Rhythm Avenue is high rise serviced apartment located within USJ 19. It was built atop a mall called The 19 USJ City Mall and was part of its development project. While the mall offers a variety of amenities, it is still empty to a certain extent.
Facing several bumps during development such as being an abandoned project, it was revived by AmBank using the bank's own funds and they refused to allow other developers to develop the building. This caused its price of units here to remain the same as its clients did not have to fork out any extra funds.
Therefore, units here are now cheaper than it could have been makings it to be affordable to interested parties. There have however been many complaints on the management team of this serviced apartment, whereby a resident created an entire blog dedicated to the residents’ dissatisfaction over the management party.
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 (%) |
|---|---|---|---|---|---|
| Rhythm Avenue | 2008 |
RM 280,000
-
RM 3,100,000
RM 350 psf - RM 1,041 psf |
RM 750 - RM 750 | RM 326,333 (RM 466 psf) | 0.8 % |
| Main Place Residence | Feb 2014 |
RM 225,150
-
RM 830,000
RM 471 psf - RM 944 psf |
RM 1,000 - RM 1,000 | RM 414,235 (RM 600 psf) | 5.28 % |
| ResTrees | 2010 |
RM 2,200,000
-
RM 3,500,000
RM 454 psf - RM 638 psf |
RM 4,400 - RM 5,500 | NIL | 1.93 % |
| Tropika Paradise | 2001 |
RM 348,000
-
RM 970,000
RM 297 psf - RM 445 psf |
RM 1,600 - RM 1,600 | RM 613,333 (RM 352 psf) | 4.64 % |
| USJ 18 | 1997 |
RM 190,000
-
RM 1,300,000
RM 237 psf - RM 845 psf |
RM 1,600 - RM 1,600 | RM 850,577 (RM 544 psf) | 2.9 % |
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 836 psf | - | RM 1,474 psf |
| 500 - 1,000 sq ft | RM 542 psf | - | - |
| 1,000 - 1,500 sq ft | RM 421 psf | RM 565 psf | RM 509 psf |
| 1,500 - 2,500 sq ft | - | RM 486 psf | - |
| 2,500 - 4,000 sq ft | RM 309 psf | RM 643 psf | - |
| 4,000 sq ft and above | - | RM 336 psf | RM 393 psf |
Note:
| Down Payment (10%) | RM 8,000 |
| Loan Amount ( 90 %) | RM 72,000 |
| Tenure Years | 35 Years |
| Interest Rate | 4.85% |
| Others (Estimation) | RM 10,000 |
| Apply with Hong Leong Bank now | |
Disclaimer
The information shown is indicative and for illustration only. HLB 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 HLB reserves the right to approve or reject such applications without assigning any reason therefore.
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