Raintree Square, located in the satellite city of The Isthmus in Kuching, is an integral part of the commercial development there. Carrying the title of a green township, the overall development on this part of Kuching puts it as one of the most central business area. Developed by CMS Land Sdn Bhd, the project is close to the river and follows sustainable guidelines closely.
Raintree Square consists of 54 units of 3-storey strata-titled shop offices, spread across 3 different blocks. All of the units have a 99-year lease, and presents itself as every investor’s dream - situated in a place of excellent growth, potential, and affordable entry prices. Prices for the units began at RM1,180,000 for corner units and RM880,000 for intermediate units. Each unit on each floor includes 2 bathrooms and a pantry, with built-ups around 856 sft to 1,556 sft.
The commercial shops are surrounding a hypermarket and mall, plus an office tower, and is not too far away from the Borneo Convention Centre Kuching (BCCK). On the other hand, other developments in The Isthmus include gateway towers for SEDC & LDCA, the main office for Sarawak Energy Bhd, a river taxi jetty, UCSI campus, condominiums, and a marina.
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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 88,000 |
| Loan Amount ( 90 %) | RM 792,000 |
| 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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