Recognizing the potential of properties in Bandar Mahkota Cheras, more and more developers have moved on to the empty tracts of land in the neighbourhood to turn them into profitable enterprises.
Marking its presence in this bustling township is the upcoming The iResidence, dedicated to families and businessess with its large built-ups at very affordable prices. In keeping with the current trends, The iResidence is an eco-friendly building with facilities such as rainwater harvesting systems, tinted windows, energy-saving light bulbs and environment-friendly paints.
Adding on to these very attractive traits is the the very low density of units at The iResidence promising its residents a quality of privacy, with buyers finding that they have an excellent bargain for the perfect home.
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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 iResidence | 0 |
RM380,000
-
RM838,000
RM 274 psf - RM 650 psf |
RM1,200 - RM1,200 | NIL | 3.63 % |
| Sunstone Villa | Mar 2015 |
RM790,000
-
RM1,480,000
RM 259 psf - RM 486 psf |
RM1,800 - RM1,800 | NIL | 2.48 % |
| Galaxy Villa | 2015 |
RM1,300,000
-
RM1,430,000
RM 296 psf - RM 444 psf |
NIL | NIL | NIL |
| Quartz Villa | Mar 2014 |
RM819,000
-
RM880,000
RM 292 psf - RM 369 psf |
RM1,800 - RM3,000 | NIL | 3.39 % |
| Eastpark 72 | 2014 |
RM1,580,000
-
RM3,411,720
RM 200 psf - RM 653 psf |
RM6,000 - RM6,000 | NIL | 2.6 % |
| Suria Court | 2012 |
RM300,000
-
RM530,000
RM 270 psf - RM 456 psf |
RM999 - RM999 | NIL | 3.17 % |
| Section 1 | Aug 2010 |
RM220,000
-
RM4,000,000
RM 142 psf - RM 827 psf |
RM1,200 - RM1,200 | NIL | 1.25 % |
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 317 psf | RM 317,500 psf | RM 325 psf |
| 1,000 - 1,500 SQ. FT | - | RM 330,000 psf | RM 959 psf |
| 1,500 - 2,500 SQ. FT | - | - | RM 383 psf |
| 2,500 - 4,000 SQ. FT | - | RM 1,496,000 psf | - |
| 4,000 SQ. FT and above | - | RM 3,976,667 psf | - |
Note:
| Down Payment (10%) | RM 36,700 |
| Loan Amount ( 90 %) | RM 330,300 |
| 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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