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Medan Connaught is a mixed development project situated in Taman Connaught, Cheras. Taman Connaught is an established neighborhood in the municipality of Cheras, Kuala Lumpur, home to Malaysia’s longest night market - Pasar Malam Taman Connaught.
The Annex is Phase 1B of Medan Connaught, housing 258 units of serviced residences ranging from 592 sf to 1,771 sf. The units are designed to cater to different wants and needs with efficient use of space in mind.
Sited within the mixed development, The Annex is linked on one side to Maxim Residences and the other side to Phase 2 of Medan Connaught as well as the Taman Connaught MRT Station. It will offer the utmost convenience which defines modern living.
The developer has also inculcated privacy and security into The Annex, offering a multi-tiered security system to safeguard the development grounds. Access card is required from the guard house to the car park, from the car park to the main lobby, and to the lift. CCTV surveillance is also in place for added security.
Taman Connaught is a mature neighbourhood with great growth potential, where multiple future developments will be connected to Medan Connaught via pedestrian bridges and walkways. Medan Connaught’s immediate neighbours will be the refurbished Cheras Sentral and Silka Hotel.
The pedestrian access from Jalan 1/144a and the Seri Anggerik Cheras School is also expected to generate high pedestrian traffic. With various other developments slated to join the neighborhood, this property promises to be an up and coming vibrant central location.
The Taman Connaught neighbourhood is strategically located at the confluence of the Middle Ring Road 2 (MRR2), East-West Link Highway (Lebuhraya Salak), the Cheras-Kajang Highway (CKE) and the Jalan Alam Damai link to SILK Highway.
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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 (%) |
---|---|---|---|---|---|
Medan Connaught | 0 |
RM400,000
-
RM461,000
RM 350 psf - RM 404 psf |
NIL | NIL | NIL |
The Annex @ Medan Connaught | 2019 |
RM360,000
-
RM690,000
RM 369 psf - RM 709 psf |
RM605 - RM605 | NIL | 4.69 % |
Vista Harmoni | 2013 |
RM227,000
-
RM750,000
RM 199 psf - RM 535 psf |
RM872 - RM872 | NIL | 2.08 % |
Connaught Avenue | Mar 2012 |
RM270,000
-
RM520,000
RM 281 psf - RM 473 psf |
RM430 - RM430 | NIL | 3.39 % |
Cheras Heights Condominium | 2012 |
RM386,000
-
RM638,000
RM 286 psf - RM 433 psf |
RM1,500 - RM1,500 | NIL | 3.28 % |
The Corner @ Alam Damai | Nov 2011 |
RM760,000
-
RM1,450,000
RM 263 psf - RM 555 psf |
RM2,500 - RM2,500 | NIL | 2.71 % |
The Peak | Feb 2010 |
RM1,150,000
-
RM2,850,000
RM 246 psf - RM 981 psf |
RM3,800 - RM3,800 | NIL | 2.28 % |
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 | RM 378 psf | - | RM 266 psf |
1,000 - 1,500 SQ. FT | - | - | RM 314 psf |
1,500 - 2,500 SQ. FT | - | RM 730,000 psf | RM 3,800,000 psf |
2,500 - 4,000 SQ. FT | - | RM 700,000 psf | - |
4,000 SQ. FT and above | - | RM 2,595,000 psf | - |
Note:
Down Payment (10%) | RM 50,000 |
Loan Amount ( 90 %) | RM 450,000 |
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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