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Cherry Apartment

Jalan Buah Cherry, Off Jalan Tun Abdul Razak, 30100 Ipoh, Perak
Apartment
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Details:

Chinese ad 4621 326x150 01

Facilities

Mini mart

Property Details

From RM70,000
From RM220
Built Up
From 750 SQ. FT
Land Title
Residential
Tenure
Freehold
Total Blocks
4
Total Storeys
4
Total Units
384

Description

Cherry Apartment is a 4-storey low-cost apartment complex, with 4 blocks sharing 384 units, stretching along Jalan Buah Cherry. The units in Cherry Apartment have a built-up of 750 sf, which is larger than the usual size of low-cost apartments in the country. Each unit has 3 bedrooms and 2 bathrooms.

Subsale units are priced from RM70,000 and rental is from as low as RM220 a month, which makes Cherry Apartment suitable for young adults, and those starting a family. In addition to that, students of higher learning institutions around the area can consider Cherry Apartment thanks to its size, location and affordable rent.

Cherry Apartment is located on the outskirts of Ipoh city, which means a quiet atmosphere is assured, and traffic will not be a problem. However, this does have its downside though. Despite the 24 hour security provided, there have been cases of crime reported, so investors will need to take note. The place also has a lack of facilities, with a mini mart being the only one in the premises providing for residents.

However, tenants of Cherry Apartment need not worry, as the apartment complex is located just a 10-minute drive away from Ipoh city, giving residents access to amenities from shopping complexes like Ipoh Parade, clinics, banks, as well as government and municipal council offices. Cherry Apartment is also located nearby a number of academic institutions, such as Maxwell College, and Ipoh’s St. Michael’s Institution is just a 5-minutes drive away. The Ipoh Keratapi Tanah Melayu (KTM) station is also within walking distance, making public transport convenient for residents.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (None)
Cleanliness
Safety
Traffic
Quietness


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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 (%)
Cherry Apartment 0 RM125,000 - RM150,000
RM 142 psf - RM 185 psf
From RM220 NIL NIL
Kinta Riverfront 2009 RM348,000 - RM498,000
RM 312 psf - RM 430 psf
RM1,600 - RM1,600 NIL 6.24 %

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 0 psf
Non Landed Properties
RM 0 psf
Landed Properties
RM 0 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 7,000
Loan Amount ( 90 %) RM 63,000
Tenure Years 35 Years
Interest Rate 4.85%
Others (Estimation) RM 10,000
Monthly Installment
RM 3,000 ±
Maintenance Fee
N / A
RM N / A psf (750 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.

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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Cleanliness
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Safety
Traffic