The Scott Garden, Klang Lama

  • Current Selling Price range from RM263,000 to RM805,000
  • Price per square foot (psf) of RM251 to RM907
  • Rental prices are around RM1,100 per month
  • Offers a relatively high rental yield
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The Scott Garden is a vibrant mixed-use development located in Klang Lama, Kuala Lumpur.

This dynamic community combines residential, commercial, and lifestyle elements to create an exceptional living experience.

With its strategic location and comprehensive amenities, The Scott Garden appeals to homebuyers, renters, and investors alike.

Features:

  1. Diverse Residential Options:
    • Offers a range of living spaces including serviced apartments, condominiums, and exclusive penthouses to cater to different lifestyles.
  2. Comprehensive Amenities:
    • Includes recreational facilities such as swimming pools, gyms, and tennis courts.
    • Features retail outlets, dining options, and cafes for convenient living.
  3. Community Engagement:
    • Regular community events and social activities foster a sense of belonging among residents.
    • Supports resident clubs and interest groups to enhance social interaction.
  4. Connectivity:
    • Strategically located along Old Klang Road with easy access to major highways and public transport.
    • Proximity to key landmarks, educational institutions, and healthcare facilities.
  5. Security and Maintenance:
    • Equipped with 24-hour security personnel and CCTV surveillance for resident safety.
    • Dedicated property management team ensures well-maintained common areas and facilities.
  6. Investment Potential:
    • Strong rental demand due to its desirable location and diverse residential offerings.
    • Capital appreciation potential driven by ongoing infrastructure development in the area.
  7. Sustainable Practices:
    • Incorporates energy-efficient systems and sustainable design elements for environmentally conscious living.

The Scott Garden stands out as a premier choice for those seeking a well-rounded urban lifestyle, blending convenience, community, and comfort in one exceptional location.

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Sub Sale Market Analysis

The Scott Garden, located along Old Klang Road (Jalan Klang Lama), is a SOHO development that was completed in 2011.

Here’s a detailed analysis of its sub-sale market:

  1. Pricing:
    • Launch Price: The initial launch prices were not specified for The Scott sources, but for The Scott Soho, which is part of the same development, prices started from RM360,000[1].
    • Current Selling Price: The current selling prices for The Scott Garden range from RM263,000 to RM805,000, with a price per square foot (psf) of RM251 to RM907[1].
    • Rental Prices: Rental prices are around RM1,100 per month[1].
  2. Market Performance:
    • Average Transacted Price: The average transacted price is not provided in the sources, but the selling prices give an indication of the market value.
    • Rental Yield: The Scott Garden has a rental yield of 5.51%, which is higher compared to other properties in the area like The Scott Soho (3.57%), Papillon Desahill (3.27%), and Casa Desa (3.72%)[1].
  3. Comparative Analysis:
    • The Scott Soho: Completed in 2013, The Scott Soho has selling prices ranging from RM316,000 to RM850,000, with a psf of RM402 to RM625. The rental yield is 3.57%[1].
    • Papillon Desahill: Completed in March 2011, Papillon Desahill has selling prices from RM950,000 to RM1,570,000, with a psf of RM672 to RM917. The rental yield is 3.27%[1].
    • Casa Desa: Completed in June 2008, Casa Desa has selling prices from RM475,000 to RM780,000, with a psf of RM392 to RM598. The rental yield is 3.72%[1].
  4. Challenges:
    • Traffic Congestion: The area is known for terrible traffic congestions during peak hours due to a single entry and exit point onto Old Klang Road[1].
    • Parking Issues: Illegal parking on the road shoulders at night adds to the traffic woes despite ample indoor parking[1].
  5. Investment Potential:
    • Rental Income: The Scott Garden offers a relatively high rental yield, making it a potential investment for those looking for rental income.
    • Market Demand: The area’s proximity to the city center and the variety of amenities could sustain demand for properties like The Scott Garden.

Sources:

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Last updated on: December 15, 2024

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