Icon Residenz is one of the many anticipated residential developments located just off the Federal Highway and Lebuhraya Damansara-Puchong in Petaling Jaya. It is part of a massive development which will include retail lots, office buildings and serviced apartments, whereby Icon Residenz is just one of them.
Icon Residenz consists of two towers, of which the first tower is literally called Tower 1, and second tower is named Creative Tower and is hence commonly referred to as Icon Residenz Creative Tower. The selling point of this second tower is that while the first tower was sold unfurnished, the second tower will come with an option of being fully furnished.
The ‘creative’ in Creative Tower comes from buyers being able to select the orientation of their unit whether they wish to face north, south, east or west. And as they will also have the option of purchasing a partially or fully furnished unit, they will also have a say on what furnishings they wish to have ready in their new home when they move in, or they can just opt for the fully furnished option.
The fully furnished option is reminiscent of a hotel development. The kitchens will be fully fitted with built-in kitchen cabinets, hood and hob and refrigerator, while the living rooms will come with sofa, coffee table and television. The bedrooms will be furnished with literally everything, from bedframe and mattress with bedsheets, to sheers and blackout curtains. The bathroom will also come with mirror, shower screen and counter top.
The price of an unfurnished unit at Icon Residenz starts from approximately RM588,000, while the price of a partial or fully furnished unit differs based entirely the the selections of the buyer.
Residents of Icon Residenz will enjoy proximity to Kelana Jaya, Subang and Petaling Jaya, where the two former ones are within a less than 5-minute drive in clear traffic. Residents will hence be able to take advantage the excellent range of amenities in all three areas, from healthcare centres to education institutions.
With Icon City destined to be what property speculators are already calling the second Mid Valley Megamall, residents of Icon Residenz will also have a complete range of amenities and facilities within short walking distance from home.
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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 (%) |
|---|---|---|---|---|---|
| Icon Residenz | 2016 |
RM338,000
-
RM1,200,000
RM 600 psf - RM 1,243 psf |
RM800 - RM800 | NIL | 4.6 % |
| PJ 21 | Sept 2012 | From RM4,200,000 | From RM2,000 | NIL | NIL |
| Park 51 Residency | 2012 |
RM334,000
-
RM600,000
RM 292 psf - RM 553 psf |
RM1,300 - RM1,300 | NIL | 4.61 % |
| Impian Seri Setia | 2011 |
RM251,100
-
RM345,000
RM 250 psf - RM 345 psf |
From RM700 | NIL | NIL |
| Park 51 MyHome | 2007 | RM108,000 - RM195,000 | NIL | NIL | NIL |
| Impian Baiduri | 2005 |
RM97,200
-
RM178,000
RM 150 psf - RM 273 psf |
From RM750 | NIL | NIL |
| Kayangan Apartment | 2004 |
RM310,000
-
RM380,000
RM 304 psf - RM 371 psf |
RM1,100 - RM1,100 | NIL | 3.66 % |
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 | RM 428 psf | - | RM 262 psf |
| 500 - 1,000 SQ. FT | RM 410 psf | - | RM 264 psf |
| 1,000 - 1,500 SQ. FT | RM 371 psf | - | RM 283 psf |
| 1,500 - 2,500 SQ. FT | - | - | - |
| 2,500 - 4,000 SQ. FT | - | - | RM 291 psf |
| 4,000 SQ. FT and above | - | - | - |
Note:
| Down Payment (10%) | RM 56,200 |
| Loan Amount ( 90 %) | RM 505,800 |
| 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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