Permai Villa, Puchong

Permai Villa is a leasehold condominium located at Taman Puchong Permai, Puchong. It is sited within close proximity to Puchong Permai Flat and also the Uptown Bazaar Heritage Puchong. It offers units with built-up area of about 960 sf with 3 bedrooms and 2 bathrooms. The facilities provided are covered parking lots, 24-hour security, swimming pool and tennis court.

There is an abundance of amenities located within 10 minutes of walking from Permai Villa where the shop lots area at Taman Puchong Permai is located. It offers a wide selection of restaurants, sundry shops, mini market, work shops, saloon, KK Mart, McDonald and also 7-Eleven convenience store. There are several clinics that are within 5 minutes short walk namely Klinik Widury and Klinik Bandaran. One can also go to more established medical center such as Sunway Medical Centre which is situated about a 13 minutes drive away for more extensive medical care and facilities.

The nearest school situated to Permai Villa is SMK Puchong Perdana which is less than a 15 minutes walking distance from the condominium. Other schools such as SK Puchong Indah, SK Taman Puchong Utama 3, SK Kebangsaan USJ 23 requires at least 15 minutes driving distance away. It is accessible using Jalan Puchong Permai 2, Persiaran Puchong Permai and Damansara-Puchong Highway.

Property Details

• Name: Permai Villa
• Address: Persiaran Puchong Permai, 47100, Selangor
• Type: Condominium
• Tenure: Leasehold
• No. of Bedrooms: 3
• No. of Bathrooms: 2
• Built-up: 960 sf
• Maintenance Fee: RM105
• Subsale Price: RM130,000 - RM398,000
• Rental: RM850 - RM1,400

Facilities

• Covered parking lots
• 24-hour security
• Swimming pool
• Tennis court
• Clubhouse
• Function room
• Multi-purpose hall
• Playground
• Mini market
• Laundry

Analysis

Permai Villa is a good source of investment as there are many students from Lim Kok Wing Cyberjaya and Multimedia University who prefer to rent room and house which is a cheap option for them despite its far distance from the university. Rental yields at Permai Villa are expected to rise in the coming years and if you have the extra money, you may want to consider getting yourself a unit there as a side income from the rental yields.

However you see it, considering the budget and the rental yield, Permai Villa can be a good deal for those with limited budget but still wants to do some property investment. If you are planning to acquire a unit as your own home, it is also a good choice as locality wise, it is considered strategic due to the many amenities nearby.

However, as many would have already known, traffic congestion within Puchong area can be quite hectic during the rush and peak hours. This can be quite frustrating as one can really be stuck in a jam for quite some time considering Puchong is one of the busiest townships within Selangor. Nevertheless, upcoming LRT will unlock the value of Permai Villa, which is between 2 in-progress LRT stations, and the distance is around 800m. The completion ofLRT in 2014 is expected to relieve the traffic jam in the area.

Other than that, a new development is set to take place near Permai Villa. M-Square, with Hilton Inn in Puchong Perdana that is about 1.5 km distance from the condominium, will also be completed in 2014. This huge project will bring people’ attention to property nearby. Therefore, Permai Villa is worth for investment, and it considered as one of the affordable and decent place to stay.