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Milan Square is a commercial mixed-development with grand Italian features right in the heart of Kuching’s city centre. An exciting and exquisite development by Kenbest Properties Sdn Bhd, Milan Square comprises of 61 units of 4-storey shophouses and over 700 condominium units, situated along the ever-popular Jalan Wan Alwi. Completed in 2017, Milan Square incorporates various features of Italian architecture and design, such as cobblestone pavements, water fountains, and arches that truly bring about an air of European class.
As a mixed-development project, Milan Square consists of various retail shops, business offices, F&B outlets, a drive-through restaurant, and an adjoining condominium in the works. The shoplots are designed in a very strategic ‘O’ shape, so that every unit is able to be visible by both pedestrians and cars travelling along the roads.
Milan Square is located directly opposite Vivacity Megamall, the biggest shopping mall in Kuching, and faces the waterfront of the Tabuan Canal. Nearby residential developments include Floridale Condominium, Imperiale Residence, and notable places of interest include Swinburne University of Technology, Borneo Medical Centre, CityONE Megamall Kuching, Tabuan Jaya Mall, and more.
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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 (%) |
---|---|---|---|---|---|
Milan Square | 0 | NIL | NIL | NIL | NIL |
Satria Residence | 2018 |
RM450,000
-
RM1,300,000
RM 413 psf - RM 584 psf |
RM1,300 - RM1,300 | NIL | 2.31 % |
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 50,000 |
Loan Amount ( 90 %) | RM 450,000 |
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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