Property Review Video Contributed by iherng
CloudTree is one of the latest condominiums to grace the skylines of Cheras, and was very enthusiastically received by the market for its gorgeously green planning which will incorporate many nature inspired facilities. It is a development that was designed for a pampered lifestyle ensconced amidst nature, overlooking the beautiful skylines of Mines Resort.
Every one of the five towers and villa of this development was elegantly named Solaria, Celestia, Espira, Felicia, Astoria and Cascadia, with Astoria being the final instalment of this prestigious development. Nature will play a large part in the development of CloudTree, with the Central Valley Park located within the development itself amidst a tranquil environment.
Residents of CloudTree will live at the peak of the forest, a rare commodity in city living, enjoying unobstructed views of the virgin rainforest. Built to be of a theme to its development, the clubhouse of CloudTree will also feature its facilities amongst the generous grounds of the development.
Prices of CloudTree are generous, making them suitable for first time homebuyers, especially romantic couples that desire the beatific environment of the forests. Combined with the very low density that is bundled with CloudTree, they will find these homes to be the prefect retreat after a long day at work.
Although seemingly out of touch with reality, CloudTree is situated close to quality schools with the Australian International School, Tanarata International School, Cempaka International School and Alice Smith International school located a short ride down the hills.
Access to major highways such as the Maju Expressway (MEX), SILK Highway, Middle Ring Road 2 (MRR2) and Sungai Besi Highway is a short drive from home while the upcoming LRT lines are also only a short drive away from home.
Designed to blend into nature, CloudTree will have tree-shaded playgrounds, green-bordered walkways and an infinity pool overlooking nature. While many may shun this development for its isolated location, there are just as many purchasers who are highly attracted by its beautiful back-to-nature concept.
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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 (%) |
|---|---|---|---|---|---|
| CloudTree | June 2016 |
RM400,000
-
RM750,000
RM 367 psf - RM 618 psf |
RM1,300 - RM1,300 | NIL | 4.28 % |
| Damai Hillpark | 2015 |
RM350,000
-
RM570,000
RM 343 psf - RM 558 psf |
RM780 - RM780 | NIL | 2.85 % |
| D'Sereniti | 2012 | RM635,000 - RM1,100,000 | RM1,200 - RM2,400 | NIL | 2.49 % |
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 | - | - | - |
Note:
| Down Payment (10%) | RM 59,800 |
| Loan Amount ( 90 %) | RM 538,200 |
| 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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