Units available for SOHO as at 1 June 2011
---------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------
This is another mixed development project near to an established university college in NILAI by a reputable developer. Literately it is just across the road of the college.
The entry price for the property / project is affordable starting from RM115K with an expected rental return in the range of RM700 - RM800/month.
Project Overview:
Land area of Project : 10 acre
Tenure : Freehold
Types : Mixed Development
- 4 blocks of 14 storey Apartments, ( approx. 1008 units )
- 1 block 10 storey SOHO (104 units) &
- 38 units shop lot (sold out) &
- 5 storey Hotel
Built Up :
Apartment:
- Single room – approximate 300ft2
- Double room – approximate 600ft2
- Triple room - approximate 900ft2
SOHO : approximate 497ft2
Shoplots : 22ft X 75ft & 22ft X 70ft (all sold out)
Price Range :RM115K – RM250K
Launch date :Early June 2011
Maintenance fee Estimated RM0.20 PSF (to be confirm)
Sinking Fund :10% of maintenance fee (to be confirm)
Expected completion date : End2013 / Early 2014
Furnishing Partly Furnish : details to be adviced
Car Park allocated :To be advicedResidential Facilities :-
- 2-tier security with card access,
- swimming pool,
- island gym,
- 2 tennis courts etc
Selling Points:
- Stone throw away from the College, about 70m. Would attract more
- students move to this area. Consider nearest place to the College, has more than 5,500 students studying in the college.
- Mixed development with nearby retail shops, and other entertainment /recreation facilities such as sport complex.
- Tight security system with access card for residents.
1. There are a shuttle bus services provided to pick up students from Desa Palma to Nilai College and LCCT.
Good with Potential Future developments in the area
- As per developer, they are in the midst of discussion with Air Asia to open a Tune Budget Hotel and hostel for Pilot and stewardess.
Population
- Malaysia Education Ministry is planning
to develop Nilai as education hub in the future i.e., Malaysia would
attract more than 15 medium or large size institutions at Nilai. Existing
education institution at Nilai area:
1.
Inti International College
2.
Nilai International College
3.
Universiti SainsIslam Nilai (USIM)
4.
Kolej Universiti Islam Malaysia (KUIM)
5.
International
Islamic University Malaysia (IIUM)
6.
Etc
Upcoming Institution:
1.
Epsom
College
·
Opening soon in year
2012. So population would increase another 1,000 at the beginning stage.
2.
University
of Liverpool
·
As per
developer, they’re having a final stage of negotiation to open new branch at
the vacant land beside Inti College.
3.
New
KLIA 2 is opening and it would attract pilot, staff or even staff from
education gazed into this area.
4.
Sepang
is having many grand events every year, such as F1, GT Japan, etc. From
developer information, some grand event might take a month for preparation, so
their accommodation rate would be high at the peak session. It would create
another crowded.
Desa Palma A:
-
Consist of 4
storeys: Ground floor is single storey shop lot and another 3 storeys is
apartment with strata title.
-
Current rental
rate for single storey shop: RM 5,000-RM 7,000 (Intermediate). RM8000 (corner)
-
Selling price: up
to RM 800,000
-
Apartment: 800++
sqf, Rental RM 550++, selling price RM 100,000++. (cheaper than Desa Palma B
because no security guard and patrol)
Desa Palma B &C
-
Consist of 6-7
storey Apartment:
-
Rental and
selling price slightly higher than Desa Palma A because has guard house ahead.
-
Rental: RM 700-RM1000
-
Selling Price: RM
130,000++
Desa Palma D-F:
-
Mostly rent to
student from Middle East or South African, because it is cheaper.
-
Rental: RM 500++
-
Selling Price:
Around RM 100,000
Hostel
-
Low density
mostly rent out for staff and lecturer from Inti
-
Interior very
neat and clean
New Shop Lots
-
It’s about 500m
away from Inti college, there have some restaurants, snooker center, Karaoke
center, handphone shops, etc
-
It is one and
half storey shops.
-
Rental is about
RM 3,500-RM 5,000 depend on distance from Inti Nilai.
Early bird discount
First 100 units' buyers or until offer period end ( as per developer's decision) will enjoy 7% discount.
Free Legal fees for SPA and Loan.
Early bird Discount :To be adviced
Bumiputra Discount :7%
Booking fee : RM3000 [payable to the developer's Lawyer as a stakeholder]
I will further update on the latest development of the project from time to time.
Should you need further details and bookin, please do not hesitate to contact me at 0173232188 before the phase 1 sold out.
Note : I will follow up and update you the details of the SOHO layout and unit price once the finalised outcome is released by the developer within these few days.
24 MAY 2011
The details of the SOHO units as per below
Total units availabe : 104 units
Type SOHO (Duplex)
Size from 549sft
Price from RM193,800.00
Total Levels : 4 levels
Density : 26 units per level
Maintenance fee : RM0.20psf
Sinking Fund : 10% of Maintenance fee
Offer for SOHO unit
1) Buyer can enjoy early bird discount 10% for any unit which is booked before 17 June 2011.
2) Free 1 car park, extra option to purchase, RM 15 k /unit
3) Free 1 pantry cabinet
