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Taman Connaught is a hugely Chinese populated township in Cheras, strategically located at the three-road intersection of the Kuala Lumpur MRR2, East-West Link Expressway, and the Cheras Highway. For an established and matured neighbourhood, Taman Connaught consists of many types of development, from landed to high rise properties. There is also a business centre in the area called Connaught Avenue.
Taman Connaught is also home to the second longest night market in Malaysia, stretching for 2km with 700 stalls. Primarily known for the variety of food available, the night market caters to the residents in Cheras as well as students from UCSI University. There is positive rental yield for properties in Taman Connaught as it is a self-sufficient township with good connectivity and direct access to its surrounding amenities.
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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 (%) |
---|---|---|---|---|---|
Taman Connaught | 1980 |
RM110,160
-
RM4,230,000
RM 136 psf - RM 633 psf |
RM390 - RM390 | NIL | 1.08 % |
Altitude 236 | Oct 2014 |
RM720,000
-
RM1,300,000
RM 400 psf - RM 719 psf |
RM2,200 - RM2,200 | NIL | 2.81 % |
Connaught Avenue | Mar 2012 |
RM270,000
-
RM520,000
RM 281 psf - RM 473 psf |
RM430 - RM430 | NIL | 3.46 % |
Villa 33 | 2012 |
RM3,200,000
-
RM6,000,000
RM 525 psf - RM 923 psf |
NIL | NIL | NIL |
The Corner @ Alam Damai | Nov 2011 |
RM760,000
-
RM1,450,000
RM 263 psf - RM 555 psf |
RM2,500 - RM2,500 | NIL | 2.71 % |
Taman Taynton View | 2010 |
RM540,000
-
RM4,000,000
RM 276 psf - RM 833 psf |
RM1,400 - RM1,400 | NIL | 1.03 % |
Bukit Manda'rina | 2010 |
RM250,000
-
RM1,580,000
RM 318 psf - RM 509 psf |
RM1,100 - RM1,100 | NIL | 1.11 % |
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 | - | - | RM 900 psf |
500 - 1,000 SQ. FT | RM 413 psf | - | - |
1,000 - 1,500 SQ. FT | - | - | RM 227 psf |
1,500 - 2,500 SQ. FT | RM 400 psf | - | RM 396 psf |
2,500 - 4,000 SQ. FT | - | RM 1,840,000 psf | RM 206 psf |
4,000 SQ. FT and above | - | RM 1,931,763 psf | - |
Note:
Down Payment (10%) | RM 33,000 |
Loan Amount ( 90 %) | RM 297,000 |
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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