Permata Residence is one of the latest jewels of Cheras. It is a development that is named “Jewel Residence” when translated from the Malay language, and the development strives to live up to its name. Permata Residence comes with three towers, where every one of them is a different height.
Block A stands at 17 storeys tall and houses 144 units, where all the units are sized at 1,227 sf. Block B1 is a lower rise with 13 storeys only, housing 173 units. Type A and Type B units are housed within this tower at 1,110 sf and 1,041 sf respectively. The final block, Block B2, is the lowest rise with only 70 units and 11 storeys. This tower also houses Type A and Type B units only.
This freehold property is deemed to be a good investment due to its central location in Bandar Sungai Long, and makes for a great family home. It is conveniently located close to the Kajang Dispersal Link Expressway (SILK) and the Kajang Bypass. An Aeon supermarket is located as close as 5 minutes away, while Leisure Mall is slightly further at a 10-minute drive. Getting to the city centre of Kuala Lumpur may take approximately half an hour.
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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 (%) |
|---|---|---|---|---|---|
| Permata Residence | Dec 2015 |
RM234,000
-
RM550,000
RM 210 psf - RM 500 psf |
RM800 - RM800 | NIL | 3.06 % |
| Tropicana Cheras | 2015 |
RM388,000
-
RM2,600,000
RM 162 psf - RM 653 psf |
From RM3,200 | NIL | NIL |
| Viridian | Feb 2013 |
RM570,000
-
RM2,880,000
RM 307 psf - RM 685 psf |
RM3,000 - RM3,000 | NIL | 2.09 % |
| Surian Tropika Homes | Aug 2012 |
RM270,000
-
RM1,800,000
RM 270 psf - RM 406 psf |
RM850 - RM850 | NIL | 0.81 % |
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 | - | RM 1,677,800 psf | - |
| 4,000 SQ. FT and above | - | RM 1,735,000 psf | - |
Note:
| Down Payment (10%) | RM 46,500 |
| Loan Amount ( 90 %) | RM 418,500 |
| 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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