Known to be one of the older residential areas in Petaling Jaya, Section 8 hosts a combination of single storey terrace houses, double storey terrace houses, shop lots, a school and a commercial development by the name of 8th Avenue.
There is a concentration of car repair shops in the area which occupy the shop lots, followed by eateries. These homes in Section 8 of Petaling Jaya are not as widely desired as the homes in the other sections in Petaling Jaya, as they are rather small and old.
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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 (%) |
|---|---|---|---|---|---|
| Section 8 | 0 |
RM380,000
-
RM2,000,000
RM 211 psf - RM 800 psf |
RM1,700 - RM1,700 | NIL | 3.78 % |
| PJX | Dec 2010 | RM680,000 - RM1,420,350 | RM13,500 - RM13,500 | NIL | 15.43 % |
| PJ8 | Dec 2008 |
RM360,000
-
RM1,498,888
RM 576 psf - RM 884 psf |
RM1,400 - RM1,400 | NIL | 8.77 % |
| 8 Avenue | Apr 2008 | RM1,050,000 - RM3,500,000 | RM2,500 - RM7,000 | NIL | 2.51 % |
| Millennium Square | 2006 |
RM390,000
-
RM680,000
RM 346 psf - RM 524 psf |
RM550 - RM550 | NIL | 3.25 % |
| Amcorp Serviced Suites | 2005 |
RM196,860
-
RM680,000
RM 397 psf - RM 928 psf |
RM1,250 - RM1,250 | NIL | 4.93 % |
| Menara Axis | 2002 | NIL | RM22,500 - RM172,500 | 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 682 psf | - | RM 417 psf |
| 500 - 1,000 SQ. FT | RM 415 psf | - | RM 917 psf |
| 1,000 - 1,500 SQ. FT | RM 417 psf | - | - |
| 1,500 - 2,500 SQ. FT | RM 359 psf | - | - |
| 2,500 - 4,000 SQ. FT | RM 353 psf | RM 1,250,000 psf | RM 2,179 psf |
| 4,000 SQ. FT and above | - | RM 1,893,846 psf | RM 466 psf |
Note:
| Down Payment (10%) | RM 32,000 |
| Loan Amount ( 90 %) | RM 288,000 |
| 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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