The Parc Tower

Condominium
Jalan Rampai Niaga 1, Rampai Business Park, 53300 Kuala L...
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Developer

Pancaran Nilai Sdn. Bhd.

Facilities

Gymnasium
Swimming pool
Six floors of car park

The Parc Tower is an upcoming condominium in Setapak. Built on leasehold land, this condominium's lease will expire on 28th March 2111. The Parc Tower is a family centred development which was designed to be family-friendly with every part of its component. The Parc Tower is a contemporarily built building of modern homes for the ultimate living and investment opportunity.

Centrally located in this busy township, The Parc Tower is directly opposite Rampai Business Park and is within walking distance to Aeon Jusco Wangsa Maju, as well as the Wangsa Maju LRT Station. There will be a plethora of business hubs located close to The Parc Tower as well which will include banking facilities, convenience marts and a myriad of services.

Residents of The Parc Tower will find a shopping paradise in the city centre of Kuala Lumpur less that fifteen minutes away. There will be Pavilion, Suria KLCC and Fahrenheit 88 amongst some of the most popular hangout spots in the city, as well as Berjaya Times Square, BB Plaza, Lowyat Plaza and Sungei Wang Plaza which offer more affordable shopping.

The network of highways surrounding The Parc Tower include the Middle Ring Road 2 (MRR2), Ampang-Kuala Lumpur Elevated Highway (AKLEH) and Duta-Ulu Kelang Expressway (DUKE). By utilising these highway, Ampang is only 20 minutes away, Damansara at abut the same distance and Petaling Jaya at approximately half an hour away.

As good as the location of The Parc Tower is, there were many buyers who were wary of this project as the developers have a less than savoury reputation. It was purported that as of 31st of August 2014, the developers of The Parc Tower which is Pancaran Nilai Sdn Bhd were on the blacklist of the Ministry of Urban Wellbeing for failing to pay compound fees.

However, the project manager of The Parc Tower which is CRSC Property cleared Pancaran Nilai of all debts hence the aforementioned developer’s was able to carry on with development of The Parc Tower. Due to this the development continued, and while buyers were apprehensive, sales was still good.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (GBI)
Nearby Restaurants


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2016 May
(Year of Completion)
This project was completed 3 years ago
  • RM 384,880 - RM 680,240
  • NIL
  • NIL
  • NIL
Built Up
850 SQ. FT - 1,100 SQ. FT
Land Title
Residential
Tenure
Leasehold
Total Blocks
1
Total Storey
34
Total Units
322
Parking
Min. 1

Nearby Amenities

(CLICK THE MAP BELOW TO USE MAP & NEARBY AMENITIES)

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Did you know?

Check out the value of surrounding upcoming properties to make the best buying decision.

Property Name Year of Completion Launch Price Ad Selling Price
The Parc Tower May 2016 RM 384,880 - RM 680,240 RM 400,000 - RM 510,030
RM 434 psf - RM 463 psf
Infiniti3 Residences June 2017 From RM 638,000 RM 638,000 - RM 1,080,000
RM 392 psf - RM 682 psf
SkyAwani 3 Residence 2019 From RM 300,000 RM 300,000 - RM 300,000
RM 375 psf - RM 375 psf
Lexa Residence @ The Quartz 2019 From RM 420,000 RM 330,000 - RM 599,000
RM 506 psf - RM 731 psf
Fera Residence @ The Quartz 2020 From RM 480,000 RM 330,000 - RM 330,000
RM 506 psf - RM 506 psf
Residensi Rampai II 2021 RM 299,900 - RM 617,880 RM 380,000 - RM 430,000
RM 400 psf - RM 452 psf
Sinaran @ Wangsa Maju Mar 2022 From RM 486,800 RM 420,000 - RM 499,000
RM 567 psf - RM 634 psf
4 For Sale in The Parc Tower 10 For Rent in The Parc Tower 14 For Sale in Infiniti3 Residences 39 For Rent in Infiniti3 Residences 20 For Sale in SkyAwani 3 Residence 7 For Sale in Lexa Residence @ The Quartz 1 For Rent in Lexa Residence @ The Quartz

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 (%)
The Parc Tower May 2016 RM 400,000 - RM 510,030
RM 434 psf - RM 463 psf
RM 1,400 - RM 1,400 NIL 4.29 %
Hedgeford 10 Residences Apr 2015 RM 345,000 - RM 480,000
RM 582 psf - RM 771 psf
RM 1,600 - RM 1,600 NIL 4.52 %
Desiran Bayu @ Sri Rampai Aug 2014 RM 1,330,950 - RM 1,501,000
RM 407 psf - RM 467 psf
NIL NIL NIL
Platinum Lake PV20 May 2014 RM 450,000 - RM 620,000
RM 337 psf - RM 465 psf
RM 1,300 - RM 1,300 NIL 3.93 %
StarParc Point 2012 RM 570,000 - RM 1,900,000 RM 2,200 - RM 8,000 NIL 4.96 %
Rampai Business Park 2010 RM 94,770 - RM 1,180,000
RM 120 psf - RM 556 psf
RM 1,300 - RM 4,500 NIL 5.46 %
Alpha Villa 2008 RM 408,000 - RM 499,000
RM 40 psf - RM 453 psf
RM 1,400 - RM 1,400 NIL 3.96 %
4 For Sale in The Parc Tower 10 For Rent in The Parc Tower 6 For Sale in Hedgeford 10 Residences 11 For Rent in Hedgeford 10 Residences 2 For Sale in Desiran Bayu @ Sri Rampai 1 For Rent in Desiran Bayu @ Sri Rampai 25 For Sale in Platinum Lake PV20 29 For Rent in Platinum Lake PV20

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 - RM 443 psf -
1,000 - 1,500 SQ. FT RM 432 psf - -
1,500 - 2,500 SQ. FT - - RM 406 psf
2,500 - 4,000 SQ. FT - - -
4,000 SQ. FT and above - - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 304 psf
Non Landed Properties
RM 351 psf
Landed Properties
RM 557 psf
Commercial Properties

Note:

  • This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
  • 'Nearby distance' is based on 1 kilometre
  • Average Rental Yield takes into account an estimated amount of maintenance fees
  • My Affordability

    Down Payment (10%) RM 38,488
    Loan Amount ( 90 %) RM 346,392
    Tenure Years 35 Years
    Interest Rate 4.85%
    Others (Estimation) RM 10,000
    Apply now
    Monthly Installment
    RM 3,000 ±
    Mortgage Provided By Hong Leong Bank
    Maintenance Fee
    N / A
    RM N / A psf (850 SQ. FT)
    Total Monthly Expenses
    RM 3,000 ±

    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.

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    Cleanliness
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