Areca Contempo Homes

Off Persiaran Rimba Permai, 63000 Cyberjaya, Selangor
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Details:

Developer

Developer of Areca Contempo Homes, Areca Properties Sdn. Bhd.
Areca Properties Sdn. Bhd.
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Chinese ad 4621 326x150 01

Facilities

Clubhouse
Barbecue area
Sports facilities
Playground

Property Details

2018
(Year of Completion)
This project was completed 3 years ago
RM 1,575,000 - RM 2,098,500
RM0.25psf
Built Up
2,470 SQ. FT - 3,162 SQ. FT
Land Title
Residential
Tenure
Freehold
Total Blocks
NIL
Total Storeys
2
Total Units
190
Parking
Min. 2

Description

Areca Contempo Homes is an upcoming low-density residential area within Cyberjaya, which is deemed to be the next Bangsar or Damansara Heights community. Spread out over 75 acres and built to have direct access to a 45-acre man-made lake, this landed gated and guarded community with strata title is to be located in the Cyberjaya flagship zone.

Areca Contempo Homes will be the first of its kind development in the township of Cyberjaya, which will offer the benefits of living in a high rise building with all its comforts of facilities and security but in a landed development instead. These homes will be located on the western boundary of Cyberjaya along Persiaran Sepang and Persiaran Rimba Permai.

Spanning 110 acres of land, there will be five parcels and phases to Areca Contempo Homes, which three out of the five will be dedicated to residential developments while the remaining two are earmarked for commercial developments. The residential developments were built with a ready-to-move-in concept in a resort-themed home.

Amongst the multitude of luxurious facilities that can be enjoyed by residents of Areca Contempo Homes is the 4 km jogging cum cycling path around the 45-acre man-made lake, lush landscaping with pocket parks and children playgrounds. There will also be a barbecue area and exercise lawn within the grounds of Areca Contempo Homes.

For security purposes, there will be only one entry and exit point to Areca Contempo Homes at the guardhouse. The perimeter fencing will be electricity powered, with the entire development monitored by 24-hour CCTV cameras.

The homes at Areca Contempo Homes are spacious, catering to moderate and large families. Every unit in this well designed neighbourhood comes with a garden, with the corner units enjoying a larger garden. All the homes will be fully furnished with kitchen appliances, air-conditioners in the bedroom and bathroom, hot and cold water mixer at the kitchen taps and bathrooms, downlights and floor to ceiling metal composite doors. The driveway will be large enough to fit four cars.

Situated in the Silicon Valley of Malaysia, Areca Contempo Homes is the place to be for raising a family. Connectivity to highways is good, the entirety of Cyberjaya is well planned to have maximum greenery, and there will be an upcoming MRT Line 2 that will effectively connect residents to KLCC without driving. With all the education hubs, medical institutions and what not so close to home, Areca Contempo Homes met the market’s demands head on.

Gated & Guarded
Security
Yes
Pet Friendly
No
Eco Friendly (GBI)
Nearby Restaurants
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Nearby Amenities:

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Did you know?

Check out the value of surrounding upcoming properties to make the best buying decision.

Property Name Year of Completion Launch Price Ad Selling Price
Areca Contempo Homes 2018 RM 1,575,000 - RM 2,098,500 RM 199,000 - RM 1,800,000
RM 270 psf - RM 586 psf
The Mulia Residences Feb 2022 RM 898,888 - RM 2,038,888 RM 898,888 - RM 1,238,000
RM 376 psf - RM 518 psf

Did you know?

Check out the value of surrounding recently completed properties to make the best buying decision.

Property Name Year of Completion Ad Selling Price Ad Rental Price Avg Transacted Price Avg Rental Yield (%)
Areca Contempo Homes 2018 RM 199,000 - RM 1,800,000
RM 270 psf - RM 586 psf
NIL NIL NIL
Symphony Hills 2020 RM 199,000 - RM 3,000,000
RM 165 psf - RM 550 psf
RM 1,800 - RM 1,800 RM 2,171,937 (RM 485 psf) 2.16 %
Sejati Residences Jan 2016 RM 199,000 - RM 31,000,000
RM 69 psf - RM 5,359 psf
RM 5,800 - RM 5,800 NIL 0.45 %
Vega Residensi Mar 2013 RM 199,000 - RM 495,000
RM 270 psf - RM 616 psf
RM 900 - RM 900 NIL 4.3 %

Did you know?

Check out the past transacted prices of this neighbourhood to make the best buying decision.

Non-Landed Landed Commercial
0 - 500 SQ. FT - - -
500 - 1,000 SQ. FT - - -
1,000 - 1,500 SQ. FT - - -
1,500 - 2,500 SQ. FT - - -
2,500 - 4,000 SQ. FT - - -
4,000 SQ. FT and above - RM 485 psf -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 283 psf
Non Landed Properties
RM 440 psf
Landed Properties
RM 0 psf
Commercial Properties

Note:

  • This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
  • 'Nearby distance' is based on 1 kilometre
  • Average Rental Yield takes into account an estimated amount of maintenance fees

My Affordability:

Down Payment (10%) RM 157,500
Loan Amount ( 90 %) RM 1,417,500
Tenure Years 35 Years
Interest Rate 4.85%
Others (Estimation) RM 10,000
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Monthly Installment
RM 3,000 ±
Maintenance Fee
RM 617 ±
RM 0.25 psf (2,470 SQ. FT)
Total Monthly Expenses
RM 3,000 ±

Disclaimer

The information shown is indicative and for illustration only. It does not guarantee the accuracy of the calculation and accepts no liability for any inaccuracies or omissions. The above does not constitute an offer of credit nor does it guarantee that the credit facility applied for will be approved. All applications for financing are subject to credit evaluation and approval and it reserves the right to approve or reject such applications without assigning any reason therefore.

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