Description
Kepayan Ridge Flat – 4 Rooms| RM1,450 Monthly Rental| 8.3% Gross Yield
📍 Block A9, 2nd Floor, Kepayan Ridge, Kota Kinabalu
💰 ASKING PRICE: RM210,000
A GREAT OPPORTUNITY FOR INVESTORS LOOKING FOR AN AFFORDABLE PROPERTY WITH EXISTING RENTAL INCOME!
Looking for a property in a strategic Kota Kinabalu location that already generates rental income?
This well-maintained and renovated Kepayan Ridge flat offers an attractive investment proposition, with the original 2-room layout converted into 4 rooms, currently generating a total rental income of approximately RM1,450 per month.
🏠 PROPERTY DETAILS
• Kepayan Ridge, Block A9
• 2nd Floor
• Approx. 550 sq ft
• Originally 2 rooms – renovated into 4 rooms
• 1 bathroom
• Well maintained
• Rooms currently rented out
• Existing total rental: RM1,450/month
• No management/maintenance fee collection
• Suitable for investment or own occupation
💰 INVESTMENT HIGHLIGHTS
At the asking price of RM210,000:
💵 Monthly rental income: RM1,450
💵 Annual rental income: RM17,400
📈 Gross rental yield: approximately 8.3% per annum
The unit is already generating rental income, giving the new owner the advantage of acquiring a property with an existing income stream.
The 4-room configuration also provides flexibility to continue with room rental, subject to the buyer's preferred rental arrangement.
A RM210,000 property generating RM1,450/month in rental income is an attractive proposition for investors looking for an affordable entry into the Kota Kinabalu property market.
📍 STRATEGIC KEPAYAN LOCATION
Kepayan Ridge is an established residential area with convenient access to Jalan Penampang, Jalan Banjaran, Jalan Lintas and the surrounding Kota Kinabalu/Penampang areas.
The location is particularly attractive to tenants working in the Kepayan, Lintas, Penampang and Queen Elizabeth Hospital areas.
Nearby amenities include:
🏥 Queen Elizabeth Hospital – approximately 1.6 km / a few minutes' drive
🛍️ Central Shopping Plaza – approximately 750 m
🛒 88 Market Place / commercial area – approximately 2 km
🏫 SJK (C) Shan Tao – located within Kepayan Ridge itself
🏫 Kota Kinabalu High School – within the surrounding Kepayan/Penampang area
🏙️ Kota Kinabalu City Centre – approximately 10 minutes' drive
✈️ Kota Kinabalu International Airport – approximately 10 minutes' drive
🏖️ Tanjung Aru – approximately 10 minutes' drive
The area also benefits from convenient road connections towards Kota Kinabalu, Penampang, Lintas and the airport, making it practical for working tenants and students.
⭐ WHY CONSIDER THIS PROPERTY?
✅ RM210,000 asking price
✅ 4 rooms after renovation
✅ Approx. 550 sq ft
✅ RM1,450/month existing rental income
✅ Approx. 8.3% gross rental yield
✅ No management/maintenance fee collection
✅ Well maintained
✅ Existing tenants / rental income
✅ Strategic Kepayan location
✅ Close to Queen Elizabeth Hospital
✅ Close to shopping, schools and commercial areas
✅ Easy access to Kota Kinabalu, Penampang, Lintas and KKIA
✅ Suitable for investors looking for cash-flowing property
An affordable property in a strategic location with rental income already in place.
📌 Asking Price: RM210,000
📞 Serious buyers are welcome to enquire and arrange for viewing.