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The Edge Residen which is otherwise called The Edge Residence @ USJ 1 by many is a very highly anticipated development located in the busy and bustling city of Subang. The Edge Residen is situated within a stone’s throw of USJ One Avenue next to Sungai Kelang in a quieter part of town. This is a project by Dergahayu, a renowned Malaysian developer who also developed Andari Townvillas and Gardenville Townvillas which its buyers had much complaints about their homes and the development itself.
Sitted on leasehold land in a popular neighbourhood, The Edge Residen is centrally located in the heart of Subang Jaya in one of the last few available plots of land. The development carries a residential title, and will consist of a sole block of 29 storeys. The density will be slightly on the higher side with a total of 447 units.
There will be a total of five different layouts at The Edge Residen ranging from between 647 sf and 1,008 sf. Type A and Type C will have two bedrooms and two bathrooms, while Type D and Type E will have three bedrooms. The 2-bedroom units will come with one complementary parking lot while the 3-bedroom units will have two complementary parking lots. Prices of The Edge Residen are also rather affordable with a launching price of RM431,000.
The Edge Residen will boast a limited but comprehensive array of facilities. In addition to the usual swimming pool and children’s pool, there will also be the barbecue area and multipurpose hall. There will also be a gymnasium on the grounds and retail outlets at the base of the serviced apartments. Busy parents will appreciate the kindergarten that is being provided in The Edge Residen. The price of these facilities if RM0.35 psf exclusive of sinking fund.
Strategically located, The Edge Residen will enjoy convenient access to the Damansara-Puchong Highway (LDP), Shah Alam Expressway (KESAS) and North-South Expressway Central Link (ELITE). The Federal Highway is also located nearby within a short drive of The Edge Residen.
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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 Edge Residen | 2018 |
RM262,800
-
RM850,000
RM 380 psf - RM 803 psf |
RM550 - RM550 | NIL | 3.34 % |
Lakeside Residences | May 2017 |
RM549,000
-
RM2,500,000
RM 285 psf - RM 818 psf |
RM1,700 - RM1,700 | NIL | 341.11 % |
USJ One Avenue | Mar 2008 |
RM125,000
-
RM6,999,000
RM 190 psf - RM 3,932 psf |
RM1,599 - RM1,599 | NIL | 0.63 % |
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 | RM 373 psf | - | - |
1,500 - 2,500 SQ. FT | RM 349 psf | - | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 43,100 |
Loan Amount ( 90 %) | RM 387,900 |
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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