Teratai Square is one of the newer developments in Ampang, hosting a collection of low cost apartments. It is located within a prime location, at only 10 minutes away from the Cheras town centre while the Kuala Lumpur city centre is only 20 minutes away.
Add on the numerous forms of conveniences located nearby along with the series of public transportation systems and expressways within a short driving distance, Teratai Square is a popular choice of home for city dwellers.
The developer themselves however have a very bad reputation, especially with their Andari Townvillas project in Selayang Heights of which the residents have a dedicated blog complaining and protesting against the developer which is apparently full of empty and unfulfilled promises.
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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 (%) |
|---|---|---|---|---|---|
| Teratai Square | 2011 |
RM150,000
-
RM150,000
RM 211 psf - RM 211 psf |
From RM2,600 | NIL | NIL |
| Teratai Residence | 2014 |
RM309,000
-
RM360,000
RM 0 psf - RM 423 psf |
RM1,600 - RM1,600 | NIL | 5.28 % |
| SHNG Villas | 2014 | NIL | NIL | 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 | - | RM 348,750 psf | RM 199 psf |
| 1,000 - 1,500 SQ. FT | - | RM 328,600 psf | - |
| 1,500 - 2,500 SQ. FT | - | - | - |
| 2,500 - 4,000 SQ. FT | - | RM 976,000 psf | - |
| 4,000 SQ. FT and above | - | RM 1,325,000 psf | - |
Note:
| Down Payment (10%) | RM 8,000 |
| Loan Amount ( 90 %) | RM 72,000 |
| 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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