wardrobe, single bed, ceiling fan, lighting
Bedroom 3: Built-in wardrobe, ceiling fan, lighting
External (Front): Shoe cabinet, water filter point
External (Rear): Permanent store

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INVESTMENT CASE
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Estimated monthly rental: RM1,800 – RM2,200
Estimated gross rental yield: 4.0 – 4.5% per annum
Monthly instalment: From RM2,685 (RM530,000 loan, 35-year tenure)
Banks verified: RHB Bank and Alliance Bank (up to 35 years for leasehold)

Rental demand sustained by UTM KL and TAR UMT — both within 5 km. Consistent student and professional tenant pool, year-round occupancy.

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LOCATION & CONNECTIVITY
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LRT Wangsa Maju (Kelana Jaya Line): 2.5 km
LRT Sri Rampai: 3.1 km
Wangsa Walk Mall: approx. 8 minutes
AEON Big Wangsa Maju: approx. 9 minutes
Highway access: DUKE / MRR2 / AKLEH (direct)
Universities: UTM KL Campus and TAR UMT within 5 km radius

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FREQUENTLY ASKED QUESTIONS
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Q: Can I get a bank loan for a leasehold property?
A: Yes. RHB Bank and Alliance Bank both offer loan tenures of up to 35 years for this property. Financing has been independently verified.

Q: What is the estimated monthly instalment?
A: From approximately RM2,685/month based on a RM530,000 loan over 35 years, subject to credit profile and prevailing BLR.

Q: Is this priced below market?
A: Yes. Comparable units in Wangsa Maju and Setapak are currently transacting at RM650,000–RM720,000. This listing is priced RM60,000–RM130,000 below that range.

Q: Do I need to spend more after buying?
A: No. The RM147,000 renovation is already completed and absorbed into the asking price. Unit is move-in ready with no additional works required.

Q: What is the rental potential?
A: Estimated RM1,800–RM2,200 per month, translating to a gross yield of 4.0–4.5% p.a. Demand is anchored by the student and professional population from UTM KL and TAR UMT.

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BOOK A VIEWING
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Viewing slots are limited. Contact me directly for a viewing appointment and FREE loan comparison report.

Naz Shoblee | Registered Estate Agent (E2615) | NAS Realty
019-7874545