Palma Puteri Apartment Kota Damanasara Review

Completion Datefrom Y2001*
Launch Pricefrom RM80k*
Subsale PriceRM330k per unit
RM383 psqft
(median price as of Y2018)
Asking Rental Pricefrom RM900 - RM1,400 per month
Maintenance & Sinking FundRM55 per month
Assessment Rate (Cukai Pintu)RM129.60 x 2 = RM259.20 per year
Quit Rent (Cukai Petak)?
Fire InsuranceRM70 per year
Built Upfrom 850 sqft
Land TitleResidential
TenureLeasehold
Tenure Expiry24/07/2106
Total Blocks4
Total Storey5
Total Units400
Parking per unitMin. 1
FacilitiesPlayground & multi purpose hall
palma puteri kota damansara
palma puteri kota damansara
palma puteri kota damansara
palma puteri kota damansara
palma puteri kota damansara
palma puteri kota damansara
palma puteri kota damansara
palma puteri kota damansara
palma puteri kota damansara blocks
palma puteri kota damansara blocks

Location

Address:

Jalan Cecawi 6/6,
Section 6, Kota Damansara,
47810 Petaling Jaya, Selangor

Google Map

Surrounding

 

palma puteri kota damansara sun direction
palma puteri kota damansara sun direction

Facilities

palma puteri kota damansara
palma puteri kota damansara

Unit Layout

palma puteri kota damansara unit layout
palma puteri kota damansara unit layout

Pricing

Asking Price vs Rental Analysis

As of July 2019, average asking price is RM285,000 and average asking rental is RM1,100. (Based on mudah.my)

If take loan of 30 years with 4.5% interest and 10% downpayment, loan installment is RM1,300.

So if buy this property it is negative cash flow of RM200 per month. If include maintenance cost, quit rent and cukai petak, the loss is much higher.

The purchased price for this property is RM240,000 to have break even vs asking rental (only includes loan installment cost).

Transacted Price

For Year 2018, the median transacted price is RM330,000.

palma puteri kota damansara transacted price Y2018
palma puteri kota damansara transacted price Y2018