Elmina, Shah Alam
Elmina (also known as City Of Elmina) is a freehold town located in Shah Alam, Selangor.The built-up available in this town is 1,709 sf to 2,631 sf for houses. It was developed by Sime Darby Property Bhd.
Sime Darby Property Bhd is a very big-scale property developer listed on Bursa Malaysia, and it has developed about 251 property projects in Malaysia. Other similar projects by the same developer are Bandar Bukit Raja, Bukit Jelutong, Denai Alam, Elmina Gardens, Melawati Town Centre, Oasis Damansara, SS15, Saujana Impian, USJ 1 and USJ Heights.
The only amenities nearby this town are schools. Some of the schools here include SJK (T) Ladang Razak, SK Taman Bukit Subang and SR Islam Ar Rahimi.
The current market prices for Elmina are from RM650,000 to RM850,000 (about RM370 psf) for houses; while the monthly rentals are from RM1,500 to RM2,100 (about RM0.88 psf) for houses. The highest median price psf ever recorded was RM515 psf in Q1 2014 (House); while the lowest one was RM375 psf in Q1 2016 (House).
The current rental yield of Elmina is 2.54% for houses. The highest rental yield ever recorded was 3.53% in Q1 2019 (House); while the lowest one was 2.26% in Q1 2017 (House). Meanwhile, the most common unit layouts and sizes available here are as follows:
The most popular layout and size combination at Elmina for houses is 4-bedroom / 1,953 sf with a median price of RM370 psf. For price wise, the most expensive one is 4-bedroom / 1,855 sf with a median price of RM380 psf; while the cheapest one is 4-bedroom / 1,953 sf with a median price of RM370 psf.
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