Rampai Business Park, Setapak

Rampai Business Park in Taman Sri Rampai, Setapak was completed in 2007. 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. The population catchment of this area is over 300,000 people from the surrounding residential neighborhoods.

Rampai Business Park consists of 2-storey and 3-storey shop lots. There are 106 units here, all within a 22′ × 80′ built-up area. These spaces 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.

This location of Rampai Business Park is easily accessible via Jalan Genting Klang, Jalan Pahang, Jalan Jelatik, Jalan Ampang, and the Middle Ring Road II (MRR2). The closest public transportation link is the Wangsa Maju RapidKL station, which is around 1 km away.

Property Details

• Name: Rampai Business Park
• Address: Taman Sri Rampai, Setapak, Kuala Lumpur
• Developer: Pancaran Nilai (M)
• Completion Date: 2007
• Type: Commercial
• Tenure: Leasehold
• No. of Storey: 2 & 3
• No. of Units: 106
• Built-up: 22′ × 80′
• Launch Price: From RM783,038

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 at Rampai Business Park was sold for RM1.2 million, which provided the owner with about RM400,000 profit. Existing tenants include Old Town, Papa Rich, retail outlets, and more.