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Meldrum Heights at Johor Bahru City Centre is a serviced apartment development slated for completion in 2024. Surrounded by modern conveniences offered by the bustling city, Meldrum Heights is only a walking distance away from JB Sentral, CIQ Complex and R&F Mall.
With only 251 apartment units, this low-density freehold property offers a comfortable living environment with practical built-ups ranging between 769 sf to 1,022 sf. The property also offers a range of lifestyle facilities to complement a healthy and sustainable lifestyle.
Not only does it have the only rooftop infinity pool in Johor Bahru town, Meldrum Heights also comes with other facilities such as yoga deck, BBQ area, sunbath area, sauna, gymnasium, wading pool, jacuzzi and more.
Meldrum Heights is surrounded by malls and retail outlets offering a myriad of supermarkets and other entertainment facilities, promising a wholesome and convenient lifestyle for its residents.
Within close proximity of Meldrum Heights are the Tan Hiok Nee Heritage Walk, Foon Yew High School, Johor Bahru International Ferry Terminal, Johor Bahru City Square, Komtar JBCC and Sultan Aminah Hospital, just to name a few.
Location-wise, It is positioned in a location interconnected to a network of highways including the Johor Bahru East Coast Highway and Eastern Dispersal Link. Residents of Meldrum Heights are sure to enjoy easy access and the convenience of travel.
Furthermore, the planned completion of the Singapore - Johor Bahru Rapid Transit System (RTS Link) in 2026 is expected to offer more traveling convenience and therefore bring in more population to JB and Singapore, prompting economic growth in that area.
The aforementioned foreseeable economic growth gives rise to the short-term rental (Airbnb) market. Property investors may well consider investing in a unit at Meldrum Heights, especially added with its walking distance feature to JB Sentral, CIQ Complex and R&F Mall.
In all, Meldrum Heights combines the convenience of living and traveling, for both its future long-term residents and tenants.
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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 (%) |
---|---|---|---|---|---|
Meldrum Heights | June 2024 | NIL | NIL | NIL | NIL |
Sky Suites @ Meldrum Hills | 2015 |
RM460,000
-
RM658,000
RM 469 psf - RM 791 psf |
RM800 - RM800 | NIL | 3.54 % |
Johor Bahru City Square | 1995 |
RM327,600
-
RM625,000
RM 676 psf - RM 1,179 psf |
From RM600 | NIL | NIL |
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 32,120 |
Loan Amount ( 90 %) | RM 289,080 |
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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