Monte Bayu is a high density towering development located on the hill slope of Kampung Cheras Baru in Cheras. The surrounding of Monte Bayu is made up of panoramic views of the Kuala Lumpur city centre skyline on one side, and the green and unspoiled scenery of the Bukit Sungai Putih Forest Reserve on the other where residents of Monte Bayu can enjoy the fresh cool air emanating from the forest.
However, as Monte Bayu is built on the slope of a hill, there is a risk of landslides occurring. Also added to the fear is that Talam was believed to be the original developer of this property before IJM Land took over, where Talam was responsible for the piling and earthworks of the condominium. Although IJM will do a superb job on everything else, potential buyers are more worried about the foundation work not holding up well on the slopes of the hills.
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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 (%) |
|---|---|---|---|---|---|
| Monte Bayu | Aug 2009 |
RM265,500
-
RM598,000
RM 0 psf - RM 526 psf |
RM1,100 - RM1,100 | NIL | 3.94 % |
| Nusa Mewah | June 2014 |
RM270,000
-
RM370,000
RM 312 psf - RM 427 psf |
RM900 - RM900 | NIL | 3.66 % |
| SHNG Villas | 2014 | NIL | NIL | NIL | NIL |
| Ketumbar Heights | July 2010 |
RM250,000
-
RM405,000
RM 324 psf - RM 405,000 psf |
RM850 - RM850 | NIL | 4.13 % |
| Glen View Villa | 2006 |
RM135,000
-
RM410,000
RM 177 psf - RM 375 psf |
RM1,000 - RM1,000 | NIL | 4.62 % |
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 376 psf | - | - |
| 1,000 - 1,500 SQ. FT | RM 392 psf | - | - |
| 1,500 - 2,500 SQ. FT | - | RM 335,000 psf | - |
| 2,500 - 4,000 SQ. FT | - | RM 550,400 psf | - |
| 4,000 SQ. FT and above | - | RM 1,070,000 psf | - |
Note:
| Down Payment (10%) | RM 15,000 |
| Loan Amount ( 90 %) | RM 135,000 |
| 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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