Thursday 7 May 2015

SouthBank Residence@ Old Klang Road

Property Project at Old Klang Road


Projects name
Southbank Residence
Location
Old Klang Road
Launch date
Aug 2014
Land Area
3 Acres
Developer
UOA Group
Number of Blocks
          2 block of Services Apartment
           6 block of Office / 9 storey each

Number of unit
Block A : 389
Block B : 285
Total : 674
Number of floor
37
Tenure
Freehold
Completion Date
Oct 2017
Maintenance fee
RM0.22 (include sinking fund)
Lift per floor
5 Passenger lift + 1 Service lift
Unit per floor
         Block A : 15
           Block B : 11
Car Park (If require extra car parks, only put under waiting list)
(Each car park RM30k) TBA
Each unit come with 1 car park
     10 level of car park (Residential)
                       2 level basement car park (Office)
                                     Total 917 car parks
Security
3 Tier
Title
Commercial Strata Title
Distance between block A and B
6 meter
Size
779sf – 978sf
Price per square feet
From RM670psf
View
Block A = North (KL view / Mid Valley)
               = South (Pool / OKR)
Block B = East (Taman Desa / pool)
              = West (Bukit Gasing)




Facility floor
11th floor
Selling points
  1. Freehold
  2. Service Apartment under HAD (no GST)
  3. UOA Group
  4. Lowest price among other Top developer
  5. Low Maintenance fee
  6. Fully furnish vs Basic unit
  7. Location at mouth of OKR
  8.  Nearby matured township
  9. Potential Future Growth (Value)
  10. 2/3 Bedrooms
Others
  1. Project Logi Rawatan Kumbahan Pantai 2
  2. Eco City Mass Development
Sales Package
Sample Discount Calculation
Unit SB/A-12-02
Size : 953sf
Price : 718,800
Discount 7%
          RM718,800
(-7%) RM50,316
Total : RM668,484 (nett)
·         Booking fees RM10k
·         7% outright discount
·         Booking fee RM10,000
·         7% outright discount
·         10% down-payment  (1st5% pay upon SPA signing , 2nd 5% pay upon VP)
·         SPA Legal Fee = Absorbed by developer
·         Loan Agreement Fee = 50% subsidized by developer
·         Loan Disbursement fee = buyer
·         Loan stamp duty = buyer
·         Cancellation fee = RM1,000
·         Cheque issues to = Eureka Equity Sdn Bhd


Rental Yield
(Use Scotts Garden/Saville Residence as benchmarks. Indicative asking rentals ranges from RM1500 (Scott’ loft studio) to RM2500 (Saville’ 3 bedroom unit)
Property price                               700,000
Annual Rental (RM2500/month)  30,000
                                                  /  700,000
                                                       0.043
Gross Rental Yield                          4.3%

Competitor



Is a very nice location that can go to Mid Valley within 5min.

If you need any information about the project.
RSVP call Melvin 019-4424882

For More information can view our page
Facebook : https://www.facebook.com/successone.galaxyteam?fref=ts
Instagram : GALAXY_PROPERTY

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