The verdict at Sri Impian Apartment in Larkin Perdana is a defensive whole-unit default generating a 4.9% to 5.8% gross yield on transacted Brickz medians, with an absolute requirement for title and liquidator diligence before committing capital. SPEEDHOME's own board holds zero dedicated listings (measured null), but surrounding corridor demand proves active tenant depth in Larkin: Larkin Heights recorded 24 chat requests and 2 viewing appointments for a room at RM499 (measured, 1.1-year operating record) alongside a fresh whole-unit listing at RM699 (6 chat requests). On Mudah, a 3-card single-agent ladder lists 741 to 850 sq ft 3-bedroom, 2-bathroom units at RM1,100 to RM1,300 a month, a RM200 step up the ladder for the kitted-out card (measured, title count lags at 1). Worked against Brickz's live-bound transacted median of RM270,000 and RM296 psf via its state-prefixed record (P25-P75 span RM255,000 to RM310,000; transaction count unrendered, measured): RM1,100 x 12 = RM13,200 / RM270,000 = 4.89%, and RM1,300 x 12 = RM15,600 / RM270,000 = 5.78% gross, before the 2.19% platform processing fee. The overriding caveat is governance: developer Brisdale Development Sdn Bhd is in liquidation, completion year and unit count remain absent from public records, and maintenance fees are unpublished, meaning title perfection, liquidator status, and strata reserve adequacy govern every investment decision.
Three ways to run your unit
Pick a model card and test your numbers. The rent field loads RM1,200 — the midpoint of the in-building Mudah asking band of RM1,100 to RM1,300 for 741 to 850 sq ft 3-bedroom units (measured) — while the purchase field loads RM270,000 from Brickz's live-bound transacted median (RM296 psf; P25-P75 span RM255,000 to RM310,000, measured). The return updates as you type.
- Whole-unit 12-month family tenancy (Recommended baseline): Lease the complete 3-bedroom, 2-bathroom apartment (741 to 850 sq ft) to a working family or cross-border commuter household. Live listings on Mudah ask RM1,100 partially furnished to RM1,300 fully furnished (measured; single-agent inventory via Metro Homes). Against the transacted Brickz median of RM270,000 (RM296 psf, measured), this produces a gross yield of 4.9% to 5.8% before the 2.19% platform processing fee. This approach delivers predictable rental income with minimal management overhead, no partition capex, and zero by-law dispute risk.
- Room-by-room multi-tenancy (Conditional / MC-gated): Lease three bedrooms individually to local service workers or Singapore commuters. In-building room rentals are unmeasured on public portals (measured null). However, the surrounding Larkin corridor demonstrates proven room demand: Larkin Heights on SPEEDHOME logged 24 chat requests and 2 viewings at RM499 a month (measured). Splitting a 3-bedroom unit at corridor rates of RM450 to RM550 a room could theoretically gross around RM1,500 a month (derived corridor arithmetic), lifting gross yields to ~6.7%. However, managing separate utility bills, tenant turnover, and furnishing three rooms narrows the net margin over a stable whole-unit let, and partitioning requires explicit written Joint Management Body (JMB) consent.
- Short-stay or transit homestay (Do not underwrite): Zero building-named short-stay listings exist on Airbnb (measured null). Surrounding corridor homestays near Larkin Sentral ask approximately RM155 to RM181 a night (measured; Doraemon Home RM773 for 5 nights, Larkin Junction RM903 for 5 nights). Under the Strata Management Act 2013 (Act 757) and local municipal guidelines, residential strata schemes can prohibit transient commercial operations. Given the liquidated developer and sensitive building governance, underwrite short-stay revenue at RM0.
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What can you earn?
Demand on SPEEDHOME's own board records zero dedicated listings for Sri Impian Apartment in Johor Bahru (measured null, source URL speedhome.com/rent/sri-impian-apartment-johor-bahru). A key data integrity note: the bare slug for Sri Impian Apartment on our platform resolves to Sri Impian Apartment in Ayer Itam, Penang — an entirely separate northern scheme that must never be confused with this Larkin development.
While our direct board has zero dedicated listings, the surrounding Johor Bahru corridor shows sustained tenant demand: - Larkin Heights logged 24 chat requests and 2 viewing appointments for a room at RM499 a month over a 1.1-year operating run (measured, created September 2025), alongside a fresh whole-unit listing at RM699 with 6 chat requests (measured, created September 2026). - Epic Residence recorded a fresh room listing at RM750 a month (measured, September 2026 vintage). - The Aliff Residences recorded a room listing at RM1,390 a month with 9 chat requests (measured). These data points demonstrate that affordable rental stock in the Larkin hub captures brisk, immediate inquiry.
On the whole-unit rental market, Mudah provides the primary live benchmark through a single-agent portfolio (Metro Homes). While the entity title indicates 1 listing due to title-count lag, the rendered page reveals 3 active cards: - RM1,100 a month: 3 bed, 2 bath, 741 sq ft, partially furnished (measured). - RM1,100 a month: 3 bed, 2 bath, 850 sq ft, partially furnished (measured). - RM1,300 a month: 3 bed, 2 bath, 850 sq ft, fully furnished (measured). This establishes an in-building asking band of RM1,100 to RM1,300 a month - a clean RM200 step between the bare and the kitted-out card on identical 850 sq ft floorplates.
On the capital acquisition side, Brickz binds via a state-prefixed URL structure (/johor/sri-impian/non-landed), as generic project slugs 404: - Transacted median price: RM270,000 at RM296 psf (measured, live-bound). - Interquartile range (P25 to P75): RM255,000 to RM310,000 (measured). - Transaction count: The count placeholder did not render during the sweep (count gap, not a data defect). - Portal asking prices: Search excerpts show EdgeProp units listed at around RM279,000 (~RM310 psf for 900 sq ft units) and PropertyGuru asking bands from RM285,000 to RM288,000 (search excerpts). Asking prices sit at 1.03x to 1.07x the transacted median, indicating reasonable seller alignment and modest negotiation margins.
Gross rental yield arithmetic reflects steady medium-cost fundamentals (worked against Brickz transacted medians, before the 2.19% platform processing fee): - Partially furnished at RM1,100/month: RM1,100 x 12 = RM13,200 annual rent / RM270,000 median purchase = 4.89% gross yield. - Fully furnished at RM1,300/month: RM1,300 x 12 = RM15,600 annual rent / RM270,000 median purchase = 5.78% gross yield. - Bought at P25 entry (RM255,000): RM13,200 / RM255,000 = 5.18% gross; RM15,600 / RM255,000 = 6.12% gross. - Tested against portal asking price (RM285,000): RM13,200 / RM285,000 = 4.63% gross; RM15,600 / RM285,000 = 5.47% gross.
On the cost side, maintenance charges and sinking fund contributions remain entirely absent from the public record (measured null). The developer, Brisdale Development Sdn Bhd, is in liquidation, meaning no developer fee schedule exists. Operating costs, quit rent, and local assessment must be verified directly from audited JMB financial statements and physical maintenance invoices. See the real cost of self-managing a rental.
Why Sri Impian Apartment in Larkin Perdana matters
Sri Impian Apartment is a 21-storey high-rise residential development located along Jalan Larkin Perdana 1 and 2 in Taman Larkin Perdana, Johor Bahru, under the jurisdiction of Majlis Bandaraya Johor Bahru (MBJB). Recorded on property platforms as four residential towers (Menara A to D), the scheme provides 3-bedroom, 2-bathroom apartment layouts spanning roughly 741 to 966 sq ft, developed under a 99-year leasehold tenure.
The property's geographic advantage is its positioning within Johor Bahru's primary central transit district. Situated minutes from Larkin Sentral—the state's central bus terminal serving intercity coaches and direct bus routes to Singapore—as well as major retail destinations including KSL City Mall, Plaza Larkin, and Mid Valley Southkey, the development enjoys continuous tenancy demand from cross-border commuters, logistics workers, and commercial retail personnel. Direct connectivity along Jalan Tun Abdul Razak and Jalan Dato Jaafar provides swift commuting access to the Johor Bahru CIQ Complex.
However, the defining feature of Sri Impian is its institutional governance status. The original developer, Brisdale Development Sdn Bhd, is in liquidation, as confirmed in High Court proclamation of sale filings. Public records lack completion dates, certified total unit counts, and official maintenance schedules. Consequently, investors must treat this building as an operational value-play: acquiring at transacted values (RM270,000) and executing a clean, focused SPEEDRENO rental fit-out that modernises kitchens and bathrooms without overcapitalising. Pet-friendly units attract faster inquiry; SPEEDHOME coliving is cat-friendly — cats welcome in our coliving rooms; building rules can vary. For comparative underwriting, consult our landlord investment decision guide, the Johor Bahru rental guide, and our Prima Regency investor record.
5 checks before you buy
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Verify title perfection and unexpired lease with the liquidator — Brisdale Development Sdn Bhd is in liquidation; verify whether the master title has been subdivided and whether individual strata titles have been issued and transferred. If the property remains under a master title, confirm the appointed liquidator's verification fee and transfer requirements, and check the remaining 99-year lease term. Done: strata title search and liquidator status verified.
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Audit JMB financial accounts and outstanding service charges — Public sources hold no record of the monthly maintenance fee or sinking fund contribution; inspect the latest AGM audited financial statements from the Joint Management Body (such as the JMB recorded for Menara B) to confirm reserve funds, lift maintenance contracts, and any pending special levies. Done: JMB audited accounts and billing statements inspected.
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Inspect communal building infrastructure and fire safety systems — In a 21-storey older scheme with historical developer distress, physical inspection of mechanical assets is essential; check lift performance, domestic water pumping pressure, common-area lighting, and fire suppression systems across your specific tower block. Done: physical engineering inspection completed.
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Calibrate acquisition price to Brickz transacted medians — Brickz establishes a transacted median price of RM270,000 (RM296 psf, measured); reject seller asking prices above RM285,000 unless the unit features complete, documented modern renovation that justifies the premium. Done: purchase offer tied to transacted sales records.
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Obtain written JMB rules on tenancy and subletting — Before considering room-by-room letting or minor internal partitioning, secure the official written house rules from the management office; verify whether multi-tenant occupancy is permitted and whether additional security access cards carry administrative restrictions. Done: written house rules and by-laws obtained.
FAQ
What rental yield does Sri Impian Apartment generate?
Based on the Brickz transacted median of RM270,000 (RM296 psf, measured), in-building asking rents of RM1,100 (partially furnished) to RM1,300 (fully furnished) generate a gross rental yield of 4.9% to 5.8% (RM1,100 x 12 = RM13,200 / RM270,000 = 4.89%; RM1,300 x 12 = RM15,600 / RM270,000 = 5.78%), before the 2.19% platform processing fee. Purchasing closer to the 25th percentile transacted price of RM255,000 lifts gross yields to 5.2% to 6.1%.
Can you rent out rooms individually at Sri Impian Apartment?
In-building room rates are unmeasured on public boards (measured null). Nearby at Larkin Heights, room demand is proven at RM499 a month with 24 chat requests on SPEEDHOME's board (measured). However, room letting in a 21-storey residential building requires written Joint Management Body approval under the Strata Management Act 2013, incurs higher utility overheads, and increases management friction. Whole-unit letting remains the recommended baseline. See our room rental and co-living guide.
Is short-stay or Airbnb allowed at Sri Impian Apartment?
Zero building-named short-stay listings exist on Airbnb (measured null). Given the developer's liquidation status and residential strata governance, short-term commercial letting is not an authorized operating model without explicit written JMB consent and municipal licensing. Investors should underwrite short-stay revenue at RM0.
Are pets allowed at Sri Impian Apartment?
The building management's official by-law on pets is not published in public records. In the Johor Bahru rental market, pet-friendly properties capture faster tenant inquiries and command a 15% to 20% rental premium where permitted. SPEEDHOME coliving is cat-friendly — cats welcome in our coliving rooms; building rules can vary, and individual owners must verify pet regulations directly with the JMB office.
What running it looks like
Operating an apartment at Sri Impian Apartment successfully requires a clear focus on tenant quality and defensive property management. Given its prime transit location near Larkin Sentral, leasing the entire 3-bedroom apartment to a stable working family or verified cross-border commuters provides reliable monthly yields while preserving the condition of the home.
SPEEDHOME manages your property end-to-end: advertising your listing, conducting rigorous tenant credit screening, executing digital SpeedSign tenancy agreements, and collecting monthly rental payments automatically. With our Zero Deposit model, your unit rents out significantly faster to high-quality tenants without the delay of traditional upfront deposits. The standard platform processing fee is 2.19% + SST on collected monthly rent. Landlords can protect their rental income with SPEEDHOME landlord protection plans: Standard at RM799/year + SST flat (no protection cover), Protect at 1 month's rent, and Protect+ at 1.5 months' rent.
Ready? List your Sri Impian Apartment unit with SPEEDHOME — zero deposit, we run the viewings, you approve the tenant.
The own-board demand counters (zero dedicated listings; Larkin Heights room RM499 with 24 chat requests and 2 viewings, Larkin Heights unit RM699 with 6 chat requests, Epic Residence RM750, The Aliff Residences RM1,390), Mudah entity asking band (3 cards rendered at RM1,100-1,300 for 741-850 sq ft units, title count 1), Brickz live-bound transacted median (RM270,000 / RM296 psf via state-prefixed URL /johor/sri-impian/non-landed, interquartile range RM255,000-310,000, transaction count gap), EdgeProp and PropertyGuru asking excerpts (~RM279,000-288,000), Airbnb read (zero building-named), and Brisdale Development liquidation status were collected on 12 October 2026 via server readers (evidence file sri-impian-apartment-johor-bahru-market-evidence-2026-10-12.yaml, lane bi-mine-15). Maintenance charges, completion year, and unit count remain absent from public records. For additional insights, consult our landlord investment decision guide, the real cost of self-managing a rental, SPEEDRENO rental fit-out, Room rental and co-living, Prima Regency investor record, and Johor Bahru rental guide.