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Menara UP is a commercial development located in Old Klang Road, comprising of offices and retail units. The 20-storey one-tower building has units with built-ups from 860 sf and was completed in 2015.
The development comes with multi-level carpark, hence tenants need not worry about lack of parking space. The office building also includes a hotel, enticing investors to purchase a unit in order to cater to the hotel crowd. There is also a business centre, providing venue options when planning a meet up with clients.
The office building is also located at a connecting road between Bandar Kinrara and Taman Overseas Union, making it easily accessible to a wide variety of amenities. Just an 8 minutes' walk from Menara UP will bring tenants to a commercial area, where there are a number of restaurants and convenience stores. Taman Kinrara and Jalan Mega are just 3 minutes and 8 minutes drive away respectively, giving tenants access to banks and restaurants.
The New Pantai Expressway (NPE) and the Shah Alam Highway (KESAS) are both 7 minutes away from the office building, giving easy access to tenants who travel to and from Petaling Jaya, Subang Jaya, and Kuala Lumpur. The office building is also just 5 minutes away from the Muhibbah Light Rail Transit (LRT) station. Not only that, there are buses servicing the area frequently, giving tenants extra options in terms of transportation.
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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 (%) |
---|---|---|---|---|---|
Menara UP | 2015 |
RM420,000
-
RM420,000
RM 488 psf - RM 488 psf |
From RM2,100 | NIL | NIL |
OUG Parklane | 2015 |
RM275,000
-
RM2,295,000
RM 289 psf - RM 695 psf |
RM450 - RM450 | NIL | 1.14 % |
Residence 8 | Dec 2013 |
RM560,000
-
RM1,430,000
RM 428 psf - RM 1,100 psf |
RM850 - RM850 | NIL | 1.57 % |
Tiara Mutiara | 2013 |
RM345,000
-
RM630,000
RM 422 psf - RM 622 psf |
RM1,000 - RM1,000 | NIL | 3.23 % |
Sutera Maya | 2013 |
RM510,000
-
RM638,000
RM 380 psf - RM 475 psf |
RM1,650 - RM1,650 | NIL | 3.46 % |
Greenpark | 2000 |
RM310,000
-
RM650,000
RM 280 psf - RM 521 psf |
RM1,300 - RM1,300 | NIL | 3.01 % |
Avant Court | 1990 |
RM380,000
-
RM450,000
RM 378 psf - RM 463 psf |
RM1,100 - RM1,100 | NIL | 3.33 % |
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 | RM 1,111 psf | - | - |
500 - 1,000 SQ. FT | RM 446 psf | - | RM 223 psf |
1,000 - 1,500 SQ. FT | RM 378 psf | - | RM 277,732 psf |
1,500 - 2,500 SQ. FT | - | - | RM 200,127 psf |
2,500 - 4,000 SQ. FT | - | RM 1,805,000 psf | - |
4,000 SQ. FT and above | RM 36 psf | RM 2,496,000 psf | RM 417 psf |
Note:
Down Payment (10%) | RM 58,500 |
Loan Amount ( 90 %) | RM 526,500 |
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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