Mutiara Residence @ Serdang

Jalan Raya Satu, Off Jalan Raya 4, 43300 Seri Kembangan, Selangor
Serviced Residence
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Details:

Developer

Developer of Mutiara Residence @ Serdang, Andaman Group
Andaman Group
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Chinese ad 4621 326x150 01

Facilities

Covered parking space
Half-Olympic size swimming pool
Gymnasium
Barbecue pit
Games room

Property Details

2014
(Year of Completion)
This project was completed 8 years ago
From RM468,000
From RM1,500
Built Up
743 SQ. FT - 1,627 SQ. FT
Land Title
Commercial
Tenure
Leasehold
Total Blocks
2
Total Storeys
12
Total Units
228
Parking
Min. 1

Description

Mutiara Residence @ Serdang is an attractive development in Seri Kembangan which sold extremely well for its guaranteed 8% rental returns for 3+3+4 years. The rental income comes from Universiti Putra Malaysia (UPM) students which the university is leasing the apartments for its students.

Spread across 6.69 acres of land, the Gross Development Value (GDV) of this project was a hefty RM116 million as all the units are fully furnished; enabling students to just move in with their suitcases.

Accessibility to Diamond Residence @ Serdang is also a win factor, with the Shah Alam Expressway (KESAS), Sungai Besi Highway, Kuala Lumpur-Seremban Highway and North-South Expressway located nearby.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (GBI)
Seri Kembangan
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Nearby 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 (%)
Mutiara Residence @ Serdang 2014 RM190,000 - RM600,000
RM 255 psf - RM 613 psf
RM500 - RM500 NIL 4.86 %
Univ 360 Place 2015 RM270,000 - RM780,000
RM 235 psf - RM 688 psf
RM1,050 - RM1,050 NIL 3.69 %
Diamond Square 2013 From RM4,200,000 From RM2,000 NIL NIL

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 - - -
2,500 - 4,000 SQ. FT - - -
4,000 SQ. FT and above - - -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 150 psf
Non Landed Properties
RM 259 psf
Landed Properties
RM 347 psf
Commercial Properties

Note:

  • This price analysis is to be used only as a reference. The accuracy of its data will improve over time as more data is collected.
  • 'Nearby distance' is based on 1 kilometre
  • Average Rental Yield takes into account an estimated amount of maintenance fees

My Affordability:

Down Payment (10%) RM 46,800
Loan Amount ( 90 %) RM 421,200
Tenure Years 35 Years
Interest Rate 4.85%
Others (Estimation) RM 10,000
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Monthly Installment
RM 3,000 ±
Maintenance Fee
N / A
RM N / A psf (743 SQ. FT)
Total Monthly Expenses
RM 3,000 ±

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.

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