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Festival Walk
Festival Walk Ipoh, Jalan Medan Ipoh 1, Bandar Baru Medan Ipoh, 31400 Ipoh, Perak
Shop
Office
Details:
Developer
Emerald Capital Group
View developer's profile
Property Details
2012
Aug
(Year of Completion)
(Year of Completion)
This project was completed 12 years ago
From RM700,000
From RM5,500
Built Up
From 1,990 SQ. FT
Land Title
Commercial
Tenure
Leasehold
Total Blocks
1
Total Storeys
2
Total Units
64
Description
Festival Walk is a retail centre located in the heart of Ipoh. It is a development of shop offices by the Emerald Capital Group, that caters mainly to businesses who desire a holistic working experience with a great location.
Festival Walk enjoys a great location in the town of Ipoh. It is easily accessible from the North-South Highway via the Ipoh South Interchange exit and is located just next to the main trunk road of Jalan Sultan Azlan Shah which provides great visibility from the main road.
Tenants of Festival Walk also enjoy great accessibility from within the development with the dual frontage retail lots. Their clients and customers are able to enter their premises from both the front and back of the shops, which assists in driving up the footfalls.
As a double storey development, the first floors of Festival Walk comprise offices while the ground floor is made up of various al fresco dining spots. This not only provides the office tenants an easy breakfast, lunch, and dinner spot – it also attracts customers from within the area. This makes Festival Walk a busy and bustling area during the weekdays.
Of the F&B shops that can be found at Festival Walk include the Hashtag Bar & Bistro an ideal after-work hangout spot, a steamboat restaurant by the name of Top Grade, and a Japanese cuisine outlet by the name of Sushi Zento among others. Complementing the many businesses within Festival Walk is ample parking spots that ring the development, generally enabling visitors to park close to their desired spot.
Aside from its great location and ready catchment of visitors, Festival Walk also makes for a great place to open a business at due to its proximity to many other shopping outlets in the vicinity. Close by is an Aeon supermarket, as well as a Tesco and Giant hypermarket. As a development that then has a lot of F&B businesses as well, Festival Walk makes for a great stopover place for a meal after shopping.
As an office premise, Festival Walk makes for a great choice thanks to its spaciously built office layouts that caters to all sorts of businesses. The rental prices are affordable and the location is great, making Festival Walk a favourite of those seeking to upgrade their business address.
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Nearby Amenities:
-
Nearby Properties
Nothing found within 1km
-
Public Transportation
Nothing found within 10km
-
Schools & Universities
Nothing found within 10km
-
Hospitals & Clinics
Nothing found within 10km
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Shops / Malls
Nothing found within 10km
-
Places of Worship
Nothing found within 10km
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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 (%) |
|---|---|---|---|---|---|
| Festival Walk | Aug 2012 |
RM548,000
-
RM548,000
RM 612 psf - RM 612 psf |
From RM5,500 | NIL | NIL |
| D'Festivo Residences | 2016 |
RM420,000
-
RM1,000,000
RM 361 psf - RM 5,647 psf |
RM1,600 - RM1,600 | NIL | 3.55 % |
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 | - | - | - |
| 1,000 - 1,500 SQ. FT | - | - | - |
| 1,500 - 2,500 SQ. FT | - | - | - |
| 2,500 - 4,000 SQ. FT | - | - | - |
| 4,000 SQ. FT and above | - | - | - |
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 0 psf
Non Landed Properties
RM 0 psf
Landed Properties
RM 0 psf
Commercial Properties
Note:
- This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
- 'Nearby distance' is based on 1 kilometre
- Average Rental Yield takes into account an estimated amount of maintenance fees
My Affordability:
| Down Payment (10%) | RM 70,000 |
| Loan Amount ( 90 %) | RM 630,000 |
| Tenure Years | 35 Years |
| Interest Rate | 4.85% |
| Others (Estimation) | RM 10,000 |
Monthly Installment
RM 3,000 ±
Maintenance Fee
N / A
RM
N / A
psf
(1,990 SQ. FT)
Total Monthly Expenses
RM 3,000 ±
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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