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Lavender 2 is located in Bandar Universiti Seri Iskandar, and is part of the Bandar Universiti master plan developed by Huayang Sdn Bhd. Lavender 2 consists of 281 units of terrace houses spanning across 18 acres of land.
The 281 terrace units have a built-up of 1,558 sf, each 2-storeys in height. The launch price of the units in Lavender 2 range from RM244,800 to RM419,800. The units have 4 bedrooms and 3 bathrooms, and come with a car porch that can fit 2 cars. The houses have an elegant design, and is made to ensure that interior space is maximised for comfort and convenience to the tenants.
The whole township is a 50 minutes' drive away from the Ipoh city centre, but there is enough to provide within the vicinity. The homes at Bandar Universiti Seri Iskandar have commonly catered to students studying within the area. As such, the Lavender 2 homes may attract investors who intend to rent out to students, or hime seekers who want to be away from the bustle of Ipoh city and settle down closer to nature to seek peace and quiet.
Though there are no facilities provided at Lavender 2, there will be facilities provided within the township, which means that tenants and investors do not have to worry about this aspect. The lack of facilities in Lavender 2 is made up by the wide selection of amenities that are within the area. Located in a very dense residential land, tenants and investors will only have to make a 5 minutes' drive to the commercial area, where banks, pharmacies and other amenities are located. The Tesco Seri Iskandar hypermarket is also located less than a 10 minutes' drive away from the residences, while D Mall Billion Bandar Seri Iskandar is only 7 minutes away.
Well-established higher education institutions such as Universiti Teknologi MARA Perak and Universiti Teknologi Petronas are only 10 minutes away from Lavender 2. There is also a primary school, SK Taman Teknologi that is only 8 minutes’ drive from Lavender 2.
Lavender 2 has access to the Ipoh-Lumut Highway, where the highway is located only a 5 minutes' drive from the development. The highway gives residents access to other towns in Perak, such as Batu Gajah, which is less than half an hour’s drive via the highway. The Ipoh-Lumut Highway also enables access to the city of Ipoh in less than 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 (%) |
---|---|---|---|---|---|
Lavender 2 | Oct 2016 | NIL | NIL | NIL | NIL |
D'ecolake @ BUSI | Dec 2015 |
RM680,000
-
RM680,000
RM 340 psf - RM 340 psf |
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 | - | - | - |
1,000 - 1,500 SQ. FT | - | - | - |
1,500 - 2,500 SQ. FT | - | - | - |
2,500 - 4,000 SQ. FT | - | - | - |
4,000 SQ. FT and above | - | - | - |
Note:
Down Payment (10%) | RM 24,480 |
Loan Amount ( 90 %) | RM 220,320 |
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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