Megah Rise is to be the new landmark replacing the former well-known Ming Tien food court and Taman Megah badminton court in Taman Megah, Petaling Jaya. Upon its completion, the development will bring new life to the already bustling commercial area of the neighbourhood.
Designed to celebrate family and community life in this mature neighbourhood, Megah Rise will consist of 228 thoughtfully-designed serviced apartment units in a single tower, paired with family-friendly facilities and amenities.
Sitting beneath the residential units will be a retail podium with a well-balanced tenant mix of familiar neighbourhood shops and also new brands. Most importantly, ample parking facilities will be made available. Offering a seamless connection between the existing and new spaces, there will be a link walkway for residents to access the adjacent market.
Built exclusively for the convenience and wellbeing of its residents, Megah Rise will be complemented with inhouse facilities such as flux pavilion, flux pool, sunbed lounges, spa and sauna garden, multipurpose hall, children’s playground and many more.
Meticulously designed to seamlessly integrate with the existing Taman Megah community, the green facade of Megah Rise will act as a buffer from the bustling Taman Megah commercial area, creating a peaceful and relaxing haven for those who reside here.
Taman Megah is a mature neighbourhood mainly comprising double-storey link houses and a commercial area. The neighbourhood is also neighbouring established areas such as SS2, Taman Mayang Jaya, Taman Bukit Emas and Taman Sea.
Located within a self-sufficient neighbourhood, Megah Rise will be surrounded by various amenities like kindergarten, primary and secondary schools, banks, clinics, retail shops, F&B outlets and markets.
The property also enjoys close proximity to shopping malls and supermarkets such as Atria Shopping Gallery at Damansara Jaya, One Utama at Bandar Utama, The Curve at Mutiara Damansara, as well as Paradigm Mall and Giant at Kelana Jaya.
Getting around places will not be a hassle as the area is well-served by a network of roads and highways, the Damansara-Puchong Highway (LDP) has a direct exit to Taman Megah, while the Federal Highway and New Klang Valley Expressway (NKVE) are easily accessible.
In terms of public transportation, the Kelana Jaya and Taman Bahagia LRT stations are within walking distance, hence commuting to downtown Kuala Lumpur and other areas within Klang Valley will be an easy feat.
Megah Rise offers a lifestyle of complete balance, where one can find peace & harmony at home while being just steps away from other daily conveniences.
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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 (%) |
|---|---|---|---|---|---|
| Megah Rise | 2022 |
RM1,300,000
-
RM1,445,000
RM 903 psf - RM 1,151 psf |
RM2,500 - RM2,500 | NIL | 3.28 % |
| Cloverton | 2014 |
RM3,900,000
-
RM3,900,000
RM 928 psf - RM 928 psf |
NIL | NIL | NIL |
| PJ5 SOHO | July 2012 |
RM280,000
-
RM350,000
RM 603 psf - RM 898 psf |
RM1,000 - RM1,000 | NIL | 4.3 % |
| The Grove | Oct 2011 |
RM2,600,000
-
RM5,565,000
RM 475 psf - RM 1,010 psf |
NIL | NIL | NIL |
| Laman 38 | Sept 2008 |
RM720,000
-
RM950,000
RM 480 psf - RM 620 psf |
RM1,200 - RM1,200 | NIL | 2.16 % |
| Damansara Residensi | Oct 2006 |
RM900,000
-
RM2,650,000
RM 564 psf - RM 939 psf |
RM1,700 - RM3,400 | NIL | 1.52 % |
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 | - | - | RM 352 psf |
| 1,500 - 2,500 SQ. FT | - | - | RM 274 psf |
| 2,500 - 4,000 SQ. FT | - | - | - |
| 4,000 SQ. FT and above | - | - | - |
Note:
| Down Payment (10%) | RM 67,996 |
| Loan Amount ( 90 %) | RM 611,964 |
| 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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