8 Kinrara is an upcoming integrated development scheduled to be completed in 2016 in Bandar Kinrara. Otherwise known as Eight Kinrara, 8 Kinrara is a freehold development that will span 2.42 acres of land. Within this comparatively small plot of land, residents of 8 Kinrara will be able to enjoy premier living with their proximity to entertainment and lifestyle activities metres from their doors.
With all the hype of integrated living, the bottom floors of 8 Kinrara will consist of a shopping mall filled with restaurants and entertainment where residents of 8 Kinrara will have a direct connection to the shopping mall just below their homes. The serviced residences themselves are a luxury unto themselves with their prime views of the city, golf course and international cricket pitch.
8 Kinrara will be a low density development that will offer its residents privacy in this multi-home high rise. Every home will come with large and well-planned living spaces designed for practical living, and every unit at 8 Kinrara whether it be their studio or premium units will come furnished with only the best of materials and fittings.
The facilities provided at 8 Kinrara are atypical of most condominiums. There will be the usual children’s playground, wading pool and swimming pool while fitness freaks will love the fully equipped gymnasium and yoga deck. Located at the pinnacle of the building taking advantage of its scenic surroundings will be the rooftop terrace.
The only qualms that buyers have about getting a home at 8 Kinrara is the constantly congested traffic conditions during peak hours due to the high density of population in both Bandar Kinrara and Puchong where the residents all share the same ingress and egress roads. The situation is however expected to be alleviated in the future as the new LRT line is being built.
Residents of 8 Kinrara will have an alternate mode of transportation close to home in the future as the proposed MRT project that is scheduled to be completed by 2016 will have a station located close to 8 Kinrara.
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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 (%) |
|---|---|---|---|---|---|
| 8 Kinrara | June 2016 |
RM389,999
-
RM850,000
RM 404 psf - RM 834 psf |
RM1,400 - RM1,400 | NIL | 4.07 % |
| The Zest | 2012 |
RM260,000
-
RM1,650,000
RM 288 psf - RM 777 psf |
RM1,300 - RM1,300 | NIL | 1.94 % |
| BK4 | 2003 |
RM155,000
-
RM1,700,000
RM 184 psf - RM 500,000 psf |
RM1,300 - RM1,300 | NIL | 2.72 % |
| BK1 | 1994 |
RM159,000
-
RM880,000
RM 240 psf - RM 699 psf |
RM1,000 - RM1,000 | NIL | 3.12 % |
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 | - | - | - |
| 1,000 - 1,500 SQ. FT | - | - | - |
| 1,500 - 2,500 SQ. FT | - | - | - |
| 2,500 - 4,000 SQ. FT | - | - | - |
| 4,000 SQ. FT and above | - | RM 920,000 psf | - |
Note:
| Down Payment (10%) | RM 37,888 |
| Loan Amount ( 90 %) | RM 340,999 |
| 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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