Suria Magna

Suria Magna is a 14-storey low-cost apartment in Kepong. It is adjacent to Casa Magna, Plaza Metro Prima, Mutiara Magna, Pelangi Magna and Plaza Prima. The apartment is part of Metro Prima, a residential and commercial integrated township in Kepong. Suria Magna that is situated on a freehold land was developed by Magna Park Sdn Bhd as part of its mixed development plan design. The building consisted of two blocks of 14-storey high rise building, housing 504 units. Each unit comes in 640 sf size with 3 bedrooms and 2 bathrooms. Being a highly subsidised unit, a unit bought from DBKL in 2012 costs a mere RM25,000. The price had not changed since a recorded transaction in 1998.At Suria Magna, there is a carpark, a playground, a community hall and a playschool within Suria Magna's compound. Nearby amenities include schools, numerous banks, restaurants, shopping malls (Jusco Metro Prima and Carrefour Kepong) while Hospital Sungai Buloh and Hospital Selayang are a short drive away. Public transportation is pretty good nearby Suria Magna area with Kepong KTM just one kilometer away from Suria Magna and also having several bus services plying this area. Access roads include the Middle Ring Road 2 (MRR2), Selayang - Kepong Highway and Jalan Kepong. Hence, travelling to Mont Kiara, Petaling Jaya, Kuala Lumpur city centre and Ampang is quite convenient.

Property Details

Name: Suria Magna

Address: No. 2, Jalan Prima 3, Metro Prima, 52100 Kepong, Kuala Lumpur

Developer: Magna Park Sdn Bhd

Completion Date: 1998

Type: Apartment

Tenure: Freehold

No. of Blocks: 2

No. of Storey: 14

No. of Units: 504

Built-up: 640 sf

Subsale Price: RM102 - RM125 psf (RM65,000 – RM80,000)

Rental: RM450 – RM500

Facilities

Lift

Playgrounds / fields

Market Trends

Analysis

Suria Magna is part of the fast developing township of Metro Prima, resulting in a vast number of amenities available in this area. On top of that, there are quite a few industrial parks in the vicinity of Suria Magna, for example the Sri Edaran Light Industrial Park. With this and the many shops and shopping malls nearby, demand for housing is high. Thus, making Suria Magna a viable investment.Suria Magna was constructed to relocate the squatter colonies who previously occupied the land. The developer generously offered RM25,000 per unit, instead of taking up the ceiling price of RM42,000. To be eligible for the scheme, one would have to register with CHKL under the Open Registration System.Suria Magna is not without faults. In 2005, a ten-year old boy met his death after falling through a faulty lift shaft. Lifts breaking down was a common occurrence for the residents at the time. After the tragedy, the management intended to install CCTV camera inside the lifts, hiring two security guards for night security and employ an on-site lift technician instead of outsourcing.