Section 1 is one of the original housing developments in Petaling Jaya, constructed during the British occupancy to accommodate the overflow of population from Kuala Lumpur. The houses here have over time increased in value, but nevertheless, many of the buildings still retain their original old-fashioned structure.
As of the current age, the area is often affectionately referred to as “PJ Old Town” by the locals. The area is mainly occupied by the Chinese, and although there has been attempts to upgrade the area, it still retains a slightly seedy look to outsiders. Visitors to this area are often advised by the locals to beware of snatch thefts, a rampant and common occurrence.
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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 |
|---|---|---|---|
| Section 1 | 0 | NIL |
RM355,800
-
RM2,900,000
RM 123 psf - RM 895 psf |
| Pantai Sentral Park | 2030 | From RM821,800 |
RM285,000
-
RM628,000
RM 316 psf - RM 697 psf |
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 (%) |
|---|---|---|---|---|---|
| Section 1 | 0 |
RM355,800
-
RM2,900,000
RM 123 psf - RM 895 psf |
RM2,000 - RM2,000 | NIL | 8.11 % |
| Saville @ The Park | 2015 |
RM526,000
-
RM8,000,000
RM 419 psf - RM 710,000 psf |
RM1,900 - RM1,900 | NIL | 2.7 % |
| Fraser Towers | 1994 |
RM396,000
-
RM880,000
RM 254 psf - RM 463 psf |
RM2,500 - RM2,500 | NIL | 4.11 % |
| Section 5 | 1963 |
RM899,000
-
RM7,218,000
RM 253 psf - RM 2,066 psf |
RM2,500 - RM2,500 | NIL | 1.18 % |
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 406 psf | - | - |
| 1,500 - 2,500 SQ. FT | RM 328 psf | - | - |
| 2,500 - 4,000 SQ. FT | - | - | - |
| 4,000 SQ. FT and above | - | RM 2,421,250 psf | - |
Note:
| Down Payment (10%) | RM 90,000 |
| Loan Amount ( 90 %) | RM 810,000 |
| 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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