Petaling Street is a famous and highly-visited street in the Kuala Lumpur city centre. Fondly known as the KL Chinatown among foreigners, it is situated adjacent to Jalan Bandar and Jalan Sultan and offers a variety of items for sale. It is home to a number of hostels and backpackers’ inns as well as the food stalls and restaurants where local favourites and delicacies can be found.
The property value of this area continues to rise due to its prime location and demands for retail and accommodation by tourists, which have also caused sales, room and shop rentals to increase. However, tourists who visit Petaling Street are advised to be wary of their surroundings and belongings at all times when shopping here as there is usually a number of pickpockets hovering around.
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Did you know?
Check out the value of surrounding upcoming properties to make the best buying decision.
| Property Name | Year of Completion | Launch Price | Ad Selling Price |
|---|---|---|---|
| Petaling Street | 0 | NIL |
RM 9,922,000
-
RM 9,922,000
RM 496 psf - RM 496 psf |
| Sunway Belfield | 2024 | RM 652,000 - RM 1,802,000 |
RM 590,000
-
RM 590,000
RM 748 psf - RM 748 psf |
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 (%) |
|---|---|---|---|---|---|
| Petaling Street | 0 |
RM 9,922,000
-
RM 9,922,000
RM 496 psf - RM 496 psf |
RM 10,000 - RM 25,000 | NIL | 2.12 % |
| Laman Ceylon | Oct 2014 |
RM 800,000
-
RM 2,016,228
RM 766 psf - RM 1,282 psf |
RM 2,200 - RM 2,200 | RM 1,113,613 (RM 1,138 psf) | 3.71 % |
| St John Woods Residence | June 2014 | NIL | NIL | NIL | NIL |
| 6 Ceylon | 2014 |
RM 680,000
-
RM 2,000,000
RM 729 psf - RM 1,286 psf |
RM 2,300 - RM 2,300 | RM 962,857 (RM 790 psf) | 3.36 % |
| Suasana Bukit Ceylon | 2014 |
RM 585,000
-
RM 1,600,000
RM 737 psf - RM 1,250 psf |
RM 2,000 - RM 2,000 | NIL | 3.58 % |
| Casa Residency | Oct 2012 |
RM 580,000
-
RM 12,100,000
RM 780 psf - RM 11,713 psf |
RM 1,600 - RM 1,600 | NIL | 0.51 % |
| Verticas Residensi | Apr 2011 |
RM 934,000
-
RM 4,100,000
RM 619 psf - RM 1,350 psf |
RM 3,300 - RM 3,300 | RM 932,963 (RM 590 psf) | 3.99 % |
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 1,023 psf | - | - |
| 1,000 - 1,500 SQ. FT | RM 643 psf | - | - |
| 1,500 - 2,500 SQ. FT | RM 697 psf | - | - |
| 2,500 - 4,000 SQ. FT | - | - | - |
| 4,000 SQ. FT and above | - | - | - |
Note:
| Down Payment (10%) | RM 381,000 |
| Loan Amount ( 90 %) | RM 3,429,000 |
| Tenure Years | 35 Years |
| Interest Rate | 4.85% |
| Others (Estimation) | RM 10,000 |
| Apply now | |
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.
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