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Property Review Video Contributed by iherng
Summer Suites is one of the unique type of offices in Malaysia, a Versatile Office Suite (VOS). It is also known as Menara Solaris, and in lieu of its name there is much greenery scattered around and within the development. With a total of 800 parking lots, the rental of each lot is RM180 per month, with no free parking lots per unit. Combined with its fairly affordable prices and central location, Summer Suites is one of the very much sought after commercial buildings in the city.
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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 (%) |
---|---|---|---|---|---|
Summer Suites | 2015 |
RM410,000
-
RM1,100,000
RM 652 psf - RM 1,379 psf |
RM140 - RM140 | NIL | 412.95 % |
Star Boulevard | 2018 | From RM7,000,000 | From RM34,000 | NIL | NIL |
JKG Tower | 2017 | NIL | From RM16,500 | NIL | NIL |
Menara Public Bank 2 | 2017 | NIL | From RM33,000 | NIL | NIL |
Plaza Haji Taib | 2016 | From RM800,000 | From RM1,500 | NIL | NIL |
Aurora Tower | 2015 |
RM520,000
-
RM650,000
RM 575 psf - RM 586 psf |
RM1,500 - RM1,500 | NIL | 3.69 % |
Menara Centara | Oct 2014 | RM499,400 - RM2,652,500 | From RM2,400 | 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 848 psf | - | RM 1,937 psf |
500 - 1,000 SQ. FT | RM 734 psf | - | RM 748 psf |
1,000 - 1,500 SQ. FT | RM 764 psf | - | RM 695 psf |
1,500 - 2,500 SQ. FT | RM 643 psf | - | RM 7,712,789 psf |
2,500 - 4,000 SQ. FT | RM 881 psf | - | RM 170 psf |
4,000 SQ. FT and above | RM 538 psf | - | RM 300 psf |
Note:
Down Payment (10%) | RM 32,800 |
Loan Amount ( 90 %) | RM 295,200 |
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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