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Arena Green is one of the older condominiums in Bukit Jalil that is fairly popular in the market for its central location and its affordable prices. While its designs may not strike the fancy of many as the colour scheme will not, Arena Green is an excellent abode for families with its large shared gardens.
Its location is also very central within walking distance to the Bukit Jalil LRT Station, and it is within short driving distance of the International Medical University (IMU) and Teknologi Park Malaysia (TPM).
Grouses of residents of Arena Green includes their inability to exit their homes during peak hours when the roads outside are thoroughly congested. Visitors are also warned about parking their cars outside the condominium at night where cars are commonly broken into or have their tyre rims stolen.
Aside from what is supposed to be a less than savoury neighbourhood, residents of Arena Green has also suffered a bad management team in the past where 2010 a total of RM500,000 was withdrawn from the condominium’s funds for no proper reason.
The residents were also extremely unhappy in 2010 when the management insisted on increasing the maintenance fees, as their reasoning was that the management body had never increased the price before and that the condominium is situated in a prime location.
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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 (%) |
---|---|---|---|---|---|
Arena Green | 2001 |
RM219,000
-
RM880,000
RM 135 psf - RM 801 psf |
RM880 - RM880 | NIL | 2.97 % |
Twin Arkz | 2015 |
RM500,000
-
RM2,100,000
RM 333 psf - RM 996 psf |
RM1,300 - RM1,300 | NIL | 3.35 % |
The Sanderson | Sept 2013 |
RM262,000
-
RM680,000
RM 300 psf - RM 544 psf |
RM1,300 - RM1,300 | NIL | 4.2 % |
Covillea | Nov 2012 |
RM380,000
-
RM970,000
RM 542 psf - RM 801 psf |
RM1,050 - RM1,050 | NIL | 3.51 % |
Savanna 2 | 2010 |
RM350,000
-
RM685,000
RM 218 psf - RM 801 psf |
RM2,000 - RM2,000 | NIL | 3.26 % |
Savanna 1 | Oct 2008 |
RM300,000
-
RM4,600,000
RM 282 psf - RM 1,086 psf |
RM1,600 - RM1,600 | NIL | 0.95 % |
Vista Komanwel | 1998 |
RM292,000
-
RM1,980,000
RM 242 psf - RM 801 psf |
RM550 - RM550 | NIL | 1.56 % |
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 539 psf | - | - |
1,500 - 2,500 SQ. FT | RM 682 psf | - | - |
2,500 - 4,000 SQ. FT | - | - | RM 3,500,000 psf |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 21,800 |
Loan Amount ( 90 %) | RM 196,200 |
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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