Ridzuan Condominium ( Near Sunway Pyramid )

Ridzuan Condominium is a leasehold condominium nestled in [Bandar Sunway] vicinity. It stands right next to PJS 10 Park and neighbours Subang Ville Ehsan, Aman Luxury and Sunway Suriamas.

Plenty of amenities can be found nearby Ridzuan Condominium. Right next to the condo, there is a large park that comprises of children's playground, a lake, jogging track and lush greenery. Also, Subang Ria Recreational Park is just mere minutes of walking from the condominium.

Besides that, Ridzuan Condominium is also located across SK Kg. Lindungan. Sunway Mentari Business Park, a large commercial centre, is just within 15 minutes of walking from Ridzuan Condominium. Sunway Pyramid is also reachable by foot.

In terms of accessibility, Ridzuan Condominium is mere minutes away from numerous expressways including New Pantai Expressway, Damansara-Puchong Expressway (LDP), Federal Highway and KESAS.

Property Details

* Name: Ridzuan Condominium
* Address: Jalan PJS 10/11, Bandar Sunway, Selangor
* Type: Condominium
* Tenure: Leasehold
* No. of Blocks: 3
* Built-up: From 590 sf
* Subsale Price: RM180 psf
* Rental: RM1.34 psf

Facilities

* Swimming pool
* Tennis court
* Mini-market
* Restaurant
* Laundrette
* Gymnasium
* Squash court
* Covered car park
* Children's playground
* 24-hour security

Analysis

Majority of residents at Ridzuan Condominium are students. Most of them are students from Taylor's University College. The university college is reportedly to be relocated to a proper large campus in near future, most probably in early 2010. The new campus will located behind Lagoon Perdana, besides McDonald and Caltex.

Even though owners will lose stuents of Taylor's as tenants, they should not worry much as the condominium does not depend too much on those students. There are also plenty of other institutions nearby, including Monash University, Metropolitan, The One Academy, INTI College and Sunway College.

Traffic congestion around the area is bad during peak times. During these hours, you might be trapped for hours in traffic at NPE, LDP and Federal Highway. This problem is mainly due to these expressway are being used by motorists who are coming from Puchong, Subang USJ, Subang and even Shah Alam towards Petaling Jaya and the city centre.

Parking is also an issue at Ridzuan Condominium. As most of the residents are youngsters, there are several cars owned by each unit. Hence, due to the limitation of car park, they opt to park at the roadside which causes congestion.

Most investors here love Ridzuan Condominium as it delivers high and decent rental yield. They enjoy 7% to 9% of gross rental yield. But due to the newly completed Sunway Suriamas, right across it and Taylors University College relocation plan, the return might not be as good as it used to be.