Login to PropSocial
Are you an agent? Sign Up Here
Not a Propsocial member? Sign Up
Sign Up with PropSocial
Already a Propsocial member? Login
Cherry Apartment is a 4-storey low-cost apartment complex, with 4 blocks sharing 384 units, stretching along Jalan Buah Cherry. The units in Cherry Apartment have a built-up of 750 sf, which is larger than the usual size of low-cost apartments in the country. Each unit has 3 bedrooms and 2 bathrooms.
Subsale units are priced from RM70,000 and rental is from as low as RM220 a month, which makes Cherry Apartment suitable for young adults, and those starting a family. In addition to that, students of higher learning institutions around the area can consider Cherry Apartment thanks to its size, location and affordable rent.
Cherry Apartment is located on the outskirts of Ipoh city, which means a quiet atmosphere is assured, and traffic will not be a problem. However, this does have its downside though. Despite the 24 hour security provided, there have been cases of crime reported, so investors will need to take note. The place also has a lack of facilities, with a mini mart being the only one in the premises providing for residents.
However, tenants of Cherry Apartment need not worry, as the apartment complex is located just a 10-minute drive away from Ipoh city, giving residents access to amenities from shopping complexes like Ipoh Parade, clinics, banks, as well as government and municipal council offices. Cherry Apartment is also located nearby a number of academic institutions, such as Maxwell College, and Ipoh’s St. Michael’s Institution is just a 5-minutes drive away. The Ipoh Keratapi Tanah Melayu (KTM) station is also within walking distance, making public transport convenient for residents.
No articles available for this property.
Would you like to see our Articles page instead?
CLICK HERE TO USE MAP
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 (%) |
---|---|---|---|---|---|
Cherry Apartment | 0 |
RM125,000
-
RM150,000
RM 142 psf - RM 185 psf |
From RM220 | NIL | NIL |
Kinta Riverfront | 2009 |
RM348,000
-
RM498,000
RM 312 psf - RM 430 psf |
RM1,600 - RM1,600 | NIL | 6.24 % |
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 7,000 |
Loan Amount ( 90 %) | RM 63,000 |
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.
With PropSocial, everyone can now find their dream home. Looking to buy, sell or rent a home of Cherry Apartment? Fill in your details and we will get right back to you!