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M3 Residency

No. 7, Jalan Madrasah, Taman Melati, 53100 Kuala Lumpur, Selangor
Serviced Residence
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Details:

Chinese ad 4621 326x150 01

Facilities

Cafeteria
Jogging track
Picnic area with tables
Barbecue area
Infinity pool
Pool deck
Playground
Gymnasium
Multipurpose court
Community hall
Library
Surau
Sauna

Property Details

From RM550,000
From RM1,400
Built Up
807 SQ. FT - 1,092 SQ. FT
Land Title
Commercial
Tenure
Leasehold
Total Blocks
2
Total Storeys
16
Total Units
412

Description

M3 Residency is a serviced residence located in Taman Melati, Gombak. Consisting of two 16-storey towers, the residence is also an extension of M3 Mall.

There are a total of 412 units shared between the two blocks, and units have built-ups ranging from 807 sf to 1,092 sf. As of 2017, the units are priced from RM550,000 onwards, and the rental starts from as low as RM1,400 onwards. Young adults, students and newly-weds are a great fit as tenants due to its decent size and price.

Located in the heart of Gombak, the facilities provided cater to the busy lifestyles of the tenants and the nature of the location. Within the residence, there is a cafeteria for those who are on the go and need a quick bite before leaving. There is also a jogging track, a multipurpose court and a gym for those who are looking to keep their fitness in check, as well as to have quick pick-up games. For those looking for ways to relax, there is a swimming pool, a sauna and a library. A picnic area with tables, barbecue area and a community hall are also equipped for social gatherings and events. Not just that, there is also a playground for the children.

Apart from the M3 Mall, M3 Residency will be surrounded by various amenities. It is not too far away from the town centre of Gombak, where government agency offices are abundant, and where restaurants, service centres and convenience stores are located. The residence is also close to townships of Setapak and Wangsa Maju, where the same amenities will be provided. Hospital Angkatan Tentera Tuanku Mizan is also a short drive away, which will come in handy during emergencies. For a weekend out with the family, the National Zoo is also just a short drive away.

The residence will also come in handy to students who are studying in Tunku Abdul Rahman University College (TARUC). Other schools that are close to the area are Sekolah Menengah Kebangsaan Setapak Indah, Sekolah Kebangsaan Gombak Setia and Sekolah Menengah Kebangsaan Gombak Setia.

Traffic could cause some headache here, but there is an abundance of routes in the form of trunk roads to reach M3 Residences. It also has easy access to the Duta-Ulu Kelang Expressway (DUKE), which connects to Jalan Duta, where Publika is located, and the Kuala Lumpur City Centre.

24-hour
Security
No
Pet Friendly
No
Eco Friendly (None)
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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 (%)
M3 Residency 0 RM298,000 - RM630,000
RM 318 psf - RM 522 psf
RM500 - RM500 NIL 3.23 %
Taman Melati 1989 RM153,000 - RM3,500,000
RM 43 psf - RM 1,342 psf
RM750 - RM750 NIL 2.87 %

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 - - RM 198 psf
500 - 1,000 SQ. FT - RM 410,000 psf -
1,000 - 1,500 SQ. FT RM 286 psf RM 470,000 psf -
1,500 - 2,500 SQ. FT - RM 450,000 psf RM 2,803,333 psf
2,500 - 4,000 SQ. FT - RM 1,250,000 psf RM 2,200,000 psf
4,000 SQ. FT and above - RM 2,166,667 psf -
Avg Recent Transactions
Last 100 Recent Transactions Recorded
RM 221 psf
Non Landed Properties
RM 45,449 psf
Landed Properties
RM 272,514 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 55,000
Loan Amount ( 90 %) RM 495,000
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 (807 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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