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The Holmes is an exclusive new development located within the thriving township of Bandar Tun Razak in Cheras. It is a condominium of moderate proportions with a unique design of an L-shaped tower block, and is desirable for its family oriented homes. As part of the affordable homes program, this leasehold titled development was fully booked on the day of its preview before even the launch.
The Holmes is a home that was designed to be of moderate density that is being developed by Aset Kayamas a subsidiary of the Maxims Circle Development Group. The standard units of The Holmes are all sized at a generous 1,018 sf and come with three bedrooms and two bathrooms. Every unit also comes with two complementary parking lots. The launch price of The Holmes was an exciting RM395,000 only, with a price increment of RM1,000 per floor.
The facilities of The Holmes are located on the eighth floor of the development. As an affordable development, The Holmes will come with only a limited number of facilities. What is provided is however sufficient for the average resident, with a swimming pool, barbecue area, wading pool and playground. There will also be a multipurpose hall for various functions and a Jacuzzi self indulgence.
The Holmes is excellently located, which was a major selling point especially with its vastly affordable prices. The Holmes is located just in front of Taman Tasik Permaisuri, and enjoys easy accessibility to a number of highways. There is the East-West Link Expressway (SALAK) and Maju Expressway (MEX) nearby, while the main trunk road of Jalan Loke Yew connects residents of The Holmes to the city conveniently. With these access roads, getting to the Kuala Lumpur city centre will take under 20 minutes.
In terms of public transportation, the new Bandar Tun Razak LRT station will be within a mere 3 kilometres of The Holmes. Amenities such as the Tesco Extra of Cheras is also located a stone’s throw away from The Holmes.
With The Holmes’s advantageous selling price which makes it much cheaper than its surrounding developments, The Holmes was fully booked within five hours of the preview as buyers of The Holmes expect to make good returns on this project in the coming years.
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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 (%) |
---|---|---|---|---|---|
The Holmes | 2019 |
RM430,000
-
RM520,000
RM 422 psf - RM 510 psf |
RM500 - RM500 | NIL | 3.1 % |
Suasana Lumayan | June 2015 |
RM349,000
-
RM980,000
RM 272 psf - RM 614 psf |
RM1,300 - RM1,300 | NIL | 17.43 % |
Astana Lumayan | July 2013 |
RM435,000
-
RM590,000
RM 360 psf - RM 490 psf |
RM1,600 - RM1,600 | NIL | 3.65 % |
The Lumayan | Nov 2008 |
RM285,000
-
RM450,000
RM 0 psf - RM 481 psf |
RM1,000 - RM1,000 | NIL | 3.92 % |
Danau Lumayan Avenue | Oct 2008 |
RM340,200
-
RM450,000
RM 195 psf - RM 409 psf |
RM1,200 - RM1,200 | NIL | 3.64 % |
Cendana Apartment | 2008 |
RM195,000
-
RM250,000
RM 300 psf - RM 405 psf |
RM900 - RM900 | NIL | 5.1 % |
Dataran Dwitasik | Dec 2007 |
RM430,000
-
RM468,000
RM 537 psf - RM 585 psf |
RM1,600 - RM5,000 | NIL | 8.82 % |
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 420 psf | - | RM 269 psf |
1,000 - 1,500 SQ. FT | RM 387 psf | RM 410,000 psf | RM 867,626 psf |
1,500 - 2,500 SQ. FT | - | - | RM 2,516,667 psf |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | - | RM 1,920,000 psf | - |
Note:
Down Payment (10%) | RM 39,500 |
Loan Amount ( 90 %) | RM 355,500 |
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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