Gala City is a new township that is optimised for the future and is envisioned for the future generation as it aims to transform part of Kuching into an urban sector which will at the same time create job opportunities for the locals.
Due to be the new landmark in Stampin of Kuching, future residents and tenants of Gala City will have excellent connectivity to the main road of Jalan Tun Jugah from where residents of Gala City can reach the Kuching International Airport in only two minutes.
Gala City will be built on 32 acres of land, and will consist of high rise office towers, retail malls, apartments, condominiums and a variety of integrated commercial properties. With Gala City’s contemporary and elegant building facade, it is destined to be the favourite venue for business, leisure and pleasure in Kuching.
Separated into four phases, the first phase of Gala City consists of 168 Street Mall which is a 3- to 6-storey commercial street mall and a 3-storey shoplot where every component of 168 Street Mall will bear a modern design. 168 Street Mall will also be the first shopping mall to have a 24-hour running escalator and 24-hour security in Kuching.
Phase 2 of Gala City was launched as of May 2015, consisting of two developments by the names of Plot 24 and Gala Residence. Plot 24 will be a development that comprise of 3- to 6-storey commercial shop houses and a pair of 8-storey office blocks, while Gala Residence is an apartment of contemporary design which provides modern lifestyle facilities. Each unit in Gala Residence is designed with flexi-space and are furnished with style.
Convenience is a forgone conclusion when living at Gala City with all the conveniences of life set at the doorsteps of residents. SJK Stampin will even be relocated to Gala City to ensure convenience of education for youngsters.
Gala City is an integrated development that is targeted from young individuals to medium sized families. It is to be a long term development which will also accommodate a hotel in future to meet the demands of touristic Kuching.
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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 (%) |
|---|---|---|---|---|---|
| Gala City | 2020 |
RM630,000
-
RM5,288,800
RM 608 psf - RM 928 psf |
NIL | NIL | NIL |
| DeLOFTS Residence | 2017 |
RM460,000
-
RM630,000
RM 672 psf - RM 856 psf |
RM1,700 - RM1,700 | NIL | 5.17 % |
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 | - | - | - |
Note:
| Down Payment (10%) | RM 36,800 |
| Loan Amount ( 90 %) | RM 331,200 |
| 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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