|Loan Amount (80% of price):||RM 3,560,000|
|Effective Interest Rate:||6.6%|
|Term of Loan:||30 years|
|Monthly Payment:||RM 22,736|
Bangsar is located on the outskirts of Kuala Lumpur. Like many other towns near KL, it has seen a drastic change in its infrastructure, both human and industrial since its days as a rubber plantation site with the emergence of schools (University Malaya, Raja Muda Teachers’ college) and medical facilities (University Malaya Medical Centre, Pantai Medical Centre). Laying essentially in the middle of towns Pantai Dalam and Damansara as well, its location proves pivotal to it being a sought after place of residency. The closest expressway for travel is Sprint and has a LRT train station as well.
The area offers a multitude of housing areas going by names like the Pantai Hills, Lucky Garden and Bangsar Park. There is also an area known as “the strip” which is comparative to Singapore’s Holland Village as both are streets lined with bars, pubs and restaurants. Amidst its urban feel, it also has a place for aesthetics with the Actors Studio and a high end book store called Silverfish. The Bangsar Sports Complex offer residents a host of activities, both recreational and athletic, with badminton, tennis, swimming and basketball.