Rampai Business Park in Taman Sri Rampai, Setapak was completed in 2007 at the junction of Jalan 2/27a and Jalan Kilang. Developed by Pancaran Nilai on leasehold land, this commercial development is situated in the heart of Kuala Lumpur, next to the established townships of Gombak and Wangsa Maju.Rampai Business Park consists of 2-storey and 3-storey shop lots. There are 106 units here, all within a 22 x 80 ft dimension. The spaces here are in a free space arrangement, which is great as many different types of businesses can operate from these shop lots as they can configure it to their liking. The original price of these shop lots were RM783,038, but has greatly appreciated since. Perhaps, it is due to the opening of Sri Rampai LRT Station that complement the existing Wangsa Maju LRT Station.The population catchment surrounding the Rampai Business Park area is over 300,000 people from the surrounding residential neighborhoods. Many shops have taken residence here including restaurants, banks, beauty salons, car accessories, laundry, clinics and convenience stores. Among the amenities nearby are Sri Utama Primary and Secondary School, National Immigration Department and National Registration Department.This location of Rampai Business Park is easily accessible via Jalan Genting Klang, Jalan Pahang, Jalan Jelatek, Jalan Ampang and the Middle Ring Road II (MRR2). There are four entry points to the enclave, and there are two bus stops nearby them. The buses will take the commuters to Wangsa Maju LRT Station, which is around 1 km away.
Property Details
Name: Rampai Business Park Address: Taman Sri Rampai, Setapak, Kuala Lumpur Developer: Pancaran Nilai Completion Date: 2007 Type: Shop Lot Tenure: Leasehold No. of Storey: 2 & 3 No. of Units: 106 Dimension: 22 x 80 ft Launch Price: From RM783,038 Subsale Price: Rental: Analysis
Rampai Business Park consists of shop lots in an excellent location. Next to this area, they are building residential dwellings as well as factories so investment in Rampai Business Park should be good for the long-term. There are excellent returns, and future capital appreciation is guaranteed. Recently, a 3-storey shop lot here was sold for RM1.2 million, which provided the owner with about RM400,000 profit. Existing tenants include Old Town, PappaRich, retail outlets and more.Despite having being around for several years, there are still plenty of unopened shop lots at Rampai Business Park. While the place is not a ghost town, the hype for the place is not really there. There are always parking space available for the visitors. Perhaps, people rather to frequent the nearby shopping malls, Alpha Angle and Wangsa Walk for dining or shopping.
