Greentown Business Centre is a commercial development that was completed in the 1990s, located in the heart of Ipoh city. The shop office units have a built-up of at least 907 sf, with a subsale price from RM190,000, while rent is from RM1,300 a month.
Facilities at Greentown Business Centre are minimal, with a communal parking lot being one of the few. However, the parking lots are scarce, and the headache is yet to be solved with the constant development in the area. Newer units in Greentown Business Centre have 24-hour security and CCTV surveillance.
Being in the city centre, Greentown Business Centre has loads of amenities surrounding its premises. Maybank is one of the financial institutions that reside within. Tenants of Greentown Business Centre can also enjoy a wide variety of restaurants and cafes that are scattered around the area. Apart from that, a number of government agencies are also within walking distance from the property.
Traffic in the area is not ideal, especially during peak hours, where a number of other shop offices, and schools mean a constant flow of people and traffic. However, on another note, the Greentown Business Centre has easy access to the North-South Expressway (NSE), which is just a 6-minutes drive away.
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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 (%) |
|---|---|---|---|---|---|
| Greentown Business Centre | 0 |
RM3,000,000
-
RM7,500,000
RM 287 psf - RM 681 psf |
RM15,000 - RM15,000 | NIL | 3.43 % |
| The Octagon | 2016 |
RM480,000
-
RM618,000
RM 595 psf - RM 673 psf |
NIL | NIL | NIL |
| Regency Terrace | 1994 | From RM275,000 | From RM1,350 | NIL | NIL |
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 16,800 |
| Loan Amount ( 90 %) | RM 151,200 |
| 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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