Vina Versatile Homes is an upcoming condominium located in the heart of Cheras. It is a development that touts a comprehensive set of recreational facilities, and is being designed to be an environmentally friendly project with nature-friendly features. One of the most touted feature of Vina Versatile Homes is that 60% of its building will be covered in greenery. The development spans 7.5 acres of land, of which 4 acres of it is designed to be a green deck.
Amongst some of its most notable features is its 610 metres of jogging track through the forest within its gated and guarded grounds, and closer to home within the building will be a beautiful aqua-gym which is still rare in the city of Kuala Lumpur as of the year 2015. Yoga rooms, Pilates rooms and a gymnasium room will also be available, and Vina Versatile Homes’ swimming pool will be of Olympic size.
With the abundance of space at Vina Versatile Homes, the developers have also incorporated a tennis court, half a basketball court and badminton court into its grounds, facilities that are becoming rarer in new developments in today’s age due to space restrictions.
With its name saying it all, the main focus of Vina Versatile Homes is that a good number of its units have a dual-key concept for added privacy for extended families, or the possibility of renting out the additional space if one’s family is not that big.
Situated close to the busy area of town, Vina Versatile Homes will have good inter-traffic planning to ensure easy entry and exit from the grounds of the condominium, and there will be no more hold-ups at pick-up and drop-off points as there will be three allocated spaces for this very purpose.
Vina Versatile Homes is surrounded by many other low-cost developments and traffic tends to get congested especially during peak hours, but it is expected to reduce once the seven MRT stations are completed. This will also significantly increase the rental price as well as its value for capital appreciation.
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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 (%) |
|---|---|---|---|---|---|
| Vina Versatile Homes | June 2016 |
RM69,260
-
RM998,000
RM 23 psf - RM 611 psf |
RM690 - RM690 | NIL | 3.08 % |
| Park Residency | 2020 |
RM922,000
-
RM1,225,000
RM 245 psf - RM 508 psf |
NIL | NIL | NIL |
| Taman Sutera Residences | 2012 |
RM285,000
-
RM1,200,000
RM 300 psf - RM 635 psf |
NIL | NIL | NIL |
| Lake Valley | Feb 2010 |
RM270,000
-
RM3,600,000
RM 54 psf - RM 550,000 psf |
RM1,400 - RM1,400 | NIL | 1.52 % |
| The Oasis | July 2009 |
RM520,000
-
RM1,750,000
RM 331 psf - RM 629 psf |
RM1,600 - RM2,200 | NIL | 1.85 % |
| Primaya | Oct 2007 |
RM678,000
-
RM3,500,000
RM 340 psf - RM 921 psf |
NIL | NIL | NIL |
| Taman Cheras Utama | 2005 |
RM129,600
-
RM1,380,000
RM 197 psf - RM 564 psf |
RM1,150 - RM2,000 | NIL | 2.47 % |
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 | - | - | - |
| 1,000 - 1,500 SQ. FT | - | - | - |
| 1,500 - 2,500 SQ. FT | - | - | RM 92 psf |
| 2,500 - 4,000 SQ. FT | - | RM 1,530,000 psf | RM 163 psf |
| 4,000 SQ. FT and above | - | RM 1,300,000 psf | - |
Note:
| Down Payment (10%) | RM 49,000 |
| Loan Amount ( 90 %) | RM 441,000 |
| 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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