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City Park

Persiaran Klebang Bistari, 31200 Chemor, Perak
Shop Office Factory
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Details:

Developer

Developer of City Park, Lunar Properties Sdn Bhd
Lunar Properties Sdn Bhd
View developer's profile
Chinese ad 4621 326x150 01

Property Details

2016 Feb
(Year of Completion)
This project was completed 8 years ago
RM488,880 - RM1,040,560
Built Up
2,795 SQ. FT - 6,300 SQ. FT
Land Title
Commercial
Tenure
Freehold
Total Blocks
NIL
Total Storeys
3
Total Units
99

Description

City Park is a commercial and industrial development on a plot of freehold and previously-unused land in Klebang, Ipoh. It comprises two different types of properties – 3-storey shop offices and 2-storey factory units with a mixed-used concept combining showroom, factory and office functions.

City Park’s shop offices and factories are highly accessible and visible, built facing Jalan Kuala Kangsar, one of the main roads in Ipoh and a part of the trunk road of Federal Route 1 running through Peninsular Malaysia.

The development is located near to urban amenities like AEON Klebang 2km away, Econsave and the Poi Lam primary school, and surrounded by various neighbourhoods, which will definitely increase the customer traffic for the businesses in the commercial units.

Furthermore, all the shop offices and factory units come with features like free 24-hour security guarding for 2 years, free legal transfer fees, a free alarm system and CCTV wiring, adding value to the properties. The relatively-affordable price of the units, considering their strategic location and security, is an attractive factor for potential investors and buyers.

On one hand, heavy traffic around the development can be an issue, but on the other hand this is understandable given Klebang’s position between Tasek and Chemor, two established industrial areas in Perak.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (None)
Cleanliness
Safety
Traffic
Quietness


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Floor Plans:

Bedrooms 0
Bathrooms 6
Category Shop
Built Up 2800 SQ. FT

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Nearby Amenities:

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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 (%)
City Park Feb 2016 RM298,000 - RM298,000
RM 114 psf - RM 114 psf
NIL NIL NIL
Sky Garden Residences 2016 RM180,000 - RM275,000
RM 244 psf - RM 280 psf
RM1,000 - RM1,000 NIL 5.41 %

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 0 psf
Non Landed Properties
RM 0 psf
Landed Properties
RM 0 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 48,888
Loan Amount ( 90 %) RM 439,992
Tenure Years 35 Years
Interest Rate 4.85%
Others (Estimation) RM 10,000
Monthly Installment
RM 3,000 ±
Maintenance Fee
N / A
RM N / A psf (2,795 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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