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De Tropicana is a condominium that is very strategically located in Kuchai, within walking distance to the NSK hypermarket and the Ajinomoto factory. As such, there is a large majority of tenants who are foreigners, making the original majority of Chinese tenants rather uncomfortable living here.
Because it is located at the entrance point of numerous major highways, residents of De Tropicana also experience constant air pollution; and because the high number of people who use the NSK road as a shortcut have no conscience, the road is perpetually congested during peak hours resulting in much noise pollution from cars blaring their horns.
Aside from that, the old management of this condominium ran away with all the resident’s money, and as such the new management is slowly picking up the threads and are attempting to upgrade the condominium; unfortunately hindered by numerous residents who do not pay up their dues, and owes the management a total excess of over RM200,000 in management fees.
Another issue that residents face is terrible and lousy security despite having changed the security team numerous times, with visitors constantly abusing the tenants parking lot by living their cars there overnight unpunished. While all this is going on, prices of De Tropicana are however miraculously creeping up.
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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 (%) |
---|---|---|---|---|---|
De Tropicana | 0 |
RM182,000
-
RM680,000
RM 170 psf - RM 523 psf |
RM1,100 - RM1,100 | NIL | 3.79 % |
Kuchai East | 2020 |
RM370,000
-
RM510,000
RM 502 psf - RM 616 psf |
NIL | NIL | NIL |
The Court | Jan 2016 |
RM526,920
-
RM700,000
RM 469 psf - RM 690 psf |
RM1,600 - RM1,600 | NIL | 3.3 % |
The Leafz | 2015 |
RM390,000
-
RM918,000
RM 396 psf - RM 866 psf |
RM1,400 - RM1,400 | NIL | 3.97 % |
288 Residences | Dec 2014 |
RM450,000
-
RM728,000
RM 355 psf - RM 534 psf |
RM1,500 - RM1,500 | NIL | 4.89 % |
Arte KL | July 2014 |
RM437,000
-
RM1,218,240
RM 48 psf - RM 686 psf |
RM700 - RM700 | NIL | 2.69 % |
Central Residence | 2014 |
RM242,000
-
RM888,000
RM 325 psf - RM 1,571 psf |
RM1,100 - RM1,100 | NIL | 3.63 % |
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 399 psf | - | RM 251 psf |
1,000 - 1,500 SQ. FT | RM 346 psf | RM 607,500 psf | RM 705 psf |
1,500 - 2,500 SQ. FT | - | RM 500,000 psf | RM 347,778 psf |
2,500 - 4,000 SQ. FT | - | RM 896,429 psf | RM 4,640,000 psf |
4,000 SQ. FT and above | - | RM 853,333 psf | - |
Note:
Down Payment (10%) | RM 18,000 |
Loan Amount ( 90 %) | RM 162,000 |
Tenure Years | 35 Years |
Interest Rate | 4.85% |
Others (Estimation) | RM 10,000 |
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.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
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