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CP Tower is a corporate office building located in Section 16 of Petaling Jaya. The development consists of only 1 tower block soaring 22 storeys tall. Its typical floorspace is up to 15,000 sf per floor, while office spaces can be partitioned with each having a built-up from 3,000 sf onward. Offices here can be a good investment as this area is one of Petaling Jaya's busiest commercial hotspots, right next to Eastin Hotel.
This commercial building is placed where amenities are abundant. Being a part of the Phileo Damansara Business Centre, the office tower neighbours a number of prominent corporate names with The Star Publications being one of them. Within the business hub itself, occupants will be able to find amenities like convenience stores, mini marts and restaurants.
There are also commercial centres outside of the business centre for tenants of CP Tower to go to. The nearest commercial hub houses mostly shops, other offices and restaurants. The Perkhidmatan Awam Golf Club is also located nearby, providing entertainment and recreation options, as well as venue option to meet clients. Other than that, it is also close to other townships such as Taman Tun Dr. Ismail, Mutiara Damansara, Kelana Jaya, as well as the Kuala Lumpur city centre.
The office tower is best accessed from the SPRINT Highway, with the building having a direct exit to the expressway. The highway can also connect to the Damansara-Puchong Highway (LDP), posing travel convenience to Subang Jaya, and other parts of Petaling Jaya. Should traffic be a hassle, occupants can also reach CP Tower via the Phileo Damansara Mass Rapid Transit (MRT) station that is located within walking distance.
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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 (%) |
---|---|---|---|---|---|
CP Tower | 0 | NIL | From RM14,900 | NIL | NIL |
Pearl Villas | July 2009 |
RM3,800,000
-
RM4,000,000
RM 804 psf - RM 952 psf |
RM10,000 - RM11,000 | NIL | 3.23 % |
Phileo Damansara 1 | Oct 2007 | RM596,000 - RM1,450,000 | RM2,400 - RM6,500 | NIL | 5.22 % |
Phileo Damansara 2 | Oct 2007 | RM875,000 - RM2,000,000 | RM2,800 - RM10,000 | NIL | 5.34 % |
Astana Damansara | 2007 |
RM410,000
-
RM450,000
RM 382 psf - RM 1,000 psf |
RM1,400 - RM1,400 | NIL | 6.56 % |
Li Villas | 2006 |
RM675,000
-
RM2,800,000
RM 415 psf - RM 884 psf |
RM2,200 - RM2,200 | NIL | 2.84 % |
Prima 16 | 1995 |
RM700,000
-
RM1,550,000
RM 336 psf - RM 615 psf |
RM1,800 - RM3,500 | NIL | 2.46 % |
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 | - | - | RM 2,200,000 psf |
1,500 - 2,500 SQ. FT | - | - | - |
2,500 - 4,000 SQ. FT | - | RM 2,459,000 psf | - |
4,000 SQ. FT and above | - | RM 2,790,625 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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