The Petalz is one of the most anticipated serviced residences on the main street of Old Klang Road located south of Petaling Jaya. Fronting Lebuhraya Damansara-Puchong (LDP) on its front side, residents may experience some noise and air pollution. The Petalz is however a project that is still in the limelight as it comes from a developer that is renowned in the market for its high quality developments.
Spanning 3.04 acres of land on Old Klang Road, residents of The Petalz will enjoy unprecedented access to Petaling Jaya and Bandar Sunway on one end of the road, while on the other is the Kuala Lumpur City Centre (KLCC) at less than 20 minutes away on a clear day.
Getting to Cheras is also extremely convenient with the Salak South Highway approximately 10 minutes away. As a result of its excellent connectivity, residents will be able to get to Mid Valley Megamall in only 10 minutes during clear traffic, and Sunway Pyramid via the LDP toll road in only 15 minutes.
An added bonus of living at The Petalz is that residents will be able access to some of the best food in town metres from their homes. There is the BBQ Thai restaurant located just down the road on the opposite side, along with a couple of popular Japanese restaurants on either side of the road.
There are also fruit stalls by the road on the opposite side of Old Klang Road, where there is are steam fish head and frog porridge restaurants. Located on the same side as The Petalz is Scott Garden which is a popular after work hangout spot. For even more convenience, there is also the neighbourhood wet market on the opposite side of Old Klang Road.
Consisting of a twin pair of blocks, The Petalz aspires to achieve the Green Building Index (GBI) Certification to reduce its impact on the environment. While traffic on Old Klang Road is constantly congested due to its being a main road, the central location and potential of The Petalz’s capital appreciation is well worth the pain.
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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 (%) |
|---|---|---|---|---|---|
| The Petalz | 2016 |
RM540,000
-
RM880,000
RM 0 psf - RM 823 psf |
RM672 - RM672 | NIL | 3.0 % |
| Residence 8 | Dec 2013 |
RM470,000
-
RM1,430,000
RM 428 psf - RM 1,100 psf |
RM850 - RM850 | NIL | 1.65 % |
| Tiara Mutiara | 2013 |
RM272,000
-
RM630,000
RM 371 psf - RM 643 psf |
RM1,000 - RM1,000 | NIL | 4.22 % |
| Mutiara Apartment | 2008 |
RM225,000
-
RM260,000
RM 315 psf - RM 346 psf |
RM950 - RM950 | NIL | 4.31 % |
| Sri Jati II | 2007 |
RM292,000
-
RM550,000
RM 240 psf - RM 449 psf |
RM600 - RM600 | NIL | 3.48 % |
| OUG Square | 2005 |
RM230,000
-
RM17,000,000
RM 270 psf - RM 1,062 psf |
RM1,350 - RM1,350 | NIL | 0.19 % |
| Sri Jati I | 2003 |
RM224,200
-
RM1,013,000
RM 234 psf - RM 714 psf |
RM1,150 - RM1,150 | NIL | 3.85 % |
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 365 psf | - | - |
| 1,000 - 1,500 SQ. FT | RM 419 psf | - | - |
| 1,500 - 2,500 SQ. FT | RM 328 psf | - | - |
| 2,500 - 4,000 SQ. FT | - | RM 750,000 psf | - |
| 4,000 SQ. FT and above | - | RM 2,000,000 psf | - |
Note:
| Down Payment (10%) | RM 58,175 |
| Loan Amount ( 90 %) | RM 523,575 |
| 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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