|Completion Date||from Y2001*|
|Launch Price||from RM80k*|
|Subsale Price||RM330k per unit
(median price as of Y2018)
|Asking Rental Price||from RM900 - RM1,400 per month|
|Maintenance & Sinking Fund||RM55 per month|
|Assessment Rate (Cukai Pintu)||RM129.60 x 2 = RM259.20 per year|
|Quit Rent (Cukai Petak)||?|
|Fire Insurance||RM70 per year|
|Built Up||from 850 sqft|
|Parking per unit||Min. 1|
|Facilities||Playground & multi purpose hall|
Jalan Cecawi 6/6,
Section 6, Kota Damansara,
47810 Petaling Jaya, Selangor
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).
For Year 2018, the median transacted price is RM330,000.