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 63 real estate projects in Malaysia. Other similar projects by the same developer are Cherry, Hillpark, Hillpark 2, Hillpark 3, Kajang East, Meranti, Oakberry, Pines, Rafflesia and Taman Kayangan.

Property Type
Landed Housing
Land Tenure
1,650 sf - 3,784 sf
Market Price
RM580,000 - RM870,000
343 Units
Completed In
Launch Price
About RM260 psf

This landed housing estate has some amenities nearby, for example universities and schools. The following are some main universities here:

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 RM310 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 RM310 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:

12-Jun-19Terrace2,152 sfRM575,100
05-Mar-19Terrace3,150 sfRM690,000
05-Mar-19Terrace2,152 sfRM728,000
27-Feb-19Terrace2,152 sfRM499,000
22-Feb-19Terrace1,892 sfRM558,000
10-Feb-19Terrace2,152 sfRM554,040
22-Dec-18Terrace2,152 sfRM728,000
05-Dec-18Terrace1,892 sfRM650,000
05-Dec-18Terrace1,892 sfRM560,000
05-Dec-18Terrace1,892 sfRM580,000

Latest Olive for rent listings:

27-Feb-19Terrace2,152 sfRM1,300
14-Feb-19Terrace1,892 sfRM1,100
17-Dec-18Terrace2,152 sfRM1,300
08-Dec-18Terrace1,892 sfRM1,100

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