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The Palm is one of the few phases in HillPark @ Shah Alam North, an upcoming township located in Puncak Alam, next to Bandar Saujana Utama. The residence consists of double-storey link homes with 682 units within the vicinity. Phase 1 of the development, spearheaded by MKH Berhad, is due to be completed in 2019.
The units are designed with the ‘Kajiraku’ concept, originating from Japan, with the emphasis of practical layouts to improve the quality of life for its tenants. There are 3 layouts, all having the same built-up, which is 1,474 sf, and also come with 4 bedrooms and 3 bathrooms. However, it’s different land space is what separates the 3 apart, with Type A, B and C being 20' x 70', 20' x 75' and 20' x 80' respectively. Thus price was also allocated according to the land space, with Type A units going from RM690,000, Type B at RM720,700 and Type C at RM751,500.
Facilities for The Palm are located at the front of the residences. The residents will have a multi-purpose hall for social gatherings and events. Other than that, a public surau is also provided. A landscaped park envelops the front of the residential area, where tenants can enjoy a stroll around and get some fresh air. But there are lack of facilities within HillPark as the area is still in developing phase.
However, the residence is privileged to be located in between a few townships of the northern Shah Alam region, such as Puncak Alam, Alam Jaya and Bandar Saujana Utama. Universiti Teknologi MARA is located in Puncak Alam, and is just a short drive away from The Palm. Over in Alam Jaya, an industrial park with a commercial area is present, where tenants can find materials, as well as some restaurants and workshops.
There is also an Econsave in Alam Jaya where tenants can do their shopping for daily necessities. Bandar Saujana Utama has more of a complete variety when it comes to amenities, which also includes the Saujana Utama Mall and schools such as Sekolah Menengah Kebangsaan Saujana Utama and Sekolah Kebangsaan Seri Pristana.
The Palm is easily accessible via Persiaran Mokhtar Dahari. Highways such as the Guthrie Corridor (GCE) and Kuala Lumpur-Kuala Selangor (LATAR) Highway are also accessible from the residences, connecting to districts such as Sungai Buloh, Subang Jaya and Kuala Selangor. The new Damansara-Shah Alam Highway (DASH), which is still in the works, will also be another alternative for residents to get to their homes in the near future.
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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 (%) |
---|---|---|---|---|---|
The Palm | Apr 2019 |
RM347,100
-
RM850,000
RM 216 psf - RM 566 psf |
RM1,350 - RM1,350 | NIL | 3.36 % |
Cherry | Dec 2015 |
RM465,000
-
RM870,000
RM 210 psf - RM 581 psf |
RM1,500 - RM1,500 | NIL | 2.97 % |
Pines | Aug 2015 |
RM435,000
-
RM799,000
RM 292 psf - RM 769 psf |
RM1,300 - RM1,300 | NIL | 3.6 % |
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 330,000 psf | - |
1,000 - 1,500 SQ. FT | - | - | - |
1,500 - 2,500 SQ. FT | - | RM 270,000 psf | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 69,000 |
Loan Amount ( 90 %) | RM 621,000 |
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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