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Lodge Residence is a well planned development in Putra Nilai, spanning across 3.15 acres of freehold land. It is a project of student apartment, designed to cater to the students of the surrounding institutions of higher education. Well located in the heart of Putra Nilai, Lodge Residence comprises of compact sized studio units to house students studying in the Nilai education hub. Lodge Residence can also be used as a dual purpose accommodation, for personal use and for rent for long term investment returns.
Located next to Nilai University and opposite the Nilai International School, Lodge Residence is also within walking distance to Manipal International University, Inti International University and Universiti Sains Islam Malaysia (USIM). With the target market being students, the units here are compactly sized within 143 sf and 259 sf. The units below 200 sf will be able to house a single bed, while units above 200 sf will be able to fit in double beds. There will be 7 different layouts for buyers to choose from.
This project of 928 units has a minimum launch price of RM65,000, and the units will come partially furnished with bedframe, mattress, wardrobe, book shelf, study table with chair and water heater. Located nearby are shopping venues and public amenities including Tesco and a Giant hypermarket, restaurants, bus and KTM stations. There is also a sports complex close by to cater to students who want to maintain a healthy and active life.
Lodge Residence is well connected to 3 major highways such as the North–South Expressway Central Link (ELITE), North-South Highway (PLUS) and KLIA Extension Highway. These highways provide residents and tenants with quick access to the Kuala Lumpur International Airport (KLIA) as well as the low cost terminal KLIA2, Putrajaya, Cuberjaya, Sungai Besi toll and also Subang Jaya. Well connected to several major highways, getting to the Kuala Lumpur city centre will take only roughly 40 minutes.
With a ready catchment of student population in its surrounding areas and touting a 5-figure easy entry launch price, Lodge Residence is set on being an excellent investment with low entry requirements and high returns, capturing the interest of avid property investors.
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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 | - | - | - |
Note:
Down Payment (10%) | RM 6,500 |
Loan Amount ( 90 %) | RM 58,500 |
Tenure Years | 35 Years |
Interest Rate | 4.85% |
Others (Estimation) | RM 10,000 |
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.
All interest rates shown are indicative according to criteria provided by financial service providers and this is an estimated figure only do not constitute a guaranteed figure. Please consult your respective financial provider for the exact interest rate.
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