Olive, Hillpark, Puncak Alam
Olive is a leasehold landed housing estate located in Hillpark, Puncak Alam. There are 343 units available at this project with built-up from 1,650 sf to 3,784 sf. It was developed by MKH Bhd (aka Metro Kajang) with a launch price at around RM260 psf, and was completed in about 2016.
MKH Bhd (aka Metro Kajang) is a very large-sized real estate company listed on KLSE, and it has constructed around 60 real estate projects in Malaysia. Other similar projects by the same developer are Cherry, Hillpark, Hillpark 2, Hillpark 3, Kajang East, Maple, Meranti, Oakberry, Pines and Taman Kayangan.
This landed housing estate has some amenities nearby, for example universities and schools. The following are some main universities here:
- Fspu UiTM Puncak Alam
- Kolej Baiduri 2 UiTM Puncak Alam
- Kolej Zamrud UiTM Puncak Alam
- Kompleks Alam Bina Dan Seni Reka UiTM Puncak Alam
- Kompleks Alam Bina UiTM Selangor Kampus Puncak Alam
- UiTM Puncak Alam
- Universiti Teknologi MARA (UiTM) Architecture Faculty
As for schools, there are SK Seri Pristana, SR Islam Al Hakeemi Saujana Utama and SRA Saujana Utama.
The current market prices for Olive are from RM580,000 to RM870,000 (about RM340 psf); while the monthly rentals are from RM1,100 to RM1,500 (about RM0.59 psf). The highest median price psf ever recorded was RM343 psf in Q4 2018; while the lowest one was RM260 psf in Q1 2014.
The current rental yield of Olive is around 2.4%, compared to 2.56% a year ago in Q1 2018. The highest rental yield ever recorded was 2.56% in Q1 2018; while the lowest one was 2.01% in Q3 2017. Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Olive is 4-bedroom / 1,892 sf with a median price of RM340 psf. For price wise, the most expensive one is 4-bedroom / 1,650 sf with a median price of RM350 psf; while the cheapest one is 4-bedroom / 3,150 sf with a median price of RM220 psf.
Latest Olive for sale listings:
Latest Olive for rent listings: