Bukit OUG Condominium is an old and affordable residential high rise that is situated in the central location of Bukit Jalil. Despite its central location, it is said that there is only a single access road to the condominium and that public transportation is non-existent in this area.
Bukit OUG Condominium has had much history, with complaints of the residents including a constant change of management bodies, where with each management body the resident had to pay a deposit for his parking lot again and again resulting in many tenants parking on the roads outside the condominium as they refused to pay their deposits again.
The security guards which also appear to be very strict seemingly allow motorbikes to come and go as they please, resulting in numerous break-ins. There was also a case where a husband stabbed his wife multiple times to death on the 16th floor of one of the blocks.
As a result of all these incidents, more than one resident has been known to move out from Bukit OUG Condominium out of pure frustration with the entirety of the situation, along with the fact that more and more migrants have been moving in due to the cheap rental.
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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 (%) |
|---|---|---|---|---|---|
| Bukit OUG Condominium | 0 |
RM180,000
-
RM2,800,000
RM 26 psf - RM 10,909 psf |
RM500 - RM500 | NIL | 0.8 % |
| Residensi Jalilmas | Dec 2020 |
RM200,000
-
RM260,000
RM 250 psf - RM 325 psf |
RM550 - RM550 | NIL | 5.35 % |
| OUG Parklane | 2015 |
RM265,000
-
RM2,295,000
RM 278 psf - RM 695 psf |
RM400 - RM400 | NIL | 1.03 % |
| Kiara Residence 2 | Oct 2014 |
RM510,000
-
RM800,000
RM 402 psf - RM 620 psf |
RM1,050 - RM1,050 | NIL | 3.69 % |
| Laman Bayu | June 2014 |
RM1,210,000
-
RM1,599,000
RM 406 psf - RM 537 psf |
RM3,800 - RM3,800 | NIL | 8.03 % |
| The Z Residence | Apr 2014 |
RM380,000
-
RM890,000
RM 359 psf - RM 808 psf |
RM1,499 - RM1,499 | NIL | 4.05 % |
| KM1 | Apr 2014 |
RM230,000
-
RM1,800,000
RM 397 psf - RM 1,263 psf |
RM2,000 - RM2,000 | NIL | 3.66 % |
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 1,111 psf | - | - |
| 500 - 1,000 SQ. FT | RM 429 psf | RM 690,000 psf | - |
| 1,000 - 1,500 SQ. FT | RM 396 psf | RM 709,600 psf | - |
| 1,500 - 2,500 SQ. FT | RM 652 psf | RM 715,000 psf | - |
| 2,500 - 4,000 SQ. FT | - | RM 1,515,000 psf | - |
| 4,000 SQ. FT and above | RM 36 psf | RM 2,560,000 psf | RM 417 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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