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Property Review Video Contributed by iherng
Urbana Residences @ Ara Damansara is a maiden project development taken on by a developer whose expertise lie in the plastic industry, and not so much in the property construction business. Urbana Residences @ Ara Damansara does however show much promise and potential with its prime location in a property hotspot.
Located at the fringe of Ara Damansara near Citta Mall, Urbana Residences is geographically blessed with a mature transport network of seven major highways passing through the area, an airport, and a new LRT hub as part of the Kelana Jaya LRT line extension. Residents will be within a comfortable walking distance of this new station, making it an ideal home for investors looking to rent out their homes to students.
Every home will be furnished with high end quality furnishings, inclusive of a Signature Kitchen branded kitchen that will come fully furnished with built-in kitchen cabinets, hood, hob and sink. Every bedroom and living room will come with an air-conditioner, and every bathroom with Johnson Suisse sanitary fittings, but only the master bathroom will come with a built-in water heater. A washer cum dryer machine will also be provided.
These chic homes are so well designed and were so hot in the market that they almost entirely sold out within a month of its launch. Some of Urbana Residences @ Ara Damansara’s main selling points aside from its central location is its family centric facilities. Secreted within the development will be pods of relaxations, where children can have their fun at the water play area and playground while adults can lounge while supervising playtime at the cabana, swinging cocoons and lookout cubes.
Upon exiting their haven of home, residents of Urbana Residences @ Ara Damansara will have access to a multitude of highways. There is the new Klang Valley Expressway (NKVE) which leads to the SPRINT Highway, the New Pantai Expressway (NPE) and Federal Highway.
The main access road to Urbana Residences @ Ara Damansara is Jalan Lapangan Terbang Subang which is unfortunately constantly congested with traffic especially during rush hours due to the high density of residents in the areas as well as numerous commercial areas nearby which utilize the same roads.
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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 (%) |
---|---|---|---|---|---|
Urbana Residences @ Ara Damansara | Sept 2016 |
RM328,000
-
RM1,000,000
RM 406 psf - RM 867 psf |
RM1,650 - RM1,650 | NIL | 3.69 % |
Nova Saujana | Feb 2016 |
RM569,999
-
RM1,295,000
RM 479 psf - RM 912 psf |
RM1,100 - RM1,100 | NIL | 2.7 % |
Jazz Residences @ Pacific Place | Mar 2015 |
RM750,000
-
RM750,000
RM 803 psf - RM 803 psf |
RM1,500 - RM1,500 | NIL | 3.27 % |
Hijauan Saujana | Jan 2015 |
RM305,000
-
RM1,000,000
RM 444 psf - RM 725 psf |
RM1,500 - RM1,500 | NIL | 3.76 % |
Centum | 2015 |
RM600,000
-
RM867,000
RM 778 psf - RM 850 psf |
RM3,600 - RM3,600 | NIL | 5.43 % |
Medalla @ Oasis Corporate Park | 2015 |
RM530,000
-
RM799,000
RM 730 psf - RM 789 psf |
RM1,300 - RM1,300 | NIL | 3.98 % |
G Residences @ Pacific Place | 2015 |
RM500,000
-
RM800,000
RM 535 psf - RM 857 psf |
RM1,400 - RM1,400 | NIL | 3.22 % |
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 542 psf | - | - |
1,000 - 1,500 SQ. FT | RM 431 psf | - | - |
1,500 - 2,500 SQ. FT | RM 695 psf | - | - |
2,500 - 4,000 SQ. FT | RM 825 psf | - | - |
4,000 SQ. FT and above | RM 471 psf | - | - |
Note:
Down Payment (10%) | RM 52,125 |
Loan Amount ( 90 %) | RM 469,125 |
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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