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Casamas Condo

Jalan Haji Moktar, Kampung Pasir, 68000 Ampang, Selangor
Condominium
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Details:

Developer

Caely (M) Sdn Bhd (JV with Kismajaya Sdn Bhd)
Chinese ad 4621 326x150 01

Facilities

Swimming pool
Gymnasium
CCTV security surveillance

Property Details

2015 Sept
(Year of Completion)
This project was completed 9 years ago
From RM387,000
Built Up
882 SQ. FT - 1,488 SQ. FT
Land Title
Residential
Tenure
Leasehold
Total Blocks
3
Total Storeys
NIL
Total Units
126
Parking
Min. 1

Description

Casamas Condo is a condominium project that is located next to Estuary Court in Ukay, Ampang. It is a development of three blocks, whereby Block A and Block B were abandoned projects of Kumpulan Promista Sdn Bhd. Although Block A was completed, Block B was built only up to the sixth of the eight floors. The new developers plan to complete Block B of the development with an estimated GDV of RM49.8 million. There has been no news on Block C as of Q1 2016, only that the developers have reserved it for future development.

Rumoured to have been sold at between 15%-20% below market price, Casamas Condo was relaunched in 2013 to a very enthusiastic market. It was viewed to be a highly desirable investment due to its central location and easy accessibility, but many were apprehensive of the development due to the abandonment issue; and also that the new developers of Casamas Condo were unknown entities.

The continuation of Casamas Condo is a joint development between Caely (M) Sdn Bhd and Kismajaya Sdn Bhd. The former is a company that was incorporated in 1986, whose core business is direct selling lingerie to the Malaysian market. The company’s most distinguished award so far is the Tan Sri Fatimah Avon Women of Distinction Awards 1995. The latter is on the other hand a developer with no track record in the market.

Spanning 7.09 acres of leasehold land, Casamas Condo was fully sold out shortly after its relaunch. All the units are partially furnished with two air-conditioners and a water heater in the master bathroom. The master bedroom and second bedroom are also furnished with wardrobes, and the kitchens with built-in kitchen cabinets. The units will come with plaster ceilings as well. Sized at between 882 sf and 1,488 sf with a relaunch price of RM387,000, all the units come with only one parking lot regardless of its size.

The facilities at Casamas Condo will be rather limited with only a swimming pool and gymnasium. It will be located on the seventh floor of Block B, with a bridge connecting Block A to Block B.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (None)
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Floor Plans:

Bedrooms 3
Bathrooms 3
Category Condominium
Built Up 1505 SQ. FT

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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 (%)
Casamas Condo Sept 2015 RM380,000 - RM420,000
RM 400 psf - RM 432 psf
RM1,350 - RM1,350 NIL 4.13 %
Tijani Ukay Dec 2015 RM1,250,000 - RM3,800,000
RM 435 psf - RM 966 psf
RM5,500 - RM5,500 NIL 3.22 %
Gaia 16 Nov 2013 RM1,390,000 - RM6,500,000
RM 430 psf - RM 808 psf
RM20,000 - RM20,000 NIL 6.84 %
Residensi Bistaria 2013 RM160,000 - RM380,000
RM 188 psf - RM 447 psf
RM850 - RM850 NIL 4.13 %
Nusa Tropika July 2010 RM1,458,000 - RM2,800,000
RM 324 psf - RM 778 psf
RM5,000 - RM10,500 NIL 4.11 %
Sering Ukay 2010 RM120,000 - RM5,280,000
RM 42 psf - RM 833 psf
RM3,000 - RM3,000 NIL 5.11 %
Taman Andaman Ukay Feb 2005 RM850,000 - RM4,500,000
RM 389 psf - RM 450,000 psf
RM2,600 - RM2,600 NIL 1.17 %

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 325 psf - -
1,000 - 1,500 SQ. FT RM 446 psf - -
1,500 - 2,500 SQ. FT - - -
2,500 - 4,000 SQ. FT - RM 2,037,600 psf -
4,000 SQ. FT and above - RM 2,276,000 psf -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 262 psf
Non Landed Properties
RM 80,227 psf
Landed Properties
RM 298 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 38,700
Loan Amount ( 90 %) RM 348,300
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 (882 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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