Lido Residency is a modern and contemporary skyscraper in the town of Cheras. Located within Bandar Sri Permaisuri, this is a highly anticipated project from a developer of excellent track record. Lido Residency enjoys premium accessibility and connectivity to the Kuala Lumpur City Centre, as it is situated at the junction of Jalan Loke Yew and Cheras. This places Lido Residency at only 10 minutes away from the city centre.
In fact one of Lido Residency’s selling points is its centrality to everything, from entertainment hubs to educational institutions. Within a 5 kilometre radius of the condominium is the Sri Garden International School, Cybernetics International College of Technology and a variety of primary and secondary schools. Within less than 15 minutes of home is the Hospital Universiti Kebangsaan Malaysia (HUKM), Pantai Cheras Medical Centre and HSC Cheras Specialists Centre.
In form of entertainment hubs is AEON Maluri in the Cheras town centre, Sunway Velocity and 1 Shamelin to of the newer malls in the area, Leisure Mall and the furniture mall of Viva Homes; all of which are only minutes from home. In terms of hypermarkets, there is Tesco Extra, AEON Big and Checkers.
Adding on to the convenient lifestyle that residents will enjoy from living at Lido Residency, using public transportation to get to the city of Kuala Lumpur is also very convenient with the Miharja LRT station located nearby, and the new Taman Bukit Ria and Taman Bukit Mewah MRT being within walking distance from home.
With the many highways and bus stops located a short walk from Lido Residency one of the newest residential high rises to bloom in the area, Lido Residency has excellent chance for capital appreciation. It was in fact such a hot commodity in the market that Lido Residency was apparently fully sold out without even a showroom. One of the main attractions of this project is that the maintenance fees for the first two years of the project is free upon its completion.
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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 (%) |
|---|---|---|---|---|---|
| Lido Residency | Dec 2016 |
RM450,000
-
RM1,450,000
RM 370 psf - RM 1,074 psf |
RM1,600 - RM1,600 | NIL | 2.38 % |
| Sky Vista Residensi | 2014 |
RM584,000
-
RM960,500
RM 343 psf - RM 565 psf |
RM1,200 - RM1,200 | NIL | 2.42 % |
| Villa Seri Puteri | 2014 |
RM400,000
-
RM650,000
RM 307 psf - RM 593 psf |
RM1,500 - RM1,500 | NIL | 4.11 % |
| Vistaria Residensi | June 2012 |
RM474,000
-
RM765,000
RM 307 psf - RM 549 psf |
RM1,800 - RM1,800 | NIL | 5.11 % |
| Shamelin Heights Business Park | June 2009 |
RM558,000
-
RM558,000
RM 639 psf - RM 639 psf |
RM24,000 - RM50,000 | NIL | 79.57 % |
| Pertama Residency | 2009 |
RM292,000
-
RM556,800
RM 288 psf - RM 668 psf |
RM1,300 - RM1,300 | NIL | 3.95 % |
| Prima Midah Heights | 2005 |
RM439,000
-
RM690,000
RM 301 psf - RM 460 psf |
RM1,400 - RM1,400 | NIL | 3.84 % |
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 432 psf | - | - |
| 1,000 - 1,500 SQ. FT | RM 385 psf | - | - |
| 1,500 - 2,500 SQ. FT | RM 354 psf | RM 525,000 psf | - |
| 2,500 - 4,000 SQ. FT | RM 389 psf | - | - |
| 4,000 SQ. FT and above | - | - | - |
Note:
| Down Payment (10%) | RM 54,280 |
| Loan Amount ( 90 %) | RM 488,520 |
| 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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