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Mutiara Tropicana is a development that offers various types of houses with large built-ups and gorgeous architecture. There is however a major issue about buying homes here, as the development is built on Malay reserved land, resulting in these properties becoming a very bad investment. The sealing factor on these properties as a bad investment is that it is less than 100 metres away from the TNB power lines, which causes much worry to potential buyers.
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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 (%) |
---|---|---|---|---|---|
Mutiara Tropicana | 0 |
RM546,750
-
RM1,400,000
RM 278 psf - RM 781 psf |
RM1,900 - RM1,900 | NIL | 3.45 % |
Tropicana Grande | Dec 2012 |
RM1,500,000
-
RM4,600,000
RM 493 psf - RM 7,445 psf |
RM6,000 - RM6,000 | NIL | 4.41 % |
Eastwood Terrace | Aug 2009 | RM610,000 - RM730,000 | RM3,500 - RM3,500 | NIL | 6.27 % |
Idaman Villas | Mar 2009 |
RM1,250,000
-
RM5,780,000
RM 597 psf - RM 416,666 psf |
From RM6,460 | NIL | NIL |
Beverly Residence | Aug 2008 |
RM52,000
-
RM810,000
RM 38 psf - RM 535 psf |
RM2,000 - RM2,000 | NIL | 5.57 % |
Merchant Square | 2007 | RM535,000 - RM1,100,000 | RM3,500 - RM7,000 | NIL | 7.25 % |
Sri Araville | Oct 2006 | RM370,000 - RM420,000 | RM2,000 - RM2,000 | NIL | 5.44 % |
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 533 psf | - | - |
1,000 - 1,500 SQ. FT | RM 428 psf | - | - |
1,500 - 2,500 SQ. FT | - | RM 800,000 psf | - |
2,500 - 4,000 SQ. FT | - | RM 2,266,667 psf | - |
4,000 SQ. FT and above | - | RM 4,080,000 psf | - |
Note:
Down Payment (10%) | RM 60,686 |
Loan Amount ( 90 %) | RM 546,174 |
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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