Despite there being a glut of new residential high rise developments in KLCC resulting in what many hope is the approach of a property bubble, The Meritz still commands good value with its still stable and ever increasing prices. With its premises being surrounded by shopping malls within very short walking distances, there is no indication that its prices will be dropping anytime soon, if ever.
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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 (%) |
|---|---|---|---|---|---|
| The Meritz | Apr 2008 |
RM1,129,800
-
RM4,200,000
RM 807 psf - RM 1,398,000 psf |
RM3,500 - RM3,500 | NIL | 10.12 % |
| Stonor 3 | 2019 |
RM1,000,000
-
RM2,381,250
RM 733 psf - RM 2,733 psf |
RM3,300 - RM3,300 | NIL | 15.11 % |
| Star Boulevard | 2018 | From RM7,000,000 | From RM34,000 | NIL | NIL |
| Four Seasons Place | 2017 |
RM2,697,300
-
RM45,000,000
RM 2,003 psf - RM 3,783 psf |
RM10,000 - RM10,000 | NIL | 1.13 % |
| Ilham Baru Tower | Aug 2015 | NIL | From RM14,000 | NIL | NIL |
| Summer Suites | 2015 |
RM410,000
-
RM1,100,000
RM 652 psf - RM 1,379 psf |
RM140 - RM140 | NIL | 412.95 % |
| Aurora Tower | 2015 |
RM520,000
-
RM650,000
RM 575 psf - RM 586 psf |
RM1,500 - RM1,500 | NIL | 3.69 % |
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 998 psf | - | RM 750 psf |
| 500 - 1,000 SQ. FT | RM 879 psf | - | RM 741 psf |
| 1,000 - 1,500 SQ. FT | RM 840 psf | - | RM 575 psf |
| 1,500 - 2,500 SQ. FT | RM 810 psf | - | RM 578 psf |
| 2,500 - 4,000 SQ. FT | RM 918 psf | - | - |
| 4,000 SQ. FT and above | RM 881 psf | - | - |
Note:
| Down Payment (10%) | RM 80,700 |
| Loan Amount ( 90 %) | RM 726,300 |
| 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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