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Coast, also called Coast Kemaman, is a multimillion ringgit, 3.4-acre commercial development developed on Malay Reserve Land (MRL) in the capital of Kemaman, Terengganu. Slated for completion in 2017, it is the first project in this particular category by the developer.
Within the Coast development are 110 units of shop offices suited for a variety of businesses, be it glamorous car showrooms, laidback eateries or couture fashion labels. The retail and commerce lots are arranged in three curved blocks around open or green spaces like terraces, podiums and courtyards. These spaces also double as great event and bazaar venues.
Units in Block A are of a fixed size, 1,246 sf, while those in Block B range from 1,393 sf to 2,894 sf. The 4-storey Block C units start at 1,633 sf onwards, with the largest units measuring 2,856 sf. Units in Block A come with double frontages. All frontages open onto a covered walkway, while each block is served by at least one lift.
Although Chukai is part of Terengganu, it is actually nearer to the capital of Pahang, Kuantan, than to Kuala Terengganu. Undoubtedly, there is potential for growth in Chukai as it is near to the Kemaman city centre, the port and Kerteh, an important site for the Malaysian oil industry.
Cherating, a popular tourist destination in Pahang, is also just about 20km away from Chukai, making Coast a good retail destination for middle to upper class tourists and business people. Furthermore, the development faces Jalan Penghiburan, the main road in Kemaman. This ensures good visibility for the businesses, as well as great accessibility to and from other amenities.
For example, within a radius of 5km (or about 10 minutes by car), you can find at least six to seven schools, in addition to offices, factories and governmental buildings like the Kemaman Religious Department, Department of Labour and National Registration Department.
Thus, with Coast’s convenient location, it can become a well-loved hangout place for students, working professionals and families alike.
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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 42,122 |
Loan Amount ( 90 %) | RM 379,104 |
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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