Hock Ann Mansion is a low cost development located in Chow Kit and was completed many years ago for the lower income citizens. All units in Hock Ann Mansion come in a standard size and layout with the ground floor dedicated to shops and the remaining floors being housing units.
It is an aged development and rather poorly maintained as the building looks old and the paint has long since faded. A majority of the tenants here are foreigners which many consider unsafe for families to move in as the area is also constantly linked with negative activities. Due to its highly convenient location, traffic congestion here is very common.
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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 (%) |
|---|---|---|---|---|---|
| Hock Ann Mansion | 1973 |
RM170,000
-
RM200,000
RM 148 psf - RM 226 psf |
From RM700 | NIL | NIL |
| JKG Tower | 2017 | NIL | From RM16,500 | NIL | NIL |
| Plaza Haji Taib | 2016 | From RM800,000 | From RM1,500 | NIL | NIL |
| Summer Suites | 2015 |
RM410,000
-
RM1,100,000
RM 652 psf - RM 1,379 psf |
RM140 - RM140 | NIL | 412.95 % |
| Menara Centara | Oct 2014 | RM499,400 - RM2,652,500 | From RM2,400 | NIL | NIL |
| Kenny Hills Residence | Mar 2014 |
RM500,000
-
RM8,500,000
RM 410 psf - RM 1,346 psf |
RM10,000 - RM10,000 | NIL | 3.2 % |
| Vue Residences | Dec 2013 |
RM288,000
-
RM810,000
RM 576 psf - RM 940 psf |
RM900 - RM900 | NIL | 4.26 % |
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 841 psf | RM 17,000,000 psf | RM 2,805 psf |
| 500 - 1,000 SQ. FT | RM 642 psf | - | RM 762 psf |
| 1,000 - 1,500 SQ. FT | RM 521 psf | - | RM 626 psf |
| 1,500 - 2,500 SQ. FT | RM 584 psf | - | - |
| 2,500 - 4,000 SQ. FT | RM 474 psf | - | - |
| 4,000 SQ. FT and above | RM 515 psf | RM 13,800,000 psf | - |
Note:
| Down Payment (10%) | RM 18,000 |
| Loan Amount ( 90 %) | RM 162,000 |
| 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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