Sprinkled around Kota Damansara are the pioneering developments of this upcoming satellite town of TTDI. Amongst the first few condominiums of the area is Palm Spring, a rather high density collection of six residential towers with many shops within short walking distance providing various amenities. It is to be noted that there is a severe lack of parking lots in this condominium, even if one wishes to either rent or purchase one.
It is rumoured that the management of Palm Spring is extremely strict with their range of buyers, disallowing foreigners, especially students to purchase or rent a unit at Palm Spring, as the existing tenants of these criteria are commonly known to dirty up the place by throwing rubbish over the balcony; which one resident professes that an empty can thrown from a balcony almost hit his baby daughter in her perambulator.
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This is a representation of historical transaction prices within the property, categorised by non-landed (condominium, serviced apartment, apartment), landed (townhouse, terrace, bungalow, semi-detached, house) and commercial (office, shop). Below is a list of transacted data for Palm Spring over the last 24 months.
Did you know?
Transacted Prices able to let you make a better decision on how's the property trends in the neighbourhood.
Date | Category | Address | Size | Price | Price (psf) |
---|---|---|---|---|---|
2020-07-10 | Condominium | xxxxxxJALAN PJU 3/29(PALM SPRING) | 915 SQ. FT | RM 450,000 | RM 491 |
2020-06-05 | Condominium | xxxxxxJALAN PJU 3/29 | 936 SQ. FT | RM 340,000 | RM 363 |
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 (%) |
---|---|---|---|---|---|
Palm Spring | 2005 |
RM 261,000
-
RM 4,200,000
RM 255 psf - RM 763 psf |
RM 580 - RM 580 | RM 386,300 (RM 373 psf) | 0.57 % |
Encorp Strand Residences | Dec 2015 |
RM 295,000
-
RM 1,200,000
RM 399 psf - RM 1,021 psf |
RM 1,500 - RM 1,500 | NIL | 3.6 % |
Cascades | 2014 |
RM 380,000
-
RM 850,000
RM 677 psf - RM 918 psf |
RM 1,400 - RM 1,400 | NIL | 4.2 % |
Encorp Strand Garden Office | 2014 | RM 1,490,000 - RM 4,000,000 | RM 1,800 - RM 15,000 | NIL | 3.46 % |
The Effingham | Jan 2013 |
RM 5,300,000
-
RM 5,500,000
RM 687 psf - RM 891 psf |
RM 9,000 - RM 15,000 | NIL | 2.53 % |
Mutiara Homes | 2012 |
RM 1,198,000
-
RM 6,800,000
RM 478 psf - RM 1,444 psf |
RM 2,300 - RM 2,300 | NIL | 18.31 % |
The Strand | 2012 |
RM 361,000
-
RM 638,000
RM 455 psf - RM 760 psf |
RM 1,400 - RM 1,400 | NIL | 3.36 % |
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 395 psf | - | - |
1,000 - 1,500 SQ. FT | RM 359 psf | - | - |
1,500 - 2,500 SQ. FT | - | - | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 16,000 |
Loan Amount ( 90 %) | RM 144,000 |
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.
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