Queen’s Avenue of Cheras is another one of the many commercial hubs sprinkled throughout Cheras. Just like its counterparts, the grandly named Queen’s Avenue commercial hub is a bustling area of activity. Although fairly new, it is considerably fully tenanted already and business is brisk in this area. Queen’s Avenue is also very primely located, close to AEON, Tesco Extra, Leisure Mall and Viva Mall.
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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 (%) |
|---|---|---|---|---|---|
| Queen's Avenue | 2005 | RM200,000 - RM500,000 | RM750 - RM1,200 | NIL | 3.06 % |
| Sunway Velocity | 2017 |
RM300,000
-
RM1,550,000
RM 306 psf - RM 1,199 psf |
RM2,200 - RM2,200 | NIL | 3.7 % |
| Amaya Maluri | Dec 2013 |
RM342,000
-
RM1,012,000
RM 415 psf - RM 737 psf |
RM1,500 - RM1,500 | NIL | 3.63 % |
| Market Hall | June 2013 | RM382,000 - RM877,000 | RM6,000 - RM6,000 | NIL | 11.44 % |
| Wisma IAV | 2013 | From RM130,000,000 | From RM6,000 | NIL | NIL |
| Fraser Business Park | 2010 |
RM450,000
-
RM550,000
RM 647 psf - RM 707 psf |
RM490 - RM490 | NIL | 2.75 % |
| Warisan Cityview | July 2005 |
RM230,000
-
RM512,800
RM 298 psf - RM 537 psf |
RM1,100 - RM1,100 | NIL | 4.99 % |
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 | - | - | RM 955 psf |
| 500 - 1,000 SQ. FT | RM 714 psf | - | RM 745 psf |
| 1,000 - 1,500 SQ. FT | RM 897 psf | - | RM 402 psf |
| 1,500 - 2,500 SQ. FT | RM 602 psf | - | RM 1,861,866 psf |
| 2,500 - 4,000 SQ. FT | - | RM 1,810,000 psf | - |
| 4,000 SQ. FT and above | - | RM 1,430,000 psf | - |
Note:
| Down Payment (10%) | RM 20,000 |
| Loan Amount ( 90 %) | RM 180,000 |
| 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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