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Parklane Commercial Hub is a business area located just next to the Kelana D’Putera Condominium, just down the lane from Kelana Square and Zenith Corporate Park. Although it was completed in the year 2010, it stood mainly empty for many years. In the year 2014 business however took an upturn for the owners of Parklane Commercial Hub, as more offices began to move in.
In the year 2015, an entire block was bought and converted into a hostel. In the current times, it has a low cost hotel as well, along with many eateries consisting mostly of mamak shops. Although there are still many units available for rent, more and more tenants are moving in, taking advantage of its cheap rental which comes at as low as RM1 psf
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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 (%) |
---|---|---|---|---|---|
Parklane Commercial Hub | 2010 | RM1,850,000 - RM6,550,000 | RM5,500 - RM18,000 | NIL | 3.36 % |
HighPark Suites | May 2019 |
RM379,000
-
RM1,125,000
RM 731 psf - RM 980 psf |
RM1,400 - RM1,400 | NIL | 3.51 % |
Laguna Residences | June 2016 |
RM380,000
-
RM900,000
RM 400 psf - RM 430 psf |
RM1,500 - RM1,500 | NIL | 3.47 % |
Jazz Residences @ Pacific Place | Mar 2015 |
RM750,000
-
RM750,000
RM 803 psf - RM 803 psf |
RM1,500 - RM1,500 | NIL | 3.27 % |
Hijauan Saujana | Jan 2015 |
RM342,000
-
RM1,000,000
RM 444 psf - RM 725 psf |
RM1,200 - RM1,200 | NIL | 3.39 % |
G Residences @ Pacific Place | 2015 |
RM500,000
-
RM800,000
RM 535 psf - RM 857 psf |
RM1,400 - RM1,400 | NIL | 3.22 % |
The Ascent | 2015 | NIL | From RM27,500 | 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 | - | - | - |
500 - 1,000 SQ. FT | RM 516 psf | - | RM 373 psf |
1,000 - 1,500 SQ. FT | RM 407 psf | - | RM 406 psf |
1,500 - 2,500 SQ. FT | RM 353 psf | - | RM 350 psf |
2,500 - 4,000 SQ. FT | - | RM 3,200,000 psf | RM 510 psf |
4,000 SQ. FT and above | - | RM 3,976,667 psf | RM 314 psf |
Note:
Down Payment (10%) | RM 180,000 |
Loan Amount ( 90 %) | RM 1,620,000 |
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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