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Nova Square was initially meant to be a fully-integrated and modern development comprising a hotel, retail mall, and serviced apartment in Bukit Bintang. However according to the developer, there are no future plans for this property as of the year 2015; and where the development was supposed to be is just an empty plot of land. Being located in a prime location, investors are still paying attention to any upcoming news on this plot of land.
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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 (%) |
---|---|---|---|---|---|
Nova Square | 0 | NIL | NIL | NIL | NIL |
Stonor 3 | 2019 |
RM1,000,000
-
RM2,381,250
RM 733 psf - RM 2,733 psf |
RM3,300 - RM3,300 | NIL | 15.11 % |
The Horizon Residences | July 2015 |
RM250,000
-
RM2,200,000
RM 384 psf - RM 1,836 psf |
RM1,750 - RM1,750 | NIL | 4.53 % |
Banyan Tree | 2015 |
RM1,700,000
-
RM7,300,000
RM 1,331 psf - RM 3,325 psf |
RM2,500 - RM2,500 | NIL | 2.25 % |
Naza Tower | 2014 | NIL | From RM19,550 | NIL | NIL |
Vipod Suites | 2013 |
RM820,000
-
RM5,500,000
RM 1,154 psf - RM 2,347 psf |
RM2,200 - RM2,200 | NIL | 4.03 % |
Soho Suites | 2013 |
RM600,000
-
RM1,500,000
RM 885 psf - RM 2,000 psf |
RM2,200 - RM2,200 | NIL | 4.11 % |
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 1,312 psf | - | RM 788 psf |
500 - 1,000 SQ. FT | RM 869 psf | - | RM 1,152 psf |
1,000 - 1,500 SQ. FT | RM 853 psf | - | RM 834 psf |
1,500 - 2,500 SQ. FT | RM 1,001 psf | - | RM 578 psf |
2,500 - 4,000 SQ. FT | RM 1,002 psf | - | - |
4,000 SQ. FT and above | RM 1,105 psf | - | - |
Note:
Down Payment (10%) | RM 50,000 |
Loan Amount ( 90 %) | RM 450,000 |
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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