Meranti, Hillpark, Puncak Alam

Meranti is a leasehold landed housing estate located in Hillpark, Puncak Alam. There are 382 units available at this project with built-up from 1,300 sf to 1,563 sf. It was developed by MKH Bhd (aka Metro Kajang) with a launch price of around RM320 psf, and was completed about 2017.

MKH Bhd (aka Metro Kajang) is a huge real estate company listed on KLSE, and it has undertaken around 60 real estate projects in Malaysia. Other similar projects by the same developer are Cherry, Hillpark, Hillpark 2, Hillpark 3, Kajang East, Maple, Oakberry, Olive, Pines and Taman Kayangan.

Property Type
Landed Housing
Land Tenure
Leasehold
Built-up
1,300 sf - 1,563 sf
Market Price
RM560,000 - RM660,000
Density
382 Units
Completed In
2017
Launch Price
About RM320 psf

The only amenities nearby this landed housing estate are some schools.

The current market prices for Meranti are from RM560,000 to RM660,000 (about RM420 psf); while the monthly rentals are from RM1,000 to RM1,300 (about RM0.64 psf). The highest median price psf ever recorded was RM437 psf in Q2 2018; while the lowest one was RM320 psf in Q1 2015.

The current rental yield of Meranti is around 2.89%, compared to 2.53% a year ago in Q2 2018. The highest rental yield ever recorded was 3.16% in Q4 2018; while the lowest one was 2.13% in Q4 2017. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at Meranti is 4-bedroom / 1,563 sf with a median price of RM420 psf. For price wise, the most expensive one is 4-bedroom / 1,302 sf with a median price of RM430 psf; while the cheapest one is 4-bedroom / 1,563 sf with a median price of RM420 psf.

Latest Meranti for sale listings:

DateTypeBuilt-upPrice
16-Jun-19Terrace1,563 sfRM548,000
05-Mar-19Terrace1,563 sfRM500,000
23-Feb-19Terrace1,563 sfRM548,000
22-Feb-19Terrace2,600 sfRM848,000
10-Feb-19Terrace1,313 sfRM400,950
08-Feb-19Terrace1,516 sfRM365,000
22-Dec-18Terrace1,563 sfRM500,000
22-Dec-18Terrace1,563 sfRM720,000
12-Dec-18Terrace-NA-RM450,000
13-Oct-18Terrace1,563 sfRM718,000

Latest Meranti for rent listings:

DateTypeBuilt-upRental
08-Jan-19Room In Apartment-NA-RM250
25-Dec-18Terrace1,500 sfRM1,500
09-Dec-18Townhouse1,507 sfRM1,700
27-Nov-18Terrace1,563 sfRM1,000
26-Nov-18Terrace2,300 sfRM1,200
11-Sep-18Terrace3,500 sfRM1,300