With at least 10 affordable housing programmes initiated by the government, the Klang Valley has many pockets of areas for affordable properties near the LRT.
In Klang Valley where prices are sky-high, properties with easy access to train stations are among the least affordable assets. Many homeowners forge out their entire life savings to buy a comfortable home. In the past couple of years, the government has designed several affordable housing programmes such as PR1MA, RUMAWIP, Rumah Selangorku and many more in a bid to help Malaysians to own their first property.
Recently, private developers have joined the rank in providing the nation with more affordable options. However, affordable homes, more often than not – they are located in the outskirts of Klang Valley such as Kajang and Rawang.
Travelling to KL downtown is a stretch while there are not so many options for public transportation. This is the reason why no matter how wallet-friendly the prices are, most people would hesitate to purchase these properties unless they are located in the popular neighbourhood such as Bangsar or TTDI.
Now, with private developers being part of the plan, it seems likely that more Malaysians will be able to afford a house at key areas. But are there private developers offering affordable housing?
We first need to know what exactly defines affordable housing? Based on a report in The Star, with a national median monthly household income at RM 5,228, houses that would be considered affordable would cost around RM188,000, or three times a household’s median annual income. Using the estimation of cost, affordable homes would be priced in the range between RM 200,000 to RM 250,000.
Also, make sure to find out what is your maximum home loan eligibility using the debt-to-service ratio (DSR) method. You can do this easily via the iProperty.com.my’s Home Loan Eligibility Tool also known as LoanCare in just three easy steps.
It sounds like an impossible dream, but all is not lost. There are still some affordable gems in the city where you can shop around and get a foothold. We’ve scoped out 5 RUMAWIP projects in the Klang Valley with easy access to LRT and the prices you can expect there.
Let’s get started!
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1. Residensi Aman Bukit Jalil
Residensi Aman, Bukit Jalil is located at Taman Impian Indah, Mukim Petaling. This apartment is made up of two towers – A and B. A total of 1,260 residential units are open for RUMAWIP applicants. Just like any residence, Residensi Aman has facilities like a nursery, swimming pool, wading pool, car parks, gymnasium as well as 24-hour security. Besides, it is about 20km away from KL downtown and is served by Alam Sutera LRT station.
- Price: RM 300, 000
- Date of completion: 31 December 2022
- Built-up size: 900 sq ft
Getting around: The nearest train station is Alam Sutera LRT station. It is within 2km away from the property. From platform 1, Sri Petaling LRT Line goes to Sentul Timur and Ampang via Chan Sow Lin while platform 2 heads to Putra Heights, which is one of the stops for the Kelana Jaya Line. Residensi Aman Bukit Jalil is located next to Impiana Sky Residensi.
2. Residensi Rampai II
Residensi Rampai II is part of a RUMAWIP project at Setiawangsa. This apartment is made up of two blocks – A and B. There’s a total of 616 residential units where the entire block B (308 units) is open for RUMAWIP applicants. This apartment complex has facilities like a fully equipped gymnasium, multi-purpose hall, badminton court, BBQ area and swimming pool. Not just that, Residensi Rampai II is located in a strategic layout as Rampai Business Park, Setapak Central Mall and Platinum Walk are a stone’s throw away.
- Price: RM 300, 000
- Date of completion:30 June 2021
- Built-up size: 800 sq ft
Getting around: The closest LRT station is Taman Melati, which about 3.5km away and about 10 minutes’ drive from the apartment. This station lies on the Kelana Jaya Line. Residensi Rampai II is neighboured by Apartment Dahlia.
READ: 17 properties in Kuala Lumpur within 1km from the LRT Kelana Jaya Line
3. Vista Wirajaya 2 @ Residensi PV9
Vista Wirajaya 2 is another RUMAWIP project in Setapak for you to look for! This 21-storey condominium offers 105 units for eligible Malaysians to apply. It comes with a swimming pool, playground, convenience shop and a lot more.
On top of that, the location is strategic as Tunku Abdul Rahman University College (TARC) is only a stone’s throw away while the closest LRT station is Taman Melati. The KL City Centre is about a 30-minute drive away from Vista Wirajaya 2 and is connected via Jalan Genting-Kelang and Jalan Tun Razak. Vista Wirajaya 2 is strategically located next to the M3 Residency.
- Price: RM 300, 000
- Date of completion: 31 December 2020
- Built-up size: 850 sq ft
Getting around: Taman Melati LRT station is 600 m away and it’s only a 3 minutes’ drive from the property. Commuters can also take RapidKL bus services from the station:
- T205: Taman Melati LRT Station- Wangsa Maju LRT Station – Danau Kota
- T226: Taman Melati LRT Station – Taman Melewar
- U5: Lebuh Ampang – Jalan Gombak – Taman Melati LRT Station
4. Residensi Akasia Permaisuri
Residensi Akasia Permaisuri is located at Bandar Sri Permaisuri, Cheras. This project consists of 200 condominium units in a single 24-storey building. This low-density condominium has many facilities within its proximity such as UKM Hospital, Taman Tasik Permaisuri, as well as clinics, banks, commercial centre, and restaurants.
- Price: RM 300, 000
- Date of completion: 31 June 2021
- Built-up size: 807 sq ft
Getting around: This condominium has easy access to the Sungai Besi Expressway, East-West Link Expressway, and MEX. The closest train station is Cheras LRT station that is 1.1 km (3 minutes’ drive) away from the property. Besides that, it is one of the stops for Sri Petaling-Sentul Timur Line. This line merges with the Ampang bound line and stops at Chan Sow Lin LRT station for interchange to other intercity destinations.
Properties near Residensi Akasia Permaisuri:
5. Ritz Communities @ Salak South
Don’t let your dream to own a first home diminished. Check out Ritz Communities for affordable housing as RUMAWIP offers 1,120 units for eligible first-time home buyers. This condominium consists of two blocks and it is located in a prime area. Furthermore, Salak South is adjacent to other townships like Cheras and Sungai Besi, plus it has easy access to highways such as BESRAYA and KL – Seremban Highway. Not just that, this condominium also has facilities like swimming pool, gymnasium, playground and a lot more.
- Price: RM 300, 000
- Date of completion: 31 December 2020
- Built-up size: 800 sf
Getting around: The closest train station is Bandar Tasik Selatan LRT station. It is located 3.8 km away from the property or a 6-minute drive. Furthermore, the station is connected to the public transportation hub, Terminal Bersepadu Selatan (TBS). This integrated terminal connects
- Ampang Line LRT to other parts of KL city centre
- KTM Bandar Tasik Selatan
- ERL KLIA Transit
- Buses to southern destinations including Singapore
Properties near Ritz Communities:
ALSO READ: 10 most expensive homes sold in Malaysia for 2019
The government has made it possible for many first-time homebuyers to get a foothold. With the affordable housing programmes, the younger generations especially have many opportunities to own comfortable home at decent locations, as well as easy connectivity. Check out iProperty.com, my for more affordable residential properties in Malaysia near the train stations and don’t forget to calculate your DSR first using LoanCare!
NOTE: Distances to amenities listed are calculated using Google Maps, while exact coordinates of each project were obtained from the individual RUMAWIP project’s website page.