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Rica Residence
Jalan Kinrara 1, 47180 Kuala Lumpur, Wilayah Persekutuan
Condominium
Details:
Property Details
2019
(Year of Completion)
(Year of Completion)
This project was completed 5 years ago
From RM300,000
Built Up
800 SQ. FT - 2,080 SQ. FT
Land Title
Residential
Tenure
Freehold
Total Blocks
2
Total Storeys
33
Total Units
NIL
Parking
Min. 1
Description
Rica Residence is the new development in the upcoming neighbourhood of Bukit Jalil where new property projects are popping up like mushrooms after rain in lieu of the upcoming Pavilion 2 and second Paradigm Mall by WCT. Rica Residence is highly anticipated for the prime location it touts being situated in the heart of Bukit Jalil, with easy proximity to all amenities. It will consist of a low density, medium cost residential development, with an additional block of affordable homes under the Rumawip plan.
Registration for the Rumawip portion of Rica Residence began on 8th January 2016 and was to end on 7th March 2016 with a completion date of 31st July 2019. There will be only 204 units for these affordable homes, with a minimum selling price of RM300,000 for 800 sf with one complementary parking lot to every unit.
Coming with three bedrooms and two bathrooms, these affordable homes were designed for city dwellers who desire a home in the city but cannot afford the inflated prices. Amongst some of the conditions attached to buying one of these homes is that they cannot be sold or rented out for a period of 10 years.
For those who see the potential of Rica Residence’s location and desire to make an investment out of it, the other two blocks are for sale to the public at more than double the price of the Rumawip homes. These homes are priced from RM600,000 onwards but come with far larger units ranging between 1,200 sf and 2,080 sf. These homes will have between two and four bedrooms, with less than 500 units spread out over two blocks of 33 storeys. Every unit will also come with a balcony and either two or three parking lots.
Rica Residence will be located a stone’s throw from the neighbourhood’s Giant hypermarket just off the Bukit Jalil Highway. The upcoming landscape and lifestyle changing Pavilion 2 is located just down the road within minutes of Rica Residence, as is the second Paradigm Mall by WCT. Residents will also enjoy easy accessibility to the Shah Alam Expressway (KESAS) and the new nearby LRT 2 station.
good location and good community
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Floor Plans:
Floor Plan for Typical Unit (Rumawip)
Total of 1 Floor Plans.
Bedrooms
3
Bathrooms
2
Category
Condominium
Built Up
800
SQ. FT
Plan a site visit, or request for more information on this floor plan now!
Nearby Amenities:
-
Nearby Properties
Nothing found within 1km
-
Public Transportation
Nothing found within 10km
-
Schools & Universities
Nothing found within 10km
-
Hospitals & Clinics
Nothing found within 10km
-
Shops / Malls
Nothing found within 10km
-
Places of Worship
Nothing found within 10km
CLICK HERE TO USE MAP
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 (%) |
|---|---|---|---|---|---|
| Rica Residence | 2019 |
RM380,000
-
RM650,000
RM 525 psf - RM 596 psf |
NIL | NIL | NIL |
| The Zest | 2012 |
RM260,000
-
RM1,650,000
RM 288 psf - RM 777 psf |
RM1,300 - RM1,300 | NIL | 1.94 % |
| Kinrara Mas | June 2010 |
RM168,000
-
RM1,500,000
RM 222 psf - RM 801 psf |
RM500 - RM500 | NIL | 1.3 % |
| Sri Sunway | 2002 |
RM250,000
-
RM350,000
RM 312 psf - RM 426 psf |
RM900 - RM900 | NIL | 3.6 % |
| Vista Lavender | 2000 |
RM158,400
-
RM330,000
RM 159 psf - RM 385 psf |
RM850 - RM850 | NIL | 5.02 % |
| BK1 | 1994 |
RM159,000
-
RM880,000
RM 240 psf - RM 699 psf |
RM1,000 - RM1,000 | NIL | 3.12 % |
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 | - | - | - |
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 287 psf
Non Landed Properties
RM 377 psf
Landed Properties
RM 513 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 30,000 |
| Loan Amount ( 90 %) | RM 270,000 |
| Tenure Years | 35 Years |
| Interest Rate | 4.85% |
| Others (Estimation) | RM 10,000 |
Monthly Installment
RM 3,000 ±
Maintenance Fee
RM240 ±
RM
0.3
psf
(800 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.
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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