As everyone knows, SETAPAK is renowned as one of the prominent markets for student rentals in Klang Valley. Tunku Abdul Rahman University College (TAR UC) is here and it indirectly spurred the development of the entire Setapak area, causing property prices to increase. With a continuous influx of students, many businesses and investors are eagerly buying shops to start ventures, leading to high demand and low supply in SETAPAK’s shop market. Today, I’m here to share some good news 🧧 and introduce you 6 popular spots frequented by TAR UC students. Rumor has it that the return on investment for shops in these areas can exceed 5%! (Shh… 🤫)
1. PV128:
PV128 stands at the heart of Setapak, enjoying a prime location with a prominent facade facing the main road, making it a highly favored spot among students. An added convenience is that students can easily access PV128 through the back entrance of the dormitories, and it’s within walking distance to Setapak Centre Mall 🚶♀️. PV128 hosts several popular outlets such as Together 讲饮讲食, Choo Choo Chicken 🍗, NINJA 📱, 24-hour EZGO supermarket, and Eu Yan Sang, among others. Therefore, PV128 offers stable profit returns and rental yields, with a potential shop ROI reaching up to 5%!
2. Crystal Ville (PV15 & PV16):
Surrounded by residences primarily occupied by TAR UC students, Crystal Ville boasts four condominiums, with over 90% of its occupants being students. The well-known PV15 & PV16 are located right across the street. The shops in this area include student-favorite bubble tea shops 🥤, dessert shops 🍩, hot pot restaurants 🍲, Family Mart, Domino’s Pizza 🍕, MIX Supermarket, Watson, KK Supermarket, 99 Supermarket, and more. Notably, Columbia Asia Hospital is located right next door. Whether it’s morning, afternoon, or evening, the crowd at Crystal Ville is consistently lively!It’s worth mentioning that even after graduation, many alumni choose to continue residing in this area rather than moving away, contributing to the ongoing vibrancy. This aspect is undoubtedly advantageous for potential buyers!
3. The Palette
The Palette is a newly established commercial hub situated in a prominent location, surrounded by residential buildings 🏢, and serves as a must-pass route for students returning home. Even before the development of this area, it was already bustling with people, mainly because MCD 🍟, Starbucks and Aeon Big are right next door! As everyone knows, students’ favorite spot for studying is often at MCD, contributing to a continuous stream of customers. Currently, several new restaurants have opened in the area, including Uncle Don (always packed!), Murni, Good Luck Nanyang Cafe, a guest Japanese restaurant, Inside Scoop, and more, with a few more restaurants set to open soon!
4. Desa Setapak:
Desa Setapak is situated in the commercial area behind Wangsa Maju LRT 🚊, offering a mature location with convenient transportation and a complete range of amenities, including supermarkets, restaurants 🍜, pharmacies 💊, and more. As the surrounding area is primarily residential, providing convenience to customers, this area has become a popular 🔥 gathering spot, even the parking here is always full throughout the day! With significant potential for shop appreciation and no worries about renting out, Desa Setapak is an excellent choice for businesses looking to open shops!
5. Taman Bunga Raya (TBR):
Taman Bunga Raya, commonly known as TBR, gains its prominence from its proximity to Tunku Abdul Rahman University College, just a 5-minute walk for students. This area features only a row of shops, boasting an extremely low vacancy rate! According to surveys, the rental for these shops can reach up to RM7000 💰. Even the renowned MIX Mart operates in this area, indicating the high popularity among students.
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