Oval Tower is a landmark commercial building located just minutes away from Tropicana City Mall, beside a graveyard. Despite its prime location in the heart of the city, getting to Oval Tower may prove to be a problem if motorists drive past the building by mistake, as two usually congested u-turn’s will need to be taken in order to get back to Oval Tower.
Once the motorist arrives at their destination, parking is another problem and most people prefer to just stop at the side of the road, inconveniencing other motorists. As such, many of the units still stand empty to this day.
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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 (%) |
|---|---|---|---|---|---|
| Oval Tower | 2012 | RM620,000 - RM1,633,990 | RM2,200 - RM7,800 | NIL | 5.32 % |
| The Starling | 2017 | NIL | NIL | NIL | NIL |
| TTDI Ascencia | 2016 |
RM770,000
-
RM1,990,000
RM 647 psf - RM 1,507 psf |
RM2,000 - RM2,000 | NIL | 2.45 % |
| Glomac Damansara | 2014 |
RM778,000
-
RM1,580,000
RM 723 psf - RM 964 psf |
RM1,650 - RM1,650 | NIL | 3.03 % |
| The Greens | 2014 |
RM1,500,000
-
RM6,000,000
RM 1,038 psf - RM 1,565 psf |
RM4,800 - RM4,800 | NIL | 2.13 % |
| Menara LGB | June 2013 | NIL | RM24,000 - RM85,000 | NIL | NIL |
| Five Stones | Dec 2012 |
RM1,500,000
-
RM3,600,000
RM 754 psf - RM 955 psf |
RM3,700 - RM3,700 | NIL | 2.43 % |
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 865 psf | - | RM 447 psf |
| 1,000 - 1,500 SQ. FT | RM 625 psf | RM 628,071 psf | RM 220,471 psf |
| 1,500 - 2,500 SQ. FT | RM 737 psf | - | RM 1,817,016 psf |
| 2,500 - 4,000 SQ. FT | RM 781 psf | RM 3,172,000 psf | RM 499 psf |
| 4,000 SQ. FT and above | RM 767 psf | RM 3,544,143 psf | RM 579 psf |
Note:
| Down Payment (10%) | RM 40,500 |
| Loan Amount ( 90 %) | RM 364,500 |
| 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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