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Areca Green is a residential development located in Setia Tropika, Johor Bahru. The residence consists of double storey terrace houses that have built-ups starting from 1,400 sf. The units average a layout of 4 bedrooms and 3 bathrooms, suitable for small to medium-sized families.
Located centrally within the Setia Tropika township, buyers will be able to enjoy what the whole of the development has to offer, where facilities are centralized and made accessible for all. Various parks scatter the development, with the main one being the Town Park. Tenants of Areca Green will also get to enjoy a pocket garden in the neighbourhood, saving them the hassle of going far just for a stroll. For residents living the active lifestyle, there is a cycling track for bike rides, in addition to a basketball court and a swimming pool. To make things better, the neighbourhood is gated and guarded, hence safety is not an issue.
Within the township of Setia Tropika, there are amenities such as petrol station, a few fast food restaurants, banks and the Ministry of Home Affairs Complex. To add on to the list, the Kempas district surrounds the residences, residents will be able to travel to the various townships within the area in search for more restaurants, banks, convenience stores, workshops and other amenities.
Residents need not travel too far to reach the Johor Bahru city centre, as it is just a stone’s throw away from Areca Green. Furthermore, recreational destinations like Starhill Golf and Country Club as well as the Austin Heights Water and Adventure Park are only a short drive away, conveniently ideal for those planning a weekend getaway.
Areca Green can be accessed from the North-South Highway (NSE) which has an exit that leads directly to it. Residents can also travel throughout Johor Bahru with no hassle, thanks to the Pasir Gudang Highway just minutes away from the Setia Tropika township. The North-South highway not only allows residents to travel throughout the country, it also branches out to the Johor Bahru East Dispersal Link Highway, bringing one closer to Singapore. Besides that, the neighbourhood is also accessible via the Kempas Baru Keretapi Tanah Melayu (KTM) station located nearby.
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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 (%) |
---|---|---|---|---|---|
Areca Green | 0 |
RM485,000
-
RM680,000
RM 303 psf - RM 485 psf |
NIL | NIL | NIL |
The Glitz @ Caranday | June 2014 | From RM745,000 | From RM2,200 | NIL | NIL |
Sky Garden Residences | Feb 2014 |
RM390,000
-
RM520,000
RM 357 psf - RM 745 psf |
RM1,200 - RM1,200 | NIL | 4.48 % |
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 58,500 |
Loan Amount ( 90 %) | RM 526,500 |
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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