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Continue Reading ⋅ 30 January 2023
Sunway Gandaria comprises retail and residential components, and it is located in the heart of Pusat Bandar Baru Bangi. It has a gross development value of RM226 million, with RM51 million coming from the retail outlets and RM175 million from the residential tower. The leasehold project was launched in early 2016, and was completed in 2020.
The project is touted as the “Peak of Bangi” by Sunway Property, and its 38-storey tower overlooks Bangi Golf Resort and Taman Tasik Cempaka. It is also deemed to be the “final Jewel in Bangi”, being the final prime development by Sunway Property at Pusat Bandar Baru Bangi. The area has transformed from a small industrial town to a busy satellite city, and it has even been crowned as “Knowledge City”.
Sunway Gandaria is built on 2.05 acres and comprises 259 units of service apartment and 34 retail units. Gandaria is actually derived from two Malay words – “ganda” and “ria”, which translates to double happiness. Sunway Gandaria is developed to deliver a modern lifestyle, where residents can live within a secure community with convenience at the doorstep.
The Sunway Gandaria residential component is made for low-density occupancy, which provides privacy and tranquillity despite being located in the midst of the bustling knowledge city of Bangi.
Address: Jalan Medan Pb 2a, Bandar Baru Bangi, 43650, Selangor
Developer: Sunway Bangi Sdn Bhd
Property Type: Mixed development – Service Apartment & Retail
Land Area: 2.05 acres
Land Title: Commercial
Tenure: Leasehold (expiry 2115)
No. of Blocks: 1
No. of Storeys: 38
Total Units:
- Service apartment: 259 units
- Retail: 34 units
Sales Gallery: UG-13A, Jalan Pusat Bandar 2, Seksyen 9, 43650 Bandar Baru Bangi, Selangor
Year of Completion: 2020
Built-up Area: 949 sq ft – 1,624 sq ft
Facilities – Level 8:
- Swimming pool
- Jacuzzi
- Wading pool
- Children’s playground
- Creche
- Surau
- Hammock area
- Management office
- Multi-purpose hall
- BBQ area
- Changing rooms & toilets
- Sauna
- Seating area
- Yoga deck
- Gym
- Cabana
Launch Price: From RM491,000
Project Details
This leasehold development is the tallest landmark within the vicinity. Sunway Gandaria is targeted at first-time owners, upgraders, and business owners who demand value while capitalising on the growing expansion of the Southern Klang Valley development corridor as an optimal business and residential hub.
Built-ups for the retail units range from 984 sq ft to 6,231 sq ft, while the residences range from 949 sq ft to 1,624 sq ft. Retail units were priced from RM1 million to RM3 million and the residences were from RM550,000 to RM750,000.
The 259 residential units occupy level 9 to 37, and a typical floor consists of 9 units. Type A units are assigned unit number 03, 03A, 05, 06, and 07 on each floor. Type B units are assigned unit number 01 and 02 on each floor, while Type C units has an overall built-up of 1,405 sq ft. On Level 9, there are specially designed units – Type B1, B2 and C1 – each with built-ups of 1,354 sq ft, 1,338 sq ft and 1,624 sq ft respectively. These units also include a garden area. Every unit at Sunway Gandaria comes with 2 parking bays.
Here’s a quick look at the storey plan:
- Retail: Level UG & 1
- Carpark: Level LG, Level 2 to 8
- Units: Level 9 to 37
Facilities on Level 8 include a swimming pool and wading pool, children’s playground, yoga deck, cabana, hammock area, and gymnasium. Do refer to the full list in the Introduction area. For security, there’s a multi-tier security system, with CCTV surveillance.
|
Unit Types |
Built-Up |
|
Type A |
· 949 sq ft · 3 bedrooms · 2 bathrooms |
|
Type B |
· 1,157 sq ft · 3 + 1 bedrooms · 2 bathrooms |
|
Type B1 |
· 1,354 sq ft |
|
Type B2 |
· 1,338 sq ft |
|
Type C |
· 1,405 sq ft · Dual key (1 studio) · 3 bedrooms · 2 bathrooms |
|
Type C1 |
· 1,624 sq ft |
Location
Sunway Gandaria is accessible via 8 major highways, from the North-South Highway by exiting the Kajang or Putra Bangi interchanges, or via the Kajang Dispersal Link Expressway (SILK) at the Kajang interchange via Jalan Reko, North Klang Valley Expressway (NKVE), South Klang Valley Expressway (SKVE), Kajang-Seremban Highway (LEKAS), North-South Expressway Central Link (ELITE), Cheras-Kajang Expressway, and Sistem Lingkaran-Lebuhraya Kajang.
Residents also benefit from its proximity to the MRT Line 1 Kajang station, the MRT Line 2 Putrajaya station and the Putrajaya-Kajang BRT line. Here is its distance to popular destinations:
- Kajang – 8.3km
- Country Heights – 13.2km
- Putrajaya / Cyberjaya – 18km
- KL / PJ – 26.9km
- Seremban – 41.2km
The area has easy access to more than 20 schools and universities, banks, and other essential amenities. There’s also a McDonald’s, Shell petrol station, and Hotel Equatorial within a 5km radius. Schools close to Sunway Gandaria аrе SK Sungai Rаmаl Dаlаm, Sеkоlаh Rendah Agаmа Sungai Ramal Dаlаm, SMK Bаndаr Bаru Bangi, and SK Bandar Bаru Bаngi. The universities close to the development could translate to a potential rental market.
Accessibility
- Kuala Lumpur-Seremban Expressway via North-South Highway
- Kajang Dispersal Link Expressway (SILK) via Kajang Interchange (via Jalan Reko)
- North Klang Valley Expressway (NKVE)
- South Klang Valley Expressway (SKVE)
- Kajang-Seremban Highway (LEKAS)
- Putrajaya Link (ELITE)
- Cheras-Kajang Expressway
- UKM KTM station – 6.8km
Education
- SK Sungai Rаmаl Dаlаm
- Sеkоlаh Rendah Agаmа Sungai Ramal Dаlаm
- SMK Bаndаr Bаru Bangi
- SK Bandar Bаru Bаng2
- Infrastructure University Kuala Lumpur (IUKL) – 4.4km
- Universiti Tenaga Nasional (UNITEN) – 4.9km
- Universiti Putra Malaysia (UPM) – 5km
- Universiti Kebangsaan Malaysia(UKM) Bangi – 7.1km
- EPF Learning Centre – 7.8km
- German-Malaysian Institute – 8.8km
Medical Care
- Hospital Pakar – 350m
Shopping
- Kompleks PKNS Bangi – 400m
- KipMall Bangi
- Bangi Gateway Shopping Complex
- Plaza Paragon Point – 350m
- Giant – 1.9km
- Jaya Grocer – 5km
- IOI City Mall – 13.9km
Recreation
- Taman Tasik Cempaka – 900m
- Bangi Golf Resort – 2km
- Danau Golf Club – 5.8km
Analysis
Sunway Gandaria retail units should benefit from the catchment of 1,000 residents within the development itself, and a population of more than 500,000 from the surrounding areas of Bangi, Kajang and Nilai.
Whether you’re looking for own-stay or for investment, there could be constant demand due to its proximity to universities and infrastructure. Available listings in PropertyGuru in August 2021 show that the asking monthly rental for 949 sq ft units are from RM2,000 to RM2,500, while purchase prices are asking about RM500,000.
So, if the unit is rented out at RM2,300 per month, then the approximate gross rental yield would be 5.52% per annum. Students might look for places with lower rental, so property investors could target the working professionals there.
The area is often busy during the daytime, judging by the number of cars around the area. It should be quieter at night as the commercial area does not have much entertainment outlets.
Here’s a look at residential properties in or near Bandar Baru Banig / Bangi / Kajang.
|
Project |
Land Tenure |
Property Type |
Completion |
Built-up |
Approximate Launch Price |
|
Sunway Gandaria in Seksyen 9 by Sunway Group |
Leasehold |
Service Apartment |
2020 |
949 sq ft – 1,405 sq ft |
From RM491,000 |
|
Almyra Residences by IOI Properties Group Berhad |
Freehold |
Service apartment |
2017 |
969 sq ft – 1,217 sq ft
|
From RM360,800
|
|
EVO SoHo Suites by PKNS-Andaman Development Sdn Bhd |
Leasehold |
SoHo Apartment |
2017 |
454 sq ft – 1,352 sq ft |
From RM240,000 |
|
Crescent Park Town Villa by Lion Group Property |
Freehold |
Town villas |
2018 |
1,609 sq ft – 1,872 sq ft
|
From RM496,000 |
|
Rimbawan Residences @ De Centrum by Protasco Bhd |
Freehold |
Condominium |
2019 |
872 sq ft – 1,332 sq ft |
From RM571,000 |
|
Cerrado in Southville City by Mah Sing |
Freehold |
Serviced Apartment |
2020 |
656 sq ft, 825 sq ft, 828 sq ft |
From RM388,000 |
|
Verna at Serene Heights by UEM Sunrise Bhd |
Freehold |
2-storey terrace house |
2022 |
1,814 sq ft – 1,939 sq ft |
From RM652,800 |
|
Frischia at Serene Heights by UEM Sunrise Bhd |
Freehold |
2-storey terrace house |
2022 |
2,225 sq ft – 2,497 sq ft
|
From RM745,800 |
|
Edence & Florence @ Setia Alamsari by SP Setia |
Freehold |
Double-storey semi-detached house |
2022 |
From 3,118 sq ft |
From RM1.52 million |
Summary
Sunway Gandaria is indeed in a good location, in the heart of Seksyen 9, which is walkable to many amenities. Comments in online forums also point that it is both ideal for own stay or investment. The other high-rise in the area is EVO SoHo. Another plus point is that the development is low-density.
So, if you’re interested in a 949 sq ft unit at Sunway Gandaria that’s priced at RM500,000, here are its estimated loan figures based on the PropertyGuru Home Loan Calculator and PropertyGuru Home Loan Eligibility and Affordability Calculator.
- LTV / margin of finance: 90%
- Down payment (10%): RM50,000
- Loan amount: RM450,000
- Loan term: 30 years
- Interest rate: 3.2%
- Monthly repayment: RM1,946
- Approximate required gross annual income: RM78,000*
* Assumptions: You have no other monthly debt obligations, and 30% of gross income is spent on the housing loan. As a rule of thumb, banks usually loan up to 30% of your gross annual income.
Can you afford the loan for Sunway Gandaria?
To know exactly how much home loan you can get from the banks and whether you can afford this property, use the FREE PropertyGuru Loan Pre-Approval online service. It has a 99.9% accuracy, so you can avoid loan rejections!
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