Cova Square is a SoHo cum commercial development, and is a very much well-known name in the property market for its popularity amongst students of the nearby Segi University.
The SoHo units are mostly rented by students promising a decent long-term rental yield, while the shop lots are deemed to be a good long-term investment due to the centrality of the location.
Parking lots at the Cova Square commercial area however tends to be scarce, as students of the Segi University find it extremely convenient parking their cars at the Cova Square parking lot as it is rather affordable; and also because Segi University does not provide sufficient parking lots for their students.
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Did you know?
Check out the value of surrounding recently completed properties to make the best buying decision.
| Property Name | Year of Completion | Ad Selling Price | Ad Rental Price | Avg Transacted Price | Avg Rental Yield (%) |
|---|---|---|---|---|---|
| Cova Square | Apr 2008 |
RM 270,000
-
RM 370,000
RM 360 psf - RM 499 psf |
RM 1,200 - RM 1,200 | RM 609,500 (RM 465 psf) | 5.63 % |
| Omni 1 | Dec 2013 | RM 1,000,000 - RM 1,000,000 | RM 18,000 - RM 187,000 | NIL | 123.0 % |
| I Residence | Aug 2013 |
RM 470,000
-
RM 650,000
RM 383 psf - RM 556 psf |
RM 1,800 - RM 1,800 | NIL | 4.58 % |
| Casa Residenza | 2012 |
RM 280,000
-
RM 500,000
RM 319 psf - RM 535 psf |
RM 500 - RM 500 | RM 420,889 (RM 463 psf) | 3.41 % |
| Cubic Space | 2012 | From RM 8,000,000 | RM 30,000 - RM 48,000 | NIL | NIL |
| Cova Suite | Dec 2009 |
RM 110,000
-
RM 800,000
RM 38 psf - RM 583 psf |
RM 1,800 - RM 1,800 | NIL | 5.37 % |
| Gugusan Mawar | 2004 |
RM 180,000
-
RM 310,000
RM 239 psf - RM 402 psf |
RM 1,300 - RM 1,300 | NIL | 6.12 % |
Did you know?
Check out the past transacted prices of this neighbourhood to make the best buying decision.
| Non-Landed | Landed | Commercial | |
|---|---|---|---|
| 0 - 500 SQ. FT | - | - | - |
| 500 - 1,000 SQ. FT | RM 463 psf | - | RM 403 psf |
| 1,000 - 1,500 SQ. FT | RM 473 psf | - | RM 1,010 psf |
| 1,500 - 2,500 SQ. FT | - | - | RM 832 psf |
| 2,500 - 4,000 SQ. FT | - | - | RM 564 psf |
| 4,000 SQ. FT and above | - | - | - |
Note:
| Down Payment (10%) | RM 17,043 |
| Loan Amount ( 90 %) | RM 153,387 |
| Tenure Years | 35 Years |
| Interest Rate | 4.85% |
| Others (Estimation) | RM 10,000 |
| Apply now | |
Disclaimer
The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.
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