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Seri Andaman is a project developed by Huayang Sdn Bhd, under their Bandar Universiti Seri Iskandar township. Seri Andaman is also the developer’s first phase of MyHome units, an initiative to be in compliance with the MyHome scheme launched by Prime Minister Datuk Seri Najib Razak in Budget 2014.
Under the MyHome scheme, investors or tenants need to fulfill a number of criteria in order to be entitled to a RM30,000 subsidy when they purchase a MyHome unit.
Seri Andaman has 186 units of terrace houses that are a storey high. Each unit has a built-up space of 850 sf, and is priced from RM180,000 to RM200,000. The units each have 3 bedrooms and 2 bathrooms. Seri Andaman is a suitable residence for those with small families, young adults, or families that are just starting out.
Seri Andaman, located in the Bandar Universiti Iskandar township, is located in a rather isolated area of Perak, but it is not far away from the Seri Iskandar town centre, which is filled with various amenities. A number of fast food restaurants such as McDonald’s Seri Iskandar is 6 minutes away from Seri Andaman. Seri Andaman is also close to D Mall Billion Bandar Seri Iskandar, and the Tesco Seri Iskandar hypermarket, which are 7 minutes and 9 minutes away respectively. Seri Andaman is just 5 minutes away from the Seri Iskandar and Bandar Seri Iskandar town centre, where more amenities ranging from clinics, government offices and various other conveniences can be found.
Seri Andaman is also 10 minutes away from both University Teknologi MARA Perak and Universiti Teknologi Petronas, which can become an attractive point to students looking to rent or investors looking to invest in student accommodation, though owners may need to check whether it is viable to do so given the status of the homes. Seri Andaman is also close to a primary school, SK Taman Teknologi, which is only 8 minutes away.
Seri Andaman is located within easy access to the Ipoh-Lumut Highway, which allows tenants to commute around Perak in and easier and faster way. Using the Ipoh-Lumut Highway, Seri Andaman is only a 30 minutes' drive from Batu Gajah, and 50 minutes from the Ipoh city centre.
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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 18,000 |
Loan Amount ( 90 %) | RM 162,000 |
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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