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Impian Seri Setia of Petaling Jaya is a low cost apartment located just off the busy Federal Highway. Centrally located as it is, there have been many complaints in the past of foreigners who flooded this apartment with their presence, where residents complained that the playground was littered with what looked like condoms.
The density of the apartment was also said to increase drastically where as many as 15 people shared a single unit. The residents had then made many complaints to the MCA Selangor Public Complaints Bureau to better the situation, but the then JMB said that the issues arose from the residents themselves as allegedly half of the units at Impian Seri Setia were being rented out to foreigners by the owners themselves.
Parking lots are also insufficient, which the old JMB said the original selling price was only RM5,500 per lot which residents are now selling for up to RM10,000 per lot. Also to the issue of maintenance fees which residents insisted they were being overcharged, the JMB said that RM66 for the 633 sf and RM75 for for the 743 sf units are extremely reasonable.
The maintenance of the apartment was handed over to the residents’ own JMB thereafter in March 2012, of which the rather peeved old management body said that the residents could handle the rate of their own maintenance fees from then on.
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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 (%) |
---|---|---|---|---|---|
Impian Seri Setia | 2011 |
RM251,100
-
RM345,000
RM 250 psf - RM 345 psf |
From RM700 | NIL | NIL |
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 % |
Park 51 Boulevard | 2012 |
RM225,000
-
RM440,000
RM 353 psf - RM 934 psf |
RM1,200 - RM1,200 | NIL | 5.23 % |
Sunway PJ 51A | 2010 | RM699,000 - RM1,780,000 | RM2,000 - RM5,000 | NIL | 3.39 % |
PJ City | 2009 |
RM380,000
-
RM3,900,000
RM 260 psf - RM 826 psf |
RM9,000 - RM13,000 | NIL | 6.17 % |
Park 51 MyHome | 2007 | RM108,000 - RM195,000 | NIL | NIL | NIL |
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 | - | - | - |
Note:
Down Payment (10%) | RM 3,500 |
Loan Amount ( 90 %) | RM 31,500 |
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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