Plaza Medan Putra

Jalan Medan Putra 6, Bandar Sri Menjalara, 52200 Kuala Lumpur Wilayah Persekutuan
Serviced Residence Shop Office
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Details:

Developer

Sri Melinger
Chinese ad 4621 326x150 01

Facilities

Card access system
Landscaped garden
Swimming pool
Children’s playground
Jacuzzi
Children’s pool
Gymnasium
Multipurpose room
Barbecue pit
Jogging path
Reflexology path

Property Details

2009
(Year of Completion)
This project was completed 12 years ago
From RM 93,000
RM 230,000 - RM 850,000
RM 700 - RM 2,500
RM0.17psf
Built Up
458 SQ. FT - 1,000 SQ. FT
Land Title
Mixed
Tenure
Freehold
Total Blocks
4
Total Storeys
22
Total Units
500
Parking
Min. 1

Description

Of one of the most renowned mixed developments in Bandar Menjalara is Plaza Medan Putra, a combination of residential and commercial lots. While strategically located in a sought after location, many potential investors who were interested in the project walked away soon after visiting the place, as many complain that they do not like its design.

What one observer mentioned was that the building looks like a low cost development from the outside, while the building looks far older than its actual age. He also said that he thoroughly disliked the fact that the water tank is visible from the outside.

Another potential buyer also complained that he thoroughly disliked the fact that there are far too many foreigners staying at the place, going so far as to say that it looks like a mini United Nation office on the inside.

The one good thing about this development is that the commercial lots attached to the residential development are held by the developer and leased to tenants; however, these shops stand empty as the developers are unable to find any good tenants.

All in all, there have been purchasers who bought this project during its launch, but sold it a few years after its completion as they were unable to deal with the environment; and have according to them made a 100% profit.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (GBI)
Nearby Restaurants
Cleanliness
Safety
Traffic
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Steven Po
Staying at the highest floor with an amazing view of the KL city. Connected to many highways. Next to Desa ParkCity. Very convenient. New Year's Eve got countdown with nice fireworks view, so don’t need to cramp up with other people. Nothing will block my view, no... See More
development in front. Can even see Genting from here. Very safe condition. Occupancy rate is about 60% and above. 50-50 for own stay and rent out.
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Chin
I have previously stayed in this serviced residence for about three years. Very potential residence with great accessibility, multiple road access towards different location and highways, with direct ramp access from roundabout adjacent to desa park city entrance.... See More
Adjacent to lively shoplots area (of course not lively/noisy at night). My endlot/corner unit at high level was nice. Very nice layout for such price. 3 beds, 2 bath, 1 store which can be converted to a room, separate kitchen with small wet area, living with ample space and balcony with clear view towards KL tower. Spacious carpark. Friendly management and security. Down side - amenities was limited. residential shoplots was quite empty (there was subway and steamboat previously, not sure now). public area not well maintained.
Hope the management team will put more effort to make-good key public areas (it is unfortunate that the original design was made not appealing), which is a simple and cheap task like making entrance look appealing, sealing empty shop lots with proper partition boards and replacing ugly metal hoardings with simple barricades or boom gates.
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Nearby Amenities:

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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 (%)
Plaza Medan Putra 2009 RM 247,900 - RM 500,000
RM 269 psf - RM 826 psf
RM 700 - RM 700 NIL 3.36 %
Damansara Avenue 2020 NIL NIL NIL NIL
The Westside Two Jan 2015 RM 1,050,000 - RM 1,880,000
RM 750 psf - RM 1,057 psf
RM 3,000 - RM 3,000 NIL 3.28 %
Azelia Residence May 2014 RM 550,000 - RM 1,600,000
RM 425 psf - RM 960 psf
RM 1,500 - RM 1,500 NIL 3.11 %
The Westside One June 2013 RM 760,000 - RM 1,880,000
RM 696 psf - RM 1,877 psf
RM 2,300 - RM 2,300 NIL 4.23 %
Ativo Plaza 2013 RM 328,400 - RM 730,000 RM 1,300 - RM 4,800 NIL 6.92 %
The Northshore Gardens Dec 2010 RM 800,000 - RM 3,500,000
RM 783 psf - RM 1,426 psf
RM 2,500 - RM 2,500 NIL 3.15 %

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 355 psf - -
1,000 - 1,500 SQ. FT RM 544 psf - -
1,500 - 2,500 SQ. FT - - RM 945 psf
2,500 - 4,000 SQ. FT - - -
4,000 SQ. FT and above - - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 435 psf
Non Landed Properties
RM 527 psf
Landed Properties
RM 268 psf
Commercial Properties

Note:

  • This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
  • 'Nearby distance' is based on 1 kilometre
  • Average Rental Yield takes into account an estimated amount of maintenance fees

My Affordability:

Down Payment (10%) RM 9,300
Loan Amount ( 90 %) RM 83,700
Tenure Years 35 Years
Interest Rate 4.85%
Others (Estimation) RM 10,000
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Monthly Installment
RM 3,000 ±
Maintenance Fee
RM 77 ±
RM 0.17 psf (458 SQ. FT)
Total Monthly Expenses
RM 3,000 ±

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.

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