Emerald East, Kota Emerald
Emerald East (also known as Kota Emerald East) is a freehold town located in Kota Emerald, Rawang. The smaller section of the entire township, noticeable for its huge Peridot precinct which is filled with bungalows on elevated land. The other precincts that surround Peridot are mainly landed houses. There is a large industrial park located down south of this area and a quarry and cement plant located northeast and southeast respectively.
The built-up available in this town is 1,400 sf to 1,650 sf for houses. It was developed by GuocoLand Bhd.
GuocoLand Bhd is a large real estate company listed on KLSE, and it has undertaken around 36 real estate projects in Malaysia. Other similar projects by the same developer are Emerald West and Kota Emerald.
This town has many amenities nearby, such as schools, metro transport stations and universities. The following are some of the major schools here:
- Pra U SMK Seri Garing
- SJK (C) Kota Emerald
- SJK (T) Rawang
- SK Rawang
- SK Sinaran Budi
- SMK Seri Garing
- Straits International School Rawang
The current market prices for Emerald East are from RM490,000 to RM510,000 (about RM350 psf) for houses; while the monthly rentals are from RM1,100 to RM10,000 (about RM0.79 psf) for houses. The highest median price psf ever recorded was RM400 psf in Q2 2018 (House); while the lowest one was RM139 psf in Q3 2010 (House).
The current rental yield of Emerald East is 3.0% for houses. The highest rental yield ever recorded was 4.21% in Q1 2014 (House); while the lowest one was 1.71% in Q2 2016 (House). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Emerald East for houses is 4-bedroom / 1,400 sf with a median price of RM350 psf. For price wise, the most expensive one is 4-bedroom / 1,400 sf with a median price of RM350 psf; while the cheapest one is 4-bedroom / 1,650 sf with a median price of RM310 psf.
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