Mercato is a newly completed commercial development located in Nilai, Negeri Sembilan. Mercato has 2 development phases, whereby the first phase was sold out and has already been handed over to its respective purchasers. The second phase named Mercato 2 is a brand new commercial addition to Bandar Enstek, Negeri Sembilan. This commercial development will consist of 2- and 3-storey shop offices. With the earlier phase of Mercato blossoming, this development is set to be the new heartbeat of Bandar Enstek.
The commercial units at Mercato 2 are sized between 3,279 sf and 11,672 sf, with a minimum launch price of RM797,300. Current merchants occupying Mercato are budget hotels, Bank Rakyat, restaurants, laundry, clinic, mini market and many other retail merchants.
At present, there are approximately 10,000 residents in Bandar Enstek, served only by a few commercial areas. Mercato will be the centre of attraction for existing residents and may be a pulling factor for new population to occupy Bandar Enstek. Also, with more residential developments being launched, Mercato is poised to take advantage of the the communities from its surrounding areas.
Educational institutions are a good gauge of whether a township will be bustling with activities. To name a few, right next to Mercato 2 is the famous Epsom International College while the National Audit Academy is just a short drive away; Nilai Polytechnic is also a mere 10 minutes away. These institutions are filled with intellects who have the spending power to boost economic activity.
In terms of amenities, Mercato is well connected to the Kuala Lumpur city via the North-South Highway, North–South Expressway Central Link (ELITE) and Maju Expressway (MEX). Other townships like Putrajaya, Cyberjaya and Seremban are a mere 20 minutes away, while the Kuala Lumpur International Airport (KLIA) and Sepang International Circuit are 15 minutes away.
Beyond Bandar Enstek, surrounding developments like Kota Seriemas and the KLIA quarters are not yet well-served by business and retail premises alike Mercato. This being the case, Mercato 2 is expected to be a good investment.
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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 (%) |
|---|---|---|---|---|---|
| Mercato | 2013 |
RM210,000
-
RM1,150,000
RM 203 psf - RM 456 psf |
RM1,400 - RM1,400 | NIL | 2.65 % |
| Pristine 2 | July 2019 |
RM330,000
-
RM800,000
RM 253 psf - RM 383 psf |
NIL | NIL | NIL |
| Hundred East | Nov 2016 |
RM325,000
-
RM780,000
RM 203 psf - RM 560 psf |
NIL | NIL | NIL |
| Linea | June 2015 |
RM320,000
-
RM700,000
RM 177 psf - RM 368 psf |
RM1,500 - RM1,500 | NIL | 3.53 % |
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 | - | - | - |
Note:
| Down Payment (10%) | RM 39,980 |
| Loan Amount ( 90 %) | RM 359,820 |
| 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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