Rimbunan Avenue is located in the heart of Kepong Baru, it is a commercial development brought to locals by MKH Berhad. The project consists of 2 rows of shop-office units that are 3 storeys high. The units also have a built-up of 1,765 sf onward, and have a minimum subsale price of RM2,200,000 as of year 2017.
Located in the Kepong Baru town centre, traffic to the area will not be a problem, which will assure investors a steady flow of income, with the amount of visitors potentially visiting the area. The amount of space provided also means ample room for investors to come up with their own unique layout. As of most matured commercial areas, the development does not come with 24-hour security systems, tenants would be encouraged to beef it up on their own.
There are tonnes of amenities within reach of Rimbunan Avenue, and most being in walking distance, or a short drive. Of course, various services of different types can be found within the shop-offices alone. One of its biggest plus-points would be that it is located close to AEON BiG Kepong, which is just a short walk away. There are some residential areas which will be able to generate flow of visitors to the area, and there are also other commercial areas which provide amenities such as restaurants, convenience stores, banks, shops and service centres.
Investors will be delighted to find out how close it is to other townships such as Jinjang, Selayang, Desa ParkCity and Segambut. The Kepong Metropolitan Park is also nearby, where tenants can carry out recreational activities, or hold social gatherings. There is also a larger shopping mall in the form of AEON Metro Prima, and that can provide some entertainment and a place to look for daily necessities. Investors looking to start an education business can also consider the shop-office units, as there are a few schools that are nearby, namely SRJK (C) Kepong 1 and 2.
Rimbunan Avenue can be easily reached via the Selayang-Kepong Highway, which also links to the Damansara-Puchong Highway. Traffic to the area can be a bit of a problem, as the nature of a busy town centre, but the shop-offices can easily be reached via public transportation, such as the RapidKL buses and the Kepong KTM station nearby.
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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 (%) |
|---|---|---|---|---|---|
| Rimbunan Avenue | 0 |
RM550,000
-
RM550,000
RM 401 psf - RM 401 psf |
NIL | NIL | NIL |
| Fortune Centra | Dec 2020 |
RM380,000
-
RM790,000
RM 490 psf - RM 679 psf |
RM150 - RM150 | NIL | 2.31 % |
| Villa At West KL | 2015 | NIL | NIL | NIL | NIL |
| First Residence | Mar 2012 |
RM321,300
-
RM1,000,000
RM 311 psf - RM 1,075 psf |
RM1,400 - RM1,400 | NIL | 2.9 % |
| Metro Prima | Nov 2007 |
RM160,000
-
RM429,999
RM 190 psf - RM 392 psf |
RM800 - RM800 | NIL | 3.62 % |
| Vista Magna | 2004 |
RM184,300
-
RM480,000
RM 214 psf - RM 388 psf |
RM1,000 - RM1,000 | NIL | 4.59 % |
| Pelangi Magna | 2001 |
RM188,000
-
RM188,000
RM 259 psf - RM 259 psf |
RM1,700 - RM1,700 | NIL | 10.43 % |
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 | RM 399 psf | - | - |
| 1,000 - 1,500 SQ. FT | RM 391 psf | - | RM 227 psf |
| 1,500 - 2,500 SQ. FT | - | - | RM 757 psf |
| 2,500 - 4,000 SQ. FT | - | - | - |
| 4,000 SQ. FT and above | - | RM 1,600,000 psf | - |
Note:
| Down Payment (10%) | RM 220,000 |
| Loan Amount ( 90 %) | RM 1,980,000 |
| 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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