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8 Kia Peng is an upcoming high rise development located in the bustling vicinity of the Kuala Lumpur city centre. It is a product of the developer who created i-City, the iconic integrated development at the entrance to Klang which features a mixture of office buildings, serviced apartments and a shopping mall. 8 Kia Peng which is also known as 8 Kia Peng @ KLCC, the development is a uniquely designed premium project aimed at offering ideal and luxurious living quarters to prospective buyers.
8 Kia Peng is an elegant tower of homes which will house 442 units of homes; a moderate density in the heart of the Kuala Lumpur City Centre. 8 Kia Peng is quietly hidden away in a little enclave of quiet elegance, within a stone’s throw from the Japan, USA, Singapore, Philippines and Indonesia embassies. This crowning glory will be housed in a tower of 50 storeys whereby the residential units start from the ninth floor onwards at 56 metres above the busy road of Jalan Kia Peng.
Being built in a largely established area, residents of 8 Kia Peng will have largely unhindered views of the famed Petronas Twin Towers and Suria KLCC. Sizes of the homes at 8 Kia Peng are however on the smaller side ranged between 718 sf and 988 sf.
All of the units also come with only one bedroom, one study room and a bathroom, except for Type C units that come with two bedrooms and two bathrooms. From the sizes of these homes, they are clearly targeted towards investors and renters as opposed to families.
8 Kia Peng comes with modern features and well-proportioned architectural layouts for future proud cosmopolitan homeowners. Situated at the heart of the Golden Triangle, residents can have the privilege of enjoying excellent connectivity and the panoramic views of the Petronas Twin Towers as well as the city centre skyline from their exclusive units.
The privileges of living in the city which includes being within walking distance from public transportation and being within short drives of some of the country’s most famous landmarks also make it well worth its cost.
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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 (%) |
---|---|---|---|---|---|
8 Kia Peng | 2019 |
RM774,000
-
RM22,000,000
RM 1,081 psf - RM 3,223 psf |
RM3,900 - RM3,900 | NIL | 2.55 % |
Stonor 3 | 2019 |
RM1,000,000
-
RM2,381,250
RM 733 psf - RM 2,733 psf |
RM3,300 - RM3,300 | NIL | 15.11 % |
Four Seasons Place | 2017 |
RM2,697,300
-
RM45,000,000
RM 2,003 psf - RM 3,783 psf |
RM10,000 - RM10,000 | NIL | 1.13 % |
Menara Public Bank 2 | 2017 | NIL | From RM33,000 | NIL | NIL |
Ilham Baru Tower | Aug 2015 | NIL | From RM14,000 | NIL | NIL |
The Horizon Residences | July 2015 |
RM250,000
-
RM2,200,000
RM 384 psf - RM 1,836 psf |
RM1,750 - RM1,750 | NIL | 4.53 % |
Banyan Tree | 2015 |
RM1,700,000
-
RM7,300,000
RM 1,331 psf - RM 3,325 psf |
RM2,500 - RM2,500 | NIL | 2.25 % |
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 | RM 1,312 psf | - | RM 750 psf |
500 - 1,000 SQ. FT | RM 914 psf | - | RM 980 psf |
1,000 - 1,500 SQ. FT | RM 828 psf | - | RM 524 psf |
1,500 - 2,500 SQ. FT | RM 881 psf | - | RM 578 psf |
2,500 - 4,000 SQ. FT | RM 993 psf | - | - |
4,000 SQ. FT and above | RM 1,037 psf | - | - |
Note:
Down Payment (10%) | RM 153,898 |
Loan Amount ( 90 %) | RM 1,385,084 |
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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