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Pearl Point Condominium is a residential tower located in the matured residential area of Old Klang Road. It is a high rise residential area which towers over the other buildings surrounding it. It is placed right above the Pearl Point shopping centre as well as the Pearl International Hotel.
As such, potential investors will want to consider obtaining a unit here to rent out as an investment. Most of the tenants here consists of foreigners and students, making it an ideal choice as an investment but not so much of a home to raise a family.
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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 (%) |
---|---|---|---|---|---|
Pearl Point Condominium | 0 |
RM280,000
-
RM495,000
RM 260 psf - RM 412 psf |
RM1,500 - RM1,500 | NIL | 4.88 % |
Commerce One | Mar 2010 | RM368,000 - RM1,018,000 | RM1,500 - RM5,350 | NIL | 5.93 % |
Menara K1 | 2010 | RM360,000 - RM1,250,000 | RM1,750 - RM5,800 | NIL | 5.63 % |
Mutiara Apartment | 2008 |
RM225,000
-
RM260,000
RM 315 psf - RM 346 psf |
RM950 - RM950 | NIL | 4.31 % |
OUG Square | 2005 |
RM230,000
-
RM17,000,000
RM 270 psf - RM 1,062 psf |
RM1,350 - RM1,350 | NIL | 0.19 % |
Meadow Park 2 | 2001 |
RM260,000
-
RM450,000
RM 280 psf - RM 473 psf |
RM1,050 - RM1,050 | NIL | 3.52 % |
One Mesraria | 1999 | NIL | RM3,000 - RM3,000 | 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 | - | - | RM 217 psf |
500 - 1,000 SQ. FT | - | - | RM 941 psf |
1,000 - 1,500 SQ. FT | RM 350 psf | - | - |
1,500 - 2,500 SQ. FT | - | - | - |
2,500 - 4,000 SQ. FT | RM 309 psf | RM 1,480,000 psf | - |
4,000 SQ. FT and above | - | RM 1,533,333 psf | - |
Note:
Down Payment (10%) | RM 21,000 |
Loan Amount ( 90 %) | RM 189,000 |
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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