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Ipoh New Town is located right in the heart of Ipoh, it is one of the main commercial centres of Ipoh. Separated from Ipoh Old Town by Kinta River, Ipoh New Town is the hub for locals and tourists alike when they make a stop in Perak. Offices and shoplots in the area have a subsale price starting from RM960,000.
Ipoh New Town is also the heart Ipoh's culture, it houses a number of Ipoh landmarks, as well as many tourist attraction spots. Being the heart of the town, there are a plethora of amenities to be enjoyed. Many of Ipoh’s landmarks are located within walking distance of each another, such as the famous Lou Wong Chicken Rice restaurant, which is within a 3 minute’s walk from the Yau Tet Shin market site, now being a serviced residence, The Octagon.
There are hotels scattered around the town, much to the convenience of travellers to Ipoh. Ipoh Parade is also within the vicinity, while hospitals such as Hospital Raja Permaisuri Bainun and KPJ Ipoh Specialist Hospital are within 10 minute’s drive from the city centre. Apart from that, government service offices can are also easily accessible from the city centre.
The North-South Highway is easily accessible from Ipoh New Town. This will be an attractive point to investors, as locals and those travelling from out of state will likely pass by Ipoh New Town before moving on to other parts of the city.
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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 (%) |
---|---|---|---|---|---|
Ipoh New Town | 0 |
RM300,000
-
RM330,000
RM 90 psf - RM 200 psf |
From RM600 | NIL | NIL |
The Octagon | 2016 |
RM480,000
-
RM618,000
RM 595 psf - RM 673 psf |
NIL | NIL | NIL |
Kinta Riverfront | 2009 |
RM348,000
-
RM498,000
RM 312 psf - RM 430 psf |
RM1,600 - RM1,600 | NIL | 6.24 % |
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 96,000 |
Loan Amount ( 90 %) | RM 864,000 |
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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